Temporary suspensions of mines caused by the COVID-19 pandemic, along with the advancement of Indonesia’s export ban, are expected to be major contributors to decline, according to GlobalData.
April 28
12:47
2020
Because of changing technologies and differing assembly needs, fasteners undergo changes every year. Here is Bossard’s predictions for fastener trends in the coming months.
April 04
14:26
2020
Brighton-Best Socket Screw Mfg. co-founder Perry Rosenstein, 94, died April 3 from COVID-19, the New Jersey Globe reports.
April 02
21:09
2020
44-year-old Pasquale Gallace of Agrati logistics in Italy died March 27 of COVID-19, according to Agrati CEO Paolo Pozzi. His father had died a few days earlier.
March 01
18:25
2020
The market correction prompted by the outbreak of the coronavirus caused U.S. industrial stock indexes to lose 11.8% in value since February 21. In contrast, the FIN Fastener Stock Index faired better, losing only 9.8% of its value during the same period.
February 24
00:33
2020
Chinese fastener factories were returning to work after the “enforced extension of the Chinese New Year holiday as part of the containment of the Wuhan coronavirus outbreak,” Fastener & Fixing Magazine editor emeritus Phil Matten reported.
February 10
20:00
2020
Taiwan exported 1.6 million metric tons of fasteners totaling US$4.6 billion in 2018. The April 21-23 trade show includes one-on-one procurement meetings.
February 06
16:56
2020
In 2019, COPA established its own smart factory in Taiwan and fitted all of its machines with SMB intelligent devices to improve product quality and work efficiency, Fastener World reports.
January 31
15:59
2020
Hundreds of F-35s could have the wrong fasteners in “critical areas,” Air Force Magazine reports. Both fasteners are called “eddie bolts” and are similar in appearance except for a number stamped on them.
January 13
15:14
2020
NORMA Group has developed thermal management line systems to be installed in the electric passenger cars of a major international automobile manufacturer, Fastener + Fixing Magazine reports.
January 09
16:18
2020
Industrial fasteners and tools supplier Fastener Co. is facing backlash after firing a store manager for complaining on social media about his holiday gift of a jar of barbecue sauce and a wooden scraper.
October 28
17:43
2019
Growth will be strongest in aerospace-grade fasteners, the report found. Increasing demand from end users beyond aerospace equipment for stronger, better performing fasteners will also support rapid gains.
October 15
16:46
2019
Designed by The Kubala Washatko Architects, the four-story building will fill a city block and house 400-600 workers in Fastenal’s technology, accounting, supply chain and human resources departments.
October 10
21:50
2019
Citing the “high unfilled demand for skilled workers,” the founder and president of the Uniquely Abled Project has worked with the Industrial Fasteners Institute to develop a program for fastener manufacturers in accessing and hiring individuals “who often are ideal matches for the jobs in fastener manufacturing.”
October 03
16:37
2019
A strong majority of U.S. residents support sustainability and government assistance in manufacturing, while 48% think increasing tariffs on imported foreign goods and services is too disruptive for the U.S. economy.
September 10
12:39
2019
Fastener distributors are one of 14 categories profiled by Modern Distribution Management. The profile lists 16 U.S. fastener distributors.
September 05
10:27
2019
“How do you build an automobile that’s both lightweight and reduces harmful emissions? If you’re Audi, you look to (Stanley Engineered Fastening) for an innovative solution to join high strength steel with aluminum.”
August 11
19:27
2019
By lifting a 17.5-ton truck, Bavaria-based DELO secured the GUINNESS WORLD RECORDS title for the “heaviest weight lifted with glue.”
August 07
13:12
2019
Determining if a fastener will be attacked by corrosion can be a primary factor in achieving cost efficiency for long-term maintenance, according to Confast Concrete Fastening.
July 09
23:28
2019
Fastener Industry News is marking 40 years since it was first published on July 10, 1979, a year that was dominated by a hostage situation in Iran, energy crisis, record federal expenditures, double-digit inflation and rising unemployment.
