TFC has become an operating business unit of AFC Industries, a value-added provider of fastener solutions and vendor managed inventory (VMI) based in Ohio, USA. TFC is a leading provider of VMI solutions and technical engineering products based in the UK, Germany and the Czech Republic, making the two businesses a natural fit. TFC will continue to be managed by its current management team and will now be known as TFC, an AFC Industries company.
AFC Industries is a full-service industrial distributor offering VMI services, kits, fixture assembly, private labeling and other supply chain solutions to OEMs, utilities, distributors and users of C-Class components in the US . Headquartered in Heathfield, with facilities in the UK, Germany and the Czech Republic, TFC has been a leading supplier of VMI solutions and technical engineering products for 60 years, managing both specialist and c-class components. Its service offering is closely aligned with AFC Industries, as is its customer-centric approach to supply chain management solutions.
“I believe the two businesses are a natural fit for each other and with AFC’s significant support, TFC will further strengthen its operational reach in existing territories and expand into new regions across Europe,” said Morgan Burgoyne, CEO of TFC . “I am truly excited about this new chapter for TFC and the growth opportunities it will bring to all parts of our business.”
“We have been looking for some time to be able to better support customers in Europe, but it was critical to find the right team that shares AFC’s values and commitment to performance,” added Kevin Godin, CEO of AFC Industries. “We recognized in TFC a similar commitment to customer service, team culture and execution that have been central to AFC’s success. We are thrilled to have Morgan and his team join the AFC family and support them in their continued growth.”
To learn more about working with TFC, visit its website https://tfc.eu.com/.