Global Fastener News

NEWS BRIEFS

Stanley Engineered Fastening Reports Organic Growth

August 01
22:54 2023
    Stanley Engineered Fastening Reports Organic Growth

Double-digit sales growth in aerospace and automotive revenues was partially offset by softer industrial markets.

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STAFDA Launches Excellence in Distribution Website

August 01
20:31 2023

The first EiD is scheduled for March 12-14, 2024, in Nashville.

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ITW Fastener Segment Results Mixed

August 01
19:56 2023

“We expect stable underlying demand and continued strong margin and profitability performance through the balance of the year.”

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Fastener Supply Acquires General Machinery

August 01
14:27 2023
    Fastener Supply Acquires General Machinery

General Machinery will operate as a branch of Fastener Supply, with Michelle Hampton continuing as branch manager.

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Packer Fastener Opens New Branch

August 01
14:08 2023

Expansion serves customers in western Wisconsin and southeastern Minnesota.

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Bay Supply Launches Auto-Quote System

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.

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Grainger Reports ‘Steady’ Demand

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.

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Rotor Clip Adds CAD Functionality to Site

July 26
14:25 2023
    Rotor Clip Adds CAD Functionality to Site

Over 20,000 standard parts are available for download with direct insert functionality into every major CAD system.

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Bufab Names New CFO

July 25
09:47 2023
    Bufab Names New CFO

New executive “combines broad financial expertise with international experience and has a strong track record in listed companies.”

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Taiwan Hardware Show Relocates for 2023

July 23
23:30 2023
    Taiwan Hardware Show Relocates for 2023

The Taiwan Hardware Show relocated to Taipei Nangang Exhibition Centre for the October 18-20 show.

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Bossard Sales Slip Amid Labor Shortages

July 20
11:09 2023
    Bossard Sales Slip Amid Labor Shortages

Despite a shortage of skilled labor, U.S. sales approached double-digit growth, boosted by strong demand from Tesla and other customers.

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‘Rugged Maniac’ to Precede FSTNR Week

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.”

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Würth Sales Solid Amid Global Uncertainty

July 17
17:52 2023
    Würth Sales Solid Amid Global Uncertainty

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.

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BUMAX Screws Used for Ultrasonic Welding Machines

July 17
10:01 2023
    BUMAX Screws Used for Ultrasonic Welding Machines

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.

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Metals Firm Acquires EDSCO Fasteners

July 14
10:33 2023
    Metals Firm Acquires EDSCO Fasteners

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.”

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Hilti Expanding Software Business

July 12
20:17 2023

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.

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Trifast Building National Distribution Hub

July 12
14:50 2023
    Trifast Building National Distribution Hub

The 75,000 sq ft center "is expected to increase operational efficiencies, customer collaboration and facilitate round-the-clock service.”

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Great Lakes Fasteners Acquires Connection Services

July 11
22:23 2023

Benton Harbor, MI-based Connection Services will join forces with the fastener distribution group formed by Kevin Weidinger.

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Fastenal Releases ESG Report

July 10
23:05 2023
    Fastenal Releases ESG Report

Fastenal Co. published its 2023 Environmental, Social, and Governance (ESG) report, which recaps the company's performance in 2022.

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Bulten To Acquire Singapore Fastener Distributor Exim

July 08
10:46 2023
    Bulten To Acquire Singapore Fastener Distributor Exim

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.

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