Threaded Fasteners, Inc. of Alabama acquired RTC Threads – the former Ruja Tooling Corp. – of Indiana.
RTC was founded in 1971 by Jack Pease. Today the U.S. manufacturer of planetary threading equipment is operated by his son, Rick Pease.
FTI president Billy Duren noted he has gotten “to know Rick during this time and I was not only immediately impressed with the quality of the machines that he designed, but most importantly the quality of his character. I had heard of RTC, but I really didn’t know much about their operation.”
Duren added that he talked with several people who have had a RTC Planetary machine. “One owner described the machine as a ‘beast,’ and another stated that it was a ‘work horse.’”
Rick Pease said he has “always had this mechanical piece to me, so I’m looking forward to having the time to develop new machines. There’s a sense of satisfaction when you build a complete machine and then see the end product.”
Duren said he found RTC “a good cultural fit,” which would give Pease “an opportunity to grow what he loves, building machines.”
RTC Eagle machines have developed a durability reputation as the “forever machine,” with bending and automated bar shears options.
Rick Pease recalled that “when my dad started this business, he was all about American made products, he wanted to build a machine in America using American Made materials, we are proud to design, engineer, and build these machines in the US.”
Longtime RTC associate Chuck Wilcoxson will continue with the company. Web: RTCthread.co
Founded in 1979, Threaded Fasteners has been employee-owned since 2006. TFI is a manufacturer providing custom packaging and distribution of steel fasteners. TFI has 11 locations in five southeastern states and stocks 42 million parts totaling $7 million. Web: ThreadedFasteners.com
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