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Thursday, November 21, 2024
YOU ARE AT:Business NewsNSI Industries Acquires Metallics

NSI Industries Acquires Metallics

NSI Industries, LLC has acquired Conneticuit-based fasteners manufacturer Metallics as part of the company’s commitment to connecting distributors to the products, services, and technologies they need.

“Metallics has been serving tradesmen since 1959 with a foundation built upon quality, reliability, and innovation,” said David DiDonato, CCO for NSI. “NSI has been interested in the Fasteners category for some time and we’re delighted to be bringing the Metallics product line into our portfolio. This acquisition represents a strategic addition to our company and one that I’m sure our loyal distributors and end-users will appreciate.”

In service of its customers and in coordination with its affiliate, Avanti Screw, Inc., Metallics is able to design and produce new and innovative fasteners in its central Connecticut plant.  And now, further supported by NSI, customers can continue to feel certain that a strong relationship will be built not only with them, but with their customers and the installers they serve, as well.

“On behalf of the Mola family, I am both pleased and very grateful that NSI has purchased Metallics and has chosen to keep it in its original birthplace, Bristol, Conn.,” said Randy Mola, Metallics president. “During our 62-year history, Metallics has employed hundreds of families in and around Bristol, and they have all played a role in our success. Knowing that this trend will continue going forward brings with it a comforting peace of mind. Longevity and loyalty have played a key role in our success, and today 30 percent of our workforce has been with for more than 22 years.”

For more information on NSI, please visit www.nsiindustries.com. For more information on Metallics, please visit www.metallics.us.

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