“Building incremental (domestic steel) capacity takes time, working capital, and people, all of which are already in short supply.”
NEWS BRIEFS
March 10
12:22
2025
February fire that gutted 105-year-old fastener factory imperils Boeing commercial production, along with maintenance for Apache Longbow and Blackhawk attack helicopters, Tomahawk missiles, and F-15 fighter jets.
March 07
17:53
2025
Strong customer demand in North America and Europe for RB&W cold-formed fasteners drives revenue and margin gains.
March 06
11:07
2025
February sales jumped to 0.6% growth — the largest positive monthly gain since April 2023.
March 05
16:38
2025
Portland industrial fastener distributor K.L. Jack has grown 25% annually since its founding in 1979.
March 05
15:37
2025
New executive has 25 years of leadership experience in sales and commercial operations within the aerospace and defense sectors across EMEA & APAC.
March 05
12:03
2025
$114.4 million deal for majority stake in Right Tight Fasteners will forge one of the largest fastener manufacturers in India.
March 05
10:50
2025
MEXS Vertriebs GmbH aims to set new standards in modular measurement and testing technology for fasteners.
March 03
14:23
2025
CEO: “We are growing fast in Texas, and the (Foreign Trade Zone) status creates many advantages as the waves of new tariffs wash over us all.”
February 25
17:05
2025
Fastener companies have begun raising prices to offset costs from President Donald Trump’s upcoming 232 tariffs on steel and aluminum.
February 25
16:17
2025
Founded in 2000 by Bob Brynolf and Dan Brynolf, the company manufactures industrial and construction fasteners in a 116,000 sq ft facility in Rockford, IL.
February 25
13:05
2025
Since 2018, new hire has also worked for Optimas Solutions and MSC Industrial.
February 24
10:08
2025
Agreement expands existing contract scope for its Monogram Aerospace Fasteners, Allfast Fastening Systems, and Mac Fasteners businesses.
February 21
15:21
2025
New facilities in Arkansas and Arizona increase Field’s global footprint to 13 sites.
February 20
18:22
2025
Founder/owner Eric Lenz learned the fastener business by working at the firm of his grandfather Joseph Saks, a NY engineer.
February 20
16:54
2025
Leading automotive fastener manufacturer maintains strong confidence in its U.S. market competitiveness despite tariff policies ordered by U.S. President Donald Trump.
February 19
14:13
2025
“This state-of-the-art facility has doubled our storage capacity and is equipped with everything needed to ensure a safe, efficient, and user-friendly environment.”
February 19
13:22
2025
CEO John Plant said the Pittsburgh-based Tier 2 supplier is well positioned to deal with the effects of U.S. tariffs due to strong contracts.
February 17
14:08
2025
Germany-based GMT Aerospace manufactures tie-rods and rubber-metal anti-vibration systems for commercial and military aerospace applications.
February 13
14:57
2025
Double-digit gains driven by continued growth in the commercial aerospace market, including wide body aircraft recovery.
