ITW reported Automotive OEM revenue, including fasteners, increased 10.4% in the final quarter of 2020, while Construction Products revenue rose 11.9%.
NEWS BRIEFS
PSM Taiwan produces machined, smaller dimension fasteners for automotive and non-automotive customers.

Francisco Terol, who replaces Ronald Baarslag, brings general management, sales, strategic marketing and end market experience, according to Fabory.
Fastener Training Week I will be March 22-25 at the Hilton Garden Inn in Woodlands, TX.
Jay-see VP Greg Weitzman said “certification verifies the quality of our products and shows our dedication and commitment to our customers.”

Birmingham Fastener named Nick Overholt as Atlantic region branch manager, CEO Brad Tinney announced.
The expanded warehouse opens February 15 and accommodates past growth and adds space for expansion.
Declining organic fastener revenues were offset by an 11% revenue increase from the $1.5 billion acquisition of Consolidated Aerospace Manufacturing LLC (CAM).
Founded in 1978, Palestine, TX-based etaGLOBAL distributes fasteners, hardware, bearings, seals, tooling and other engineered products to aerospace & defense customers.
In 2013, Hillman acquired Canadian fastener manufacturer H. Paulin & Co. Ltd. for $103.4 million.
Nylok president Greg Rawlings has held sales, engineering and management positions over 12 years with the company.

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.
Southern Virginia fastener distributor.
“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.
Show management announced the postponement from February 2021 due to “the dynamic infection rate and current travel restrictions” from the Covid-19 pandemic.
The newest Carlo Salvi cold former increases manufacturing capacity of fasteners for the automotive, household and electrical markets in Europe.
During December, fastener sales gained 0.5%, compared to a 0.5% decline in the final month of 2019.
“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.
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.

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