“Several participants commented that business activity seems to have leveled off or improved since April, implying a majority of respondents have perhaps already seen the bottom,” R.W. Baird analyst David Manthey wrote.
HEADLINES
July 01
14:56
2020
PCC, which manufactures aerospace fasteners and other components, attributed the layoffs to COVID-19.
July 01
10:57
2020
Acument Global Technologies Inc. named its 2019 TORX brand fastener and drive systems quality award winners. There are 17 fastener manufacturers and seven drive tool manufacturers from eight countries: China,...
May 19
05:01
2020
U.S. fastener executives report production and sales figures have dropped as much as 45%, according to an informal May 2020 survey conducted by GlobalFastenerNews.com.
May 19
03:00
2020
Bob Endries was selling hoods, fenders and other car parts for a distributor to auto body shops but wasn’t comfortable with the company’s ethics. Limited by territories and other rules,...
May 19
01:56
2020
“Its government leveraged technology to trace and quarantine sick people, upped its mask production, and trained communities for lockdowns through large-scale simulations.”
March 17
13:04
2020
Industrial fastener companies in the U.S. have cut travel and limited face-to-face interactions with customers in an attempt to keep employees safe and minimize the spread of the coronavirus.
March 17
06:23
2020
Arconic CEO John Plant has agreed to a three-year employment agreement to lead Howmet Aerospace as co-CEO. Tolga Oal, who currently serves as President of Arconic Engineered Structures, will serve as co-CEO.
March 17
05:27
2020
The U.S. actually needs more immigrants, advised economist Christopher Thornberg.
March 17
04:11
2020
Bulten signed a twelve-year lease of approximately $1 million per year for the new facility, which will be located in Streetsboro between Bulten's current plant in Hudson and PSM’s in Youngstown.
March 17
03:20
2020
“Of note, the improvement in the sales index was driven mainly by the seasonal adjustment factor, as the percentage of respondents seeing better-than-expected sales actually decreased vs. last month, although this is not usual given February is normally a seasonally weaker month,” R.W. Baird analyst David Manthey wrote.
March 17
02:44
2020
A battery electric Freightliner eM2 straight truck began service in the Fastenal fleet in early January, making deliveries to 28 Fastenal branches and Onsite locations in the Los Angeles metro area.
March 17
01:59
2020
What NFDA and Pac-West distributors need to do to “go head-to-head with the Amazon world” is “develop new services and get paid for the services.”
March 17
01:22
2020
74th anniversary dinner was scheduled for April.
March 17
00:52
2020
“Exhibitors from the tool industry have reiterated their great concern for the health of their employees,” show organizers announced.
March 17
00:41
2020
RSA Engineered Products manufactures highly-engineered components, including air ducting products, connectors, flexible joints, ozone converters and machined assemblies, for aerospace and defense applications.
March 17
00:05
2020
AIS – All Integrated Solutions was recognized for shipping 10 million pieces with zero defects. The Outstanding Quality award was presented at the Motus Integrated Technologies 2020 annual Suppliers Conference....
March 17
00:01
2020
First held in 1982, a total of 105 people have been inducted into the Hall of Fame. Edward McIlhon of Assembled Products and Marty Nolan of R.L. English were inducted in 2019.
February 24
22:23
2020
“After comprehensive consideration of the new coronavirus epidemic, the organizer decided to extend the exhibition date,” according to the official statement.
February 24
18:44
2020
Early on, founder Rich Kovach developed a business strategy of having product in stock.
