Threaded Fasteners inc. joins forces with Bolt & Nut Inc.
Tampa, Fla.-primarily based Bolt & Nut Inc, a manufacturer and distributor of fasteners founded forty years ago byentrepreneur Bob Cornett, has been acquired by using Threaded Fasteners Inc.Threaded Fasteners Inc. are becoming a member of forces with the Bolt & Nut income and production groups to create a fair extra dynamic platform to serve business and industrial customers in Florida and the Southeastern U.S., the new owners stated.
Bob Cornett, 78, will hold to own and perform Tampa-based, Hurri-bolt Inc., a producer of typhoon bolts, as a separate commercial enterprise, he stated, In 2013, Threaded Fasteners opened a area in Tampa on Currie Davis force. After Jan. five, the TFI team will merge with the 21-member Bolt & Nut Inc. group of workers to do commercial enterprise on the Bolt & Nut place on 46th street. That facility offers extra than 50,000 rectangular feet of producing area and sales places of work close to the campus of the college of South Florida.
Cornett stated a shared perception in Christian values paved the way for the purchase of Bolt & Nut Inc. by means ofThreaded Fasteners.
For years, different corporations have approached Cornett approximately selling his production firm based in 1977. The timing, he said, had never been proper, till now.
“From the first time I met the Threaded Fasteners leadership team, we had a not unusual bond and that changed into the Lord,” Cornett said. “It was truth proper off the bat. If it hadn’t been for the Lord, I do not think this will have ever took place.”
Billy Duren, president of Threaded Fasteners Inc., stated TFI’s aim is to continue constructing on the foundation and principles Cornett spent 4 a long time cultivating in Tampa and throughout the globe.
“Bob Cornett has such an terrific story of fulfillment you simply can not help however be intrigued,” Duren stated. “i’veobserved Mr. Bob’s phrase is as desirable as a 40–web page prison agreement. i’ve come to greatly respect him and in thepast few months we’ve got forged a genuine friendship.”
With almost fifty three years in the production commercial enterprise, Cornett stated he believes that is a outstanding time to spend money on Florida. The Tampa Bay vicinity is experiencing large growth now inside the shape of long–time periodconstruction initiatives, among different tasks.
“I see remarkable ability on this place,” Cornett said. “I think there may be going to be a boom for at least the next five to 8years.”
founded in 1977 via Bob and Linda Cornett, the agency started out as a fastener upkeep distributor to the phosphate mining industry in imperative Florida. In 1991, Tampa-based Bolt & Nut Inc. increased into production. a prime effect venture camein 1994 with the manufacture and deliver of sub-shape anchor bolts for a strength plant. Then, the business enterprise beganproduction and presenting fastener merchandise. Featured projects consist of: U.S. Census Bureau constructing in Washington, D.C., a seawall task in Murmansk, Russia, two fertilizer flora in China, energy plant projects in Turkey and Puerto Rico, theme parks in Florida and the Caribbean, sports stadiums in Tampa Bay, and numerous water treatment plant projectsin Florida, the Caribbean Islands and Australia.
founded in 1979, cell, AL-based Threaded Fasteners Inc. is an worker owned business that specializes in the production, custom packaging and distribution of metallic fasteners, including tower and electric powered utility bolts, anchor bolts, A325 structural bolts, A394 tower bolts, nuts, washers and greater. Its custom synthetic parts department works to developstrong point substances for customers. With extra than a hundred and sixty devoted employee proprietors, TFI keeps$4.five million well worth of stock across six distribution warehouses, from Alabama to Mississippi, Florida, Oklahoma and Tennessee, to satisfy the worldwide needs of clients from industries which includes strength producing utilities, chemical and electrical, commercial marine construction, stainless steel fabricators, metallic constructing producers and branch of Transportation (DOT) fabricators.
extra records approximately TFI may be observed on its website at threadedfasteners.com or via social media systemsconsisting of fb, LinkedIn and Twitter.