Cardinal Acquires Standard
Cardinal Acquires Standard
John Wolz
Cardinal Fastener & Specialty Co. Inc. acquired the assets of Standard Nut & Bolt.
Standard Nut & Bolt will mark its 100th anniversary during 2006. The Cumberland, RI, manufacturer produces bolts and nuts from 3/8 inch to 2 inch diameter and specializes in exotic materials.
The sales department for Standard will be moved to the Cardinal headquarters in Ohio.
Cardinal CEO John Grabner said “SNB”s ability to make high quality, corrosion resistant fasteners is a perfect fit with Cardinal. We are anxious to implement our lean thinking philosophies to significantly shorten the lead times.”
The acquisition expands Cardinal”s product line in both material and dimensional capabilities.
Cardinal, founded in1968, manufactures hot-formed fasteners up to 3-inch diameter. Cardinal is located in a 95,000 sq ft plant at 5185 Richmond Rd., Bedford Heights, OH 44146. Tel: 216 831-3800 or 800 237-34778 Fax 216 831-3651 Web: cardinalfastener.com �2005/6 FastenerNews.com
There are no comments at the moment, do you want to add one?
Write a comment