HWC NAMES MEGLIOLA AS PRESIDENT OF VERTEX DISTRIBUTION

Megliola brings decades of fastener experience honed across sales, marketing, and operations.

Vertex Distribution, a division of HWC (NASDAQ: HWCC), is pleased to announce that Richard "Rich" Megliola has joined the team as President of Vertex Distribution. Rich began his career in the fastener industry after acquiring a degree in Marketing from Kean University when he took an Inside Sales Representative role at Reynolds Fasteners, Inc. During Rich’s long career at Reynolds, he helped grow sales from $29 to $200 million while rising to the role of Vice President of Sales & Operations. He was named president of Reynolds Fasteners’ sister company Atlas Screw & Specialty Corporation after they were acquired by Heads and Threads International, LLC. Following leadership roles with Stelfast Inc.as COO and Titan Fastener Products Inc. as EVP, Rich was named Director of Sales North America for Acument Global Technology, a division of the world’s largest fastener manufacturer with over $1.2 billion in annual sales, Fontana Gruppo Special Fasteners. Rich is married with 2 children and resides just outside of Chicago. Rich is currently serving as a Board Member

Rich began his career in the fastener industry after acquiring a degree in Marketing from Kean University when he took an Inside Sales Representative role at Reynolds Fasteners, Inc. During Rich’s long career at Reynolds, he helped grow sales from $29 to $200 million while rising to the role of Vice President of Sales & Operations. He was named president of Reynolds Fasteners’ sister company Atlas Screw & Specialty Corporation after they were acquired by Heads and Threads International, LLC.

Following leadership roles with Stelfast Inc.as COO and Titan Fastener Products Inc. as EVP, Rich was named Director of Sales North America for Acument Global Technology, a division of the world’s largest fastener manufacturer with over $1.2 billion in annual sales, Fontana Gruppo Special Fasteners.

Rich is married with 2 children and resides just outside of Chicago. Rich is currently serving as a Board Member on the National Fastener Distributors Association (NFDA).

About Vertex Distribution

Founded in 1881 as the Pawtucket Manufacturing Company, Vertex Distribution traces its roots to the dawn of America’s industrial revolution. Since its founding, Vertex Distribution has become a respected leader at the distribution of stainless steel and corrosion resistant fasteners, expanding its product line to encompass both inch & metric fasteners as well as hose clamps & rivets.

About HWC

Founded in 1975, HWC (www.houwire.com) is a national leader in the distribution of electrical wire, cable and related services - including cable management systems, mechanical wire, fasteners, as well as lifting & rigging hardware. As a master distributor with a superior national logistic footprint, HWC provides customers with the right product, at the right place, at the right time.

Comprehensive value-added services include same-day shipping, knowledgeable sales staff, inventory management programs, just-in-time delivery, logistics support, email and social media.

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