Ohio
Foundation Investment Partners Completes Acquisition of Spartan Tool Supply in Columbus, Ohio
CHAGRIN FALLS, Ohio, March 11, 2024 /PRNewswire/ — Foundation Investment Partners is pleased to announce the successful acquisition of Spartan Tool Supply, a premier distributor of industrial power tools and equipment based in Columbus, Ohio. Terms of the transaction were not disclosed.
For over 45 years, Spartan Tool Supply has served as a trusted supplier of high-quality commercial tools and equipment to businesses across various industries. With a strong focus on customer service and reliability, Spartan Tool Supply has built enduring relationships with clients throughout Central Ohio.
“We are thrilled to welcome Spartan Tool Supply into the Foundation Investment Partners family,” said David Wood, Managing Member of Foundation Investment Partners. “Spartan’s reputation for providing leading industrial brands and stocking unique, hard-to-find consumables and accessories align perfectly with our dedication to delivering exceptional value to our customers.” FIP plans to leverage its deep experience in the industrial distribution space to create value immediately.
Under the ownership of Foundation Investment Partners, Spartan Tool Supply will continue to operate autonomously, augmenting its existing workforce with industry veteran Derek Elbaor as CEO. The acquisition will provide Spartan with access to new resources and expertise to expand the team, enter new markets and build upon the Company’s success.
“We are excited about the opportunities that lie ahead as part of Foundation Investment Partners,” said Derek Elbaor. “With their support, we are confident that we can further elevate our capabilities and better serve our customers while staying true to the principles that have guided us for decades.”
About Foundation Investment Partners
Foundation Investment Partners is a private equity firm focused on building companies that account for the well-being of our people, recognizing that the cared for and empowered are more likely to outperform. FIP focuses on investing in niche manufacturers, high value-added distributors, outsourced business service providers, and niche software developers with EBITDA levels of $1 million to $10 million. FIP’s operating model focuses on embedding our team with the owners or operators of smaller businesses to provide the support, guidance, and resources necessary to grow the business. For more information, please visit www.foundationpartners.net
Contact:
David Wood
Founder & Managing Member
Foundation Investment Partners
[email protected]
(440) 903-1791
SOURCE Foundation Investment Partners
Ohio
The U.S. Bicentennial in 1976 reignited patriotism damaged by Watergate, Vietnam War
The U.S. Bicentennial in 1976 was a monumental, year-long celebration marking the 200th anniversary of the signing of the Declaration of Independence. Coming in the aftermath of the turbulent 1960s, the political disillusionment of the Watergate scandal and President Richard Nixon’s resignation in 1974, and the capture of Saigon by the North Vietnamese and the end of the Vietnam War in 1975, the Bicentennial served as a crucial moment of national healing.
The festivities culminated on the Fourth of July 1976, with spectacular events staged across the country. The most enduring legacy of the celebration in Columbus is Bicentennial Park, located in the Downtown riverfront area along the Scioto River.
Dedicated on July 4, 1976, this 4.7-acre green space was built to permanently commemorate the nation’s 200th birthday. The park’s initial centerpiece was a massive fountain system featuring four circular pools that could shoot water 60 feet into the air.
From May 22 to June 2, 1975, Columbus served as the 11th official stop for the American Freedom Train. This massive, steam-powered rolling museum carried more than 500 priceless historical artifacts – including copies of the Declaration of Independence and the Constitution – across all 48 contiguous states.
The train was displayed at the Defense Construction Supply Center [DCSC] in Whitehall and drew massive crowds of local families. Columbus held a special distinction during the tour: it was one of only three cities nationwide where the “Splendid Spirit” car was included with the train.
Warren Motts, the founding director of Motts Military Museum in Groveport, traveled with the train for its entire 25,000-mile journey, capturing the official photos that documented this historic event.
Beyond these massive metropolitan events, the true spirit of the Bicentennial thrived at the grassroots level. The American Revolution Bicentennial Administration (ARBA) encouraged local communities to form their own committees, leading to thousands of unique municipal projects.
Towns across the nation hosted local parades, commissioned historical murals, dedicated new parks, and sealed time capsules intended for the tricentennial in 2076.
It also triggered a resurgence of interest in local history and genealogy, as everyday citizens sought to trace their own roots back to the nation’s founding eras.
The civic energy and patriotism generated by the 1976 celebrations also helped pave the way for other major local traditions. Just a few years later, in 1981, Columbus launched its annual Red, White & Boom! celebration, which grew into the largest Independence Day fireworks display in the Midwest—a tradition deeply rooted in the community pride revived during the Bicentennial era.
Get involved in America 250 at your library this year! Visit columbulibrary.org for a full list of America 250 events.
Angela O’Neal is Local History & Genealogy Manager with the Columbus Metropolitan Library.
Ohio
Severe storms bring downed trees, power outages across Northeast Ohio
NORTHEAST OHIO (WOIO) – Thousands are without power Friday after severe weather sweeps across Northeast Ohio counties, creating weather-related damage.
FirstEnergy reports more than 71,000 in Northeast Ohio are without power Friday night.
More than 22,000 are without power in Cuyahoga County.
The utility company reports that more than 700 are without power in Erie County.
Lake County reports over 1,000 outages, and Portage has over 4,000 outages.
Trumbull County is experiencing over 1,000, and Ashtabula reports over 3,000.
Lorain County is experiencing more than 3,000 reported outages, and Geauga County has more than 7,000.
Medina County reported more than 1,000.
Chardon fire crews field wave of storm calls
The Chardon Fire Department shared the calls it responded to concerning storm damage Friday evening.
Fire crews said they responded to a tree in a house at 127 Burlington Oval.
The department said a tree fell on a gas line, causing a gas leak at 408 Charleston Avenue.
Wires were reported down on South Claridon Road, closing State Route 44 near South Street.
Wires were reported down on a house near Irma and South Hambden.
Fire crews said a tree was reported down on a home at 306 North Hambden.
The department also said alarms went off at UH Geauga Hospital.
Downed wires also closed Auburn and Twing roads.
The department said power was out on the south side of Chardon City.
Another tree was reported to have fallen into a house at 109 Burlington Oval, but no injuries were reported.
Fire crews said an incident involving a tree in a house and electric lines was reported at 11396 Aquilla Road, but no injuries were reported.
Fallen tree takes out power line in Independence
The city of Independence said a downed tree took out a live power line on lower Stone Road.
The city asked the public to avoid the area because of the danger posed by live wires.
The city said FirstEnergy had been notified and both police and firefighters were on scene.
Downed wires prompt closures across Hambden
The Hambden Fire Department said Friday night it was dealing with multiple storm-related incidents.
Crews said Claridon Troy Road was closed between Route 608 and Chardon Windsor Road because of downed poles and wires.
Kenny Drive was closed south of Leaders Mobile Home Park because of downed wires across the road, according to fire crews.
Multiple wires were reported down on Route 6 near Cutts and Grant Street along the north side of the road.
The department said the public should use caution in areas with downed wires and poles and should not attempt to move any of the wires.
Anyone with an electrical emergency or who encounters downed wires is asked to call 9-1-1.
Hambden Fire said people should not call 9-1-1 to report an outage.
The department said FirstEnergy is aware of these issues and is working to fix them.
Check FirstEnergy’s, AEP’s, and Cleveland Public Power’s websites for the latest outage numbers.
These outages come after severe thunderstorm warnings were issued for multiple Northeast Ohio counties this evening and were extended until 10:45 p.m.
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Ohio
Where and when to see fireworks in Central Ohio
COLUMBUS, Ohio (WSYX) — Friday, July 3
Downtown Columbus: Billed as the Midwest’s largest fireworks show, Red, White & BOOM! takes place along the Scioto Mile. The fireworks show starts at 10:00 p.m. More information can be found on the event’s website.
Bexley: Festivities at Capital University begin at 6:00 p.m., with a fireworks display starting at 10:00 p.m.
Buckeye Lake: The Buckeye Lake Area Star Spangled Tradition (BLASST) fireworks display will take place at approximately 10:00 p.m. The primary viewing area is at Fairfield Beach, Lake Shore Drive NE, Thornville.
Canal Winchester: First Friday at Loose Rail Brewing will feature a fireworks show at approximately 9:00 p.m. The brewery will also show Red, White & BOOM! on big screens.
Gahanna: Activities start at 5:00 p.m. at the Gahanna Municipal Golf Course and the fireworks show is at 10:00 p.m.
Newark: Central Ohio Technical College and Ohio State Newark campus will host festivities with live music and food trucks at the Martha Grace Reese Amphitheatre, culminating with a fireworks display at dusk (approximately 10:00 p.m.).
Pickerington: The city’s fireworks show starts at 10:00 p.m.
Reynoldsburg: Festivities begin at 6:00 p.m. at Civic Park, with fireworks starting at 9:45 p.m.
Saturday, July 4
Chillicothe: Fireworks are scheduled to begin at approximately 9:45 PM from the Yoctangee Park Annex.
Circleville: AMVETS Post 2256 will host food trucks, live music, and a fireworks display after dark.
Clintonville: Whetstone Park of Roses hosts a live music event followed by fireworks at 9:45 p.m.
Delaware: Fireworks will launch from the city’s Cherry Street property at 10:00 p.m.
Dublin: Independence Day Celebration activities wrap up with fireworks at 9:50 p.m. at Dublin Coffman High School.
Grove City: Fireworks will launch from Murfin Fields at 9:45 p.m.
Hilliard: Freedom Fest takes place at Roger Reynolds Municipal Park with fireworks starting around 9:45 p.m.
Lancaster: A full day of celebrations culminates with fireworks at dusk at the Fairfield County Fairgrounds.
Marysville: Fireworks at approximately 9:00 p.m. at the Union County Fairgrounds.
New Albany: The July 4th Festival ends with fireworks at 10:00 p.m. at New Albany High School.
Upper Arlington: The annual Party in the Park begins at 5:00 p.m. at Northam Park, followed by fireworks at 10:00 p.m.
Westerville: Evening festivities and food trucks can be found at the Westerville Sports Complex until the fireworks show begins at 10:00 p.m.
Worthington: The city’s celebration concludes with fireworks launched from Thomas Worthington High School at 10:00 p.m.
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