Elgin Fastener Group, LLC (EFG) announced it has completed the acquisition of Telefast Industries, Inc., of Berea, Ohio.
Jeff Liter, EFG CEO, commented, “Telefast is a natural fit for our acquisition strategy as they expand our manufacturing capabilities to include the cold heading of internally threaded fasteners. The addition of Telefast also offers us cross selling opportunities with customers who buy from both Telefast and our other plants. In turn, EFG is committed to growing the Telefast operation by expanding both their sales reach and their capabilities.”
Founded in 1986, (…)
