Rising demand for commercial aircrafts has led to an increase in the production of aerospace fasteners, which is expected to drive market revenue growth.
January 19
17:25
2022
Reclaiming a suggestion of its original identity, Fastenal Co. sold $2 billion in fasteners during 2021, adjusting to a U.S. economy that pivoted from personal protective equipment to longer term projects involving bolts and nuts.
December 31
15:51
2021
During a tumultuous year that saw international shipping rates skyrocket, Nucor capitalized on its position as a domestic steel manufacturer, boosted by U.S. tariffs on steel imports.
December 24
02:48
2021
While many might want to forget the past year, 2021 held opportunities for fastener companies willing to adapt to supply chain disruptions and inflationary pressures.
December 13
00:29
2021
“From exposed X-bracing right down to every single nut and bolt, Fastenal products can be seen incorporated into the building,” according to Industrial Distribution.
December 09
16:31
2021
Trade shows around the world, association conferences, educational programs, technical meetings and golf tournaments are among the 63 fastener events listed in the 2022 FIN calendar.
December 07
00:03
2021
Sherex points out that “it’s not just the way the vehicle runs that’s the difference” and “Sherex understands the differences and nuances between EVs and combustion engine vehicles.”
November 29
23:41
2021
In 1921, Edward W. Daniel opened a manufacturing and distribution center in Cleveland to serve the Great Lakes marine Industry.
November 23
00:39
2021
“2022 is going to mirror 2021 from a supply point of view,” Michael Selman, sales rep for Beta Steel, Beneke Wire and Monarch Metals, told the National Fastener Distributors Association.
November 15
11:48
2021
The pandemic “exposed us to a lot of new product categories and items to sell, giving our members new ways to sustain their business through these troubled times,” stated Specialty Tools & Fasteners Distributors Association president Brian Gersten.
November 09
12:16
2021
“Zoom, teams, FaceTime and videos all became new must-haves for communication and “became the preferred methods to communicate,” Aerosmith Fastenings Systems president Dan Kudlak declared to the Specialty Tools & Fasteners Distributors Association.
November 04
16:32
2021
Expect 6% growth in the final quarter of 2021, with unemployment below 5%, Dr. Christopher Thornberg of Beacon Economics LLC predicted. And the economy will be hot for the next few years.
October 21
20:38
2021
Items phased out the industrial hardware supply chain included seven federal supply classes under Federal Stock Group 53: Hardware and Abrasives. This category contains screws, bolts, studs, nuts, washers, nails, machine keys, pins, rivets and fastening devices.
October 18
12:07
2021
Vertex has a deep legacy in the fastener industry, with the company tracing its roots back to the 1880s.
October 11
11:24
2021
While lead times rose in 2020 before the Covid-19 pandemic, Hydrian Inventory Optimization CEO Josh Bartel termed today’s high demand and longer lead times as a “Covid double whammy.”
October 07
12:18
2021
Nucor Fastener acquired “an existing state-of-the-art coil processing facility” in Indiana that includes an automated clean and coat line, two STC furnaces and wire drawing capabilities, as well as bolt making equipment.
September 15
21:39
2021
Founded in 1968, the NFDA “wanted a more modern look and feel to our logo, as our mission has evolved over time… Our rebrand keeps the historical roots of NFDA and offers connections with the next generation.”
September 13
03:48
2021
The September 21-23 International Fastener Expo will have about one-third of the total booths compared with the last pre-pandemic trade show in 2019.
August 31
12:47
2021
Attacks have nearly doubled in 2021 from the previous years. Malicious emails – the most common tactic – have increased 600% since the pandemic began, while the average ransom fee demand has jumped from $5,000 in 2018 to $200,000 in 2021.
August 26
22:14
2021
MWFA president George Hunt of Brighton-Best International and 2021 MWFA Hall of Fame inductee Nancy Rich, who has been the CBNSA / MWFA executive since 1984.
