Global Fastener News

NEWS BRIEFS

Hilti Posts Double-Digit Sales Increase

March 20
12:31 2019
    Hilti Posts Double-Digit Sales Increase

North America sales rose 10.4% and sales in Europe grew 10.6%.

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Valderrama: Intuilize Website to Feature ’Quick Quiz’

March 19
12:18 2019
    Valderrama: Intuilize Website to Feature ’Quick Quiz’

Founded last year, Intuilize offers predictive analytics for midsize fastener distributors.

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Komar Screw Marks 50 Years

March 17
23:42 2019
    Komar Screw Marks 50 Years

Komar Screw was founded in 1969 as a full-line fastener distributor by Marvin “Marv” Kocian, who started in the fastener business in Chicago in 1961 by working for fastener distributor Carlton Screw.

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SFA Board Making Changes

March 14
18:24 2019
    SFA Board Making Changes

The Southwestern Fastener Association board has been struggling with direction, as most of the eight regional fastener associations have.

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Auction: AKKO Ohio Plant Machinery

March 14
10:08 2019

Machinery from the closed AKKO Fastener Inc. plant in Middletown, OH, will be auctioned Wednesday, April 10, 2019.

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OBITUARY: Cary Weitzman

March 14
08:42 2019
    OBITUARY: Cary Weitzman

He was VP and a partner of Jay-Cee Sales & Rivet, where he started working in 1969.

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Field Opens Southeast Distribution Center

March 12
11:38 2019

Facility in Florence, SC, to “support the southeast geography and growing customer base there.”

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Bossard Reports “Another Record Year”

March 11
07:46 2019

“In the fourth quarter, our business in America and Asia grew by double-digits, exceeding expectations,” the company stated. “The demand in the European markets slowed down at a high level.”

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Fastenal Fastener Sales Growth Slows

March 07
12:21 2019

Overall Fastenal sales increased 10.5% to $411.9 million in February, while daily sales grew 10.5% to $20.6 million during February.

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Park-Ohio Fastener Segment Sales Rise

March 06
12:32 2019

“Our fastener manufacturing business continues to perform well, increasing sales of its self-piercing and clinch products to new customers around the world,” stated CFO Patrick Fogarty.

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Jergens Names New GM

March 05
15:57 2019
    Jergens Names New GM

Since 2007, Matt Schron has been GM for Jergens Industrial Supply, the company’s distributor of metalworking products representing more than 300 manufacturers in the U.S.

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Longyears Retiring From Metric & Multistandard

March 04
12:24 2019

Both have been active in the Southwestern Fastener Association since 1984. Both have been SFA chairpersons.

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TriMas Aerospace Segment Sales Rise

February 28
15:07 2019

Revenue increased “due to higher demand levels for more complex fasteners.”

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OBITUARY: Gary and Elizabeth Lilly

February 28
12:26 2019

He was the owner of Delaware-based Kenneth G. Lilly Fasteners, Inc. – a distributorship founded in 1964 by his father, Kenneth Granville Lilly.

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Phillips Screw Names Filion as President

February 27
21:14 2019
    Phillips Screw Names Filion as President

Previously Filion worked for 20 years at Velcro USA Inc., including most recently as president.

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Earnest Machine Adds to Sales Team

February 25
14:43 2019

“When we make new hires, we look for people who perform best in a collaborative environment,” said CEO Kirk Zehnder.

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Midland Metal Names Chief Sales Officer

February 24
22:21 2019
    Midland Metal Names Chief Sales Officer

Scott Bardreau as over 35 years of industry experience, including the last 12 years with Matco-Norca as VP of sales and marketing.

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Tree Island Steel Reports Profit Growth

February 22
15:05 2019

Gross margin was higher at 11% “despite the impact of U.S. Section 232 tariffs on overall volumes.”

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SC Fastening Systems Marks 20 Years

February 20
13:25 2019
    SC Fastening Systems Marks 20 Years

The company said it will commemorate its 20th anniversary by exhibiting at the FABTECH Show, November 11-14, in Chicago.

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3Q Receives ISO 9001-2015 Certification

February 20
10:27 2019

3Q supplies Sems washers, double coil lock washers, cold formed fasteners and sheet metal screws.

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