10/11/2013 1:57:00 AM
HEADLINES
ACQUISITION: Southwest Fastener Acquires Albuquerque’s Bolt Company
Arizona’s Southwest Fastener has agreed to acquire The Bolt Company of New Mexico.
The Bolt Company was founded in 2009 by John Barnhill and Mike Grandjean.
Southwest president Ken Lubbering cited Bolt Company employees as key to the acquisition.
“The part that interested Southwest Fastener the most was not the tangible assets; it was the employees that will be coming with the acquisition.”
Southwest will gain four employees with 50+ years of fastener experience.
Bolt Company customers will be able to call the same person at the same number, Lubbering noted.
Bolt Company employees, inventory and manufacturing will move to Southwest’s Albuquerque location: 3300 Princeton North East #S-26, Albuquerque, NM 87107. Tel: 505 503-1650
Barnhill, co-founder and manager, said the “New Mexico market will definitely have a new and powerful fastener company able to provide great service, competitive pricing and expertise.
Lee Truett handles inside sales and purchasing; Dean Johnson shipping and manufacturing; and Frank Dales, outside sales and order compliance.
The Bolt Company supplies fasteners for the construction, mechanical, manufacturing and solar industries in the Albuquerque and Clovis areas. The company manufactures anchor bolts and studs.
Southwest Fastener supplies fasteners for construction, solar, waterworks, industrial maintenance and pre-fab industries. Southwest products include abrasives, anchors, cutting tools, gaskets & bolt kits, Lindapter connections, paints & lubricants, solar and structural fasteners, strut, fittings and supports. Southwest has four locations and is headquartered at 242 E. University Dr., Phoenix, AZ 85001. Tel: 602 272-2658 or 800 356-8265 Email: sales@swfastener.com Web: swfastener.com ©2013 GlobalFastenerNews.com
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