Gains driven by growth in the commercial aerospace market, including emerging wide body aircraft recovery, and the commercial transportation market.
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The two new VPs bring “industry, tactical, and strategic experience, which they will leverage to propel DB Roberts forward into the next phase of our company’s evolution,” stated CEO Robert Clapp.
NORMA Group achieved stable profitability and strong cash flow in 2023 despite lower sales due to currency translation.
The alliance “demonstrates the importance of continuing education and training within the fastener industry.”
Membership in NFDA is not a requirement. Self-nominations are acceptable, as well as nominations by others.
Fastener sales drop in January tripled December's rate of decline and marked the ninth consecutive month of either flat or declining fastener sales.
Master distributor said Houston-based sales rep has had a 30-year career in industrial sales.
Industrial supplier Grainger saw record sales in the final quarter of 2023 amid a normalizing demand market.
Double digit growth in aerospace and automotive was partially offset by softness in general industrial fastener markets for Stanley Black & Decker's fastener business.
Fastener products sales improved for ITW in 2023, although results were mixed amid recession fears that have since receded.
Owned by the Hasegawa family, MEIDOH is a top supplier of bolts to Toyota, with factories in Japan, China, Indonesia, Thailand and the U.S.
Founded in 1964, Hillman Solutions is a $1.5 billion hardware supplier that employs one of the largest direct sales and service teams in the industry.
FTI’s Fastener Basics course provides extensive fastener parts knowledge to those new to the fastener industry and to those looking to better understand fastener products.
The fraudulent email was sent in the name of longtime CEO Georgia Foley, according to an email STAFDA sent to members.
Beaty of Beawest Fasteners and Georgievski of IFE Americas will lead the Young Fastener Professionals association for 2024.
Despite the tense global economic and political situation, the group was able to grow, even though the difficult conditions hurt its operating result.
Next Fastener Training Week is scheduled in Cleveland, OH, on April 8-12 at Brighton-Best International.
Roles “function together so manufacturing and distribution can be complementary sourcing solutions for OEM professionals seeking resilience and localization in their fastener supply chain.”
Results included a 1.9% drop in December (better than the 2.3% quarterly decline), with pricing for fasteners decelerating at a faster pace than non-fastener products.
“This bolt-on, attractive acquisition allows us to leverage our moat in order to capitalize on growth opportunities in this new product category,” said Hillman CEO Doug Cahill.