CEO of Jacon Fasteners & Electronics was 81.
NEWS BRIEFS
Founded in 1987, Campbell, CA-based Global Supply manufactures and distributes specialty electronic fasteners, interconnects, hardware, thermally conductive materials, test and measurement equipment.
“We managed to partially offset our increased material and logistics service costs through higher selling prices,” stated CEO Michael Schneider.
The survey is part of his PhD dissertation on impact of leadership passion, and company level “familiness” on family businesses succession or exit strategies.
Overall sales grew 12.5% to $553.3 million, while daily sales totaled $27.7 million, up 28.2% from the previous July.
“The machines target industry needs for the re-shoring of small fasteners and replacement of traditional headers,” the company stated.
Howmet Aerospace’s Fastening Systems segment hired 245 workers in anticipation of future revenue increases, bringing the total headcount added since the fourth quarter 2021 to approximately 380.
Brighton-Best International partnered with Nucor Fastener to become their principle master distributor of domestically manufactured standard fasteners.
Tower Fasteners will continue to operate under its current name with Tower president Mark Shannon continuing to lead the business.
Pat Catapano started in the fastener industry 50 years ago and in 1992 he opened B&B in Hauppauge, NY.
The annual award recognizes employers who have implemented worksite health & wellness programs and shown a commitment to employee health and safety.
We are increasing our 2022 outlook and remain well-positioned to deliver an exceptionally strong year.”
Jim Zupanic has held roles in continuous improvement, supply chain, finance and lean manufacturing for four corporations.
The trade show will be at the Hilton - Hasbrouck Heights/Meadowlands in Hasbrouck, NJ.
“Our industrial fastener business has a healthy backlog, which is up 18% versus last year,” stated CEO Donald Allan.
BBI is a master distributor and importer supplying 7,000 distributors through 32 locations in seven countries.
McCaffrey is VP of the Fastener Training Institute and has been a board member of the Pacific-West Fastener Association.
Sales in North America gained 30.2% to $456.4 million on flat volumes due to price increases to offset rising raw material costs.
Morgan Rudolph of Rick Rudolf Associates is the 2022 president of the New England Fastener Distributors Association.
“We have chosen a world-class executive with exceptional experience and leadership skills,” stated board chair Andrea Ayers.