Global Fastener News

NEWS BRIEFS

Fasteners, Inc. Sold To Engineering Firm

February 09
23:02 2023
    Fasteners, Inc. Sold To Engineering Firm

Founded in 1965, Englewood, CO-based Fasteners, Inc. is an industrial distributor for the Huck Fastening System.

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Century Fasteners Hires Sourcing Manager

February 09
22:13 2023
    Century Fasteners Hires Sourcing Manager

Michelle Olson has more than 30 years of sales, sourcing and purchasing experience for such companies as Würth Industry North America and Interstate Threaded Products. 

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Wencor Acquires Aero-Glen International

February 09
03:32 2023

“This acquisition aligns with our product line expansion strategy, providing additional premier authorized distributorships including Howmet, HPF, Lisi, and Monogram,” stated Wencor’s President of Defense, Scott Herndon.

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Simpson Manufacturing Sales Grow

February 09
02:46 2023

Full-year sales increased 34.5% primarily due to product price increases and the acquisition of ETANCO.

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Packer Fastener Changes Leadership

February 07
23:15 2023
    Packer Fastener Changes Leadership

The Packer Fastener family of companies, including Green Bay-based Packer Fastener and Packer Freight and Chicago area-based Albolt Manufacturing, announced promotions of four key executives.

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CarTech Sales Up on Shipment Volume

February 06
18:33 2023

Operating income declined 28% to $22.6 million, while net income fell to $6.2 million.

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Fastenal Fastener Sales Rebound in January

February 06
15:39 2023
    Fastenal Fastener Sales Rebound in January

Fastenal Co. reported fastener sales growth in January nearly doubled December’s growth rate.

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Grainger Reports Strong Sales & Profit

February 03
13:13 2023

“Our strong 2022 performance was driven by the team's focused execution against our long-term strategy in a robust demand market,” stated CEO D.G. Macpherson.

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SEFA Topics: Economy, Cyber Threats and Logistics

February 03
12:14 2023

An economic forecast, cyber threats, logistics and an industry round table are topics for the 2023 Southeastern Fastener Distributors Association spring conference.

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Stanley Fastening Reports Organic Growth

February 02
18:53 2023
    Stanley Fastening Reports Organic Growth

Double digit growth in the aerospace and automotive markets was partially offset by industrial market declines.

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ITW Fastener Segments Report Growth

February 02
18:36 2023
    ITW Fastener Segments Report Growth

ITW reported Automotive OEM revenue, including fasteners, increased 12.3% in the final quarter of 2022, which included organic growth of 19.6%, partially offset by currency translation. 

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Sundram Fasteners Reports Growth

February 02
03:42 2023
    Sundram Fasteners Reports Growth

“We have progressed well despite the ongoing macroeconomic challenges,” said Arathi Krishna, managing director of the Chennai, India-based fastener manufacturer.

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WINA Sponsors Fastener Training for 2023

February 02
02:50 2023

This marks the fifth year of partnership between the Fastener Training Institute (FTI) and Würth Industry North America (WINA).

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Field Merges With Mid-State Bolt & Nut

January 30
12:04 2023
    Field Merges With Mid-State Bolt & Nut

The partnership expands both companies’ products, services and geographical footprint. Mid-State Bolt & Nut will now be known as a division of Field.

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Nucor Steel Products Segment Grows

January 27
15:24 2023
    Nucor Steel Products Segment Grows

“We’re starting to see a number of demand drivers gathering momentum, including the reshoring of manufacturing, large infrastructure investments and grid modernization,” the company stated.

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Hassmann Expands Production in Brazil

January 27
14:50 2023
    Hassmann Expands Production in Brazil

Brazilian manufacturer Hassmann began construction of a new 10,000m facility to expand its production plant, enabling it to produce more high performance industrial fasteners for customers around the world, Fastener + Fixing Magazine reports.

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Rudolph, White Lead NEFDA for 2023

January 26
15:37 2023

Morgan Rudolph of Rick Rudolph Associates is the 2023 president of the New England Fastener Distributors Association and Robert White of SB&W is VP.

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NFDA Seeks Fastener Pro of Year Nominations

January 26
14:40 2023

Fastener Professional of the Year award honors individuals and companies who make exceptional contributions to their companies and to the industry.

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Auto Bolt Co. Promotes Kazmierczak to Plant Manager

January 26
14:19 2023
    Auto Bolt Co. Promotes Kazmierczak to Plant Manager

Jack Kazmierczak has 20 years of fastener experience, starting as a tapping operator before graduating to a nut former.

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International Fasteners Promotes Strein

January 25
12:28 2023
    International Fasteners Promotes Strein

Longtime regional manager will now manage national accounts for the construction fastener supplier.

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