Global Fastener News

HEADLINES

NFDA Donates to Rockford Cold Heading Training Center

April 04
14:30 2017
    NFDA Donates to Rockford Cold Heading Training Center

More than 8,000 people in the three-county region 100 miles west of Chicago are employed in metal and plastic production. Manufacturers report they need replacements for retiring Baby Boomers.

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MWFA Offers FIC Summit Rebate

April 04
14:20 2017
    MWFA Offers FIC Summit Rebate

“The effect of the rebate is to reduce the admission price to $100 for every MWFA member company employee to attend this great education and informational event,” stated MWFA executive director Nancy Rich.

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Boyd and Johnson Lead IFI for 2017-18

April 04
14:10 2017
    Boyd and Johnson Lead IFI for 2017-18

The IFI was founded in 1931 and is an association of North American manufacturers of bolts, nuts, screws, rivets, pins, washers and custom formed parts; and suppliers of materials, machinery, equipment and engineered services.

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NIFMSE Wins Trade Show Growth Awards

April 04
14:00 2017
    NIFMSE Wins Trade Show Growth Awards

The National Industrial Fastener & Mill Supply Expo will be October 17-19 at the Las Vegas Convention Center.

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Westgate to Be Official NIFMSE Hotel for 2017

April 04
13:55 2017
    Westgate to Be Official NIFMSE Hotel for 2017

The 36th annual trade show will be October 17-19 at the Las Vegas Convention Center.

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Cheers’ Ratzenberger Keynoting 
STAFDA Convention

April 04
13:45 2017
    Cheers’ Ratzenberger Keynoting 
STAFDA Convention

“Today, many do not even know how to use simple tools, hammers and screwdrivers. Manufacturers say high school kids can’t even read a ruler. How are they going to build airplanes, build homes, or even perform simple household repairs?”

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Economist Predicts Low Growth for 2017; Bigger Profits in 2018

April 04
13:30 2017
    Economist Predicts Low Growth for 2017; Bigger Profits in 2018

For the fastener industry, 2017 will be a low growth year and 2018 will yield bigger profits, economist Bill Conerly told the NFDA and Pac-West conference.

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Ta Chen Acquires Empire Resources

April 04
12:22 2017
    Ta Chen Acquires Empire Resources

Ta Chen Stainless Pipe Co. Ltd. is the parent company of fastener master distributor Brighton-Best International.

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SHORTTAKES:

April 04
12:01 2017

Advance Components is celebrating its 45th anniversary by offering free shipping for online purchases. All products online are in-stock and ready for same day shipping. “We invite all of our...

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Fasteners Market Tops $134b by 2025

March 07
11:34 2017
    Fasteners Market Tops $134b by 2025

Growing demand for automobiles, electronics appliances, aircraft, industrial machinery, and medical equipment will drive demand.

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Heim to Pac-West: Business as Usual for Conflict Minerals Law

March 07
10:47 2017
    Heim to Pac-West: Business as Usual for Conflict Minerals Law

With the Dodd-Frank Act a moving target in Congress these days, what is a fastener distributor to do? “Everything is going to be the same right now as it was...

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Bulten Sets Up JV with Ramco in Ohio

March 07
10:17 2017
    Bulten Sets Up JV with Ramco in Ohio

Bulten is entering the North American market and will produce it’s externally threaded fasteners in Ramco’s new 165,000 sq ft facility in Hudson, OH. The JV will operate as Ram-Bul.

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Europe Divided on Trade Issues With China

March 07
09:33 2017
    Europe Divided on Trade Issues With China

Currently the EU has no antidumping measures on fastener imports. In February 2016 the EU repealed antidumping duties of up to 74.1% on carbon steel fasteners originating in People’s Republic of China after four consecutive EU ‘defeats’ at the WTO Dispute Settlement Body, according to Fastener + Fixing editor Phil Matten.

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Canada Trims Tariff on Fasteners from China and Taiwan

March 07
09:30 2017
    Canada Trims Tariff on Fasteners from China and Taiwan

The review was initiated after Canimex Inc., an importer, filed an exclusion request "on the basis that the domestic fastener industry in Canada does not produce shoulder bolts, and therefore would not be injured by imports of shoulder bolts from other countries."

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Fastenal to Acquire Fastener Distributor Mansco

March 07
09:09 2017
    Fastenal to Acquire Fastener Distributor Mansco

Founded in 1928, Michigan-based Mansco generated approximately $50 million of revenue in 2016.

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Simpson Strong-Tie Buys Gunnebo Fastening Systems

March 07
09:01 2017
    Simpson Strong-Tie Buys Gunnebo Fastening Systems

Gunnebo Fastening Systems provides nails, screws, collated fasteners, mechanical and chemical anchors and connectors to construction and DIY markets in Europe and Russia.

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Grainger Plans $273m Facility in Louisville

March 07
09:01 2017
    Grainger Plans $273m Facility in Louisville

Kentucky officials estimate the distribution center, slated for completion in 2020, will create 431 jobs with an hourly wage of $14.89, according to Industrial Distribution.

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New Fastener Trade Show In Poland

March 07
08:50 2017

The first Fastener Poland trade show will be held November 28-30, 2017, in Karkow. The International Trade Fair for Fastener & Fixing Technology is organized by Fastener Magazine from Poland...

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Fastener Fair Announces 2nd Trade Show in Italy

March 07
08:01 2017
    Fastener Fair Announces 2nd Trade Show in Italy

Fastener Fair Italy set for September 2018 in Milano.

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SHORTTAKES: Apex Tool, Brighton-Best, Precision Threaded Products, Solon Manufacturing, and Wrentham Tool

March 07
07:53 2017

Apex Tool Group is marking 50 years as a Torx drive system licensee. Acument Global Technologies, a supplier of mechanical fastening technology, noted Apex became a licensee on February 20,...

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