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G.L. Huyett Acquires Precision Specialties LLC
G.L. Huyett, an ISO 9001 certified manufacturer, master distributor, and importer of non-threaded fasteners and grease fittings, recently acquired Precision Specialties, LLC., of Collierville, Tennessee.
On Monday, October 19, 2015, G.L. Huyett announced its acquisition of Collierville, TN, based Precision Specialties, LLC., a privately held fastener distributor.
G.L. Huyett’s CEO, Tim O’Keeffe, explained “This acquisition compliments G.L. Huyett’s strategy to grow our business exponentially through the addition of a broader customer base that includes Original Equipment Manufacturers (OEMs), an increased number of product lines and suppliers, and an extended footprint with a larger talent pool.”
Since 1981, Precision Specialties has distributed a diverse range of industrial and specialty fasteners for automotive, electrical, industrial, and safety industries across North America. In addition to their own brand of spring washers, wave washers, and belleville washers, Precision Specialties distributes AVK® threaded inserts, studs, and tools; Oetiker® connecting and mounting clamps, rings, straps, quick connectors, and tools; and A Raymond Tinnerman Palnut push-nuts, retainers, and plastic nylon fasteners.
“We feel this is a great opportunity to grow our operations as Precision Specialties’
About G.L. Huyett
Established in 1906 by Guy Huyett in the “other Minneapolis,”