Global Fastener News

HEADLINES

U.S. Fastener Exports Fall After 2-Month Gains

September 22
20:11 2016

1/25/2016 7:29:00 AM HEADLINES U.S. Fastener Exports Fall After 2-Month Gains After rising for two consecutive months, U.S. fastener exports declined in November.  U.S. fastener exports of iron and steel...

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ACQUISITION: EFC Int’l Acquires Technology Components Southwest

September 22
20:11 2016

1/25/2016 11:29:00 AM HEADLINES ACQUISITION: EFC Int’l Acquires Technology Components Southwest EFC International acquired Texas-based fastener distributor Technology Components Southwest (TCS).  The acquisition, “along with other future targeted acquisitions, is...

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Foley: Company Selling STAFDA List is Scam – Global Fastener News – USA

September 22
20:11 2016

1/4/2016 10:55:00 AM HEADLINES Foley: Company Selling STAFDA List is Scam + click to enlarge A company sent emails selling a list of attendees at the 2015 Specialty Tools &...

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Fastener Demand in China at 7% CAGR by 2024

September 22
20:11 2016
    Fastener Demand in China at 7% CAGR by 2024

1/4/2016 11:06:00 AM HEADLINES Fastener Demand in China at 7% CAGR by 2024 + click to enlarge China’s demand for fasteners has grown at a fast pace in the past...

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Fastener Stocks Decline in 2015

September 22
20:11 2016
    Fastener Stocks Decline in 2015

1/4/2016 12:06:00 AM HEADLINES Fastener Stocks Decline in 2015 + click to enlarge U.S. stocks closed lower in 2015, capping the worst year for the market since 2008. Industrial and...

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ASSOCIATIONS: Baer, Brin Head MWFA for 2016

September 22
20:11 2016
    ASSOCIATIONS: Baer, Brin Head MWFA for 2016

1/4/2016 1:59:00 AM HEADLINES ASSOCIATIONS: Baer, Brin Head MWFA for 2016 + click to enlarge Bob Baer (photo credit courtesy LINK Magazine) Bob Baer of Abbott-Interfast is the 2016 president...

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National Machinery Acquires Interest In Italy’s SMART

September 22
20:11 2016
    National Machinery Acquires Interest In Italy’s SMART

1/4/2016 1:32:00 PM HEADLINES National Machinery Acquires Interest In Italy’s SMART + click to enlarge National Machinery LLC announced it has taken a controlling interest in SMART Machinery Srl. –...

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STAFDA Distributors Report Q3 Sales Decline 1.3%

September 22
20:11 2016
    STAFDA Distributors Report Q3 Sales Decline 1.3%

1/4/2016 HEADLINES STAFDA Distributors Report Q3 Sales Decline 1.3% + click to enlarge Distributors reported an average sales decline of 1.3% during the third quarter of 2015 compared to the...

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SHOW NEWS: Fasteners Added to Middle East 2016 SteelFab

September 22
20:11 2016
    SHOW NEWS: Fasteners Added to Middle East 2016 SteelFab

1/4/2016 12:25:00 PM HEADLINES SHOW NEWS: Fasteners Added to Middle East 2016 SteelFab + click to enlarge A Middle East steel trade show is adding a concurrent fastener section. The...

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SHORTTAKES: AZ Lifting Hardware, Bulten, EFC Int’l, Lindstrom, Metric & Multistandard and Tacoma Screw Products

September 22
00:12 2016

9/6/2016 5:49:00 PM HEADLINES SHORTTAKES: AZ Lifting Hardware, Bulten, EFC Int’l, Lindstrom, Metric & Multistandard and Tacoma Screw Products AZ Lifting Hardware is marking its 10th anniversary. Chuck Smith founded...

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FIN SURVEY: Moderate Fastener Sales & Profit in 2015

April 19
23:59 2016
    FIN SURVEY: Moderate Fastener Sales & Profit in 2015

Last year was neither the best or worst of times for U.S. fastener companies. After four consecutive years of widespread sales and profit increases, the End of 2015 FIN Survey...

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Vandermeulens Retire After 40+ Years in Fasteners

January 16
00:22 2016
    Vandermeulens Retire After 40+ Years in Fasteners

Great Lakes Fasteners & Supply was acquired during 2016 by the New York-based private equity company High Road Capital Partners. In 2012 High Road acquired Minnesota-based distributor Accurate Components & Fasteners and in 2013 the Wisconsin-based All Tool Sales. The three state divisions are being integrated into a new corporate structure under the AIS / All Integrated Solutions name, with Jim Ruetz as CEO.
Editor’s Note: Great Lakes Fasteners has locations in Grand Rapids in Western Michigan and Traverse City in the northern Lower Peninsula. Michigan’s Upper and Lower Peninsulas are connected by the Mackinaw Bridge, which was constructed in the 1950s with 4,851,700 rivets and 1,016,600 bolts.

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Yarborough, Solt & Artz Join YFP Board

January 16
00:20 2016
    Yarborough, Solt & Artz Join YFP Board

Young Fastener Professionals’ 2017 meetings slated for June 6 in Chicago and October 17 in Las Vegas.

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Taiwan Cracks Down on Fastener Transshipments

November 23
00:00 2015
    Taiwan Cracks Down on Fastener Transshipments

12/1/2015 11:23:00 PM HEADLINES The Taiwan Fastener Trading Association has informed its members that the Taiwanese Bureau of Foreign Trade has implemented strict examination on the application for certificate of origin...

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Bannister & McGuire Sell NIFMSE To National Firm

November 12
00:00 2015

12/1/2015 10:02:00 PM HEADLINES + click to enlarge Bannister and McGuire (courtesy LINK Magazine + click to enlarge Emerald VP: Quality Attendance Foremost “We have a team of experts that...

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Fastenal Names 3rd CEO in 11 Months

November 02
00:00 2015

11/2/2015 1:58:00 PM HEADLINES Fastener results at Fastenal For the third time in 11 months, Fastenal has a new CEO. The company’s board elected CFO Daniel Florness as president and...

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FDI Shows Flat Sales & Stagnant Pricing

November 02
00:00 2015

11/2/2015 HEADLINES FDI Shows Flat Sales & Stagnant Pricing   For the third consecutive month, the seasonally adjusted September Fastener Distribution Index fell below 50 (47.5), consistent with the tough...

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Industrial Fasteners Market To Grow 5.4%

November 02
00:00 2015

11/2/2015 12:01:00 PM HEADLINES   The global industrial fasteners market is gaining momentum from the rise in construction and maintenance activities across the globe, according to a new report by...

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Nylon Fasteners Maker Plans $2.4m Facility

October 16
00:00 2015

11/2/2015 12:32:00 AM HEADLINES + click to enlarge Threaded nylon fasteners manufacturer Micro Plastics Inc. plans to invest $2.4 million to locate a facility in Melbourne, AR, Arkansas Business reports....

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Global Fastener Market To Top $104 Billion by 2020

October 07
00:00 2015

10/7/2015 HEADLINES + click to enlarge + click to enlarge The global industrial fasteners market is expected to reach US $104.32 billion by 2020, according to a new report published...

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