Intense competition "tempering the ability of steel wire producers to adjust prices to better reflect the recent raw material price increases."
HEADLINES
August 07
21:00
2017
“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.
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...
August 07
20:30
2017
The Gilchrist Foundation has awarded 57 scholarships totaling $70,000 since 2000.
July 10
23:45
2017
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.
July 10
23:30
2017
You may think European rules don’t affect you, but “it is where your customers are selling into” that might draw you in.
July 10
23:15
2017
Instead of a government regulation, reporting will be more a part of private contracts, Heim tells NFDA and NEFDA joint meeting.
July 10
23:00
2017
The National Fastener Distributors Association will mark its 50th anniversary at a March 2018 meeting in Costa Rica.
July 10
22:45
2017
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.
July 10
22:30
2017
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.
July 10
22:15
2017
Acquired businesses, which include Whitesell Canada, will operate under the PENNAutomotive division.
July 10
22:15
2017
Accurate Fasteners president Peter Sullivan will remain with AFC to manage New England operations.
July 10
22:00
2017
Established in 1962, Space-Lok designs and manufactures internally and externally threaded fasteners and component mechanisms for all sectors of the aerospace industry.
July 10
21:45
2017
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.”
July 10
21:30
2017
Attendee registration up 20% for third trade show.
July 10
21:15
2017
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.
July 10
21:00
2017
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...
July 10
20:45
2017
Small increases add up: The average major league baseball player earns $1 million by batting .250 or three hits every 12 times at bat. The superstar, who gets paid millions of dollars, gets only one more hit every 12 times a bat.
July 10
20:30
2017
“Don’t use email to manage projects or tasks,” Bader told the NFDA and NEFDA joint meeting. “You frame a house before putting on the roof.”
June 13
22:42
2017
Global industrial fastener demand will grow 3% in 2017, a Freedonia Group researcher told the Fastener Industry Summit.
