Cincinnati-based The Hillman Companies Inc. and The Hillman Group Inc. acquired Tyler, Texas-based Hargis Industries LP, doing business as ST Fastening Systems. ST Fastening Systems’ headquarters will remain in Tyler and it will maintain a distribution center in Cincinnati. ST Fastening Systems will continue to be led by Bruce Crouch, president and COO.
Greg Gluchowski, CEO at The Hillman Group, said, “We are excited to have [ST Fastening Systems] join the Hillman family,” said . “Bruce is a great addition to the Hillman leadership team and we look forward to the contributions that he and his team will bring to Hillman. [ST Fastening Systems’] product lines and operational capabilities will expand our presence in strategically important commercial and industrial markets.”
Crouch said, “I am excited to partner with Hillman to build on the great momentum we have created at [ST Fastening Systems] to the benefit of our employees and our customers. I would also like to thank Joe Hargis, the founder of [ST Fastening Systems], for his vision, passion and contributions that have made this moment possible.”