Global Fastener News

HEADLINES

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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Stock Report: H. PAULIN

May 17
00:00 2010
    Stock Report: H. PAULIN

5/17/2010 HEADLINES Stock Report: H. PAULIN H. Paulin reported sales decreased 10% to CAD 123.1 million during 2009, while operating income rose 20% to CAD 3.4 million and net income...

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Stock Report: PRECISION CASTPARTS

May 17
00:00 2010
    Stock Report: PRECISION CASTPARTS

5/17/2010 HEADLINES Stock Report: PRECISION CASTPARTS Precision Castparts reported Fastener Products sales for fiscal 2010 dropped 12% to $1.4 billion, while segment operating income declined 4.3% to $439.3 million, or...

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FINdex Comes Roaring Back

May 17
00:00 2010

5/17/2010 HEADLINES FINdex Comes Roaring Back After gaining 10% in the final quarter of 2009, the FIN Fastener Stock Index came roaring back in the first quarter of 2010, jumping...

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Stock Report: BARNES GROUP

May 17
00:00 2010
    Stock Report: BARNES GROUP

5/17/2010 HEADLINES Stock Report: BARNES GROUP Revenue at Barnes Logistics and Manufacturing Services, including fasteners at Barnes Distribution, slipped 22% to $539.1 million during 2009, hurt by continued weakness in...

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Stock Report: CARPENTER TECHNOLOGIES

May 17
00:00 2010
    Stock Report: CARPENTER TECHNOLOGIES

5/17/2010 HEADLINES Stock Report: CARPENTER TECHNOLOGIES Carpenter Technologies reported aerospace market sales, including fasteners, rose 2% to $149.4 million in the third quarter of fiscal 2010. Excluding surcharge revenue, aerospace...

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Stock Report: CHICAGO RIVET

May 17
00:00 2010
    Stock Report: CHICAGO RIVET

5/17/2010 HEADLINES Stock Report: CHICAGO RIVET “Economic conditions, which were weak at the close of 2008, worsened in early 2009 and had a dramatic impact on revenues in both the...

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Stock Report: DORMAN

May 17
00:00 2010
    Stock Report: DORMAN

5/17/2010 HEADLINES Stock Report: DORMAN Dorman Products continued its growing revenue, with 2009 sales rising 10% to $377.4 million, “driven by strong overall demand for our products and higher new...

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Stock Report: FASTENAL

May 17
00:00 2010
    Stock Report: FASTENAL

5/17/2010 HEADLINES Stock Report: FASTENAL Investors have flocked to Fastenal in recent months, encouraged by the company’s growth. Fastenal reported first quarter sales rose 6.4% to $520.8 million, boosted by...

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Stock Report: LAWSON PRODUCTS

May 17
00:00 2010
    Stock Report: LAWSON PRODUCTS

5/17/2010 HEADLINES Stock Report: LAWSON PRODUCTS Lawson Products reported revenue decreased 21.9% to $378.9 million in 2009, while gross profit fell to $217.8 million and the company’s operating loss narrowed...

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Stock Report: MSC INDUSTRIAL

May 17
00:00 2010
    Stock Report: MSC INDUSTRIAL

5/17/2010 HEADLINES Stock Report: MSC INDUSTRIAL MSC Industrial Direct reported net sales rose 12.4% to $395.5 million in the second quarter of fiscal 2010, with operating income growing 15.4% to...

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Stock Report: NUCOR

May 17
00:00 2010
    Stock Report: NUCOR

5/17/2010 HEADLINES Stock Report: NUCOR Nucor reported cold finished steel sales, including revenue from Nucor Fastener, jumped 39% to 111,000 tons during the opening quarter of 2010, up 27% over...

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Stock Report: SIMPSON MFG

May 17
00:00 2010
    Stock Report: SIMPSON MFG

5/17/2010 HEADLINES Stock Report: SIMPSON MFG Simpson Strong-Tie sales, including fasteners and anchor systems, grew 13.4% during the opening quarter of 2010, with sales to distributors and home centers increasing...

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Stock Report: TRIMAS

May 17
00:00 2010
    Stock Report: TRIMAS

5/17/2010 HEADLINES Stock Report: TRIMAS TriMas Corp. reported lower blind-bolt fastener sales pushed full-year Aerospace & Defense segment revenue, including Monogram Aerospace Fasteners, down 21.9% to $74.4 million during 2009,...

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Derry, Ulrich Lead NFDA

April 27
00:00 2010

4/27/2010 HEADLINES Derry, Ulrich Lead NFDA NFDA President Jim Derry Jim Derry of Field Fastener is the new president of the National Fastener Distributors Association, and Matt Ulrich of Assembled...

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Fastener Acquisitions Increase As Economy Gains Traction

April 27
00:00 2010

4/27/2010 HEADLINES Fastener Acquisitions Increase As Economy Gains Traction As the economy improves, fastener acquisitions are picking up. Economist Brian Beaulieu of the Institute for Trend Research told the spring...

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