In the mid-1960s, Stephen Frantz and Arvin Tap started a small company whose purpose was to buy, refurbish, and sell used machine equipment. When the partners purchased a piece of cold forming equipment, they soon discovered that there was little demand for this type of equipment in the Western Michigan area. Rather than selling the equipment, the two partners changed the focus of the business: from rebuilding and reselling equipment to the manufacturing of special fasteners.
Under the leadership and hard work of these two entrepreneurs, Fastco (then known as Fast Machine) took off and was incorporated in 1970. In December of 1973, Fastco outgrew its original location on the south side of Grand Rapids, moving to its present location in Walker, Michigan. From a modest, 30,000 square feet facility, Fastco has expanded to three buildings and 150,000 square feet on its Walker campus.
Its Large Investments in the Company Have Continually Improved Its Processes.
How Does Fastco Bring Specialty Cold-Headed Fasteners to Market Faster than Any Other Production Manufacturer?