Welcome Die Co.
Monday, March 18, 2024
FOR IMMEDIATE RELEASE
FASTENER INDUSTRIES, INC. PURCHASES DIE CO., INC.
Die Co., Inc., a manufacturer of quality spring steel fasteners and metal stampings, joins The Fastener Industries’ employee-owned family of companies.
Berea, Ohio, USA, March 18, 2024 – Fastener Industries, Inc. welcomes Die Co., Inc. as a wholly owned subsidiary to the Fastener family of employee-owned companies. The employee-owned Fasteners family of companies include Buckeye Fasteners Co., Modern Fasteners Co., Ohio Nut and Bolt Company, Ohio Nut & Bolt of Canada, Ltd., Brainard Rivet Co., Joseph Industries, Inc., and Plan-E-Tech Industries, Inc.
Die Co., Inc. was founded by Donald Hawk in 1963 and has been continuously operated by the Hawk Family for over six decades. All employees from Die Co., Inc. will be retained, and the company will operate separately under the Die Co., Inc. name.
“Die Co., Inc. is the perfect fit for our Fastener family, from their complimentary line of products, solid financial results, and well-run operations to their culture and positive focus on their employees,” comments Bob Perry, CEO, of Fasteners Industries, Inc.
Die Co., Inc., located in Eastlake, Ohio, has a long history of combined high-volume and customized manufacturing of spring steel fasteners and metal stampings, in-house secondary processes, and superior service to customers that range from small distributors to Fortune 500 companies. “Die Co. was built on quality products, outstanding customer service, and having a good place to work. Fastener Industries exemplifies those values. The ESOP (Employee Stock Ownership Plan) is an added benefit for our people and the long-term future of Die Co., We are honored to become part of the Fastener Industries family.” states Mike Hawk, General Manager and son of founder Donald Hawk.
About Fasteners Industries
Fasteners Industries, Inc., the parent company of the group of companies that includes Brainard Rivet Company, Plan-E-Tech Industries, Inc., Joseph Industries, Inc., and Ohio Nut and Bolt of Canada, Ltd. The first in the family was The Ohio Nut and Bolt Co., founded in 1905, which started as a bicycle chain manufacturer, and then moved into the manufacturing of weld screws in 1926. The company later changed its name to Fastener Industries, Inc. The organization became employee-owned in 1980. For more information: https://www.fastenerind.com/ or (440) 243-0034.
Contact: Robert Felber
Felber PR & Marketing
Phone (330) 963-3664
RobFelber@felberpr.com
