Norton|Saint-Gobain Abrasives North America sales & marketing VP Glenn Knowlton will present the Associate State of the Industry address during the Specialty Tools & Fasteners Distributors Association’s 43rd annual convention & trade show in Nashville. Country music duo Big & Rich will open the event.
HEADLINES
The international sourcing and the machinery sections will open early on the first day of the September 17-19, 2019, International Fastener Expo in Las Vegas.
Reed had agreed to acquire Mack Brooks in January.
Arconic has commenced plans to reduce operating costs by approximately $200 million on an annual run-rate basis.
“Long-term contracts were higher, primarily due to higher chemical pass-through revenue and related service fees, while hardware volume increased at a lesser pace,” the company stated.
Fastener distributor 3Q Inc. received ISO 9001-2015 certification, John Vander Veen, sales & marketing, announced. “We are proud and grateful to all of our employees for their efforts in making...
“Rising product demand as an integral bonding component for manufacturing vehicles, home appliances, industrial machinery, and aerospace structures is likely to drive industry growth,” according to a report by Research and Markets.
Reed Exhibitions has agreed to acquire Mack Brooks Exhibitions – owner of multiple fastener trade shows, including the world’s largest, Fastener Fair Stuttgart.
Half of almost 1,000 automotive industry decision makers surveyed in Europe, Asia, and the Americas believe battery electric vehicles are the No. 1 trend in their sector, up from the No. 3 spot in 2016 (and up from the No. 9 spot in 2015), according to KPMG’s Global Automotive Executive Survey 2017.
Sales trends improved in December, with 42% of respondents indicating sales were “better” relative to seasonal expectations vs. 34% of respondents the previous month.
“We did not receive a proposal for a full-company transaction that we believe would be in the best interests of Arconic’s shareholders and other stakeholders,” stated company chairman John C. Plant.
Brahimi: Prime for the online edition are companies with multiple users. “Companies that need multiple books for a single location or books for multiple locations get a much better deal, and several of those have purchased the online subscription.”
Show management for the 8th International Exhibition for the Fastener & Fixing Industry reports 960 exhibitors from 44 countries for the 2019 three-day event. Fastener Fair Stuttgart is open Tuesday,...
Comstock Park, MI-based Straight Drive Fasteners distributes fasteners, adhesives, tools, MRO and accessories.
Registration has opened for the second Fastener Fair USA, set for May 22-23, 2019, at the Cobo Center in Detroit.
Founded in 1965, Smith Fastener distributes industrial fasteners and ancillary products throughout North America from locations in West Virginia, Pennsylvania and Texas.
Equipment includes multi-die headers, nut formers and tappers, pointing machines, and other screw, bolt, specialty fastener and cold forming manufacturing machinery.
Peter Sullivan is retiring from AFC Industries. Sullivan was president of Accurate Fasteners, which was acquired by AFC Industries in 2017. Sullivan was the 2005-2006 president of the National Fastener...
“Tariffs had a small impact on sales and profits in 4Q18, but a greater impact on our inventory growth,” the company stated. “Discussions with customers about addressing tariffs have been encouraging.”
For 2019, Würth expects mid-single-digit growth in sales and a proportionately higher operating result.