Field Acquires Cascade Nut and Bolt, Inc.

Field, a leading provider of fastening solutions, is pleased to announce the acquisition of Cascade Nut and Bolt, a fastener distributor located in Salem, Oregon. This strategic acquisition will enhance its ability to serve a broader range of industries and expand their geographical footprint to service current and prospective customers.

Field has grown on average 18% per year since 1990 and attribute that growth to its unique culture and helping customers save money through their world class VMI programs and engineering support. The culture is people focused and places a high value on team members, customers, and suppliers. Cascade specializes in supporting the structural market and industrial OEMs in the Pacific Northwest. Both companies become stronger by joining forces and better equipped to continue to support customers and drive growth.

“We are excited to welcome the Cascade team to the Field family,” said Adam Derry, president of Field. “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.”

Tom Boline, president of Cascade Nut and Bolt, will stay on and serve as their sales leader to grow structural throughout Field’s footprint and the Northwest industrial market. “It was clear very early on in the acquisition process that our two companies had virtually all the same values,” he said. “As a result, I am extremely excited to have the opportunity to expand Cascade’s structural steel expertise utilizing the extensive distribution footprint of Field and professional sales experts across the country.”

Cascade Nut & Bolt (CNB), headquartered in Salem, Oregon, was established in 1997 with a staff of highly motivated and qualified people who are experienced in the fastener distribution industry. CNB provides a full-time professional staff which includes outside sales representatives to service the surrounding areas. Their fleet of trucks and full time delivery drivers respond to customer needs on a daily basis producing fast daily service along the interstate network establishing an excellent record for on time delivery. Quick overnight shipments are available as well. You can find both standard and metric fasteners at CNB, including all grades and materials, and no job is too small for their custom fabrication shop. CNB has on-site inventory management, competitive pricing, and dedicated staff to serve your building and business needs. To learn more about Cascade, please call 888.511.1005, or visit them at www.cascadenutandbolt.com.

Derry Enterprises, Inc. acquired Field, a global distributor of fasteners and other small components to the OEM market, in 1990. They are the best in the industry at providing ongoing cost reduction through both technical support services and inventory management systems. Over the past 34 years, Field has averaged 18% annual growth each year and for the ninth time in the last twelve years have been recognized by Inc. Magazine as one of the fastest growing privately held companies in America. To learn more about Derry Enterprises and Field, please call 815.637.9002, or visit them at www.fieldfastener.com.