Global Fastener News

NEWS BRIEFS

Bodycote Opens S3P Facility

March 26
16:10 2018
    Bodycote Opens S3P Facility

The new facility, which will be accredited for both ISO9001 and AS9100, will support the manufacturing supply chains in the Southeast region of the U.S.

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Agrisolutions Acquires Trinity Logistics

March 26
10:12 2018

Founded in 2003, Davenport, IA-based Trinity provides supply-chain solutions relating to fasteners and other components.

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U.S. Lifts Tariffs For Allies

March 22
17:54 2018
    U.S. Lifts Tariffs For Allies

Speaking before the Senate Finance Committee, U.S. trade representative Robert Lighthizer said the EU, along with Argentina, Australia, Brazil and South Korea, would be exempted from the 25% tariff on steel and 10% on aluminum. Canada and Mexico have already been excluded.

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Arconic Plans $45m Upgrade

March 22
01:05 2018
    Arconic Plans $45m Upgrade

Arconic, which includes Alcoa’s former $1.8 billion Fastening Systems and Rings business, has pledged to fill 35% of any vacancies with military veterans and the economically disadvantaged during its five-year agreement with the state.

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SFA Features Panelists On “Past, Present & Future”

March 21
14:31 2018

May 2-4, 2018, Southwestern Fastener Association spring conference includes moderator Baron Yarborough and panelists Tricia Dyer, Jake Davis and John Longyear. Expo follows on May 4.

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Commerce Lists Tariff Exclusion Process

March 19
16:01 2018

U.S. companies seeking to avoid paying tariffs on steel and aluminum may have to wait as long as 90 days before an exclusion is granted.

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EU Lists Potential Retaliatory Tariffs on U.S. Fasteners

March 19
12:40 2018
    EU Lists Potential Retaliatory Tariffs on U.S. Fasteners

The European Commission has published a 10-page provisional list of imported U.S. products, from peanut butter and orange juice to steel fasteners, that Europe is threatening to apply 25% import duties unless the EU is exempted from steel and aluminum duties imposed by U.S. President Donald Trump, Fastener + Fixing Magazine reports.

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Bolt House Adds To Lawson Products Earnings

March 15
08:03 2018

“(The Bolt House) acquisition, being our largest to date, was an important step in pursuing our growth strategy of acquiring companies that significantly add to our revenue and leverage our infrastructure to drive earnings.”

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Monogram Aerospace Fasteners Wins Airbus Award

March 15
06:20 2018

Monogram, which was selected out of approximately 650 suppliers, completed all program deliverables and improved on-time delivery.

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Trump Signs Orders on Tariffs

March 08
17:26 2018
    Trump Signs Orders on Tariffs

The tariffs, which go into effect March 23, do not appear to directly affect fasteners and other finished steel products. But the threat of steel hikes could have a chilling effect on the U.S. economy, economists warn. Steel prices were already up by more than 12% year to date as of Feb. 27, Barron’s reports.

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Fastenal Fastener Sales Continue To Grow

March 06
19:20 2018
    Fastenal Fastener Sales Continue To Grow

Inclusion of Mansco, which Fastenal acquired in March 2017, added 3.6 pps to the daily sales growth of fasteners, the company stated.

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HELP WANTED: Assistant Branch Manager

March 06
17:43 2018

Click on Classifieds

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Fastener Fair Turkey Attendance Up

March 06
13:14 2018
    Fastener Fair Turkey Attendance Up

2018 trade show drew 2,900 attendees to Istanbul – with 11.2% coming to Turkey from 47 countries, show organizer Mack Brooks announced.

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Bossard Invests in 3D Printing

March 05
20:37 2018

Together with its subsidiary KVT-Fastening, Bossard will present three different technologies at the Additive Manufacturing Expo in Lucerne from March 6-7, 2018.

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Spring Bolt & Nut Certified to API Q1 and 20E

March 05
20:28 2018

American Petroleum Institute certifies Houston manufacturer.

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TriMas Aerospace Sales Rise

February 28
13:05 2018
    TriMas Aerospace Sales Rise

Overall TriMas sales increased 3% to $817.7 million in 2017, with operating profit growing to $88.5 million.

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RFI Adding $9.85 Million in Equipment

February 22
13:09 2018
    RFI Adding $9.85 Million in Equipment

Rightway Fasteners plans to install 36 pieces of manufacturing equipment by March 2019, GM Ron Miller told The Republic.

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NFDA Awards 5 FTI Scholarships

February 22
12:13 2018

The application deadline for the next Fastener Training Institute scholarships is June 1, 2018.

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Fiat Chrysler Names Würth Top Supplier

February 21
12:40 2018
    Fiat Chrysler Names Würth Top Supplier

Würth supplies Fiat Chrysler with products, spare parts, corporate workwear and commercial vehicle equipment in the main European countries and is sole partner for selling an original product produced by the automotive manufacturer (carpets for economy and premium car brands).

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2018 Taiwan Show Draws 410 Exhibiting Companies

February 20
13:50 2018

A focus this year will be light-weighting – such as titanium screws for the aerospace sector and high-end bicycles.

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