The 2001 National Fastener Distributors Association president has spent more than 40 years in fastener distribution. He began working full time in the family business, All Tool Sales, in 1978.
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Fontana Gruppo appointed Daniel Di Sebastian as CEO of Acument Global Technologies. Acument is Fontana Gruppo’s North American subsidiary. Di Sebastian joined Acument in 2015 as operations VP. During his...
Robbie Gilchrist and Gina Gilchrist established the Gilchrist Foundation Fastener Scholarship in 2000 to return something to the fastener industry.
“The Commerce Department continues to be overwhelmed, the process is inconsistent at best, and tilted to steel industry at worst,” Industrial Fasteners Institute’s Washington representative Jennifer Baker Reid told GlobalFastenerNews.com.
Semblex was founded in 1968 by Daniel Haerther with three other employees to manufacture small diameter, standard fasteners in Illinois.
Publicly-held companies with fastener operations reported sales gains during the first six months of 2018.
The Office of the U.S. Trade Representative announced that the Section 301 duty to be imposed on $200 billion worth of Chinese goods, including fasteners, will be 25% instead of 10% announced on July 10.
If a deal is reached, Arconic would become the second major aerospace fastener supplier to be acquired in recent months.
As part of its investment, Nucor is working with Trion Coatings to commercialize the technology and will be constructing a pilot facility at Nucor Fastener in St. Joe, IN.
“The imposition of 232 steel tariffs (by the U.S.) further increased the potential for import growth as the result of product previously destined for the U.S. market being diverted to the EU market,” writes Fastener + Fixing Magazine executive editor Phil Matten.
International Fastener Expo events begin on Tuesday, October 30, 2018. The trade show will be 9am to 4pm on Wednesday and Thursday. Advance discount registration ends September 15.
The International Fastener Manufacturing Exposition will be May 14-16, 2019, in Atlanta.
Automated Packaging Systems was recognized by Crain’s Cleveland Business as one of Northeast Ohio’s largest privately-held companies, ranking #28 on the Top 50, based on annual revenue. Automated Packaging’s #28...
The White House is considering additional tariffs of 10% on $200 billion worth of Chinese exports, including fasteners. If implemented, this third round of Section 301 tariffs would begin in September.
In a quarter pre-occupied by multiple rounds of international tariffs, companies with fastener businesses faced uncertainty in their global supply chains.
European wire rod costs rose by around EUR 100/ton in the first quarter 2018, following a similar level of increase in 2017.
After four straight months of decline, the FDI regains its footing amid pricing gains and a stronger outlook for the coming months.
“We now have a warehouse located in the Southwest, allowing us to reduce freight costs to the West Coast for G.L. Huyett products, as well as plans to dispatch lifting hardware to our Tennessee Warehouse to reduce freight costs for customers on the East Coast,” stated CEO Tim O’Keeffe.
There are 25 fastener manufacturers and eight drive tool manufacturers from eight countries for 2017.
Cable tie manufacturer American Elite Molding is marking the 20th anniversary of its founding as Bay State Cable Ties in Massachusetts in 1998. Today American Elite produces 1.5 billion cable...