Endries International Inc. recently announced the acquisition of the Viscan Group. Founded in 1992 by Sylvain Baril and headquartered in Joliette, Quebec, Viscan is a supplier of specialized screws, general fasteners, and related components. Viscan offers over 25,000 unique SKUs, including proprietary components, and provides a variety of value-added services, including vendor-managed inventory solutions and…
Simpson Strong-Tie relocating to Tennessee
Simpson Strong-Tie, an expert in engineered structural connectors and building solutions, recently announced it will invest $110 million in a new facility in Gallatin, Tennessee. According to the company, the new location will allow Simpson Strong-Tie to better meet its growing product demand and relocate a portion of its fastener manufacturing operations to Gallatin. “This…
Optimas receives Caterpillar Supplier Excellence award
Optimas China has been awarded the prestigious Caterpillar Supplier Excellence award at their recent annual event in Grapevine, Texas. Optimas, a global manufacturer and distributor of precision-made fasteners and supply chain solutions, has been recognized for its dedication and commitment to Caterpillar. “It was a great honour to receive the award on behalf of Optimas…
TriMas Aerospace Group announces new company president
TriMas announced the appointment of Vitaliy Rusakov as president of TriMas Aerospace, effective November 13, 2023. He will report directly to TriMas president and CEO, Thomas Amato. Rusakov is a proven aerospace industry veteran, with more than 25 years of experience leading global manufacturing businesses in the aerospace, commercial transportation, and related sectors. In his…
Critical facts you should know about fastener failures
~ Article courtesy of Fastener Training Institute (FTI) Mechanical fasteners are far more complex and varied than most people understand. This was according to the late (and great) Joe Greenslade, an icon in the fastener industry. This understanding quickly changes, however, for those who make a career specifying, supplying, or using fasteners. To support those…
Shrieve acquires Gilbert & Jones
Shrieve Chemical Company, a portfolio company of Gemspring Capital, announced that it’s acquired Gilbert & Jones, a premier distributor of industrial chemicals throughout North America. Based in New Britain, Connecticut, Gilbert & Jones delivers a broad product offering to customers across various industries and applications — including aerospace, fasteners, automotive, electronics, and other industries. “The Gilbert…
MF Supply expands its e-commerce capabilities
MF Supply, a supplier of commercial and mil-spec fasteners and hardware, announced a major expansion of its e-commerce capabilities. The company has added nine new categories to its website, catering specifically to the needs of precision manufacturers. These additions encompass a range of products, including: Dowel pins: available in metric and inch sizes, per the…
Fastenal announces multi-year partnership with the NHL
Fastenal Company, a global provider of supply chain solutions and industrial distribution, and the National Hockey League (NHL) have announced a multi-year global partnership extension. The renewed partnership expands Fastenal’s international NHL presence to include presenting sponsorship of all NHL Global Series European games, as well as the NHL’s primetime international broadcast series NHL Saturday…
MPE Partners invests in Mid-States Bolt & Screw Co.
MPE Partners (Morgenthaler Private Equity) announced an investment in Mid-States Bolt & Screw Co. (“the company”), a value-added distributor of fasteners and MRO products serving a diverse range of end markets. MPE’s investment positions Mid-States for accelerated growth while supporting the company as an employer of choice and a strategic partner for its customers. MPE…
NEFCO acquires Edge Construction Supply
NEFCO, a specialty supply partner to the professional construction trades, has completed the acquisition of Edge Construction Supply. Edge is headquartered in Spokane, WA, and has eight additional locations in Washington, Idaho, Oregon, and Montana. This is NEFCO’s ninth acquisition since 2017 and brings the total number of NEFCO locations to 35. “Edge is an…