For Immediate Release 2/8/21
Darragh Company Acquires Morgan Tool & Supply
Little Rock, AR – The Darragh Company (www.darraghcompany.com), a Commercial Construction Supply Company, announced the acquisition of Morgan Tool & Supply (www.morgantoolandsupply.com) in Shreveport, Louisiana effective March 1, 2021. With the acquisition, Darragh will have a total of 13 locations in all its divisions in Arkansas, Texas, Tennessee, and now Louisiana.
Rich Dunlap, Darragh Company CEO commented on the move, “We are so pleased that Morgan Tool & Supply will be joining the Darrah family. Exciting things ahead!” Darragh and Morgan share many of the same product lines and together will have even stronger capabilities to offer the products that construction, industrial and trade professionals depend on in the Shreveport market. Ted Darragh, Darragh Company President said, “Morgan is a leader in their region, and we have a lot to learn from their success.”
“Richard Williford and I decided to go into business together after over 50 years of friendship. Richard saw a need in our community for a supplier that offered excellent customer service and a wealth of knowledge for the commercial construction and industrial communities” commented Jimbo Wilkerson, President of Morgan Tool & Supply. Annette Williford, Vice President of Morgan Tool & Supply said, “We are looking forward to watching Morgan continue to grow under the leadership of Darragh and ultimately build on the legacy created by Richard and Jimbo.”
About Darragh: Darragh is a Commercial Construction Supply Company based in Little Rock, AR. Founded in 1906, the Darragh Company got its start by supplying cement, in wooden kegs, to the building of the Arkansas State Capitol. Darragh has made significant contributions to most of the major construction projects within Arkansas. In 2001, Darragh Company purchased Arkansas Rebar, followed by Tool Central in 2011. In 2019, Darragh launched the ToolCentral.com ecommerce website.
About Morgan Tool and Supply: Founded in 1963, Morgan has a long history of serving the construction, industrial, and oilfield markets. Richard Williford and Jimbo Wilkerson, bought the company in 2007 from its original owners and have grown it into a market leader. Morgan specializes in screws and fasteners, power tools, hand tools, cutting instruments, safety, firestopping, as well as drilling, anchoring, and adhesives.