FIELD MERGES WITH MID-STATE BOLT AND NUT COMPANY, INC.hdfadmin
Rockford, IL (1/27/2023) – Field announced today that it has merged with Mid-State Bolt & Nut Company, a full-line fastener distributor headquartered in Columbus, OH. Terms of the deal were not disclosed. Mid-State Bolt & Nut Company, who was founded in 1946, brings value to the OEM marketplace through creative and efficient supply chain solutions for fasteners and other direct materials.
This strategic partnership will enhance their combined position in North America by expanding the products, services, and geographical footprint in which they service customers. Both companies become stronger by being together, and more equipped to support current and prospective customers while providing technical services to drive short and long term cost savings.
“We’ve known Field and the Derry family for many years, and based on their culture, growth and future vision, we know that our team, customers and suppliers are in good hands by merging with Field”, says Dave Broehm, President of Mid-State Bolt & Nut. Dave will be stepping down as President, but will be staying on in a consultant role to assist with the transition. Dave’s two sons currently in the family business, Michael and Andrew, will be staying on with the company.
“What most impressed me was the quality of the people at Mid-State and their commitment to do whatever it takes to support the customer and one another. You can’t teach this and it very much aligns with the culture of Field. We couldn’t be more excited to welcome the Mid-State team and customer base into the Field family”, says Adam Derry, President of Field.
“We are excited to combine the capabilities of the experienced team at Mid-State with the Field team. The reputation and quality of the entire organization at Mid-State will continue to enhance the culture of Field” Chris Pauli, executive Vice-President of Field.
About Mid-State Bolt & Nut
Mid-State is a comprehensive supplier of hardware and Class C components. They have developed a core competency in designing and providing commodity management programs. To learn more about Mid-State Bolt & Nut Company, please call 614-253-8631 or visit them online at http://www.msbolt.com/
Field is a family-owned global supplier of fasteners, “C” commodities, inventory management services and technical support. For the past 33 years, Field has grown 18% on average per year because of its dedication to lowering our customers overall cost and improving quality through a technical approach to fasteners and fastenings. Their mission statement is to have “everyone who interacts with us, LOVE us!”. Field has built its reputation on meeting customers’ quality, cost reduction, and inventory targets by utilizing superior systems, team members, and suppliers. At Field, Culture is everything. Field was recognized by INC. magazine as one of the fastest growing privately owned companies in the USA. Field has been recognized nationally by Great Places to Work as one of the Best Small Companies in America, ranking #8 nationally among small companies and #5 nationally among manufacturing/production companies. To learn more about Field, please call 815-637-9002 or visit them online at: www.fieldfastener.com
Read about acquisitions by Field Fastener. Click here.
Fastenal Surpasses $1 Billion in Sales Outside the United States
Fastenal Company Reports 2022 Annual and Fourth Quarter Earnings
Leave a Reply