“Manufacturers of the future will be looking for distributors with digital buying,” Kleinhandler told a 2019 International Fastener Expo conference. After all, a growing percentage of B2B buyers are “digital natives” – or they grew up on cell phones, laptops and other digital devices.
HEADLINES
October 28
01:39
2019
“They may have gold and are priced like gold,” he told an International Fastener Expo conference.
October 28
01:28
2019
Weld nuts manufacturer Boltun Corp. plans to establish plants in Rende and Yongkang districts of Tainan, Taiwan, Fastener World reports. The total investment is around NTD 1 billion (US$32.7 million)....
October 28
00:27
2019
Highly respected in the fastener industry, Greenslade began his 45-year fastener career in 1970 working for various fastener manufacturers before founding dimensional measuring devices manufacturer Greenslade and Co. in 1978. He sold the company in 2007 and began working as technical director for the Industrial Fasteners Institute, a position he called his “dream job.”
October 28
00:07
2019
Vandermeulen and his wife Elaine acquired Grand Rapids Bolt & Nut in 1976 and retired at the end of 2016.
October 28
00:01
2019
Kanebridge executive volunteering for Covenant House – which has assisted 4,000 youths into ‘stable housing’ and 1,600 into getting jobs.
October 01
09:34
2019
U.S. President Donald Trump agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15 “as a gesture of good will,” Reuters reports. The tariffs were set to increase to 30% from 25% on the goods, including bolts, screws and other fasteners manufactured in China.
October 01
08:19
2019
The U.S. and Japan have reached a partial trade agreement for certain agricultural and industrial goods, including fasteners manufactured in Japan, according to the Office of the U.S. Trade Representative.
October 01
07:20
2019
Importers turning to “tariff engineering” to lower costs. “Everybody is looking for everything,” the attorney told the 2019 International Fastener Expo conference.
October 01
06:57
2019
Agrati worked with National Machinery to purchase a new Formax cold former this year to expand capacity; it also purchased custom assembly machinery from Arnold Machine Inc. in Tiffin, OH.
October 01
05:16
2019
In the first nine months of 2019, the FINdex gained 19.8%, lower than the 23.2% increase by an index of related industrial stocks.
October 01
03:46
2019
The Department of Commerce announced affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of carbon and alloy steel threaded rod from China, India, and Taiwan, the American Journal of Transportation reports.
October 01
03:11
2019
The European Commission re-opened the investigation originally concluded in July 2011 regarding antidumping duties applied to iron and steel fasteners from China to imports from Malaysia, Fastener + Fixing Magazine reports.
October 01
02:22
2019
“Better sales trends and a slight improvement in the employment index were the main contributors of the improvement,” according to R.W. Baird analyst David Manthey.
October 01
01:10
2019
This edition of FIN includes excerpts from conferences during the 2019 International Fastener Expo. An upcoming issue will feature more conference excerpts and information from the 39th annual fastener trade show, including comments from exhibitors.
October 01
01:01
2019
New York-based Sherex already had facilities in Ohio, Mexico and Taiwan.
October 01
00:23
2019
“Sülberg is a very reputed company in the sector with a high-quality product, on-time delivery and continual development of new products in the harvesting sector,” stated Agrisolutions president Tom Welke.
October 01
00:01
2019
1Shot Steel Stud Anchor business development manager Greg Gillespie announced Fastool Warehouse Inc. is the new stocking representative in Atlanta. Brett Cooper of Fastool will represent 1Shot Steel Stud in...
September 03
23:04
2019
Numerous domestic fastener manufacturers are promoting their U.S. operations in advertising, but there are varying responses to whether or how much the tariffs are boosting domestic sales.
September 03
18:05
2019
Twelve hours after China said it would retaliate against U.S. President Donald Trump’s next round of tariffs by raising taxes on American goods, Trump said he would bolster existing tariffs on $250 billion worth of Chinese goods to 30% from 25% on Oct. 1, including duties on bolts, screws and other fasteners manufactured in China. Trump also said the U.S. would tax another $300 billion worth of Chinese imports at a 15% rate, which includes all iron and steel nuts (HTS subheading 7318.16.00) imported from China.
