"It was a natural fit for us to be across the street from Great Dane," McGinnis said Thursday.
Best Bolt Prodcuts is a second generation, family-owned company, said McGinnis who is from the Stylesville area.
Local hardware stores won't have to worry about competition from the new business, he said.
"We're predominantly a commercial business," he said.
Best Bolt has serviced Western Indiana and Eastern Illinois customers for 25 years distributing fasteners, nuts and bolts, he said.
McGinnis said Best Bolt will not immediately bring a large number of jobs to Brazil. The building will be a warehouse set up so only three to four employees will be needed for the onset.
He said eventually he would like to expand it into an office setting as well.
"Our goal is to have a fully functional warehouse with an office staff," he said.
McGinnis said he is glad he can help bring a new business to the Brazil area when so many other businesses are closing down. He said his company had looked into locating in Terre Haute, but ultimately decided on Brazil.