$100 million will go to its U.S. suppliers to build capacity and capabilities for commercial aircraft and to “continue supporting the U.S. military and its allies around the world.”
NEWS BRIEFS
May 03
08:15
2024
A fastener that secures the rear shock absorber on the motorcycles may break, damaging the rear tire.
May 02
18:26
2024
North America sales increased, while sales in Europe declined from lower sales volumes.
May 02
18:07
2024
Howmet Aerospace fastener results were boosted by growth in the commercial aerospace market, including wide body aircraft recovery.
May 02
08:31
2024
Stanley Black and Decker reported solid organic sales growth in the opening quarter of 2024, but the pace slowed from the previous quarter.
May 01
18:07
2024
Early registration discounts for the September 9-11 International Fastener Expo at Mandalay Bay in Las Vegas end May 19.
April 30
09:57
2024
While fastener sales and income results were mixed, both segments that manufacture fasteners improved their margins during the opening quarter of 2024.
April 29
10:42
2024
Non-automotive fastener volume declines more than offset price gains achieved at the end of 2023.
April 25
10:54
2024
Sales gains eroded margins as the distribution giant continued spending to drive growth.
April 24
09:32
2024
Steelmaker reports double-digit loss for cold finished steel product sales in the opening quarter of 2024.
April 23
21:10
2024
The safety issue involved Tesla's decision to use adhesive instead of fasteners on the accelerator pedal cover. But larger problems loom for the EV manufacturer and its mercurial CEO.
April 22
11:20
2024
Final anti-dumping measures against steel fastener imports from China range from 32.5% - 67.4%.
April 18
21:30
2024
Boeing’s reputation took a significant hit after the January 5 Alaska Airlines 737-9 door plug blowout.
April 18
09:56
2024
Green Bay-based Packer Fastener entered the Kansas City market through its new facility in Olathe, KS.
April 16
16:01
2024
Buying Waukesha, WI-based Trinity Hardware Headquarters bolsters Martin Supply's presence in the Midwest fastening market.
April 15
20:49
2024
Tesla halted all Cybertruck deliveries after discovering a safety issue involving its decision to use adhesive instead of fasteners on the accelerator pedal cover.
April 15
11:21
2024
National industrial products supplier expands in central Oregon after acquisitions in neighboring Washington State.
April 11
10:18
2024
Weak demand and lower fastener pricing, coupled with adverse weather, hurt the company’s performance in the opening quarter of 2024.
April 10
22:14
2024
Westberg holds an master of science in mechanical engineering and has lived and worked in Canada, Germany, and France.
April 09
10:56
2024
Deal increases industrial fastener supplier's market share in rubber sealing products and strengthens its technical components category.
