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Global Fastener News

NEWS BRIEFS

ITW Fastener Segments Q4 Sales Rise

February 05
13:29 2021

ITW reported Automotive OEM revenue, including fasteners, increased 10.4% in the final quarter of 2020, while Construction Products revenue rose 11.9%.

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Bulten Opens Taiwan Fastener Facility

February 04
12:53 2021

PSM Taiwan produces machined, smaller dimension fasteners for automotive and non-automotive customers.

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Fabory Group Names New CEO

February 04
12:52 2021
    Fabory Group Names New CEO

Francisco Terol, who replaces Ronald Baarslag, brings general management, sales, strategic marketing and end market experience, according to Fabory.

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FTI Training Week Set for March

February 04
12:09 2021

Fastener Training Week I will be March 22-25 at the Hilton Garden Inn in Woodlands, TX.

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Jay-Cee Now ISO 9001:2015 Certified

February 04
09:55 2021

Jay-see VP Greg Weitzman said “certification verifies the quality of our products and shows our dedication and commitment to our customers.”

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Overholt Promoted at Birmingham Fastener

February 03
11:59 2021
    Overholt Promoted at Birmingham Fastener

Birmingham Fastener named Nick Overholt as Atlantic region branch manager, CEO Brad Tinney announced. 

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AIS Expands in Minnesota

February 03
10:57 2021

The expanded warehouse opens February 15 and accommodates past growth and adds space for expansion.

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Acquisitions Boost SWK Fastening Sales

January 28
17:24 2021

Declining organic fastener revenues were offset by an 11% revenue increase from the $1.5 billion acquisition of Consolidated Aerospace Manufacturing LLC (CAM).

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etaGLOBAL Acquired By AeroMed Group

January 28
16:16 2021

Founded in 1978, Palestine, TX-based etaGLOBAL distributes fasteners, hardware, bearings, seals, tooling and other engineered products to aerospace & defense customers.

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Hillman Group Merging And Going Public

January 25
14:51 2021

In 2013, Hillman acquired Canadian fastener manufacturer H. Paulin & Co. Ltd. for $103.4 million.

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Nylok President Rawlings Joins FTI Board

January 25
13:10 2021

Nylok president Greg Rawlings has held sales, engineering and management positions over 12 years with the company.

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PROFIL Launches New Website

January 25
12:49 2021
    PROFIL Launches New Website

Available in English and German, the new site provides an enhanced user experience that makes it easy to learn about PROFIL products, installation methods and application usage.

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CLASSIFIED: Distributorship For Sale

January 25
11:11 2021

Southern Virginia fastener distributor.

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Bossard Sales Recover in Final Quarter

January 22
17:16 2021

“The recovery we began to observe in the third quarter materialized starting in October, enabling us to close out the fourth quarter in all three market regions with positive growth compared to the previous year,” stated CEO Daniel Bossard. 

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Cologne Hardware Show Postponed to March 2022

January 22
17:15 2021

Show management announced the postponement from February 2021 due to “the dynamic infection rate and current travel restrictions” from the Covid-19 pandemic.

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TR VIC Adds Fastener Machinery

January 21
16:29 2021

The newest Carlo Salvi cold former increases manufacturing capacity of fasteners for the automotive, household and electrical markets in Europe.

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Fastenal Fastener Sales Decline in 2020

January 20
20:10 2021

During December, fastener sales gained 0.5%, compared to a 0.5% decline in the final month of 2019.

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Optimas Solutions Completes IATF Cert

January 14
22:30 2021

“We are one of very few fastener suppliers and manufacturers that have IATF registration, which is well recognized outside of the automotive industry as a premiere level of quality assurance,” stated CEO Marc Strandquist.

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MWFA Offers Virtual Introductory Course

January 13
22:15 2021

Topics include maker of a fastener; fastener materials; stainless & non-serous materials; applications; basic print reading; fastener guide publications; basic finishes; heat treating; part identification; and caliper use.

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Grainger Names New CFO

January 12
11:50 2021
    Grainger Names New CFO

Deidra (Dee) Merriwether, currently senior VP and president of North American Sales and Services, has been named CFO.

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