Jason Sandefur Malaysian stainless steel fastener manufacturer Tong Herr Resources Bhd. is doubling its investment in its Thailand plant to 40 million rgt (US$10.5 million) to spearhead an export thrust...
NEWS BRIEFS
May 24
00:00
2005
John Wolz “If you haven’t made your hotel reservations, please do so immediately,” Midwest Fastener Association executive director Nancy Rich advised Fastener Week 2005 participants. “Both the Hyatt Regency O”Hare...
May 23
00:00
2005
Jason Sandefur The European Commission announced six-month provisional antidumping duties on stainless steel fasteners from China, Taiwan, Indonesia, Thailand and Vietnam. The tariffs, which are effective May 22, 2005, cover...
May 13
00:00
2005
John Wolz Vertex Fasteners opened a new hub warehouse for its metric fasteners in Taunton, MA. The 110,000 sq ft warehouse is triple the size of the recently sold New...
May 12
00:00
2005
John Wolz SRC=”../images/weblogo2.gif” ALIGN=”LEFT”>Editor”s Note: The following column by Phil Matten, editor of Fastener & Fixing Europe, is part of a news column exchange with FIN. After preliminary findings supported...
May 12
00:00
2005
Jason Sandefur SRC=”../images/weblogo2.gif” ALIGN=”LEFT”>Alcoa Fastening Systems is opening a logistics center in Shanghai. AFS Shanghai, located in the Waigaoqiao free trade zone, will focus on OEM and after market sales...
May 12
00:00
2005
Jason Sandefur Fastener sales at TriMas Corp. increased 14.2% to $44.2 million during the first quarter of 2005, boosted by steel hike recoveries from customers. Adjusting for that increase, the...
May 12
00:00
2005
John Wolz The worldwide fastener industry experienced a significant pick-up in deal activity during 2004,\ “which is a very welcome change from the previous two years when deal-making in the...
May 12
00:00
2005
Jason Sandefur Four North American public fastener companies were sold to private investors or decided to de-list their stock in the past 12 months. Insolvent Canadian fastener manufacturer and steelmaker...
May 12
00:00
2005
Jason Sandefur Kaydon Corp. came close to attaining its 2000 revenue performance in 2004, as sales improved 13.5% to $333.8 million. Continued military spending and an improving economy helped Kaydon...
May 12
00:00
2005
Jason Sandefur Following months of industry speculation, PennEngineering & Manufacturing Corp. signed an agreement in January 2005 to be purchased for about $330 million in cash by PEM Holding Co.,...
May 12
00:00
2005
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,...
May 12
00:00
2005
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.\...
May 12
00:00
2005
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...
May 11
00:00
2005
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...
May 04
00:00
2005
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...
May 02
00:00
2005
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...
April 27
00:00
2005
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...
