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Global Fastener News

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DB Roberts Names Hernandez Field Sales Manager

June 01
12:43 2023
    DB Roberts Names Hernandez Field Sales Manager

Hernandez joins DB Roberts with over 18 years of industry experience, including a combination of sales and distributor business management roles.

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Century Fasteners Hires Botticelli

May 31
00:00 2023

Botticelli joins Century with over 30 years of executive leadership, business and sales development, and supply chain management experience in the aerospace, defense, industrial and commercial industries.

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Special Rivets Corp. Opens Thailand Plant

May 25
19:42 2023

SRC aims for a monthly capacity of 100 million rivets for the Thailand plant, and planning to increase to 300 million pieces of rivets in the future.

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OBITUARY: Marc Somers

May 25
16:44 2023
    OBITUARY: Marc Somers

He was the youngest of three brothers who owned Mid-States Bolt and Screw Co. in Michigan.

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Italian Coatings Firm Takes Control of Curtis Metal

May 23
12:58 2023
    Italian Coatings Firm Takes Control of Curtis Metal

Milan-based Primat will leverage its proprietary line-automating technology at Curtis to become a high-quality, low-cost supplier to automotive customers.

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Agrati CEO Elected EIFI President

May 22
15:43 2023
    Agrati CEO Elected EIFI President

It’s the first time a representative from the Italian fastener sector has led the European Industrial Fasteners Institute.

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DB Roberts Hires Senior VP

May 18
14:18 2023
    DB Roberts Hires Senior VP

David Peterson brings over 20 years of distribution experience and 12 years of fastener experience to DB Roberts, including years in the custom engineered and OEM fastener market.

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Nedschroef Machinery Selects India Distributor

May 18
13:46 2023

Nedschroef Machinery announced Kriti Tools as its distributor for machine sales and services in India due to its broad experience in the metal forming industry, Fastener + Fixing Magazine reports.

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FDI Headwinds Continue in April

May 17
16:48 2023
    FDI Headwinds Continue in April

“Slowing” was a consistent refrain in distributor responses as a normalizing supply chain brought lower pricing and margin pressure.

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Nedschroef Machinery Plans China JV

May 16
15:27 2023
    Nedschroef Machinery Plans China JV

Nedschroef expects that sales and services outside Europe will exceed 65% of the total sales by 2030, prompting the Belgian company to pursue the East Asia market.

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NORMA Group Sees Double-Digit Growth

May 15
22:43 2023
    NORMA Group Sees Double-Digit Growth

NORMA also named Guido Grandi as CEO, replacing acting interim CEO Miguel Ángel López Borrego.

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Packer Fastener Celebrates 25 Years

May 10
13:44 2023
    Packer Fastener Celebrates 25 Years

Packer Fastener is marking the 25th anniversary of its founding in Wisconsin. The Green Bay-based threaded fastener and industrial supply distributor was founded on May 4, 1998, when “three fastener...

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Chicago Rivet Q1 Sales Decline

May 10
12:15 2023

Automotive customer demand was “relatively steady... (while) there was continued softening in demand from non-automotive customers amid an uncertain economic future.”

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Hillman Solutions Q1 Sales Decline

May 10
10:11 2023

“Severe weather conditions in certain parts of the West impacted a portion of volume.”

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Fastenal Fastener Sales Continue to Slow

May 09
12:24 2023
    Fastenal Fastener Sales Continue to Slow

Fastener sales growth was approximately halved in April despite 21% growth in sales to manufacturing customers.

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Park-Ohio Reports ‘Strong’ Q1 Results

May 05
20:15 2023

Park-Ohio Holdings Corp. reported sales in its fastener manufacturing business grew in the opening quarter of 2023, driven by higher customer demand for its proprietary products.

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SPAX/TRUFAST Manufacturer Names VPs

May 04
15:53 2023
    SPAX/TRUFAST Manufacturer Names VPs

Altenloh, Brinck & Co. US has named two experienced individuals to newly-created VP roles.

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Stanley Engineered Fastening Reports Organic Growth

May 04
12:40 2023
    Stanley Engineered Fastening Reports Organic Growth

Double digit growth in aerospace and high-single digit growth in automotive partially offset by softer industrial markets.

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AFC Acquires UK-based EAP International

May 03
12:34 2023
    AFC Acquires UK-based EAP International

Manchester-based EAP will be combined with AFC’s European business, TFC, to strengthen its position as a technical engineering products provider.

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ITW Fastener Sales Increase on Organic Growth

May 02
16:16 2023

Automotive OEM revenue, including fasteners, improved in the opening quarter of 2023, with operating income of $128 million and operating margin of 16.1%.

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