Jason Sandefur Textron Inc. decided to sell its fastener division, Textron Fastening Systems, plagued by mounting losses from a slumping domestic auto industry. During 2005 TFS closed its new $35...
NEWS BRIEFS
May 31
00:00
2006
Jason Sandefur W.W. Grainger Inc. significantly expanded its fastener offerings in 2005, undertaking what Purchasing magazine described as the biggest product expansion in its 78-year history by adding more than...
May 31
00:00
2006
Jason Sandefur R&B Inc. is changing its name to Dorman Products Inc. “The change from R&B, Inc. to Dorman Products, Inc. will present a sharper image of the company and...
May 26
00:00
2006
Jason Sandefur Wire Expo 2006 attendance edged up to 2,407 at the 76th annual Wire Association International convention in Boston during May. The last Wire Expo held two years ago...
May 11
00:00
2006
John Wolz Fastener manufacturers and distributors may think RoHS is a European issue now, but lot traceability on compliant fasteners may be important soon in North America.\ If the state...
May 11
00:00
2006
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. Rising petroleum prices have increased the price...
May 08
00:00
2006
John Wolz Communicate with suppliers, panelists on the “How to Buy Fasteners session at the Southwestern Fastener Expo advised new purchasing staff. “Know your suppliers,” Steve Cabral of Lone Star...
April 13
00:00
2006
John Wolz The American Wire Producers Association marked its 25th anniversary with four past presidents Larry Selhorst, John Mueller, Charlie Salanski, Pete Cronin and a representative for a fifth, H....
March 08
00:00
2006
Jason Sandefur Zimbabwe-based Zimplow Ltd. acquired CT Bolts Ltd. for about 168 billion Zimbabwe dollars (US$1.7 million), the publication All Africa reported. CT is a fastener distributor that also manufactures...
March 01
00:00
2006
John Wolz J.W. Winco Inc. added online shopping with an updated website. Users at jwwinco.com may now check pricing of 18,000 parts and purchase 24/7. The new website provides 3D...
January 23
00:00
2006
John Wolz Mike Zeleny joined Mid-State Bolt & Nut Co. Inc. as director of purchasing, president Brad Wilson announced. Zeleny has both manufacturing and distribution experience and has held purchasing...
December 16
00:00
2005
John Wolz Barnes Group Inc. promoted Idelle Wolf to president of Barnes Distribution, succeeding retiring Keith Drewett. Wolf remains a vice president of Barnes Group. Barnes Group CEO Edmund Carpenter...
November 30
00:00
2005
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...
November 17
00:00
2005
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...
November 17
00:00
2005
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November 14
00:00
2005
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...
November 14
00:00
2005
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...
November 10
00:00
2005
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...
November 09
00:00
2005
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...
November 09
00:00
2005
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...
