John Wolz Kellie Righini is the new customer support specialist for Axiom Software, president Jeffrey Yagoda announced. Righini previously was IT manager/quality manager at Atlantic Components. Axiom develops software for...
NEWS BRIEFS
October 16
00:00
2008
Jason Sandefur Richard Samuel is the new senior director of sales & marketing for Ifastgroupe, president Darren Dalgleish announced. Samuel has 20 years of sales, marketing and distribution executive experience....
October 16
00:00
2008
Jason Sandefur Nucor reported cold finished steel sales, including revenue from Nucor Fasteners, rose 22% to 394,000 tons during the first nine months of 2008. Overall net earnings during the...
October 15
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...
October 13
00:00
2008
Jason Sandefur B/E Aerospace said it expects to report revenue gains of 35% and operating earnings growth of 65% for the third quarter of 2008, “well in excess of consensus...
October 11
00:00
2008
John Wolz Edith Cameron, who worked in the fastener industry for 56 years, marked her 90th birthday October 12, 2008. In 1937 Cameron began a summer job with Anti-Corrosive Metal...
October 10
00:00
2008
B&G Adds Web Quote Feature John Wolz B&G Manufacturing added a “Lightning Quote” website tab: bgmfg.com. Distributor customers can put together and print out their own B&G fastener quote in...
October 09
00:00
2008
Jason Sandefur National Aerospace Fasteners Corp. in Taiwan reported revenue during the first nine months of 2008 grew 13.8% to NT 618.87 million (US$19.1 million). The revenue gain included a...
October 09
00:00
2008
John Wolz The National Fastener Distributors Association endorsed the Chicago 2009 Fastener Training Institute program. The weeklong training program is a version of LAFA’s Certified Fastener Specialist training and is...
October 08
00:00
2008
Jason Sandefur Lower demand for aerospace MRO spares held sales at Alcoa’s Engineered Products segment, including fasteners, to a modest 3.2% gain in sales, during the third quarter of 2008....
October 07
00:00
2008
Jason Sandefur By 2012 standard fasteners will become “the fastest growing product group” as demand for high-integrity aerospace fasteners “levels off” after years of “robust activity” between 2002 and 2007,...
October 06
00:00
2008
John Wolz Precision Castparts Corp. agreed to acquire Seattle-based Fatigue Technology Inc. In 1969, FTI pioneered the cold expansion process, which extends fatigue life in both metal and composite airframe...
October 06
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....
October 06
00:00
2008
John Wolz The 12th annual National Industrial Fastener Show/West is approaching its own booth record, show management announced. Thus far there are 819 booths, compared with the 829 record set...
October 05
00:00
2008
John Wolz The first Fastener Fair Budapest drew 1,012 people visiting 171 exhibiting companies from 26 countries, and the show organizers announced. More than two-thirds (69%) of exhibitors were from...
October 04
00:00
2008
The American Association for Laboratory Accreditation announced the accreditations for fastener testing: Science and Engineering Laboratory, United States Air Force in Hill AFB, UT, was accredited in physical, dimensional, chemical,...
October 03
00:00
2008
Jason Sandefur The U.S. has set preliminary anti-dumping duties on threaded rod imports from China. “Dumping of imports of steel threaded rod in the U.S. market by foreign exporters unfairly...
September 15
00:00
2008
Jason Sandefur The current machinists’ strike at Boeing may not be as beneficial to the aerospace fastener industry as media reports suggest. Patrick Meade of the Industrial Fastener Institute’s aerospace...
September 15
00:00
2008
Jason Sandefur Kelly Sawchik returned to the sales team at Cardinal Fastener & Specialty Co. Sawchik had previously worked in the Cardinal sales department from September 1, 2000, to January...
September 12
00:00
2008
Jason Sandefur Singapore fastener manufacturer Unisteel Technology Ltd. bought the remaining 30% stake in metal finisher Takumi Unitech Pte. Ltd. in Singapore for $7.67 million in cash. The deal increases...
