| Fastenal's Oberton: OEM Inventory a Thing of the Past |
Daily average sales to manufacturing customers during the second quarter nearly doubled its growth rate to 29.8% sequentially, while Q2 sales to non-residential construction customers rose 0.5% after a 14.7% dip in Q1.
Tuesday, August 10, 2010
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| PERSPECTIVE: New Features Draw More
FIN Online Readers |
The monthly number of readers exploring new sections of GlobalFastenerNews.com continues to climb.
Tuesday, August 10, 2010
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| ACQUISITIONS: MRO Distributor UZ Engineered Products Acquired |
Cleveland-based UZ distributes fasteners and other MRO products to the government sector throughout the U.S. and Canada.
Tuesday, August 10, 2010
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| Report: China Fastener Exports To Slow in Second Half of 2010 |
China's inflation, raw material prices and labor costs are driving up fastener prices.
Tuesday, August 10, 2010
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| SHOW NEWS: Seminar Programs Expanded for 2010 NIFS/West |
NIFS/West events will be November 8-10, 2010, at Mandalay Bay Convention Center in Las Vegas. Conferences and an opening reception are on Monday.
Tuesday, August 10, 2010
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| SHOW NEWS: Choose One: NIFS or STAFDA? |
With NIFS/West starting one day behind the 34th annual Specialty Tools & Fasteners Distributors Association convention, exhibitors and distributors will have to choose between the shows.
Tuesday, August 10, 2010
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| SHOW NEWS: MFDA Tabletop Show September 27 |
MFDA's golf outing will be September 26. Proceeds go to the MFDA scholarship fund.
Tuesday, August 10, 2010
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| STOCKS: Precision Castparts Fastener Segment Diversifies To Offset Reduced OEM Inventories |
"Commercial aerospace OEM schedules on the base programs are beginning to recover, and the 787 program will provide a catalyst for accelerated growth as we enter the second half of the year."
Tuesday, August 10, 2010
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| STOCKS: Robust Vehicle Production Boosts TRW |
"TRW's success at winning new business due to our leading technology portfolio combined with the overall industry recovery and dynamic growth in emerging markets provides a solid foundation for future growth," stated CEO John Plant.
Tuesday, August 10, 2010
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| STOCKS: Chicago Rivet Sales Growth 'Significant' |
Illinois fastener manufacturer achieved "significant improvement" in sales and profit during the second quarter of 2010.
Tuesday, August 10, 2010
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| STOCKS: B/E Aerospace Fastener Profit Rises |
B/E Aerospace's fastener business, Consumables Management, improved its earnings during the second quarter, boosted by "significant margin expansion."
Tuesday, August 10, 2010
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| STOCKS: Anixter Fastener Segment Achieves 20% Growth Worldwide |
Growth came from increased production rates, extended program offerings and new contracts.
Tuesday, August 10, 2010
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| STOCKS: Carpenter Tech Reports Uneven Fastener Demand |
Demand for Carpenter Technology Corp.'s fastener products produced mixed results in the three-month period ended June 30.
Tuesday, August 10, 2010
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| STOCKS: Stalling Aerospace Sales Hurt TriMas Fastener Revenue |
While defense sales grew, the increased revenue associated with managing the facility closure and relocation was at lower margin levels.
Tuesday, August 10, 2010
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| SHORTTAKES: Advance Components, C.J. Winter, Dörken, EFC, Elgin, NEF, Permanent Technologies, Simufact, Spirol, and R&R Engineering |
Tuesday, August 10, 2010
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| OBITUARY: Frank A. Klaus |
Tuesday, August 10, 2010
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| OBITUARY: Joseph R. Dudley |
Tuesday, August 10, 2010
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| CLASSIFIED: Distributor Looking for Fastener Buyers |
Mid-sized fastener distributor located in Ohio, looking for a buyer for fasteners.
Tuesday, August 10, 2010
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| CLASSIFIED: Brunner Mfg. Seeking Sales Representatives |
Brunner Manufacturing produces cold headed components, wire forms, and welded assemblies and is a TIER 1 supplier to major OEM’s in North America.
Tuesday, August 10, 2010
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