1986 FIN – Alloy & Stainless Enters Fastener Manufacturing Field
September 19, 1986 FIN – Alloy & Stainless, Inc., has finalized the purchase of stud bolt and threaded rod manufacturer Third Coast Industries Inc.
Mahwah, New Jersey, has finalized the purchase of Third Coast Industries, Inc., Beaumont, Texas; a manufacturer of stud bolts and fully threaded rods.
Anthony T. (Tony) Randazzo, president of Mahwah, New Jersey-based Alloy & Stainless, tells FIN that Beaumont, Texas-based Third Thread Industries will be operated as a wholly owned subsidiary and that present management will remain. Michael Ames, who was president of Third Coast, will be vice president and general manager, and his younger brother, Rodney L. Ames, who was sales manager of Third Coast, will be vice president and sales manager.
Third Coast, which has been in business for about 40 years, has a 70,000 sq ft plant, built about five years ago, and employs about 50 people. Headquarters and manufacturing facilities address is P.O. Box 3824, Beaumont, Texas 77704-3824 Tel: (409) 842-0030 Toll free: (800) 231-3610.
Although Alloy & Stainless is new to fastener manufacturing, it has been involved in the fastener field as a supplier of raw material since it was established about six years ago. The company’s Northampton Mfg. Corp., Northampton, Mass., is a producer of cold heading stainless wire and the Chicago warehouse stocks carbon, stainless and brass wire for the cold heading field. There’s also a new 30,000 sq ft warehouse in Houston, Texas (acquired in July of this year from D.B. Orban Co.) which stocks stainless and alloy bar.
Alloy & Stainless, a privately owned company, has yearly sales of around $45 million. Anthony T. Randazzo and his father, A.L. (Randy) Randazzo, who’s company treasurer, were both with Kurt Orban Co. in Wayne, New Jersey, in executive positions before setting up their own company.
Today the company is one of the largest distributors of wire rod to the redraw, welding electrode and cold heading markets. There are about 110 employees (not counting the new acquisitions). Alloy & Stainless is headquartered at 370 Franklin Turnpike, Mahwah, NJ 07430 Tel: (201) 529-5800 ©1986/2012 Fastener Industry News For information on permission to reuse or reprint this article please e-mail: FIN@GlobalFastenerNews.com
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