4/25/2011
HEADLINES
SHORTTAKES: A-Jax, Mutual Screw, Ohio Rod, Orbitform, PennEngineering, Revstone, 3V, and Tree Island

Robert Devers was promoted from executive vice president to president of A-Jax Co. Inc. and corporate sales manager Bob Boso was named vice president/sales.

Devers was the 2009 president of the Specialty Tools & Fasteners Distributors Association. E-mail: robertdevers@ajaxco.com

Founded in 1973 by David Baker and Mary Anne Baker, A-Jax distributes fasteners and tools for OEM, MRO, construction and marine customers. A-Jax has four branches in Florida and Georgia and is headquartered at 1500 E. 8th St., Jacksonville, FL 32200. Tel: 904 353-4783 or 800 366-2529 E-mail: ajaxco@ajaxco.com Web: ajaxco.com

 

The Egyptian distributorship Arab Establishment for Trade is expanding branches and warehouses, business development director Amr Ali announced.

AET is seeking suppliers to export lag screws and Hex bolts to Egypt.

Founded in 1985, AET is headquartered at 43, El-Sabtia St., Cairo, Egypt. Tel: (2) 02 257 844 50 Fax (2) 02 257 596 03 E-mail: amrshahin@hotmail.com

 

Mutual Screw & Supply, an internet retailer and wholesaler of fasteners and hardware, launched  a new website designed to be easier and quicker to navigate. Web: MutualScrew.com

Mutual averages 96% of orders shipped within 24 hours.

Founded in 1947, Mutual Screw’s sales staff averages 30 years in the fastener industry. The distributor is headquartered at 68 West Passaic St., Rochelle Park, NJ 07662. Tel: 201 845-5700

 

Ohio Rod Products promoted Ryan Detmer to inside sales supervisor and hired Michael Knowlton as inside sales manager.

Detmer began with Ohio Rod as a sales/customer service correspondent in 2003 and helped develop Elgin’s import program. In his new role he will be liaison between ORP’s inside sales correspondents and senior management and retain maintenance of several accounts.

Knowlton has account and sales management experience and knowledge of ERP/MRP systems. He will oversee inside sales activity and coordinate specific account responsibilities.

Ohio Rod manufactures cold-headed and threaded long-length specialty fasteners for durable goods and consumer product industries. Ohio Rod is headquartered at 1415 S. Benham Rd., Versailles, IN 47042 (P.O. Box 416). Tel: 812 689-6565 E-mail: info@ohiorod.com Web: ohiorod.com

Ohio Rod is a division of Elgin Fastener Group. The group includes four domestic manufacturers: Leland Powell Fasteners, Chandler Products, Precision Screw & Bolt and Ohio Rod; an international procurement division – Elgin Fasteners International; and metal finishing company – Best Metal Finishing.

 

Orbitform Group added Hot Upset Riveting to its forming and fastening capabilities, business development manager Sean Cumming announced.

Hot Upset Riveting combines electrical current with pressure and time to compress and expand the forming material or rivet.  Applications include assembly of hardened materials such as automotive door strikers, ball studs and products designed to resist high torque.

Orbitform designs and manufactures riveting machines and forming, fastening and assembly automation equipment. Orbitform is located at 1800 Executive Dr., Jackson, MI 49200. Tel: 517 787-9447 E-mail: sales@orbitform.com Web: orbitform.com

PennEngineering appointed LillyAnna Penn to global product manager for the assembled line of products. Penn will develop short- and long-term strategy for PennEngineering’s multi-component fastener lines, including PEM brand panel fasteners.

Penn previously was strategic accounts marketing manager for Ingersoll Rand.

PennEngineering is the parent company of PennEngineering Automotive Fasteners, 3V Fasteners Company Inc. and QRP Inc.

PennEngineering operates plants in Pennsylvania, North Carolina, Michigan, Ireland and China and is headquartered at 1590 Old Easton Rd., Danboro, PA 18916.  Tel: 215 766-8853 or 800 237-4736 Web: pemnet.com

 

Joseph Gray was named the CEO of automotive components manufacturer Revstone Industries LLC. 

Gray had been CEO of fastener supplier Acument Global Technologies. Gray had held senior executive positions with Textron, including Textron Fastening Systems, which became Acument.

Gray and Revstone CFO Janice Stipp previously worked together as CEO and CFO at Acument. Web: revstone.com

 

Bob Reece is the new president of 3V Fasteners Company Inc., succeeding retiring Daryl VerDoorn, who founded 3V in 1982.

3V manufactures externally threaded aerospace fasteners and was acquired by PennEngineering in 2009.

“Bob’s extensive skill set and experience in the aerospace fastener industry reinforces and further advances our key strategy to build upon and expand our presence within the aerospace marketplace,” PennEngineering CEO Mark Petty said.

Reece had been with Air Industries for 31 years – including AIC president for the past six years overseeing a doubling of sales.

3V is located at 320 Reed Circle, Corona, CA 92879. Tel: 951 734-4391 Web: 3Vfasteners.com

Danboro, PA-based PennEngineering was founded in 1942. PennEngineering is a global supplier of fasteners for electronics and industrial applications and manufactures PEM fasteners, SI inserts, Atlas blind threaded inserts and PEMSERTER automatic and manual fastener installation presses.

 

Tree Island Wire Income Fund, owner of fastener and wire products producer Tree Island Industries Ltd., promoted controller Nancy Davies to CFO and vice president of finance. She succeeds Brian Irving, who resigned.

Davies, a chartered accountant, has been with Tree Island since 2008 after financial positions at Ernst & Young, Placer Dome and CHC Helicopter.

“While we thank Brian for his many contributions and we wish him continued success, we are delighted to have in Nancy a highly capable and experienced financial person,” commented CEO Ted Leja.

Tree Island reported 2010 revenue declined 20% to $132.4 million, but gross profit rose $31.4 million to $6.4 million. Net loss for the year was reduced by $12.1 million to $14.8 million.

Founded in 2002, Tree Island Industries is located at 3933 Boundary Rd., Richmond, BC Canada V6V 1TB. Tel: (Canada) 800 663-0955 (U.S.) 800 663-8757 Fax 604 523-4550 Web: treeisland.com