Global Fastener News

NEWS BRIEFS

FTI Publisher Acquires American Fastener Journal

March 20
01:25 2023
    FTI Publisher Acquires American Fastener Journal

Chip Lippincott and Initial Publications, which publishes Fastener Technology International, purchased American Fastener Journal on March 1.

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Tramec Sloan Completes $1.7m Expansion

March 16
03:31 2023
    Tramec Sloan Completes $1.7m Expansion

New automation equipment from Italy replaces World War II-era machinery and allows the company to retain its current 107 employees.

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February FDI Achieves Growth Mode

March 14
15:58 2023
    February FDI Achieves Growth Mode

The seasonally adjusted Fastener Distributor Index registered its first expansionary reading since November, improving to 51.6 in February. Participant commentary grew more optimistic, with some respondents seeing “some positive signs.”

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IFI Honors Hill, Hogue & Lessnau

March 13
15:41 2023

The Industrial Fasteners Institute honored its longtime industrial products division manager, board member and former chairman among others.

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BBI Names Chicago Branch Manager

March 13
14:34 2023
    BBI Names Chicago Branch Manager

Pawloski has been with the organization for ten years.

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LoneStar Group Acquired By London Equity Firm

March 13
04:15 2023
    LoneStar Group Acquired By London Equity Firm

UK-based LoneStar supplies high performance fasteners to major OEMs, distributors and end-users in 100 countries.

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Fastenal Names New Executive VP of HR

March 09
12:12 2023
    Fastenal Names New Executive VP of HR

Noelle Oas is in her eighth year with Fastenal, having previously served as director of compliance.

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GOEBEL Fasteners Investing in German Facility

March 09
02:44 2023
    GOEBEL Fasteners Investing in German Facility

On a production area of 40,900 sq ft, GOEBEL will produce 20.8 million blind rivets per month with more than 70 specialized production machines.

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V&S Galvanizing Acquires PA-based Korns

March 08
12:02 2023

The deal allows V&S to expand both its capacity and capabilities in the region.

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Fastening 101 Offered at FastenerFair USA

March 08
12:00 2023

The Fastener Training Institute will conduct a pre-show training class in conjunction with the 2023 Fastener Fair USA.

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Optimas Solutions Releases Sustainability Report

March 07
22:31 2023
    Optimas Solutions Releases Sustainability Report

“Our manufacturing plant locations in the United States and the United Kingdom enable many of our customers to effectively on-shore part of their fastener supply chains and buy in-country for production continuity, which also can significantly reduce shipping-related carbon impacts,” stated co-CEOs Daniel Harms and Mike Tuffy.

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NEFCO Opens Raleigh-Durham Branch

March 07
15:46 2023

New 18,000 sq ft Raleigh-Durham location on Alston Avenue will provide customers with access to local inventories and enhanced value-added services.

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Hillman Solutions Group Moves Into New HQ

March 07
11:49 2023
    Hillman Solutions Group Moves Into New HQ

Hillman Solutions Corp. has moved to its new headquarters in Cincinnati to accommodate for growth and new operations, the Cincinnati Business Courier reports.

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Desert Distribution and Incentive Sales Merge

March 07
11:20 2023

Merged rep agencies will use the name Desert Distribution Sales and cover California, Arizona, New Mexico, Nevada, Colorado and Utah.

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Martin Inc. Names Cozine as Fastening VP

March 07
10:27 2023

Kevin Cozine most recently served as Optimas Solutions' director of operational excellence.

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Fastenal Fastener Sales Growth Slows

March 06
12:28 2023

Fastenal Co. reported fastener sales increased in February at a slower rate than the previous month.

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Brighton-Best Hires Mill & Anchor Sales Mgr.

March 06
06:06 2023
    Brighton-Best Hires Mill & Anchor Sales Mgr.

Prior to joining BBI, King worked for Fastenal Co. for ten years.

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Tree Island Steel Sales Rise On Price Gains

March 03
15:46 2023
    Tree Island Steel Sales Rise On Price Gains

Increase due to pricing increases across all market segments despite lower volumes shipped in agricultural, industrial and residential construction markets as customers realigned inventories.

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Delta Secondary Moving to Bloomingdale

March 03
15:22 2023

The new location will “create new opportunities for growth and expansion.”

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EFC Int’l Acquires Inventory Sales Co.

March 02
12:08 2023

St. Louis-based ISC distributes fasteners, components and struts/accessories to industrial and infrastructure markets.

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