“Sales trends rebounded nicely from weak March trends, which saw a contractionary sales reading,” according to R.W. Baird analyst David Manthey.
NEWS BRIEFS
May 01
11:54
2019
PennAuto has supplied fasteners and precision components globally to the Chassis and Safety Systems division of Continental China since 2009.
April 30
20:12
2019
Segment operating profit rose 25% due to improved production efficiencies and a more favorable product sales mix.
April 29
22:22
2019
The honor recognizes product and service quality and commitment to continuous improvement.
April 29
16:42
2019
Organic fastener segment revenue grew 7%, driven by aero engine and defense growth.
April 29
16:14
2019
During the first three months of 2019, China fastener exports gained 4.5%, with the export value up 12.8%, according to ChinaFastener.Info.
April 28
22:59
2019
Founded in 1979, the NEFDA is currently led by president Michael Lentini of Spirol International Corp. and chair Dan Bielefield of Smith Associates Inc.
April 26
14:01
2019
Revenues, operating income and margin all down in the opening quarter of 2019.
April 25
14:48
2019
“The website showcases a fresh look and improved functionality with an easy to navigate design,” the company stated.
April 25
10:56
2019
The company said automotive light vehicle production declines and lower system shipments more than offset continued fastener penetration gains.
April 24
11:32
2019
“Our plate, bar, and structural mills were strong contributors in the first quarter, and several of our downstream businesses also increased earnings as compared to the year ago period,” said CEO John Ferriola.
April 23
11:32
2019
“While our sales performance was softer than expected, largely due to a weaker demand environment, our SG&A leverage helped drive strong earnings growth in the quarter,” stated CEO DG Macpherson.
April 21
18:44
2019
AZZ Metal Coatings is a global provider of metal coating services, welding solutions, specialty electrical equipment and engineered services.
April 17
21:40
2019
Daily sales of fastener products increased to 13.5% in March, compared to a 12.4% rate of growth in March 2018.
April 17
18:40
2019
The second U.S. version of the global series of trade shows will be May 22-23 at the Cobo Center in Detroit.
April 17
18:36
2019
“We continue to believe stabilization or further moderation in the FDI is likely,” writes R.W. Baird analyst David Manthey.
April 17
11:09
2019
Adams started in the fastener industry in 1988 with a temp agency as a part-time receptionist at Porteous Fastener.
April 17
10:59
2019
Deal includes Sussex Wire, which uses cold-forming and roll-forming techniques to manufacture micro-miniature components, including fasteners, rivets and eyelets, and pins for medical device applications; and Marox Corp., which produces precision machined orthopedic and spinal implants in complex geometries.
April 15
20:17
2019
Hajek started as part-time typist in 1982. Acquired M&M in 2016.
April 11
20:27
2019
Antidumping duties will be assessed at the rate of 170% of the export price of the subject goods imported into Canada.
