Brea, CA-based CAM, which manufactures aerospace fasteners and other components, was launched by Tinicum in 2012 as a holding company for several manufacturing firms active in aerospace component sector.
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Filion started his career in engineering developing automotive products and processes. He holds 22 patents.
“Softness in industrial demand was broad-based and we continued to see customers and suppliers eliminate shifts and, in some pockets, announce layoffs and restructurings,” stated CEO Erik Gershwind.
The recently acquired 30,000-sq-ft. building next to its manufacturing plant provides Auto Bolt a dedicated packaging and shipping warehouse, the Fabricator reports.
Lexington, KY-based MiddleGround Capital emphasized that “EDSCO is well-positioned to benefit from continued robust spending on infrastructure projects across T&D, telecommunications, transportation, and wind power.”
Southern California-based Ship & Shore is diversifying into particulate removal and odor control equipment and opening more international offices – including China.
“Partnering with Rockford emphasizes our focus on distribution and strengthens our core product offering into that channel,” stated Joe Shoemaker, VP of Business Development for EFG.
Joint conference plus Tabletop show will be March 4-6, 2020.
Jake Davis of BTM Manufacturing is president of the Southwestern Fastener Association for 2020 and Baron Yarborough of Spring Bolt & Nut Mfg. is vice president.
“Increasingly difficult economic conditions” included a slowdown in the industrial sector as well as a “significant” change in the product mix at Tesla with the third model series.
Evitts, of Avante Imports, succeeds Wayne Wishnew of XL Screw Corp.
H&C managing director Mark Hutchinson said that as “an independent, privately run business it has become increasingly difficult for us to maintain the level of investment that is required to develop our ranges and services in the way that we want, and the market demands.”
COO Emmanuel Neildez replaces Jean-Louis Colders, who lead the company since 1996.
For the second consecutive month, 56% of respondents saw sales growth below seasonal expectations, while just 19% characterized sales as above seasonal expectations.
The 12th North Coast Distributor Social will be May 7, 2020.
Two of its manufacturing locations received the 2018 General Motors Supplier Quality Excellence Award for operational excellence and quality control.
After two years in development, NEF gains multiple tools “in virtually every department, which will significantly enhance the NEF customer experience,” president Eric Webster announced.
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.
“We did it! Field is now a $100MM company,” the company stated on Twitter. Field has averaged a 19% growth rate since 1990.
Fiscal year-to-date, page-one keywords are up an average of 50% on hisco.com, and 93% on all-spec.com, compared to the previous year.