The UK-based fastener supplier highlighted its U.S. operation, which achieved 25% growth in the 12 months ended March 31.
NEWS BRIEFS
April 27
18:06
2023
“Both segments delivered strong growth and expanded margins, while we continued to invest in our growth engines and provide exceptional customer service,” stated CEO D.G. Macpherson.
April 27
17:49
2023
“We can't wait to see the fresh ideas she brings to our social media platforms. Welcome, Kat!” STAFDA stated on Twitter.
April 26
11:40
2023
Vagner Finelli has held leadership positions in Precision Castparts, Lear Corp. and Textron.
April 26
02:19
2023
“This is the fifth consecutive quarter with sales in excess of SEK 1 billion,” stated CEO Anders Nyström.
April 25
12:53
2023
The luncheon is open to all women STAFDA participants: Distributors, manufacturers, rep agents and spouses/companions.
April 25
10:34
2023
North America sales declined 7.4%, mostly due to lower volumes, while sales in Europe increased.
April 24
12:40
2023
In its third acquisition in 2023, AFC acquired Arlington, TX-based QFC Industries, which distributes fasteners and other small components to manufacturing and assembly customers in the U.S., Mexico, Europe and China.
April 24
00:57
2023
The company expects a 13% first quarter 2023 revenue increase, attributable to a combination of price increases across the company’s fastener, forging, and defense electronics businesses, as well as new product sales.
April 20
15:36
2023
Results “driven by solid performance in our steel products segment and increased demand for steel at our mills,” stated CEO Leon Topalian.
April 18
13:49
2023
Battaglia possesses over 25 years of financial management and reporting expertise, most recently leadership experience at Caterpillar.
April 18
13:35
2023
Current CFO Nancy Davies will serve as interim president and COO, replacing Remy Stachowiak.
April 18
08:32
2023
He owned Mill Supplies of Indiana and was the 2002 president of the Specialty Tools & Fasteners Distribution Association.
April 17
19:01
2023
U.S. market growth rose on new customer projects and structural growth in the focus industries, as well as gains in the procurement market.
April 17
18:20
2023
Prior to joining FDH, Ken Aso served as partner and senior advisor at Oliver Wyman, where he supported OEMs, Tier 1 suppliers and distribution service providers in the global aerospace and defense market.
April 17
16:09
2023
The May 24 hands-on intermediate class will be onsite at SWD Inc. and Morgan Ohare in Addison, IL.
April 13
13:05
2023
“The combination of good demand, more stable cost trends, and our long supply chain for imported fasteners and certain non-fastener products produced stable price levels for our products,” the company stated.
April 12
18:19
2023
The seasonally adjusted Fastener Distributor Index weakened in March, driven by faster supplier deliveries and weaker employment indicators.
April 12
14:41
2023
The Mid-West Fastener Association is seeking applicants to succeed executive director Nancy Rich, who is retiring after 40 years.
