Sluggish economic development in both the automotive industry and industry in general dampened demand in the third quarter.
NEWS BRIEFS
November 20
14:18
2023
He joined Century Fasteners in May 2023 with 30 years of executive experience, including prominent sales positions at B/E Aerospace and UFC Aerospace.
November 16
14:50
2023
“Capacity-boosting measures have produced results, if later than anticipated,” stated CEO Anders Nyström.
November 15
23:09
2023
Hartman is president and owner of Canonsburg,PA-based Hartman Independent Co.
November 13
17:05
2023
Executive spent the past 25 years at ANConnect, an $800 million wholesale distribution company.
November 13
11:04
2023
Australia’s largest independent fastener distributor adds interactive product displays, live demonstrations and intuitive layouts to showcase its products.
November 09
10:55
2023
Strong assembly equipment segment revenues were offset by declining fastener segment sales from reduced non-automotive customer orders.
November 09
09:11
2023
The National Fastener Distributors Association is presenting a webinar on using AI and automation to make your business more efficient.
November 07
15:28
2023
Groov-Pin was recognized by Providence Business News for Overall Excellence at a Midsize Manufacturer in the annual Manufacturing Awards.
November 07
13:46
2023
BBI-New Jersey employee named group manager for DPA (Distributor Partnership of America).
November 03
11:15
2023
India-based Sundram Fasteners Ltd. saw improved profit despite rising raw material costs, the company reported.
November 02
15:22
2023
While global markets remain strong, Chin Well’s European market is expected to soften due to the ongoing Ukraine-Russia war.
November 02
10:52
2023
CEO: “The outlook for the commercial aerospace market continues to be robust, supported by demand for new, more fuel-efficient aircraft.”
November 01
14:21
2023
Founded in 1992, Quebec-based Viscan supplies specialized screws, general fasteners and related components, as well as value-add services.
October 30
23:19
2023
Expansion more than doubles current production capacity and footprint, enabling Simpson Strong-Tie to "meet increased product demand and keep fastener manufacturing close to our North America customers.”
October 30
19:20
2023
His passion for inventing resulted in 125 patents across multiple manufacturing industries for Hager Hinge Co., Illinois Tool Works, Anchor Fastener and Phillips Plastic Corp.
October 27
11:03
2023
Growth in aerospace and automotive was partially offset by customer destocking in industrial markets.
October 26
14:37
2023
Sales, including fasteners, rose 6.7% in the third quarter of 2023, boosted by solid volume growth.
October 26
13:37
2023
Executive joins NORMA from EDAG Engineering Group AG, an engineering service provider for the global mobility industry.
October 26
11:18
2023
Protesters claim the company's UK factory manufactures and supplies fastenings for the F-35 Lightning II fighter jets used by the Israeli military against Palestine and Hamas.
