Global Fastener News

HEADLINES

OBITUARY: Will Rodriguez

June 01
00:00 2009

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...

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‘World’s Largest’ Title Goes to Fastener Fair Stuttgart

May 24
00:00 2009

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....

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PERSPECTIVE – STAFDA President: Green Movement "Here to Stay"

May 24
00:00 2009

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...

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ACQUISITIONS: Fastenal Buying Holo-Krome from Danaher

May 24
00:00 2009

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...

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Russia Initiates Antidumping Investigation on Fasteners From All Countries

May 21
00:00 2009

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...

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IFI Adds Thread Engagement Calculation Feature

May 11
00:00 2009

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,...

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Rose, Spillman Lead NFDA

May 11
00:00 2009

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...

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Cold Heading Wire Rod Prices Continue Slide

May 11
00:00 2009

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...

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Ingersoll Fasteners to Close by End of ’09

May 11
00:00 2009

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...

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PERSPECTIVE: "If No One is Buying, What is the Price?"

May 11
00:00 2009

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...

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Beaulieu at NFDA: Think Ahead Half a Cycle

May 11
00:00 2009

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...

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Toyota’s Jones: Auto Market Will Rev Up

May 11
00:00 2009

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,...

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Turkey Hikes Antidumping Measures

May 11
00:00 2009

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...

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STOCKS: Fastenal, Precision Castparts, Black & Decker, Nucor, Grainger, Bossard, Simpson Strong-Tie

May 11
00:00 2009

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...

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China Fastener Exports Plunge

May 11
00:00 2009

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...

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Obituary: Pearson

May 11
00:00 2009

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...

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Obituary: Johnson

May 11
00:00 2009

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...

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SHOW NEWS: Fastener Tech, STAFDA, IFMSA and Fastener Fair

May 01
00:00 2009

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...

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China Firm Targets Aerospace And Auto Fastener Markets

April 13
00:00 2009

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)...

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Unsealed Fasteners Prompt FAA Action

April 13
00:00 2009

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...

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