Johan Sandberg has held executive positions in large industrial companies, including Volvo Powertrain and Volvo Aero.
NEWS BRIEFS
Women in the Fastener Industry scholarship honors the late Joanne Goodman Sherman of Industrial Rivet & Fastener Co.
“The automotive and equipment associations work hard,” stated Vanessa Sciarra, VP for legal affairs and Trade & Investment Policy for the National Foreign Trade Council. “They are your best friends.”
First held in 2010, the sixth Taiwan International Fastener Show will be April 21-23, 2020, in Kaohsiung.
Sean Baird, president and owner of Hampton Roads Fastener & Construction Supply Inc. in Virginia Beach, VA, is the new president of the Specialty Tools & Fasteners Distributors Association.
Linquan Precision is a PennEngineering authorized distributor with experience in fastening technology for the electronics, tele- and data-communication, automotive, and medical equipment markets.
Offsite construction is on the rise and Bill Sisto predicted to the Specialty Tools & Fasteners Distributors Association that contractors will partner with prefab companies.
The primary focus of AIM is consultation, training and testing of fasteners and related products.
Site includes more product listings and new navigation.
“Before acquiring KLX, Boeing was starting to invest in ways to be more integrated with customers’ parts stocking operations as a step to achieve this,” writes Lee Ann Shay of MRO-Network.com. “KLX already is doing that by being integrated in customers’ shop floors day to day through its bin stocking programs for OEMs, airlines and MRO.”
Bossard already announced partnerships with three 3D printer manufacturers in early 2018, when the Bossard Group took over the representation and distributorship of these companies for the Swiss market.
The Coalition was founded in 1988 and consists of 12 North American fastener organizations.
“In addition to higher raw material prices, we have also incurred higher than expected wages in the current year due to the tight labor market.”
“We continue to invest vigorously in our businesses and are currently launching our third new manufacturing facility in the last twelve months,” stated CEO Matthew Crawford.
On April 30, MSC acquired All Integrated Solutions (AIS) from private equity firm High Road Capital Partners for approximately $86 million.
The branch, which has more than 1,200 sq ft of office space and over 10,000 sq ft of warehouse space, is newly built.
“Increased demand more than offset the impact of the decision to exit less profitable machined components.”
Organic revenue was up 6%, driven by volume growth in aerospace engines and defense.
“We are satisfied with the quarter and optimistic about the rest of the year,” stated CEO Jörgen Rosengren.
“As we shift to 2019, we are now preparing for the carry over effect of the 2018 headwinds,” stated CFO Donald Allan Jr. “We will continue to pass on these input cost increases to our customers as price increases. Additionally, we are taking actions to adjust our supply chain and cost structure.”