The National Industrial Fastener & Mill Supply Expo named a 10-year fastener veteran as the trade show’s business development manager. Morgan Wilson has been director of warehouse and sales executive...
HEADLINES
October 02
16:52
2016
The global industrial fasteners market is expected to expand at a compound annual growth rate of 5.3% during the forecast period 2016 – 2023, exceeding $107 billion by 2023, according to...
October 02
16:52
2016
Typhoons Malakas and Megi were among the strongest of 17 storms to strike Taiwan in September 2016, but the editor of Fastener World magazine said thus far there are no reports...
October 02
16:51
2016
The Hilti Group acquired Germany-based PEC Group, strengthening its market position in the fastening solution segment. Founded in 2008, PEC Group produces anchor and installation channels as well as accessories...
October 02
16:50
2016
Sweden-based Nord-Lock Group acquired the Expander Group from owner Roger Svensson. Expander Group consists of Expander System Sweden AB, and associated subsidiaries in Sweden, the U.S. and Germany. Founded in...
October 02
16:49
2016
Incline portfolio company AFC Holdings acquired Hartford, CT-based Eckart & Finard. Established in 1960, Eckart is a full-service stocking distributor of fasteners, Class C parts and engineered components. Web: eckart-finard.com...
October 02
16:48
2016
Houston Wire & Cable acquired Vertex Distribution. HWC is a master distributor of electrical wire and cable, mechanical wire rope and lifting products. Started in 1975, HWC is traded on...
October 02
16:47
2016
PennEngineering completed its acquisition of Heyco Products Inc. Terms were undisclosed and no changes are anticipated regarding Heyco’s operations, facilities or employees. New Jersey-based Heyco Products will continue to operate...
October 02
16:45
2016
The bankruptcy of South Korea’s Hanjin Shipping Co., the world’s seventh-largest shipper, could impact fastener shipping as well as the Christmas holidays. The Wall Street Journal reported “as much as $14 billion...
October 02
16:44
2016
Pacific-West Fastener Association panelists Tim Roberto and Simmi Sakhuja offered insights on nickel pricing, steel costs and freight rates which affect fastener prices – so distributors can explain to their customers...
October 02
16:31
2016
The FIN Fastener Stock Index continued to improve in the third quarter of 2016, as automotive fastener stocks continued to grow and companies with aerospace fastener holdings rebounded from a...
September 22
20:12
2016
9/6/2016 HEADLINES SHOW NEWS: Fastener Fair Italy Draws 170 Exhibitors + click to enlarge Fastener Fair Italy will open September 28 with 170 exhibiting companies from 12 countries. The trade...
September 22
20:12
2016
Second quarter sales rose 7.5% for distributors participating in the Specialty Tools & Fasteners Distributors Association Trend Report.
September 22
20:12
2016
9/6/2016 1:16:00 AM HEADLINES ACQUISITION: LoneStar Group Acquires AmeriBolt + click to enlarge LoneStar Group acquired fastener manufacturer AmeriBolt. Founded in 2005 by Dawson Pruett, Mike Jones and Randall Hall,...
September 22
20:12
2016
9/6/2016 11:47:00 AM HEADLINES ASSOCIATIONS: Bader, Vertullo, Lawrence, Roberto & Sakhuja on Pac-West Program + click to enlarge Bader and Vertullo Jason Bader will speak on “Turning Buyers into Investors”...
September 22
20:12
2016
9/6/2016 12:06:00 PM HEADLINES ACQUISITION: Sweden’s Atlas Copco to Acquire Riveting Business of China’s Phillip-Tech Sweden’s Atlas Copco, owner of Henrob, is acquiring the self-piercing riveting business of Phillip-Tech (Beijing)...
September 22
20:12
2016
9/6/2016 2:15:00 PM HEADLINES South African Fastener Manufacturers Seek Tariffs + click to enlarge The South African Fasteners Manufacturers Association (Safma) will ask the International Trade Administration Commission (Itac) of...
September 22
20:12
2016
9/6/2016 1:04:00 PM HEADLINES Brighton-Best Int’l Going Public in September + click to enlarge BBI History Brighton-Best traces its history to 1925 as a Cincinnati storefront factory named Brighton Screw...
September 22
20:12
2016
9/6/2016 HEADLINES Jiaxing Fastener Export Volume and Price Decline + click to enlarge Jiaxing’s fastener exports fell 19.5% to $368 million in the first half of 2016, while imports of...
September 22
20:12
2016
8/15/2016 5:03:00 PM HEADLINES SHOW NEWS: Poised to Set Booth Record, NIFMSE Adds Programs to Encourage Attendees Hotels Near Vegas Show This year NIFMSE’s official hotel rooms are booked through...
