Elgin Fastener Group (EFG) has acquired specialty fastener manufacturer Rockford Fastener. Terms of the deal were not disclosed.
“The combination of Rockford and EFG creates an exciting opportunity for our company, for our customers, and for our shareholders,” said EFG CEO Brian Nadel. “The synergies from this move support our core markets and deepen our reach into key distribution channels.”
EFG emphasized Rockford Fastener’s “ability to rapidly quote fasteners and even begin production within a 24-hour window” for rush jobs.
“Partnering with Rockford emphasizes our focus on distribution and strengthens our core product offering into that channel,” stated Joe Shoemaker, VP of Business Development for EFG.
“My brother Matt and I are excited, for ourselves and our employees, about being part of an organization that will carry Rockford Fastener and the legacy we have all strived to achieve forward,” added Rockford Fastener co-owner Nic Orman.
Founded in 1977 by Bill Orman, Rockford Fastener manufactures standard screws and bolts, Sems, lockwashers, specials, thread forming screws, knurls, collar studs and shoulder screws. Product diameters range from #4 to ½” and lengths up to 5”. Markets served include agriculture, transportation, commercial construction, and general industrial. Web: RockfordFastener.com
The company was honored as the 2014 Manufacturer of the Year by the Rockford Chamber of Commerce in Illinois. Located 90 miles west of Chicago, that city was known a generation ago as “the screw capital of the world” with major manufacturers including Rockford Products, National Lock, Elco and Camcar. The city’s role in the industry is chronicled in the Fastener History section of GlobalFastenerNews.com (see 1988 & 2008 FIN: Rockford’s Role in the Fastener Industry).
Headquartered in Brecksville, OH, EFG is comprised of a network of domestic specialty fastener manufacturers and metal finishers that include: Vegas Fastener Manufacturing, Ohio Rod Products, Leland Powell Fasteners, Chandler Products, Quality Bolt & Screw, Silo Fasteners, Landreth Fastener, Northern Wire, LLC, Telefast Industries, Inc., and Best Metal Finishing. All EFG companies are ISO certified. Web: ElginFasteners.com
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