Global Fastener News

HEADLINES

U.S. Tariff on Chinese Fasteners To Continue

March 25
15:25 2019
    U.S. Tariff on Chinese Fasteners To Continue

The original tariff of 10% will continue for a “substantial period of time because we have to make sure that if we do the deal with China that China lives by the deal,” U.S. President Donald Trump stated in late March.

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Fastener Innovator 2019 Announced At Stuttgart

March 25
08:24 2019
    Fastener Innovator 2019 Announced At Stuttgart

Flat safety washers, miniature screw threader, and thread-forming screws for thin sheet metal were the 2019 new product winners announced at Fastener Fair Stuttgart.

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Panel: How To Treat Customers

March 25
06:07 2019
    Panel: How To Treat Customers

Mike Bailey of Nucor Fastener, Marc Strandquist of Würth Industry North America, Field CEO Bill Derry spoke on the “Future of Fastener Distribution” during the joint conference of the NFDA, Mid-West Fastener Association and Pacific-West Fastener Association in San Diego.

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Brewster Washers Marking 100th Anniversary

March 25
04:49 2019
    Brewster Washers Marking 100th Anniversary

The manufacturer has had only two locations – moving from the original plant to Fairfield, NJ, in 1958.

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South Africa Investigating Surge in Fastener Imports

March 25
04:00 2019
    South Africa Investigating Surge in Fastener Imports

South Africa notified the WTO of investigation, which started March 1. Interested parties have 20 days to submit information.

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FDI Falls To Near Two-Year Low

March 25
03:17 2019
    FDI Falls To Near Two-Year Low

“Stabilization or further moderation in the FDI could be more likely than acceleration from here,” according to R.W. Baird analyst David Manthey.

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Fastener Tech Announces 4 Conference Sessions

March 25
02:39 2019

75 exhibitors booked for June 4-6, 2019, biennial trade show in Rosemont, IL.

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Stanley Engineered Fastening Expands

March 25
02:05 2019
    Stanley Engineered Fastening Expands

The city of Elyria, OH, is expected to gain “nearly 100 manufacturing jobs, another 130,000 square feet of manufacturing space and millions in investment,” writes Dave O’Brien of the Chronicle-Telegram.

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Wodin, BBI to Host Open Houses With North Coast Social

March 25
02:04 2019

The Social will be 5pm to 8pm, Thursday, May 9, 2019, at the Crowne Plaza Hotel in Independence, OH.

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SHORTTAKES: Auto Bolt, Field and Intuilize

March 25
01:29 2019

Auto Bolt Company named Libby Beattie to inside sales and Pete Drury senior tool engineer. Beattie has  25 years experience in customer service/quoting, including the last eight years in the...

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No Need to Change? Look at Malls

March 25
00:21 2019

“Your competitors are afraid to change,” stated consultant Dirk Beveridge of UnleashWD. You need to be willing to open up your eyes and ask, “Why?”

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13 Companies Challenge Industry With Donations

March 25
00:16 2019

At the MWFA/NFDA/Pac-West conference in San Diego, the companies agreed to donate $100 a month for one year and “they challenge you to join with them to raise funds for this worthy cause that benefits everyone in the industry.”

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Fastener Tariff Hike Suspended ‘Until Further Notice’

March 04
23:05 2019
    Fastener Tariff Hike Suspended ‘Until Further Notice’

The U.S. Trade Representative’s office said it would move to formally suspend a scheduled tariff increase on Chinese goods “until further notice,” Reuters reports.

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Vulcan Steel Seeks Duties on Asian Threaded Rod

March 04
22:39 2019
    Vulcan Steel Seeks Duties on Asian Threaded Rod

Steel threaded rod, bar, or studs subject to these investigations are non-headed and threaded along greater than 25% of their total actual length and produced in China, India, Taiwan and Thailand.

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Company Culture Change Starts With Leader ‘Vision’

March 04
21:17 2019
    Company Culture Change Starts With Leader ‘Vision’

How ready are you for a change in your company? Dr. Nathan Baxter asked the Southwestern Fastener Association. “It starts with a change of company culture,” he advised.

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Endries Int’l Buys Industrial Products Co.

March 04
20:50 2019

Founded in 1976 with 3 employees in a 3,000 sq ft warehouse, Lynchburg, VA-based IPC supplies fasteners and related production components to the OEM market, with warehouses in Virginia, Mississippi, Nebraska, and China.

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Nuts and Bolts Acquires Fasteners Inc.

March 04
20:39 2019

The deal, which included the associated Arconic (Huck) distribution rights, was finalized on December 31.

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Bossard Group Acquires BRUMA

March 04
19:44 2019

“This investment will enable Bossard to consolidate its presence on the German market,” the group stated.

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SFA Board Making Changes

March 04
19:10 2019
    SFA Board Making Changes

The Southwestern Fastener Association board has been struggling with direction, as most of the eight regional fastener associations have.

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U.S. 232 Tariff Exclusion Process Still Vexing

March 04
18:36 2019
    U.S. 232 Tariff Exclusion Process Still Vexing

“It’s caused us major, major chaos,” Dexter Fastener Technologies VP Jim Cremering told The Detroit News. "We got exemptions for some, but not others. It doesn’t make sense.”

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