Global Fastener News

NEWS BRIEFS

Panelists: Fastener Production Resumes in China

March 09
00:20 2020
    Panelists: Fastener Production Resumes in China

NFDA & Pac-West add panel to joint meeting to update members on status of imported fasteners from China.

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The Changing Face of Riveting Technology

March 05
21:48 2020
    The Changing Face of Riveting Technology

“When you think of the process broadly as just one of many permanent mechanical fastening methods, you’ll find that the innovation abounds,” Orbitform sales VP Bryan Wright writes.

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Kawasaki Keynoting 2020 STAFDA

March 03
09:43 2020
    Kawasaki Keynoting 2020 STAFDA

Kawasaki speaks about entrepreneurship, venture capital, marketing and business evangelism. 

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Rotor Clip Partners With Electro Hardware

February 28
13:14 2020

Founded in 1993, Florham Park, NJ-based Electro Hardware distributes fasteners, electronic hardware, fasteners and other products.

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TriMas Fastener Sales & Profit Climb

February 27
11:25 2020

During the year, TriMas sold its fastener and sealing Lamons business for $135 million, reducing the company’s exposure to the oil and gas market.

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John Hassall Machinery To Be Auctioned April 16

February 27
08:23 2020

Hassall is a 150-year manufacturer of rivets, pins, commercial and aerospace fasteners, and cold formed parts.

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TriMas Deal Boosts Blue-Chip Base

February 25
10:31 2020

TriMas has agreed to acquire the Rapak brand, including certain bag-in-box product lines and assets from Liqui-Box.

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Huyett Adds Roach & Bello As Sales Managers

February 25
10:03 2020

“With the addition of Andy Roach and Tom Bello, our sales team possesses over 100 years' experience with non-threaded and engineered fasteners,” sales VP Dan Harriger noted.

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EFC Int’l Relocating Chicago Office

February 16
21:26 2020
    EFC Int’l Relocating Chicago Office

EFC International signed a warehouse lease to increase space in a relocation of its Chicago office from approximately 34,000 square feet in nearby Bloomingdale, IL, to a 63,318 sq ft facility in nearby Hanover Park, the Chicago Daily Herald reports.

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Devadass New Smart Machinery CEO

February 10
18:12 2020

Smart of Italy acquired by National Machinery in 2015.

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Parker Fasteners Opens HQ

February 10
11:43 2020
    Parker Fasteners Opens HQ

The company purchased the 50,000 sq ft facility in April 2019 and renovated it to house more than 100 full-time staff.

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Bulten Reports Q4 Sales Gain

February 09
17:11 2020

“Despite continued cautious market, Bulten’s net sales and order bookings developed well during the fourth quarter," stated CEO Anders Nyström.

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Monster Bolts Expanding Product Lines

February 06
10:33 2020

Monster Bolts is a Florida-based global online fastener distributor of U.S. and metric screws, nuts and washers to the chemical, automotive, military, construction, communication, electric and other industries.

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Simpson Mfg. Sales & Profit Grow

February 05
11:43 2020

During 2019, consolidated net sales in North America rose 6.8% to $972.8 million “primarily due to increases in both sales volumes and average unit prices.”

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Fastener Training Institute Lists 22 Sessions for 2020

February 04
10:45 2020
    Fastener Training Institute Lists 22 Sessions for 2020

FTI has a total of 22 training sessions scheduled for 2020, with many of them leading toward the Certified Fastener Specialist designation.

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NEFCO Corp. Opens Orlando Branch

February 03
19:05 2020

The branch is headed by sales manager George Johnson and Rob Reiner.

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CarTech Reports Sales & Profit Gains

February 02
22:16 2020

“We generated double-digit year-over-year revenue growth in the Aerospace and Defense end-use market as our leading solutions, sub-market diversity and participation on practically all major industry platforms continue to drive strong performance,” stated CEO Tony Thene. 

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ITW Fastener Revenue & Profit Declines

January 31
13:56 2020

Overall ITW revenue dropped 3.1% to $3.47 billion, with organic revenue down 1.6% and operating margin at 23.7%.

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Grainger U.S. Sales Rise in 2019

January 29
22:37 2020

“Our sales growth in the U.S. outperformed the market throughout the year, and our share gain accelerated in the fourth quarter, as our growth initiatives began to take hold,” stated CEO DG Macpherson.

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Nucor Cold Finished Steel Sales Drop

January 28
12:03 2020

Fourth-quarter cold finished steel sales, including fasteners, fell 18%, while downstream steel product shipments to outside customers dropped 8%.

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