Global Fastener News

NEWS BRIEFS

Low Nickel Prices Dropping Stainless Steel Prices

August 02
00:00 2010

8/2/2010 11:28:00 AM Low Nickel Prices Dropping Stainless Steel Prices Taiwan-based Fastener World magazine reported the low nickel prices are “giving pressure to the stainless steel market in Taiwan, which...

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50 Million & Growing Middle Class Households Driving Fastener Use in India

August 01
00:00 2010

8/1/2010 8:53:00 AM 50 Million & Growing Middle Class Households Driving Fastener Use in India The population of India is estimated at 1.173 billion people – guaranteeing a massive market...

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Seminar Programs Expanded for 2010 NIFS/West

July 31
00:00 2010

7/31/2010 7:31:00 PM Seminar Programs Expanded for 2010 NIFS/West The educational program in conjunction with the 14th annual National Industry Fastener Show/West has been expanded for 2010. NIFS/West events will...

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Buyers Invited to Visit Fastener Plants in Conjunction with Taiwan Show

July 30
00:00 2010

7/30/2010 NEWS BRIEFS Buyers Invited to Visit Fastener Plants in Conjunction with Taiwan Show With 44% of Taiwanese fastener manufacturers based in the Tainan and Kaohsiung area, Taiwan International Fastener...

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Distributor Sales Boost Simpson Strong-Tie Revenue

July 30
00:00 2010

7/30/2010 10:33:00 AM NEWS BRIEFS Distributor Sales Boost Simpson Strong-Tie Revenue Simpson Manufacturing reported sales for Simpson Strong-Tie increased 8.8% to $165.6 million during the second quarter of 2010, while...

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R&R Engineering Adds Machinery to Increase Production

July 30
00:00 2010

7/30/2010 R&R Engineering Adds Machinery to Increase Production R&R Engineering has added machinery to increase special fastener and bent bolt manufacturing capacity and efficiency, president Ralph Amos announced. A break...

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Fastener Producer Amsted Rail Inks Joint Venture

July 30
00:00 2010

7/30/2010 NEWS BRIEFS Fastener Producer Amsted Rail Inks Joint Venture Undercarriage rail components manufacturer Amsted Rail announced a joint venture with Ellcon Nationa, a subsidiary of Faiveley Transport. “Ellcon National’s...

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Carpenter Tech Reports Uneven Fastener Demand

July 29
00:00 2010

7/29/2010 11:13:00 AM NEWS BRIEFS Carpenter Tech Reports Uneven Fastener Demand Demand for Carpenter Technology Corp.’s fastener products produced mixed results in the three-month period ended June 30.  Aerospace fastener...

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Dionne New Permanent Technologies President

July 29
00:00 2010

7/29/2010 Dionne New Permanent Technologies President U.S. Navy Landing Craft, Air Cushion (LCAC) Pierre Dionne is the new president and director of Permanent Technologies Inc., chairman Loren Ball announced. Dionne...

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PennEngineering Names Sales Director

July 29
00:00 2010

7/29/2010 NEWS BRIEFS PennEngineering Names Sales Director PEM Europe in Galway, Ireland PennEngineering named Liam Foy as sales and marketing director with territorial responsibility for Europe, Middle East, and Africa....

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11th China Show Set for 2011

July 28
00:00 2010

7/28/2010 The 11th Fasteners, Springs & Equipment Expo is scheduled for June 16-18, 2011 at the China Import & Export Fair, Pazhou Complex, in Guangzhou, China. Exhibits include fasteners, gaskets,...

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Elgin Fastener Group Adds Harwood as Rep

July 28
00:00 2010

7/28/2010 NEWS BRIEFS Elgin Fastener Group Adds Harwood as Rep Elgin Fastener Group named  Harwood Associates as sales rep for Wisconsin and northern Illinois.   Founded in 1950 by Howard...

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B/E Aerospace Fastener Profit Rises

July 27
00:00 2010

7/27/2010 NEWS BRIEFS B/E Aerospace Fastener Profit Rises Six-month revenue had double-digit drop B/E Aerospace’s fastener business, Consumables Management, improved its earnings during the second quarter, boosted by “significant margin...

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Anixter Fastener Segment Achieves 20% Growth Worldwide

July 27
00:00 2010

7/27/2010 NEWS BRIEFS Anixter Fastener Segment Achieves 20% Growth Worldwide Anixter International reported sales at its worldwide OEM supply business, including Anixter Fasteners, grew 20% in the second quarter of...

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Simufact Expanding in North America

July 26
00:00 2010

7/26/2010 NEWS BRIEFS Simufact Expanding in North America Hamburg, Germany-based Simufact Engineering GmbH, which provides bulk metal forming simulation technologies and manufacturing processes software and services, is seeking to expand...

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Obituaries: Joseph R. Dudley

July 26
00:00 2010

7/26/2010 NEWS BRIEFS Obituaries: Joseph R. Dudley Joseph R. Dudley, 85, who had been a sales engineer for Nylok Fastener Corporation for 25 years, died July 19, 2010. He had...

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Feds Accuse Fastenal of GSA Overcharges Amid Multi-Million Dollar Settlement Offer

July 24
00:00 2010

7/24/2010 NEWS BRIEFS Feds Accuse Fastenal of GSA Overcharges Amid Multi-Million Dollar Settlement Offer A federal audit claims Fastenal may have overcharged government customers millions of dollars. The Winona, MN-based...

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Precision Castparts Fastener Segment Diversifies To Offset Reduced OEM Inventories

July 23
00:00 2010

7/23/2010 NEWS BRIEFS Precision Castparts Fastener Segment Diversifies To Offset Reduced OEM Inventories Anticipates recovery by end of 2010 Precision Castparts Corp. reported Fastener Product sales dipped 4.7% to $328.9...

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Workers Killed in Zinc Oxide Refinery Explosion

July 23
00:00 2010

7/23/2010 NEWS BRIEFS Positioned with access to road, rail and river transportation 28 miles north of Pittsburgh, Horsehead�s Monaca plant operates as the country�s largest zinc smelter. Two workers were...

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Rotor Clip Offers Thrust Load Tool Online

July 22
00:00 2010

7/22/2010 NEWS BRIEFS Rotor Clip Offers Thrust Load Tool Online Rotor Clip Co. published formulae on its website for determining thrust loads and tolerances, avoiding costs associated with over-estimating application...

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