7/23/2009 NEWS BRIEFS Nucor Tallies Fastener Segment Sales Nucor reported cold finished steel products sales, including fasteners, fell 47% to 76,000 tons during the second quarter of 2009. During the...
NEWS BRIEFS
7/23/2009 India Fastener Company Directory Published Research & Markets published its 2009 “Directory of Fasteners Units in India.” R&M estimates the domestic Indian fastener industry is INR 1500 crore (US$31.1b),...
7/22/2009 NEWS BRIEFS Valmont Fastener Sales Slip Valmont Industries reported sales of industrial fasteners and tubular products fell 42% to $17.7 million during the second quarter of 2009, with operating...
7/22/2009 Darling, Speck, Vertullo & Factory Tour Featured at 2009 NIFS/West Jim Speck of Johnson Gage Company, Bruce Darling of Porteous Fastener Company and Carmen Vertullo of SimplyBetter will lead...
7/22/2009 NEWS BRIEFS ITW Transportation Fastener Sales Decline Slows Illinois Tool Works reported sales in its Transportation segment, including automotive fasteners, declined 20% to $502.3 million during the second quarter...
7/23/2009 NEWS BRIEFS Fasteners Added To Correct 787 Wing Supports Working to reinforce repairs to a structural flaw on the 787 Dreamliner, engineers at Boeing are adding fasteners to the...
7/21/2009 Fischer ‘committed to UK’ Newly appointed Fischer UK managing director, Uwe Seeger, has told Fastener+Fixing Magazine that the group remains wholeheartedly committed to the UK market despite recent issues...
7/21/2009 NEWS BRIEFS Fastener Margins Up at Precision Castparts Despite lower sales volume, Precision Castparts Corp. reported Fastener Products operating income rose 1.2% to $114 million, or 32.4% of sales,...
7/20/2009 NEWS BRIEFS Senco Emerges From Chapter 11 Chicago private equity firm Wynnchurch Capital completed its acquisition of Sencorp out of Chapter 11 bankruptcy reorganization, (see FIN 6/1/2009). The sale,...
7/17/2009 NEWS BRIEFS Report: China Taking WTO Action Against EU Screw Tariffs China is filing a complaint with the World Trade Organization over fastener tariffs from the European Union, following...
7/16/2009 10:38:00 AM Spotlight falls on anti dumping circumvention In February the European Union imposed anti dumping tariffs of up to 85% on a wide range of fasteners imported from...
7/16/2009 Amalga Corporation launched a new website at amalgacorp.com, owner Bryant Lind announced. Lind founded the employee recruiting firm in 2006 after more than 20 years working in the fastener...
7/16/2009 NEWS BRIEFS Grainger Reports ‘Pleasing’ Results Grainger reported sales, including fasteners, slipped 13% to $1.53 billion, hit by a 30% reduction in heaving manufacturing orders. Q2 net earnings dropped...
7/14/2009 Würth U.S. 2008 Sales Down 8.8%; South America Up Würth Group sales by its U.S. entities outperformed the general economy, but were down 8.8% to Eur 680 million (US$950.2m)...
7/14/2009 China Predicting 600 Exhibitors at Fastener Trade Show in Guangzhou China Fastener Info is projecting 600 exhibitors and 12,000 visitors at its second Fastener Trade Show. The events will...
7/14/2009 NEWS BRIEFS European Fastener Show Opens Online Registration Attendees at Fastener Fair Stuttgart 2007 Online registration has begun for Fastener Fair Stuttgart attendees. The third Fastener Fair Stuttgart will...
7/13/2009 1:12:00 PM Sunset review of South African AD measures The South African International Trade Administration Commission (ITAC) has issued notice that antidumping duties applied in 2005 to bolts and...
7/13/2009 1:38:00 PM Protests at GFD plant closure In mid June GFD S.p.A. announced to employees that its L’Isle-sur-le-Doubs plant would close by the end of the year. The plant,...
7/13/2009 NEWS BRIEFS Fastenal Sales & Earnings Drop Fastenal sales dropped 21.4% to $474.89 million during the second quarter of 2009, “substantially” weakened by the struggling national economy. Q2 earnings...
7/12/2009 A five-generation fastener family has launched FastenerJobs.com. As of June 29th, the website had 50 resumes posted, 18 registered employers and seven jobs posted. Ken Graham, who started in...