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Global Fastener News

NEWS BRIEFS

Vimi Fasteners Opens New Facility

May 03
00:00 2004

Jason Sandefur Vimi Fasteners is opening a new 80,000 sq ft distribution facility in conjunction with its sister company Comer. The facility is located in Charlotte, NC. Vimi also promoted...

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Vertex Completes Merger; Integration of 11 Distribution Centers

April 01
00:00 2004

John Wolz Vertex Fasteners CEO David Hirsch announced completion of the merger with West-Spec Partners of Chatsworth, CA, and full integration of its 11 U.S. distribution centers. Vertex added shipping...

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Lepore, Friel Head IFI for 2004-05

March 24
00:00 2004

John Wolz A decade after being chair of the Industrial Fasteners Institute, David Lepore will serve another term. Mike Friel of Haydon Bolts/St. Louis Screw is the new vice chairman.\...

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Ivaco Sales & Profit Dip

March 24
00:00 2004

Jason Sandefur Ivaco Inc. reported sales of fasteners and other fabricated steel products slipped 15.3% to CAD $419.3 million (US$312.7 million) during 2003, while segment operating earnings were a loss...

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CBNSA Changes Name to "Mid-West"

March 24
00:00 2004

CBNSA Changes Name to “Mid-West” John Wolz The Chicago Bolt, Nut & Screw Association changed its name to Mid-West Fastener Association. President Henry Chernow described the name change as “our...

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PennEngineering Revenue Up

March 23
00:00 2004

Jason Sandefur PennEngineering anticipates a strong results during the first quarter of 2004, with revenues expected to reach $58 million to $62 million, representing a 29% to 38% jump in...

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Hart, Doran Lead Southeastern

March 22
00:00 2004

Hart, Doran Lead Southeastern John Wolz Michael Hart of Brighton-Best is the new chair of the Southeastern Fastener Association and Jim Doran of Alcoa Fastening Systems/Recoil is the new president....

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Metal One Sets Up Hungary Fastener Warehouse

March 19
00:00 2004

Jason Sandefur Tokyo-based Metal One Corp. will form an automobile fasteners marketing subsidiary in Hungary on June 1. At a startup cost of about $500,000, NIFAST Hungary Kft. will be...

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Schultz, Preston Take New Positions With Alcoa Fastening

March 09
00:00 2004

John Wolz Chuck Schultz is the new vice president for sales & marketing for Alcoa Fastening Systems commercial products worldwide and Bart Preston is director of planning & performance, AFS...

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Wallen Joins Threaded Rod

March 09
00:00 2004

John Wolz Threaded Rod. Co. Inc. named Harold Wallen director of sales & marketing, CEO Rebecca Branson announced. Wallen has 30 years experience in manufacturing, including engineering and sales &...

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Wire Expo Combines Meetings

March 09
00:00 2004

John Wolz Wire Expo 2004 and the Wire Association International’s 74th annual convention will include the operations manager’s meeting of the American Wire Producers Association. The events will be June...

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NIFS / East Moving to Baltimore for 2005

March 03
00:00 2004

Show management confirmed that the National Industrial Fastener Show/East is moving to Baltimore for 2005. It will be the 25th anniversary of the NIFS/East show. It was held in Columbus,...

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All Spec, Blake to Rep Hill

March 02
00:00 2004

All Spec, Blake to Rep Hill John Wolz Sales vice president Mike Henry announced two new rep agencies for Hill Fastener Corporation . All Spec Sales Inc. will rep Hill...

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Omni Buys Texon Fasteners

March 01
00:00 2004

Jason Sandefur Omni Marketing Inc. acquired the fastener division of North Andover, MA-based Texon USA, Omni president Tim Folmar announced. Terms of the deal were not disclosed. Former Texon product...

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Admission Price Lowered for Orlando Show; Early Bird Discount Ends March 21

March 01
00:00 2004

Admission Price Lowered for Orlando Show; Early Bird Discount Ends March 21 John Wolz Show management reduced admission prices for the 2004 National Industrial Fastener Show/East in addition to earlier...

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T-3 Sells Lone Star, Walker & Ameritech

February 27
00:00 2004

T-3 Sells Lone Star, Walker & Ameritech John Wolz T-3 Energy Services Inc. sold its three Houston fastener manufacturing companies to a new investor partnership named Lone Star Fasteners L.P....

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Heads & Threads Sales Rise

February 26
00:00 2004

Jason Sandefur Heads & Threads International reported fastener sales during the fourth quarter of 2003 rose 8.3% to $27.5 million, while cost of goods sold climbed 27.7% during Q4. For...

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Fastener Prices Jump 30%

February 25
00:00 2004

John Wolz Fastener price increases in the past three months are startling even those who have been calling for higher prices. And suppliers predict prices � which have gone up...

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Zaluckyj Buys Acme Grinding

January 06
00:00 2004

Jason Sandefur Acme Grinding Inc. was purchased by Charles Zaluckyj, owner of Reliable & Accurate Mfg. Co., also in Rockford. Former Acme owner Judy Pike has been prepared to shut...

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WTO: Steel Tariffs Must Be Repealed

November 19
00:00 2003

Jason Sandefur Denying a White House appeal, the World Trade Organization reaffirmed its earlier ruling that U.S. President Bush�s steel tariffs violate global trade rules. The final decision by the...

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