“No one wants to get their hands dirty. No one wants to work in a warehouse 80 hours a week.”
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.
“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.
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!”
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.
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.
The tariffs, seen as retaliation for EU duties on Chinese fasteners, will be imposed from June 29, Reuters reports.
Initially a gasket manufacturer, Lamons began producing fasteners in 1997 and expanded in specialty fasteners with the 2010 acquisition of South Texas Bolt & Fitting.
The Vogelsang name entered the North American fastener industry in 1972 distributing Rollpins made in Europe by Joerg Vogelsang.
New Oak Brook, IL, location for August 21-26 events.
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.
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.
Brahimi, Claus, Medcalf & Vertullo on “Ask the Experts” panel.
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.
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.
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.”
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.
The economy is back and even “overheated,” which can lead to cyclical risks, economist Christopher Thornberg said.
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.
The 387,558 sq ft building in Roanoke, VA, will be the single largest Würth facility in North America.