The first Fastener Industry News was published on July 10, 1979 by Dick Callahan. As FIN begins 40th year, CLICK THE HEADLINE for a look back.
“With so many significant fastener deals completed during 2017, it was not easy selecting the ‘Top Ten’,” Pinnacle Capital CEO Richard Hagan observed in the 20th annual edition of Hagan’s Top Ten Deals of the Year.
Nearly every public company with fastener holdings reported sales and profit gains in 2017, according to the End of 2017 FIN Review of Fastener Stocks.
In May, Boeing agreed to acquire aerospace fastener supplier KLX’s Aerospace Solutions Group, for $4.25 billion. Just a few years ago, that could easily have been Wesco Aircraft.
Author Witold Rybczynski was assigned to write an essay on the best tool of the Millennium. His research led to a book. And in the final chapter of the book Rybczynski names the “Father of the Screw.”
The story is available in the Fastener History section of GlobalFastenerNews.com. It is among hundreds of articles in Fastener History since FIN was first published in 1979. Click on the headline for the identity of the “Father of the Screw.”
Branding is how your brand makes people feel, Gail Friedberg told the Women in the Fastener Industry.
White House trade adviser Peter Navarro said every country granted an exemption from the tariffs will face an import quota and other restrictions. He also indicated that this extension is the last one Trump will grant.
Two decades ago, when BMW opened a plant in Greenville, SC, “the body shop was full of human welders soldering together the framing of the car. Today it’s a dimly lit place where large robotic arms… easily lift heavy car bodies of steel and aluminum like giant orange storks,” according to MIT Technology Review.
An industrial poster by Pittsburgh artist J. Howard Miller showing a young woman in a work shirt and polka-dot bandanna flexing her arm and declaring “We can do it!” was all but forgotten until the 1980s, when a copy became a feminist symbol and it was put on t-shirts, coffee mugs and posters.
Founded in 1932, Schmittenberg Metal Works supplied weld nuts for the first Volkswagen Beetle. Today the German manufacturer stamps out parts by the millions for the world’s automotive industry.
Richard Hagan’s 20th annual Top Ten Deals of the Year will be published with the FIN Review of Fastener Stocks for 2017 in May 2018.
The EksoVest is commonly used by workers using drill and impact drivers, torque wrenches, and paint sprayers, according to Ekso Bionics.
“We learned never to use finishing nails to hold steps,” said the actor best known for portraying mail carrier Cliff Clavin on the NBC sitcom Cheers.
Cowhey tells International Fastener Expo seminar he has talked to some fastener distributors for a decade before they “finally” decided to update.
Industrial Fasteners Institute managing director Rob Harris said that a dozen members are opening their doors for student visits.
The fastener industry will be gathering October 17-19 at the Las Vegas Convention Center at the traditional trade show in Las Vegas, but with a new name: International Fastener Expo.
Fastener supplier Optimas Solutions will provide UK-based TVR with integrated supply chain services and engineering support for fastener and c-class components on TVR’s 200mph+ supercar, Griffith.
Acquisition expands KYOCERA’s fastening tools business in residential, commercial, manufacturing and construction applications.
“We see good opportunities to continue to grow the business and increase our market share,” stated CEO Tommy Andersson.
“Organic revenue increased 2.6% while the 2016 acquisition of Engineered Fasteners & Components (EF&C) added 3.5% to revenue,” the company stated.