Global Fastener News

NEWS BRIEFS

Consensus Growing on Wire Rod Prices in Coming Months

March 08
00:00 2009

3/9/2009 NEWS BRIEFS Consensus Growing on Wire Rod Prices in Coming Months Prices for domestic wire rod are holding steady, despite weak demand and mill capacity outages, American Metal Market...

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Ramsdale: Fastener Fair Stuttgart Exhibitor Numbers Heading Up

March 06
00:00 2009

3/6/2009 NEWS BRIEFS Ramsdale: Fastener Fair Stuttgart Exhibitor Numbers Heading Up With exhibitors taking larger booth areas the total floor space for the 2009 Fastener Fair Stuttgart already exceeds 2007...

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Will Importers and Distributors Have to Scrap Fraudulently Marked Cap Screws From Thailand?

February 15
00:00 2009

Jason Sandefur The U.S. Customs & Border Protection Agency investigation of fraudulently marked Grade 5 cap screws could lead to importers and distributors having to scrap the “backbone of the...

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Weiland Joins INxSQL

February 06
00:00 2009

John Wolz Douglas Weiland is the new executive vice president of INxSQL Software, president Bob Reynolds announced. Weiland is the former CEO and co-owner of Lord & Sons Inc. and...

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Zinman: Retroactive Anti-Dumping Duties Chilling to Importers

December 13
00:00 2008

John Wolz The “Importer of Record” could face retroactive antidumping duties on nails, Mona Zinman, co-CEO of PrimeSource Building Products, told the 32nd annual convention of the Specialty Tools &...

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Man Faces 10 Years for Faulty NASA Bolts

November 20
00:00 2008

Jason Sandefur A federal grand jury in Houston indicted a machine-shop owner accused of knowingly providing NASA with defective aluminum fasteners that could have endangered the astronauts aboard the shuttle...

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Wolley New Lone Star CEO

November 06
00:00 2008

John Wolz Charles Wolley is the new president and CEO of the Lone Star Fasteners LP division of LS Precision Manufacturing Inc., vice president of sales Steve Cabral announced. Wolley...

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Lang, Eakins Head MFDA

October 22
00:00 2008

Jason Sandefur Bill Lang of ND Industries is the new president of the Metropolitan Fastener Distributors Association for 2009 and Brian Eakins, ND Industries, is first vice president. Lang succeeds...

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IFI Publishes Updated Standards Book

October 22
00:00 2008

John Wolz The Industrial Fasteners Institute published a supplemental book, IFI Fastener Standards & Technical Bulletins. The spiral-bound edition is a compilation of 31 IFI standards and 16 technical bulletins...

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Darling at WAFD: Steel Up Again for 4th Quarter

October 22
00:00 2008

John Wolz After a 20% third quarter hike, steel prices in Taiwan are up another 4% for the final quarter of 2008, Bruce Darling told the Western Association of Fastener...

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PCC Fastener Sales Grow Nearly 14%

October 22
00:00 2008

Jason Sandefur Precision Castparts reported Fastener Products sales increased 13.8% to $426.4 million in the second quarter of fiscal 2009, while operating income from fasteners climbed 31.4% to $119.6 million....

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China Becomes Second Largest Market as Fastener Demand Aims for $66 Billion

October 22
00:00 2008

Jason Sandefur China will surpass Japan in 2008 to become the second largest fastener market in the world, after the U.S., according to a new report by the Freedonia Group....

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Darling at WAFD: Steel Up Again for 4th Quarter

October 22
00:00 2008

...

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Lang, Eakins Head MFDA

October 22
00:00 2008

...

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Boeing Strike Hurts Aerospace Fastener Makers

October 22
00:00 2008

Jason Sandefur The machinists’ strike at Boeing is putting a “tremendous strain” on aerospace fastener manufacturers by prompting OEMs to cut supply orders, stated Wesco Aircraft Hardware Corp. vice president...

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Greenslade: Lead Customers Through Questions

October 22
00:00 2008

John Wolz A customer who just asks for screws could be creating a problem for the fastener industry. “Lead them through a series of questions,” Joe Greenslade urged National Fastener...

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Valmont Fastener Sales Rise

October 21
00:00 2008

Jason Sandefur Valmont Industries reported sales of industrial fasteners and tubular products grew 14% to $33.56 million during the third quarter of 2008, with operating income from the segment increasing...

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Honeywell Profits $600m from Consumable Solutions Sale

October 20
00:00 2008

Jason Sandefur Honeywell announced sales during the third quarter of 2008, including aerospace fasteners, climbed 6% to $9.3 billion during the third quarter of 2008. During Q3 Honeywell completed the...

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Peters: Fastener Industry Slated For Steady Growth

October 19
00:00 2008

Jason Sandefur Freedonia financial analyst Dean Peters told FastenerNews.com he’s sticking to his forecast of 4.8% annual growth for the global fastener industry through 2012, despite the global financial crisis....

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China Fastener Exports Rise in August

October 18
00:00 2008

Jason Sandefur China exports of steel and copper fasteners increased 3.8% to 250,000 tons in August, with the value growing 48% to US$454.9 million, Xinhua News Agency reports. Overall fastener...

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