Global Fastener News

HEADLINES

ACQUISITION: ASG Acquires MicroTorq

June 21
00:00 2010

6/21/2010 HEADLINES ACQUISITION: ASG Acquires MicroTorq ASG acquired the assets of MicroTorq LLC. Cleveland-based ASG, a division of Jergens Inc., manufactures standard tooling and specialty fastener products. Traverse City, MI-based...

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PERSPECTIVE: Taiwan Invites The World
 To Visit The Source

June 21
00:00 2010
    PERSPECTIVE: Taiwan Invites The World
 To Visit The Source

6/21/2010 HEADLINES PERSPECTIVE: Taiwan Invites The World
 To Visit The Source Editor’s Note: The Taiwan External Trade Development Council invited leading fastener journalists from around the world to Taiwan to promote...

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ACQUISITION: Grainger Creates South American JV With Torhefe

June 21
00:00 2010

6/21/2010 HEADLINES ACQUISITION: Grainger Creates South American JV With Torhefe Grainger announced a joint venture with a South American fastener company – an affiliate of Torhefe S.A., THF International SAS....

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NFDA Forecast Shows Key Metals Indicators Up

June 21
00:00 2010

6/21/2010 HEADLINES NFDA Forecast Shows Key Metals Indicators Up All leading indicators are pointing to U.S. economic recovery and growth according to the National Fastener Distributors Association Market Forecast for...

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SHORTTAKES: Acklands-Grainger, Atlantic Fasteners, Brighton-Best International, Cable Tie Express, Chandler Products, Dyson Corp., Fall River Manufacturing, FastenFinder.com, Olander Company, 3V Fasteners, Semblex and Topura America Fastener

June 21
00:00 2010

6/21/2010 HEADLINES SHORTTAKES: Acklands-Grainger, Atlantic Fasteners, Brighton-Best International, Cable Tie Express, Chandler Products, Dyson Corp., Fall River Manufacturing, FastenFinder.com, Olander Company, 3V Fasteners, Semblex and Topura America Fastener   Acklands-Grainger...

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CLASSIFIED: SALES – Stelfast Inc.

June 21
00:00 2010

6/21/2010 HEADLINES CLASSIFIED: SALES – Stelfast Inc. Stelfast Inc., a leading importer of Industrial/Automotive Fasteners, is currently seeking Sales Representatives to join the Stelfast team throughout the country. All levels...

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CLASSIFIED: Discount for July Fastener Training

June 21
00:00 2010

6/21/2010 HEADLINES CLASSIFIED: Discount for July Fastener Training Fast Track Your Technical Skills Accelerated training available July 19-23, 2010, for the Fastener Training Institute / Industrial Fasteners Institute one week...

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SHOW NEWS: Budapest Show Outpacing Past Shows

June 21
00:00 2010

6/21/2010 HEADLINES SHOW NEWS: Budapest Show Outpacing Past Shows Fastener Fair Budapest has already outgrown the first show held in 2008. The Eastern European trade show will be September 6-7,...

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SHOW NEWS: China Show Draws From 28 Countries

June 21
00:00 2010

6/21/2010 HEADLINES SHOW NEWS: China Show Draws From 28 Countries The third Fastener Trade Show in Hangzho, China reported 239 exhibiting companies with 282 booths on 13,000 sq meters of...

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Platinum Equity Selling Avdel To Pan-Asian Private Equity Firm

May 27
00:00 2010

5/24/2010 HEADLINES Platinum Equity Selling Avdel To Pan-Asian Private Equity Firm Platinum Equity, the parent company of Acument Global Technologies, signed a definitive agreement to sell Acument’s Avdel and Global...

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B&B Hardware Files Multi-Million Dollar Lawsuit Against Fastenal Over Exclusivity Contract; Fastenal Responds

May 24
00:00 2010

5/24/2010 HEADLINES B&B Hardware Files Multi-Million Dollar Lawsuit Against Fastenal Over Exclusivity Contract; Fastenal Responds Fastenal Responds Fastenal addressed the issue in recent SEC filings. The following was taken from...

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PERSPECTIVE – Report: 1 in 8 UK Fastener Companies Could Change Ownership Due to Economy

May 24
00:00 2010

5/24/2010 HEADLINES PERSPECTIVE – Report: 1 in 8 UK Fastener Companies Could Change Ownership Due to Economy A Plimsoll Industry Analysis on the fastener industry finds “cash rich competitors waiting...

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SHOW NEWS: All American Fastener Show, NIFS/East

May 24
00:00 2010

5/24/2010 HEADLINES SHOW NEWS: All American Fastener Show, NIFS/East NIFS/East Returning to Battelle Hall in Columbus for 2011 The National Industrial Fastener Show/East will return to the hall where the...

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CLASSIFIED: Central North Carolina Distributor For Sale

May 24
00:00 2010

5/24/2010 HEADLINES CLASSIFIED: Central North Carolina Distributor For Sale Central North Carolina Distributor • 45-Year-Old Company • Great reputation. • Fasteners – Industrial – STAFDA For information contact: Charles Milam,...

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CLASSIFIED: Engineering/Tool Design, Elgin Fastener Group – Cleveland

May 24
00:00 2010

5/24/2010 HEADLINES CLASSIFIED: Engineering/Tool Design, Elgin Fastener Group – Cleveland Seeking an experienced engineer for cold-heading part and tooling design. AutoCAD, Excel proficiency and fastener tooling design experience a must....

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CLASSIFIED: Seasoned Sales Associate Wanted

May 24
00:00 2010

5/24/2010 HEADLINES CLASSIFIED: Seasoned Sales Associate Wanted Page Industrial Supply, Inc. is looking for a sales associate with prior experience in the fastener industry. Our fastener company services the continental...

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Stock Report: B/E AEROSPACE

May 17
00:00 2010
    Stock Report: B/E AEROSPACE

5/17/2010 HEADLINES Stock Report: B/E AEROSPACE Sales at B/E Aerospace’s fastener business, Consumables Management, dropped 23.5% to $798.1 million on a proforma basis during 2009. The company said the decline...

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Stock Report: GRAINGER

May 17
00:00 2010
    Stock Report: GRAINGER

5/17/2010 HEADLINES Stock Report: GRAINGER Grainger reported sales declined 9% to $6.2 billion in 2009, while net earnings fell to $430 million and earnings per share dropped 6% to $5.62....

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Stock Report: ITW

May 17
00:00 2010
    Stock Report: ITW

5/17/2010 HEADLINES Stock Report: ITW With “virtually all OEMs boost(ing) production,” ITW reported sales at its Transportation segment, including fasteners, increased 9.6% to $593.1 million during the fourth quarter of...

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Stock Report: PARK-OHIO

May 17
00:00 2010
    Stock Report: PARK-OHIO

5/17/2010 HEADLINES Stock Report: PARK-OHIO Park-Ohio’s Supply Technologies reported revenue, including fasteners, rose 13.5% to $94.2 million during the opening quarter of 2010, while operating income swelled to $4.5 million....

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