The Business View invited CEOs and senior staff to join them for a cover photo for their September 2018 publication. The Business View is a monthly publication of the Mobile Area Chamber of Commerce. Billy and the others represent companies investing in the Mobile area and are also members of the Mobile Area Chamber.
Threaded Fasters is also featured inside the publication on page 23.
The Business View – September 2018
Published on Aug 26, 2018
Torque Expo
Threaded Fasteners Inc acquires Florida’s Bolt & Nut Inc
Global Fasteners News.com
Threaded Fasteners acquires Bolt & Nut, Inc.
(Article content is for FIN subscribers only…must subscribe to read full story)
FMA – The Fabricator.com
Threaded Fasteners joins forces with Bolt & Nut Inc.
Threaded Fasteners Inc. (TFI), Mobile, Ala., has acquired Bolt & Nut Inc., a Tampa, Fla.-based manufacturer and distributor of fasteners. The TFI team has merged with the 21 employees of Bolt & Nut to do business at the 50,000-sq.-ft. Bolt & Nut location to serve commercial and industrial clients in Florida and the southeastern U.S.
Business AL – Top News Links
Threaded Fasteners acquires Florida firm
Mobile-based Threaded Fasteners has acquired Bolt & Nut Inc. of Tampa, Florida. Threaded Fasteners’ Tampa operations will move into Bolt & Nut’s 50,000-square-foot facilities there. Threaded Fasteners makes and distributes fasteners for power, chemical, marine and other industries. — News release
News – Fasteners & Fixings
Mobile-based Threaded Fasteners acquires Tampa company | AL.com
Mobile-based Threaded Fasteners Inc. has continued its multi-state expansion with the acquisition of Tampa, Fla.- based Bolt & Nut Inc.
According to information released by Threaded Fasteners, the company opened a Tampa office in 2013. Its employees will now join the 21-member Bolt & Nut team at its 46th street location, which “offers more than 50,000 square feet of manufacturing space and sales offices near the campus of the University of South Florida.”(…)
China Fastener.info
Threaded Fasteners Inc. Expands Again in Florida Market with Addition of Tampa-based Bolt & Nut Inc.
Threaded Fasteners Inc. is joining forces with the Bolt & Nut sales and manufacturing teams to create an even more dynamic platform to serve commercial and industrial clients in Florida and the Southeastern U.S.
January 5, 2018 – AL.com
Mobile-based Threaded Fasteners Inc. has continued its multi-state expansion with the acquisition of Tampa, Fla.- based Bolt & Nut Inc.
According to information released by Threaded Fasteners, the company opened a Tampa office in 2013. Its employees will now join the 21-member Bolt & Nut team at its 46th street location, which “offers more than 50,000 square feet of manufacturing space and sales offices near the campus of the University of South Florida.”
Overall, Threaded Fasteners describes itself as an employee-owned business with a staff of more than 160 and $4.5 million in inventory across six distribution warehouses in Alabama, Mississippi, Florida, Oklahoma and Tennessee.
January 5, 2018
Friends and colleagues,
We have great news to share. Threaded Fasteners is expanding again. For several months, our leadership team has been working with Bob Cornett, the founder and owner of Bolt & Nut Inc. in Tampa, Fla., to acquire his privately-held company.
Mr. Bob and his wife founded the business in 1977 and successfully ran the operation through the end of 2017. We felt honored that he selected Threaded Fasteners for this merger of two teams who value Christian principles, strong work ethics and excellent customer service.
On Jan. 5, 2018, the merger with Bolt & Nut Inc. was official. That means our staff already in Tampa will join forces with an additional 21 people on the manufacturing and sales teams there in a 50,000 square-foot space located near the University of South Florida and Bush Gardens. It’s a great new location for us and offers a wonderful opportunity to expand our reach in Florida and the Southeastern United States.
For more details about the Tampa acquisition, CLICK HERE to read our full news release or visit tfimanufacturing.com.
We look forward to sharing more good news with you during 2018.
Blessings,
Billy Duren
MOBILE, Ala. (January 5, 2018) – Threaded Fasteners Inc. (TFI), an employee owned business specializing in the manufacturing, custom packaging and distribution of steel fasteners, has acquired Bolt & Nut Inc., a Florida-based manufacturer and distributor of fasteners founded in 1977 in Tampa, FL.
Threaded Fasteners Inc. is joining forces with the Bolt & Nut sales and manufacturing teams to create an even more dynamic platform to serve commercial and industrial clients in Florida and the Southeastern U.S., said TFI president Billy Duren.
In 2013, Threaded Fasteners opened a location in Tampa on Currie Davis Drive. After Jan. 5, 2018, the TFI team will merge with the 21-member Bolt & Nut Inc. staff to do business at the Bolt & Nut location on 46th Street. The facility offers more than 45,000 square feet of manufacturing space and 5,000 square feet for sales offices.
Bolt & Nut Inc. Founder and Owner, Bob Cornett said a shared belief in Christian values paved the way for the acquisition of Bolt & Nut Inc. by Mobile, Ala.-based Threaded Fasteners.
While other businesses approached Cornett about selling his manufacturing firm over the years, the timing, he said, had never been right until now.
“From the first time I met Billy (Duren, TFI President) and David (Spurlock, TFI Senior Vice-President), we had a common bond and that was the Lord,” Cornett said in a December 2017 interview. “It was truth right off the bat. If it hadn’t been for the Lord, I don’t think this would have ever happened.” (Photo: Bob Cornett)
Duren said it is the goal for Threaded Fasteners Inc. to continue building on the solid foundation and principles Cornett spent four decades cultivating in Tampa and across the globe.
“Bob Cornett has such an incredible story of success you just can’t help but be intrigued,” Duren said. “I’ve discovered Mr. Bob’s word is as good as a 40-page legal contract. I have come to greatly admire him and in the past few months we have forged a genuine friendship.”
With nearly 53 years in the manufacturing business, Cornett believes now is a great time to invest in Florida. The Tampa Bay area is experiencing tremendous growth in the form of long-term construction projects and other initiatives.
“I see tremendous potential in this area,” Cornett said of southwest Florida. “I think there’s going to be a boom for at least the next five to eight years.”
MOBILE, Ala. (December 19, 2017) – The Mobile and Northwest Florida section of Associated General Contractors (AGC) Alabama is delighted to announce renowned motivational speaker and author Dr. Kevin Elko will deliver the keynote address during its 2018 Annual Luncheon. Local businesses and their leadership teams are encouraged to attend this timely event.
Elko, a celebrated leadership and performance consultant, focuses a substantial portion of his time helping organizations in the areas of leadership, goal setting and myriad other motivational topics. During the two-hour lunch event beginning at 11 a.m. Wednesday, January 17, 2018 at the Country Club of Mobile, he will present “Inspiring Individuals, Corporations and Teams to Greater Success!” The cost is $50 per person, and reservations can be made by calling (251) 610-6715.
“We are happy to have Dr. Elko speak to our group for our annual meeting and hope Alabama AGC members and guests will take advantage of this opportunity to hear his impactful message,” said Charlotte Kopf, manager/administrator for the Association’s Mobile section, adding, “We are especially grateful to Threaded Fasteners for serving as our title sponsor which allowed us to secure Kevin Elko as our speaker.”
Billy Duren, President of Threaded Fasteners said “Kevin Elko will put you in a three-point stance for the new year. His platform with corporate America, professional and college athletics at the highest levels gives Dr. Elko a unique perspective to bring a challenging message to all who will be in attendance.”Continue reading
MOBILE, Ala. (December 15, 2017) – Team Focus received a check for $25,000 from the Threaded Fasteners Charitable Foundation this week that will help support boys who lack father figures in their lives.
The money was raised through a charity golf tournament Mobile-based Threaded Fasteners Inc. has sponsored for 11 years. While the Oct. 7 event planned at Robert Trent Jones Golf Trail in Mobile was canceled because of severe weather, teams and businesses that pledged funds through the tournament maintained their commitments.
“It was extremely disappointing when the weather came in and we had to cancel the golf tournament. Yet, what a testimony to see the commitment of our business partners never waiver in their support,” said Billy Duren, president of Threaded Fasteners Inc. “I am so grateful for the platform we have to serve Team Focus. Our company works on this tournament for months and truly embraces the vitally important mission of Team Focus. We are honored so many people continue to help us support Team Focus. What Coach Mike and Mickey Gottfried do to positively influence boys and young men through Team Focus is desperately needed in our world.”Continue reading
Business AL – Top News Links
Click here for news release
Kevin Elko to speak at AGC annual luncheon in Mobile
The Mobile and Northwest Florida section of Associated General Contractors (AGC) Alabama says renowned motivational speaker and author Dr. Kevin Elko will deliver the keynote address during its 2018 Annual Luncheon. Elko focuses a substantial portion of his time helping organizations in the areas of leadership, goal setting and myriad other motivational topics. The event begins at 11 a.m. Wednesday, Jan. 17 at the Country Club of Mobile. – News release
Al.com blog
Threaded Fasteners Charitable Foundation gives $25000 to Team Focus
Based in Mobile, AL, Threaded Fasteners, Inc. (TFI) employees have a heart for all the communities they serve, and have been involved in charity work since the company’s inception in 1979. By direct donations and fundraising, TFI has impacted the communities where they have locations – Mobile and …
Fastener Technology International – “Fastener News Report”, Digital PDF Edition & Flip Book Access – pgs 5 & 6
Threaded Fasteners Acquire Stateline Fasteners; Expands Its Inventory
Al.com blog
Threaded Fasteners Inc. is expanding its inventory with ‘vast’ – AL.com
Threaded Fasteners Inc. (TFI), an employee owned business specializing in the manufacturing, custom packaging and …
Birmingham Business Journal
Threaded Fasteners Inc. grows inventory by acquiring product from…
A Mobile County steel fastener company has grown its product line with Mississippi inventory.
Lagniappe
Hot-dip galvanizing plant opening in Semmes
Construction is underway for a new hot-dip galvanizing facility in the Semmes area. Quality Galvanizing LLC, a subsidiary of Threaded Fasteners Inc., will own and operate the facility.
Business AL – Company Kudos November 2017
Threaded Fasteners Inc., of Mobile, is celebrating its 38th anniversary with the launch of a new website featuring its employees, products and charitable foundation. The website can be visited at threadedfasteners.com.
Al.com blog
Threaded Fasteners story turns into mighty role nationwide | AL.com
Threaded Fasteners Inc. (TFI) — a 140-member employee-owned firm — operates a manufacturing plant in Semmes, Ala., where anchor bolts …
November 22, 2017
Dear Friends and Colleagues,
Thanksgiving is my favorite holiday. Besides enjoying turkey and pumpkin pie, it’s a day when everyone can stop for a moment and reflect on what they have to be grateful for. I was telling one of our young team members recently, I never want to lose the sense of awe I feel about what we do. Even today, with more than 37 years here at Threaded Fasteners, I continue to feel an overwhelming sense of gratitude for those we work with and those we serve.
Our employee-owned company was blessed to be founded by two people who set great examples for all of us. Frank Martin and Steve Sholtis are men of integrity who believe in treating people fairly and sharing with others. They are givers. We were fortunate to be able to see our company receive blessings because of how Frank and Steve ran the business. Now, it’s our turn.
Today, through the Threaded Fasteners Charitable Foundation, we continue to support several charities close to our hearts. We also encourage our staff — and everyone else — to find ways to give back whenever they can. We do it because we have been blessed with resources and it’s the right thing to do.
As Thanksgiving approaches, we hope you find time for reflection and much to be thankful for.
Blessings,
Billy Duren
September 19, 2017
As Threaded Fasteners Inc. (TFI) celebrates 38 years in business in 2017, our leadership team and everyone who works here continues to seek ways to strategically grow our 100 percent employee-owned company.
With that in mind, we are launching Quality Galvanizing (QG), a subsidiary of Threaded Fasteners Inc…
