Anchor (36)
Bolt Nut Washer (57)
Self Tapping Screw (17)
Self Drilling Screw (10)
Copper Fastener (3)Dynamic will become a new division for JohnDow, supplying fasteners, hardware and parts, including brake and fuel lines, wheel studs and nuts and electrical components.
Sometime between now and early 2010, Dynamic's inventory and equipment will be moved to JohnDow's 110,000-square-foot production and distribution facility on Snyder Avenue.
Vice president Mark Pfleeger said the company, which currently employs 26, will add an undetermined number of workers in the near future.
Dynamic's new name will be Dynamic Automotive Fasteners & Supplies, and its owner, Mike Davidson, will be hired by JohnDow as the division's national sales manager.
The purchase was made to help diversify the company's offerings in the automotive after-market industry, Pfleeger explained.
With the decline of the auto industry and a number of car dealers closing, service department suppliers like JohnDow have been hard hit, Pfleeger said.
''We're flat at best,'' he said, ''so we're looking at emerging parts of the business.''
Dynamic, which employed about half a dozen people, was ''maybe undercapitalized and needed a bigger company's processes and procedures to help it grow,'' Pfleeger said.
JohnDow already has a small line of nuts, bolts and fasteners, but the acquisition of Dynamic ''will turn that into a significant business for us.''