Management said operating losses, negative cash flows, declining revenues and reduced liquidity raise “substantial doubt” about the 106-year-old fastener manufacturer’s ability to continue operating within a year.
August 07
13:59
2026
He was a part of many wire & cable initiatives and organizations, and co-founded Wire & Cable Focus in 1991.
August 07
13:49
2026
In July the Fastener Distributor Index sustained its highest level since mid-2021, marking the 15th consecutive month in expansionary territory.
August 07
11:45
2026
Acquisition adds specialized secondary processing, custom surface textures and manufacturing capacity to engineered fastener supplier.
August 07
09:51
2026
New general manager served as operations manager for Brewster Washers before joining Accurate Screw Machine in 2019.
August 06
12:03
2026
Fastener sales continued to grow in July, extending a record of growth for the 13th straight month.
August 06
11:33
2026
Revenue includes gains from the Consolidated Aerospace Manufacturing (CAM) and Brunner acquisitions completed during the quarter.
August 06
11:02
2026
Acquisition expands Portland Bolt’s manufacturing capabilities and East Coast presence.
August 06
08:23
2026
National Aerospace Fasteners Corp. success funding ongoing capacity expansion in Malaysia and China.
August 06
04:55
2026
Manufacturer presented the 2026 King’s Award for Enterprise in Innovation for developing advanced corrosion-resistant alloys.
August 05
12:38
2026
Compliance officer joins Howmet from Collins Aerospace, where he managed global trade after starting his career at Raytheon Technologies.
August 05
11:34
2026
PrimeSource adds a N.J.-based provider of branded fastening solutions and installation systems for decking and exterior applications to its portfolio.
August 05
10:50
2026
New chief executive officer brings leadership and manufacturing experience to the role, including several years as GM of Accurate Screw Machine.
August 05
09:16
2026
New general manager joins Wrentham Tool from precision metal fabrication and machining company WELFAB Inc.
August 05
06:59
2026
Recipients are Rily McDaniel-Monroe, WCL; Drake Herron, Upstate Industrial Supply; and Noah Cooper, Kanebridge Corporation.
August 04
13:13
2026
$315 million deal gives Hillman an immediate, scaled platform to serve long-tail, high-specification fastener requirements across industrial and specialty distribution channels.
August 04
10:23
2026
MRO giant reported operating margin rose 120 basis points, boosted IEEPA tariff refunds and the MRO giant’s exit from the UK market in 2025.
August 03
11:10
2026
Announcement follows the opening of distribution centers in Indianapolis in June and Salt Lake City in July.
August 03
10:58
2026
Fastenal alumni joins Endries from The Home Depot's wholesale division, where he led the Texas market.
July 31
11:20
2026
Founded in 1942, Greater Detroit-based Vamp Screw Products supplies high-quality fasteners to distributors throughout the Midwest.
