Portland, OR - April 30, 2025 - Portland Bolt & Manufacturing Co., LLC (Portland Bolt), a leading domestic manufacturer and global provider of anchor bolts and nonstandard construction fasteners, today announced it has acquired Applied Bolting Technology (Applied Bolting), a Vermont-based manufacturer of industry leading Direct Tension Indicating washers (DTIs).

The acquisition supports Portland Bolt’s strategy to expand its geographic footprint, domestic manufacturing capabilities, and further grow its global relationships in structural and industrial bolting applications. Applied Bolting’s proprietary Squirter^® DTIs provide a visible indication of proper bolt tension, simplifying installation and inspection processes, and increasing bolting accuracy.

“We are excited to welcome the Applied Bolting team to the Portland Bolt family,” said Blake Ray, CEO of Portland Bolt. “Applied Bolting’s innovative products, strong customer relationships, and passion to educate the industry complement our existing businesses and will enable us to deliver even greater value to our clients across the world.”

The acquisition strengthens Portland Bolt’s position in the fastener industry and furthers its long-term growth strategy to expand into adjacent product categories while maintaining best-in-class service and lead times. Applied Bolting’s leadership, first-in-class technical team, and operations will remain in Bellows Falls, Vermont.

“We’re excited to partner with Portland Bolt and take the next step in Applied Bolting’s journey,” said John Cummings, President of Applied Bolting. “Our combined capabilities will allow us to grow our footprint, expand our offerings, and continue delivering high-performance solutions to our customers.”