From Humble Beginnings to an Employee Owned Empire with Billy Duren, Threaded Fasteners
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From Humble Beginnings to an Employee Owned Empire with Billy Duren, Threaded Fasteners
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It’s rare to come across a company that has evolved as profitably or organically as Threaded Fasteners, Inc. While it’s tempting to award all the credit to Billy Duren, president and CEO of the Alabama-based manufacturer and distributor, he’d be the first to tell you that the company’s success is wholly due to the creativity of its employee-owners.
Jason caught up with Billy to learn more about the organization’s dynamic growth and its legacy of innovation, both of which were made possible by a succession plan that centered around an Employee Stock Ownership Plan (ESOP).
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Threaded Fasteners, Inc.
Nuts & Bolts Of Leadership
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Distribution Talk is produced by The Distribution Team, a consulting services firm dedicated to helping wholesale distribution clients remove barriers to profitability, generate wealth, and achieve personal goals.
This episode was edited by The Creative Impostor Studios
Special thanks to our sponsors for this episode: Profit2, helping distributors charge the right price; and INxSQL Distribution Software, an integrated distribution ERP software designed for the wholesale and distribution industry.