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...
NEWS BRIEFS
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...
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...
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...
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 &...
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...
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...
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...
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...
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...
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....
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....
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...
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...
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...
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...
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....
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...