Index Industries Acquires The Spring Steel Fastener Co.
Preserving a Legacy, Powering the Future of Industrial Fastening.
September 2025
For over 40 years, Springfast has earned a reputation as a trusted import manufacturer and vital supply chain
partner to distributors like Index, delivering precision-engineered fasteners across a wide spectrum of industries.
This acquisition marks a strategic alignment of two industry leaders, combining Springfast’s heritage and product expertise with Index’s nationwide infrastructure, operational efficiencies, and commitment to innovation. Together, the companies will accelerate their ability to serve OEMs and distributors with greater speed, scale, and technical sophistication.
“We deeply respect the foundation Springfast has built over decades,” said Shane Bearly, President and CEO of Index Industries. “We’re not just preserving that legacy — we’re building upon it. This move allows us to expand Springfast’s catalog, modernize its systems, and deliver the same level of excellence that Index is known for, all while reinforcing our position as a next-generation leader in fastening and materials solutions.”
Andy Tobias, second-generation owner of Springfast, commented: “This transition couldn’t feel more right. Index shares our values, understands our customers, and brings the firepower needed to compete in an evolving global landscape. I’m proud of what we built and excited to see it reach even greater heights under Index’s leadership.”
This acquisition expands Index Industries’ sourcing capabilities, deepens its bench of technical knowledge, and enhances its global supplier relationships — positioning both brands to deliver even more value in industries ranging from aerospace and defense to industrial equipment, electrical, and consumer goods.
About Index Fasteners:
Headquartered in Ontario, California, Index Industries is a vertically integrated distributor and manufacturer of
engineered fasteners, thermoplastic substrates, injection-molded products, and industrial components. With a focus on customer-first logistics, supply chain agility, and technical product development, Index supports niche fabricators, distributors, and high-volume OEMs globally.
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www.indexind.com