Field Fastener Merges with HRS Logistics
U.S.-based Field announced on July 9, 2014 that it has merged with HRS Logistics. This strategic partnership will enhance both their positions in the marketplace by expanding the products, services, and geographical footprint in which they service customers. Both Field and HRS Logistics have similar cultures that place a high value on the team, customers, and suppliers. They are excited about the opportunity to provide more technical services to drive short and long term cost savings.
Field has averaged 20% growth year over year since 1990 with plans to sustain this growth to reach $100 million in revenue over the next few years. HRS Logistics is a global provider of fasteners and other ‘class c’ items servicing customers throughout the South/Southwest and in Mexico. They are a rapidly growing company that has achieved a 155% growth rate over the last 4 years