BBI-New Jersey employee named group manager for DPA (Distributor Partnership of America).
NEWS BRIEFS
India-based Sundram Fasteners Ltd. saw improved profit despite rising raw material costs, the company reported.
While global markets remain strong, Chin Well’s European market is expected to soften due to the ongoing Ukraine-Russia war.
CEO: “The outlook for the commercial aerospace market continues to be robust, supported by demand for new, more fuel-efficient aircraft.”
Founded in 1992, Quebec-based Viscan supplies specialized screws, general fasteners and related components, as well as value-add services.
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.”
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.
Growth in aerospace and automotive was partially offset by customer destocking in industrial markets.
Sales, including fasteners, rose 6.7% in the third quarter of 2023, boosted by solid volume growth.
Executive joins NORMA from EDAG Engineering Group AG, an engineering service provider for the global mobility industry.
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.
Sales, including fasteners, increased 8.6%, with operating margin reaching 12.1%.
The company recently announced a $12 million investment in its Logansport facility, which focuses on stamping, bending, assembly and surface treatment of metal products for the mobility, energy and construction markets.
Former president of Howmet’s Fastening Systems business began his fastener career when he joined Fairchild Fasteners’ continuous improvement organization.
CEO acknowledged the likely hit ITW automotive sales would take if the UAW strike continued throughout the final quarter of the year.
While Colorfast’s original metal parent product has long been FM Approved, this latest approval classifies the products in their own right.
Private equity firm partnered in the transaction with the Somers family, who founded Mid-States more than 50 years ago.
The deal - NEFCO’s ninth acquisition since 2017 - marks its entry into the Pacific Northwest regional market.
Executive joined Grainger in 2006 and most recently served as the Group VP for the Merchandising and Supplier Management function.
Starting in 2024, the partnership aims to support distributor companies to expand their reach and increase their revenue and product offering of stainless steel.