MISSISSAUGA, Ontario — Hi-Tech Fasteners of Canada, Inc. of Mississauga, Ontario, recently announced that it has purchased the industrial fastener business of Wesco Aircraft Canada.
“We are very excited about the opportunity to further expand our presence throughout Canada,” said Hi-Tech Fasteners, Inc. President Tom Waller. “The added personnel, resources and experience this acquisition brings will enable us to do an even better job of servicing the growing manufacturing base we see here. I further believe our aggressive inventory strategy fills a void, and offers us greater partnering opportunities with our new and existing customers.”
In addition to the Mississauga warehouse, the acquisition will also give Hi-Tech Fasteners of Canada the opportunity to service western Canada with local inventory in British Columbia.
“We are tripling the size of our Mississauga warehouse and will also capitalize on Wesco’s presence in Vancouver,” said Hi-Tech Fasteners of Canada Sales Manager Steve Hill. “In addition to our experienced team here, we are adding some key individuals who understand the business, and more importantly, their customers.”
Based in Frederick, MD, Hi-Tech Fasteners, Inc. is a stocking distributor for dozens of engineered fastener, electronic hardware, and mechanical component lines specified by the electronics, telecommunications, medical, computer, aerospace, instrumentation, and other high-tech and commercial industries.
