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Wednesday, August 24, 2016
Brighton-Best Int'l Going Public in September
BBI is a subsidiary of Taiwan-based Ta Chen Stainless Steel Group, which acquired BBI in 2008, making it one of the world's largest fastener distributors.

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NEWS BRIEFS
KLX Revenue Declines Despite Acquisitions
Reduced production from commercial aerospace customers and "headwinds" from legacy military manufacturing customers impact results.

Wednesday, August 24, 2016
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Tacoma Screw Products Opens 19th Branch
Company said the Wenatchee branch will be a fully-inventoried branch with more than 45,000 products.

Tuesday, August 23, 2016
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Bulten Signs Contract with Russian Auto Maker
"With this contract, we have made a significant breakthrough in the Russian market and further strengthened our position as manufacturer of high quality fasteners."

Friday, August 19, 2016
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Classifieds: Machinery Auction
Featuring Carlo Salvi, Nakashimada & Asahi, National and Waterbury. Click on Classifieds

Friday, August 19, 2016
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HEADLINES
Rockford Products Closing, Laying Off 171
A private equity company reportedly had invested $30 million since 2007 “without seeing any return on the investment” and the fastener manufacturer has defaulted on payments. The company is seeking potential buyers.

Monday, August 15, 2016
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PennEngineering to Acquire Heyco Products
New Jersey manufacturer Heyco to operate as a separate company with Bill Jemison continuing as president.

Monday, August 15, 2016
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PERSPECTIVE: Regulators Probe Oil-Well Bolt Failures
The Bureau of Safety and Environmental Enforcement said it is forming a working group, the Interagency Bolt Action Team, to assess the potential impact of "bolt corrosion and breakage" on offshore oil drilling operations.
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Supply Chain Boosts Taiwan's Fastener Industry
"A key success factor among others enabling the industry to have developed sustainably for over a half century is the industrial cluster in southern Taiwan, which turns out to be a thorough supply chain and, in turn, helps sustain the industry's development," according to CENS.

Monday, August 15, 2016
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PRODUCT NEWS
Falcon Fastening Offers Actylus Smart Bin System
Smart bin technology has been designed to provide a solution to stock replenishment issues, sending automated stock alerts and re-order notifications.
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Dewalt Transitions Powers Fasteners Brand
The addition of Dewalt Anchors and Fasteners to Dewalt's concrete products category is part of a continued strategy to deliver a complete, cordless solution for all concrete and masonry applications.
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G.L. Huyett Distributing Tinnerman Fasteners
G.L. Huyett is now a master distributor of ARaymond Tinnerman Specialty Engineered Fastening & Assembly Solutions.
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Beacon Fasteners and Components Adds High Salt Spray Full Trilobe Thread Forming Screws
Parts are steel-zinc RoHS with a high salt spray plating of 96 hours to white rust and 120 hours to red rust.
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FEATURES
Aerospace Fasteners Market To Top $9 Billion by 2021
The aerospace fasteners market is expected to grow with the CAGR of more than 7% from 2016 to 2021, topping $9 billion by 2021, according to a new report by Market Research Future.
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At Half-Year Point, Fastener Markets Diverge
Automotive fasteners are doing well, while aerospace fasteners face mixed results and industrial fasteners lag.
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2016 NIFMSE Registration Discount Deadlines Next Week
This year the trade show in Las Vegas will set a record of number of booths – with 940 booths booked so far – easily topping the 829 record set last year.
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Steel Dynamics Acquiring Vulcan Threaded Products
Founded in 1978, Alabama-based Vulcan manufactures threaded rod products, cold drawn and heat treated bar.
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