What Next Industries does

Next Industries is a privately held industrial distribution company headquartered in Shelby Charter Township, Michigan, founded in 1982 and operating with 101-250 employees. The company serves automotive and aerospace manufacturers in the U.S. Midwest, primarily across Michigan and Kentucky, through a dual product-and-service platform. Its core offering consists of two pillars: (1) a comprehensive catalog of Maintenance, Repair, and Operations (MRO) products spanning cutting tools, indexable cutting tools, tool holding, workholding, metrology, abrasives, hand and power tools, safety equipment, fasteners, chemicals, adhesives, facility maintenance, janitorial, material handling, electrical, and welding supplies; and (2) CNC machine tool distribution as an authorized partner for premium machinery brands including Kitamura, Hyundai Wia, Eurotech, and Starrag, covering CNC lathes, mills, and 5-axis / 6-axis machining centers.

The company's service layer extends beyond pure product distribution into Vendor Managed Inventory (VMI) vending solutions, tool crib management, point-of-use scanning, equipment refurbishment, and turn-key solutions that integrate equipment, tooling, and services for specific manufacturing applications. Distribution partnerships also extend to cutting tool manufacturers CERATIZIT and Seco Tools, and hand/power tool brands Milwaukee Tool and Channellock. Operationally, Next Industries runs a traditional B2B industrial distribution model: direct sales targeting enterprise buyers, quote-based pricing via an RFQ system with 24-48 hour response times, and no public pricing or self-service e-commerce checkout. Customer inquiries are handled by phone (586-803-3163) and a dedicated CustomerCare email channel. There is no evidence of public listing, venture or private equity backing, recent M&A, leadership changes, or funding activity in the available data.

Name

Next Industries

Legal name

Next Industries

Website

https://nextind.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

101–250 employees

Short description

Next Industries is a privately held Michigan-based industrial distributor serving automotive and aerospace manufacturers with MRO supplies, CNC machine tools (Kitamura, Hyundai Wia, Eurotech, Starrag), and value-added services including vendor managed inventory and tool crib management.

Ownership category

akta.pro rank

Product category

Industrial Distribution & MRO Supply

NAICS

Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)

SIC

Wholesale-Industrial Machinery & Equipment (5084), Wholesale-Machinery, Equipment & Supplies (5080)

akta.pro primary industry

Workshop Tools, Equipment & Lift Systems Distribution (TLAKAOAM)

akta.pro secondary industries

Workshop Services & Support (Tool Calibration/Repair, Equipment Installation/Maintenance, Training) (TLAKAOAN), Maintenance, service & repair (MSR) parts distribution (filters, belts, hoses, wipers, fluids) (CRAOANAB), Parts Distribution & Spares Management (Aftermarket) (IMABALAK)

Keywords

• Industrial distribution services
• MRO product supply
• CNC machine tools
• Tool crib management
• Managed inventory solutions

Headquarters

HQ city

Shelby

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Distribution channels1 record

Core offering

Next Industries is an industrial distribution company that resells a broad catalog of Maintenance, Repair, and Operations (MRO) products — including cutting tools, workholding, tool holding, metrology, abrasives, hand and power tools, safety, fasteners, chemicals, and facility maintenance supplies — alongside CNC machine tools from brands such as Kitamura, Hyundai Wia, Eurotech, and Starrag. The company complements this product distribution with managed services: vendor managed inventory (VMI) vending, tool crib management, point-of-use scanning, equipment refurbishment, and turn-key manufacturing solutions for industrial customers in automotive and aerospace.

Product overview

Next Industries is an industrial distribution company and CNC machine solutions provider offering a comprehensive portfolio of MRO (Maintenance, Repair, and Operations) products and CNC machine tools. The core offering consists of two main pillars: (1) an extensive catalog of industrial supplies including cutting tools, indexable cutting tools, tool holding, workholding equipment, metrology instruments, abrasives, machinery (CNC lathes, mills, machining centers), hand tools, power tools, safety equipment, fasteners, chemicals, and facility maintenance products; and (2) CNC machine tool solutions featuring brands like Kitamura, Hyundai Wia, Eurotech, and Starrag. Beyond product distribution, the company offers integrated services including Vendor Managed Inventory (VMI) vending solutions, Tool Crib Management, Point of Use Scanning, equipment refurbishment, and Turn-Key Solutions for manufacturing operations. The company serves industrial customers from its Michigan-based operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial MRO Products Catalog Comprehensive catalog of Maintenance, Repair, and Operations (MRO) products — including cutting tools, hand tools, power tools, safety equipment, fasteners, abrasives, chemicals, workholding, metrology, tool holding, and facility maintenance supplies — for industrial manufacturing and facility maintenance customers.
• CNC Machines and Solutions CNC machine tools including CNC Lathes, CNC Turning Centers, CNC Mills, 5-Axis and 6-Axis Machining Centers, Horizontal and Vertical Machining Centers, and Double Column Machining Centers, sold to industrial manufacturers.
• Tool Crib Management Solutions Managed inventory services for industrial tools and supplies, providing on-site inventory management and replenishment for manufacturing customers.
• Vendor Managed Inventory (VMI) Vending Solutions Automated vending machine solutions that enable 24/7 access to industrial tools and supplies at customer sites, supporting vendor-managed inventory programs.
• Point of Use Scanning Scan-based inventory management system that tracks tool and supply usage at the point of consumption for industrial customers.
• Refurbished Equipment Services Refurbishment services for industrial equipment and machine tools provided to manufacturing customers.
• Turn-Key Solutions Complete industrial solutions integrating equipment, tools, and services for specific manufacturing applications, delivered as bundled turn-key projects.
• Kitamura CNC Machining Centers 5-axis and multi-axis CNC machining centers from Kitamura Machinery USA, distributed by Next Industries as an authorized distributor.
• Hyundai Wia CNC Machines CNC lathes, machining centers, and machine tools from Hyundai Wia, distributed by Next Industries as an authorized distributor.
• Eurotech CNC Machines CNC machine tools and turning centers from Eurotech, distributed by Next Industries.
• Starrag CNC Machining Centers High-precision CNC machining centers and productivity systems from Starrag USA Inc., distributed by Next Industries as an authorized partner.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• KitamuracoreChannel Partner/ Reseller/ DistributorKitamura machining centers distributed by Next Industries as part of machine tools portfolio. Kitamura is a manufacturer of precision CNC machining centers.
• Hyundai WiacoreChannel Partner/ Reseller/ DistributorHyundai Wia CNC machines and machining centers distributed through Next Industries as authorized distributor.
• EurotechcoreChannel Partner/ Reseller/ DistributorEurotech machine tools represented and distributed by Next Industries in the Midwest region.
• StarragcoreChannel Partner/ Reseller/ DistributorStarrag precision machining centers distributed by Next Industries as authorized partner.
• Milwaukee ToolminorChannel Partner/ Reseller/ DistributorAuthorized distributor of Milwaukee power tools and accessories.
• ChannellockminorChannel Partner/ Reseller/ DistributorUSA-made hand tools (pliers, cutters, strippers) distributed by Next Industries.
• CERATIZITcoreChannel Partner/ Reseller/ DistributorCERATIZIT indexable cutting tools including countersinks, inserts, and milling products distributed by Next Industries.
• Seco ToolscoreChannel Partner/ Reseller/ DistributorSeco Tools pilot drills and cutting tool solutions distributed through Next Industries.

Recent moves5 records

Expansion highlights4 records

Direct peers

• Methods Machine Tools: US CNC machine tool distributor representing multiple premium brands and offering tooling, automation, and integration services. Closest match to Next Industries' CNC machine tool distribution and turn-key solutions business.
• Bossard Group: Global industrial fastener and MRO distributor with smart factory logistics and vendor-managed inventory services. Comparable product category overlap (fasteners, MRO) and similar service-oriented approach to customer inventory management.
• Fastenal: Industrial supplies and fasteners distributor with a strong vending/inventory-management service business. Closely mirrors Next Industries' combination of MRO distribution and on-site managed inventory services.
• McMaster-Carr: Industrial supplies catalog retailer with a deep assortment of MRO, cutting tools, workholding, and shop supplies. Comparable product mix to Next Industries' MRO catalog, though primarily a direct/e-commerce model without CNC machinery.
• Applied Industrial Technologies: Industrial distributor focused on bearings, power transmission, fluid power, and MRO products across the US Midwest and nationally. Comparable business model of MRO distribution plus value-added services.
• Motion Industries: Industrial parts distributor (bearings, power transmission, fluid power, MRO) operating across the US and Canada. Same fundamental distribution-plus-services model as Next Industries with strong Midwest overlap.
• Productivity Inc: Authorized distributor of CNC machine tools and metalworking equipment in the US Midwest with applications engineering and turnkey integration services. Direct comparable to Next Industries' machine tool distribution model.

Broad incumbents

• Grainger (W.W. Grainger): Largest US industrial supplies distributor serving maintenance, repair, and operations buyers across all industries. Overlaps with Next Industries' MRO catalog and services (including vending/VMI), but at significantly broader scale and geographic reach.
• MSC Industrial Direct: One of the largest US industrial MRO distributors with a broad metalworking and cutting tool catalog. Directly comparable product overlap with Next Industries' MRO and cutting tool offering, though MSC operates nationally and at much larger scale.

Others

• Kennametal: Manufacturer of metal-cutting tools (including indexable tooling) sold through industrial distribution channels like Next Industries. Not a direct competitor but a principal supplier whose products Next Industries distributes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/industriesnext

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Next Industries