MW Industries, Inc. Announces Acquisition of Hi-Performance Fastening Systems

MW Industries, a leading provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, announced the acquisition of Hi-Performance Fastening Systems, headquartered in Bensenville, IL, a manufacturer of precision products for the appliance, automotive, communication, housing and other assorted markets including cold headed fasteners, thread forming screws, and pre-assembled screw and washer combinations known as “SEMS.”

Bill Marcum, CEO of MW Industries, said, “Hi-Performance Fastening Systems has a solid reputation in servicing the demands of the small to medium size fastener community with high quality products and excellent service.  The company’s products and work force are highly complementary to our existing business base, and as part of the MW family of companies, we believe that Hi-Performance Fastening Systems is better positioned to penetrate our existing markets, including consumer, transportation, and various industrial markets."