The Phillips Screw Company

What The Phillips Screw Company does

The Phillips Screw Company, founded in 1935 and headquartered in Amesbury, Massachusetts, is a privately-held fastener technology company that designs and licenses proprietary drive system technologies. The company's core business centers on engineering 13 distinct drive system designs—including the original Phillips Drive System, ACR (Anti-Cam-Out Ribs), MORTORQ Spiral and Super Spiral, TORQ-SET, TRI-WING, POZIDRIV, HEXSTIX, PHILLIPS SQUARE-DRIV, PHILLIPS II, POZISQUARE, and the patent-pending BIT-LOK interlocking system. These technologies target core fastening problems including cam-out, poor torque transfer, dropped screws in overhead applications, and worker fatigue across high-volume assembly environments in aerospace, automotive (including EV battery systems), electronics, construction/LBM, industrial, marine, military, and DIY/trade markets.

The company operates primarily through a licensing model, granting rights to a global network of licensed manufacturers that produce conforming fasteners to specification. Secondary revenue streams include direct OEM solutions for custom-branded fasteners and sister company Wrentham Tool Group, which produces header tooling and gauges domestically in Massachusetts to vertically control quality of the licensed drive system production. Regional channel presence includes Velocity Screws in North America and Phillips Screw Company UK for Europe. Customer engagement is sales-led, with vertical-dedicated regional specialists (Aerospace Americas, Aerospace Europe/Asia, Pro Channel Europe, Automotive, Electronics, Industrial, Custom Branded Solutions) accessible via email and phone.

Headcount is reported at 11–50 employees, consistent with a capital-light IP licensing model. Ownership is independent and private, with no disclosed institutional investment, no recent M&A, and no regulatory or restructuring events in the source data. Scott Filion serves as President & CEO. Pricing is quote-based and not publicly disclosed, and the company maintains a modest digital presence (LinkedIn, Twitter/X, YouTube, Facebook) alongside a careers page signaling limited but ongoing hiring.

Name

The Phillips Screw Company

Legal name

The Phillips Screw Company

Website

https://phillips-screw.com

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

11–50 employees

Short description

The Phillips Screw Company designs and licenses proprietary fastener drive system technologies, including 13 trademarked drive systems, to a global network of manufacturers serving aerospace, automotive, construction, electronics, and industrial markets through a capital-light licensing and OEM solutions model.

Ownership category

akta.pro rank

Product category

Industrial Fasteners

NAICS

Bolt, Nut, Screw, Rivet, and Washer Manufacturing (332722)

SIC

Bolts, Nuts, Screws, Rivets & Washers (3452)

akta.pro primary industry

Fasteners, Nails, Screws & Anchors Retail (CRAIADAC)

Keywords

• Proprietary fastener technology
• Screw drive systems
• Drive system licensing
• OEM fastener engineering
• Industrial fastener design

Headquarters

HQ city

Amesbury

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Technology Licensing: Phillips Screw Company licenses its proprietary drive system technologies (Phillips, Mortorq, TORQ-SET, TRI-WING, POZIDRIV, HEXSTIX, and others) to a global network of licensed manufacturers who produce fasteners conforming to their precise specifications.
2. OEM Solutions: Custom fastener design and branding solutions for building material manufacturers and industrial customers. Includes custom fasteners, packaging, and integration of engineered fasteners into customer building systems with improved warranty coverage.
3. Wrentham Tool Group (Sister Company): Through sister company Wrentham Tool Group, the company manufactures punches and pins (header tooling and gages) that make every screw a perfect fit. This is a vertically integrated manufacturing capability.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

The Phillips Screw Company designs, engineers and licenses proprietary screw and bolt drive-system recess technologies (such as Phillips, ACR Ribbed Phillips, MORTORQ, TORQ-SET, TRI-WING, POZIDRIV, HEXSTIX, PHILLIPS II, PHILLIPS SQUARE-DRIV, POZISQUARE, BIT-LOK) to a global network of licensed manufacturers who produce finished fasteners to its specifications. It also provides OEM custom-engineered and custom-branded fastener solutions, high-performance wood screws for construction/DIY markets, and fastener tooling and gauges through its sister company Wrentham Tool Group.

Product overview

The Phillips Screw Company is a fastener technology licensing and manufacturing company that owns and licenses a portfolio of proprietary drive systems. The core offering consists of 13 distinct drive system technologies (ACR® Ribbed Phillips®, ACR® Ribbed TORQ-SET®, External MORTORQ® Super Spiral, HEXSTIX®, MORTORQ® Spiral, MORTORQ® Super Spiral, PHILLIPS II®, PHILLIPS SQUARE-DRIV®, POZIDRIV®, POZISQUARE® Drive, TORQ-SET®, TRI-WING®, and BIT-LOK™️) sold through a licensing model to global manufacturers. The company also offers high-performance wood screws, fastener tooling and gages (via Wrentham Tool Group), and OEM solutions for custom-branded fastener manufacturing. Products serve aerospace, automotive, construction, electronics, industrial, marine, military, and DIY markets.

Differentiator

Problem solved

Functional benefit

Brands

• Wrentham Tool Group™: Engineered tooling solutions and gages, producing punches and pins for fastener manufacturing. Described as a sister company of Phillips Screw Company.

Products and services

• ACR® Ribbed Phillips® Anti-cam-out (ACR) ribbed cruciform screw drive system featuring angled recess side walls and slanted rib design that reduces cam-out, improves off-angle driving, reduces worker fatigue and panel marring, and is compatible with common Phillips drivers. Sold via licensing to fastener manufacturers.
• ACR® Ribbed TORQ-SET® Ribbed version of the TORQ-SET drive with ACR ribs that reduce cam-out and improve off-angle driving, while remaining compatible with standard TORQ-SET drivers. Sold via licensing to fastener manufacturers serving aerospace and high-reliability applications.
• External MORTORQ® Super Spiral Super high-strength external bolt head drive design offering extreme high-torque capability with a lower head height for weight reduction; compatible with common sockets for field service. Sold via licensing to manufacturers.
• HEXSTIX® Six-lobe drive system whose geometry ensures screws stick securely to the driver bit without magnets or vacuum holders, eliminating dropped screws and enabling one-handed application. Sold via licensing to fastener manufacturers.
• MORTORQ® Spiral High-strength shallow recess drive system that allows low-profile head designs with full driver-to-recess wall contact for optimum torque transfer and high damage tolerance in aerospace and automotive applications. Sold via licensing to fastener manufacturers.
• MORTORQ® Super Spiral Super high-strength recess drive system with patented curved wings delivering extreme high-torque capability, optimized torque transfer, and longer drive-tool life for aerospace and high-performance automotive use. Sold via licensing to fastener manufacturers.
• PHILLIPS II® Enhanced cruciform drive system with ACR anti-cam-out recess technology that virtually eliminates cam-out, reduces burred screwheads and marred components, increases productivity, and extends drive tool life. Sold via licensing to fastener manufacturers.
• PHILLIPS SQUARE-DRIV® Hybrid drive system combining the positive engagement of a square drive with the self-centering benefits of a Phillips drive, providing secure wobble-free driving and reduced cam-out, and serviceable with square and generic Phillips drivers. Sold via licensing to fastener manufacturers.
• POZIDRIV® Self-centering recess design drive system that reduces cam-out at higher torques, provides better driver mating and driver control, and extends drive-tool life in both automated and manual operations. Sold via licensing to fastener manufacturers.
• POZISQUARE® Drive Combination drive system with ACR ribbed technology that provides secure wobble-free driving and non-magnetic fastener-to-bit stick for one-handed installation in overhead or hard-to-reach areas. Sold via licensing to fastener manufacturers.
• TORQ-SET® Offset cruciform drive system with straight wing walls featuring larger removal walls than drive walls, facilitating disassembly without drill-outs and supporting aerospace maintenance operations. Sold via licensing to fastener manufacturers.
• TRI-WING® Tri-slot drive system requiring a specific mating driver for each fastener diameter, providing tamper resistance and straight wing walls for greater torque transfer in aerospace and security-sensitive assemblies. Sold via licensing to fastener manufacturers.
• BIT-LOK™ Patent-pending interlocking drive technology that keeps the screw securely on the driver bit without applied force, eliminating dropped screws in overhead, ladder, and hard-to-reach installation scenarios. Sold via licensing to fastener manufacturers.
• OEM Solutions Custom branded fastener design, engineering and manufacturing service that lets building materials and industrial customers launch their own fastener brand with tailored designs, packaging, full-system engineering support, and improved warranty coverage.
• Fastener Tooling & Gages (via Wrentham Tool Group) Engineered punches, pins, header tooling, and quality gages used to manufacture and inspect fasteners to Phillips Screw Company specifications, supplied through sister company Wrentham Tool Group.
• High Performance Wood Screws Branded line of wood and construction screws featuring patented Phillips drive technologies for superior driving performance, reduced cam-out, and improved holding power in decking, framing, treated wood, and other building material applications.

Quantifiable outcome

• Virtually eliminates cam-out, reducing burred screwheads and marred components
• +3 more outcomes

Segments9 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

One partnership is on record.

• Wrentham Tool GroupcoreOEM/ Whitelabel/ Licensing PartnerWrentham Tool Group is a sister company that manufactures punches and pins (header tooling and gages) used in fastener production. This partnership provides vertically integrated manufacturing capabilities, ensuring that Phillips Screw Company's proprietary drive systems are produced in Massachusetts to maintain high levels of quality control. Wrentham Tool Group is referenced as the source of proprietary drive systems produced domestically.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• TORX (Camcar / Acument Global): Owns the TORX and TORX PLUS six-lobe drive systems under a similar licensing-and-OEM model. Most directly comparable proprietary drive-system licensor in the global fastener market.
• SPAX International: Manufactures construction and wood screws with proprietary T-STAR plus drive geometry. Comparable as a high-performance wood/deck screw brand competing in overlapping DIY and pro channel markets.
• GRK Fasteners: Premium construction screw manufacturer (now part of ITW) with proprietary star-drive and climate-coated product lines. Overlaps directly with Phillips' high-performance wood screw offering for LBM and pro channels.
• Acument Global (AltusGroup): Large licensed fastener manufacturer holding multiple proprietary drive families (TORX, ALLENUT, etc.) and serving aerospace, automotive, and industrial OEMs. Comparable as both a licensed manufacturer and a competing IP holder.

Broad incumbents

• Hillman Solutions: Public fastener and hardware distributor serving retail, OEM, and industrial channels. Comparable as a broader fastener ecosystem participant though not focused on proprietary drive IP.
• Würth Group: Global fastener and assembly materials distributor with deep industrial customer base. Adjacent comparable for distribution-led go-to-market and European footprint.
• Illinois Tool Works (ITW): Diversified industrial manufacturer with multiple fastener-related divisions and proprietary drive-related brands. Comparable as a large, well-capitalized incumbent in adjacent fastening categories.
• Fastenal: Largest US industrial fastener distributor serving OEMs and contractors. Comparable as a fastener-channel incumbent, though operating in distribution rather than IP licensing.
• Powers Fasteners (Stanley Black & Decker): Construction fastener brand within Stanley Black & Decker's hardware portfolio. Comparable as a competing specialty fastener brand targeting similar construction and industrial end users.

Emerging players

• Penn Engineering (PEM): Specialty fastener maker focused on self-clinching and sheet-metal fasteners for electronics and industrial OEMs. Comparable as a niche proprietary-fastener specialist with overlapping electronics and industrial verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/PhillipsScrewCo
• YouTubeyoutube.com/user/phillipsscrew
• Facebookfacebook.com/Phillips-Screw-Company-230871993726914
• LinkedInlinkedin.com/company-beta/538689

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Phillips Screw Company