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.
August 22
23:04
2021
Taiwan exports 1.36 million tons of fasteners each year at a value of US$3.99 billion. The U.S. imports 609,000 tons of Taiwan fasteners each year at a value of $1.69 billion.
August 16
18:12
2021
The U.S. was the main market for Taiwanese bolts and nuts, with US$1.23 billion in shipments, or 42% of total exports, according to the Taipei Times.
August 02
10:54
2021
The largest Fastener Fair will next be held in 2023.
July 27
12:32
2021
Changing over the company’s vehicle fleet to alternative fuel sources is just one of the measures Adolf Würth GmbH & Co. KG is taking to achieve its goal to be carbon-neutral at all German company sites by 2024.
July 22
12:52
2021
The Taiwan International Fastener Show has been cancelled for 2021 due to Covid-19, but MWFA, IFE, STAFDA and Fastener Fair still have 2021 dates.
July 19
01:11
2021
Introduction of strict regulations like EU’s Carbon Emission Reduction Targets and CAFÉ Standards are compelling automakers to incorporate lightweight materials for enhancing fuel efficiency.
July 13
00:17
2021
Founded to manufacture electronic hardware, today the New Jersey company produces fasteners, cable ties and handles.
July 10
12:55
2021
Fastener Industry News marks the 42nd anniversary of the first newsletter published on July 10, 1979, in Connecticut.
July 07
12:29
2021
First held in 1982, the International Fastener Expo HoF has honored 107 fastener individuals. The 2020 honorees were Tim O’Keefe of G.L. Huyett and John Washman of Desert Distribution. Jessi Solt of G.L. Huyett was named the 2020 Young Fastener Professional.
June 15
12:03
2021
Located in Montbrison, France, SNEP S. A. manufactures specialty fasteners and machined components for aerospace and industrial markets.
June 01
11:38
2021
European Fastener Distributor Association (EFDA) president Dr. Volker Lederer denounced the European Commission’s likely imposition of provisional antidumping duties on iron and steel fasteners from China, saying such a move would imperil fastener supply to the European Union, Fastener + Fixing Magazine reports.
May 28
00:31
2021
French start-up company Urban Canopee and ARaymond connected in 2017 to design fasteners for plant canopies over cities to help combat heat, restore urban biodiversity, fight air pollution and thus improve the quality of life.
May 25
11:33
2021
“Social concerns remained an important issue during 2020 and we reaffirmed our commitment to employee and community safety in light of the pandemic as well as focused on diversity, equity and inclusion,” stated co-CEO John C. Plant.
May 21
02:01
2021
Employers can have a “voluntary” vaccine policy leaving the decision to employees, or employers can institute a “deferred” policy allowing employees to wait until the vaccines have “permanent” approval. But employers also can issue a “mandatory” vaccine policy for all employees.
May 03
12:53
2021
In 1971, David McCormick handed Mike Smith an industrial directory and a Hagstrom map. Smith headed to the Bronx and found a place to park his Triumph Spitfire. “Ignorance was bliss,” Smith looked back at his early sales calls.
April 23
00:53
2021
A minor change in Boeing’s 737 MAX manufacturing process that was insufficiently vetted caused an electrical system problem that temporarily grounded more than 60 of the aircraft.
April 20
11:39
2021
“The ARBURG Plastic Freeforming (APF) technology allows us to tap into a whole new range of options for industrial additive manufacturing,” stated Würth Additive Group CEO AJ Strandquist.
March 18
17:51
2021
“Culture is the fire,” stated Tim O’Keeffe of Kansas-based fastener manufacturer G.L. Huyett. “It is no longer about management and leadership, it’s about the culture.”
