Illinois-based fasteners distributor Blue Ribbon Fastener expands its VMI and Class C component supply chain network.
Skokie, IL-based fasteners distributor Blue Ribbon Fastener acquired Burlington, WI-based Nationwide Fastener Systems to expand its VMI and Class C component supply chain network to additional OEMs in the Midwest.
For more than three decades, Nationwide Fastener Systems has provided OEM clients with Class C fasteners, inventory management services and other custom solutions. The partnership will support growth for Nationwide customers and provide:
- A larger portfolio of products and brands,
- expanded access to technology, data, and research and development,
- increased resources and additional expertise, and;
- greater geographical reach across the United States.
“Joining the Blue Ribbon Fastener team gives us access to additional resources to continue to build upon this business that I’m very proud of,” said Deb Lipecki, Co-Owner of Nationwide Fastener Systems.
Terms of the deal were not disclosed.
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Vesna Brajkovic
Vesna Brajkovic is MDM’s Senior Editor, having joined the company in May 2023. She has more than seven years of experience as a B2B publication editor, having focused on the commercial trucking, railroad, transit, fleet maintenance, automotive aftermarket and aviation industries. Brajkovic most recently spent the past two-plus years as Managing Editor of Heavy Duty Trucking for Bobit Business Media — where she reported and edited news and features on the commercial trucking industry, managed eNewsletters and social media, coordinated print magazine production and developed content for events and multimedia such as podcasts and videos. She can be contacted at vesna@mdm.com.
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