Sales, employment and supplier deliveries declined sequentially, while customer inventories improved month-to-month.
NEWS BRIEFS
August 10
09:34
2023
Domestic steel consumption is poised to recover amid improving demand from automotive and computer manufacturers, the Kaohsiung-based steelmaker stated.
August 08
14:52
2023
Founded in 1960, Canton,MA-based Electronic Fasteners Inc. is a stocking distributor that will be renamed Monroe EFI.
August 07
22:53
2023
The specialty fastener manufacturer relocated from suburban Chicago to a new location in Rockford - the traditional home of the U.S. fastener industry.
August 07
10:07
2023
Fastener sales had stabilized in June, holding at a 0.6% rate of decline that began in May and ending a 27-month stretch of fastener product revenue growth.
August 03
22:43
2023
Higher customer demand for its proprietary products and sales from the 2022 acquisition of Charter Automotive drive gains.
August 03
12:48
2023
He co-founded South Carolina-based Warren Fastenings South with his son, Eric Finkelstein.
August 01
23:24
2023
“The outlook for Howmet Aerospace continues to be strong and supported by the extraordinary backlog of commercial aircraft orders at Airbus and Boeing,” stated CEO John Plant.
August 01
22:54
2023
Double-digit sales growth in aerospace and automotive revenues was partially offset by softer industrial markets.
August 01
20:31
2023
The first EiD is scheduled for March 12-14, 2024, in Nashville.
August 01
19:56
2023
“We expect stable underlying demand and continued strong margin and profitability performance through the balance of the year.”
August 01
14:27
2023
General Machinery will operate as a branch of Fastener Supply, with Michelle Hampton continuing as branch manager.
August 01
14:08
2023
Expansion serves customers in western Wisconsin and southeastern Minnesota.
July 28
12:22
2023
When a buyer sends a quote request, the RFQ is syndicated to all the registered distributors or direct-selling manufacturers.
July 27
09:58
2023
During Q2, Grainger announced plans to open a 500,000 sq ft distribution center east of Portland, OR, in 2025.
July 26
14:25
2023
Over 20,000 standard parts are available for download with direct insert functionality into every major CAD system.
July 25
09:47
2023
New executive “combines broad financial expertise with international experience and has a strong track record in listed companies.”
July 23
23:30
2023
The Taiwan Hardware Show relocated to Taipei Nangang Exhibition Centre for the October 18-20 show.
July 20
11:09
2023
Despite a shortage of skilled labor, U.S. sales approached double-digit growth, boosted by strong demand from Tesla and other customers.
July 19
11:10
2023
Bob Baer described the not-timed team event as “We start together, finish together, and leave with a bond that cannot be broken. We leave no one behind.”
