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Global Fastener News

NEWS BRIEFS

Cohn Awarded Honorary Pac-West Membership

February 10
12:11 2021
    Cohn Awarded Honorary Pac-West Membership

During his 46 years in the fastener industry, Cohn was the 2001-2002 president of the Western Association of Fastener Distributors, a co-founder of the Fastener Education Fund and a board member of the National Fastener Distributors Association.

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Fastenal Fastener Sales Decline Slows

February 09
13:29 2021

Fastenal Co. fastener sales dipped 0.2% during January compared to a 1.3% increase in the opening month of 2020.

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Evans Succeeds Azar at LINC Systems

February 09
11:27 2021
    Evans Succeeds Azar at LINC Systems

Kelly Evans is the former owner and CEO of RV Evans, which was acquired by LINC Systems in early 2020. 

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Howmet Fastener Revenue Declines

February 08
10:11 2021

Fastening Systems' performance hampered by "declines in the commercial aerospace and commercial transportation markets, primarily driven by COVID-19 and Boeing 737 MAX and 787 production declines.” 

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LISI Aerospace Sets Up Smart Aerospace Fastener Facility

February 06
03:31 2021
    LISI Aerospace Sets Up Smart Aerospace Fastener Facility

The pilot production line for high-precision aerospace fasteners will help define the “smart factory” by pioneering the use of machine learning, data analytics, indirect fault detection and other cutting-edge digital technologies.

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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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