Supplier Buys Decatur County Manufacturer
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based Hahn Systems LLC continues to grow with the acquisition of ECS Fasteners LLC in Westport. The company says it intends to maintain employment levels and operations in Decatur County and fold the ECS product line into its Fuzion Fasteners brand. In February, Hahn announced expansion plans for its Southeastern Supply Co. division in Indianapolis, which included the creation of 20 jobs. November 21, 2013
News Release
INDIANAPOLIS, Ind. – Hahn Systems, LLC, a construction and industrial tools supplier, announced today that it has acquired substantially all the assets of ECS Fasteners LLC located in Westport Indiana. The transaction was completed as an asset purchase. All operations and employees will remain in Westport. ECS' product line will be incorporated into Hahn's private labeled Fuzion Fasteners brand and the company will become a division of Hahn Systems.
ECS is one of only a handful of domestic manufacturers of machine grade bulk nails to supply the wood pallet industry. The company has an excellent reputation for quality and on time delivery to major wood pallet manufactures throughout the United States. The combination with Hahn will allow for substantial additional capital investment in technologically advanced nail making machinery with a goal of tripling sales within the next 24 months.
Hahn Systems, which currently employs over 70 full-time employees, has already begun the process of acquiring additional equipment to build capacity and will be hiring additional sales, customer service and delivery associates.
“Hahn Systems is excited to be making this investment as part of our strategic growth plan and we have aggressive plans to build the new Fuzion division,” said Scott Brown, president of Hahn Systems. Fuzion will be increasing its manufacturing capacity by more than 100 percent in the next six months alone and we will hire additional personnel to keep pace with forecasted revenue increases. We feel this is an ideal time to be investing in state of the art manufacturing located right here in Indiana.
Founded in 1938, Hahn Systems distributes construction and industrial materials, including tools, nails, staples, abrasives and MRO supplies. The company added lines which include lumber, drywall, ceiling tile and other contractor supplies to its service offerings through the purchase of Southeastern Supply Company in June 2012. Operating five facilities in Indiana as well as facilities in Kentucky and Michigan, Hahn Systems supplies tools and materials to wood-based manufacturers, residential contractors and commercial contractors across the Midwest.
Source: Hahn Systems LLC