In October, Bulten announced plans to invest SEK 45 million in a new heat treatment line in Hallstahammar. In addition, the company said it’s prepare to change CEO by 2019.
NEWS BRIEFS
October 25
13:33
2017
"Industrial organic growth of 8% reflects Engineered Fastening's continued expansion in the automotive and industrial markets," stated CEO James Loree.
October 24
11:10
2017
Year-to-date revenue gains in Automotive OEM segment outpace growth in Construction Products.
October 23
12:54
2017
Blankenship is a 24-year veteran of General Electric who spent much of his career in its aviation and jet engine businesses, including running its commercial engine operations.
October 17
14:11
2017
“Our U.S. business had strong volume in the quarter driven by our strategic pricing initiatives and an improving demand environment,” stated CEO DG Macpherson.
October 16
10:58
2017
Acquired by Bufab in 2016, UK-based Montrose Holdings supplies fasteners and special components, as well as products for MRO for the electronics, aerospace and construction markets.
October 16
08:48
2017
Product Genius Technology was built in 2015 and beta tested on Kleinhandler’s 80-year-old family fastener business website.
October 12
15:24
2017
The keynote presentation was from Liesel von Metz, TGD Solutions, outlining the development of a modern fastener quality assurance system for the rolling stock MRO sector - a BIAFD project.
October 11
15:30
2017
Double-digit sales growth of its fastener products driven by acquisition of Masco as well as increased industrial demand.
October 10
09:49
2017
Swedish company will continue to focus on raising prices to customers - although to date increases had not been sufficient to offset cost increases.
October 05
14:25
2017
Founded in 1986, Heads & All Threads provides supply chain management services and has operations in the UK, Czech Republic, Poland, and India.
October 02
16:58
2017
Founded in 1979, the New England group reports 65 members.
September 28
11:22
2017
Acquiring MMG will expand Sumeeko's business portfolio to fasteners used for wind power, water dams, agricultural machines, and smart phones.
September 28
11:06
2017
Weitzmans’ Michigan-based distributorship has shipping branches in New Jersey, Illinois and California.
September 27
12:15
2017
The family-owned Pennsylvania fastener and hardware supplier now has 25,000 sq ft building.
September 27
12:08
2017
Dallas-based Advance will stock VFS tension pins for North American distributors.
September 25
11:03
2017
Bossard Group consolidated sales during the first half of 2017 rose 15% to CHF 395.1 million (US$408.8 million), which included organic growth of 9.5%, according to Fastener + Fixing Magazine.
September 21
14:50
2017
Seggelink has more than 15 years of quality management experience implementing quality standards through lean manufacturing and six sigma initiatives.
September 21
12:03
2017
20+ year fastener industry veteran will operate from Tennessee.
September 20
12:25
2017
Called Viet-Screw Company, the 345,000 sq ft facility houses 60 headers capable of producing 600 tons of fasteners monthly.
