Bulten Establishes in USA and Forms a Joint Venture with Ramco for Fastener Solutions for the North American Market

Bulten AB, one of the largest suppliers of fasteners to the international automotive industry, and North American fastener supplier Ramco Specialties Inc. (Ramco) announced that they have signed an agreement to form a joint venture, owned equally (50/50), for distributing fasteners to the North American automotive industry. At the same time, Bulten also sets up a subsidiary for producing externally threaded fasteners for the same market. The operations of both entities are scheduled to start in 2017. The formation of the joint venture and subsidiary will establish Bulten’s FSP concept along with a manufacturing footprint in the USA, which is one of the world's largest auto market with significant potential.

The joint venture will operate under the name Ram-Bul LLC (Ram-Bul), headquartered in Ramco’s new corporate headquarters in Hudson, Ohio. Ram-Bul will offer sales and distribution of fasteners for the North American market through Bulten’s FSP concept. Bulten’s manufacturing expertise in externally threaded fasteners, coupled with Ramco’s manufacturing experience in internally threaded fasteners, will allow Ram-Bul to offer a full range of domestically manufactured fasteners in Ramco’s already established infrastructure.

Bulten’s new production subsidiary, Bulten North America LLC, will be set up in the same building as Ram-Bul and will thus establish its first unit for manufacturing externally threaded fasteners for the North American market.

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