Sales, including fasteners, decreased 1.4% in the third quarter of 2024, while net income improved 45%.
NEWS BRIEFS
Acquisition enables Switzerland's SFS Group to expand its presence in the Midwestern U.S.
Taiwanese fastener exports to the U.S. (its largest market) dipped a mere 0.31% in September, while fastener exports to Europe grew 14%, according to Fastener World.
Gains “driven by growth in all geographies and included broad-based gains across most customer end markets.”
New rep will cover the territory of Texas, Oklahoma, New Mexico, Arkansas and Tennessee.
Automotive OEM fasteners slipped on weak demand, while Construction Products sales approached double-digit declines in the third quarter.
Aerospace expansion and general industrial growth could not overcome automotive market softness at Stanley Black & Decker's fastener business.
New managing director for Swedish stainless steel fastener manufacturer has over 20 years of global business experience, most recently with motion technology group Schaeffler.
Robert Trembicki brings nearly 34 years of experience in manufacturing and aerospace, including as sales executive for Precision Castparts.
Shanghai fastener manufacturer reported double digit gains during the first nine months of 2024.
Founder Mark Beaty is transitioning to retirement, succeeded by son Craig Beaty.
Union members turned down Boeing’s 35% wage hike offer, extending a strike that has crippled the aircraft manufacturer's commercial production.
The U.S. is hosting the annual plenary meetings of ISO TC 2 (Committee on Fasteners) Oct. 21-25 in Chicago.
“Their vision and leadership ultimately led to Century contributing to the advancement and innovation in Aerospace and Space technology.”
Newly created role will lead marketing and drive strategic initiatives in the areas of technology, sales, and environmental, social, and governance (ESG).
FDH’s companies include three specializing in fasteners: Aircraft Fasteners International, Blue Sky Industries and Calco Aerospace.
Deal to acquire German fastener distributor expands Bossard’s market presence in Germany and Eastern Europe.
Supply chain service aims to “redefine how manufacturers and distributors connect, source, and manage aerospace hardware components.”
“Our mission is to create a workplace where everyone feels valued, respected and empowered to be their authentic selves.”
Dallas-based master stocking distributor of high-quality specialty fasteners names new marketing and regional account managers.