Spartan Fastener to acquire American Jebco.

Spartan Fastener, a manufacturer and distributor of high-performance fastening solutions, agreed to acquire American Jebco, a supplier of specialty fasteners and rivets. Financial terms were not disclosed. "This acquisition marks a major milestone in our growth strategy. American Jebco shares our commitment to excellence. Together, we are better positioned to serve our customers with industry-leading quality, shorter lead times, and expanded offerings. The return of U.S.-based manufacturing, combined with our substantial production capacity, makes this the right time to join forces to capitalize on the opportunities in the fastener industry," Tim Cash, Spartan Fastener CEO.