Acquisition of South Carolina-based Fastener Manufacturer Supports Portland Bolt’s Expansion into the Southeast
June 3, 2024 – Portland, OR
The acquisition highlights Portland Bolt’s strategy to expand its US-based manufacturing footprint into the East, while continuing to offer customers industry-leading delivery times, service, and enhanced dependability. The combined company will offer an increased selection of made-to-order galvanized or plain anchor bolts, rods, studs, and other manufactured and distributed products. Together, the footprint will allow the companies to reach 100% of the US customers within 2 business days.
“We are excited to welcome the Southern Anchor Bolt team to the Portland Bolt family of companies,” said Blake Ray, CEO of Portland Bolt. “Their product quality and commitment to being a preferred supplier in our industry is a good fit with our team. Portland Bolt has a significant customer base on the East Coast, and this acquisition strengthens our ability to provide the best customer service and delivery to new and existing customers.”
Leslie Yanizeski, President of Southern Anchor Bolt, will continue to manage the daily operations. “At Southern Anchor Bolt, we are thrilled to be partnering with Portland Bolt,” said Leslie. “The opportunity for our employees and the additional product offerings and locations for our customers will have a positive impact, enabling continual growth coast-to-coast.”
About Portland Bolt
Portland Bolt is a leading manufacturer of nonstandard, custom fasteners and bolts. Founded in 1912, Portland Bolt operates out of a 137,000-square-foot Portland, OR facility and ships its products to a global customer base in over 30 countries. The company services a diverse group of end markets, including government & infrastructure, non-residential construction, general industrial, steel fabrication, and more. Portland Bolt’s competitive advantage centers around its best-in-class lead times and service, value-added offerings, and superior quality.
For more information on Portland Bolt, its people, product selection, and more, please visit https://www.portlandbolt.com/.
About Southern Anchor Bolt
Located in North Augusta, SC and founded in 1966, Southern Anchor Bolt is a domestic manufacturer of embedded anchor bolts. Operating an in-house hot-dip galvanizing line allows the company to have short lead times and control the quality of the final product.