9/17/2009 NEWS BRIEFS Grainger Acquires Majority Stake in Japan’s MonotaRO Grainger completed its tender offer bid in Japan for 380,000 shares of MonotaRO Co. Ltd., a Japanese company listed on...
NEWS BRIEFS
September 17
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2009
9/18/2009 NEWS BRIEFS Anixter Unveils TZ Cabinet Locking System Anixter Inc. and Telezygology Inc. announced the joint release of the TZ Praetorian cabinet locking system, which delivers electronic access control...
September 16
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2009
9/16/2009 12:17:00 PM Steel Hook & Loop Fastener Takes 35 Ton Load Spring steel hook and loop fasteners developed at the Institute of Metal Forming and Casting of the Technische...
September 16
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2009
9/16/2009 NEWS BRIEFS Acme Manufacturing Acquires 3rd Threaded Rod Maker Denver-based Acme Manufacturing Co. acquired a third threaded rod manufacturer, Lancaster Threaded Products, adding to its recent purchase of Watson...
September 16
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2009
9/16/2009 NEWS BRIEFS Ikalia Launches Fastener Focused Search Engine Ikalia Ltd. launched Industry.Bazibaza.com, “the first fastener industry focused search engine that filters the Web,” according to Ikalia CEO Daniel Rivalin....
September 15
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2009
9/15/2009 NEWS BRIEFS Report: Jet Redesign Could Hurt Titanium Fastener Producers Mitsubishi Aircraft Corp. is reconfiguring its new Mitsubishi Regional Jet (MRJ) commercial plane – Japan’s first wholly built commercial...
September 15
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2009
9/15/2009 NEWS BRIEFS ITW Boosts Q3 Earnings Forecast Illinois Tool Works increased its third quarter earnings forecast, boosted by successful restructuring efforts and improving end markets, including automotive and construction....
September 14
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2009
9/14/2009 Seeking Fastener Distributor Acquisition (See Classifieds) Our client, a multi-national fastener distributor, is seeking to expand in North America via acquisitions. The ideal target company is a value-added distributor...
September 14
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2009
9/14/2009 NEWS BRIEFS Interfast Launches European Division David Proctor, General Manager of Interfast Europe Ltd. Howard Gerstein, Director of Sales & Marketing for Interfast Europe Ltd. Fastener distributor Interfast Inc....
September 14
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2009
9/14/2009 NEWS BRIEFS Suit Filed Against Anixter Over Earnings Report The law firm Izard Nobel LLP announced a lawsuit seeking class action status has been filed in the United States...
September 11
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2009
9/11/2009 NEWS BRIEFS NIFS/West Advance Registration Tops 1,000; Hotel Prices Dropping in Las Vegas Just after the “early bird” advance discount ended, show management announced registration reached 1,030 persons for...
September 10
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2009
9/10/2009 NEWS BRIEFS Sundram Slashes China Capacity The global recession has forced Sundram Fasteners China in Zhejiang to work at 50% capacity, the Hindu Business Line reports. While not the...
September 10
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2009
9/10/2009 ScrewCrew.com was relaunched as a “fun diversion” for the fastener industry. With the motto, “Functional Fun for Fastener Freaks,” founder Andy Pels wants the website to provide information and...
September 10
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2009
9/10/2009 NEWS BRIEFS Fastener Demand in China To Top $10.8b Demand for industrial fasteners in China will growth 10.7% annually to 74.2 billion yuan (US$10.85 billion) by 2013, driven by...
September 09
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2009
9/9/2009 NEWS BRIEFS Airline Could Face Multi-Million Dollar Fine for Improper Fastener Repairs American Airlines faces the potential for a multi-million fine by the Federal Aviation Administration over allegedly improper...
September 08
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2009
9/8/2009 Würth Group Merges 2 Companies Winzer Würth Industrial Ltd and Würth UK Ltd are merging into a single company in a 12-month staged process. The two subsidiaries to form...
September 08
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2009
9/8/2009 Steers to Rep Hill Fastener Hill Fastener Corporation president Preston Boyd named Steers Associates as sales agent for Georgia, Alabama and Florida. Steers was founded as a rep agency...
September 04
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2009
9/4/2009 NEWS BRIEFS Bolt Problem Delays Submarine Commission Improperly installed bolts on weapons-handling systems will delay the commission of the U.S.S. New Mexico, the Navy reports. The New Mexico was...
September 04
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2009
9/7/2009 NEWS BRIEFS International Hardware Fair Cologne Includes Fastening & Fixings Section The International Hardware Fair Cologne will be February 28 to March 3, 2010, at Koelnmesse in Germany. Show...
September 03
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2009
9/3/2009 NEWS BRIEFS Grainger Promotes O’Brien and Yin Grainger named Sean O’Brien as president of the company’s Canadian subsidiary, Acklands-Grainger. O’Brien’s new responsibilities include oversight of the Canadian business operations...
