“The availability of skilled workforce and proximity to Boeing were important factors in our decision to select this strategic location,” said executive VP Francoise Montsarrat.
NEWS BRIEFS
June 17
16:01
2019
Sales of non-fastener products increased 10.8% during the month, compared to a 15% rate of growth in May 2018.
June 14
17:08
2019
“Japan's fastener production and production value grew simultaneously last year and the production value hit (a) record high,” according to ChinaFastenerInfo.net.
June 13
16:18
2019
The Department of Defense and Department of Energy are “looking hard again at the fastener industry due to questions about counterfeit fasteners,” Mowins said.
June 13
16:08
2019
Former VP of Elgin Fastener Group now executive VP of robotic systems integrator.
June 09
23:53
2019
Phillips president Scott Filion names Chris Gallant the new director of innovation.
June 03
17:40
2019
Mexican industries face challenges in today’s global economy, and export manufacturing and the automotive industry are two of the key players that are moving faster to find solutions.
June 03
02:03
2019
Fastener software developer chooses expansion rather than moving to larger office.
May 30
00:17
2019
Bufab’s International segment organic revenue grew 8%, Fastener + Fixing Magazine reports. Growth was particularly strong in central Europe, the UK, northern Europe and southern Europe.
May 29
10:22
2019
Factors in the award include UPM being active in engaging with employees, offering competitive benefits, flexibility and a positive culture.
May 23
21:31
2019
After two consecutive years of double-digit growth, the FIN Fastener Stock Index contracted in 2018, hampered by volatility that dominated the markets, making 2018 the worst year for stocks in a decade.
May 23
12:41
2019
Trifast’s smallest region, the U.S., “continued to perform very strongly with year-on-year growth rates of over 30% - largely driven by market share gains at existing multinational tier 1 and OEM customers in automotive and electronics sectors,” Fastener + Fixing Magazine reports.
May 16
11:27
2019
“This new level of sponsorship will help FTI fund both existing programs and develop the new content needed to grow,” WINA and FTI stated in a joint press release.
May 15
22:13
2019
Level 1 Fasteners, Inc. began in the aerospace community in Southern California. After moving to Huntington, WV, in 1993, Level 1 Fasteners continues to provide products and services for industrial fasteners and related products.
May 14
18:49
2019
By end market, sales to manufacturing customers rose 7.4%, and sales to non-residential construction customers climbed 8.3% in April.
May 14
14:35
2019
Bossard credits the broad diversification of industrial segments it supplies as supporting the Group’s growth stability, Fastener + Fixing Magazine reports.
May 09
11:57
2019
“We have experienced increases in steel prices and other materials over the past year that have negatively impacted our gross margins and remain a concern as further increases are expected.”
May 08
10:13
2019
In 1988 he started working at Construction Tool &Threading Company of Southern California and five years later he purchased the nuts and bolts manufacturer. He sold the company to Industrial Threaded Products in 2019.
May 06
16:16
2019
Prior to the impositions of the tariffs on June 1, 2018, the Missouri-based nail manufacturer had 500 employees, but went to less than 300 because it lost some 60% of business.
May 06
16:11
2019
Fastener Tech will be June 4-5, 2019, at the Stephens Convention Center in Rosemont, IL, near Chicago’s O’Hare International Airport.
