Electronic Fasteners, Inc.

Waltham Massachusetts US 2454

About Seller: In 1960, six families identified the need for consistently high-quality electronic components in rapidly expanding high-tech industries. These industries also required suppliers who understood their specific needs and could provide expert services and products to meet those needs. That same year, Electronic Fasteners Inc. (EFI) was established in a small office in South Boston. The company's focus was on offering a wide range of fasteners, with a specialization in military-grade fasteners for the electronics, aerospace, and defense sectors. EFI experienced significant growth, achieving profitability in its first year. By 1965, the company had relocated from a 3,500 square foot basement to a 20,000 square foot warehouse, with another 10,000 square feet added in 1972. Today, EFI remains a family-owned wholesale distributor of fasteners and related products and services. Five of the original founding families are actively involved in the company, bringing generations of industry experience to their customers. Below are key highlights of our business: - EFI operates out of a 30,000 square foot facility in Waltham, Massachusetts, with a workforce of forty employees. - With a 55-year history of steady growth, minimal debt, and a Dun & Bradstreet credit rating of 3A1, EFI has a strong financial foundation. - The company boasts a highly committed and experienced workforce with low turnover rates, some employees having been with EFI for over 30 years. - EFI serves a diverse range of customers, from small auto repair shops to US military contractors and MRO facilities nationwide. - In addition to standard inch and metric fasteners, EFI specializes in hard-to-find items, specialty fasteners, military standard fasteners, and made-to-print fasteners. - The company also stocks a variety of tools and accessories for fastener applications, such as hex keys, adhesives, gloves, and abrasives. - EFI's on-hand inventory exceeds $2 million, comprising 25,000 different items and over 100 million pieces. - Customized services are available to meet specific cost-effective fastener procurement needs, including inventory management, kitting, secondary processing, and custom labeling. - EFI holds an ISO 9001-2008 certificate and offers custom inspection services. - Utilizing ERP software, EFI ensures prompt and accurate customer service by providing real-time information on stock levels and customer requirements. - The company's motto is to deliver the right quantity of the right fastener at the right price, on time, every time.

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