Double-digit sales growth in aerospace and automotive revenues was partially offset by softer industrial markets.
NEWS BRIEFS
The first EiD is scheduled for March 12-14, 2024, in Nashville.
“We expect stable underlying demand and continued strong margin and profitability performance through the balance of the year.”
General Machinery will operate as a branch of Fastener Supply, with Michelle Hampton continuing as branch manager.
Expansion serves customers in western Wisconsin and southeastern Minnesota.
When a buyer sends a quote request, the RFQ is syndicated to all the registered distributors or direct-selling manufacturers.
During Q2, Grainger announced plans to open a 500,000 sq ft distribution center east of Portland, OR, in 2025.
Over 20,000 standard parts are available for download with direct insert functionality into every major CAD system.
New executive “combines broad financial expertise with international experience and has a strong track record in listed companies.”
The Taiwan Hardware Show relocated to Taipei Nangang Exhibition Centre for the October 18-20 show.
Despite a shortage of skilled labor, U.S. sales approached double-digit growth, boosted by strong demand from Tesla and other customers.
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.”
The supply situation is improving for the group, while “geopolitical challenges such as the smoldering conflict between China, Taiwan and the USA, as well as the war in Ukraine and the associated high energy prices,” influence economic growth.
German specialist machine maker Schunk Sonosystems will use BUMAX DX 129 screws for all its ultrasonic welding flexure sonotrode machines, which are mainly used in the automobile industry.
As an anchor bolt cages supplier for the T&D utility market, EDSCO's products are “well-positioned to benefit from the long-term transition to renewable energy.”
4PS Construct software, based on Microsoft Dynamics 365 Business Central, offers construction-specific functionalities that enable companies to manage the entire construction project life cycle.
The 75,000 sq ft center "is expected to increase operational efficiencies, customer collaboration and facilitate round-the-clock service.”
Benton Harbor, MI-based Connection Services will join forces with the fastener distribution group formed by Kevin Weidinger.
Fastenal Co. published its 2023 Environmental, Social, and Governance (ESG) report, which recaps the company's performance in 2022.
Founded in 1982, Exim & Mfr Holdings Pte Ltd is a privately-owned distributor of fasteners and other c-parts from more than 1,800 manufacturers and suppliers.