Bill Niketas succeeds Neil Yeargin, who led the acquisition of Stelfast in 2018 and the sale to Nautic Partners earlier this year.
NEWS BRIEFS
September 05
10:29
2019
Hilco Industrial will conduct a two-day, live onsite and webcast auction on October 16-17 of two complete high-production fastener manufacturing facilities from Acme Companies in Cherry Valley and Wheaton, IL.
September 04
23:09
2019
Brian Hoekstra was Grainger’s mergers & acquisitions senior director.
September 03
17:02
2019
“It is estimated that China will suffer a difficult time in increasing its fastener export again in 2019,” according to Fastener World.
August 28
22:07
2019
Fredrik Bäckström succeeds Jörg Neveling, who will retire on October 31.
August 28
18:22
2019
High speed counting units; weigh scales; vertical & horizontal bagging machines; carton forming & closing; palletizing; material handling, and more …
August 27
18:15
2019
The planned reduction “refers to both white-collar and blue-collar employees, as well as temporary staff.”
August 22
11:19
2019
The sales volume of the companies outside Germany rose by 6.3%, with its Southern European companies posting the highest growth rates at 11.8%. In Germany, Würth sales grew 3.6%.
August 22
10:19
2019
The 2019 Fastener Exhibition & Conference in the UK will be September 11-12, 2019, at the NEC in Birmingham, UK.
August 22
10:07
2019
Barbarotto International Machinery has supplied new and used fastener machinery since 1981.
August 20
21:00
2019
The course purpose is to provide an understanding of cold forging and its design for manufacturing cold formed parts.
August 20
11:15
2019
Matthias Sckuhr, 51, succeeds Mathias Hüttenrauch, who had been CEO since 2012.
August 20
10:27
2019
“Being good stewards of global sustainability is a rising priority not only for our organization, but for our customers around the world,” said Matthew Miller, director of environmental, health & safety for North America.
August 19
14:54
2019
“The quarterly price release strategy does not adequately reflect market changes over time, including the changes in major steelmaking raw material prices and the impact of international macroeconomic developments,” Mysteel.com reports.
August 19
12:12
2019
Digitizing sales is the topic of a National Association of Wholesaler-Distributors program to assist distributors in developing social selling practices.
August 13
17:58
2019
Agresto and Vattis will remain active at Illinois-based Delta “for a period of time, assuring dependable and ongoing customer service that you have come to expect.”
August 13
17:58
2019
On August 13, the Trump administration delayed imposing a 10% import tariff on electronics and other consumer goods, Reuters reports. The administration is still moving forward with 10% tariffs on much of the $300 billion of Chinese imports, including all iron and steel nuts (HTS subheading 7318.16.00) imported from China.
August 09
15:58
2019
SC Fastening has been a part of the Derby’s supply chain since 1999 by packaging fasteners and other hardware kits used to assemble and modify race cars.
August 08
16:01
2019
Ongoing trade disputes and higher steel prices from tariffs cause double-digit declines in sales and profit.
August 06
21:02
2019
Arconic said it remains on track to separate its portfolio businesses by the fourth quarter of 2019, with EP&S (engine components, fastening systems, and engineered structures) and forged aluminum wheels to be named Howmet Aerospace Inc.
