Global Fastener News

NEWS BRIEFS

Porteous Promotes Four To Leadership Roles

August 02
00:00 2013

8/2/2013 1:15:00 AM NEWS BRIEF + click to enlarge Porteous Fastener Company promoted four veteran employees:  Carrie Haggerty is the new Denver branch manager. She has been in the fastener industry since...

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Automotive Fastener Supplier Expanding

July 30
00:00 2013

7/30/2013 10:51:00 AM NEWS BRIEF + click to enlarge MultiTech Industries will establish a distribution and manufacturing facility in Franklin, KY, employing 10 people initially and as many as 40...

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U.S. Economic Growth Boosts Simpson Mfg. Sales

July 30
00:00 2013

7/31/2013 12:13:00 PM NEWS BRIEF + click to enlarge Simpson Manufacturing reported sales, including fasteners, increased 7.6% to $195.6 million in the second quarter of 2013 due to increased sales...

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Nonconforming Fasteners Lead To $2.75m Fine

July 29
00:00 2013

7/29/2013 1:40:00 AM NEWS BRIEF + click to enlarge The Federal Aviation Administration is proposing a $2.75 million fine against Boeing for allegedly failing to maintain its quality control system...

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TriMas Fastener Sales Improve

July 29
00:00 2013

7/29/2013 4:00:00 PM NEWS BRIEF TriMas Corp. reported sales in its Aerospace & Defense segment (consists of Monogram Aerospace Fasteners, Martinic Engineering and NI Industries) increased 22.8% to $23.7 million...

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Würth Names Strandquist Executive VP of WINA

July 26
00:00 2013

7/26/2013 12:40:00 PM + click to enlarge Würth Group of Germany appointed Marc Strandquist executive vice president of Würth Industry of North America. The appointment is part of reorganization of...

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PCC Fastener Sales See Double-Digit Jump

July 25
00:00 2013

7/25/2013 10:23:00 AM NEWS BRIEF + click to enlarge Precision Castparts Corp. reported sales in its Airframe Products segment — primarily fasteners — increased 39% to $686 million in the...

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ITW Automotive Fastener Segment Leads Company Growth

July 24
00:00 2013

7/24/2013 9:50:00 AM NEWS BRIEF + click to enlarge ITW reported its Automotive OEM segment, including fasteners, led the company in organic growth, increasing 12% to $614 million in the...

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B/E Aerospace Fastener Orders Mark "Solid Upturn"

July 23
00:00 2013

7/23/2013 2:33:00 AM NEWS BRIEF B/E Aerospace Fastener Orders Mark “Solid Upturn” + click to enlarge + click to enlarge B/E Aerospace reported sales in its Consumables management segment —...

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Anixter Reports Sequential Gain in Fastener Segment Sales

July 23
00:00 2013

7/23/2013 1:37:00 PM NEWS BRIEF + click to enlarge Anixter reported OEM Supply (“OEM”) sales — including results from Anixter Fasteners — declined 2.3% to $235.1 million in the second...

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MW Industries Makes 5th Acquisition in Two Years

July 22
00:00 2013

7/22/2013 12:19:00 PM NEWS BRIEF + click to enlarge Specialty spring and fastener manufacturer MW Industries acquired Mohawk Spring.  Headquartered near Chicago in Schiller Park, IL, Mohawk manufactures precision springs,...

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Fastener Segment Sales Slip at Nucor

July 19
00:00 2013

7/19/2013 10:55:00 AM NEWS BRIEF + click to enlarge Nucor Corporation reported cold finished steel sales, including results from Nucor Fastener, declined 6% to 124,000 tons in the second quarter...

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Northern Wire Marking 40th Anniversary

July 18
00:00 2013

7/18/2013 9:44:00 AM + click to enlarge Northern Wire LLC is marking its 40th anniversary. The northern Wisconsin company was founded in 1973 to manufacture wear-rods for snowmobile skis. Located...

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EFC International Promotes Dudenhoeffer

July 18
00:00 2013

7/18/2013 11:15:00 AM NEWS BRIEF CEO Douglas Adams promoted Matthew Dudenhoeffer to president of EFC International.    Dudenhoeffer joined EFC in 1993 as a sales engineer.  In late 2012 Dudenhoeffer...

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Foreign Demand Drives Grainger Sales Gains

July 17
00:00 2013

7/17/2013 12:40:00 PM NEWS BRIEF + click to enlarge Grainger reported sales, including fasteners, grew 6% to a record $2.4 billion in the second quarter of 2013, consisting of 4 percentage...

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EU Slowdown Puts Drag on Würth Sales

July 16
00:00 2013

7/19/2013 2:26:00 AM NEWS BRIEF + click to enlarge The Würth Group closed the first half of 2013 with total sales of EUR 4.9 billion, down 3%.  “The unstable economic...

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Cardinal Marking 30th Anniversary

July 12
00:00 2013

7/12/2013 11:13:00 AM + click to enlarge Cardinal Fastener Inc. is marking its 30th anniversary. The manufacturer had been the Cardinal Threading division before becoming a separate company in 1983....

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Key Fasteners to Nearly Double Plant Size

July 11
00:00 2013

7/11/2013 1:38:00 AM NEWS BRIEF + click to enlarge Key Fasteners Corporation is nearly doubling its 82,500 sq ft Indiana plant with a $1.6 million expansion. Key also will install $8...

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MSC Direct Revenue Rises on Fastener Acquisition

July 11
00:00 2013

7/11/2013 11:17:00 AM NEWS BRIEF + click to enlarge MSC Industrial Direct reported sales grew 4.1% to $636.9 million for the third quarter of fiscal 2013, which ended June 1....

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Fastenal Fastener Sales Edge Up

July 10
00:00 2013

7/10/2013 1:07:00 PM NEWS BRIEF + click to enlarge + click to enlarge Fastenal’s fastener growth Fastenal Co. reported fastener sales rose 1.9% in the second quarter of 2013, up...

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