The Covid-19 pandemic has been postponing or canceling fastener events since March 2020, but multiple trade shows remain on the docket for late 2021.
HEADLINES
Fastener manufacturers’ organization marks 90th anniversary in 2021.
An average General Motors electric vehicle has about 6.16% fewer fasteners than the traditional internal combustion engine car.
Continued supply chain disruptions and spiking demand muted the FIN Fastener Stock Index in the second quarter of 2021 even as the U.S. economy made strides to fully reopen.
The Chun Zu and Formax cold headers will increase production by more than 3 million additional complex parts per month, allow Optimas to further focus on industries that require large diameter complex parts.
Taiwan-based Sheh Fung Screws announced that its first wave of price increases resulting from higher wire rod prices quoted by upstream suppliers has begun to pay off, Fastener World reports.
The combined company will continue to operate Vertex, Houston WIre's fastener redistribution business.
“Delivers the power of automated distribution by reducing supply cost, controlled product usage and state of the art technology,” the company stated.
MacLean Formetrix will be based in the Detroit suburb of Macomb Township.
Employers can have a “voluntary” vaccine policy leaving the decision to employees, or employers can institute a “deferred” policy allowing employees to wait until the vaccines have “permanent” approval. But employers also can issue a “mandatory” vaccine policy for all employees.
While falling from March’s 66 pace, the FDI indicates continued growth in fastener markets, according to R.W. Baird analyst David Manthey.
MW Components, which includes Century Spring, Accurate Screw Machine and Servometer, will be led by industry veteran Chris Fillmore.
Founded in 1926 by E.H. Schniewind, the original location was in Long Island City, NY, where the patented press-fit fastener called the “Groov-Pin” was developed.
Kenworth’s plant in Chillicothe, OH, upgraded the torque fastener tool to enhance efficiency for fifth-wheel installations in Kenworth Class 8 trucks.
Brighton-Best Int’l promoted George Lee from BBI/TCI-Los Angeles to IT Manager BBI and TaChenMarketing, which are both owned by Taiwan-based Ta-Chen Int’l. “George will continue to build and challenge our...
“Vaccinations and adoption of the new normal, the automotive, building & construction, and other key end-user sectors have started getting back on their feet since the last quarter of the year,” according to a new report by Fact.MR.
The FIN Fastener Stock Index maintained its brisk pace during the opening quarter of 2021, climbing 9.6% compared to a 6.5% gain by an index of related industrial stocks.
Known for supplying fasteners and other consumables to the automotive aftermarket, the company's expansion into the metalworking and construction industries and the development of logistics and supply chain services have grown its market presence, Canadian Fabricating & Welding reports.
It’s easy to assume that plating and coating options for fasteners are “set in stone.” But changes in regulations and standards requires ongoing attention, according to Laurence Claus, founder of NNi Training and Consulting.
New U.S. company incorporated in Delaware to provide expanded 3D printing products and services, including financing and rental options on equipment.