Jason Sandefur Anixter International Inc. acquired wire and cable distributor IMS Inc. for $28.5 million cash. Manchester, CT-based IMS reported 2005 sales of $36 million, primarily in the northeastern and
June 02
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2006
ACQUISITION: Reed Acquires Waterbury Jason Sandefur Reed Machinery Inc. acquired Waterbury Headers, adding to Reed”s product line, president Jim Flanagan announced. Worchester, MA-based Reed manufactures two- and three-die cylindrical thread
June 02
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2006
ACQUISITION: Watermill / Vertex Acquires Allmetric Jason Sandefur Watermill Group completed the purchase of Houston-based Allmetric Fasteners Inc.\ Allmetric is the first add-on purchase for Watermill since its acquisition of
June 02
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2006
ACQUISITION: TFS Sells Rockford Plant To MNP Affiliate Jason Sandefur Textron Fastening Systems sold one of its fastener plants in Rockford, IL, to MNP Precision Parts, an affiliate of fastener
June 02
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2006
Jason Sandefur Textron Inc. signed an agreement to sell Textron Fastening Systems to private equity firm Platinum Equity for $630 million in cash plus assumed liabilities.\Cash proceeds after taxes and...
June 02
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2006
R&B Changes Name To Dorman Products Jason Sandefur R&B Inc. is changing its name to Dorman Products Inc. “The change from R&B Inc. to Dorman Products Inc. will present a
June 02
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2006
John Wolz Harry Branson, 79, died May 17, 2006, in Indianapolis. He was the founder and chairman of Threaded Rod Co. He retired as CEO in 2002 and was succeeded
June 02
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2006
Osterman Retires from Chicago Rivet John Wolz Longtime COO John Osterman, 54, retired from Chicago Rivet & Machine Co., the company announced. Osterman had announced his intention to retire back
June 02
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2006
Sebastian, Banas Head SMI Jason Sandefur Dan Sebastian will continue as the president of the Spring Manufacturers Institute and Reb
June 02
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2006
John Wolz The former Chicago Bolt, Nut & Screw Association will conduct a meeting in Minneapolis on September 21, 2006....
June 02
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2006
Suzanne Scales The American Association for Laboratory Accreditation (A2LA) recently announced accreditations for testing fasteners: “A Agrati SPA of Milano,...
June 02
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2006
A2LA Accreditations Jason Sandefur The American Association for Laboratory Accreditation (A2LA) recently announced accreditations for testing fasteners: American Axle &
June 01
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2006
Huyett Names Kelly, Andrews, Burmaster & Smith John Wolz G.L Huyett promoted James Kelly to COO and Debra Andrews succeeds
June 01
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2006
Jason Sandefur China exports of steel and copper fasteners climbed 29% to 167,949 tons during April 2006, while the value...
May 31
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2006
Jason Sandefur R&B Inc. is changing its name to Dorman Products Inc. “The change from R&B, Inc. to Dorman Products,...
May 31
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2006
Jason Sandefur W.W. Grainger Inc. significantly expanded its fastener offerings in 2005, undertaking what Purchasing magazine described as the biggest...
May 31
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2006
FIN Stock Review Hagan’s Top 10 Fastener Acquisitions of 2005 Richard Hagen By Richard P. Hagan, Pinnacle Capital Corp. (Arranged
May 31
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2006
May 31
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2006
Jason Sandefur Textron Inc. decided to sell its fastener division, Textron Fastening Systems, plagued by mounting losses from a slumping...
