Global Fastener News

NEWS BRIEFS

AIT Acquires HUB Industrial Supply – Global Fastener News – USA

September 22
20:11 2016

1/6/2016 11:11:00 AM NEWS BRIEFS AIT Acquires HUB Industrial Supply + click to enlarge + click to enlarge Gabriel Curry Applied Industrial Technologies acquired HUB Industrial Supply, a distributor of...

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UAE Distributor Receives ISO Certification

September 22
20:11 2016
    UAE Distributor Receives ISO Certification

12/31/2015 3:48:00 AM NEWS BRIEFS UAE Distributor Receives ISO Certification + click to enlarge Maimoon Building & Construction Material Trading LLC received ISO 9001 quality management standard certification.  Sterling International Consulting...

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FAA Fastener Fines Hit Boeing and Southwest Airlines

September 22
20:11 2016
    FAA Fastener Fines Hit Boeing and Southwest Airlines

12/23/2015 NEWS BRIEFS FAA Fastener Fines Hit Boeing and Southwest Airlines + click to enlarge The Federal Aviation Administration recently handed down two significant fines related to aerospace fasteners. Boeing...

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Novario Group Consolidates Fastener Operations

September 22
20:11 2016
    Novario Group Consolidates Fastener Operations

12/24/2015 NEWS BRIEFS Novario Group Consolidates Fastener Operations + click to enlarge Bryan Perkins Novaria Group is relocating subsidiary Sky Aerospace Products from Los Angeles to Westbury, CT, where it...

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Holidays 2015 – Global Fastener News – USA

September 22
20:11 2016

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Cable Tie Express Announces Equity Investment

September 22
20:11 2016
    Cable Tie Express Announces Equity Investment

12/14/2015 4:53:00 PM NEWS BRIEFS Cable Tie Express Announces Equity Investment Cable Tie Express announced an equity investment by Roman Capital. + click to enlarge Char Cooper (photo courtesy LINK...

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Price Cuts and Lower Volume Hurt Grainger Sales

September 22
20:11 2016
    Price Cuts and Lower Volume Hurt Grainger Sales

12/17/2015 12:01:00 AM NEWS BRIEFS Price Cuts and Lower Volume Hurt Grainger Sales + click to enlarge + click to enlarge Grainger reported daily sales declined 2% in November 2015,...

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Hedge Fund Boosts Stake in Precision Castparts

September 22
20:11 2016
    Hedge Fund Boosts Stake in Precision Castparts

12/18/2015 12:01:00 AM NEWS BRIEFS Hedge Fund Boosts Stake in Precision Castparts + click to enlarge Harvest Management bought a new stake in Precision Castparts Corp. during the third quarter,...

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Italy’s Agrati Acquires Continental-Midland

September 06
20:37 2016

Park Forest, IL-based CMG is a $240 million manufacturer of custom-engineered metal fasteners, cold formed parts and stampings for car makers, automotive suppliers, and industrial manufacturers.

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FIN Stock: Bisco Industries

September 01
00:00 2016
    FIN Stock: Bisco Industries

Bisco Industries opened three new sales facilities in 2015, marking the fifth consecutive year that Bisco opened at least one new facility.

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FIN Stock: Fastenal

August 31
23:55 2016
    FIN Stock: Fastenal

For Fastenal's fastener product line, the opening months of 2015 started strong before fizzling as the year progressed.

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FIN Stock: Grainger

August 30
23:48 2016
    FIN Stock: Grainger

"This was a challenging year for us and for most industrial companies, with an unprecedented combination of declining oil and commodity prices, low inflation and a strong U.S. dollar," stated CEO Jim Ryan.

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FIN Stock: ITW

August 30
23:44 2016
    FIN Stock: ITW

Founded in 1912, ITW manufactures fasteners and industrial components and specialty products primarily for the auto, food and construction industries.

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FIN Stock: KLX

August 30
23:29 2016
    FIN Stock: KLX

KLX - the former Consumables Management segment of B/E Aerospace - reported sales, primarily from fasteners, declined in 2015.

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FIN Stock: Lawson Products

August 30
23:24 2016
    FIN Stock: Lawson Products

Lawson Products reported sales were impacted by a "general slow-down in the MRO marketplace, continued weak demand from customers in the oil and gas industry and a decline in the Canadian dollar."

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FIN Stock: MSC Industrial

August 30
23:15 2016
    FIN Stock: MSC Industrial

"Our fiscal 2016 first quarter performance reflected continued share gains, sustained gross margin stabilization, and another quarter of strong expense controls," stated CEO Erik Gershwind.

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FIN Stock: Nucor Corp.

August 30
23:10 2016
    FIN Stock: Nucor Corp.

Nucor Corp. reported cold finished steel sales, including results from Nucor Fastener, dropped 8.5% to 119,000 tons in the opening quarter of 2016.

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FIN Stock: Park-Ohio

August 27
00:27 2016
    FIN Stock: Park-Ohio

Park Ohio's Supply Technologies provides logistics services from logistics service centers in the U.S., Mexico, Canada, Puerto Rico, Scotland, Hungary, China, Taiwan, Singapore and India.

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FIN Stock: Precision Castparts

August 27
00:24 2016
    FIN Stock: Precision Castparts

The Fastener Products segment is expected to benefit when Boeing 787 production schedules accelerate and core aerospace product sales recover.

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FIN Stock: SIMPSON MFG

August 27
00:08 2016
    FIN Stock: SIMPSON MFG

Simpson Strong-Tie designs and manufactures wood-to-wood, wood-to-concrete and wood-to-masonry connectors and fastening systems.

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