Global Fastener News

NEWS BRIEFS

Former TriStar Aerospace Owner Reinvests In Fastener Industry

February 04
00:00 2010

2/4/2010 NEWS BRIEFS Former TriStar Aerospace Owner Reinvests In Fastener Industry Former TriStar Aerospace owner Odyssey Investment Partners acquired Wencor Group, an aerospace fasteners and components supplier based in Springville,...

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Anixter North American Fastener Segment Top Performer of 2009

February 03
00:00 2010

2/3/2010 NEWS BRIEFS Anixter North American Fastener Segment Top Performer of 2009 Anixter International reported sales at its North American OEM Supply segment, including fasteners, outperformed the company’s other business...

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Senco Names Johansen New CEO

February 03
00:00 2010

2/3/2010 NEWS BRIEFS Senco Names Johansen New CEO Fastener supplier Senco Brands Inc. appointed Ben Johansen to CEO. For the past four years Johansen was president of Actuant Corp.’s DIY...

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Mountz Launches New Torque Website

February 03
00:00 2010

2/4/2010 NEWS BRIEFS Mountz Launches New Torque Website Torque tool specialists Mountz Inc. launched a new web site, mountztorque.com. The site provides an overview of the industry’s best torque tools...

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International Trade Show Organizer Mack Brooks Acquires Fastener Fair and Fastener + Fixing Magazine

February 02
00:00 2010

2/2/2010 International Trade Show Organizer Mack Brooks Acquires Fastener Fair and Fastener + Fixing Magazine Deal Includes Trade Shows and Magazine International show organizer Mack Brooks Exhibitions Group acquired the...

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B/E Aerospace Fastener Segment Sales Approach $800m

February 02
00:00 2010

2/2/2010 NEWS BRIEFS B/E Aerospace Fastener Segment Sales Approach $800m Sales at B/E Aerospace’s fastener business, Consumables Management, dropped 23.5% to $798.1 million on a proforma basis during 2009. The...

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Double-Digit Drop in Simpson Strong-Tie Sales

February 02
00:00 2010

2/3/2010 NEWS BRIEFS Double-Digit Drop in Simpson Strong-Tie Sales Simpson Strong-Tie sales, including fasteners and anchor systems, fell 22% during 2009, with sales to distributors and home centers contracting due...

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FIN Survey: Fastener Prices Stable – For Now

February 01
00:00 2010

2/1/2010 NEWS BRIEFS FIN Survey: Fastener Prices Stable – For Now Nearly six in 10 fastener companies reported stable prices in 2009, while 19.5% said prices fell an average of...

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ITW Acquires UK Coatings Firm

January 29
00:00 2010

1/29/2010 NEWS BRIEFS ITW Acquires UK Coatings Firm Illinois Tool Works acquired UK-based specialty coatings maker ICI-Imagedata, Plastics News reports. Terms were not disclosed. The new business unit will be...

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Tree Island Completes $10m Offering

January 29
00:00 2010

1/29/2010 NEWS BRIEFS Tree Island Completes $10m Offering Tree Island Wire Income Fund completed its previously announced Rights Offering, raising $10 million by issuing 10% second lien convertible debentures. The...

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FIN Survey: Will Fastener Companies Increase Wages in 2010?

January 28
00:00 2010

1/28/2010 NEWS BRIEFS FIN Survey: Will Fastener Companies Increase Wages in 2010? More than three quarters of FIN Survey participants reported their company did not give pay raises in 2009....

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Hariton Machinery Adds Plant Liquidation to Website

January 28
00:00 2010

1/28/2010 Hariton Machinery Adds Plant Liquidation to Website Hariton Machinery Company Inc. added a second-hand fastener equipment page for plant liquidations to its website: haritonmachinery.com The liquidation page currently features...

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Fastener Segment Profit Jumps at ITW

January 28
00:00 2010

1/28/2010 NEWS BRIEFS Fastener Segment Profit Jumps at ITW With “virtually all OEMs boost(ing) production,” ITW reported sales at its Transportation segment, including fasteners, increased 9.6% to $593.1 million during...

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Carpenter Tech: Several Quarters Before Fastener Sales Improve

January 27
00:00 2010

1/27/2010 NEWS BRIEFS Carpenter Tech: Several Quarters Before Fastener Sales Improve Carpenter Technologies reported aerospace market sales, including fasteners, dropped 28% to $113.5 million during the second quarter of fiscal...

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FIN Company Performance Index Drops to New Low for 2009

January 27
00:00 2010

1/27/2010 NEWS BRIEFS FIN Company Performance Index Drops to New Low for 2009 The FIN Company Performance Index plummeted to a new low for 2009. The Index fell from 6.5...

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FIN Survey: Will Fastener Prices Rise in 2010?

January 26
00:00 2010

1/26/2010 NEWS BRIEFS FIN Survey: Will Fastener Prices Rise in 2010? FINdex Fastener Sales Nearly six in 10 fastener companies reported stable prices in 2009, while 19.5% said prices fell...

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Hill Fastener Achieves ISO 9001:2008 Certification

January 26
00:00 2010

1/26/2010 Hill Fastener Achieves ISO 9001:2008 Certification Hill Fastener Corporation received ISO 9001:2008 certification, director of quality Charles Chaney announced. President Preston Boyd said Hill surveyed its sales representatives and...

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Fastener Fair Stuttgart Moves to February; Show Extended to 3 Days for 2011

January 26
00:00 2010

1/26/2010 Fastener Fair Stuttgart Moves to February; Show Extended to 3 Days for 2011 Fastener Fair Stuttgart will switch from an autumn show to February and expand to three days...

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Nucor Fastener Results for 2009

January 26
00:00 2010

1/26/2010 NEWS BRIEFS Nucor Fastener Results for 2009 Nucor reported cold finished steel sales, including revenue from Nucor Fastener, slipped 4% to 87,000 tons during the final quarter of 2009....

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FIN Survey: Which Companies Did Better in Recession?

January 25
00:00 2010

1/25/2010 NEWS BRIEFS FIN Survey: Which Companies Did Better in Recession? FINdex Fastener Industry Sales in 2009 Fastener distributors were slightly more profitable than manufacturers during 2009, the End of...

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