OMG Acquires PAM Fastening Technology
By mdm , 2013-11-18 12:00:00
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OMG Inc., a manufacturer of fasteners and building products for commercial and residential construction applications, has acquired PAM Fastening Technology Inc. of Charlotte, NC. Terms were not disclosed.
PAM has two distinct product lines: auto feed screw systems and collated screws for decking and flooring, and hot melt tools and adhesives for flooring and carpet installation, which are sold throughout the U.S. and Canada under the PAM and Buhnen brand names. OMG plans to integrate PAM into its FastenMaster business.
Hubert McGovern, president and CEO of OMG, said the acquisition strengthens FastenMaster's position in the exterior deck market, offers growth opportunities in sub-flooring and will help to expand the FastenMaster brand with hot melt adhesives.
OMG will continue to operate PAM from its existing facilities in Charlotte initially, but plans to transition the business to Massachusetts over time.
