U.S. President-elect Donald Trump pledged to impose a 25% tariff on all goods from Mexico and Canada on his first day in office.
HEADLINES
November 26
15:15
2024
Oregon-based fastener manufacturer building a $4.3 million East Coast production facility expected to create 21 new jobs.
November 26
14:02
2024
Taiwanese fastener exports to the U.S. (its largest market) dipped a mere 0.31% in September, while fastener exports to Europe grew 14%, according to Fastener World.
November 26
13:02
2024
Despite moderation, the Fastener Distributor Index reading “still meaningfully marks the second highest monthly FDI reading in 2024.”
November 26
11:50
2024
Deal for Apopka, FL-based AFI strengthens Endries' presence in Florida, North Carolina, Georgia, Tennessee, and Texas.
October 25
14:45
2024
Anti-dumping probe scrutinizing Chinese screws and bolts, whether or not with their nuts and washers, without heads.
October 25
13:35
2024
The FIN Fastener Stock Index recovered in the third quarter of 2024 as “production at U.S. factories surged in August amid a rebound in motor vehicle output.”
October 25
10:31
2024
By end market, overall sales to heavy manufacturing customers improved 1%, while sales to all other manufacturing customers increased 7.5%.
October 25
10:22
2024
Sales, employment, and customer inventories rose in September as supply chains improved, the Fastener Distributor Index found.
September 24
15:34
2024
Cascade president Tom Boline will lead sales for the structural market throughout Field’s footprint and the Pacific Northwest industrial market.
September 24
13:56
2024
Founded in 1874 by William Anderson, the company relocated from Cleveland to Tiffin, OH, where it continues to find global success in advanced cold forming technology.
September 24
11:44
2024
Carmen Vertullo is celebrated for his contributions to the fastener industry as an engineer, consultant, teacher, and mentor.
September 24
10:56
2024
“Fastener market conditions and the industrial economy in general continued to be soft but slightly better... in August.”
August 28
18:09
2024
Fastener Distributor Index (FDI) fell below 50 for the first time since January, with several participants seeing signs of a broader slowdown beyond just seasonal weakness.
August 28
14:03
2024
Deal vertically integrates and strengthens Houston-based Lamons’ portfolio of fastening solutions.
August 28
13:14
2024
Bob Miller will replace current Fasteners GM Keith Shope, who is preparing to retire as BlackHawk retools its fastener division leadership.
August 28
12:58
2024
Monthly fastener sales at Fastenal Co. continue to seesaw amid weaker industrial production and lower pricing.
July 26
14:44
2024
Facing ongoing headwinds in U.S. manufacturing economic activity, only two FIN Fastener Stock Index companies — both aerospace suppliers — achieved stock price gains in the second quarter.
July 26
13:40
2024
Deal marks “a significant milestone in its strategic expansion plans to serve manufacturers headquartered throughout the greater Midwest and Atlantic regions.”
July 26
11:47
2024
“Neither guy is going to do our industry any favors,” a U.S. fastener distributor explained as survey results revealed fastener market conditions worsened in June.
