"It’s vital that we invest in a network of distribution centers to ensure that all of our partners benefit from local support and expertise,” stated CEO Anesa Chaibi.
HEADLINES
Click Bond CEO Karl Hutter has been named to the National Association of Manufacturers Board of Directors. Founded in 1895, NAM is the largest manufacturing association in the U.S., representing...
Halvorsen was the first executive director of the Specialty Tools & Fasteners Distributors Association, serving from 1977 - 1999.
Genstar Capital sold MW Industries, Inc. to affiliates of equity firm American Securities LLC in partnership with MW Industries management. Terms of the deal were not disclosed.
IFE Hall of Fame Inductee: Less than 5% of people have written goals, but “over 80% of people who write it down accomplish it.”
He started in the fastener industry in 2001 by responding to a Sherex Fastening Solutions online ad when he was 21 and the company had seven employees. That led to an ownership opportunity by the time he was 24 and Sherex growing into a global manufacturer with 170 employees worldwide will annual revenue topping $30 million.
Women in the Fastener Industry also presented awards to: Friedberg, Hsieh, Bialas, Cohn and Reynolds.
“A bolt can be like a piece of glass” when not properly installed, Calfee declared. That includes using the right washer, nut and bolt and using the right torque.
“In America, Bossard continues to benefit from the cooperation with the largest US electric vehicle manufacturer as well as the turnaround in demand from the second major customer, a company in the agricultural technology sector.”
The culture consultant advised Women in the Fastener Industry to avoid wearing a green hat in China, which is a symbol of a woman cheating on a partner. Avoid purple in India as it is associated with fear and a Hindu goddess.
New 80,000 sq ft facility becomes the primary manufacturing site for all PEM self-clinching fastener products sold throughout Europe.
Founded in 1979, TFI is an employee-owned manufacturer and distributor of steel fasteners, with more than 140 employees.
The transaction marks Lawson Products’ fifth and largest acquisition in 24 months and more than doubles its sales in Canada.
Fastener Fair Mexico will move to Guadalajara in 2018, “looking to better serve the Mexican marketplace in need of industrial fastener and fixing solutions.”
The Fastener Distributor Index for September dipped slightly to 61.5, “with sales trends remaining very strong,” writes R.W. Baird analyst David Manthey.
Arconic Inc. named Charles “Chip” Blankenship as CEO, effective January 15, 2018. Blankenship is a 24-year veteran of General Electric who spent much of his career in its aviation and...
The FIN Fastener Stock Index regained momentum in the third first half of 2017, increasing 2.3% during the period.
McCreight becomes the IFI’s seventh MD in the 86-year history of the trade association of North American fastener manufacturers and suppliers.
About 30% of employees in any company are “A” players, according to Bob Nugent, senior consultant at MAP (Management Action Programs). The rest are “B” or “C” players.
Fastener companies in the Houston and Florida hurricane paths reported more damage to employee homes than to businesses. Here is a sampling of responses from Hurricanes Harvey in Texas and...