3/23/2009 HEADLINES FIEG: Pull Mismarked Thailand Grade 5 Bolts Customs Official Details Grade 5 Investigative Process U.S. Customs official Kevin McCann said an official government response to allegations of mismarked...
HEADLINES
March 23
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2009
3/23/2009 HEADLINES Creecy: Internet Fraud Hits Distributor for $142k A Sales Systems Limited employee working on a recent Saturday downloaded music triggering a $142,000 loss for the Virginia-based fastener distributor....
March 23
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2009
3/23/2009 PERSPECTIVE – Gilchrist: Value From Participation Robbie Gilchrist of Capital Marketing followed a speaker on galvanizing at the Southeastern Fastener Association meeting and cited several points he as a...
March 23
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2009
3/23/2009 HEADLINES Bailout for Auto Fastener Suppliers? Is there TARP money for fastener suppliers in the new $5 billion government program to aid auto-parts suppliers? Fastener industry insiders say its...
March 23
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2009
3/23/2009 HEADLINES ACQUISITIONS: RivetKing RivetKing Acquisition Corp. Acquires Celus & Techform RivetKing completed its combined acquisition of Celus Fasteners Mfg. and Techform Fasteners Mfg., both of which are domestic manufacturers...
March 23
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2009
3/23/2009 HEADLINES B/E Aerospace a “Screaming Bargain” B/E Aerospace garnered high-profile attention from an investment advisor at Forbes magazine. “It doesn’t pay any dividend, and debt is half its total...
March 23
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2009
3/23/2009 HEADLINES PennEngineering Settles Case PennEngineering & Manufacturing Corp. settled its lawsuit against Shanghai Jingyang Import & Export Co. Ltd. for alleged patent and trademark infringement. Terms were not disclosed....
March 23
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2009
3/23/2009 HEADLINES OBITUARY: Thomas Seal Thomas L. Seal of Arlington Fastener died of a heart attack on March 11, 2009, at age 57. A 25-year fastener veteran with warehouse, inventory,...
March 23
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2009
3/23/2009 HEADLINES Hopwood New EFDA President By Phil Matten, editor of Fastener & Fixing Europe The European Fastener Distributor Association elected Geoff Hopwood as president. Hopwood, chairman of UK importer/master...
March 23
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2009
3/23/2009 HEADLINES Domestic Wire Rod Prices Steady – For Now Prices for domestic wire rod are holding steady, despite weak demand and mill capacity outages, American Metal Market reports. But...
