Birmingham Fastener Reaches An Asset Buying Deal with Vulcan Steel Products

It is reported that the Alabama-headquartered Birmingham Fastener, which manufactures custom and standard nuts and bolts, has recently announced the agreement with Vulcan Steel Products based in Alabama, which manufactures threaded rods and threaded bars, to buy part of the assets in Vulcan’s Pelham-based facilities (including finished products in inventory, materials, and processing & manufacturing equipment). Birmingham Fastener purchasing these products and equipment will be moved to Birmingham Fastener’s facilities in Birmingham. The detailed value regarding the transaction cost has not yet
been disclosed.