Voves, 84, Retiring as Metric & Multistandard President John Wolz Joseph Voves will retire as president of Metric & Multistandard Components Corp. at the end of 2005. Voves founded the...
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Jason Sandefur Five U.S. producers of carbon and alloy steel wire rod filed antidumping duty petitions against wire rod imports from China, Germany and Turkey.\ The petitioners allege antidumping margins...
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Jason Sandefur Strong competition and a $662,000 increase in material costs hurt fastener profit for Chicago Rivet & Machine Co. during the third quarter of 2005, despite an 8.5% increase...
Jason Sandefur TriMas Corp. reported fastener revenue remained even at $39.1 million during the third quarter of 2005. TriMas estimated that industrial fastener sales declined 8% excluding the impact of...
Jason Sandefur India-based Sundram Fasteners Ltd. is negotiating with Textron Fastening Systems to buy TFS subsidiary viz. Peiner Umformtechnik GmbH, Peine, Germany (Peiner). Peiner employs 300 workers and manufactures fasteners...
John Wolz Polish fixings specialist Koelner Group signed an agreement with BPB plc subsidiaries Artex-Rawlplug Ltd and Gypsum Industries Ltd of Ireland giving it control of Rawlplug fixings in the...
Sachs Acquires XL Screw; Wishnew New VP John Wolz Bob Sachs has acquired XL Screw Corporation from the Sackheim family and is the new CEO. Sachs, who has been with...
Jason Sandefur Tinnerman Palnut Engineered Products Inc. bought two manufacturing facilities from Textron Fastening Systems for an undisclosed amount, the company announced. The facilities in Logansport, IN, and Flemingsburg, KY,...
John Wolz A fastener e-commerce portal was launched in Italy with the web address of: Fasten.it. Fasten.it provides a listing of fastener manufacturers and sources who advertise and do business...
Jason Sandefur India-based Sundram Fasteners Ltd. reported sales rose 19% to Rs 5.77 billion (US$128.26 million) for the first half of fiscal 2006, according to the Hindu Business Line. Six-month...
John Wolz QEF Global will acquire Just Fasteners of Glasgow, Scotland, CEO Mike Nolan announced. Nolan said an agreement had been reached between QEF and it”s major supply partner, Southco...
John Wolz Michael Wrenn is the new president and CEO of Heads & Threads International LLC.\ He succeeds Greg Brown who chose to retire from the president and CEO roles....
John Wolz Don Costa joined Vegas Fastener Mfg. as outside sales agent, CEO Ed Cebulko announced. Costa has 30 years in the industry and was director of sales at Standard...
Black & Decker Fastener Sales Grow on Auto Strength Jason Sandefur Automotive division growth pushed Black & Decker’s fastener sales up 6% to 159.5 million during the third quarter of...
John Wolz Michael Wrenn is the new president and CEO of Heads & Threads International LLC. He succeeds Greg Brown who chose to retire from the president and CEO roles....
Jason Sandefur Endries International has been sold to Ferguson Enterprises\, Endries president Steve Endries told FIN. Endries now operates as a Ferguson subsidiary. More details about the acquisition will be...
John Wolz Editor”s Note: The following column is presented by Taiwan-based Fastener World magazine as part of a news column exchange with FIN. Following three years of consecutive price hikes,...
John Wolz “When Europe started becoming one market, European distributors realized they had common interests,” the executive secretary of the European Fastener Distri-butor Association explained about the organization now representing...
Jason Sandefur How do you know if your products are RoHS compliant? That was the question on distributors” minds at a recent Los Angeles Fastener Association dinner meeting. RoHS the...