The $2.85 million project will renovate the company’s Tyler facility and create 10 new full-time positions.
Melissa Patel of Field has been elected as the 2026-2027 president of the National Fastener Distributors Association.
The Gilchrist Foundation has extended the fastener scholarship application deadline until July 31.
In 1989, he founded Mac Fasteners in Ottawa, KS, which he sold to PennAero in 2014.
Acquisitions come amid continued investor interest in industrial manufacturing and distribution businesses that serve essential end markets.
U.S. tariff shift in April to finished price burdens a “significant” number of fastener companies and other small and medium-sized enterprises in South Korea hit by 50% tariffs.
“They’re joining Martin Supply to help lead the strategic growth and performance of our Fastener division, with nearly 50 years of combined experience in that industry.”
“Congratulations and thank you to the entire AFC team. Your hard work, dedication, and commitment to our customers make achievements like this possible.”
New financial executive “brings deep finance leadership experience and a strong track record helping organizations strengthen financial performance, improve controls and support growth through periods of change.”
715,000 sq ft “multi-purpose facility” in suburban Cincinnati will be a distribution center as well as house offices and operational support functions.
New leader earned a BS in Electrical, Electronics and Communications Engineering from KL University, and an MS in Computer Science from Purdue University.
In 1956, co‑founder Barc Simpson developed the company’s first joist hanger on a punch press at his father’s window‑screen factory in Oakland, CA.
