Fastener Industries has purchased Die Co. Inc., a high-volume and customized manufacturer of spring steel fasteners and metal stampings. The company will be a wholly owned subsidiary of Fastener Industries’ family of employee-owned companies.
This family includes Buckeye Fasteners, Modern Fasteners, Ohio Nut and Bolt, Ohio Nut & Bolt of Canada, Brainard Rivet, Joseph Industries, and Plan-E-Tech Industries.
“Die Co., Inc. is the perfect fit for our Fastener family, from their complimentary line of products, solid financial results, and well-run operations to their culture and positive focus on their employees,” said Bob Perry, CEO with Fastener Industries.
All Die Co. employees will continue in their roles, and the company will operate separately under its current name.
“Die Co. was built on quality products, outstanding customer service, and having a good place to work. Fastener Industries exemplifies those values. The ESOP (Employee Stock Ownership Plan) is an added benefit for our people and the long-term future of Die Co., We are honored to become part of the Fastener Industries family,” saod Mike Hawk, GM and son of founder Donald Hawk.
The Ohio-based Die C. offers customized manufacturing, in-house secondary processes, and service to customers that range from small distributors to Fortune 500 companies.
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Filed Under: Fastener Engineering • Fasteners, Fastener Engineering • Industry news
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