“Matthew’s experience will be a great asset to our customers in the New England Territory,” sales manager Dan Duffield stated.
NEWS BRIEFS
“E-business is gaining momentum,” stated group chairman Robert Friedmann.
A former executive of Fasteners Inc. in Spokane Valley, WA, has been indicted by a federal grand jury for “allegedly using company money to pay for his children’s college tuition, a guided hunting trip and home improvement projects,” according to the Spokesman-Review.
For more on Earnest Machine see the FIN Fastener History section: 1999 FIN – Earnest Machine Products Marks 50th With Book of Complete History; 2010 FIN – Earnest Machine Moving Warehouses to Indianapolis.
“Tom is an industry veteran with over 20 years of industry experience,” the company stated on its Twitter account.
The news comes amid reports of rising steel fastener exports from China.
AFT Fasteners distributes fasteners and industrial supplies to OEM and MRO customers.
Brighton-Best International reportedly broke ground on December 26, and expects the facility to open in September.
Out of more than 300 news articles posted on GlobalFastenerNews.com during 2017, here are 28 major headlines.
Richard Hagan’s 20th annual Top Ten Deals of the Year will be published with the FIN Review of Fastener Stocks for 2017 in May 2018.
Huyett said the appointment expands its “coverage and canvass intensity, and aligns to the recognition that the Research Triangle Corridor is increasingly seen as a leading-edge manufacturing hub.”
Mark Lohman joined Grainger in 2014 as senior director of information security and business continuity.
Efc-ind.com features product encyclopedia and engineering sections.
Cable tie manufacturer was founded in 2005, now runs 24/7 plant.
"ASG continued its market momentum with three new contract awards and market share gains valued at approximately $125 million in the aggregate."
Overall sales at Fastenal rose 15.4% to $365.5 million in November, with daily sales up 15.4% to $17.4 million.
Chicago-based distributor said sales were positively impacted by the 11% increase in sales rep productivity, the effect of acquisitions completed in 2016 and continuing improvement in the MRO marketplace.
As he retires, Harris sees a “healthy industry and healthy customers” for the fastener industry. “Boeing and all aerospace are booked with orders,” he pointed out.
Prior to joining Autocraft in 2012, the fastener industry veteran held executive roles at Heads & Threads International, Brighton Best International, and Brighton Best Socket Screw Mfg.