Stanley Black & Decker's engineered fastening platform, anchored by Emhart Teknologies, totals approximately $1.5 billion in annual revenues.
NEWS BRIEFS
2015 TriMas Corp. reported Aerospace segment sales, including fasteners, jumped 45% to $176.5 million in 2015, with segment gross profit rising 69% to $58.6 million. Energy segment revenue, including fasteners,...
Wesco manages aerospace supply chains, with over 525,000 parts, including nuts, bolts, bushings, clamps, collars, pins, screws and washers.
Hagan, a consultant specializing in advising fastener companies on acquisitions, said 2015 was “the most active year for deal-making over the past eight years.”
A private equity company reportedly had invested $30 million since 2007 “without seeing any return on the investment” and the fastener manufacturer has defaulted on payments. The company is seeking potential buyers.
Mectron allegedly sold an MI8500 inspection system to the Iran Tohid Co. of Tehran in March 2010, and once before in late 2008.
June results benefitted from a slight uptick in sales, while the sequential point-of-sale pricing index marked the third consecutive month of expansion.
"Our (fastener) market share gains continue to be strong, but the contraction in purchases from our existing customers, plus some price deflation, has eliminated our growth and led to contraction."
Founded in 1926 in Long Island City, NY. where the patented press-fit fastener called a grooved pin was developed.
B&G Supply has served Northeast Ohio industrial customers for over 40 years, with a focus on tools, abrasives and fasteners.
Southwestern and Southeastern to conduct joint conference in New Orleans in April 2017.
Installs with minimal footprint in ultra-thin stainless steel sheets.
Manufacturers for Trade Enforcement is a group of U.S. manufacturing associations which oppose designation of China as a market economy. Member organizations include the American Wire Producers Association, Alliance for American Manufacturing, American Iron & Steel Institute, Steel Manufacturers Association and nine other groups.
After falling 6% in December, U.S. fastener exports of iron and steel fasteners in January, boosted by gains in Canada, Mexico and France.
“There is no more ‘free’,” price consultant Tom Reilly the joint meeting of the National Fastener Distributors Association and Pacific-West Fastener Association. “There is a fee for free. Somebody has to pay for all that ‘free.’”
12/1/2015 1:25:00 AM NEWS BRIEFS + click to enlarge Randy Compton was promoted from implementation manager to operations manager for Distribution One. Compton joined the ERP software provider in 2011. Founded in...
12/3/2015 NEWS BRIEFS Emerald VP: Quality Attendance 1st & Foremost + click to enlarge “We have a team of experts that understand first and foremost that quality attendance growth is...
12/3/2015 10:36:00 AM NEWS BRIEFS + click to enlarge Ron Garrett + click to enlarge Matt Flajnik Ron Garrett of SBS Industries is the 2016 chair of the Southwestern Fastener...
12/4/2015 2:29:00 AM NEWS BRIEFS + click to enlarge Dean Summerfield B2B Industrial Packaging announced a “significant expansion of its fastener expertise and inventory – made possible by the recent...
12/6/2015 2:14:00 AM NEWS BRIEFS Gowett at STAFDA: People Want To “Know and Trust” Businesses + click to enlarge Rod Gowett People want to do business with people they know...