AFC Industries has acquired Oregon Bolt Inc. (OBI) for an undisclosed sum.
Founded in 2003, Tigard, OR-based OBI supplies industrial fasteners and electronic hardware specializing in vendor-managed inventory (VMI) and servicing customers in the Pacific Northwest. The company was owned by Ron and Beverly Tiedemann. Web: OregonBolt.com
“We are pleased to have the Oregon Bolt team as part of the AFC family,” stated AFC CEO Kevin Godin. “As part of our expansion strategy in the western U.S., we were looking for a partner in the Oregon market that had an excellent reputation for servicing customers and a solid team. Oregon Bolt checks all those boxes as well as helping to deepen product capabilities within AFC that we expect will contribute to growth in the coming years.”
In mid-January, AFC acquired Askew Industrial Corp.
AFC distributes fasteners and assembly components to OEMs, assembly plants and other users. AFC provides supply chain management, VMI, stock and release programs, right assembly, kitting and private labeling to a range of industries. AFC has facilities in Connecticut, Ohio, Minnesota and Nevada plus Mexico and is headquartered in Fairfield, OH. Web: AFCind.com
AFC acquired four companies in 2021.
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