Global Fastener News

HEADLINES

All America Sells Division to Vulcan Threaded

September 05
00:02 2017
    All America Sells Division to Vulcan Threaded

Denver-based All America is now focusing on specialty threaded products and Vulcan Threaded will continue large-volume commodity threaded rod.

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Ta Chen International Unveils Primus Pipe & Tube

August 07
23:45 2017
    Ta Chen International Unveils Primus Pipe & Tube

Ta Chen International is a master distributor of stainless, aluminum and nickel alloy coils, sheets, plates, long products, tubes and PVFs, and is owned by Taiwan-based Ta Chen Stainless Pipe Co. Ltd. – the parent company of fastener master distributor Brighton-Best International.

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Canada Amends Fastener Tariff

August 07
23:30 2017
    Canada Amends Fastener Tariff

OBI, a U.S. vendor and potential exporter to Canada of the OBI screws requested this interim review in the nature of an exclusion request on the basis that the domestic industry does not produce noise-dampening screws.

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Lammers: Value Analysis Leads to Customer Loyalty

August 07
23:15 2017
    Lammers: Value Analysis Leads to Customer Loyalty

A “Value Analysis / Value Engineering” program is a “team approach to eliminate or prevent unnecessary cost and increases customer satisfaction,” Lammers told the NFDA / NEFDA joint session.

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NIFMSE Moves to Las Vegas Convention Center

August 07
23:00 2017
    NIFMSE Moves to Las Vegas Convention Center

The 2017 official hotel – Westgate – is 3/10 mile from this year’s new convention center location. Last year’s official hotels are more than a mile away. Hotels.com lists 16 other hotels within a mile.

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FDI Sets Sales Index Record in June

August 07
22:42 2017
    FDI Sets Sales Index Record in June

“Commentary on market conditions remains positive, with respondents indicating selling conditions are strong and customer activity/backlog continues to suggest a favorable outlook.”

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Bolts & Nuts Corp. Buys Industrial Fastening of Macon

August 07
22:30 2017
    Bolts & Nuts Corp. Buys Industrial Fastening of Macon

Founded in 1982, Macon, GA-based Industrial Fastening of Macon distributes fasteners, specialty products, and MRO parts to OEMs.

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Big Shoulders Capital Acquires Anderson Mfg.

August 07
22:30 2017
    Big Shoulders Capital Acquires Anderson Mfg.

Tim Cash brought back to lead growth of company organically and via acquisitions.

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MW Industries Acquires Tri-Star Industries

August 07
22:15 2017
    MW Industries Acquires Tri-Star Industries

Founded in 1991, Berlin, CT-based Tri-Star manufactures standard and custom-designed threaded inserts and compression limiters in brass, steel, aluminum and stainless steel for plastic applications.

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NORMA Group Completes Fengfan Acquisition

August 07
22:00 2017
    NORMA Group Completes Fengfan Acquisition

Founded by CEO Zhu Jialin in 1988, Fengfan manufactures joining products made of stainless steel, nylon and specialty materials.

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Auto Shipments Boost Stanley Black & Decker Fastener Sales

August 07
21:45 2017
    Auto Shipments Boost Stanley Black & Decker Fastener Sales

“Strong automotive system shipments supporting new customer platforms and volume growth within general industrial markets more than offset declines within electronics.”

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Acquisitions and Volume Fuel Fastener Growth at Fastenal

August 07
21:30 2017
    Acquisitions and Volume Fuel Fastener Growth at Fastenal

“The second quarter of 2017 felt more like Fastenal,” stated CEO Dan Florness. “We have grown well over the last year, but market headwinds have masked this growth.”

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Tree Island Sales Outpaced By Input Costs

August 07
21:15 2017
    Tree Island Sales Outpaced By Input Costs

Intense competition "tempering the ability of steel wire producers to adjust prices to better reflect the recent raw material price increases."

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MSC Industrial Sales Up As Manufacturing ‘Recovers’

August 07
21:00 2017
    MSC Industrial Sales Up As Manufacturing ‘Recovers’

“As the manufacturing economy recovers and sales growth rates improve, the expense leverage latent in the business is beginning to demonstrate itself,” stated CEO Erik Gershwind.

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SHORTTAKES: Concrete Fastening Systems, Grainger, Imperial Fastener, Motor City Industrial, and Pearson Fastener Corp.

August 07
20:45 2017

Concrete Fastening Systems Inc. president Bob Carlisle launched online sales in 2000 and subsequently has sold 80 million concrete fasteners online to 27,000 customers from all 50 states and 23...

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Gilchrist Announces 2017 Scholarships

August 07
20:30 2017
    Gilchrist Announces 2017 Scholarships

The Gilchrist Foundation has awarded 57 scholarships totaling $70,000 since 2000.

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First-Half FINdex Growth Slows

July 10
23:45 2017
    First-Half FINdex Growth Slows

The FINdex stall occurred primarily during the second quarter of 2017, when fastener stocks lost a collective 5.6% of value, compared to a 3% gain by an index of related industrial stocks.

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Panelists: Rules Can ‘Trickle Down’ to You

July 10
23:30 2017
    Panelists: Rules Can ‘Trickle Down’ to You

You may think European rules don’t affect you, but “it is where your customers are selling into” that might draw you in.

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Heim: Customers To Require Conflict Minerals Compliance

July 10
23:15 2017
    Heim: Customers To Require Conflict Minerals Compliance

Instead of a government regulation, reporting will be more a part of private contracts, Heim tells NFDA and NEFDA joint meeting.

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Miller, Cole Lead NFDA for 2017-2018

July 10
23:00 2017
    Miller, Cole Lead NFDA for 2017-2018

The National Fastener Distributors Association will mark its 50th anniversary at a March 2018 meeting in Costa Rica.

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