Double digit growth in the aerospace and automotive markets was partially offset by industrial market declines.
NEWS BRIEFS
February 02
18:36
2023
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.
February 02
03:42
2023
“We have progressed well despite the ongoing macroeconomic challenges,” said Arathi Krishna, managing director of the Chennai, India-based fastener manufacturer.
February 02
02:50
2023
This marks the fifth year of partnership between the Fastener Training Institute (FTI) and Würth Industry North America (WINA).
January 30
12:04
2023
The partnership expands both companies’ products, services and geographical footprint. Mid-State Bolt & Nut will now be known as a division of Field.
January 27
15:24
2023
“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.
January 27
14:50
2023
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.
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.
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.
January 26
14:19
2023
Jack Kazmierczak has 20 years of fastener experience, starting as a tapping operator before graduating to a nut former.
January 25
12:28
2023
Longtime regional manager will now manage national accounts for the construction fastener supplier.
January 24
17:10
2023
Jones held many computer jobs, finishing in the fastener software industry first with IST and for the last thirteen and a half years as sales VP at INxSQL.
January 24
12:11
2023
The technical training program is offered in partnership with IFI and is for fastener distributors, manufacturers and end-users.
January 22
22:10
2023
“Adapting to the 2023 Fastener Climate” panelists are: Kelly Lehman, Pacific Warehouse Sales; Ryan McCaffrey, R&D Fasteners; Clay Weaver, Industrial Threaded Products; and Bryan Wheeler, Star Stainless.
January 20
16:47
2023
Amid soft automotive demand, Böllhoff achieved much of its growth from other industries, with aerospace sales more than doubling in 2022.
January 19
11:07
2023
To expand capacity, Boltun plans to build a 1.7 million sq ft factory in the Guiren district of Tainan City, Taiwan.
January 18
11:45
2023
The $23 million plant will manufacture 800 tons of medium-to-short sizes of tapping, drilling and coated screws to supply North American and European customers.
January 17
11:17
2023
Contract with a global automobile manufacturer for sub-assemblies for its electric vehicle (EV) platform.
January 16
19:11
2023
Proferred Global Sales and Product director Scott Gibson will manage U.S. Anchor sales, while Larry Unger becomes Proferred National Drywall Account Manager.
January 16
17:31
2023
The Colorado warehouse will serve OEMs in aerospace, electronic components and other advanced manufacturing industries.
