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Bossard Group : Tesla’s Preferred Fastener Supplier

Posted on September 30, 2014 Kyle Salem Bossard Fasteners

Headquartered in Zug, Switzerland, Bossard Group is a global designer and manufacturer of fastening technology—including screws, nuts, bolts, woodscrews, washers, and pins. Founded in 1831 as a hardware store, Bossard today supports a product range exceeding 800,000 items. In addition to producing fastening components, the Group also provides technical consulting (engineering) and inventory management (logistics). In the summer of 2014, Bossard won a substantial three-year contract with California firm Tesla Motors. Founded in 2003, Palo Alto-based Tesla Motors is a popular manufacturer of electric vehicles (EV), as well as EV powertrain components for partners including Toyota and Mercedes. The agreement, worth USD$140 million, is for Bossard to produce fasteners, engineering, and logistical services. The significance of this partnership has driven Bossard to open a new distribution facility near the Tesla factory in Fremont, California. This collaboration is not the first between Bossard and Tesla.

For over four years, the two firms co-designed and co-developed the innovative Model S—the world’s first premium electric sedan. Utilizing its exclusive inventory management system Smartbin, Bossard engineered, prototyped, and delivered production fasteners to Tesla. As a result of this partnership, Bossard experienced a sharply increased sales volume. Today, Bossard is a global network employing 1,800 workers across 60 international facilities. For the fiscal year 2013, Bossard Goup reported USD$653 million in revenues. 63% of sales stems from Europe, 22% from America, and 15% from Asia. ASAP Semiconductor is a leading distributor of Bossard Group parts. We are ISO 9001-2008 certified, ASA 100 accredited, and a member of the Aviation Suppliers Association. Prospective customers can browse our inclusive catalogue of both obsolete and in-production Bossard Group components and assemblies ranging from fasteners to washers to bolts and more at asapsemi.com. If you are interested in a quote, please contact our friendly sales staff at sales@asapsemi.com or call toll-free at 1-714-705-4780.

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