News

Reprinted from Smart Business Magazine

This year’s Business Longevity Award honorees are proof that hard work and a commitment to excellence can pay off. These 44 companies were built on timeless values and principles that set the stage for generations of economic achievement.

Buckeye Fasteners and its member companies under the Fastener Industries, Inc. umbrella have received recognition for their effort in preventing accidents and injuries in the workplace by the Cleveland Southwest Safety Council and Berea Chamber of Commerce.

Plan-E-Tech, sister company of Buckeye Fasteners, specializing in nail and bolt manufacturing industries, has recently made a major investment in new equipment and tooling in order to expand their product lines and options for customers. Buckeye Fasteners and Plan-E-Tech frequent…

Pat Finnegan did not come to Buckeye Fasteners to become the company’s president and CEO. Back in 1980, the CPA and graduate from the University of Notre Dame was content to lead the company’s accounting department.

The employee owned companies of Fastener Industries Inc. (Berea, OH) produce some of the most basic products in manufacturing: nuts, bolts, screws, levelers and pins. It began with the Ohio Nut & Bolt Co., founded in 1905 to produce bicycle chains. The company switched to employee ownership in 1980. As acquisitions occurred, those companies were converted to employee ownership as well.