SMA Completes Acquisition of TISCO

PORTLAND, Ore., Dec. 30, 2016 (GLOBE NEWSWIRE) -- Blount International, Inc. (“Blount”) and SMA, Inc. (“SMA”) today announced that they have completed the transaction in which SMA has acquired certain assets of Blount’s TISCO aftermarket parts business.

The transaction was announced November 17, 2016, and was finalized today. For ongoing support of the TISCO brand, SMA will maintain the current TISCO office (for customer and technical support, as well as purchasing) in Oakdale, Minnesota. SMA will continue to operate TISCO warehouses in Strongsville, Ohio and Nashville, Tennessee, in addition to SMA’s four existing warehouses. Going forward, all operations for both SMA and TISCO will be fully integrated across all of SMA’s warehouse and office locations. All SMA products, including those under the TISCO brand, can be found online at smalink.com.

About SMA, Inc.
Founded 1964, SMA is a privately-held company owned by the Hurt family of Jonesboro, Arkansas. Serving farm supply retailers throughout the United States, SMA is a leading supplier of farm implement replacement parts and accessories. Customers are supported by a national network of distribution centers and sales offices strategically located in Jonesboro, Arkansas (headquarters); Corsicana, Texas; Des Moines, Iowa and Fresno, California. Along with industry-leading brands, SMA markets products under the AgSmart, StorSmart, PickSmart and IceBin labels. For more information about SMA, visit www.smalink.com.

About Blount International, Inc.
Blount is a global manufacturer and distributor of products for consumers and professionals and operates primarily in two market segments: Forestry, Lawn, and Garden (“FLAG”); and Farm, Ranch, and Agriculture (“FRAG”). Blount also serves the construction market. Blount sells its products in more than 115 countries around the world, marketing under the brand names of Oregon®, Carlton®, Woods®, SpeeCo®, CF®, Wain-roy®, Alitec®, Gannon®, ICS®, and Pentruder®. For more information about Blount, visit www.blount.com.

Media Contacts: Blant Hurt, SMA, 870-910-6341, blant.hurt@smalink.com Dave Gioia, Blount International, 503-653-8881, dave.gioia@blount.com

Source: Blount International, Inc.;SMA, Inc.