Global Fastener News

NEWS BRIEFS

Prison Sentence Issued for Man Who Sold Counterfeit Fasteners to U.S. Military

April 11
00:00 2014

4/11/2014 11:33:00 AM NEWS BRIEFS Prison Sentence Issued for Man Who Sold Counterfeit Fasteners to U.S. Military + click to enlarge A former bodybuilder who supplied defective self-locking nuts to...

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Fastenal Co. Reports Modest Fastener Sales Growth

April 11
00:00 2014

4/11/2014 2:45:00 PM NEWS BRIEFS Fastenal Co. Reports Modest Fastener Sales Growth + click to enlarge + click to enlarge Fastenal’s fastener growth chart Fastenal Co. reported fastener sales grew...

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Powers Fasteners Laying Off 35 Workers

April 10
00:00 2014

4/10/2014 12:49:00 PM NEWS BRIEFS Powers Fasteners Laying Off 35 Workers Stanley Black & Decker’s Powers Fasteners division will lay off 35 workers at its plant in Brewster, NY, the...

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Alcoa "Very Optimistic" About Aerospace Fastener Business

April 09
00:00 2014

4/9/2014 1:43:00 AM NEWS BRIEFS Alcoa “Very Optimistic” About Aerospace Fastener Business + click to enlarge Alcoa reported Engineered Products and Solutions segment sales, including Alcoa Fastening Systems, grew 1.4%...

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Barnes Distribution Adds to MSC Industrial Direct’s Bottom Line

April 09
00:00 2014

4/9/2014 11:19:00 AM NEWS BRIEFS Barnes Distribution Adds to MSC Industrial Direct’s Bottom Line + click to enlarge + click to enlarge MSC Industrial Direct Co. reported sales, including fasteners,...

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Bossard Group Posts Record Q1 Sales

April 08
00:00 2014

4/8/2014 11:14:00 AM NEWS BRIEFS Bossard Group Posts Record Q1 Sales + click to enlarge + click to enlarge The Bossard Group announced record sales for the opening quarter of...

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Canada Initiates Tariff Review on Fasteners

April 07
00:00 2014

3/13/2014 1:17:00 PM NEWS BRIEFS Canada Initiates Tariff Review on Fasteners The Canadian International Trade Tribunal (CITT) initiated expiry proceedings concerning the dumping of certain fasteners from the People’s Republic...

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Bossard Signals International Growth

April 07
00:00 2014

3/28/2014 12:22:00 PM NEWS BRIEFS Bossard Signals International Growth + click to enlarge The Bossard Group continued to expand its presence in South East Asia by opening a new distribution...

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Indiana Automotive Fasteners Expanding – Again

April 07
00:00 2014

3/31/2014 12:06:00 AM NEWS BRIEFS Indiana Automotive Fasteners Expanding – Again + click to enlarge Indiana Automotive Fasteners is investing $21.7 million in expansions and adding at least 25 jobs...

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2014 FINdex Sees Lackluster Opening

April 07
00:00 2014

4/3/2014 1:43:00 AM NEWS BRIEFS 2014 FINdex Sees Lackluster Opening + click to enlarge The FIN Fastener Stock Index achieved a modest 1.5% gain in the opening quarter of 2014,...

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Falcon Metal Changes Name to Falcon Fastening Solutions

April 07
00:00 2014

4/7/2014 11:58:00 AM NEWS BRIEFS Falcon Metal Changes Name to Falcon Fastening Solutions + click to enlarge Falcon Fastening Solutions Inc. is the new name for Falcon Metal Corporation, president...

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Fastener Fair Announces Updates on Trade Shows in Mexico, Brazil, Russia, India & Turkey

April 06
00:00 2014

4/6/2014 8:47:00 PM NEWS BRIEFS Fastener Fair Announces Updates on Trade Shows in Mexico, Brazil, Russia, India & Turkey + click to enlarge Fastener Fair announced updates on five of...

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‘Defective Bolt Design’ Prompts Massive BMW Recall

April 03
00:00 2014

4/4/2014 8:10:00 AM NEWS BRIEFS + click to enlarge BMW, the world’s biggest luxury-vehicle maker, recalled 232,098 cars and SUVs in China to repair engine defects, Bloomberg reports.  “The Munich-based...

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Jim Derry Succeeds Bill Derry as Field Fastener President

April 02
00:00 2014

4/2/2014 11:30:00 AM NEWS BRIEFS Jim Derry Succeeds Bill Derry as Field Fastener President + click to enlarge Jim Derry is the new president of Field Fastener, succeeding Bill Derry,...

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Gilchrist Foundation Accepting Scholarship Applications

April 02
00:00 2014

4/2/2014 NEWS BRIEFS Gilchrist Foundation Accepting Scholarship Applications + click to enlarge The Gilchrist Foundation is accepting applications for the annual scholarships. Robbie Gilchrist and Gina Gilchrist established the scholarship...

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Bossard and PennEngineering Expand Collaboration

April 01
00:00 2014

4/1/2014 12:03:00 AM NEWS BRIEFS Bossard and PennEngineering Expand Collaboration + click to enlarge Bossard Group says it has taken a further step towards consolidating its market position in Europe...

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Hertz Retires as Elgin Sales Director

March 28
00:00 2014

3/28/2014 NEWS BRIEFS Hertz Retires as Elgin Sales Director + click to enlarge Courtesy EFG Joe Hertz retired as Elgin Fastener Group director of sales March 28, 2014, after 37...

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Value Outpaces Volume Gains in Japan’s Fastener Industry

March 27
00:00 2014

3/27/2014 12:02:00 PM NEWS BRIEFS Value Outpaces Volume Gains in Japan’s Fastener Industry During 2013 Japan’s fastener exports rose 2.4% to 347,041 tons in volume, while the value increased 10.7%...

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Permanent Technologies Names 3rd Generation Fastener Exec

March 26
00:00 2014

3/26/2014 NEWS BRIEFS Permanent Technologies Names 3rd Generation Fastener Exec + click to enlarge Permanent Technologies Inc. named Frederick Barry II president and executive board member. Email: fbarry@tinelok.com Barry spent...

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LISI Group Reports Record Fastener Revenue

March 25
00:00 2014

3/25/2014 3:36:00 PM NEWS BRIEFS LISI Group Reports Record Fastener Revenue + click to enlarge LISI Group reported 2013 revenues rose 6.3% to EUR 1.15 billion, Fastener+Fixing Magazine reports. Organic...

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