Adhesives manufacturer Henkel has partnered with energy and sustainability firm Schneider Electric to halve their operation’s CO2 emissions by 2025.
NEWS BRIEFS
Anthony Crawl of Birmingham Fastener is the 2022-23 president of the Southeastern Fastener Association and Stephanie Wood of Fastener Supply is vice president.
“Results in the first quarter reflected steady demand overall, but demand from automotive customers... was constrained by continued pandemic-fueled chip and parts shortages.”
Rodney Holmes, who has 17 years fastener sales experience, will oversee sales of 10 companies nationwide.
NBK manufactures screws and shaft couplings for the semiconductor manufacturing, medical devices, machine tools, food/beverage, optical and automation industries.
“The global supply bottlenecks, combined with massive price increases for raw materials and for energy and transportation, have been further exacerbated by the war in Ukraine and the current lockdowns in China,” stated CEO Christoph Loos.
The European Fastener Distributors Association elected Andreas Bertaggia as its new president.
A general market slowdown, limited material availability for specialty fasteners, lower “panic buying” and Spring Break-related softness weighed on fastener sales growth last month, according to R.W. Baird analyst David Manthey.
All three divisions of the French aerospace fastener manufacturer achieved gains during the opening quarter of 2022.
Aerospace fastener stocking distributor adds Grand Prairie, TX-based Innovative Tooling Services to provide complete fastener solutions.
Founded in 1916, Kentucky-based Auveco supplies automotive fasteners to the body hardware aftermarket as well as general industrial fasteners used in MRO applications in North America.
United Performance Metals opened UPM Additive, an additive manufacturing solutions center at its Ohio headquarters that will provide stainless steel, nickel and titanium build plates.
Optimas OE Solutions includes companies dating back to 1890 and became Optimas in 2015 following 10 acquisitions between 2002 and 2008.
Inflationary cost increases continued in the opening quarter of 2022, led by key raw materials, namely steel wire rod and zinc, as well as freight, labour and utilities, the company noted.
Founded in 2008, Schaumburg, IL-based Axxis supplies fastening tools and fasteners for industrial, packaging and wood-to-wood applications.
Yarborough is involved in many industry organizations, including the Fastener Training Institute and the Southwestern Fastener Association.
Working remotely or hybrid, persuasive conversations and online marketing are topics for 2022 conference sessions of the Specialty Tools & Fasteners Distributors Association convention.
Robust demand and operational efficiency drive strong results despite ongoing inflationary and supply chain challenges.
112 people have been inducted since the then-National Industrial Fastener Show started its Hall of Fame in 1982 in Columbus, OH.
Magnolia, TX-based Champion Sales & Manufacturing makes mechanical joint, push-on and other gaskets for the waterworks industry.