Portland Bolt & Manufacturing Co., LLC, a leading domestic manufacturer and global provider of anchor bolts and nonstandard, custom fasteners, said it has acquired the South Carolina manufacturing and galvanizing operations of Southern Anchor Bolt Co.
Financial terms weren’t disclosed.
Officials said the acquisition highlights Portland Bolt’s strategy to expand its U.S.-based manufacturing footprint into the East, while continuing to offer customers industry-leading delivery times, service, and enhanced dependability.
They said the combined company will offer an increased selection of made-to-order galvanized or plain anchor bolts, rods, studs, and other manufactured and distributed products.
Together, the footprint will allow the companies to reach 100 percent of U.S. customers within two business days, the officials said.
“We are excited to welcome the Southern Anchor Bolt team to the Portland Bolt family of companies,” said Blake Ray, CEO of Portland Bolt. “Their product quality and commitment to being a preferred supplier in our industry is a good fit with our team."
Ray added, "Portland Bolt has a significant customer base on the East Coast, and this acquisition strengthens our ability to provide the best customer service and delivery to new and existing customers.”
Leslie Yanizeski, president of Southern Anchor Bolt, will continue to manage the daily operations.
Founded in 1912, Portland Bolt operates out of a 137,000-square-foot Portland, Oregon, facility and ships its products to a global customer base in over 30 countries.
The company services a diverse group of end markets, including government and infrastructure, non-residential construction, general industrial, steel fabrication, and more.
Located in North Augusta, South Carolina, and founded in 1966, Southern Anchor Bolt is a domestic manufacturer of embedded anchor bolts.
