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07.01.06

WAGNER/GRABBER ACQUIRES SCORPION FASTENERS

Scorpion Fasteners acquired by John Wagner Associates, Inc (“JWA”) JWA and Scorpion to join forces with product offerings to customers and leverage synergies in procurement

East Windsor, CT – June 30, 2006- Dan Onofrio, President and Owner of Scorpion Fasteners, Inc., announced today the expansion of the relationship of his company with John Wagner Associates, Inc. JWA has acquired Scorpion Fasteners as part of its continued commitment to being associated with the most progressive and innovative companies in a market channel. Scorpion Fasteners has long enjoyed a strong reputation in the northeast regions of the US and will be operated as a separate division of JWA. Scorpion’s addition to JWA will augment its ability to continue to offer productivity enhancing products to the construction trades currently provided by its Grabber® Construction Product’s division; John Wagner Associates GmbH Germany and John Wagner Associates, Canada.

Scorpion Fasteners was founded in 1975, originally specializing in fasteners for metal buildings and steel roof deck construction. Today, Scorpion Fasteners produces full lines of fasteners for drywall, acoustical, decking, light steel and wood related applications. Scorpion Fasteners maintains its headquarters in East Windsor, Connecticut.

To help facilitate the transition, Mr. Onofrio will remain in an advisory capacity at Scorpion Fasteners and is excited to help bring a wealth of new product offerings to Scorpion customers.

JWA welcomes Scorpion Fasteners to their family of companies. “This progressive relationship will allow these two companies to effectively synergize their collective knowledge into a larger and more efficient vehicle to deliver the best, most technologically advanced products in the industry today,” states Doug Holmberg, National Sales and Marketing Director of Grabber Construction Products.

For more information on John Wagner Associates, Inc., please visit www.johnwagnerassociates.com. For more information on Scorpion Fasteners, please visit www.scorpionscrews.com.

The Drake Group LLC is pleased to welcome the following new Preferred Vendors: MBA, Polytak, Glasteel, Rectorseal (purchased Flamesafe from W R Grace) and Nu-Wave manufacturing (formerly Perry Manufacturing).

The Steel Stud Manufacturers Association (SSMA) has developed a Code Compliance Certification Program for member manufacturers to certify that structural cold-formed steel framing complies with IBC 2006 code requirements.  Click on the link for more info and a list of Certified Manufacturing Facilities.
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