SUMMER 2023
Distributor's Link Magazine Summer 2023 / Vol 46 No 3
Distributor's Link Magazine Summer 2023 / Vol 46 No 3
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THE DISTRIBUTOR’S LINK 121<br />
AFC Industries has acquired Arlington<br />
Texas based QFC Industries (QFC Industries,<br />
fasteners). Terms of the deal were not<br />
disclosed.<br />
Founded in 1973 as Quickway Fastener<br />
Company, Inc. and later being rebranded<br />
as QFC, the company is a distributor of<br />
fasteners and other small components to a<br />
diverse group of manufacturing and assembly<br />
customers in the United States, Mexico,<br />
Europe and China.<br />
QFC owner and president Clay Roark said,<br />
“Our team and our business have been<br />
successful and were growing, so it was not<br />
an easy decision to sell, and once we decided<br />
to do so, we had many potential partners that<br />
we could have selected. We felt AFC brought<br />
a unique combination in that they have an<br />
excellent reputation both as operators on the<br />
distribution side as well as a tremendous<br />
track record for integrity and professionalism<br />
in how they handle acquisitions. We wanted<br />
to be sure our customers and our employees<br />
were going to be treated well and that we<br />
picked a partner who would do what they said<br />
they would do.”<br />
Jason Danner, Vice President of Operations<br />
for QFC, added, “QFC is well positioned to<br />
continue growing and to create opportunities<br />
for our team, customers, and suppliers. AFC<br />
understands what has made us successful,<br />
and now as part of their team, we have the<br />
depth and resources that will allow us to do<br />
even more.”<br />
AFC CEO Kevin Godin said, “We are excited<br />
to have Clay, Jason, and the QFC team join<br />
the AFC family. With QFC, we were able to<br />
find a great team that operates with the same<br />
dedication to customer service as AFC does,<br />
and allows us to address important strategic<br />
objectives. For example, QFC strengthens our<br />
presence in the South and West, deepens<br />
our capabilities in at least two key customer<br />
markets, and adds talent and depth to<br />
our support teams. We believe there are<br />
immediate opportunities on which the newly<br />
combined businesses will be better positioned<br />
to execute.”<br />
Headquartered in Fairfield OH, AFC Industries<br />
is a dynamic organization dedicated to providing<br />
supply chain management solutions for<br />
fasteners, tooling, and assembly components<br />
to original equipment manufacturers, assembly<br />
plants, and other users of these products.<br />
Their supply solutions include Vendor Managed<br />
Inventory, Stock and Release programs, Light<br />
Assembly, Kitting, and Private Labeling services<br />
amongst others. AFC supports a diverse base<br />
of manufacturers across a broad range of<br />
industries. Their experienced team has a proven<br />
track record of helping manufacturers and<br />
assemblers reduce cost, improve quality, and<br />
increase efficiency.<br />
For more information about AFC Industries visit<br />
them online at www.afcind.com.