Global Fastener News

NEWS BRIEFS

Fastenal Reports Decline in Fastener Sales

November 30
00:00 2015

12/8/2015 4:59:00 AM NEWS BRIEFS + click to enlarge Fastenal Co. reported fastener sales declined 4.1% in November. Overall sales increased 4% to $298.2 million during the month, with daily...

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Assembly Fasteners Partners With China Manufacturer

November 30
00:00 2015

12/9/2015 8:21:00 AM NEWS BRIEFS + click to enlarge Assembly Fasteners Incorporated announced a partnership with China manufacturer to supply standard and custom fasteners and components. “This partnership is an exciting...

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U.S. Fastener Exports Continue To Grow

November 30
00:00 2015

12/10/2015 11:30:00 PM NEWS BRIEFS...

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Cable Tie Express Announces Equity Investment

November 30
00:00 2015

12/14/2015 4:53:00 PM NEWS BRIEFS + click to enlarge Char Cooper (photo courtesy LINK Magazine) + click to enlarge Tony Van Hoozer (photo courtesy LINK Magazine) Cable Tie Express announced...

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Fasteners Added to Middle East 2016 SteelFab

November 30
00:00 2015

12/16/2015 12:25:00 PM NEWS BRIEFS + click to enlarge A Middle East steel trade show is adding a concurrent fastener section. The 12th SteelFab scheduled January 17-20, 2016, at the...

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Price Cuts and Lower Volume Hurt Grainger Sales

November 30
00:00 2015

12/17/2015 12:01:00 AM NEWS BRIEFS + click to enlarge + click to enlarge Grainger reported daily sales declined 2% in November 2015, hurt by price reductions and lower volume. The...

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Hedge Fund Boosts Stake in Precision Castparts

November 30
00:00 2015

12/18/2015 12:01:00 AM NEWS BRIEFS + click to enlarge Harvest Management bought a new stake in Precision Castparts Corp. during the third quarter, according to its filing with the SEC....

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Baer, Brin Head MWFA for 2016

November 30
00:00 2015

12/21/2015 1:59:00 AM NEWS BRIEFS + click to enlarge Bob Baer (photo credit courtesy LINK Magazine) Bob Baer of Abbott-Interfast is the 2016 president of the Mid-West Fastener Association. It...

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National Machinery Acquires Interest In Italy’s SMART

November 30
00:00 2015

12/22/2015 1:32:00 PM NEWS BRIEFS National Machinery Acquires Interest In Italy’s SMART + click to enlarge National Machinery LLC announced it has taken a controlling interest in SMART Machinery Srl....

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FAA Fastener Fines Hit Boeing and Southwest Airlines

November 30
00:00 2015

12/23/2015 NEWS BRIEFS + click to enlarge The Federal Aviation Administration recently handed down two significant fines related to aerospace fasteners. Boeing agreed to pay $2 million to solve issues...

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Novario Group Consolidates Fastener Operations

November 30
00:00 2015

12/24/2015 NEWS BRIEFS + click to enlarge Bryan Perkins Novaria Group is relocating subsidiary Sky Aerospace Products from Los Angeles to Westbury, CT, where it will coexist with another Novaria...

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STAFDA Distributors Report Q3 Sales Decline 1.3%

November 30
00:00 2015

12/28/2015 NEWS BRIEFS + click to enlarge Distributors reported an average sales decline of 1.3% during the third quarter of 2015 compared to the same period of 2014, according to...

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Foley: Company Selling STAFDA List is Scam

November 30
00:00 2015

12/28/2015 10:55:00 AM NEWS BRIEFS + click to enlarge A company sent emails selling a list of attendees at the 2015 Specialty Tools & Manufacturers Association is conducting a “scam,”...

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MW Industries Names New Management Team

November 29
00:00 2015

11/30/2015 3:13:00 AM NEWS BRIEFS + click to enlarge Peter Mess appointed a new management team for MW Industries Inc.: Rick Evangelista, Theresa Cater and Andy Hees, as the Texas manufacturer approaches its 40th anniversary. Evangelista started...

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Bossard Invests in Illerrieden

November 27
00:00 2015

11/27/2015 NEWS BRIEFS + click to enlarge Bossard Group will invest EUR 14 million (US$14.9 million) to build a modern warehouse at its German location in Illerrieden, Fastener + Fixing...

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EU Extends Tariff on Chinese Wire Rod

November 23
15:17 2015
    EU Extends Tariff on Chinese Wire Rod

Following an expiry review, the European Union decided to continue antidumping measures applied to imports of certain wire rod from China, Fastener + Fixing Magazine reports. The extended measure applies duty at...

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Würth’s Northern Safety Names New CFO

November 23
00:00 2015

11/23/2015 12:08:00 PM NEWS BRIEFS + click to enlarge Northern Safety & Industrial of the Würth Group, named Mike Borrelli as CFO. He has 25 years experience in financial account...

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Acquisitions & Currency Exchange Boost BUFAB Sales

November 23
00:00 2015

11/23/2015 12:32:00 PM NEWS BRIEFS Acquisitions & Currency Exchange Boost BUFAB Sales + click to enlarge BUFAB Group reported third quarter sales rose 8% to SEK 577 million (US$66.1 million),...

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EU Extends Tariff on Chinese Wire Rod

November 23
00:00 2015

11/23/2015 3:17:00 PM NEWS BRIEFS + click to enlarge Following an expiry review, the European Union decided to continue antidumping measures applied to imports of certain wire rod from China, Fastener...

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Align Aerospace Signs Agreement with TGI

November 23
00:00 2015

11/25/2015 12:09:00 AM NEWS BRIEFS + click to enlarge Chatsworth, CA-based Align Aerospace Holdings Inc., a distributor of aerospace fasteners and other hardware to OEMs and OEM suppliers, signed a...

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