Global Fastener News

1993 FIN – Wrought Washer Opens in West

June 15
00:00 2009

FASTENER HISTORY
1993 FIN – Wrought Washer Opens in West

January 28, 1993 FIN – Wrought Washer Mfg. Inc., Milwaukee, Wisconsin, the producer of washers and related flat metal stampings, has opened two stocking warehouses designed to service the Southwest and far west U.S. The Sparks, Nevada warehouse is scheduled to open February 1, 1993, and will service four Wrought representatives: Stark-Bunce, Hardware Representatives, E.T. Sales and Regional Sales. Wrought’s Dallas, Texas warehouse will open March 1, 1993, and will service the customers of Albritton & Groves in Texas and Oklahoma. Both warehouses will stock only domestically produced products. Inventory will include USS, SAE, Fender, thru hardened mil-carb, structural and stainless washers in plain or plated finish. Wrought Washer Mfg., according to FIN’s records, is a 105-year-old privately owned corporation, which was acquired, in early 1986 by a group of investors headed by Edward Pruim – who became president.
In 1986 Wrought Washer acquired the Luebke Corp., Brookfield, Wisconsin, a contract precision machining and allied services company (which was sold in 1991) and in 1988 it acquired Franklin Tool & Mfg. Co., of New Berlin, Wisconsin, a producer of dies, fixtures, special machinery and prototypes. In 1989 Wrought Washer acquired most of the assets of MSL Stamping of Joliet, Illinois, from Cyclops Industries of Oak Brook, Illinois and resumed operations at MSL’s closed down 170,000 sq ft facility in Joliet.
Also in 1989 Wrought Washer began construction of a 105,000 sq ft facility in the Lakeview Corporate Park near Interstate 84 on the Illinois/Wisconsin border and later closedown the MSL facility in Joliet and relocated operations there to the Pleasant Prairie, Wisconsin facility and the Milwaukee facility.
In 1990 Wrought Washer added another company with the acquisition of Applied Press Technology (APT) from Leemar Steel and relocated operations from Ellwood City, Pennsylvania. Today Wrought Washer is headed by Ed Pruim, has about 325 employees, sales of around $40 million annually and processes about 65 million pounds of steel yearly in its 325,000 sq ft of manufacturing facilities. ©1993/2009 Fastener Industry News

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