Following a phase of high double-digit growth rates, U.S. demand began to normalize.
NEWS BRIEFS
ARaymond Logansport will process 80% of its coating work and serve as the primary shipping location for both the Hamilton, Ontario, and Logansport sites.
In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution and logistics.
“While August may have temporarily benefited from some pent-up demand following summer vacations, September returned to the more sluggish pace of activity seen throughout most of 2023.”
After falling four consecutive months, fastener sales at Fastenal Co. grew 0.1% in September, reversing a 3.8% decline in August.
Turkey-based Norm Fasteners plans to build a 365,000 sq ft manufacturing facility in Michigan — its first in the U.S.
“Our unique capabilities and services allow us to further separate ourselves from competitors in the fastener industry and harness our full potential as a full line fastener distributor,” stated BlackHawk fastener division GM Keith Shope.
New executive will fulfill his new role while concurrently acting as chief information officer of Würth Industry North America.
Revenue is forecast to grow 9.5% annually during the next 3 years, compared to a 7.5% growth forecast for the machinery industry in Italy.
New exec has over 25 years of HR experience and is responsible for all HR functions at AFC.
Dubbed “Volt 2.0,” the renovation will increase Volt’s overall facility size to 100,000 sq ft for production and inventory of 100 million parts, the company announced in LINK Magazine.
Founded in 1984, Phoenix-based AMW distributes tools and fasteners for the construction, stone, and brick products industry.
Since 2006, Vossloh has supplied fasteners to China’s rail infrastructure expansion, which includes 26,000 miles of high speed rail.
Cleveland-based fastener and tooling manufacturer looks to increase its international marketshare in the UK and Europe.
Exim and Bulten’s growing business to consumer electronics customers become the foundation of a new industrial segment for the Swedish fastener manufacturer.
The International Fastener Expo Hall of Fame announced six fastener professionals will be inducted on October 10 during the annual trade show in Las Vegas.
Fastener Training Week is scheduled in Los Angeles, CA, on December 4-8.
Hans Fuller of Fuller Metric (Surrey, BC) was elected to serve a second year as president of the Pacific-West Fastener Association.
The European Industrial Fasteners Institute remains relevant in a time of increased globalization, stated Agrati Group CEO Paolo Pozzi.
The group reported strong growth in Europe and Asia, and declines in North America.