Tesla halted all Cybertruck deliveries after discovering a safety issue involving its decision to use adhesive instead of fasteners on the accelerator pedal cover.
NEWS BRIEFS

National industrial products supplier expands in central Oregon after acquisitions in neighboring Washington State.

Weak demand and lower fastener pricing, coupled with adverse weather, hurt the company’s performance in the opening quarter of 2024.

Westberg holds an master of science in mechanical engineering and has lived and worked in Canada, Germany, and France.

Deal increases industrial fastener supplier's market share in rubber sealing products and strengthens its technical components category.

“The index and market conditions continue to climb out of the malaise seen throughout most of 2023, with some lingering sources of uncertainty.”

Based in the Cleveland area, Jeff Senter will oversee operations in Ohio, Texas, and Wisconsin.
The deal marks NEFCO’s sixth acquisition since 2022, expanding its branch network to 39 sites nationwide.

Daughter of proud Hispano ranchers, the longtime co-owner of Cordova Bolt was born in an adobe house in 1931. Her first job was herding sheep on the prairie, where she learned to shoot rattlesnakes to protect the flock.
DB Roberts is now an authorized stocking distributor for KATO Fastening Systems, including Tangless and Tanged CoilThread inserts.
Last year was challenging for automotive fastener manufacturer, which reported a pre-tax loss totaling $5.7 million, while net loss reached $4.4 million compared to a gain of $2.9 million in 2022.
He was the former owner/CEO of Security Fastener in Pensacola, FL.
Registration is open for the National Fastener Distributors Association’s popular Executive Sales Planning Sessions on June 11-14 at the Omni Las Colinas Hotel in Irving, TX.
New Howmet Aerospace executive spent 17 years at Precision Castparts in roles with progressive responsibility.
Founded in 1950, Philadelphia-based Globe International supplies fasteners, door hardware and galvanized aircraft cable.

The Industrial Fasteners Institute elected Dan Curtis of MacLean-Fogg to lead the board as Chairman, and Larry Spelman of J.H. Botts as Vice Chairman.
The partnership adds the PEM, Atlas, SI and Sherex brands to Endries' network.

Company says its new service can provide parts across the globe in a matter of minutes.
“We are forever indebted and will always be supportive of the fastener industry, as it is who we are at Birmingham Fastener,” said sales VP Rodney Holmes.
Event this year takes place at the Huntington Convention Center in Cleveland on May 22-23.