Wed, 04/24/2013 - 09:04

BATESVILLE, Ind. (April 2, 2013) – Elgin Fastener Group, LLC has completed the acquisition of Vegas Fastener Manufacturing of Las Vegas.

Jeff Liter, EFG CEO, commented, “The acquisition of Vegas Fastener Manufacturing represents a major advancement in EFG’s goal to become the premier North American supplier of specialty fasteners. The experience and reputation that Vegas Fastener has developed in the production of high quality fasteners from exotic materials, for some of the most demanding applications in our industry, takes us to a new level of supplier recognition in the specialty fastener market.”

Founded in November, 1998, Vegas Fastener Manufacturing operates an extensive variety of forging presses, computer-controlled turning centers, vertical CNC mills, and CNC bar feeders. Vegas Fastener serves industries including power generation, marine/naval transportation, oil and gas, diesel engine, food processing, power turbine, water works and general industrial.

Elgin Fastener Group is now comprised of nine domestic specialty fastener manufacturers (Ohio Rod Products, Leland Powell Fasteners, Chandler Products, Silo Fasteners, Landreth Fastener, Quality Bolt & Screw, Northern Wire, Telefast Industries and Vegas Fastener Manufacturing), offering an extensive range of special, semi-standard and custom fasteners in a wide variety of sizes, materials and finishes, as well as a metal finishing company (Best Metal Finishing). Elgin Fastener Group is a portfolio company of Audax Group.