Versailles Manufacturing Business Is Growing
(Versailles, Ind.) – Elgin Fastener Group will be able to enter a new market thanks to the acquisition of a Wisconsin company.
Elgin announced Thursday the company has completed the acquisition of Northern Wire, LLC. Founded in 1970, Northern Wire has grown into one of the leading privately held wire forming companies in the United States.
“The acquisition of Northern Wire gives the Elgin Fastener Group a solid foothold in the wire form market and opens new doors to product lines that were previously closed to us. We continue to add domestic manufacturing capabilities that expand our total range of specialty fastener options,” said Jeff Liter, CEO of Elgin Fastener Group.
Northern Wire, LLC is an ISO 9001:2008 certified manufacturer with machining, cold heading, and welding capabilities in addition to wire forming. Northern Wire processes material ranging from .080” to .750” in diameter, from ½” up to 12 feet in length, and also operates its own plating facility.
Elgin Fastener Group is now comprised of seven leading domestic fastener manufacturers (Ohio Rod Products, Leland Powell Fasteners, Chandler Products, Silo Fasteners, Landreth Fastener, Quality Bolt & Screw, and Northern Wire) offering a complete range of special, semi-standard, and custom fasteners in a wide variety of styles, sizes, materials, and finishes; a metal finishing company (Best Metal Finishing); and an engineering and international procurement division (Elgin Fasteners International). Elgin Fastener Group is a portfolio company of Audax Group.