Partnership will allow EMCO to supplement its wider range of industrial products with MCF's expertise in the specialty fastener industry.
NEWS BRIEFS

The International Fastener Machinery & Suppliers Association meets in conjunction with Wire.
When he was with the multi-generation distributorship, Iowa Industrial Products, he was the 1999-2000 president of the National Fastener Distributors Association.

Leo Coar was a manufacturers rep in 1977 when he saw a need for a magazine serving the fastener distributors. He recruited his sister-in-law MaryAnn Marzocchi of Southern Screw and together they published Distributor’s Link.

"We advanced our position in technology for electric cars and hybrids," stated CEO Tommy Andersson.

The two regional associations meet together April 19-21, 2017, in New Orleans.

Results were “negatively impacted by foreign currency translation, temporary disruptions to certain customers’ consumption patterns due to operational changes and extended site closures, and late production schedule revisions made by a major commercial OE customer,” stated CEO Dave Castagnola.

Shafer: Business model expanded to provide access in China to U.S. mid-market manufacturers.

Sales in North America grew 10% to $742 million in 2016, mostly due to increased unit sales volumes on improved economic activity as well as a slight increase in average net sales unit prices.

Overall January sales increased 9% to $336 million, with daily sales up 3.8% to $16 million.

The European Commission confirmed the expiration of two regulations applying antidumping tariffs to certain stainless steel fasteners originating in China, Taiwan and the Philippines, Fastener + Fixing Magazine reports.

Current CFO Thomas Ekström, who began working for Bufab in 1999 and has been CFO since 2005, has decided to leave by the end of July.

Beacon's Dorsey cites Van Hoozer’s 44 years of fastener experience.

Arconic includes Alcoa’s former $1.8 billion Fastening Systems and Rings business.

Nucor Corp. reported Cold Finished Steel segment sales, including results from Nucor Fastener, increased 3% to 98,000 tons in the fourth quarter of 2016. But results for the year were not so positive.

Former sales director Rick Frank was promoted to Managing Director for the Brooklyn Park, MN, facility.

“Engineered Fastening's organic revenues declined 2%, as solid growth within the global automotive business was more than offset by weaker electronics volumes attributable to a major customer.”

Knapp was founded by president James Knapp and vice president Jennifer Knapp as 24-year-old business graduates.

"In 2016 we faced a challenging demand environment compounded by a lack of inflation, which put pressure on revenue and gross margins,” stated CEO DG Macpherson.

Continental Midland became a licensee in 1966 when the two companies were known as Camcar Screw & Manufacturing Co. and Continental Screw Co.