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Global Fastener News

NEWS BRIEFS

Kanebridge’s LaPoma Sleeping Outside To Raise Money for Homeless Youth

October 09
15:09 2018

The Kanebridge executive said he decided to join a group of people with Covenant House “in an attempt to experience what many of our homeless youths experience every night, 12 months a year.”

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Tesla Fastener Supplier Opening 1st U.S. Operation in Lansing

October 09
13:27 2018
    Tesla Fastener Supplier Opening 1st U.S. Operation in Lansing

Norm Fasteners, which supplies fasteners for Tesla’s new Model 3 as well as parts for John Deere, will open a distribution center in Lansing that will create between 15 to 20 jobs, according to the Lansing State Journal.

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Kotynia Leads Mid-States’ ISO Certification

October 07
23:27 2018

Michigan-based distributor with seven locations now led by Somers brothers.

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Stanley Engineered Fastening Expanding

October 03
11:34 2018

Decorah, IA, plant expansion reportedly will increase the size of the building by 9% for product inventory.

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Weaver Promoted to ITP COO

October 01
14:18 2018

Founded in 1979 by Ron Futrell, son Garrett Futrell took full ownership of Industrial Threaded Products this year.

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WINA Names New CEO

September 26
10:52 2018
    WINA Names New CEO

Dan Hill will succeed Marc Strandquist on October 1st.

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Bufab Reports Strong Growth and Improved Margin

September 25
12:08 2018

“We need to strengthen our gross margin through further price increases,” noted CEO Jörgen Rosengren.

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Abbott-Interfast Marking 70th Anniversary

September 20
06:22 2018

Since Martin “Marty” Binder opened the doors on September 21, 1948, Abbott has secured over 25 patents – though the company is best known for yellow nylon insert locknuts.

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Würth DMB Opens Distribution Center

September 19
13:10 2018
    Würth DMB Opens Distribution Center

Würth Des Moines Bolt (DMB) opened a regional distribution center in Kansas City, MO, to expand its industrial fastener division.

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BBI Wins Awards For Drywall Screws & Wrench

September 18
11:58 2018

Proferred tool engineers worked with the Brighton-Best Taiwan factory to design Drywallerz screws for tighter drive tolerance and sharp points for less wobble and faster installation.

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SWD Expanding Metal Finishing Plant

September 16
23:55 2018

Delawder: "The automotive lightweighting initiative has pushed the fastener industry to produce smaller, higher strength fasteners."

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North American Lawson Locations Receive ISO 9001:2015 Certification

September 16
13:20 2018

Lawson initially received ISO certification in 2010 and has been audited and registered since 1996.

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EFC International Adds 9 To Global Staff

September 11
13:25 2018

EFC has five U.S. facilities plus locations in Germany, Mexico, Korea and China.

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Fastenal Fastener Sales Growth Slows

September 10
13:25 2018

By end market, sales to manufacturing customers rose 13.3%, while sales to non-residential construction customers climbed 18.5% in August.

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Thyssenkrupp Building New Germany Logistics Center

September 10
07:31 2018

Global materials supplier Thyssenkrupp has 480 locations in 40 countries.

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IFE Discount Deadline September 15

September 06
12:46 2018

The early bird rate for the 2018 International Fastener Expo in Las Vegas is $50. Then advance registration is $65 and onsite $75. IFE events are October 30 – November 1 at the Mandalay Bay Convention Center.

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Norma Group Names New COO

September 04
16:26 2018
    Norma Group Names New COO

Klein, who has years of experience in the automotive sector, joined NORMA Group from Schaeffler Technologies AG & Co KG, a global automotive and industrial supplier.

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McGuire Launches Sourcing Website

August 30
16:48 2018

Initially the website lists 10,000 products in 88 categories from suppliers in 81 countries.

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Driv Lok Acquired By Investors

August 30
13:49 2018
    Driv Lok Acquired By Investors

Founded in 1936, Sycamore, IL-based DRIV-LOK manufactures press-fit fastening and joining components for OEMs and fastener distributors.

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IFI Adds 6 Member Companies

August 28
20:47 2018

Chairman Johnson: Industrial Fasteners Institute member involvement leads to “technical research, training, government relations and workforce development that no one company could do on its own.”

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