“For the year, our auto fastener growth was 6%, over 600 basis points ahead of global production,” stated CFO Donald Allan.
NEWS BRIEFS
“The holistic commitment of the Würth Group to strengthening the participation and equality of people with disabilities is so impressive because they are based on examples of good international practice in the world of work and not limited to one country,” the award jury stated.
Registration has opened for the second Fastener Fair USA, set for May 22-23, 2019, at the Cobo Center in Detroit.
Deborah Mann will concentrate on new markets for both Ironclad Performance Wear and Proferred Tools.
There will be five primarily distribution-oriented trade shows in the U.S. during 2019. Plus there is a re-branded machinery show.
Founded in 1965, Mountz provides torque tool solutions and metric fasteners to the aerospace, automotive, electronics, energy, medical and packaging industries.
Carroll comes to Grainger from First Midwest Bank, where she served as Executive Vice President and CHRO. Prior to that, he held leadership positions with Aon Corp., Sprint, and PricewaterhouseCoopers.
He was active in the National Fastener Distributors Association and was a Metropolitan Fastener Distributors Association board member.
Gehle Loomis founding Tool Engineering Industries as a metalworking engineering and sales business in October 1979 in the basement of his home.
He joined the Indiana company in 2005 and has been general manager and director of product development.
During his career he started seven corporations in manufacturing, R&D, hospitality and international trade.
The tariffs imposed by U.S. president Donald Trump dominated the front page of Fastener Industry News for 2018. But other articles included acquisitions, the FIN Fastener Stock Index, court battles, 50th anniversaries for two companies, new fastener leaders and key policy issues.
In 2003, Dan Zehnder founded Trinity Logistics Corporation, which was acquired by Agrisolutions earlier this year. Zehnder is NFDA vice president.
He founded Lufasco Inc. (Lubker Fastener Company) in 1967 and led the company until it was sold in 1998.
Semblex Corp., which is celebrating its 50th anniversary in 2018, announced that Jinsoo Kim will succeed Don Cunningham as president.
Founded in 1954, Header Die & Tool manufactures cold forming tooling and specialty manufactured parts.
Surveyed exhibitors reported overall success at 2018 trade show in Las Vegas, but they were unanimous in finding no value in longer second day.
Lighter automobiles among uses for Henkel adhesives. Germany-based Henkel reports 130,000 adhesives customers in 800 industrial areas worldwide.
Nucor called POK “a natural fit” for its existing cold finish businesses, including Nucor Fastener and Nucor’s recently acquired cold finish facility in Monterrey.
ASG, a division of specialty fastener manufacturer Jergens Inc., has opened a warehouse in Limerick, Ireland.