Anderson Mfg. purchased by Ferriere di Stabio

Anderson Mfg., a manufacturing business based in Bristol, Wis., has announced it has been purchased by Ferriere di Stabio (FdS), a privately held European manufacturer of stainless steel, special alloys, and standard and special bolts.

"We were attracted to the company's solid history of developing specialty fasteners for the automotive industry," said Roberto Marzorati, one of the owners of the family-owned Ferriere di Stabio. "Our plans are to invest in a business development program targeting the automotive industry while adding the customers we currently serve.” Marzorati continued that in addition to adding new technology to the plant, the five-year plan for Anderson is to expand its reach among NAFTA partners.

Tim Cash, the current president of Anderson, will continue in his leadership role as the company expands. The firm, which runs three shifts daily at a 52,000-sq.-ft. facility, provides engineered fasteners and components to the electronics, medical, furniture, battery, appliance, housewares, and hardware industries.