The 2020 scholarships bring Mid-West Fastener Association’s total to $812,000 in scholarships over 34 years.
NEWS BRIEFS
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.
Taiwan’s fastener exports recorded four consecutive months of growth, reaching 123,500 tons in August.
He succeeds Ricardo Arevalo, who retired earlier this year after 20 years with Simpson.
“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.
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.
Founded in 2004, Addison, IL-based B2B Industrial Packaging sells fasteners, steel strapping and stretch film.
“Scott will direct Proferred’s sales efforts with our building and drywall customers,” BBI stated on Twitter.
Threaded bolt manufacturer Rose Holm will invest $1.35 million in the southeastern Virginia facility.
American Securities is combining Life Sciences with Rosemont, IL-based MW Industries but will operate and finance the two companies separately.
The website labels it the “MWFA Golfdemic Outing” and suggests there have been “too many months of the pandemic.”
The domestic Q4 list price for bar and rod increased by TW$750 per ton, Fastener + Fixing Magazine reports.
The deal marks the second time in a week that Avantus has acquired an aerospace fastener company.
K&L was founded in Waukesha, WI, in 1985 by brothers Dave Knebes and Tom Knebes to distribute riveting products and installation tools.
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.
New Fastener Innovation Technology Corporation owner Avantus Aerospace acquired Fastener Technology Corporation in December 2019.
Distribution giant Winsupply Inc. broke ground on the future home of the Richard W. Schwartz Center for Innovation in Moraine, OH.
Chris Carlson will be based in Wheeling, IL.
Howmet Aerospace is set to lay off a total of 265 employees by November as less air traffic lowers sales, WSBT reports.
Rebranding follows several recent acquisitions, investment in technology, and an expanded products and services offering.