Optimas Solutions, a global industrial manufacturer/distributor and service provider, has announced two strategic hires expected to help further support the company’s complementary direct manufacturing and distribution business strategy. Jim Heller is the new senior VP of distribution, and Chris Martens is the new vice president of manufacturing for the Americas region. “As a full-service partner,…
Hillman acquires Koch Industries
Hillman Solutions, a provider of hardware products and merchandising solutions, announced that it has acquired Koch Industries, a premier provider and merchandiser of rope and twine, chain and wire rope, and related hardware products. This acquisition marks the entrance into rope and chain, a new product category for Hillman. Hillman plans to seamlessly bring these…
PennEngineering acquires Sherex Fastening Solutions
PennEngineering, a global fastener manufacturer, announced the acquisition of Sherex Fastening Solutions, a U.S. manufacturer of engineered fastener solutions including rivet nuts, tooling, automation, and associated fastening solutions. Headquartered in Buffalo, New York, Sherex is a premier technical provider of blind rivet nuts, with strong application expertise, and production capabilities worldwide. It has achieved an…
BlackHawk continues to expand with new acquisition
BlackHawk Industrial, a distributor of metalworking and other mission-critical industrial products, continues to expand with the recent acquisition of Alro Industrial Supply. With headquarters in Jackson, Michigan, Alro also has locations in Grand Rapids, MI and Clearwater, Florida. Alro Industrial Supply was a subsidiary of Alro Steel Corporation, a respected metals and plastics distributor based…
AFC Industries acquires Chicago Industrial Fasteners
AFC Industries announced that it has acquired Chicago Industrial Fasteners (CIF). Founded in 2003 by John and Cathy Price, CIF specializes in the supply of standard and specialty fasteners for original equipment manufacturers, hardware providers, and material fabricators that operate in various end markets — such as heavy trucking, automotive, agricultural equipment, and wind and…
Great Lakes acquires Frontier Fastener
Great Lakes Fasteners Group has acquired Frontier Fastener of Buffalo, NY, to continue its rapid growth plans serving manufacturers and other customers throughout the Northeast. Frontier Fastener has been a Western New York fastener provider for more than 50 years, serving a wide variety of customers across many segments. Frontier specializes in special fasteners designed…
SC Fastening recognized as one of the fastest growing companies in Northeast Ohio
SC Fastening Systems, an industrial and construction supply distributor, has been selected as one of the Weatherhead 100 fastest-growing companies in Northeast Ohio. For over three decades, the Weatherhead School of Management at Case Western Reserve University has been identifying and honoring the region’s fastest-growing companies through the Weatherhead 100 awards. This distinguished accolade not…
Spectrum Automation acquired by the Huizenga Group
Huizenga Group Automation announced the acquisition of Spectrum Automation Company by its portfolio company, Bulldog Factory Automation. Founded in 1969, Spectrum Automation designs, develops, and manufactures specialty parts feeding and material-handling systems for the fastener, hardware, automotive, aerospace, and medical industries, as well as others. The company is headquartered in Livonia, MI. “Spectrum has been…
TriMas appoints new GM of its Allfast Fastening Systems business
TriMas has announced the appointment of William “Bill” Carrigan to the position of Allfast Fastening Systems‘ GM, effective December 1st, 2023. He will report directly to Vitaliy Rusakov, recently hired as president of TriMas Aerospace. Allfast Fastening Systems is a global manufacturer of solid and blind rivets, blind bolts, temporary fasteners, and installation tools for…
NEFCO acquires FASCO Supply, expanding reach in Texas
NEFCO, a specialty supply partner to the professional construction trades, announced the acquisition of FASCO Supply, a Houston-based specialty construction supply distributor. This strategic move marks NEFCO’s 10th acquisition since 2017, expanding its branch network to 37 locations, including two locations in Texas (Dallas and Houston). FASCO was founded in 1989 by Rick Raines as…