Global Fastener News

HEADLINES

IFE Seeking HoF Plus Young Pro Nominations

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.

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2020 Taiwan Fastener Show Postponed Until October

February 24
22:23 2020
    2020 Taiwan Fastener Show Postponed Until October

“After comprehensive consideration of the new coronavirus epidemic, the organizer decided to extend the exhibition date,” according to the official statement.  

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Ken Forging Turns 50: Inventory Key Strategy

February 24
18:44 2020
    Ken Forging Turns 50: Inventory Key Strategy

Early on, founder Rich Kovach developed a business strategy of having product in stock.

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Commerce Affirms Probes On Asian Threaded Rod

February 24
15:42 2020

The U.S. Department of Commerce announced affirmative final determinations in the antidumping and countervailing investigations of imports of carbon and alloy steel threaded rod from China and India.

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Stanley Black & Decker To Acquire CAM For $1.5b

February 24
11:43 2020
    Stanley Black & Decker To Acquire CAM For $1.5b

The deal with Brea, CA-based Consolidated Aerospace Manufacturing LLC is contingent on the Boeing 737 MAX returning to service and on Boeing meeting certain production goals.

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TriMas Awarded Airbus Contracts

February 24
10:34 2020

TriMas Aerospace’s Monogram Aerospace Fasteners and Allfast Fastening Systems operations were both awarded new supply contracts by Airbus, expanding the company’s engineered fastener sales in Europe.

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After Declines, FDI Rises In January

February 24
09:44 2020
    After Declines, FDI Rises In January

About 53% of respondents saw sales growth above seasonal expectations, while 23% characterized sales as below seasonal expectations.

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Earnest Machine Acquires NTF

February 24
08:17 2020

Earnest Machine closed National Threaded Fasteners’ facility in Perry, OH, on February 12 and will move the inventory and operations to its facilities in Indianapolis and Atlanta.

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Arconic Board Approves Howmet Aerospace

February 24
07:15 2020

Arconic's Engineered Products and Forgings businesses (engine products, fastening systems, engineered structures and forged wheels) will be renamed Howmet Aerospace Inc. in April.

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Barnes Group Sells Seeger-Orbis

February 24
06:52 2020
    Barnes Group Sells Seeger-Orbis

Barnes acquired the Germany-based fastener manufacturer in 2002 and incorporated it into Barnes’ Engineered Components business unit within the Industrial Segment.

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LINC Systems Acquires R.V. Evans Co.

February 24
06:09 2020
    LINC Systems Acquires R.V. Evans Co.

Founded in 1937, Decatur, IL-based R.V. Evans has been owned and operated by the Evans family for over 80 years and is currently led by Kelly Evans (president) and TC Evans, who will continue to lead the company.

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Hilti Introduces Traceable Fasteners

February 24
05:43 2020
    Hilti Introduces Traceable Fasteners

New smart fasteners provide documentation and tracking, digital access to relevant setting instructions, training & inspection documents, and even certifications, according to ProTool Reviews.

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WIFI Posts Scholarship Application Deadlines

February 24
04:15 2020

Women in the Fastener Industry is accepting applications for four memorial scholarships.

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NCFA Distributor Social May 7 Following Plant Tour

February 24
03:35 2020

Prior to the 5pm social, Solution Industries will hold an open house at its 50,000 sq ft facility.

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Bulten Launches BUFOe – Energy Efficient Fasteners

February 24
02:57 2020
    Bulten Launches BUFOe – Energy Efficient Fasteners

By replacing conventional fasteners in a vehicle with BUFOe, CO2 emissions can be reduced by more than 30% in the manufacturing process, according to the Swedish fastener manufacturer.

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SHORTTAKES: EFC, Monster Bolts, Parker Fasteners and Smart Machinery SrL

February 24
02:26 2020

EFC International signed a warehouse lease to increase space in a relocation of its Chicago office from approximately 34,000 square feet in nearby Bloomingdale, IL, to a 63,318 sq ft...

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South Africa Sets Value Tariffs on Fasteners

February 24
01:15 2020

South Africa made a final determination on safeguard measures for imported threaded fasteners of iron or steel, proposing to implement a three-year safeguard measure on the products involved in the form of value tariffs, according to Yieh Corp Steel News.

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Würth Group Sales Continue to Grow

February 24
00:18 2020

“Sales developed in an unusually heterogeneous way in 2019,” the group stated. Sales in Germany increased 2.1%, while sales outside of Germany gained 6.8%.

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Multi-Tek Fastener Automating Facility

February 24
00:09 2020

Company investing as much as NT$300 million (US$9.86 million) to establish a highly automated fastener factory in Taiwan to expand capacity and efficiency.

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Taiwan Threaded Rod Injures U.S. Industry

February 04
19:07 2020
    Taiwan Threaded Rod Injures U.S. Industry

The United States International Trade Commission (USITC) determined that a U.S. industry is materially injured by imports of carbon and alloy steel threaded rod from Taiwan that are sold in the U.S. at less than fair value.

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