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Manufacturing industry news
News Release from: Challenge (Europe)
Edited by the Manufacturingtalk Editorial
Team on 12 June 2003
Fastener business undergoes management
buyout
Challenge (Europe), a new name in the fastenings and supply industry, has taken over the business of Challenge Industrial Fastenings following a management buy-out by its two main directors.
Challenge (Europe), a new name in the fastenings and supply industry, has taken over the business of Challenge Industrial Fastenings with a management buy-out by its two main directors with over 50 years combined experience in fastenings, fixings and supply Challenge (Europe) specialises in high quality service and very competitive prices for companies who need specialist expertise in their supply package
This article was originally published on Manufacturingtalk on 25 Jun 2001 at 8.00am (UK)
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Supplying bar-turned nuts in many materials
The rapidly advancing requirements of specialist engineers for precision nuts in areas such as electronics can now be met by Challenge Industrial Fastenings with their range of bar turned parts.
Traditional nuts, bolts, screws and washers are available in depth with many unusual threads and finishes as standard items.
This stock profile has been widened to cover custom components from spring clips to gear wheels.
Challenge can call on great depth of expertise and a well established group of strategic partners to offer custom supply packages, including lubricants, abrasives and tools if required.
The changing demands of the manufacturing industry are met from electrical, electronic, mechanical and construction industries.
Says Managing Director Jim Mooney: "There is definitely a gap in the market for a high quality service package based around fastenings products, and we are determined to meet that need." Challenge's role as distributor of threaded fastenings is greatly enhanced by their ability to offer custom products and to become involved in the engineering/sourcing process, thereby taking the load off customer buying departments and providing genuine added value in the supply chain.
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