About Motor City Industrial
Motor City Industrial is a company based in Hazel Park (United States) founded in 1965 was acquired by AFC Industries in January 2023. It operates as a Reseller / Distribution. Motor City Industrial has completed 3 acquisitions, including EMCO Industrial, Quality Fasteners & Supply and Smith Fastener. Motor City Industrial offers products and services including Supply Chain Solutions, Inventory Management, Value-Added Services, Technical Services, and Quality Tooling Solutions. Motor City Industrial operates in a competitive market with competitors including PartsTech, FinditParts, Magnuson, Vintage Parts and CasterDepot, among others.
- Headquarter Hazel Park, United States
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Afc Industries
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
EMCO Industrial
& 2 more
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Acquired by
AFC Industries
(Jan 16, 2023)
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Products & Services of Motor City Industrial
Motor City Industrial offers a comprehensive portfolio of products and services, including Supply Chain Solutions, Inventory Management, Value-Added Services, Technical Services, and Quality Tooling Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solutions for managing supply chain inefficiencies are provided.
Inventory management systems are offered for industrial clients.
Additional services are provided to enhance industrial operations.
Technical support services are delivered to industrial customers.
Tooling solutions are supplied for quality industrial applications.
Funding Insights of Motor City Industrial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Motor City Industrial
Motor City Industrial has secured backing from 1 investor. Prominent investors backing the company include AFC Industries. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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AFC Industries is recognized for manufacturing ergonomic furniture solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Motor City Industrial
Motor City Industrial has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include EMCO Industrial, Quality Fasteners & Supply and Smith Fastener. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Supply chain automation and industrial solutions are provided.
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1998 | ||||
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Industrial consumables and ancillary products are distributed.
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1995 | ||||
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EMCO Industrial is engaged in supplying industrial components and solutions.
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1954 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Motor City Industrial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Motor City Industrial Comparisons
Competitors of Motor City Industrial
Motor City Industrial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PartsTech, FinditParts, Magnuson, Vintage Parts and CasterDepot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automotive parts are supplied to businesses via PartsTech's platform.
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| domain | founded_year | HQ Location |
Online marketplace for truck parts
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| domain | founded_year | HQ Location |
Provider of superchargers and other automotive parts
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| domain | founded_year | HQ Location |
Original automotive parts are distributed online to authorized customers.
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| domain | founded_year | HQ Location |
Online retailer selling casters, wheels, and accessories for various duty levels.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Motor City Industrial
Frequently Asked Questions about Motor City Industrial
When was Motor City Industrial founded?
Motor City Industrial was founded in 1965.
Where is Motor City Industrial located?
Motor City Industrial is headquartered in Hazel Park, United States. It is registered at Hazel Park, Michigan, United States.
Who is the current CEO of Motor City Industrial?
Joe Stephens is the current CEO of Motor City Industrial.
What does Motor City Industrial do?
Motor City Industrial, now part of AFC Industries, is involved in industrial supply distribution with a focus on fasteners and c-class components. Operations are supported across various sectors including aerospace, military, marine, and power control. Comprehensive solutions such as inventory management, engineering, light assembly, kitting, and logistics support are provided globally. Customers are served through robust systems and vending technology to simplify manufacturing processes and address business challenges.
Who are the top competitors of Motor City Industrial?
Motor City Industrial's top competitors include PartsTech, FinditParts and Midwest Keyless.
What products or services does Motor City Industrial offer?
Motor City Industrial offers Supply Chain Solutions, Inventory Management, Value-Added Services, Technical Services, and Quality Tooling Solutions.
How many acquisitions has Motor City Industrial made?
Motor City Industrial has made 3 acquisitions, including EMCO Industrial, Quality Fasteners & Supply, and Smith Fastener.
Who are Motor City Industrial's investors?
Motor City Industrial has 1 investor. Key investors include AFC Industries.
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