Fastener Technology Corp. is a North Hollywood, CA-based supplier of high-strength specialty fasteners for commercial and military aerospace applications.
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Birmingham Fastener opened two branch locations: New York Fastener and Iowa Fastener. These locations will focus on distribution and Vendor Managed Inventory (VMI) sales. New York Fastener, based in Elmira,...

In 2018, threaded rod imports from Taiwan increased 16.2% to 81,244 metric tons, with the value rising 12% to an estimated $156.1 million, according to U.S. Census Bureau data.
William Jones reportedly hid statements showing he used the Spokane, WA, distributorship’s credit card to pay for personal expenses, including his daughter’s college tuition and landscaping at his residence. Fastenal acquired Fasteners Inc. in 2015.

Beaulieu doesn’t think the U.S. and China are close to a trade deal that would reduce or eliminate tariffs. The two countries “can’t even agree on a ‘little’ moonwalk of walking back tariffs in a Phase 1 deal.”

Importing platform was created to reduce lead times on commoditized items without increasing cost.

Knowlton said his sales career “blossomed” once “my customers and distributors became my friends and my business partners as we grew together.”
The Swedish fastener manufacturer said the move provides it a “modern and fully integrated plant with cold forming, heat treatment and surface treatment,” making Bulten one of the few fastener suppliers in China that controls all steps in the manufacturing process in-house.

The 43rd annual Specialty Tools & Fasteners Distributors Association Convention & Trade Show included more than 4,900 attendees and 690+ booths, CEO Georgia Foley announced.
The third Fastener Fair USA will be May 18-20, 2020, in Charlotte.

Chuck Halpin of Brighton-Best International is the new chair of the Fastener Industry Coalition, and John Wachman of the Fastener Training Institute is vice chair.
The tracks in the Sunday-through-Wednesday schedule are: Distribution strategy; leadership / professional development; management + HR; marketing; operations; and sales.
The classic process of adopting any tech and “flipping the switch” is obsolete, Leyden noted. The old ways of doing business will hang on until suddenly a majority embrace new tech, at which point it changes how something is accomplished.
Participants at the Specialty Tools and Fasteners Distributors Association’s NextGen Networking luncheon received advice from business executives.
Swedish fastener manufacturer BUMAX received a SEK 1.7 million (US$177,333) order for corrosion resistant and maintenance free studs to be used for a wind farm off the Belgian coast. BUMAX said...

CSC said steel makers have seen profitability hurt by increased costs of ironmaking raw materials and the sharp decline in steel product prices.
Third-quarter results included 8% organic gain “driven by aerospace engine, defense and commercial transportation growth.”

He alternated the CEO role of Earnest Machine Products Co. with his brother, John. The company was founded in 1948 by their father, Paul Zehnder.

Growth will be strongest in aerospace-grade fasteners, the report found. Increasing demand from end users beyond aerospace equipment for stronger, better performing fasteners will also support rapid gains.

The new exclusion request process indicates U.S. tariffs on Chinese fasteners and other products are unlikely to be removed or reduced for at least the next 12 months.