Global Fastener News

HEADLINES

FDI Moderates in November

January 08
02:35 2018
    FDI Moderates in November

“In the November survey, 50% of respondents indicated sales were “better” relative to seasonal expectations – down vs. a record 73% in October but nevertheless still much improved vs. average 2016 levels (31%).”

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KLX Exploring “Strategic Alternatives”

January 08
01:40 2018

Company has retained Goldman Sachs & Co. as financial advisor and Freshfields Bruckhaus Deringer US LLP as legal advisor to assist in its review.

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Earnest Machine Marks 70th Anniversary

January 08
01:13 2018
    Earnest Machine Marks 70th Anniversary

“To define our future, we only need to look to our past,” president Kirk Zehnder said. “My grandfather, Paul Zehnder, founded the company in 1948 with the idea to ‘put the needs of the customer first’.”

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Wishnew, Henry Lead MWFA in 2018

January 08
00:23 2018

Founded in 1946 as the Chicago Bolt, Nut & Screw Association, the organization became MWFA in 2004.

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SHORTTAKES: AFT Fasteners, Beacon Fasteners, BBI, EFC Int’l, G.L. Huyett and Grainger

January 08
00:01 2018

AFT Fasteners & Industrial Supply has moved to a larger location. The new address is 204 South 6th Ave., Mansfield, TX 76063. Founded in 1984, AFT Fasteners distributes fasteners and...

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Endries Int’l Acquired By Equity Firm

January 07
05:46 2018
    Endries Int’l Acquired By Equity Firm

Endries will continue to be led by CEO Steve Endries and his executive team.

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AG Investigating Broken Bolts on Mario Cuomo Bridge

January 07
03:27 2018
    AG Investigating Broken Bolts on Mario Cuomo Bridge

A former safety inspector turned whistleblower alleges that throughout construction, evidence of about 60 broken A490 bolts was discarded and documents were falsified.

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Fed Reserve Speaker Slated for Fastener Tech 2019

January 07
01:31 2018

The biennial trade show will be June 3-5, 2019, in Rosemont, IL.

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Trade War and Future of Fastener Distribution Among Topics for 3 Associations’ Joint Meeting

January 07
01:11 2018

The National Fastener Distributors Association, Mid-West Fastener Association and Pacific-West Fastener Association will meet together at the Omni San Diego Hotel on March 13-16, 2019.

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Fastener Sales Steadily Increase at Fastenal

December 12
17:40 2017
    Fastener Sales Steadily Increase at Fastenal

After months of decline, Fastenal Co. fastener sales are achieving double-digit growth in 2017.

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Cordless, Safety, Productivity Trends in 2018

December 12
06:37 2017

In his Associate State-of-the-Industry address, Joe Smith of Metabo Power Tools / North America said “revolutionary technological innovation & development are driving the cordless trend.”

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Leahy at STAFDA: Leaders Are Raised, Not Born

December 12
05:13 2017
    Leahy at STAFDA: Leaders Are Raised, Not Born

STAFDA president got first career job by offering to work one week for free.

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IFE & STAFDA Overlap in 2018

December 12
04:31 2017
    IFE & STAFDA Overlap in 2018

STAFDA will be Sunday, Monday & Tuesday in Phoenix; IFE is Tuesday, Wednesday & Thursday in Las Vegas.

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Hodell-Natco Acquires Davco Fastener

December 12
03:24 2017

Hodell-Natco president Kevin Reidl – the 2013-14 president of the National Fastener Distributors Association – views the acquisition as the perfect step in Hodell-Natco’s growth strategy.

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St. John, Baird Lead STAFDA for 2018

December 12
02:26 2017

Auburn, Washington, distributor becomes first woman president of the association founded in 1976.

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Avrin to STAFDA: Look at Reviews of Your Company

December 12
02:05 2017
    Avrin to STAFDA: Look at Reviews of Your Company

“You have to be known as the best choice in the marketplace for something. Otherwise the decision is just price,” consultant Arvin told a Specialty Tools & Fasteners Distributors Association seminar.

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Employees Still Need to Know Their Jobs

December 12
01:20 2017

Chester opened his presentation with the story of Bob Knopps, who wound wire for 59 years until retiring in 2009. “That doesn’t happen anymore,” Chester noted.

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Gilchrist Announces 58th Scholarship

December 12
01:02 2017

Robbie and Gina Gilchrist established the Gilchrist Foundation Fastener Scholarship in 2000 to return something to the fastener industry.

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SHORTTAKES: American Elite Molding, AutoCraft USA and United Performance Metals

December 12
00:24 2017

American Elite Molding was named 2017 Florida Manufacturer of the Year by the Manufacturers Association of Florida. The nylon cable tie manufacturer was chosen for the medium (101-250 employees) category....

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Obituary: Bill Hayes

December 12
00:12 2017

He founded Hayes Bolt in San Diego in 1976 and sold the distributorship to his first employee, Suzanne Dukes, in 1980. He had started Hawaii Nut & Bolt Inc. in 1979.

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