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Global Fastener News

NEWS BRIEFS

‘Learning to Walk Away’ Is SFA Topic

July 21
14:56 2022

The Southwestern Fastener Association meeting will be September 28-30 at the Choctaw Resort & Casino in Durant, OK.

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IFE ‘BYOD’ Nomination Deadline July 30

July 21
14:54 2022

International Fastener Expo will be October 17-19 at the Mandalay Bay Resort in Las Vegas.

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Bossard Germany Names New GM

July 19
12:06 2022
    Bossard Germany Names New GM

Daniel Philippe Stier is the new managing director, succeeding Florian Beer – who is taking a sabbatical. 

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Würth Reports Record Sales & Income

July 14
12:02 2022
    Würth Reports Record Sales & Income

In the first four months of 2022, Würth generated sales growth of 18.8% and operating income gains of 11%.

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Fastenal Fastener Sales Rise 21%

July 13
12:17 2022

Daily sales to manufacturing customers increased 23.1% in Q2, while daily sales to non-residential construction customers rose 10.8%.

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OBITUARY: Ed McIlhon

July 12
15:11 2022
    OBITUARY: Ed McIlhon

Edward James “Ed” McIlhon was a leader in the U.S. Fastener Quality Act legislative process and the 1994-95 president of the National Fastener Distributors Association. He was inducted into the IFE Hall of Fame in 2019.

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Germany’s ETTINGER Acquires TITAN

July 12
10:24 2022

“The sale of the company to ETTINGER is a continuation of a long-lasting and close cooperation between TITAN and ETTINGER.”

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Liter, Simpson Head IFI for 2022-23

July 07
13:19 2022
    Liter, Simpson Head IFI for 2022-23

Founded in 1931, the IFI represents North American fastener manufacturers of mechanical fasteners and formed parts and key suppliers to the industry.

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“Loose Fasteners” Cited in Toyota Recall

July 06
21:59 2022
    “Loose Fasteners” Cited in Toyota Recall

Investigation revealed that the fasteners were being torqued to spec but the corresponding studs were not properly pressed into the axle shaft subassemblies.

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Staffing, Cybersecurity & Company Culture Topics for Pac-West Autumn Conference

July 06
21:02 2022

The conference will be September 14-17 at the Brown Palace Hotel & Spa in downtown Denver.

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OBITUARY: Henry “Hank” Schaffner

July 06
20:16 2022

He was a member of the Los Angeles Fastener Association and the Western Association of Fastener Distributors during his 58 years in the fastener industry.

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Gilchrist Foundation Awards 4 Scholarships for 2022

July 06
20:04 2022

Robbie and Gina Gilchrist established the Gilchrist Foundation Fastener Scholarship in 2000 and have subsequently awarded 76 scholarships.

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AFC Industries Acquires TFC Ltd.

July 01
15:18 2022
    AFC Industries Acquires TFC Ltd.

UK supplier TFC will continue to be led by Morgan Burgoyne and the current TFC management team as the AFC European business unit.

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OBITUARY: Patrick Joseph O’Toole

July 01
03:14 2022

He had been the 1990-91 president of the National Fastener Distributors Association and was inducted into the NIFS Hall of Fame in 2004.

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MSC Industrial Sales Increase

June 30
18:44 2022

“Double-digit sales growth, gross margin execution and productivity all combined to expand adjusted operating margin by 200 basis in the fiscal third quarter with an adjusted incremental margin in the thirties,” stated CFO Kristen Actis-Grande.

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Ruetz, Degnan Head NFDA for 2022-23

June 28
18:50 2022
    Ruetz, Degnan Head NFDA for 2022-23

Nick Ruetz of AIS is the 2022-2023 president of the National Fastener Distributors Association, succeeding Kevin Godin of AFC Industries.

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Fastener Executive Surveying Companies for PhD

June 27
11:08 2022
    Fastener Executive Surveying Companies for PhD

After 40+ years in the fastener industry, Jim Ruetz said a doctorate was on his ‘bucket list.’

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Bertaggia Succeeds Lederer As EFDA President

June 27
10:44 2022

Election of officers was part of the 7th European Fastener Distribution Conference hosted by the EFDA’s Spanish member association, ADEFI.

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Nichols, Beaty Head YFP

June 27
10:24 2022

Mallory Cravens Nichols of Advance Components was elected 2022-2023 president of the Young Fastener Professionals.  Craig Beaty of Beawest Fasteners is vice president.

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NEFCO Acquires Jiffy Fastening

June 23
11:44 2022
    NEFCO Acquires Jiffy Fastening

The deal is NEFCO’s sixth acquisition since 2017.

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