Executive joins NORMA from EDAG Engineering Group AG, an engineering service provider for the global mobility industry.
NEWS BRIEFS
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.
October 25
14:41
2023
Sales, including fasteners, increased 8.6%, with operating margin reaching 12.1%.
October 25
13:33
2023
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.
October 24
23:04
2023
Former president of Howmet’s Fastening Systems business began his fastener career when he joined Fairchild Fasteners’ continuous improvement organization.
October 24
14:51
2023
CEO acknowledged the likely hit ITW automotive sales would take if the UAW strike continued throughout the final quarter of the year.
October 23
16:05
2023
While Colorfast’s original metal parent product has long been FM Approved, this latest approval classifies the products in their own right.
October 20
10:55
2023
Private equity firm partnered in the transaction with the Somers family, who founded Mid-States more than 50 years ago.
October 19
10:04
2023
The deal - NEFCO’s ninth acquisition since 2017 - marks its entry into the Pacific Northwest regional market.
October 18
10:49
2023
Executive joined Grainger in 2006 and most recently served as the Group VP for the Merchandising and Supplier Management function.
October 17
15:17
2023
Starting in 2024, the partnership aims to support distributor companies to expand their reach and increase their revenue and product offering of stainless steel.
October 17
10:28
2023
Following a phase of high double-digit growth rates, U.S. demand began to normalize.
October 16
07:45
2023
ARaymond Logansport will process 80% of its coating work and serve as the primary shipping location for both the Hamilton, Ontario, and Logansport sites.
October 13
17:03
2023
In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution and logistics.
October 13
02:46
2023
“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.”
October 12
15:14
2023
After falling four consecutive months, fastener sales at Fastenal Co. grew 0.1% in September, reversing a 3.8% decline in August.
October 11
23:57
2023
Turkey-based Norm Fasteners plans to build a 365,000 sq ft manufacturing facility in Michigan — its first in the U.S.
October 11
23:55
2023
“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.
October 11
09:39
2023
New executive will fulfill his new role while concurrently acting as chief information officer of Würth Industry North America.
October 06
00:22
2023
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.
