“The index and market conditions continue to climb out of the malaise seen throughout most of 2023, with some lingering sources of uncertainty.”
NEWS BRIEFS
Based in the Cleveland area, Jeff Senter will oversee operations in Ohio, Texas, and Wisconsin.
The deal marks NEFCO’s sixth acquisition since 2022, expanding its branch network to 39 sites nationwide.
Daughter of proud Hispano ranchers, the longtime co-owner of Cordova Bolt was born in an adobe house in 1931. Her first job was herding sheep on the prairie, where she learned to shoot rattlesnakes to protect the flock.
DB Roberts is now an authorized stocking distributor for KATO Fastening Systems, including Tangless and Tanged CoilThread inserts.
Last year was challenging for automotive fastener manufacturer, which reported a pre-tax loss totaling $5.7 million, while net loss reached $4.4 million compared to a gain of $2.9 million in 2022.
He was the former owner/CEO of Security Fastener in Pensacola, FL.
Registration is open for the National Fastener Distributors Association’s popular Executive Sales Planning Sessions on June 11-14 at the Omni Las Colinas Hotel in Irving, TX.
New Howmet Aerospace executive spent 17 years at Precision Castparts in roles with progressive responsibility.
Founded in 1950, Philadelphia-based Globe International supplies fasteners, door hardware and galvanized aircraft cable.
The Industrial Fasteners Institute elected Dan Curtis of MacLean-Fogg to lead the board as Chairman, and Larry Spelman of J.H. Botts as Vice Chairman.
The partnership adds the PEM, Atlas, SI and Sherex brands to Endries' network.
Company says its new service can provide parts across the globe in a matter of minutes.
“We are forever indebted and will always be supportive of the fastener industry, as it is who we are at Birmingham Fastener,” said sales VP Rodney Holmes.
Event this year takes place at the Huntington Convention Center in Cleveland on May 22-23.
Founded by Donald Hawk in 1963, Die Co. has a history of combined high-volume and customized manufacturing of spring steel fasteners and metal stampings, and in-house secondary processes.
New facility is intended to help businesses that have commercial, construction or aerospace projects in Mexico localize their supply chain and access inventory quicker.
Weeks after the National Transportation Safety Board found that four bolts intended to secure a panel that blew off a Boeing plane were missing, the agency is no closer to questioning any of the 25 door crew.
Swedish automotive fastener manufacturer said “very high sales... resulted in capacity challenges and also had a negative impact on operating profit.”
The two companies will strengthen Nord-Lock's position in Canada and contribute to the group’s global offer within the mining segment in particular.