6/1/2009 HEADLINES OBITUARY: Will Rodriguez Will Rodriguez, founder and president of The Fastener Connection, died May 27, 2009, while golfing in Scotland. He was 61. He started in the fastener...
HEADLINES
5/24/2009 HEADLINES For decades the National Industrial Fastener Show has proclaimed itself the “World’s Largest Fastener Show.” The cover for the 2009 NIFS Show Directory featured the “World’s Largest” title....
12/9/2009 HEADLINES PERSPECTIVE – STAFDA President: Green Movement “Here to Stay” Outgoing Specialty Tools and Fasteners Distributors Association president Hal Look called the “green movement” in business and consumer circles...
12/9/2009 HEADLINES ACQUISITIONS: Fastenal Buying Holo-Krome from Danaher The Fastenal Co. announced it has signed an agreement to acquire certain assets of socket head screw product manufacturer Holo-Krome. The deal...
5/21/2009 HEADLINES Russia Initiates Antidumping Investigation on Fasteners From All Countries The Russian Federation of Ministry of Industry & Trade has initiated an antidumping investigation on imported steel bolts and...
5/11/2009 HEADLINES IFI Adds Thread Engagement Calculation Feature The Industrial Fasteners Institute added three pull-down menus to its IFI Technology Connection to answer engineer and customer questions about thread engagement,...
5/11/2009 HEADLINES Rose, Spillman Lead NFDA Wendy Rose of Blue Chip Engineered Products is the new president of the National Fastener Distributors Association, and James Spillman of Creative Assembly Systems...
5/11/2009 HEADLINES Cold Heading Wire Rod Prices Continue Slide Prices on cold heading quality wire rod have dropped $1.50 per hundredweight to $33.75 per cwt ($675 per ton) in the...
5/11/2009 HEADLINES Ingersoll Fasteners to Close by End of ’09 Auto slump takes toll Ifastgroupe Inc. announced it will close its Ingersoll Fasteners division in Ontario, Canada, affecting nearly 120...
5/11/2009 HEADLINES PERSPECTIVE: “If No One is Buying, What is the Price?” “It is entirely ugly out there” and “There are few encouraging signs at this point” are among comments...
5/11/2009 HEADLINES Beaulieu at NFDA: Think Ahead Half a Cycle “This downturn is the worst in your business career,” economist Brian Beaulieu declared at the National Fastener Distributors Association spring...
5/11/2009 HEADLINES Toyota’s Jones: Auto Market Will Rev Up Auto executive sees silver lining More vehicles are being scrapped than sold and an estimated 900,000 vehicle purchases have been deferred,...
5/11/2009 HEADLINES Turkey Hikes Antidumping Measures The Turkish government increased antidumping measures on fasteners imported from any country in consignments greater than two tons. Previous measures applied four years ago...
5/11/2009 HEADLINES STOCKS: Fastenal, Precision Castparts, Black & Decker, Nucor, Grainger, Bossard, Simpson Strong-Tie Fastenal Slows Store Openings, Trims Workforce – Reacting to an entrenched recession, Fastenal said it has...
5/11/2009 HEADLINES China Fastener Exports Plunge China exports of steel and copper fasteners dropped 46% to 70,000 tons in February, while the value declined 48% to US$110 million, Xinhua News...
5/11/2009 HEADLINES Obituary: Pearson Leslie “Les” Pearson, who started two fastener companies, died April 25, 2009, at age 86. In 1949 he started Time Screw Manufacturing. In 1971, he founded...
5/11/2009 HEADLINES Obituary: Johnson Arvid William (Bill) Johnson died April 21, 2009, at age 81. He had been a partner in the sales agency of Frank J. Brady & Associates...
5/1/2009 HEADLINES SHOW NEWS: Fastener Tech, STAFDA, IFMSA and Fastener Fair Fastener Tech Draws 121 Exhibitors As of early May Fastener Tech 09 reported 121 exhibiting companies have booked 130...
4/13/2009 HEADLINES China Firm Targets Aerospace And Auto Fastener Markets China Aerospace Science & Industry Corp. (CASIC) and China Minmetals plan to invest an additional CNY 60 million (US$8.8 million)...
4/13/2009 HEADLINES Unsealed Fasteners Prompt FAA Action Non-coated fasteners played a role in the Federal Aviation Administration’s proposal to enhance inspection and repair of thrust reversers on more than 300...