In 1960, Electronic Fasteners opened its first office in Waltham, Massachusetts. Even in its infancy, the company enjoyed great success, posting profits in its first year before expanding to a new warehouse (greater than five times the first office’s size) five years later. Throughout our history, we have been firmly committed to growth, excellent service, and providing high-quality products to our customers. This is why our recent acquisition by OneMonroe (Monroe Engineering) is the next step in our evolution.
OneMonroe also boasts a rich history – founded during the 1920s with a focus on tooling components used in automobile manufacturing. To expand the number of products and services the company can offer its clients, OneMonroe’s approach has been to acquire companies that complement their current product lines and increase value and industrial expertise. Electronic Fasteners was one that easily fit the bill.
Electronic Fasteners has long offered a wide range of products, but as part of OneMonroe, this will now include casters, magnets, knobs, hinges, gas springs and so much more. As a customer, you now can turn to one vendor for a wider range of products, which can give you more buying power and a singular point of contact.
And, if you’ve been relying on Electronic Fasteners for our vendor-managed inventory (VMI) services, you can continue to count on OneMonroe. The only difference is that with a greater range of products, you can simplify your inventory management processes with more than just fasteners.
The same quality you’ve come to expect from Electronic Fasteners is the same quality you’ll continue to receive. OneMonroe is both AS9100D and ISO 9001:2015 certified, which means nothing will change when it comes to the quality of the products you’ll receive. OneMonroe’s client base spreads across a diverse range of manufacturers, distributors, and catalog houses across several vertical markets including aerospace/defense, automotive, medical, transportation, and many more. Add this to our diverse client base and you’re in good company.
Ultimately, OneMonroe is committed to helping customers succeed, which aligns with how we approach our client relationships. As part of OneMonroe, we look forward to this exciting new chapter of Electronic Fasteners and continuing to serve our loyal customers. If you’re looking for more information on how the acquisition of Electronic Fasteners may affect you, contact our team today.