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,...
NEWS BRIEFS
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...
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...
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...
International Trade Show Organizer Mack Brooks Acquires Fastener Fair and Fastener + Fixing Magazine
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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....
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...