FOR IMMEDIATE RELEASE
MOBILE, ALABAMA (June 24, 2024) Threaded Fasteners, Inc., a leader in the Fastener Industry, today announced the acquisition of Ricco Fasteners, formerly owned by Elaine and Richard Guldin, located in Thomasville, Georgia. This move marks the seventeenth branch location for Threaded Fasteners and elevates their mission to create value in, and for the people they serve, as they continually position themselves for additional growth and innovation.
“We are thrilled that Elaine would entrust us with the legacy of Ricco Fasteners. I am humbled by her confidence in us to carry on their mission and bring the Ricco team into Threaded Fasteners Family of Companies. This acquisition may represent a significant step in our team as we continue to expand and invest in additional communities, but above all it is an opportunity for us to serve a member of our fastener community through carrying on the legacy that Elaine and Richard built,” said Billy Duren, President and CEO of Threaded Fasteners, Inc.
About Threaded Fasteners, Inc.
Threaded Fasteners Inc. (TFI) is a 100% employee-owned business that specializes in the manufacturing, custom packaging, and distribution of steel fasteners. With over 350 dedicated employee owners, TFI maintains over $16 million worth of inventory across 17 locations, to meet the global needs of customers from industries including electrical utilities, chemical and electrical, commercial marine construction, steel fabricators, metal building manufacturers and Department of Transportation (DOT) fabricators. ThreadedFasteners.com
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