Global Fastener News

2007 FIN – John Hassall Forms Alliance With Indux in Mexico

November 19
00:00 2007

FASTENER HISTORY
2007 FIN – John Hassall Forms Alliance With Indux in Mexico

John Wolz

John Hassall Inc. and Indux S.A. de C.V. signed a strategic alliance agreement combining certain manufacturing, sales and marketing for the two cold-formed fasteners and specialty parts manufacturers. 

New York-based Hassall and Mexico City-based Indux will share technology. Both use similar lean/Six Sigma quality systems and manufacturing methods. JHI’s North American sales organization will pursue growth in commercial and aerospace sectors. 

The alliance allows JHI to expand the growing aerospace specialty fastener business at its Westbury, NY, plant. JHI supplies critical parts to aerospace engine manufacturers and is expanding into the aerospace airframe market under a licensing agreement with Phillips Mortorq. 

Expanding the U.S.-based manufacturing capacity as many military and aerospace contracts call for certain critical parts to be manufactured domestically. 

Manufacturing of certain fasteners and parts for commercial applications will be transitioned to Indux’s plants in Mexico. The long-term benefits include “Mexico’s favorable labor market and the impact of the North American Free Trade Agreement (NAFTA).” 

“Given the rapid changes in the global fastener industry, it made strategic sense for JHI and Indux to combine our talents and resources to become more nimble and cost competitive,” according to JHI executive vice president Bill Boak. “This strategic alliance not only benefits our customers, it also benefits our employees by creating new job opportunities and by enhancing the utilization of existing personnel, plant and equipment.” 

Indux general manager Reiner Martens explained that partnering with JHI “takes us to the next level in terms of custom manufacturing capabilities. The manufacturing technologies employed by both companies are highly complementary, so customers will experience consistent product quality as well as reliable, on-time delivery.” 

Martens added that Indux has the capability to work in larger shank diameters of up to .625″, which gives JHI’s sales network “entrée to new applications within the automotive, heavy duty transportation and construction industries. Also since Indux has a well-established distribution network throughout Mexico, it provides a strong foundation for the JHI/Indux alliance to provide enhanced customer service throughout Mexico.” 

Long Island, NY-based John Hassall manufactures specialty components, pins, rivets and threaded fasteners for the aerospace, commercial / industrial and consumer applications. John Hassall also sources fasteners through partnerships in Asia and Mexico. Web: hassall.com 

Indux manufactures fasteners and cold-formed parts, including blind rivets, rivets, threaded fasteners, drive-pin rivets, eyelets, hooks, setting machinery and setting tools for commercial, industrial and consumer applications. Indux has plants in Mexico City and Queretaro. Web: indux.com.mx ©2007 GlobalFastenerNews.com

Related Stories:

• ‘Spirit of St. Louis’ Rivet Maker Declares Bankruptcy

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Only registered users can comment.

Register for our Mailing List

Sign up now to receive valuable weekly news about the fastener companies, people, and trends impacting the industry. REGISTER NOW
error: Content is protected !!