Global Fastener News

NEWS BRIEFS

Earnest Machine Completes NTF Deal

July 01
15:56 2020

The addition of NTF’s product lines strengthens Earnest Machine’s position in existing markets while enabling the company to expand into new markets.

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Valley Forge & Bolt Names Bailey as Chief Metallurgist

July 01
14:57 2020

Bailey will be involved in creating product formulations, purchasing steel, production planning, advising on forging and heat-treating, expanding employee understanding of product functions, and assisting with quality controls.

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NCFA 2020 Distributor Social Cancelled

July 01
14:00 2020

NCFA said the cancellation was due to industry feedback plus the concern of an autumn upswing of COVID-19.

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LindFast Promotes VPs Longen, Simpson & Newman

June 30
19:04 2020

“Collectively, they have a decades long track record in this industry of taking care of customers, driving growth, and optimizing their organizations,” stated CEO Bill Niketas.

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LlSI Group Acquires Termax

June 30
18:04 2020

This transaction, initially planned for the first quarter of 2021, makes LISI the sole owner of Termax.

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Acument Recognizes TORX Manufacturers

June 25
16:18 2020

There are 17 fastener manufacturers and seven drive tool manufacturers from eight countries: China, Germany, Japan, Malaysia, Mexico, Singapore, Spain, Taiwan and the U.S.

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Early Discount for IFE Ends June 30

June 25
15:45 2020

Early bird attendee registration for the 2020 International Fastener Expo is $50 until June 30.

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Johnson, Lumm Head IFI for 2020-2021

June 23
15:54 2020
    Johnson, Lumm Head IFI for 2020-2021

Johnson of Birmingham Fastener Inc. succeeds Manny DeSantis of Valley Fastener Group.

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Century Names Operations Director

June 23
11:17 2020

Century Fasteners Corp. promoted longtime employee James Harding, who has over seventeen years of experience at the company.

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MFDA Adds Tanzman & George to HoF

June 23
09:30 2020

MFDA VP and HoF chair Rob Rundle said “we are thrilled to be adding individuals who in one case was crucial to the growth of the association and its scholarship drive and another who has shown throughout his career what hard work and determination can do in this industry.”

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After Briefly Analyzing Needs, Ken Forging Customers Kept Buying

June 22
11:17 2020

“At the onset, a slight slowing was experienced until companies could get their bearings and analyze their needs and abilities to order,” JoAnn Whetsell said.

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U.S. & Swiss Dip Spin Firms Form Alliance

June 22
09:25 2020
    U.S. & Swiss Dip Spin Firms Form Alliance

Alliance to expand zinc flake coating capabilities through state-of-the-art equipment and processes. 

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IFE Remains September 28-30 in Las Vegas

June 18
15:11 2020

The city of Las Vegas began a staggered reopening June 4, with show host hotel Mandalay Bay scheduled to reopen July 1.

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NFDA Virtual Summit Next Week

June 18
10:46 2020

The summit was developed after the NFDA’s meeting in Minneapolis was cancelled due to COVID-19.

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Shimtech Renamed Avantus Aerospace

June 16
15:08 2020

Aerospace fastener and components manufacturer Shimtech Industries was renamed Avantus Aerospace by owners Inflexion Private Equity and Auctus Industries.

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Annual FIN Stock Issue Published

June 15
13:07 2020
    Annual FIN Stock Issue Published

The annual FIN Review of Fastener Stocks was published today, showcasing how publicly-traded fastener companies have fared in the opening months of the pandemic.

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China & Taiwan Developing Online Trade Show Alternatives

June 11
18:28 2020

Fastener Fair USA surveying trade show participants with questions about viability of virtual options.

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TriMas Establishing EU Fastener Hub

June 11
13:03 2020

“This expansion was driven by TriMas Aerospace’s new business growth in the region with customers like Airbus, Safran and Sonaca and the strategic positioning of parts to service its customer base,” TriMas stated.

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Bulten Establishing Factory in Ohio

June 10
12:05 2020

$4.3 million investment will combine Bulten NA with recently-acquired PSM International in a shared building in Streetsboro, OH, between Bulten’s current plant in Hudson and PSM’s in Youngstown.

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Tax Credits Support Ohio Fastener Jobs

June 09
11:47 2020

“The biggest jobs gain expected from proposals approved at the TCA's monthly meeting is from RMI Titanium, a maker of specialty titanium products for aerospace, industrial and consumer applications that wants to expand in Canton,” writes Dan Shingler for Crain’s Cleveland Business.

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