COMPANY·HISTORIES
NAIC 332722

Bolt, Nut, Screw, Rivet, and Washer Manufacturing

How the companies in this industry began, and the forces that shaped them.

12companies1903–1953founding years12still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedSPS Technologies, Inc.FoundedSPS Technologies, Inc.
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
FoundedRockford Products CorporationFoundedRockford Products Corporation
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
FoundedHilti AGFoundedHilti AG
1941
FoundedPenn Engineering & Manufacturing Corp.FoundedPenn Engineering & Manufacturing Corp.
1942
FoundedAdolf Würth GmbH & Co. KGFoundedAdolf Würth GmbH & Co. KG
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedThe Marmon Group, Inc.FoundedThe Marmon Group, Inc.
1953
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

SPS Technologies, Inc. →
Active · founded 1903
SPS Technologies, Inc.
SPS Technologies, Inc. →
Active · founded 1903
SPS Technologies, Inc.
Rockford Products Corporation →
Active · founded 1929
Based in Rockford, Illinois, Rockford Products Corporation is a worldwide manufacturer, importer, and distributor of…
Rockford Products Corporation →
Active · founded 1929
Based in Rockford, Illinois, Rockford Products Corporation is a worldwide manufacturer, importer, and distributor of…
Hilti AG →
Active · founded 1941 · Liechtenstein
Hilti AG is the largest industrial corporation in tiny Liechtenstein and one of the world's leading manufacturers of…
Hilti AG →
Active · founded 1941 · Liechtenstein
Hilti AG is the largest industrial corporation in tiny Liechtenstein and one of the world's leading manufacturers of…
Penn Engineering & Manufacturing Corp. →
Active · founded 1942
When Penn Engineering & Manufacturing Corp.
Penn Engineering & Manufacturing Corp. →
Active · founded 1942
When Penn Engineering & Manufacturing Corp.
Adolf Würth GmbH & Co. KG →
Active · founded 1945 · Germany
Adolf Würth GmbH & Co.
Adolf Würth GmbH & Co. KG →
Active · founded 1945 · Germany
Adolf Würth GmbH & Co.
The Marmon Group, Inc. →
Active · founded 1953
The Marmon Group, Inc., one of the largest privately owned organizations in the United States, is in essence a holding…
The Marmon Group, Inc. →
Active · founded 1953
The Marmon Group, Inc., one of the largest privately owned organizations in the United States, is in essence a holding…
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