SFS Group has acquired Triangle Fastener Corporation (TFC), a leading provider of fasteners and other products for the US commercial construction industry, headquartered in Pittsburgh.
TFC produced sales of more than US$70 million in 2018 and has approximately 200 employees. The acquisition means SFS will be able to expand access to the market and its customers in the American building sector.
TFC was founded in 1977 and supplies end-users in the commercial construction industry with a comprehensive assortment of customer-specific fasteners, as well as other application solutions. TFC sells its products to roughly 6,000 active customers through 23 separate branch locations in 15 states and is one of the leading suppliers in the eastern United States.
TFC will operate as a part of the Construction division within the SFS Fastening Systems segment. The company will be led by the existing management, ensuring continuity.
Having held senior management roles in leading automotive and fastener businesses, Phil joined Fastener + Fixing Magazine as editor in 2002. Convinced there is no substitute for ‘being there’, over 15 years of visits and interviews around the world means he has accumulated an extraordinary knowledge and perspective of the global fastener industry, reflected in his incisive and thought provoking reporting.