Tramec Acquires LRG Fastener Corporation (Continental-Aero)
IOLA, Kansas--June 5, 2012: Gary Sullo, President of Tramec, LLC, announced the acquisition of LRG Fastener Corporation (Continental-Aero), headquartered in Harrison, New Jersey. The new legal entity, Tramec Continental-Aero, LLC, will be fully integrated into Tramec, LLC. Continental-Aero, a stocking master distributor of nylon insert locknuts, all-metal locknuts and finished hex nuts will continue to focus on supplying the North American distributor market. Founded in 1948, Continental-Aero maintains stocking warehouses in Alsip, Illinois; Arlington, Texas; Chino, California; and Harrison, New Jersey; and maintains a sales office in Niles, Illinois. Continental-Aero is best known for its distinguishable press-closed nylon lock nuts and its trademarked Royal Purple Tork Lok nylon insert.
Mr. Sullo commented, "The addition of Continental-Aero expands Tramec's product portfolio and enhances our presence in the fastener distribution marketplace. Continental-Aero provides an exceptional level of customer service and expertise in supplying both general-line fastener and vendor-managed inventory (VMI) distributors."
"Furthermore," added Sullo, "Continental-Aero is an excellent strategic fit with our Fastener Services business located in Carpentersville, Illinois, which is managed by Chelly Gomez. Bill Giddins and Kelly Wiechen will continue in their existing management roles at Continental-Aero reporting to me."
Bill Giddins, Continental-Aero Senior Executive, stated, "Our management, sales' and operations' teams look forward to providing service excellence to Tramec and Continental-Aero customers with the increased capabilities of our combined product portfolio. The integration of Continental-Aero and Tramec's Fastener Services division, Tramec Continental-Aero, LLC, will continue to do business as Continental-Aero under the leadership of myself, Wiechen and Gomez."
About Tramec, LLC
Tramec, LLC was formed in May 2008 with the merger of Tramec Corporation, a family owned business founded in 1980 servicing the heavy-duty tractor and trailer markets, located in Iola, Kansas, and MacLean Crewson of Buffalo, New York. Tramec, LLC supplies a diverse range of highly engineered components to the heavy-duty tractor and trailer markets (both OEM and aftermarket sales), along with the general industrial fastener market. The company's product portfolio includes: automatic brake adjusters, air brake connectors and hose assemblies, pressure release valves, electrical connectors and components, specialty fasteners and a diverse range of truck and trailer components.