Conservationist, geophysicist and mountaineer Pasquale Scaturro to keynote the 2025 Specialty Tools & Fasteners Distributors Association convention.
NEWS BRIEFS
April 01
18:22
2025
In the final quarter of 2024, fastener segment sales fell 40%, led by a 44% drop in sales to automotive customers.
March 31
17:48
2025
Howmet Aerospace recorded the highest FINdex gain at 18.6%, driven by fresh demand as top aerospace companies scramble to replace capacity destroyed when a fire gutted an SPS Technologies factory in February.
March 31
12:05
2025
“The tariffs have set off a hunt to find domestic supplies of some of manufacturing’s smallest components,” the Wall Street Journal reports.
March 27
12:30
2025
“Like Optimas, all suppliers must take action to minimize or eliminate tariffs within your supply chain,” the fastener manufacturer stated.
March 25
15:24
2025
GM Chase Watson: “This space gives us the room to better organize and scale our shipping, assembly, and manufacturing operations.”
March 25
11:55
2025
Decision to open second headquarters in Plano, TX, driven by region’s strong labor market and proximity to Simpson’s nearby factory.
March 24
16:58
2025
After 37 years, Brainard Rivet Co. GM Joseph “Joe” Lamanna is retiring.
March 21
14:35
2025
Würth Industry North America will pay $42.5 million for a distribution center in Columbus, OH, previously owned by MSC Industrial Supply.
March 20
14:24
2025
Aerospace supplier TriMas appoints current board member after CFO Scott Mell left the aerospace supplier.
March 19
17:33
2025
Acquired last October, the 17,100 sq ft facility increases service in Kentucky and southern Indiana.
March 18
18:41
2025
Fastener supplier Alabama Aerospace is one of six companies currently on a trade mission to Poland for high-level negotiations with military and business leaders.
March 18
16:55
2025
Aerospace fastener manufacturer reports strong demand from Boeing and other top aerospace companies to replace capacity destroyed when a fire gutted an SPS Technologies factory in February.
March 17
16:53
2025
International Fastener Expo owner Emerald X appoints new show director, replacing Morgan Wilson, who led the show for four years.
March 17
16:11
2025
Decision to lay off 250 workers comes weeks after a fire gutted SPS Technologies' Pennsylvania aerospace fastener factory, complicating Boeing production.
March 15
17:00
2025
While tariffs are cited by U.S. President Donald Trump as a tool to boost domestic manufacturing, analysts say the market picture is more complicated.
March 14
13:35
2025
Böllhoff Group cited the presence of tier 1 automotive suppliers, as well as Bulgaria's “strong sheet metal and aluminum processing industries.”
March 13
13:41
2025
He has a 30+ year blend of technology (hardware and software), finance, marketing and industrial experience.
March 12
16:10
2025
Effective March 20, a new quality control order will halt all steel fastener imports since no foreign manufacturers have received Bureau of Indian Standards certification.
March 11
18:35
2025
British & Irish Association of Fastener Distributors credited fastener veteran as “the driving force behind BIAFD over the last 20 years, helping to guide the association through significant industry developments.”
