Marc Strandquist — a 37-year industry veteran with Wurth Industry North America, Optimas Solutions and Martin Inc. — passed away on Aug. 31.
Latest In Fasteners
The new branch in Olathe, MO is the distributor's 11th overall.
It boosts the MROP supplies distributor’s Midwest footprint as its sixth acquisition in five years.
The distributor frequently cited adverse weather in its 1Q report, while poor demand remains the core issue as pricing has stabilized.
In 2023, Fastenal achieved workplace safety results and launched a large-scale plastic recycling program.
Diploma adds Peerless Aerospace Fastener, which extends and complements its position in the aerospace fastener market.
Alabama-based fasteners distributor and manufacturer Birmingham Fastener will expand out of the U.S. for the first time with a new subsidiary.
It follows the news that the distributor is selling its wholesale hardware unit to House-Hassan.
Endries will combine its distribution network with PennEngineering’s portfolio of brands to broaden its fastening offering.
It enables the secure transmission of intellectual property to different locations, ensuring quality assurance and controlled distribution.
CNC components maker Genesys gains a manufacturer of threaded and flanged aluminum pipe fittings and hardware.
In Die Co., distributor group Fasteners Industries Inc. gains a manufacturer of spring steel fasteners and metal stampings.
The fast-growing distributor in the U.S. upper midwest said the 100,000-square-foot facility will enable it to better serve customers.
Effective in May, Mike Shumard will become President of tool, fastener and concrete accessory distributor cooperative Sphere 1.
It marks AFC's first deal of 2024 after it made seven acquisitions in 2023.
K2 is a distributor of stainless steel and other corrosion resistant fasteners for industrial purposes and has five branches in Canada.
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
The co-op and hardware distributor will create a combined entity serving DIY entrepreneurs, contractors and distributors in the U.S. Midwest.
It marks the OEM fasteners distributor's 12th acquisition since 2018 and the fifth since 2022.
In 2023, the distributor paid down $160 million of debt and reduced inventory by $100 million while maintaining fill rates above 94%.
