Global Fastener News

NEWS BRIEFS

Kim & Simpson Take New Roles At Semblex & Jinhap

March 23
11:15 2021

Semblex Corp. and its parent company, Jinhap Company, Ltd., promoted Semblex president Jinsoo Kim to lead Jinhap’s international business, and Gene Simpson is the new Semblex CEO.

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BBI Promotes 3 To Manage Buying Groups

March 22
11:25 2021

Brighton-Best International promoted three people to handle the added role of managing buying groups.

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Auto Bolt Receives IATF 16949-2016 Cert

March 19
14:07 2021

Auto Bolt applications include automotive components, truck and trailer, military, construction and agricultural equipment.

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NORMA Group Sales Down 12% in 2020

March 18
13:20 2021

“Our business proved to be robust overall in a difficult economic environment in 2020,” stated CEO Michael Schneider.

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WINA Acquires ORR Safety

March 16
11:24 2021

The acquisition of ORR Safety allows Würth Industry North American to “expand our market share in the safety solutions and offer safety solutions in new markets such as rail, auto, and government,” stated WINA CEO Dan Hill.

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Stanley Names Chief Diversity Officer

March 15
10:51 2021
    Stanley Names Chief Diversity Officer

Joe Simms serves as co-chair of the company's African Ancestry Network and contributed to the company's 10 Commitments to Racial Equity and Social Justice.

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2021 STAFDA Convention Moves to Orlando

March 12
13:52 2021

According to STAFDA’s announcement, North Carolina and the city of Charlotte have restrictions related to Covid-19 making it “impossible for STAFDA to plan or move forward with its meeting.”

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Fastener Companies Face Supply Challenges

March 12
01:52 2021
    Fastener Companies Face Supply Challenges

Shipping logistics and other supply chain challenges are dominating the focus of fastener distributors and manufacturers, panelists of a National Fastener Distributor Association presentation stated.

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FDI Rises Amid Inflationary Pressure

March 10
23:27 2021
    FDI Rises Amid Inflationary Pressure

“Inflationary pressures, particularly in steel and freight costs, continue to be felt by many respondents,” according to R.W. Baird analyst David Manthey. “Additionally, supplier lead times remain very extended, leaving some respondents concerned about their ability to meet future demand.”

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Taiwan’s China Steel Hiking Q2 Prices?

March 10
11:37 2021

“Prices for April and the 2nd quarter of 2021 may have left no margin for further decline,” a steel plant director told Fastener World.

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Novaria Expands in Aerospace Fasteners

March 09
11:39 2021
    Novaria Expands in Aerospace Fasteners

Novaria acquired The Young Engineers, which designs and manufactures aerospace fasteners and inserts, as well as other aircraft hardware.

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Kushnir, Morr Lead WIFI for 2021

March 06
12:58 2021

Jen Kushnir is sales manager for DLP Coatings and Jan Morr is regional sales manager at Würth House of Thread, a WINA company

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Morr Joins Würth House of Threads

March 06
12:57 2021

Jan Morr has been in the fastener industry for 11 years and is vice president of Women in the Fastener Industry.  

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Economist Tells NFDA: Now is the Time to Invest

March 04
12:37 2021
    Economist Tells NFDA: Now is the Time to Invest

Expect 2021 to be a year of economic recovery and positive business cycle, Alex Chausovsky of ITR Economics said in a virtual presentation to the National Fastener Distributors Association.

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ABC Names Hogrefe, Yates, Martin & Windle

March 02
11:36 2021

Ohio-based ABC is part of the Altenloh, Brinck & Co. Group of Germany, which was founded in 1823.

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Olander Offers Patching Webinar

March 02
08:14 2021

Olander Company will conduct a webinar on patch products and microspheres and the relationship with thread profiles, clamp loads and vibration.

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NEFCO Marking 40th Anniversary

March 01
11:17 2021

Founded in 1981, Connecticut-based NEFCO has a fastener division and 13 Eastern seaboard locations.

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B&F Fastener Receives Family Business Award

March 01
00:05 2021

Founded in 1988 by Loren O’Brien and the late Steven Johnson in Minneapolis as an industrial and construction supply distributorship, today B&F has 200 employees at 14 locations in Minnesota, Wisconsin, Iowa, Nebraska and the Dakotas.

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Sims Heads Fastening for Martin Inc.

February 25
12:29 2021
    Sims Heads Fastening for Martin Inc.

Sims joined Martin in 2018 as director of operations and became fastening GM in 2019. 

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REMINC, EFC Expand Partnership

February 22
10:50 2021

REMINC’s licensed products include Taptite thread-forming screws for metal applications.

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