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Global Fastener News

NEWS BRIEFS

Active Screw Names Zadravec

April 25
00:00 2005

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....

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Fastener Week Advance Discount Ends May 6

April 23
00:00 2005

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...

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Aztech Names Titus

April 22
00:00 2005

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...

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Federal Screw to Close Plant

March 30
00:00 2005

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...

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U.S. Fastener Demand to Reach $12.3 Billion by 2009

March 30
00:00 2005

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...

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Friel, McLean Head IFI

March 30
00:00 2005

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 &...

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Hex Chrome Elimination Deadline Approaches

March 30
00:00 2005

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...

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Precision Castparts Acquires Air Industries

March 30
00:00 2005

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....

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IFI Honors Wittersheim, Bickford & Wilson With Soaring Eagles Awards

March 28
00:00 2005

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...

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Wilson New Clevenger President

March 24
00:00 2005

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...

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National Threaded Fasteners Adds Shippy

March 23
00:00 2005

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,...

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Soja to Retire May 27, 2005

March 21
00:00 2005

John Wolz Joe Soja will retire as vice president of Durham Manufacturing Company May 27, 2005, after 35 years with the company. His first job with Durham was as assistant...

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Bossard Profit Doubles

March 17
00:00 2005

Jason Sandefur Strong global demand pushed Bossard Group’s sales up 15% to 497 million Swiss francs (US$429.2 million) in 2004. Full-year profit for the Switzerland-based fastener firm more than doubled...

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TZ Ltd. Buys Designer PDT

March 16
00:00 2005

Jason Sandefur Intelligent fastener producer TZ Ltd. acquired Chicago-based Product Development Technologies for $12 million. PDT has worked with TZ to help develop, engineer and produce a prototype of TZ’s...

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Park-Ohio Fastener Sales Grow

March 15
00:00 2005

Jason Sandefur Cleveland-based Park-Ohio Holdings Corp. reported sales of its manufactured products, including fasteners, jumped 40% to $220.1 million, while gross profit grew to $18.9 million compared with a segment...

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Williams to Speak at NEFDA Dinner Meeting

March 10
00:00 2005

Jason Sandefur Kanebridge Corp. co-founder Bobby Williams will speak at the New England Fastener Distributors Association annual dinner meeting. Williams will speak on the “Essentials of Marketing Success in the...

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Precision Castparts Completes AIC Acquisition

March 09
00:00 2005

Jason Sandefur Precision Castparts Corp. completed its $194 million acquisition of airframe fastener manufacturer Air Industries Corp. The deal includes AIC’s “ultra-modern” 10-acre facility in Garden Grove, where the company’s...

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China Fastener Exports Rise

March 04
00:00 2005

Jason Sandefur China exported 1.14 million tons of steel and copper fasteners in 2004, which represents a 34% increase from the previous year, Xinhua News Agency reports. The export value...

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Canadians React to Tariffs

January 27
00:00 2005

Jason Sandefur Following news that Canada placed 5-year tariffs on certain steel screw imports from Taiwan and China, reaction from Canadian fastener companies was mixed. In a special edition of...

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Canada Sets 5-Year Tariffs on China and Taiwan Fasteners

January 27
00:00 2005

Jason Sandefur The Canadian government announced 5-year tariffs on certain carbon steel and stainless steel fasteners from Taiwan and China.\ The duties were applied after the Canadian International Trade Tribunal...

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