Founded in 1948, Wrentham has been an affiliate of Phillips Screw Co. since 2004.
NEWS BRIEFS
“The leading indicators for air travel remain encouraging, particularly for domestic travel. We expect revenue growth to continue in the fourth quarter 2021, and carry into 2022 and beyond,” stated CEO John Plant.
Ramco Specialties Inc. added two six-station parts formers with 30mm and 48mm capabilities.
Pawelzig succeeds Jutta Leib, who retired after 30 years – including 20 as managing director.
Established in 1951, ASC Industries is a full-line stocking distributor of aerospace fasteners, fittings, and hardware from its 50,000 sq ft facility in Arlington, TX.
“Strong general industrial growth was offset by market-driven aerospace declines and lower automotive OEM production resulting from the global semiconductor shortage.”
Ramsey, MN-based B&F Fastener Supply acquired Mid States Specialty Sales in Moline, IL, according to Industrial Distribution.
“Our customers are adopting a more cautious stance in regard to their inventory levels given tightening labor and supply chain conditions and the potential impact on the building industry,” stated CEO Karen Colonias.
Clay Weaver of Industrial Threaded Products was elected 2021-22 president of the Pacific-West Fastener Association and Jo Morris of Desert Distribution is vice president.
Facility is Bodycote’s second new site in North America in the past year, following its December 2020 opening of a facility in Elgin, IL.
Century Fasteners Corp. CEO George Stieglitz, 90, died recently.
“The original Hillman Jacksonville distribution center is barely recognizable today after a multi-million-dollar investment to expand the footprint of 92,000 square feet to its current 190,000 square feet,” said Ben Wilcox, senior director of distribution at Hillman.
The seminar, taught by Jim Speck, will cover how to read a print, the different types of prints, understanding what needs to be on prints, understanding tolerances and specifications.
“This will enable us to collaborate directly with our Japanese customers and offer the capabilities they’re looking for in a global fastening solutions partner,” stated PennEngineering CEO Leonard Kiely.
The two-day online business trade, networking and education platform will be November 17-18.
Brett Katsma has a bachelor’s degree in construction management and has been a project engineer for construction firms.
“It was time for a change, a fresh look, and updated representation that reflects the personality of our burgeoning YFP teams,” vice president Mallory Cravens Nichols said.
The seasonally adjusted September Fastener Distributor Index (54.2) moderated from last month’s 55.4, reflecting “reflecting lower sales activity” amid supply chain and labor market difficulties, according to R.W. Baird analyst David Manthey.
“We continue to experience pressure related to material and transportation cost inflation, ”particularly... for fasteners and overseas shipping,” Fastenal stated.
The acquisition of Cline Tool is the 13th acquisition under the current AFC management team and the first since recapitalizing with Bertram Capital Management.