Global Fastener News

NEWS BRIEFS

FDI Showing Sequential Signs of Life

November 20
00:00 2015

11/20/2015 4:26:00 AM NEWS BRIEFS + click to enlarge For October, a seasonally-adjusted headline reading of 50.1 marked the first sequential improvement for the index since June. Contributing to the...

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Wire Düsseldorf to Feature Micro Products

November 19
00:00 2015

11/19/2015 2:46:00 PM NEWS BRIEFS   + click to enlarge Micro products  – less than 1mm in all three dimensions – are among the topics at the April 4-8, 2016,...

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China’s Fastener Output Jumps 11%

November 18
00:00 2015

11/18/2015 NEWS BRIEFS + click to enlarge China’s output of industrial fasteners grew 11% to 6.68 million tons in the first nine months of 2015, ChinaFastener.Info reports. That figure included...

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Pivot Point Updates 30-Year-Old Logo

November 17
00:00 2015

11/17/2015 12:17:00 PM NEWS BRIEFS + click to enlarge Pivot Point Incorporated announced a new logo to note that in addition to pins, the Wisconsin-based company manufactures wire rope cable products...

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Elgin Names Chojnacki & Melaragno

November 16
00:00 2015

11/16/2015 10:54:00 AM NEWS BRIEFS + click to enlarge Pete Chojnacki Elgin Fastener Group named Pete Chojnacki vice president of sales & marketing and Mike Melaragno director of inside sales...

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Interstate Threaded Products Changes Personnel

November 12
00:00 2015

11/12/2015 NEWS BRIEFS + click to enlarge Kyler Tarwater is no longer with Interstate Threaded Products, vice president Bobby Stauter announced. No reason was given for the departure of Tarwarter,...

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Grainger Sales Drop Despite Acquisitions Gain

November 12
00:00 2015

11/13/2015 NEWS BRIEFS + click to enlarge + click to enlarge Grainger reported daily sales declined 1% in October of 2015. The sales performance included 4 percentage points from Cromwell Group (Holdings)...

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Fastenal Reports Sales Decline Amid Acquisition

November 10
00:00 2015

11/10/2015 11:04:00 AM NEWS BRIEFS + click to enlarge Fastenal Co. reported sales in October declined 5.1%% to $337.9 million, with daily sales down 0.8% to $15.4 million. Sales to...

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Tree Island Acquiring Irving Wire Products

November 10
00:00 2015

11/11/2015 12:04:00 AM NEWS BRIEFS + click to enlarge Tree Island Steel agreed to acquire all of the assets of Irving Wire Products Corp. of Calgary, Alberta. Terms of the...

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Crescent Mfg. Buys Perfection Screw & Rivet

November 10
00:00 2015

11/11/2015 2:48:00 PM NEWS BRIEFS + click to enlarge Crescent Manufacturing acquired the major assets, including extensive machinery, heading and threading tooling, customer list and files, of Perfection Screw and...

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Chicago Rivet Reports ‘Uneven’ Fastener Sales

November 09
00:00 2015

11/9/2015 12:12:00 AM NEWS BRIEFS + click to enlarge Chicago Rivet & Machine Co. reported fastener revenue in the third quarter of 2015 declined 1.7% to $8.15 million. Segment operating...

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Earle, Leahy Lead STAFDA for 2016

November 09
00:00 2015

11/9/2015 1:25:00 PM NEWS BRIEFS Terry Earle Tom Leahy Terry Earle of Fort Worth Bolt & Tool Co. is the 2016 president of the Specialty Tools & Fasteners Distributors Association...

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Four Firms Form New Fastener Company

November 06
00:00 2015

11/6/2015 10:29:00 AM NEWS BRIEFS + click to enlarge Four Specialty Tools and Fasteners Distributors Association member companies are merging to form a new fastener business. “This new company is...

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MW Industries Continues Acquisitions Trend

November 05
00:00 2015

11/5/2015 NEWS BRIEFS + click to enlarge Specialty spring and fastener manufacturer MW Industries acquired Servometer and BellowsTech for an undisclosed sum. Cedar Grove, NJ-based Servometer manufactures miniature bellows, flexible...

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Sems and Specials Buys American Fasteners & Components

November 05
00:00 2015

11/5/2015 10:39:00 AM NEWS BRIEFS Sems and Specials Buys American Fasteners & Components + click to enlarge American Fasteners & Components is merging with Sems and Specials, AFC president Becky...

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G.L. Huyett Acquires Precision Specialties

November 05
00:00 2015

11/5/2015 11:04:00 AM NEWS BRIEFS + click to enlarge Fastener manufacturer and master distributor G.L. Huyett acquired fastener distributor Precision Specialties, LLC, of Collierville, TN. G.L. Huyett announced the deal...

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Webcast / Onsite Auction December 3

November 05
00:00 2015

CLASSIFIED Hilo Industrial will conduct a webcast/onsite auction of cold headers, bolt formers, spotters, thread rollers, uncoiler and wire drawers on Thursday, December 3, 2015.  Preview will be from 9...

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Alcoa Buys $2.5m in Fastener Machinery

November 04
00:00 2015

11/4/2015 NEWS BRIEFS + click to enlarge Alcoa Fastening Systems & Rings is spending $2.5 million to bring new machinery into its site at Telford, UK, strengthening its position in...

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Optimas Acquires UK Fastener Manufacturer

November 03
00:00 2015

11/3/2015 12:20:00 AM NEWS BRIEFS + click to enlarge Optimas OE Solutions LLC announced the acquisition of UK fastener and parts manufacturer Barton Cold Form, Fastener+Fixing magazine reported. The Barton company name...

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Laverdure New Southwest Fastener Sales Manager

November 03
00:00 2015

11/3/2015 11:05:00 AM NEWS BRIEFS + click to enlarge Chuck Laverdure is the new sales manager at Southwest Fastener, Ken Lubbering announced. Laverdure will manage outside sales force for Southwest’s Southwest’s...

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