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Home > Company Index > Manufacturing > Hardware & Fasteners > Federal Screw Works

Federal Screw Works
Nasdaq (SC): FSCR
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 PROFILE
No, it's not the IRS. Federal Screw Works is a manufacturer of fasteners and related items, primarily for the auto industry, which accounts for about 90% of sales. The company produces high-volume lots to the specifications of OEMs. More than 40% of sales are to Ford Motor and about 15% to General Motors. Nonautomotive sales are mainly to manufacturers of durable goods. Its products include locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground-metal parts. Federal Screw Works' six manufacturing plants are located throughout Michigan. The company is about one-fourth owned by the ZurSchmiede family, which includes four company executives.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 121.80
1-Yr. Sales Growth: 2.7%
Employees: 474
Revenue per employee: $256,962.03

 KEY PEOPLE
• W. T. ZurSchmiede
    CEO

 CONTACT INFO
20229 Nine Mine Rd.
St. Clair Shores, MI 48080
US
Phone: 810-443-4200
Fax: 810-443-4220
Online: Web Site

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