John Wolz A generation of Americans grew up not realizing the importance of manufacturing and “the sweet smell of machine oil,” Rep. Don Manzullo lamented in a speech to the...
NEWS BRIEFS
May 31
00:00
2008
John Wolz Mecavit is expanding its production factory from 4,000 to 7,500 sq meters. The expansion is scheduled to be complete by the end of 2008 and allows Mecavit to...
May 30
00:00
2008
Jason Sandefur China exports of steel and copper fasteners rose 22% to 190,000 tons during March, with the value growing 47% to US$279.3 million, Xinhua News Agency reports. During the...
May 29
00:00
2008
Jason Sandefur Precision Castparts Corp. named Shawn Hagel to replace longtime CFO William Larsson, who will retire at the end of 2008. Hagel currently serves as vice president of finance...
May 29
00:00
2008
IFI Releases New “Technology Connection” Michael Reed The Industrial Fastener Institute’s new Technology Connection provides dimensional and performance standards & specifications for inch and metric fasteners; converters for inch/metric and...
May 29
00:00
2008
Jason Sandefur The Industrial Fasteners Institute launched its Technology Connection online technical data service, which went live on May 1. Using pull-down menus to describe fasteners, subscribers can see all...
May 29
00:00
2008
Darling: World Steel Prices Driving Fastener Increases Jason Sandefur Steel in China is up 60.4% from the second quarter a year ago and steel in Taiwan has risen 44%, and...
May 28
00:00
2008
John Wolz Atlantic Fasteners’ four-year-old military/aerospace group sales have risen at a compounded rate of 68% annually for the past three years, division manager Marc Dionne announced. The division has...
May 27
00:00
2008
John Wolz Henrob Ltd. is adding 24,000 sq ft to its Deeside, UK production facility and adding Carlo Salvi heading equipment and Helpro UP process monitors. Up to 43% of...
May 20
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2008
John Wolz Steel in China is up 60.4% from the second quarter a year ago and steel in Taiwan has risen 44% and the cost of fasteners is “primarily related...
May 20
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2008
John Wolz Gregory Wagner is the new general manager for industrial coatings at PPG Industries, William Wulfsohn, senior vice president for coatings announced. Wagner joined PPG in 1979 as a...
May 18
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2008
John Wolz “We had on the corporate chalkboard for some time a question: ‘Could we produce a simplified, less expensive Formax?’” National Machinery LLC CEO Andrew Kalnow explained the new...
May 13
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2008
Jason Sandefur H. Paulin & Co. reported sales rose 1.2% to CAD 34.4 million (US$34.18 million) during the first quarter of 2008, while income before taxes dropped 99% to CAD...
May 13
00:00
2008
John Wolz The MacLean-Fogg Companies board promoted Duncan MacLean from president of the Fastener division to president of MacLean Vehicle Systems. MacLean holds engineering degrees from the Dartmouth College Thayer...
May 13
00:00
2008
John Wolz Nissen Fasteners Inc. launched an online fastener price list at nissenfasteners.com/lists. “Everyone knows that there is a lot of volatility in the current marketplace,” executive vice president Peter...
May 12
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2008
John Wolz A new fastener trade show in Hungary will be the first to focus on Eastern Europe. Fastener Fair Budapest will be September 22-23, 2008. Fastener Fair organizer Jerry...
May 09
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2008
Richard Hagan 2007 was the year of the $100 million + acquisitions in the fastener industry, Richard Hagan commented upon releasing his Top Ten Fastener Deals of 2007. \ The...
May 08
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2008
Jason Sandefur Foreign sales boosted sales and profit growth among publicly-traded fastener companies dealing with a weak U.S. dollar and struggling domestic markets in 2007, according to the upcoming 2007...
May 08
00:00
2008
John Wolz Slater Tools Inc. is expanding its Swiss type adjustment free rotary broaching tool holders for manufacturing small fasteners, orthopedic bone screws and aerospace and medical industries, Peter Bagwell...
