Berea, OH-based Fastener Industries Inc. — the parent company of a group of employee-owned fastener distributors — has added another regional company to its portfolio.

FI announced March 18 that it has purchased Die Co. Inc. as a wholly-owned subsidiary. Based in Eastlake, OH, Die Co. was founded in 1963 by Donald Hawk and has been operated by the Hawk Family for six decades since. The firm is a manufacturer of spring steel fasteners and metal stampings, serving distributors large and small.

FI said all Die Co. employees will be retained, and the company will continue to operate under its current name.

Terms were not disclosed.

“Die Co., Inc. is the perfect fit for our Fastener family, from their complimentary line of products, solid financial result, and well-run operations to their culture and positive focus on their employees,” FI CEO Bob Perry said in a news release.

Die Co. joins FI’s family of distributors that include Buckeye Fasteners Co., Modern Fasteners Co., Ohio Nut and Bolt Co., Ohio Nut & Bolt of Canada Ltd., Brainard Rivet Co., Joseph Industries Inc. and Plan-E-Tech Industries Inc.

“Die Co. was built on quality products, outstanding customer service, and having a good place to work. Fastener Industries exemplifies those values,” said Die Co. General Manager Mike Hawk, the son of company founder Donald Hawk. “The ESOP is an added benefit for our people and the long-term future of Die Co. We are honored to become part of the Fastener Industries family.”