Portland, Oregon-based anchor bolt and custom fastener manufacturer Portland Bolt & Manufacturing Co. acquired the South Carolina manufacturing and galvanizing operations of Southern Anchor Bolt Co.
The acquisition complements Portland Bolt’s strategy to expand its U.S.-based manufacturing footprint into the East. The combined company will offer an increased selection of made-to-order galvanized or plain anchor bolts, rods, studs and other manufactured and distributed products. Together, the footprint will allow the companies to reach all of its US customers within two business days, company officials said in a June 3 news release.
“Portland Bolt has a significant customer base on the East Coast, and this acquisition strengthens our ability to provide the best customer service and delivery to new and existing customers,” CEO of Portland Bolt Blake Ray said.
Leslie Yanizeski, President of Southern Anchor Bolt, will continue to manage the daily operations.
“The opportunity for our employees and the additional product offerings and locations for our customers will have a positive impact, enabling continual growth coast-to-coast,” Yanizeski said.
Portland Bolt’s Growth
In April, Portland Bolt began construction on its 47,000-square-foot expansion of manufacturing and warehouse space.
The addition will result in a total of 141,000-square-feet of space, nine dock doors and an acre of outdoor storage. This will coincide with the addition of new products and manufacturing capabilities, company officials said on their website.
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