The company’s operating income, operating margin and net income, however, declined compared to the same quarter last year.
Bulten's Chief Strategy Officer will serve as interim CFO while the Swedish fastener company looks for a permanent replacement amid strategic change.
New executive is an engineer with more than 20 years of experience in manufacturing.
He began his fastener industry career with Uniset Fastening Systems, where he rose to the rank of national sales manager before co-founding Masterset Fastening Systems in 1989.
New director joined Optimas Solutions in 2021 as a customer operations lead before being promoted to senior quality director in 2025.
Her departure comes as the Swedish fastener group looks to cut capital costs and refocus towards distribution and value-added services.
GradeEight is a $110 million, multi-brand MRO distribution platform utilizing a national network of franchisees under Winzer Corporation and retail-facing storefronts through FastServ Supply.
Master distributor and manufacturer entered the structural bolting market with an inventory of parts, including U.S.-manufactured A325 bolts in less-than-can quantities.
