Global Fastener News

HEADLINES

China Fastener Exports Rise 11% To $5.05 Billion

February 26
07:02 2018
    China Fastener Exports Rise 11% To $5.05 Billion

Fastener exports from China increased 5.8% during 2017, according to Customs data compiled by ChinaFastener.Info. The export value rose 11.3% during the period.

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FDI Rose ‘Slightly’ in January

February 26
06:03 2018
    FDI Rose ‘Slightly’ in January

“In the January survey, a full 82% of respondents indicated sales were ‘better’ relative to seasonal expectations – the highest percentage recorded since FDI inception,” according to R.W. Baird analyst David Manthey.

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Stanley Black & Decker Leases HQ Space for Engineered Fastening Business

February 26
05:52 2018
    Stanley Black & Decker Leases HQ Space for Engineered Fastening Business

The five-story, 30,000 sq ft commercial office building recently underwent a $1 million face-lift, according to the Baltimore Sun.

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NEFCO Acquires Contractors & Industrial Supply

February 26
05:19 2018

NEFCO adds Mid-Atlantic states to NY - New England base.

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Pac-West Meeting Set for April in Arizona

February 26
04:04 2018

Topics: Cybersecurity; Prop 65 Compliance; Managing Thinking Under Pressure; and Economic Forecast.

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NFDA Awards 5 FTI Scholarships

February 26
03:20 2018

The application deadline for the next Fastener Training Institute scholarships is June 1, 2018.

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Fastenal Continues Double-Digit Fastener Growth

February 26
02:25 2018
    Fastenal Continues Double-Digit Fastener Growth

Sales in the U.S. increased 10.5%, while total North American sales improved 11.6%.

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Arconic Fastener Segment Sales Rise

February 26
01:44 2018

“Increased aerospace volume in both engines and airframes coupled with strong net cost savings more than offset unfavorable price and mix.”

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NORMA Group Sees ‘Significant Growth’

February 26
01:30 2018
    NORMA Group Sees ‘Significant Growth’

“Global production of cars and commercial vehicles increased and the U.S. market for commercial vehicles and agricultural machines recovered much more quickly than expected.”

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Bufab Sees ‘Strong’ Organic Growth

February 26
01:14 2018

“We captured market shares in nearly all markets - a result of a systematic focus on the sales organization over many years.”

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SHORTTAKES: Atotech, BBI, B2B Industrial Packaging, Doerken, Rightway Fasteners & Würth

February 26
00:04 2018

Atotech North America hired Andrew Pfeifer as business manager responsible for plating, zinc flake and surface pretreatment product lines. An active member of ASTM F16, Pfeifer has worked as director...

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Stanley Black & Decker To Buy Nelson Fastener Systems

February 01
12:32 2018
    Stanley Black & Decker To Buy Nelson Fastener Systems

Elyria, OH-based Nelson Fastener Systems manufactures fasteners for the aerospace, automotive, construction, energy, industrial, marine and military markets.

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Daniel Bossard Succeeds Dean As Bossard CEO

February 01
11:23 2018
    Daniel Bossard Succeeds Dean As Bossard CEO

Daniel Bossard is in the seventh generation Bossard family, which founded the company in 1831 as a local hardware store in Züg, Switzerland.

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IFI’s McCreight Knows Metals Industry From Jobs

February 01
10:32 2018
    IFI’s McCreight Knows Metals Industry From Jobs

After growing up on the streets of Cleveland, on his first day as a high school graduate McCreight walked into Fredon Corporation in Cleveland looking for a job in manufacturing.

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End of 2017 FIN Survey: Majority Say Sales Up

February 01
10:11 2018
    End of 2017 FIN Survey: Majority Say Sales Up

Sales forecast for 2018 shows 3 out of 4 anticipate a sales increase; 16.7% a decrease; and 8.3% expect sales to remain the same.

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THB Acquired by Fairmont Supply

February 01
08:01 2018
    THB Acquired by Fairmont Supply

Founded in 1986 by brothers Robb Harbertson and Scott Harbertson, THB distributes industrial fasteners and offers services for kitting, packaging and specialized quality control.

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Threaded Fasteners Acquires Bolt & Nut Inc.

February 01
07:10 2018

TFI is joining forces with the Bolt & Nut to create an even more dynamic platform to serve commercial and industrial clients in Florida and the Southeastern U.S., said TFI president Billy Duren.

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Whitworth Leads WIFI for 2018

February 01
05:09 2018
    Whitworth Leads WIFI for 2018

Kushnir is vice president; Richards, secretary; and Goodman, treasurer.

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Fastenal Fastener Sales Grow

February 01
03:20 2018
    Fastenal Fastener Sales Grow

Fastenal Co. capped a turnaround year of fastener sales growth with a double-digit performance in the fourth quarter of 2017. But while fastener sales grew, the company’s gross margin on fasteners was hurt by inflation.

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Rotor Clip Among 1st 50 Companies Certified to IATF 16949:2016

February 01
01:46 2018
    Rotor Clip Among 1st 50 Companies Certified to IATF 16949:2016

The new IATF automotive standard focuses on developing a quality management system, which emphasizes continuous improvement to prevent defects and waste throughout the supply chain.

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