ACQUISITION: Timberline Acquires Kemper

Jason Sandefur

Two Colorado-based fastener distributors have joined together with the acquisition of Kemper Products Inc. by RL Industries, Inc., dba Timberline Fasteners, president Russ Doran announced.
Randall Kemp, president of Kemper Products, becomes an RL shareholder and vice president of sales.
“This is a very exciting announcement and a tremendous opportunity as we join forces with capable and highly regarded fastener experts who have developed an exceptional reputation in our market serving OEM and industrial customers,” Doran commented. “Randy Kemp and the entire team at Kemper Products bring relationships, expertise and, most importantly, a shared strategic vision for growing our business.”
Kemp noted that “Kemper Products has been successful focusing on application and consultant selling, technical expertise and problem solving. Combining our experience with Timberline Fastener”s operational excellence and competitive sourcing, we will be very successful supporting our existing customers and expanding our business.”
Under the agreement, RL Industries acquired substantially all of the assets of Kemper Products including the trade names, in a transaction structured as an asset purchase.
Randy Kemp and Teresa Kemp formed Kemper Products in 1990, concentrating on the OEM market. The company focused on providing proprietary fastening systems manufacturers, including Huck Manufacturing (now Alcoa Fastening Systems), Avdel and Camcar (now Acument Global Technologies), AVK Industrial Products, Marson, Gesipa and Bollhoff Rivnut.
Kemper Products is currently located in Broomfield, CO, and will be integrated into the Timberline facility over the next 90 days.
Founded in 1923 as A&I Bolt and Nut, the company was renamed Timberline in 2000. Doran had managed Timberline for 14 years when he acquired it from the McCallin family in 2007. Doran is only the third owner of Timberline. The R.J. Kremer family sold A&I to the McCallin family in 1985. Timberline Fasteners had been one of four operating entities of Timberline Industries. Today Timberline has 60 employees and warehouses in Pueblo, CO, and Wisconsin and sales offices in Grand Junction, CO, and Salt Lake City. Timberline is headquartered at an 80,000 sq ft warehouse at 6195 Clermont St., Commerce City, CO 80022. Tel: 303 287-5555 or 800 421-0886 Fax: 303 287-8262 E-mail: rdoran@etimberline.com Web: timberlinefasteners.co �2008 FastenerNews.com