Field Fastener announced on 12/18/19, that they have achieved their goal of reaching $100 Million in sales. This accomplishment is a huge validation of the commitment to serve their customers and utilize their culture as a competitive advantage over the past 29 years!
“When the company went to Vegas to celebrate our 20 year anniversary, I boldly predicted we would continue to grow at about 19% per year and, as a result, would be a $100 million company in 8-10 years,” said Field Chairman Bill Derry. “I believed it then, others started believing as we grew, and we all believe it now!”
Bill and Jim Derry, brothers and owners of Field Fastener, purchased the business from Dick Field in 1990. The value proposition was clear from the beginning – be the best in the industry at reducing costs from a technical approach to fastening and provide world class VMI programs that always ensure part availability while continuously improving processes. Fast forward 29 years later, and this is still an approach that Field Fastener prides themselves on.
“The past 29 years has been an amazing journey as an organization,” said President Jim Derry. “The Field Team has done an incredible job embracing our culture and living out what we stand for. Our Team is committed to doing whatever it takes to support our customers and each other. This creates an extremely positive environment that people thrive in. One of the highlights of the past 29 years is that so many Team Members have developed personally, professionally, and taken on much greater levels of responsibility. The positive and upbeat attitudes in our facilities are contagious. The best part of all of this is that our BEST days are yet to come, we’re just getting warmed up!”
Field Fastener has put a large focus on culture and investing in their team. With core values like integrity, commitment, teamwork, innovation, flexibility, and fun, Field Fastener has really put their mission statement to work, which is “To have everyone who interacts with us, LOVE US!” As a thank you for all the hard work, Bill and Jim are sending the entire company on a trip to Cancun, Mexico in May of 2020. Field would like to thank all of their customers, suppliers, and the Field family, who have all played a huge role in achieving this milestone!
UPDATE: 11/8/2021
The momentum built around the $100 Million in annual sales has not slowed down just yet. After rescheduling the Cancun trip from May 2020 to November 2021, the Field team is excited to share that this is the week. The countdown begins as we all prepare to celebrate in Cancun as a company at the end of this week.