Industry News

Acument Intellectual Properties LLC has announced it will be doing business as CAMCAR InnovationsSM and will continue to focus on product inventions, licensing of products, product market promotion, as well as the support of its authorised suppliers.

The name CAMCAR Innovations^SM pays homage to the company’s past with the well-known and respected name in the fastening world, “CAMCAR, combined with ‘Innovations’ acknowledges our reputation for being inventors of world renowned drive systems and products such as TORX^®, TORX PLUS^®, STRUX^® studs and nuts, MAG- FORM^® fasteners and more,” explained the company.

Michael Claassen was named president of CAMCAR Innovations with Steve Dixon continuing his current position as director of CAMCAR Innovations.

“CAMCAR is a trusted name in the global fastener industry,” said Michael Claassen. “We intend to honour that trust by continuing to grow our portfolio of engineered technologies, increasing manufacturing efficiency and improving product performance for our customers in all industries and fields. Partnerships are the heart of our system and their growth in the future continues our expansion of mutually beneficial business relationships.”

He adds: “Although the name has changed, our people remain the same ensuring continuity of service and relationships. Our locations also remain unchanged with offices in the Netherlands, USA, Singapore, and Japan. Authorised suppliers will continue to get their confidential information through the NETSPECS^® Library. The biggest change the public will see is the introduction of a new website, which is targeted to supporting authorised suppliers and promoting CAMCAR Innovations’ products to end users. It will also include future announcements