New president of the Henkel North America region has global metals and coatings market experience.
NEWS BRIEFS
“This is a testament to our team’s dedication to maintaining only the highest quality standards across all areas of our business.”

The Illinois distributor takes the next step in its transition to a fully digitized Class-C component distribution process.

Fastenal has invested more than $300,000 in equipment and infrastructure in its U.S. distribution centers to efficiently bale and consolidate used PE film for recycling.

Sales, employment and supplier deliveries declined sequentially, while customer inventories improved month-to-month.

Domestic steel consumption is poised to recover amid improving demand from automotive and computer manufacturers, the Kaohsiung-based steelmaker stated.

Founded in 1960, Canton,MA-based Electronic Fasteners Inc. is a stocking distributor that will be renamed Monroe EFI.
The specialty fastener manufacturer relocated from suburban Chicago to a new location in Rockford - the traditional home of the U.S. fastener industry.

Fastener sales had stabilized in June, holding at a 0.6% rate of decline that began in May and ending a 27-month stretch of fastener product revenue growth.
Higher customer demand for its proprietary products and sales from the 2022 acquisition of Charter Automotive drive gains.

He co-founded South Carolina-based Warren Fastenings South with his son, Eric Finkelstein.
“The outlook for Howmet Aerospace continues to be strong and supported by the extraordinary backlog of commercial aircraft orders at Airbus and Boeing,” stated CEO John Plant.

Double-digit sales growth in aerospace and automotive revenues was partially offset by softer industrial markets.
The first EiD is scheduled for March 12-14, 2024, in Nashville.
“We expect stable underlying demand and continued strong margin and profitability performance through the balance of the year.”

General Machinery will operate as a branch of Fastener Supply, with Michelle Hampton continuing as branch manager.
Expansion serves customers in western Wisconsin and southeastern Minnesota.
When a buyer sends a quote request, the RFQ is syndicated to all the registered distributors or direct-selling manufacturers.
During Q2, Grainger announced plans to open a 500,000 sq ft distribution center east of Portland, OR, in 2025.

Over 20,000 standard parts are available for download with direct insert functionality into every major CAD system.