Field Fastener Acquires Cascade Nut & Bolt - Modern Distribution Management

Field Fastener Acquires Cascade Nut & Bolt

The acquisition is Field’s first since early 2023, aiming to strengthen its footprint in the Pacific Northwest.
Field Fastener

Featured image courtesy of Field Fastener website

Fasteners distributor Field Fastener (Field) acquired Cascade Nut and Bolt, Inc. (CNB).

Terms of the transaction were not disclosed.

Salem, OR-based fastener distributor CNB was established in 1997. The company offers standard and metric fasteners, including all grades and materials to its customers in the Pacific Northwest.

“We are excited to welcome the Cascade team to the Field family,” Field President Adam Derry said in a Sept. 1 news release. “We’ve been very impressed by the quality of the team at Cascade and the alignment around culture. We are focused on taking care of our customers and team members.”

CNB President Tom Boline will remain with the company and serve as its sales leader to grow the Field footprint and Northwest industrial market.

Rockford, IL-based Field said it has experienced an average annual growth rate of 18% since 1990, attributable to its VMI programs and engineering support. This is the company’s first acquisition since it merged with Ohio-based Mid-State Bolt & Nut in January 2023.

Field was No. 17 on MDM’s Top Distributor’s List for Fasteners.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.