Jason Sandefur Double-digit gains returned to R&B Inc. during 2004, as sales rose 12.3% to $249.5 million and net income increased 28% to $17.1 million. New products, improved category management,...
NEWS BRIEFS
Jason Sandefur SRC=”../images/weblogo2.gif” ALIGN=”LEFT”>Fastener companies reported strong revenue and profit growth in the first quarter of 2005, driven by price increases to recover steel hikes that trimmed margins during 2004.\...
John Wolz SRC=”../images/weblogo2.gif” ALIGN=”LEFT”>Fastener Technology International announced eight technical conferences, which are part of Fastener Week 2005.\ Industrial Fastener & Forming International is the manufacturing-oriented trade show portion of Fastener...
John Wolz Fastener Technology International announced eight technical conferences, which are part of Fastener Week 2005. Industrial Fastener & Forming International is the manufacturing-oriented trade show portion of Fastener Week...
Jason Sandefur Precision Castparts Corp. reported its Fastener Products segment saw sales rise 23.8% to $186.8 million during the fourth quarter of fiscal 2005, while operating income more than doubled...
John Wolz Leland Powell is expanding into manufacturing stainless steel fasteners. Products include machine screws, tapping screws and thread forming screws. In addition to working with carbon steel, Leland Powell...
John Wolz The New England Fastener Distributors Association will hold its 17th annual golf scholarship outing on June 2, 2005, at the Oak Ridge Golf Club in Agawam, MA. The...
Jason Sandefur Mike Zadravec joined Active Screw & Fastener as vice president of sales & marketing, president Simon (Buddy) Blattner announced. Zadravec was director of global distribution for ITT Cannon....
John Wolz The deadline for discount advance registration for the Fastener Week 2005 events is May 6. Fastener Week includes the manufacturing-oriented trade show Industrial Fastener & Forming International, the...
John Wolz Keith Titus is the new Midwest account manager for Aztech Locknut Company, sales & marketing vice president Mark Maddelein announced. Titus has 10 years of fastener sales and...
Jason Sandefur A week after de-listing its common stock, Federal Screw Works announced the April 30, 2005, closure of its fastener manufacturing facility in Chelsea, MI. The closure of the...
John Wolz Production of industrial machinery and aerospace equipment will increase U.S. industrial fastener demand nearly 4% annually to $12.3 billion\, according to the latest edition of Industrial Fasteners, an...
Jason Sandefur Michael Friel is the new chairman of the Industrial Fasteners Institute and Porter McLean is vice chair. Friel is president of Haydon Bolt and St. Louis Screw &...
Jason Sandefur Fastener distributors and manufacturers face the daunting challenge of eliminating hexavalent chromium from all products by July 2007.\ The popular coating, also known as Cr+6, has been the...
John Wolz Precision Castparts Corp. completed its $194 million acquisition of airframe fastener manufacturer Air Industries Corp. AIC will be integrated into PCC’s Fastener Products segment, which includes SPS Technologies....
John Wolz The Industrial Fasteners Institute presented its third Soaring Eagles Award to James Wittersheim of Semblex Corp., John Bickford and IFI director of engineering Charles Wilson the meritorious service...
John Wolz Mark Wilson is now president of Clevenger & Associates Inc. Wilson succeeds his late stepfather, Harley Clevenger, who died in November 2004. Wilson has been in the fastener...
Jason Sandefur National Threaded Fasteners Ltd. added Kathy Shippy to its management team. Kathy will oversee customer development and quality systems. Shippy is a 22-year veteran of the fastener industry,...