4/24/2009 NEWS BRIEFS Fastener Segment Sales Down at Nucor Nucor Corp. reported cold finish steel sales, including fasteners, declined 41% to 80,000 tons during the first quarter of 2009. Overall...
NEWS BRIEFS
4/23/2009 NEWS BRIEFS Anixter Downgraded on Weak Demand Facing ongoing weak demand in its end markets, fastener supplier Anixter International Inc. was downgraded to “neutral” from “outperform,” the Associated Press...
4/23/2009 NEWS BRIEFS Canada Reviews Tariffs on Asian Fasteners The Canadian International Trade Tribunal today initiated an expiry review of 5-year tariffs imposed January 7, 2005, on certain carbon steel...
4/22/2009 NEWS BRIEFS Turkey Increases Antidumping Measures The Turkish government increased antidumping measures on fasteners imported from any country in consignments greater than two tons. Previous measures were brought into...
4/20/2009 NEWS BRIEFS Boeing Approves 3V Fasteners as Delegated Supplier 3V Fasteners Company Inc. has been approved as a Delegation Program supplier for Boeing Commercial Airplanes. The approval allows 3V...
4/20/2009 NEWS BRIEFS Cain Returns to Keynote 33th STAFDA Convention Former Godfather’s Pizza chairman Herman Cain will be the keynote speaker at the Specialty Tools & Fasteners Distributors Association 33rd...
4/19/2009 NEWS BRIEFS An interim report into the failure of nine heavy-duty nuts on the landmark Forth Road Bridge, at Edinburgh, Scotland, has concluded that all 1,888 similar nuts on...
4/18/2009 NEWS BRIEFS Petitioner Withdraws Acument Complaint; Trade Investigation Terminated The Division of Trade Adjustment Assistance has terminated a Trade Act of 1974 investigation involving Acument Global Technologies after the...
4/17/2009 NEWS BRIEFS Brin Opens DarLoc to Distribute Miniature Parts Glen Brin and Darlene Brin opened DarLoc Corporation as a stocking distributor of miniature and clinch self-locking nuts, nylon insert...
4/17/2009 NEWS BRIEFS Automotive Slump Leads Ifastgroupe to Close Ingersoll Fasteners Division To Be Shuttered by End of ’09 Ifastgroupe Inc. announced it will close its Ingersoll Fasteners division in...
4/16/2009 NEWS BRIEFS Bailey & Dean to Rep Rivet & Eyelet The Representative Company is now a manufacturers rep and stocking warehouse for Rivet & Eyelet Technologies LLC., national sales...
4/16/2009 NEWS BRIEFS ITW Promises “Aggressive” Restructuring After Q1 Losses Illinois Tool Works Inc. a “significant” drop in revenue during the first quarter of 2009, with sales declining 24% to...
4/14/2009 NEWS BRIEFS French Fastener Supplier Building Russia Plant A Raymond RUS, a subsidiary of French fastener supplier A Raymond, announced plans to build a $6.7 million fastening element plant...
4/14/2009 NEWS BRIEFS Fastenal Slows Store Openings, Trims Workforce Reacting to an entrenched recession, Fastenal said it has slowed store openings to 2% to 5% annually and limited new hires....
4/14/2009 NEWS BRIEFS Grainger Sales Slow, Jobs Cut Grainger reported first quarter sales dropped 12% to $1.5 billion, while net earnings decreased 16% to $96 million. U.S. sales slumped 10%...
4/14/2009 NEWS BRIEFS DiversityBusiness.com Ranks Jay-Cee Rivet Among Top Small Businesses Jay-Cee Sales & Rivet was named one of the top privately held small businesses in the U.S. in a...
4/13/2009 NEWS BRIEFS Fastener Inventory Catches Up with Dreamliner Test Flight Schedule After months of painful delays, Boeing’s 787 Dreamliner could make its maiden test flight by the end of...
4/15/2009 NEWS BRIEFS Innovative Components Receives ISO Certification Innovative Components Inc. announced certification to ISO 9001:2008. ICI also achieved a 96PPM manufacturing quality level during the first quarter. ICI added...
4/16/2009 NEWS BRIEFS 2009 Wire Russia Projected to Match 2007 Expo Despite Economy Despite the economy Wire Russia 2009 is projecting a similar turnout to its 2007 biennial show. Wire...
4/12/2009 NEWS BRIEFS WAFD, LAFA Set Merger Vote The Unification Task Force announced the Western Association of Fastener Distributors and the Los Angeles Fastener Association will vote in May on...