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Global Fastener News

NEWS BRIEFS

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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Optimas Solutions Promotes Supply Execs

July 28
21:22 2020

“The expertise and knowledge of Randy and Matt enables Optimas to embrace continuous growth and future innovation,” commented Marc Strandquist, president of the Americas.

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SEFA, SFA & Pac-West 2020 Joint Conference Postponed to 2021

July 27
13:26 2020

The Pacific-West Fastener Association, Southeastern Fastener Association and Southwestern Fastener Association were to meet in San Antonio.

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Grainger Reports 2% Sales Decline in Q2

July 23
14:43 2020

During the second quarter, the company recorded a $109 million pretax loss from the sale of the Fabory business, which it agreed in June to sell to Dutch capital firm Torqx Capital Partners for an undisclosed sum.

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BoltsandNuts.com Expands, Relocates HQ

July 22
11:30 2020

“We have expanded into this 30,000 sq ft facility that will give us more room to better serve our customers,” the company stated.

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Würth ‘Satisfied’ With First-Half Sales

July 21
11:10 2020

“Considering the current backdrop of a global pandemic, were are more than satisfied with this relatively stable development,” stated chairman Robert Friedmann.

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Birmingham Fasteners Is Nucor Master Distributor

July 16
20:03 2020

Partnership enables Birmingham Fastener to provide immediate turnaround of hex cap screws.

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Bossard Reports “Solid Performance”

July 15
08:38 2020

Sales in North America declined 19.5%, while sales in Europe fell 15.1% and sales in Asia slipped 1.6%.

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Fastenal Fastener Sales Continue Decline

July 14
11:48 2020

In April 2020, fastener daily sales fell 22.5%, while in May the rate of decline moderated to a 15.3% decline and in June fell only 11.4%.

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Foley: STAFDA Booths 60% Sold Out

July 10
13:03 2020

Plans for safety include forehead thermometers, STAFDA-logoed face masks and spacing between booths for its 44th annual convention on November 8-10, 2020, in Anaheim.

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Gilchrist Foundation Awards Scholarships

July 08
12:25 2020

Robbie and Gina Gilchrist established the Gilchrist Foundation Fastener Scholarship in 2000 to give back to the fastener industry.

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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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