Essentra, listed on the London Stock Exchange, is a global manufacturer and distributor of plastic and metal components.
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Founded in 1967, Boysen distributes fasteners to an international customer base, employing 54 people at facilities in Munich, Hamburg and Irving, TX.
“While we successfully raised prices as one element of our strategy to offset tariffs placed to date on products sourced from China, those increases were not sufficient to also counter general inflation in the marketplace.”
Fastener associations Southeastern, Southwestern and Pac-West to meet in Texas.
The Böllhoff Group opened a new fastener logistics center in Wuxi, China, responding to “steady” growth in the Chinese market, the group announced. The building, which opened April 1, provides...
Brighton-Best International president Jun Xu told GlobalFastenerNews.com that his company has taken a “hybrid” approach to address tariffs.
The Department of Defense and Department of Energy are “looking hard again at the fastener industry due to questions about counterfeit fasteners,” Mowins said.
Since 2012, robots have been increasing 20% to 30% annually, John Touhy of Fanuc America told a 2019 Fastener Fair USA conference. Robots are “consistently repeatable and reliable” as long as maintained, and they “never talk back.”
Current indications are that the U.S. economy will remain strong, William Strauss, senior economist with the Federal Reserve Bank of Chicago, told a 2019 Fastener Tech conference.
One distributor said they are “hearing about signs of a future downturn” but noted more stable backlog trends, while another predicted slightly slower sales this fall/winter due to an expected “mild recession.”
Insteel Industries Inc. CEO H.O. Woltz suggested changes to “obsolete” U.S. trade laws, including the “antique” definitions of steel production and downstream steel production.
In light of the trade war between the U.S. and China, "it may be the best timing for Taiwanese fastener companies to enhance their order intake,” according to Fastener World.
Founded in 1982, Oxford, MI-based Quality Fastener distributes industrial fasteners and ancillary products to blue-chip customers and local businesses.
The IFE Hall of Fame and Young Fastener Professional awards are administered by an International Fastener Expo selection committee.
The third Fastener Fair USA will be May 20-21, 2020, in Charlotte, NC.
There were 987 exhibiting companies from 45 countries. That makes the number of exhibitors up about 10% and total exhibition space up about 5%.
Among the changes during his Phillips tenure is the “emergence of ISO 9000 in it’s many forms – AS9100, QS9000, etc. – as the global standard for quality assurance.”
Earnest Machine and Unbrako Socket Products announced their new alliance by giving out orange and blue socks with their logos at Fastener Fair USA. Earnest is now a master distributor of Unbrako Socket Products to North America.
INxSQL is adding 2,800 sq ft to its 3,200 sq ft Michigan headquarters, CEO Bob Reynolds announced. There will be 13 additional offices to the 17 original, a large conference...
American Elite Molding issued two apologies and paid Advanced Cable Ties $350,000 to settle lawsuits.