“While industrial markets are showing encouraging signs of potential stabilization and increased optimism, the FDI indicates that current conditions remain choppy with relatively weak demand, competitive conditions, and pricing pressure continue to weigh on results before policy changes can be implemented,” noted R.W. Baird analyst David J. Manthey.
HEADLINES
Founded in 1995, Air King supplies screws, nails and staples, as well as nailers and industrial staplers.
EU commissioner Cecilia Malmstrom “reiterated EU plans to introduce new ‘country neutral’ antidumping methodology,” Fastener + Fixing Magazine reported.
MEDIA SPOTLIGHT: "We've prided ourselves that a Canadian manufacturer with the right people, processes, and technologies, can compete with anyone in the world,” Leland founder and CEO Byron Nelson told the Canadian Press. "But, we can no longer compete with the escalating energy costs we are seeing here in Ontario.”
“The MAK-A-KEY brand name is very well known and reinforces our reputation as a manufacturer of choice in key stock and machine keys,” stated G.L. Huyett CEO Tim O’Keeffe.
Based in Clinton Township, MI, KUKA Aero integrates new robotic technologies used in aerospace assembly, and provides automation solutions and engineering to the aerospace industry.
The company said these new program awards represented “significant market share gains” and are initially valued at approximately $300 million in the aggregate.
South and Eastern European Group companies did “exceptionally well,” compensating for the difficult market situation in Western Europe and North America.
Growth was mainly fueled by business in Europe (+8.2%) and America (+38.9%); Bossard’s Asian business also made progress, reflecting successful development efforts in various markets.
“WIFI has an exceptional bounty of opportunities found in the strength of our board and our members,” Hearn stated.
Board members: Adams, Brin, Delawder, Wiedmeyer and Wishnew.
Abbott-Interfast Corp. named Robert (Bob) Baer president and CEO, effective January 1. He will be responsible for all operating units and report directly to the Binder family. Baer succeeds...
His career included heading The Weatherhead Company and Lamson & Sessions Company; and on Cardinal Fastener & Specialty Co. board. His recognitions included the Industrial Fasteners Institute Soaring Eagle Award.
The Asia/Pacific region will continue to account for the largest share of world fastener sales in 2020, representing 42% of the total.
Based in Beijing, with a sales and engineering site in Shanghai, Phillip-Tec sells self-pierce riveting products and solutions designed by Henrob, which Atlas Copco acquired in 2014.
Matt Flajnik of American Anchor Bolt is the 2017 chairman of the Southwestern Fastener Association and Chris Bell of G.L. Huyett is president. Jason Looft, Winzaer Corp. is VP; Craig...
China Steel Corp (CSC) of Taiwan raised steel prices by 12.6% for deliveries in the first quarter of next year, the Taipei Times reports. CSC said the hikes are due...
The second Indonesia fastener trade show will be March 29-April 1, 2017, in Jakarta. Show organizers report exhibit space for the second Indonesia International Fastener & Fixing Technology Exhibition is...
Exhibit space has grown 7% for the 2017 Fastener Fair Stuttgart and 97% of space is booked, show organizers announced. The trade show will be March 28-30, 2017, at the...
Beyond fastener meeting dates in the 13-months from December 2016 through December 2017, the FIN Calendar lists fastener organization descriptions and contact information; technical organizations; fastener association websites; the U.S. FQA Hotline and trademarks; and fastener tradeshows.