Würth Group patriarch signaled a substantial profit decline amid tough EU economic conditions that trimmed revenue.
NEWS BRIEFS
As the world's most populous country urbanizes and industrializes, demand for automotive and industrial fasteners could double by 2030.
On weekends, the cold forged fastener manufacturer can sell surplus energy back to the national grid, FAST reports.
New executive holds an MBA from the University of California, Irvine.
Deal for C-parts distributor deepens Swedish fastener supplier's presence in Italy and southern Europe.
AI-powered platform brings new visibility to fastener certificate management, ensuring certs stay attached to parts throughout the supply chain process.
“Although some caution persists due to ongoing macroeconomic/inflation uncertainties, overall sentiment among participants leans cautiously optimistic,” noted R.W. Baird analyst David Manthey.
Former Mid-West Fastener Association board member worked for years in sales at Morton Grove, IL-based Alfa Tools.
A majority of distributors (56%) responding to a Fastener Distributor Index survey signaled support for U.S. President-elect Donald Trump’s pledge to impose broad tariffs.
Marks first time in 14 months that company has achieved year-over-year growth with its fastener products.
Second automotive fastener factory in Tarragona, Spain, will leverage the fastener manufacturer's regional strengths.
New QM has more than 30 years of experience and earned a BE in mechanical engineering from DeVry University.
City of Industry, CA-based Allfast Fastening Systems used value stream mapping to reduce quote lead-time, provide real-time data, enhance consistency and improve customer service.
“They have described just a rapidly changing global manufacturing environment, and that they are having to be very nimble about their decision making.”
Denver-based AIS Industrial & Construction Supply president Dale Hahs II is the 2025 president of the Specialty Tools & Fasteners Distributors Association.
Founded in 1962, Springfield, NJ-based CORUS Fastening distributes fasteners and pneumatic tools to construction customers.
Previously he worked for Stanley Black & Decker, most recently serving as CFO of its Smart Storage Solutions business.
Founded in 1982, Winston-Salem-based Southern Fasteners distributes high-quality fasteners to OEMs and MROs.
Agreement accelerates order processes, improve performance metrics and optimize asset intelligence for customers.
Carver Engineering/Labs in El Cajon, CA, built the machines, which came online at E-Z LOK’s Gardena, CA, facility in October.