Global Fastener News

FEATURE

Retirements Loom Over Fastener Workforce

August 22
22:40 2022
    Retirements Loom Over Fastener Workforce

“No one wants to get their hands dirty. No one wants to work in a warehouse 80 hours a week.”

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ParkOhio Bolsters Its Fastener Business

August 05
00:04 2022
    ParkOhio Bolsters Its Fastener Business

Amid strong quarterly results, ParkOhio acquired two companies: Winston-Salem, NC-based Southern Fasteners & Supply and Charter Automotive (Changzhou) Co. Ltd. in China. Both will be included in ParkOhio’s fastener segment: Supply Technologies.

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LindFast Acquires Star Stainless Screw Co.

July 28
15:17 2022
    LindFast Acquires Star Stainless Screw Co.

“We believe the combination of LSG and Star will give our collective customers unparalleled ability to meet all of their fastener needs with one company,” said LindFast CEO Bill Niketas.

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NFDA on Cybersecurity: The New Normal

July 24
17:11 2022
    NFDA on Cybersecurity: The New Normal

Cyber crime is a legitimate business in other countries, Will Snyder of WTC Business Technology Services told National Fastener Distributors Association members. “Plan for a cyber incident to happen…It is not IF, but WHEN!” 

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Aerospace Fastener Market To See 6.8% CAGR

July 21
15:55 2022
    Aerospace Fastener Market To See 6.8% CAGR

Rising concerns over fuel efficiency and emission levels are impelling airlines to opt for lighter materials, which is projected to create a demand for fasteners made of titanium and aluminum.

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Rivet Nuts Improve Production at GM Assembly Plant

July 18
11:56 2022
    Rivet Nuts Improve Production at GM Assembly Plant

Traditionally, operators at General Motors (Detroit) installed rivet nut fasteners into vehicle bodies with a handheld power screwdriver. Despite such a time-consuming process, GM increased the number of fasteners on each side of the vehicle from four to five, according to Goebel Fasteners. A fastener handling system solved the problem. 

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China Extends Tariffs on EU and UK Fasteners

June 28
13:26 2022
    China Extends Tariffs on EU and UK Fasteners

The tariffs, seen as retaliation for EU duties on Chinese fasteners, will be imposed from June 29, Reuters reports.

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Lamons Manufacturing Marking 75th Anniversary

June 22
12:07 2022
    Lamons Manufacturing Marking 75th Anniversary

Initially a gasket manufacturer, Lamons began producing fasteners in 1997 and expanded in specialty fasteners with the 2010 acquisition of South Texas Bolt & Fitting.

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Vogelsang Marking 50th Anniversary in U.S.

June 13
12:37 2022
  Vogelsang Marking 50th Anniversary in U.S.

The Vogelsang name entered the North American fastener industry in 1972 distributing Rollpins made in Europe by Joerg Vogelsang.

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Table Top Show Highlights 2022 FSTNR Week

June 08
11:13 2022
  Table Top Show Highlights 2022 FSTNR Week

New Oak Brook, IL, location for August 21-26 events.

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STAFDA: Employee Retention About More Than Money

May 25
22:14 2022
  STAFDA: Employee Retention About More Than Money

A positive company culture means the chance of employees leaving “goes down substantially,” strategist Lisa Ryan told participants of a Specialty Tools & Fasteners Distributors Association webinar.

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Lawson Products Changes Name to DSG Solutions

May 19
23:16 2022
  Lawson Products Changes Name to DSG Solutions

The specialty distribution company includes MRO c-parts distributor Lawson Products, OEM supply chain services provider Gexpro Services, and TestEquity, an electronic test & measurement solutions provider.

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4th Fastener Fair USA Opens With 123 Exhibitors

May 17
12:00 2022
  4th Fastener Fair USA Opens With 123 Exhibitors

Brahimi, Claus, Medcalf & Vertullo on “Ask the Experts” panel.

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Chin Well Going Solar to Produce Fasteners in Asia

May 10
12:25 2022
  Chin Well Going Solar to Produce Fasteners in Asia

Chin Well Fasteners and Chin Herr Industries parent company Chin Well Holdings Bhd signed a 25-year solar power purchase agreement, the New Straits Times reports.

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Italian Fastener Manufacturer Seeks $2 Billion IPO

May 05
22:11 2022
  Italian Fastener Manufacturer Seeks $2 Billion IPO

Vescovini Group manufactures more than 1.32 billion industrial fasteners, including nuts, bolts and axles, from 75,000 tons of steel annually to supply 2,500 customers in the automotive, construction and agricultural machinery sectors. 

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Howmet Releases 2021 Sustainability Report

April 18
21:18 2022
  Howmet Releases 2021 Sustainability Report

The report highlights the company’s “commitment and approach to sustainability, as well as detailed results against its key metrics, which are designed to drive significant positive impacts.”

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Report: Auto Fastener Market Growth at 5.9% CAGR

April 14
18:51 2022
  Report: Auto Fastener Market Growth at 5.9% CAGR

Introduction of electric and hybrid models has changed engineered approaches and led to the development of different types of fastener that are more durable and permanent solutions, according to a new report by Global Market Insights.

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Pac-West Economist: Economy ‘Hot Until It Is Not’

April 08
00:40 2022
  Pac-West Economist: Economy ‘Hot Until It Is Not’

The economy is back and even “overheated,” which can lead to cyclical risks, economist Christopher Thornberg said.

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Pac-West: July Strike Could Cripple Los Angeles Port

March 25
01:03 2022
  Pac-West: July Strike Could Cripple Los Angeles Port

Jun Xu of Brighton-Best International, Tim Roberto of Star Stainless Screw and Chris Donnell of Scanwell Logistics were panelists at the 2022 Pac-West spring conference.

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Würth Revcar Leases New HQ

March 11
12:23 2022
  Würth Revcar Leases New HQ

The 387,558 sq ft building in Roanoke, VA, will be the single largest Würth facility in North America.

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