As a panelist in a 2020 International Fastener Expo virtual session on fastener manufacturing, Charlie Kerr of Kerr Lakeside noted that while a small robot may cost $12,000 today, robots can work 24/7, don’t show up late for work and don’t call in sick.
NEWS BRIEFS
November 12
14:10
2020
The Women in the Fastener Industry association named Rosa Hearn of Brighton-Best International Inc. as its “Woman of the Year” for 2020. The award recognizes exemplary leadership and success in the fastener industry.
November 12
12:39
2020
After declining 31.6 points from July to August, the seasonally adjusted sales index increased 4.3 percentage points to 65.1 in October.
November 12
11:40
2020
“As we approach our 75th year in business, the timing felt right to revamp our brand, put a new spin on our classic logo, and launch a new website,” stated president Scott Livingston.
November 12
11:01
2020
Marking its 60th anniversary in 2020, DIFCO provides electroplating and metal finishing in the southeastern U.S.
November 11
12:59
2020
Brett Wilson has 17 years of industry experience and joined the company from Milwaukee Tool.
November 09
13:54
2020
Lower sales “due to declines in the commercial aerospace and commercial transportation markets, primarily driven by COVID-19 and 737 MAX production declines.”
November 09
12:00
2020
Neuberger has been president of another O’Neal Industries company, G&L Tube, for three years.
November 05
12:52
2020
Production of aerospace and defense fasteners and components is a bid to insulate the company from the cyclical automotive market.
November 05
12:07
2020
The Southeastern Fastener Association did not hold a conference in 2020 due to Covid-19.
November 04
14:32
2020
CEO Anders Nystrom cited Akerblad’s “broad experience both in leading financial organizations in the global industry and in strategic change work” as making her a “key person in the continued development of Bulten.”
November 03
14:25
2020
Tenn-Tex’s products complement Marmon’s portfolio of construction fastener companies, including Pan American Screw / Deerwood Fasteners and Atlas Bolt & Screw.
October 30
00:06
2020
Revenue drop due to the impact of lower air travel and reduced commercial and business jet production as a result of the pandemic.
October 29
13:58
2020
National sales manager Kameron Dorsey said Beacon’s goal “was to create a more user-friendly design across all devices so our customers could quickly access product and order information.”
October 29
13:56
2020
Atlanta is All Integrated Solutions’ ninth distribution center, joining locations in Wisconsin, Minnesota, North Dakota, Iowa, Michigan, Indiana and Mexico.
October 27
13:17
2020
For 41 years, Dallas, TX-based Techni-Tool has supplied cutting products, service and technical support to the machining, metalworking and industrial industries.
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.
