AFC Industries Acquires Chicago Industrial Fasteners

AFC Industries has acquired West Chicago-based Chicago Industrial Fasteners (https://cifbolts.com/). Terms of the deal were not disclosed.

Founded in 2003 by John and Cathy Price, CIF specializes in the supply of both standard and specialty fasteners to its customer base of original equipment manufacturers, hardware providers, and material fabricators that operate in a variety of end markets, including heavy trucking, automotive, agricultural equipment, and wind and solar power.

“When you work for many years to build a family business, it is more than just a company,” said CIF Owner Cathy Price. “It was important to us that we found a partner with similar values who was going to take great care of our customers and be a great home for our team. A friend in the industry who had previously sold to AFC suggested we talk to them. We are so glad we did. They checked all the boxes, and I am confident the future is bright for CIF and AFC.”

“This new chapter with AFC opens the door for us to continue to expand the solutions we can provide for our customers,” said John Price. “It is exciting to have more resources to keep building on the foundation of service, teamwork, and partnership that we have established over the past 20 years.”

“In CIF, we found a business built around the same core commitment to providing excellent service that we strive for at AFC,” said AFC CEO Kevin Godin. “The more we got to know John and Cathy and their team, the more obvious it was that this was a great fit. Both of these businesses are better together; each brings key resources and capabilities that strengthen the other.”

Headquartered in West Chester, Ohio, AFC Industries is a dynamic organization dedicated to providing supply chain management solutions on small components and tooling for a diverse base of manufacturers and assemblers across a broad range of industries. Through its experienced team and global resources, AFC excels at making customer manufacturing and assembly processes more efficient and cost effective. Visit www.afcind.com.

For additional questions, please contact sales@afcind.com.