Founded by CEO Zhu Jialin in 1988, Fengfan manufactures joining products made of stainless steel, nylon and specialty materials.
HEADLINES
“Strong automotive system shipments supporting new customer platforms and volume growth within general industrial markets more than offset declines within electronics.”
“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.”
Intense competition "tempering the ability of steel wire producers to adjust prices to better reflect the recent raw material price increases."
“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.
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...
The Gilchrist Foundation has awarded 57 scholarships totaling $70,000 since 2000.
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.
You may think European rules don’t affect you, but “it is where your customers are selling into” that might draw you in.
Instead of a government regulation, reporting will be more a part of private contracts, Heim tells NFDA and NEFDA joint meeting.
The National Fastener Distributors Association will mark its 50th anniversary at a March 2018 meeting in Costa Rica.
Import/export risks, chronic fastener mistakes, and successful hiring with predictive analytics are topics scheduled for the autumn conference of the Pacific-West Fastener Association.
IFI chair Boyd: Fastener manufacturers “are facing a critical and universal challenge across the base of our membership. We all have high-earning jobs available, but we are struggling to find workers with the right technical skills to fill these lucrative positions.” The first five cold header operator students graduated in May.
Acquired businesses, which include Whitesell Canada, will operate under the PENNAutomotive division.
Accurate Fasteners president Peter Sullivan will remain with AFC to manage New England operations.
Established in 1962, Space-Lok designs and manufactures internally and externally threaded fasteners and component mechanisms for all sectors of the aerospace industry.
With the acquisition, Nedschroef hopes to transform itself into “a high-end engineering company capable of engaging in the development of early-stage automotive projects working jointly with OEMs.”
Attendee registration up 20% for third trade show.
The U.S. accounts for nearly a quarter of the world GDP. Global leading indicators are up for the OECD, five major Asian countries, Brazil, Canada, China and Japan. Mexico and India are down.
ATF Inc. named Shannon Leonard industrial sales manager. Leonard will focus on expansion in the industrial market through distributors and OEM customers. Founded in 1946 as a supplier of WWII...