
McCoy Bolt Works manufactures and markets large, rugged, high stress fastening application products, specializing in threaded steel suspension fasteners for the heavy truck industry.
McCoy Bolt Works, Inc. was founded in 1948. Originally, the business operated as a contract job shop, primarily supporting the International Harvester plant located in Fort Wayne, Indiana (closed in early 1980s). In the early 1970s, McCoy began to expand into production of large diameter suspension u-bolts for medium and heavy duty trucks. McCoy is privately owned, and the current owners acquired the company in 1987. By the beginning of the 21st century, McCoy Bolt Works became, and continues to be, the largest supplier of suspension u-bolts to original manufacturers of Medium-to-Heavy Duty Trucks and Buses in North America.
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Raw material pricing will remain a major challenge for steelmakers, with ferrous scrap in short supply and a switch to shorter contract terms for iron ore a momentous development for buyers, speakers at the Critical Commodities Conference in New Orleans said.
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Steel and Input Costs Economics 2010
The expectation for 2010 is the return of inflation across the economy, with the magnitude and timing of economic recovery directly correlating to the magnitude and timing of inflation. Commodity prices are already increasing on the expectation of demand recovery.
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