PRESS RELEASE
St. Louis, Oct. 21, 2014 – Lindstrom, a Harbour Group company, acquired the assets of Titan Fastener Products, Inc., Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today. Terms of the transaction were not disclosed.
Titan Fasteners provides over 45,000 different packaged products to its fastener and industrial distributor customers from its headquarters in Brunswick, Ga. and additional facilities in Chicago, Ill.
“We view Titan as the premier master distributor of packaged fasteners, specialty and hard-to-find fasteners, and other related products,” Mr. Fox said. “Titan Fasteners is a unique company with a strong market presence, and the Titan team is respected as one of the best in the industry.
Their service levels are terrific, particularly given their focus on lower volume, non-commodity SKUs. The combination with Lindstrom brings tremendous value to distributors. The extensive product lines of both businesses combined with their strong culture of customer service will further improve their ability to serve their customers.”(…)
via PE HUB » Harbour Group’s Lindstrom buys Titan Fastener assets.