Global Fastener News

NEWS BRIEFS

K-Factor Webinar September 18

August 19
12:45 2020

Sponsored by the Fastener Education Foundation, the 90-minute webinar focuses on fastener finishes and K-Factor determination.

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Earnest Machine Adds Musacchia

August 18
12:59 2020
    Earnest Machine Adds Musacchia

Hiring the 40-year industry veteran expands the company's secondary services.

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Jergens Earns Aerospace Certification

August 12
12:27 2020

AS9100:2016 certification is designated for Jergens Specialty Fastener products and will enable the company to customize and design components offering rigid quality standards and mil-specs, with tight tolerances and high precision.

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OBITUARY: William “Bill” Rendace

August 12
10:53 2020
    OBITUARY: William “Bill” Rendace

He was a fixture at fastener events throughout his close to 50 years in the industry.

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Glebar Updating Service Department

August 11
14:12 2020

Glebar is combining resources and technology with the acquisition earlier this year of electrochemical grinding technology companies Tridex Technology and Everite.

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Chicago Rivet Fastener Sales Halved

August 07
17:17 2020

“In response to the reduced demand for our products, we have taken steps to reduce expenses where practicable, including reductions in staffing and work schedules.”

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Howmet Aerospace Fastener Sales Fall

August 06
11:47 2020

Declines in the commercial aerospace and commercial transportation markets due to the pandemic drive revenue decrease.

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New Brankamp Website Includes Demo Videos

August 06
11:10 2020

Site provides information on benefits and specifications and demonstration videos of Brankamp Machine Monitoring Solutions products.

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NORMA Group Sales Drop 21%

August 05
19:59 2020

Sales declined noticeably in all three regions EMEA (Europe, Middle East and Africa), Americas and Asia-Pacific.

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Bulten Moves & Expands Taiwan Facility

August 04
13:10 2020

Bulten-owned PSM Taiwan will transfer its operations to the new site, approximately 30 minutes from the existing one.

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Pac-West Sponsoring Webinar on USMCA

August 04
13:07 2020

The United States-Mexico-Canada Agreement replaced the North American Free Trade Agreement on July 1.

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TriMas Fastener Sales Drop

August 03
10:32 2020

Q2 Aerospace segment revenue impacted by “significantly lower air travel and reduced commercial and business jet production related to the global pandemic.”

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R&R Engineering Expands Bolt Capacity

August 03
09:48 2020

R&R Engineering added six high speed bent bolt machines for threaded fasteners, bringing their total to 89 special roll threading machines.

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COVID-19 Decimates ITW Fastener Sales

July 31
20:09 2020

ITW reported Automotive OEM revenue, including fasteners, fell 54% to $361 million in the second quarter of 2020.   Automotive OEM operating loss totaled $28 million, while operating margin plummeted to -7.8%.

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Midwest Acquires Hy-Ko Products

July 31
19:29 2020

The combined companies will be led by the DeVries family (Midwest Fastener) and Bass/Kaufman (Hy-Ko).

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Sundstrom Succeeds Thramann at ND Industries

July 31
19:13 2020
    Sundstrom Succeeds Thramann at ND Industries

He succeeds John Thramann, who is retiring after 50 years with ND.

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SWK Fastening Revenue Falls 35%

July 30
18:12 2020

Stanley Black & Decker reported Engineered Fastening organic revenues fell 35% in the second quarter of 2020 “due to lower global automotive light vehicle and general industrial production.”

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Century Fasteners Promotes Harding

July 30
12:40 2020

Harding joined Century in 2003 to create the centralized purchasing division, and became Atlanta branch manager in 2011.

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Brikksen Moves to Larger Headquarters

July 29
17:03 2020

Relocation expands space for inventory and streamlining internal operations.

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Simpson Mfg. Sales Rise In Q2

July 29
15:10 2020

Improved sales in the repair and remodel market from consumer shift toward home renovations related to ongoing shelter-in-place orders.

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