EFC Receives Outstanding Quality Award from Motus

EFC attended a Motus Supplier Event this week. It was an “Award and Expectations Day” for critical/strategic suppliers to Motus. With 160 global suppliers, they only invited 60 key suppliers to the event.

They reflected on 2022, celebrating their highest-performing suppliers and provided expectations for 2023 and beyond.

The awards are centered around behaviors and EFC was awarded with an “Outstanding Quality” Award. Scoring consisted of shipping over 4,000,000 parts/yr with low PPM. EFC shipped 9,500,000 parts in 2022 to Motus.

Over the last 7 years we have focused on Motus as a target account. Taking them from 1,000,000 parts/yr to 9,500,000 parts/yr in 2022. Our team (Leslie/Mario/Alan/Jose) continues to grow the partnership between EFC International and Motus Integrated Technologies.

Pictured with Leslie Varady is Ricardo Rodriguez Purchasing Manager and James Cinglie Senior Director, Global Supply Chain Mgt. Both provided a huge compliment to EFC for our outstanding quality and truly appreciate EFC as a key partner.

Congratulations to a job well done.

EFC International Acquires Inventory Sales Company

Frontenac-backed EFC International announced March 2 that it has acquired St. Louis-based Inventory Sales Company (ISC), a distributor of fastener products, components, and struts/accessories to diversified industrial and infrastructure markets. Financial terms of the deal were not disclosed.

EFC, based in St. Louis, MO, operates globally and provides solutions such as engineering support, sales and marketing, distribution, and high-touch service to customers in the automotive, industrial, and other technical end markets. The Company has served as a critical link between suppliers and customers for over 35 years. EFC has a history of growth driven by longstanding supplier relationships and a tenured customer base.

ISC, founded in 1972 by Jim Friedmann and headquartered in St. Louis, MO, is a distributor of Class-C parts with a primary focus on fasteners and strut accessories. The company has a highly reputable and well-established brand and is known for outstanding levels of service through its broad capabilities including vendor managed inventory programs, in-house fabrication, kitting, and a strong sales force. ISC also has operations and a warehouse in Kansas City, KS and St. Elizabeth, MO.

Matt Dudenhoeffer, EFC CEO, who will lead the combined company, stated “The ISC acquisition provides us with tremendously increased scale and diversification while further expanding and strengthening the product and service offerings of both companies. The acquisition is very strategic, and what is also impressive is the alignment of company cultures and similar histories. We believe the sky is the limit for what we can accomplish together through the strong collaboration of these great teams.”

ISC President, Cathy Friedmann, who will continue to lead ISC, added that “This combination of our two companies is such a great fit; it gives us the platform to grow beyond what we ever previously imagined. EFC dramatically enhances our technical capabilities and our product and service offerings as well as geographic footprint. The customer has always been king at ISC, and now we can serve them even better than before. This acquisition creates additional opportunities for our customers, suppliers, and employees alike.”

Read full press release here.