Owings Mills, Maryland, September 3, 2024 - TIPCO Technologies ("TIPCO") and Charter Industrial Supply ("Charter") are proud to announce their new partnership. Charter Industrial Supply will continue to operate under the leadership of Dan and Dave Scordato, sharing a unified vision of growth through people, partnerships, and innovation.

Since its founding in 2000, Charter Industrial Supply has established a solid reputation for reliable performance, quality service, and a steadfast commitment to customer satisfaction. With an impressive inventory of over 30,000 products and an innovative custom inventory system that ensures in-stock availability, Charter has become the go-to supplier for OEM and MRO customers throughout the US. Their dedication to excellence extends beyond just supplying parts; they take pride in fostering strong, long-term customer relationships built on trust and integrity.

Dan Scordato expressed his enthusiasm about the partnership, stating, "We are thrilled to join the TIPCO family, a partnership that aligns perfectly with our core values of reliability, service quality, and commitment to customer satisfaction. TIPCO's innovative approaches, expansive industry expertise, and dedication to excellence attracted us to this opportunity. Together, we are excited to enhance our capabilities and deliver even greater value to our customers."

Rob Lyons, CEO of Commercial Business, echoed this excitement, stating, "TIPCO Technologies is thrilled to welcome Charter Industrial Supply to our team of people and partnerships. Dan, Dave, and the rest of the Scordato family hold a unique position in America's infrastructure industry, and we look forward to fueling their entrepreneurial spirit."

The partnership between TIPCO Technologies and Charter will expand TIPCO's footprint to 34 locations across 16 states. This strategic initiative significantly enhances TIPCO's presence in the dynamic California market, further cementing its leadership in the region.