Exciting Business Acquisition

Swift-Heat is proud to announce that it has made an acquisition in January 2014 although not directly related to the field of Industrial Heating or Temperature Measurement. The new business is involved in the specialised manufacture of nuts, bolts and fasteners that are unavailable as standards from traditional distributors and utilises an extensive engineering machine shop with CNC capabilities. The new business will operate on the same business premise as Swift-Heat but will be known by the trading name Swift Fasteners. M.D., Brian Booth, said “We are excited by the synergies that will be created in the new business in terms of the improved and expanded machining capabilities which will give us far more flexibility in our engineering needs that currently are outsourced. Although the customer base is primarily the fastener distributors and adds diversity to our existing business rather than cross-selling, the customers in the the new Fasteners divisions have a need for good quality, competitive pricing and quick turnaround times that is identical to our existing Industrial Elements and Thermocouple market”


You must be logged in to post a comment.