Global Fastener News

HEADLINES

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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WIFI Presenting Scholarships to Medina, Hluz

October 07
00:00 2015

10/7/2015 HEADLINES + click to enlarge The Women in the Fastener Industry announced Gloria Medina of Interstate Threaded Products and Nora Hluz, of Brighton Best International are their 2015 scholarship...

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MacLean-Fogg Names New President

October 07
00:00 2015

10/7/2015 1:37:00 AM HEADLINES + click to enlarge (L-R) Barry MacLean and Duncan MacLean Duncan A. L. MacLean was named president of MacLean-Fogg, CEO Barry MacLean announced. Duncan MacLean is...

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Fastener Stocks Decline for Third Straight Quarter

October 07
00:00 2015

10/7/2015 HEADLINES + click to enlarge The FIN Fastener Stock Index fell for a third consecutive quarter, declining 1.3% in the third quarter of 2015. A comparative index of related...

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Chavis, Dinicola Lead Pac-West

October 07
00:00 2015

10/7/2015 3:20:00 AM HEADLINES + click to enlarge (l-r) Kevin Chavis, Dallas Puckett and MaryEllen Dinicola (courtesy Pac-West) Kevin Chavis of Star Stainless Screw was elected president of the Pacific-West Fastener...

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Alcoa Inks $1b Fastener Contract with Airbus

October 07
00:00 2015

10/7/2015 12:59:00 PM HEADLINES + click to enlarge Alcoa Fastening Systems and Rings signed an approximately $1 billion contract with Airbus for high-tech, multi-material aerospace fastening systems. The deal is...

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3 Firms Expand Domestic Production

October 07
00:00 2015

10/7/2015 7:04:00 PM HEADLINES Superior Washer & Gasket Corp., Bay State Cable Ties and American Fasteners Co. Ltd. have announced expansion of fastener manufacturing in the U.S.  •  Superior Washer...

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Fastenal To Acquire Fasteners Inc.

October 07
00:00 2015
    Fastenal To Acquire Fasteners Inc.

11/2/2015 HEADLINES + click to enlarge Fastenal Co. agreed to acquire certain assets of Fasteners, Inc. a regional industrial and construction supply distributor with store locations in the states of...

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State Seeks Damages For Oakland Bridge Bolt Issues

September 25
00:00 2015
    State Seeks Damages For Oakland Bridge Bolt Issues

10/7/2015 HEADLINES + click to enlarge The state agency in charge of the Oakland Bay Bridge is ending its relationship with the structure’s main contractor and plans to seek damages...

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WIFI Partnering with Manufacturing Women

September 14
00:00 2015

9/14/2015 10:27:00 AM HEADLINES   Women in the Fastener Industry announced a partnership with Women in Manufacturing to “advance their mutual interests.” Cleveland-based Women in Manufacturing is a 500+ member...

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Dokka Closing Michigan Fastener Plant

September 14
00:00 2015
    Dokka Closing Michigan Fastener Plant

9/14/2015 12:16:00 AM HEADLINES + click to enlarge Dokka Fasteners Inc. is closing it’s four-year-old Michigan plant due to uncertainty in the wind energy industry, CEO Louis Vasilevski announced. Norway-based...

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Align Aerospace Names New CEO

September 14
00:00 2015
    Align Aerospace Names New CEO

9/14/2015 1:07:00 AM HEADLINES + click to enlarge Jerome de Truchis Company History Align Aerospace traces its company history to the 1972 founding of Alatec Products Inc. in Chatsworth. In...

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