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|Acquirer Name:||Fastener Industries, Inc.|
|Address:||One Berea Commons Suite 208|
|Berea, OH 44017-2534|
|Contact:||Pat Finnegan, President & CEO|
|Type of Business:||Manufacturer or Distributor|
|Transaction Size:||Up to $20,000,000|
Target Acquisition: We are looking for a manufacturer or distributor of fasteners or a related industry. The company should be profitable and have management in place. For a manufacturer, in order of preference, we would be interested in;
Industrial Codes (SIC)
Industries, Inc. (FII) came into existence as The Ohio Nut &
Bolt Co. in 1905. FII owns two plants and one warehouse, all
in the Cleveland area. The two plants contain cold headers, punch
presses, drillers, tappers, rollers, and welders. In addition,
it rents warehouse space in Chicago, LA, Toronto, and Atlanta.
FII has a history of successful acquisitions. In 1987, we acquired Joseph Industries, Inc., a distributor of lift truck replacement parts. Later, in 1998, FII acquired the Brainard Rivet Co. Brainard is a cold header shop which manufactures rivets and clevis pins, and is located in the Youngstown area.