John Wolz The FIN Fastener Stock Index saw double-digit growth for the second year in a row, gaining 19.9% during 2007, compared with a 6.2% increase by an index of...
NEWS BRIEFS
January 15
00:00
2008
Jason Sandefur Alcoa Inc. reported operating income for its Fastening Systems business jumped 36% during 2007. Consolidated revenue rose to $30.7 billion during the year, while net profit increased 21%...
January 15
00:00
2008
Jason Sandefur The Los Angeles Fastener Association added a new required course on “Understanding the Bolted Joint” to its Certified Fastener Specialist program. The advanced class will demonstrate why tension...
January 15
00:00
2008
Jason Sandefur Joe Greenslade, director of engineering technology for the Industrial Fasteners Institute, will speak at the Western Association of Fastener Distributors spring conference. Greenslade will discuss quality assurance for...
January 15
00:00
2008
John Wolz W�rth Service Supply is marking its 60th anniversary. Founded in 1948 by E.C. Seitz in downtown Indianapolis, Service Supply was acquired from the Seitz family by the K�nzelsau,...
January 14
00:00
2008
John Wolz W�rth Group of Germany acquired U.S. distributor Marine Fasteners Inc. and Danish fastener supplier Arvid Nilsson A/S. The two deals total Euro 130 million (US$193.3m), Fastener & Fixing...
January 08
00:00
2008
John Wolz Trifast PLC named Bill Currie Neil Wilson as a non-executive director to succeed Andrew Cripps. Wilson has been CEO of the engineering and distribution group WYKO Group Ltd....
December 26
00:00
2007
Jason Sandefur Warren Buffet’s Berkshire Hathaway will purchase 60% of the Marmon Group for $4.5 billion, the billionaire investor announced, with the remaining 40% to be acquired through staged acquisitions...
December 13
00:00
2007
Jason Sandefur Rockford Products Corp. asked the bankruptcy court to convert its Chapter 11 case to a Chapter 7 liquidation following the sale of most of its assets, the Associated...
December 04
00:00
2007
John Wolz Vertex Distribution appointed Rick DeAngelis sales manager/diversified markets. DeAngelis has 25 years of new product and business development experience in the industrial and MRO distributor markets. rdeangelis@vertexdistribution.com “Due...
October 31
00:00
2007
John Wolz “If you don’t keep customers happy, there is no reason to be in business,” John Zehnder recalls his father’s advice. That advice became John Zehnder’s goal during the...
October 25
00:00
2007
John Wolz Wire 2008, the International Wire & Cable Trade Fair reports exhibit space by European, Asian and U.S. companies has increased for the March 31-April 4, 2008, show in...
September 06
00:00
2007
Jason Sandefur Nearly half of CAD downloads yield sales, according to a user survey by industrial machine components and assembly hardware supplier J.W. Winco Inc. Winco and Catalog Data Solutions,...
August 27
00:00
2007
John Wolz Victory Bolt & Specialty Inc. is marking its 20th anniversary. Renee Johnson Breazeale, now CEO, left a sales position with Southeastern Bolt & Screw to start Victory in...
August 20
00:00
2007
Jason Sandefur China exports of steel and copper fasteners jumped 33% to 1.24 million tons during the first half of 2007, while the export value rose 45.8% to $1.55 billion,...
August 07
00:00
2007
John Wolz Mack Brooks Publishing Ltd. suspended publication of the electronic issues of Wire Industry magazine. Published in print since 1934, Wire Industry includes news, commentary and technical information for...
July 09
00:00
2007
Jason Sandefur The Western Association of Fastener Distributors will hold its fall conference October 10-13 at the Waterfront Marriott in Seattle. Hotel reservations can be made through a link in...
July 06
00:00
2007
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July 03
00:00
2007
John Wolz Aero-Missile Components Inc. named Dan Young director of sales. Young, previously with Unirex and M&M Aerospace, will be based in Wichita, KS, and also represent sibling company Creative...
