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Global Fastener News

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Motor City Fastener And EMCO Merge

February 17
14:23 2017
    Motor City Fastener And EMCO Merge

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

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Wire Düsseldorf 2018 Launches Online Exhibit Space Marketing

February 15
10:17 2017
    Wire Düsseldorf 2018 Launches Online Exhibit Space Marketing

The International Fastener Machinery & Suppliers Association meets in conjunction with Wire.

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Obituary: Joe McIlhon

February 13
16:21 2017

When he was with the multi-generation distributorship, Iowa Industrial Products, he was the 1999-2000 president of the National Fastener Distributors Association.

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Distributor’s Link Marks 40 Years

February 13
00:46 2017
    Distributor’s Link Marks 40 Years

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.

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Bulten Sales Strengthen In Q4

February 10
00:08 2017
    Bulten Sales Strengthen In Q4

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

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Prospecting Subject of SFA / SEFA Joint Conference

February 10
00:01 2017
    Prospecting Subject of SFA / SEFA Joint Conference

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

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Wesco Aircraft Sales & Profit Decline

February 09
00:01 2017
    Wesco Aircraft Sales & Profit Decline

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.

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Jergens Expands Shanghai Market

February 08
10:08 2017
    Jergens Expands Shanghai Market

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

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Simpson Mfg. Sales & Profits Increase

February 07
10:58 2017
    Simpson Mfg. Sales & Profits Increase

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.

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Fastenal Fastener Sales Drop in January

February 06
11:10 2017
    Fastenal Fastener Sales Drop in January

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

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EU Stainless Steel Fastener Tariffs Expire

February 03
01:22 2017
    EU Stainless Steel Fastener Tariffs Expire

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.

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Bufab Searching For New CFO

February 03
00:01 2017
    Bufab Searching For New CFO

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.

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Beacon Names Applied Design as Midwest Rep

February 02
13:13 2017
    Beacon Names Applied Design as Midwest Rep

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

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Arconic Fastener Segment Sales & Profits Rise

February 01
18:26 2017
    Arconic Fastener Segment Sales & Profits Rise

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

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Nucor Fastener Segment Sales Increase

January 31
15:05 2017
    Nucor Fastener Segment Sales Increase

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.

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Huck Retires from Würth Adams

January 30
16:50 2017
    Huck Retires from Würth Adams

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

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Fastener Sales Decline for Stanley Black & Decker

January 27
00:24 2017
    Fastener Sales Decline for Stanley Black & Decker

“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.”

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Knapp Fasteners Marking 30 Years

January 27
00:24 2017
    Knapp Fasteners Marking 30 Years

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

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Grainger Sales Stall in 2016

January 26
00:04 2017
    Grainger Sales Stall in 2016

"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.

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Continental Midland Marks 50 Years of Torx

January 26
00:04 2017
    Continental Midland Marks 50 Years of Torx

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

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