In addition to increased oversight of Boeing and auditing production of the 737 Max 9 jetliner, the Federal Aviation Administration may use an independent third party to oversee Boeing’s inspections and its quality system.
HEADLINES
January 29
10:54
2024
Sherex president Adam Pratt will assume the role of president of Sherex and ATLAS, and Alex Hsiao will continue as GM of Sherex Taiwan.
December 29
23:46
2023
The upturn remains “fragile” from ongoing uncertainty around the war in Ukraine, the sluggish decline in global headline inflation, and continued food and fuel inflation in developing countries, a new report found.
December 29
22:52
2023
Adopting Artificial Intelligence can be important in hiring younger employees who want a “forward thinking company,” panelist Lonni Kieffer of SmartCert explained.
December 29
21:46
2023
State officials approved more than $5 million in incentives for a 365,000 sq ft manufacturing facility owned by Turkey-based Norm Fasteners.
December 29
20:34
2023
Results “indicative of a true stabilization and recovery in fastener markets for the first time in quite a while,” according to R.W. Baird analyst David Manthey.
November 29
23:20
2023
Deal to acquire Houston Precision Fasteners would allow Bologna-based Poggipolini to accelerate growth in aerospace and defense industries.
November 29
22:09
2023
Except for a brief increase in September, fastener sales at Fastenal Co. have declined five of the last six months.
November 29
19:23
2023
Soft economic landing tone emerges: “I am beginning to be a bit more confident that the long-promised recession isn't coming,” a respondent noted.
November 01
13:51
2023
While the FIN Fastener Stock Index lost 0.9% of its value in the third quarter, gains remain solid for the first nine months of 2023.
November 01
13:28
2023
The high court turned away PrimeSource Building Products' appeal of a lower court's decision to uphold a 25% tariff on fasteners and other steel derivatives.
November 01
13:11
2023
After years of volatile raw material prices, material and energy costs have stabilized, making price increases smaller than during the pandemic.
November 01
12:53
2023
Cold form fastener facility in Monterrey will continue Optimas Solutions' “near-shoring” efforts to minimize supply chain risk.
September 28
23:31
2023
Automotive executives and analysts characterize the evolution to EVs as the biggest technological transformation since Henry Ford introduced his moving assembly line in 1913.
September 28
22:49
2023
The International Fastener Expo Hall of Fame announced six fastener professionals will be inducted on October 10 during the annual trade show in Las Vegas.
September 28
21:52
2023
Digital marketing consultant tells Mid-West Fastener Association: “Your competitors are jumping at artificial intelligence.”
September 28
20:10
2023
Three of the four Fastener Distributor Index indicators (sales, employment and supplier delivers) improved, while customer inventories declined.
August 28
23:41
2023
Improperly drilled holes, called "snowmen" because of their elongated shape, were filled with fasteners on some 737 Max planes before passing quality inspections at Spirit Aerosystems.
August 28
22:17
2023
The parent company of Brighton-Best International was again the top fastener company in Taiwan in 2022, Fastener World reports.
August 28
21:23
2023
Japan-based Owari Seiki is poised to play a role for OEMs and component manufacturers operating in Japan, aligning with the growing emphasis on local procurement.
