Chamber of Commerce
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Bolivar Lands Fastenal Franchise
14 September 2010
Anyone in the market for industrial fasteners, screws and bolts will be thrilled to hear Bolivar has been named the newest site for a Fastenal retail location.
Brad Daugherty, Fastenal's Jackson-based district manager announced the selection late last week following formal lease negotiations for the old Dollar Barn building on East Market Street.
"We've been looking at Bolivar for a long time," remarked Daugherty, adding "we're very anxious to start operations before the first of November." Chamber of Commerce Director Rob Jensik echoed Daugherty's remarks, stating "Fastenal is an outstanding national franchise. For Bolivar to attract this kind of a business is a real statement about how far we've come in just a few short years."
Offering more than 100,000 different kinds of hardware fasteners, ranging from simple screws to thread repair kits, Fastenal has expanded from its flagship franchise in Winona, Minnesota to more than 2,300 outlets nationwide. Corporately, Fastenal provides a variety of industrial services to include inventory management, process mapping and custom fabrication of weld-to-length band saw blades, hoses and cable.
Daugherty stated the store would be hiring a manager and two sales people at the outset, but would look to expand the workforce based on the level of sales.
"This is an excellent location and we foresee lots of good things for Bolivar and Hardeman County," noted Daugherty. "We're really pleased to be a part of this community."
Kilgore Flares Company lands $42M in vital Countermeasure Decoy Flares from the U.S. Dept. of Defense
The United States Army, Rock Island Contracting Center at Rock Island, Illinois has awarded Kilgore Flares Company, LLC ("Kilgore") IDIQ (indefinite delivery/indefinite quantity) contract for the supply of M206, MJU-7A/B, and MJU-10/B infra-red (IR) decoy flares to the US Department of Defense. The flares are used by the US Army and US Air Force to protect both fixed wing and rotary wing aircraft from the threat of IR guided missiles. The contract extends over a five year period, and has a maximum potential value of $804 million. A first delivery order at a value of $42 million, for delivery in 2010 and the first quarter of 2011, has already been placed at Kilgore.
Kilgore manufactures the M206, MJU-7A/B, and MJU-10/B decoys in its automated Infra-Red (IR) grain manufacturing complex, and state-of-the-art flare assembly facilities, in Toone, TN. For more than 20 years, the company has delivered over 17 Million of these life-saving devices, with over 1.2 million of them in the last year alone.
Kilgore's President, Chris Watt stated: "We have been recognized by our government customer as a responsive and dedicated supplier, who continually delivers an outstanding quality product. Providing highly reliable self-protection countermeasures for U.S. and Allied military platforms is core to the Kilgore mission, and this award is a testament to that commitment. We know our troops rely on these combat-proven decoys, and we are going to continue do our part to ensure we deliver the products that keep them out of harm's way and returning home safely."
About Kilgore Flares Co., LLC
Kilgore, a wholly owned subsidiary of Chemring Group, PLC, is the world's foremost developer and producer of airborne expendable pyrotechnic IR decoy flares. Kilgore was the first to introduce automation to the production of IR decoy flares, bringing workplace safety to levels never before experienced within the industry. Kilgore achieved over 2 million man-hours without a lost time incident in 2007, and is currently on track to accomplish the same in 2009. This is a rare feat in any manufacturing segment and demonstrates Kilgore's rigid adherence to workplace safety standards. Kilgore's automated facilities, coupled with its strict compliance to ISO9001:2000 manufacturing standards, ensure the highest levels of safety and quality, providing the US DoD and its Allies with a highly reliable source for their airborne expendable countermeasure needs.
In addition to airborne expendable countermeasures, Kilgore produces naval and land expendable countermeasure products, 120mm tank ammunition primers, small caliber ammunition LAT services, and various other ordnance products, including marine location markers and practice bomb signal cartridges. More information can be found online at www.kilgoreflares.com.
For inquiries contact:
Bill Heinsohn, EVP Business Development
North America Countermeasures
- Hardeman County Leadership Class of 2009 graduates