John Wolz Wire China 2006 and concurrent Tube China 2006 exhibitors have reserved 376,000 sq ft of booth space, up 86,100 sq ft from 2004. The September 25-28, 2006, trade...
NEWS BRIEFS
July 10
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2006
John Wolz Dianna Wolfer is the new director of purchasing at Beacon Fasteners & Components Inc. Wolfer has seven years of fastener experience and 10 years in purchasing and will...
July 07
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2006
John Wolz Jaime Vigil is the new president and CEO of Republic Engineered Products Inc. Vigil succeeds Joseph Lapinsky. With steel producer Republic debt free as of earlier this year,...
June 02
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2006
Suzanne Scales The American Association for Laboratory Accreditation (A2LA) recently announced accreditations for testing fasteners: “A Agrati SPA of Milano, Italy, was accredited in physical testing, dimensional testing, metallographic evaluation...
June 02
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2006
John Wolz The former Chicago Bolt, Nut & Screw Association will conduct a meeting in Minneapolis on September 21, 2006. Now known as the Mid-West Fastener Association, the organization has...
June 02
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2006
Jason Sandefur Textron Inc. signed an agreement to sell Textron Fastening Systems to private equity firm Platinum Equity for $630 million in cash plus assumed liabilities.\Cash proceeds after taxes and...
June 02
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2006
Jason Sandefur China exports of steel and copper fasteners rose 14% to 100,997 tons in February, with the value climbing 10.8% to US$119.12 million, Xinhua News Agency reported. Fastener exports...
June 02
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2006
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June 02
00:00
2006
John Wolz Stelfast Inc. promoted Dan Kulik to Cleveland branch manager. Kulik has 20 years fastener experience with importers. Founded in 1972, Stelfast is an ISO/TS 16949 / MBE certified...
June 01
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2006
Jason Sandefur China exports of steel and copper fasteners climbed 29% to 167,949 tons during April 2006, while the value grew 21% to US$191.75 million, Xinhua News Agency reported. During...
May 31
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2006
Jason Sandefur Alcoa”s Engineered Solutions segment, including fasteners, recorded a 9.7% gain in sales to $5.04 billion in 2005, while operating income for the year declined 7% to $196 million...
May 31
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2006
Jason Sandefur “Our goal is to continue to build the Anixter Fasteners name into a world class brand that is recognized by customers and suppliers as being the best,” CEO...
May 31
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2006
Jason Sandefur In 2006 Aviall Inc. signed an agreement to be acquired by The Boeing Co. for $1.7 billion cash plus the assumption of about $350 million in debt. Valued...
May 31
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2006
Jason Sandefur Following “dramatic changes” in 2004, Barnes Distri-bution, including fasteners, continued growing in 2005 with the acquisitions of auto parts supplier Service Plus Distri-butors for $13.7 million in September,...
May 31
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2006
Jason Sandefur B/E Aerospace profit soared in 2005 after two years of heavy losses, with net earnings increasing to $84.6 million compared with a $22 million loss in 2004. Overall...
May 31
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2006
Jason Sandefur Fastener sales growth for Black & Decker slowed in 2005, increasing 7% to $659.7 million after a growth rate of 11% during 2004. But profit was up, with...
May 31
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2006
Jason Sandefur Calling 2005 “one of the more difficult years in the company”s history,” Chicago Rivet & Machine Co. reported fastener profit fell 93.7% to $180,156 despite a 4.5% rise...
May 31
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2006
Jason Sandefur After a strong performance in 2004, Danaher”s Tools & Components segment, including fasteners, reported sales dipped 1% to $1.29 billion in 2005, but operating profit edged up $1...
May 31
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2006
Jason Sandefur Despite rising fuel costs, Fastenal Inc. reported a 27.4% increase in profit to $166.8 million during 2005. Sales rose 23% to $1.52 billion, while operating income improved 29.3%...
May 31
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2006
Jason Sandefur Federal Screw Works trimmed its losses with net sales for the third quarter of fiscal 2006 dropped 7% to $22.08 million. The St. Clair Shores, MI-based fastener maker...
