GM Chase Watson: “This space gives us the room to better organize and scale our shipping, assembly, and manufacturing operations.”
NEWS BRIEFS

Decision to open second headquarters in Plano, TX, driven by region’s strong labor market and proximity to Simpson’s nearby factory.

After 37 years, Brainard Rivet Co. GM Joseph “Joe” Lamanna is retiring.

Würth Industry North America will pay $42.5 million for a distribution center in Columbus, OH, previously owned by MSC Industrial Supply.

Aerospace supplier TriMas appoints current board member after CFO Scott Mell left the aerospace supplier.

Acquired last October, the 17,100 sq ft facility increases service in Kentucky and southern Indiana.

Fastener supplier Alabama Aerospace is one of six companies currently on a trade mission to Poland for high-level negotiations with military and business leaders.

Aerospace fastener manufacturer reports strong demand from Boeing and other top aerospace companies to replace capacity destroyed when a fire gutted an SPS Technologies factory in February.

International Fastener Expo owner Emerald X appoints new show director, replacing Morgan Wilson, who led the show for four years.

Decision to lay off 250 workers comes weeks after a fire gutted SPS Technologies' Pennsylvania aerospace fastener factory, complicating Boeing production.

While tariffs are cited by U.S. President Donald Trump as a tool to boost domestic manufacturing, analysts say the market picture is more complicated.

Böllhoff Group cited the presence of tier 1 automotive suppliers, as well as Bulgaria's “strong sheet metal and aluminum processing industries.”

He has a 30+ year blend of technology (hardware and software), finance, marketing and industrial experience.

Effective March 20, a new quality control order will halt all steel fastener imports since no foreign manufacturers have received Bureau of Indian Standards certification.
British & Irish Association of Fastener Distributors credited fastener veteran as “the driving force behind BIAFD over the last 20 years, helping to guide the association through significant industry developments.”

“Building incremental (domestic steel) capacity takes time, working capital, and people, all of which are already in short supply.”

February fire that gutted 105-year-old fastener factory imperils Boeing commercial production, along with maintenance for Apache Longbow and Blackhawk attack helicopters, Tomahawk missiles, and F-15 fighter jets.

Erratic U.S. tariff process clouds improved fastener market conditions, threatening nascent recovery.
Strong customer demand in North America and Europe for RB&W cold-formed fasteners drives revenue and margin gains.

February sales jumped to 0.6% growth — the largest positive monthly gain since April 2023.