5/8/2013 1:09:00 AM
HEADLINES
ACQUISITIONS: Shannon Acquires Emerald Steel Processing

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Emerald Steel Processing was sold to Shannon Precision Fasteners LLC. Founded in 2001 by Chuck O’Brien and Linda O’Brien, Emerald provided steel processing for cold heading.

 

O’Brien died in 2007 at age 66 and the company was sold by Linda O’Brien.

He had been president of Ring Screw Works in Madison Heights, MI, before selling the company to Textron Inc. on 1998. Chuck O’Brien was the 1991-92 chairman of the Industrial Fasteners Institute.

Emerald is located at 31650 Stephenson Hwy., Madison Heights, MI 48071. Tel: 248 720-0573. Fax 248 720-0575. Web: emeraldsp.com

 

Shannon Precision Fastener was formed in 2004 and manufactures bolts, cap screws, studs and washers for power trains, chassis parts and seat belts. Shannon has five die progressive cold formers. 

Shannon Precision Fastener is located at 31600 Stephenson Hwy., Madison Heights, MI 48071 Tel: 248 509-9670 Fax 248 589-9674 Web: shannonpf.com

Shannon earlier acquired Detroit Heading LLC and consolidated production to Shannon’s facility. ©2013 GlobalFastenerNews.com

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