Global Fastener News

HEADLINES

Fastener Industry Scores Win in Trade ‘War’ with China

June 18
22:18 2018
    Fastener Industry Scores Win in Trade ‘War’ with China

Steel and iron nuts (HS code 73181600) were excluded from a list of Chinese products subject to a 25% tariff by the Trump administration under Section 301 of the Trade Act of 1974.

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MWFA Panel: No Chance Fastener Prices Dropping

June 18
21:24 2018
    MWFA Panel: No Chance Fastener Prices Dropping

“Panic buying” among problems Kerr, Cincinello, Herbst and Hunt discuss at Mid-West Fastener Association meeting.

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IFI Names Walker as 8th Managing Director

June 18
20:59 2018
    IFI Names Walker as 8th Managing Director

Dan Walker, PE, has engineering and association management experience.

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Cole, Zehnder Head NFDA for 2018-2019

June 18
20:45 2018
    Cole, Zehnder Head NFDA for 2018-2019

Kelly Cole of Hayes Bolt & Supply calls for “breaking down the ‘fragmentation’ of so much of the fastener community.”

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Kerr Lakeside Marking 70th Anniversary

June 18
20:00 2018

Today the family-run manufacturer now managed by the third and fourth generations.

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Fastenal Plans Mississippi Facility

June 18
19:46 2018
    Fastenal Plans Mississippi Facility

129,000 sq ft distribution center in Madison County, MS, to cost $11.5 million.

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IFE Unveils Dates & Venue Through 2020

June 18
19:22 2018

“Securing the right venue at such an ideal time, multiple years ahead is very challenging in Las Vegas,” said Karalynn Sprouse, executive VP of Emerald Expositions.

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Fastener Fair USA ‘Successful’

June 18
18:30 2018

Show management declared the first Fastener Fair USA “successful” and announced rounded-off figures of 2,000 registrants attending and 250 exhibiting companies from 20 countries.

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200 Companies Booked for 2018 Fastener Fair Italy

June 18
17:39 2018
    200 Companies Booked for 2018 Fastener Fair Italy

More than 200 exhibiting companies from 14 countries have booked space for the 2018 Fastener Fair Italy.

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Beaulieu at NFDA: 2018 Is A Year For Spending

June 18
17:33 2018

This is a time to “borrow and invest in inflation-beating investments such as new product lines or opening in a new geographic territory, Beaulieu suggested. “Lock in your lease.”

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SHORTTAKES:

June 18
15:34 2018

Advance Components is now a master stocking distributor of Heyco Solar Power Components. “Heyco is excited to announce the recent addition of over 220,000 pieces of 28 different SKUs to...

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Distributors Report Q1 Sales Up 10.2%

June 18
13:49 2018

STAFDA members’ sales increase comes despite construction starts being down 7% from 2017 Q1, according to Dodge Data & Analytics Report.

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FDI Slips For 4th Consecutive Month

June 18
12:56 2018

“According to several participants, demand remains strong, with one respondent indicating ‘open orders are up 39% compared to last year at this time.’”

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2017 Ties 2016 As Top Acquisition Years

June 04
16:34 2018
    2017 Ties 2016 As Top Acquisition Years

“With so many significant fastener deals completed during 2017, it was not easy selecting the ‘Top Ten’,” Pinnacle Capital CEO Richard Hagan observed.

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301 Tariffs May Apply 25% Duty to “All” Nuts

May 29
17:13 2018
    301 Tariffs May Apply 25% Duty to “All” Nuts

Currently all nuts (HS code73181600), including inch, metric, and locking nuts, are on the list of goods that will receive the 25% duty announced by the White House.

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Mowins: More Than Weight Involved In Lightweight Fastener Design

May 29
04:23 2018
    Mowins: More Than Weight Involved In Lightweight Fastener Design

Among the issues: Assembly speed, tool life, line stoppage, torque monitoring, serviceability, aircraft downtime and even end of life disassembly.

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Cable Tie Manufacturers Battle in Court

May 29
03:16 2018

American Elite Molding files suit claiming Advanced Cable Ties employs undocumented workers. ACT terms lawsuit as "Retaliatory Claim for Jury Verdict Against AEM."

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Ramco Specialties Acquires Copa Tool

May 29
02:24 2018
    Ramco Specialties Acquires Copa Tool

Ramco said Greater Detroit-based Copa’s expertise in precision manufactured assembled components will expand Ramco’s domestic manufacturing capabilities. 

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SHORTTAKES: AFI Industries and B2B Industrial Packaging

May 29
01:21 2018

AFI Industries Inc. received IATF 16949:2016 and ISO 9001:2015 accreditation. Founded in 1976, AFI Industries is a domestic cold header of screws M2.9 to M14 diameters up to 152.4 MM...

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Fastener Fair Stuttgart Adding Adhesives for 2019

May 29
01:16 2018
    Fastener Fair Stuttgart Adding Adhesives for 2019

UK-based Mack Brooks Exhibitions announced more than 700 companies from 38 countries have booked booths for the March 19-21, 2019, trade show in Germany. So far, 85% of total space is reserved.

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