Anti-dumping probe scrutinizing Chinese screws and bolts, whether or not with their nuts and washers, without heads.
HEADLINES
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.
July 26
09:06
2024
Weak industrial product and lower pricing continued to hurt the company’s fastener sales but the rate of decline slowed.
June 24
16:44
2024
“2023 may be remembered as the first ‘normal’ year since 2019 in terms of supply chain conditions and escalating inflation,” according to Modern Distribution Management.
June 24
15:32
2024
Deal to buy Pennsylvania-based Circle Bolt & Nut (CBN) from Optimas OE Solutions expands AFC's market reach in the Eastern U.S.
June 24
14:03
2024
Fastenal Co. reported fastener sales dropped to 30.8% of overall sales in May, nearly doubling April’s rate of decline.
May 28
15:11
2024
U.S. President Joe Biden imposed tariffs on $18 billion worth of goods, tripling the tariff on Chinese steel and aluminum to 25%.
