For 41 years, Dallas, TX-based Techni-Tool has supplied cutting products, service and technical support to the machining, metalworking and industrial industries.
NEWS BRIEFS
October 26
13:00
2020
ITW reported Automotive OEM revenue, including fasteners, declined 4.1% in the third quarter of 2020, with operating margin dropping 130 basis points to 20.8%.
October 22
13:50
2020
Sales excluded revenue from Netherlands-based Fabory, which Grainger sold to a Dutch capital equity firm during the third quarter.
October 20
12:29
2020
Ray Zirkle of the International Fastener Machinery & Suppliers Association cited “great value in the combined shows” for members and buyers.
October 20
11:31
2020
Gerber has 20+ years of experience in industrial and commercial distribution with General Electric, Rexel USA, WESCO and Construction Supply Group.
October 20
08:31
2020
The 2020 scholarships bring Mid-West Fastener Association’s total to $812,000 in scholarships over 34 years.
October 19
13:30
2020
Strandquist started in the fastener industry in 1986 with Rockford Products. He had been with Würth from 2001 to 2019, where he served as executive VP of the Würth Group and CEO of Würth Industry North America. He joined Optimas as President of the Americas in January 2020.
October 15
11:17
2020
Taiwan’s fastener exports recorded four consecutive months of growth, reaching 123,500 tons in August.
October 15
10:17
2020
He succeeds Ricardo Arevalo, who retired earlier this year after 20 years with Simpson.
October 14
12:51
2020
“The daily sales decline of fasteners reflects the continued softness of the manufacturing and construction markets, but is improved on the 16.4% daily sales decline of fasteners experienced in the second quarter of 2020 compared to the second quarter of 2019,” the company stated.
October 14
11:17
2020
The 90,000 sq ft facility in North Carolina was initially Avdel Cherry Textron, followed by Acument Global Technologies and Infastech before becoming Stanley Engineered in 2013.
October 13
14:11
2020
Founded in 2004, Addison, IL-based B2B Industrial Packaging sells fasteners, steel strapping and stretch film.
October 12
10:03
2020
“Scott will direct Proferred’s sales efforts with our building and drywall customers,” BBI stated on Twitter.
October 08
14:33
2020
Threaded bolt manufacturer Rose Holm will invest $1.35 million in the southeastern Virginia facility.
October 07
12:39
2020
American Securities is combining Life Sciences with Rosemont, IL-based MW Industries but will operate and finance the two companies separately.
October 07
11:41
2020
The website labels it the “MWFA Golfdemic Outing” and suggests there have been “too many months of the pandemic.”
October 06
17:49
2020
The domestic Q4 list price for bar and rod increased by TW$750 per ton, Fastener + Fixing Magazine reports.
October 06
12:19
2020
The deal marks the second time in a week that Avantus has acquired an aerospace fastener company.
October 02
13:29
2020
K&L was founded in Waukesha, WI, in 1985 by brothers Dave Knebes and Tom Knebes to distribute riveting products and installation tools.
October 01
14:43
2020
Given the advanced technical nature of the training, it is recommended that participants have at least two years’ experience in fastener sales, purchasing, manufacturing or quality assurance.
