11/21/2013 12:30:00 PM
NEWS BRIEFS
Indy Supplier Buys Westport Manufacturer
Nail manufacturer ECS Fasteners LLC in Westport, IN, was acquired by Indianapolis-based Hahn Systems LLC for an undisclosed sum.
Hanh Systems says it “intends to maintain employment levels and operations in Decatur County and fold the ECS product line into its Fuzion Fasteners brand.”
In February, Hahn announced expansion plans for its Southeastern Supply Co. division in Indianapolis, which included the creation of 20 jobs.
“ECS is one of only a handful of domestic manufacturers of machine grade bulk nails to supply the wood pallet industry,” Hahn Systems stated in a press release. “The company has an excellent reputation for quality and on time delivery to major wood pallet manufactures throughout the United States.”
Hahn Systems said acquiring ECS Fasteners will allow for substantial additional capital investment in “technologically advanced nail making machinery,” with a goal of tripling sales within the next 24 months.
Hahn Systems, which currently employs over 70 full-time employees, has already begun the process of acquiring additional equipment to build capacity and will be hiring additional sales, customer service and delivery associates.
Founded in 1938, Hahn Systems distributes construction and industrial materials, including tools, nails, staples, abrasives and MRO supplies. Operating five facilities in Indiana as well as facilities in Kentucky and Michigan, Hahn Systems supplies tools and materials to wood-based manufacturers, residential contractors and commercial contractors across the Midwest. Web: hahnsystems.com
ECS Fasteners is headquartered at 107 W Underwood Dr., Westport, IN 47283-9721. Tel: 812 591-6040 ©2013 GlobalFastenerNews.com
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