October, 13, 2020
August, 4, 2020
Threaded Fasteners Dedication to Extraordinary Service
The Threaded Fasteners mission is to create value in and for the people we serve. As a team we are always looking for ways to improve in our mission of creating value for our customers. That is why when we were given the chance to be a flagship vendor for a local customer, we jumped at the opportunity to see what we could do to help them build value. AM/NS Calvert is dedicated to transforming tomorrow with sustainability, quality, and leadership; our teams came together to work to not only streamline their processes, but to build a culture around these values.
What began as a small change to be more organized quickly broadened to a complete revamp of the VMI areas from top to bottom. Our team was given the task to convert the area from open bins to cabinets for all products in the Hot Strip Mill of AM/NS Calvert. When our teams came together, we realized that we’re both dedicated to developing the environment rather than just updating and organizing. When our teams met to see what we could do to create more value in what they were looking to accomplish, we looked at their 6S to Success model. This is a model that the AM/NS Calvert team is looking to standardize in facilities worldwide. Our team set out to find ways to educate on this new model, creating signs for the AM/NS Calvert team.
We worked closely with the planning team and shared ideas to make this transition beneficial to all the team members of AM/NS Calvert. Our goal was to make this a very orderly and efficient process for production with a decreased loss in “wrench time” for those needing parts in a hurry. By categorizing, labeling, and providing guides to each cabinet’s contents, the approach has successfully allowed for team members to more quickly access the needed parts.
Each day provided new challenges to us in making this the beginning of a new standard. The teamwork between TFI and the AM/NS Calvert Planning department was essential for the successful transition. Both ingenuity and attention to the needs of AM/NS Calvert’s workflow were very important in making the necessary adjustments in our quest for ideal VMI. We worked diligently together from beginning to end to find new and creative ways to make things user friendly as well as cost effective.
AM/NS Calvert is a world class steel mill which desires a world class VMI, and we are pleased to work together to accomplish the very first project in making that happen! AM/NS Calvert is recognized as one of the most advanced steel finishing facilities in the world, and we are excited to be able to join with them in this venture.
We enjoy strengthening relationships through working together on this project, and we look forward to our next endeavor working alongside such a great company with such strong core values and great culture. If you are interested in seeing how Threaded Fasteners VMI teams can transform your inventory system, give us a call today.
– Threaded Fasteners, Inc. Mobile Sales Team
May 14, 2020
Threaded Fasteners is Certified Employee Owned
Threaded Fasteners has become a member of Certified Employee-Owned (Certified EO), the leading certification program for employee-owned companies in America. To become a member of Certified EO, companies must pass a rigorous certification process to demonstrate that their employees
own at least 30% of the business (exclusive of company founders), access to ownership is open to every employee, and the concentration of ownership is
limited. Fewer than 1 in 200 American companies are eligible to join Certified EO.
Certified EO is an organization that strives to create an employee-owned economy. Their certification program is combining the reach of employee-owned companies to create national recognition for this new approach to business. Certified EO works directly with members to help them make their employee ownership more visible to their workers, their clients, and their communities. Certified EO was founded in 2017 by Thomas Dudley and Kramer Sharp. The current membership includes over 175 companies and more than 120,000 employee-owners. To learn more about Certified EO, please visit www.certifiedeo.com.
EMPLOYEE OWNERSHIP ADVOCATE PROGRAM
The Threaded Fasteners ESOP Advocate program is a team of employee owners from each branch that will represent and promote employee ownership for their team. Advocates will travel to the home office for an all day training session that will give them the tools and information they need to be outstanding advocates for what it means to be employee owners. Part of their duties will be to provide tools and information to their local team on what employee ownership means to every level of owner. This new program is an exciting new way to grow our teams ownership participation!
THREADED FASTENERS OWNERSHIP
On April 1, 2007, employee owners of Threaded Fasteners Inc. purchased the shares of the majority shareholder Frank Martin. In 2012, the purchase was complete when the second owner, Steve Sholtis, sold his stock making TFI 100% Employee Owned.
The Threaded Fasteners Employee Stock Ownership Plan is a trust established for the exclusive benefit of the employees. Shares of stock are owned by the trust, and the trustees manage the trust. Each vested employee is a beneficial shareholder of the trust. The TFI ESOP is set up primarily as a retirement plan.
February 19, 2020
Mobile’s Uncle Henry receives letter from a lawyer, sparks new friendship with Threaded Fasteners, Inc. as he joins Team Tighten Up
Mobile, Alabama (Feb. 19, 2020) Local radio personalities Randy Kennedy and Uncle Henry entered a battle of wills in the weeks leading to Kennedy’s appearance on the Uncle Henry show on Friday. Both radio stars have “Tightened Up” in various ways, using the phrase in segments on their own stations. New to the iHeart radio team, Kennedy told Uncle Henry of his Tighten Up Sports segments sponsored by Threaded Fasteners, Inc. Undeterred by this, Uncle Henry doubled down on his need to Tighten Up, continuing his segments on air. Due to this, the Threaded Fasteners, Inc. legal team decided to take matters into their own hands.
UNCLE HENRY HOSTS RANDY KENNEDY BEFORE THE LAUNCH OF SPORTS TALK 99.5
Before Randy Kennedy appeared on his new iHeart Station Sports Talk 99.5 on Monday, he appeared on Uncle Henry to talk sports, news, and to air the grievances between the two. Uncle Henry told his listeners that he has been Tightening Up for years after a comment was made to him by a local representative. His listeners want to know how he and they can tighten up in their lives.
RANDY KENNEDY GIVES UNCLE HENRY LETTER FROM TFI CORPORATE COUNSEL
Kennedy, after consulting with the Threaded Fasteners, Inc. team concluded there was no other way to resolve the issue other than legal action. An excerpt from the letter reads; “Threaded Fasteners, Inc. as the sole proprietor of the phrase TIGHTEN UP on local radio marketing claims exclusive ownership to this phrase and all uses of this phrase in perpetuity.” It continues, “Without waiving any of the foregoing rights, Threaded Fasteners, Inc. does hereby grant to you, ‘Uncle Henry’, unlimited privileges to borrow our phrase and the privilege of joining the TIGHTEN UP TEAM.” See Uncle Henry read the full letter here. (Begins at Min 31).
UNCLE HENRY JOINS TEAM TIGHTEN UP
Today Threaded Fasteners, Inc inducts Uncle Henry as an official member of Team Tighten Up. Threaded Fasteners, Inc. Welcomes Uncle Henry to this exclusive group and encourages him to continue Tightening Up as often as he likes.
The Business View invited CEOs and senior staff to join them for a cover photo for their September 2018 publication. The Business View is a monthly publication of the Mobile Area Chamber of Commerce. Billy and the others represent companies investing in the Mobile area and are also members of the Mobile Area Chamber.
Threaded Fasters is also featured inside the publication on page 23.
The Business View – September 2018
Published on Aug 26, 2018
January 22, 2018
Global Fasteners News.com
(Article content is for FIN subscribers only…must subscribe to read full story)
FMA – The Fabricator.com
Threaded Fasteners Inc. (TFI), Mobile, Ala., has acquired Bolt & Nut Inc., a Tampa, Fla.-based manufacturer and distributor of fasteners. The TFI team has merged with the 21 employees of Bolt & Nut to do business at the 50,000-sq.-ft. Bolt & Nut location to serve commercial and industrial clients in Florida and the southeastern U.S.
Business AL – Top News Links
Mobile-based Threaded Fasteners has acquired Bolt & Nut Inc. of Tampa, Florida. Threaded Fasteners’ Tampa operations will move into Bolt & Nut’s 50,000-square-foot facilities there. Threaded Fasteners makes and distributes fasteners for power, chemical, marine and other industries. — News release
News – Fasteners & Fixings
Mobile-based Threaded Fasteners Inc. has continued its multi-state expansion with the acquisition of Tampa, Fla.- based Bolt & Nut Inc.
According to information released by Threaded Fasteners, the company opened a Tampa office in 2013. Its employees will now join the 21-member Bolt & Nut team at its 46th street location, which “offers more than 50,000 square feet of manufacturing space and sales offices near the campus of the University of South Florida.”(…)
Threaded Fasteners Inc. is joining forces with the Bolt & Nut sales and manufacturing teams to create an even more dynamic platform to serve commercial and industrial clients in Florida and the Southeastern U.S.
January 5, 2018 – AL.com
Mobile-based Threaded Fasteners Inc. has continued its multi-state expansion with the acquisition of Tampa, Fla.- based Bolt & Nut Inc.
According to information released by Threaded Fasteners, the company opened a Tampa office in 2013. Its employees will now join the 21-member Bolt & Nut team at its 46th street location, which “offers more than 50,000 square feet of manufacturing space and sales offices near the campus of the University of South Florida.”
Overall, Threaded Fasteners describes itself as an employee-owned business with a staff of more than 160 and $4.5 million in inventory across six distribution warehouses in Alabama, Mississippi, Florida, Oklahoma and Tennessee.
MOBILE, Ala. (January 5, 2018) – Threaded Fasteners Inc. (TFI), an employee owned business specializing in the manufacturing, custom packaging and distribution of steel fasteners, has acquired Bolt & Nut Inc., a Florida-based manufacturer and distributor of fasteners founded in 1977 in Tampa, FL.
Threaded Fasteners Inc. is joining forces with the Bolt & Nut sales and manufacturing teams to create an even more dynamic platform to serve commercial and industrial clients in Florida and the Southeastern U.S., said TFI president Billy Duren.
In 2013, Threaded Fasteners opened a location in Tampa on Currie Davis Drive. After Jan. 5, 2018, the TFI team will merge with the 21-member Bolt & Nut Inc. staff to do business at the Bolt & Nut location on 46th Street. The facility offers more than 45,000 square feet of manufacturing space and 5,000 square feet for sales offices.
Bolt & Nut Inc. Founder and Owner, Bob Cornett said a shared belief in Christian values paved the way for the acquisition of Bolt & Nut Inc. by Mobile, Ala.-based Threaded Fasteners.
While other businesses approached Cornett about selling his manufacturing firm over the years, the timing, he said, had never been right until now.
“From the first time I met Billy (Duren, TFI President) and David (Spurlock, TFI Senior Vice-President), we had a common bond and that was the Lord,” Cornett said in a December 2017 interview. “It was truth right off the bat. If it hadn’t been for the Lord, I don’t think this would have ever happened.” (Photo: Bob Cornett)
Duren said it is the goal for Threaded Fasteners Inc. to continue building on the solid foundation and principles Cornett spent four decades cultivating in Tampa and across the globe.
“Bob Cornett has such an incredible story of success you just can’t help but be intrigued,” Duren said. “I’ve discovered Mr. Bob’s word is as good as a 40-page legal contract. I have come to greatly admire him and in the past few months we have forged a genuine friendship.”
With nearly 53 years in the manufacturing business, Cornett believes now is a great time to invest in Florida. The Tampa Bay area is experiencing tremendous growth in the form of long-term construction projects and other initiatives.
“I see tremendous potential in this area,” Cornett said of southwest Florida. “I think there’s going to be a boom for at least the next five to eight years.”
Inspirational program to target individuals, teams and corporations on January 17 at the Country Club of Mobile
MOBILE, Ala. (December 19, 2017) – The Mobile and Northwest Florida section of Associated General Contractors (AGC) Alabama is delighted to announce renowned motivational speaker and author Dr. Kevin Elko will deliver the keynote address during its 2018 Annual Luncheon. Local businesses and their leadership teams are encouraged to attend this timely event.
Elko, a celebrated leadership and performance consultant, focuses a substantial portion of his time helping organizations in the areas of leadership, goal setting and myriad other motivational topics. During the two-hour lunch event beginning at 11 a.m. Wednesday, January 17, 2018 at the Country Club of Mobile, he will present “Inspiring Individuals, Corporations and Teams to Greater Success!” The cost is $50 per person, and reservations can be made by calling (251) 610-6715.
“We are happy to have Dr. Elko speak to our group for our annual meeting and hope Alabama AGC members and guests will take advantage of this opportunity to hear his impactful message,” said Charlotte Kopf, manager/administrator for the Association’s Mobile section, adding, “We are especially grateful to Threaded Fasteners for serving as our title sponsor which allowed us to secure Kevin Elko as our speaker.”
Billy Duren, President of Threaded Fasteners said “Kevin Elko will put you in a three-point stance for the new year. His platform with corporate America, professional and college athletics at the highest levels gives Dr. Elko a unique perspective to bring a challenging message to all who will be in attendance.”Continue reading
MOBILE, Ala. (December 15, 2017) – Team Focus received a check for $25,000 from the Threaded Fasteners Charitable Foundation this week that will help support boys who lack father figures in their lives.
The money was raised through a charity golf tournament Mobile-based Threaded Fasteners Inc. has sponsored for 11 years. While the Oct. 7 event planned at Robert Trent Jones Golf Trail in Mobile was canceled because of severe weather, teams and businesses that pledged funds through the tournament maintained their commitments.
“It was extremely disappointing when the weather came in and we had to cancel the golf tournament. Yet, what a testimony to see the commitment of our business partners never waiver in their support,” said Billy Duren, president of Threaded Fasteners Inc. “I am so grateful for the platform we have to serve Team Focus. Our company works on this tournament for months and truly embraces the vitally important mission of Team Focus. We are honored so many people continue to help us support Team Focus. What Coach Mike and Mickey Gottfried do to positively influence boys and young men through Team Focus is desperately needed in our world.”Continue reading