Genesys Industries Acquires Sterner Screw Machine

Genesys Industries Acquires Sterner Screw Machine, A Premier Manufacturer of Screw Machined Fastener Components and Hardware Products.

Rockford, IL / USWIRE / August 31, 2023 

Genesys Industries announced today that the company has acquired 100% of Sterner Screw Machine (SSM) for cash at closing. Genesys expects the acquisition to be accretive to its earnings within 6 months of closing. Rockford based Sterner Screw Machine (SSM) was founded in 1985, a second-generation owned company. SSM is a leading production manufacturer of screw machined and fastener components for the aerospace, hydraulic, pneumatic, and industrial sectors. The company operates from a 15,000 sqft manufacturing facility located in Loves Park, Illinois.

Genesys Industries Spokesperson stated, “We are excited about the acquisition of SSM. This acquisition is an important step forward for Genesys Industries, as it allows us to expand our capabilities to include precision screw and fastener component manufacturing, but more importantly volume production quantity manufacturing. With this acquisition we add an additional 15,000 sqft facility in Loves Park, IL. These offerings will allow us to better serve our customers and solidify our position in high volume production.” Laura Mason, President of Sterner Screw Machine (SSM) commented, “SSM and Genesys share common markets, manufacturing expertise and company values. We wanted to ensure all of our employees were going to be happy in the future and therefore we did not want to sell to a PE firm or anyone from the outside of our industry. This was a perfect fit for our company and excited for the future of SSM.”

We welcome all of SSM customers to Genesys Industries. For more information on Sterner Screw Machine please visit our official company website at sternerscrewmachine.com 

About Genesys Industries

Genesys Industries is an ISO 9001 & AS9100D certified precision manufacturer of Class B & C Fasteners &

Hardware Products including threaded and non-threaded components for industry. We are a full-service

manufacturer with extensive precision turned product and assembly capabilities. We are a standards based manufacturer of OEM, NSN, NAS, NASM, AN, MS, AS, MA, BACC based machined components.

Website: genesysindustries.com

Contact:

Genesys Industries

Mike Preston (T. 941-722-3600)

info@genesysindustries.com

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