Digitizing sales is the topic of a National Association of Wholesaler-Distributors program to assist distributors in developing social selling practices.
NEWS BRIEFS
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.
August 05
14:58
2019
1Shot Steel Stud Anchors announced partnerships with Pacific Warehouse Sales, R.L. English Co., Smith Associates Group, and Atlas Industry Marketing.
August 02
15:56
2019
“Our Q2 financial results were in part impacted by Section 232 steel tariffs and overall weaker demand in our end markets,” stated CEO Dale MacLean.
August 01
11:55
2019
Mathias Hüttenrauch will leave by September 1 “to explore his new career development.”
July 31
16:44
2019
“Steady demand levels for fastener products and improved production throughput” drive gains in sales and profit.
July 31
16:44
2019
GlobalFastenerNews.com has reported on more than 15 acquisitions in recent months. With the U.S. economy still growing, more are sure to follow before the year is over.
July 30
18:46
2019
Fairmont Supply acquired Utah-based fastener distributor THB in 2018.
July 28
22:32
2019
“In the second quarter, we experienced a deceleration in demand across our portfolio relative to the demand levels we were seeing exiting the first quarter,” stated CEO E. Scott Santi.
July 25
18:08
2019
The average price improved 0.32% to $2.73 /kg, ChinaFastener.Info reports.
July 25
14:24
2019
The company said the site has improved functionality and enhanced content.
July 24
23:56
2019
“Despite slower than expected global economic growth and our significant investment in the endless assortment model, we drove strong operating results and cash flow,” stated CEO DG Macpherson.
July 23
22:27
2019
“Automotive and industrial market declines were partially offset by continued fastener penetration gains.”
July 23
22:27
2019
Alex Acosta will work closely with operations VP Michael Baughman, to manage all aspects of purchasing, quality control, facilities and distribution.
July 23
22:16
2019
Founded in 1967, Aerosmith specializes in hardened steel pin fasteners for construction, industry and specialty applications.
July 21
14:32
2019
CFO Michael Schneider will become interim CEO while the supervisory board searches for Kleinhens’ replacement.
