Optimas Solutions credited outgoing CEO Anesa Chaibi with leading “significant change throughout the company and created a strong culture of mutual respect, collaboration and innovation with employees, customers and our supply partners.”
NEWS BRIEFS
October 29
13:13
2019
Sales in North America rose 10.7% due to “increased sales volume and higher average product prices.”
October 27
16:22
2019
MSC Industry Supply Co. reported sales, including fasteners, rose 0.6% to $842.7 million in the fiscal 2019 fourth quarter ended September 1.
October 25
15:04
2019
“While the demand environment continued to moderate across a broad cross section of our portfolio, we delivered another solid quarter with excellent operational execution,” stated CEO E. Scott Santi.
October 24
19:47
2019
Highly respected in the fastener industry, Greenslade began his 45-year fastener career in 1970 working for various fastener manufacturers before founding dimensional measuring devices manufacturer Greenslade and Co. in 1978. He sold the company in 2007 and began working as technical director for the Industrial Fasteners Institute, a position he called his “dream job.”
October 24
14:28
2019
The company said “fastener share gains were offset by inventory reductions and lower production levels within automotive and industrial customers.”
October 23
14:34
2019
”With China now taking the essential steps needed to master its pollution crisis, our technical expertise will be a tremendous help for China in accelerating its ongoing progress."
October 23
11:54
2019
Founded in 1948, Earnest Machine is a global importer, distributor and manufacturer of large diameter and hard-to-find fasteners.
October 22
11:57
2019
Nucor Corp. reported cold finished steel sales, including results from Nucor Fastener, fell 18% to 116,000 tons in the third quarter of 2019.
October 22
11:38
2019
Sherex Fastening Solutions LLC named G.L. Huyett a master distributor of Sherex Blind Rivet Nut Inserts and Rivet Nut Installation tools to “enrich the supply chain of the OEM fastener distribution market.”
October 15
12:33
2019
Award given by the Wisconsin Department of Workforce Development for recruiting and hiring people with disabilities.
October 14
15:52
2019
Weld nuts manufacturer plans to establish plants in Rende and Yongkang districts of Tainan, Taiwan, Fastener World reports.
October 11
15:59
2019
“The general slowing in economic activity that we experienced in the second quarter of 2019 continued in the third quarter of 2019,” the company stated.
October 10
21:50
2019
“The effects of the trade dispute between the USA and China are becoming increasingly tangible in Asia,” the company stated.
October 10
11:21
2019
Kanebridge executive volunteering for Covenant House – which has assisted 4,000 youths into ‘stable housing’ and 1,600 into getting jobs.
October 09
11:29
2019
Responsibilities include the operation of Winsupply’s five distribution centers, central accounting and pricing, vendor incentive program administration, customer care, and regional distribution center purchasing.
October 07
12:10
2019
Würth Industry of North America said the deal “will better serve the needs of Würth Industry’s customers in the recreational marine market, as well as the solar and general manufacturing market.”
October 07
05:43
2019
Fastener prototypes, testing, shape and tightening tolerances are among current uses, Edman told told a 2019 International Fastener Expo conference. 3D printing can be used for custom riveting, inspection and a system for feeding in parts alignment.
October 03
13:32
2019
New group to be led by Monte Salsman, who was previously president of the Winsupply Local Company Group.
October 03
11:58
2019
Since 1919, Boker’s has expanded manufacturing space in Minnesota every eight years.
