Executive joined the company in 2013 as controller before being promoted to VP/director of finance in 2021.
NEWS BRIEFS
“Significant” weakness in construction, OEM and western U.S. markets tempers strong manufacturing and domestic/international demand.
Three decades of experience include working for Century Fasteners, Heads & Threads, and Reynolds Fasteners.
Roger Dankel joined Simpson Strong-Tie in 1993 as a field sales representative.
In 1974, he founded Liberty Fastener Company of Bensenville, IL.
New manager will oversee staff that provide torque control, fastening, and precision assembly tools to customers around the world.
Fastenal Co. reported fastener sales totaled $205.1 million in April, halving the rate of decline from the opening quarter.
Current president Karl Hutter, whose parents founded the company, will remain CEO while also serving as president/CEO of Physical Systems, the Hutter family-owned parent company of Click Bond.
$100 million will go to its U.S. suppliers to build capacity and capabilities for commercial aircraft and to “continue supporting the U.S. military and its allies around the world.”
A fastener that secures the rear shock absorber on the motorcycles may break, damaging the rear tire.
North America sales increased, while sales in Europe declined from lower sales volumes.
Howmet Aerospace fastener results were boosted by growth in the commercial aerospace market, including wide body aircraft recovery.
Stanley Black and Decker reported solid organic sales growth in the opening quarter of 2024, but the pace slowed from the previous quarter.
Early registration discounts for the September 9-11 International Fastener Expo at Mandalay Bay in Las Vegas end May 19.
While fastener sales and income results were mixed, both segments that manufacture fasteners improved their margins during the opening quarter of 2024.
Non-automotive fastener volume declines more than offset price gains achieved at the end of 2023.
Sales gains eroded margins as the distribution giant continued spending to drive growth.
Steelmaker reports double-digit loss for cold finished steel product sales in the opening quarter of 2024.
The safety issue involved Tesla's decision to use adhesive instead of fasteners on the accelerator pedal cover. But larger problems loom for the EV manufacturer and its mercurial CEO.
Final anti-dumping measures against steel fastener imports from China range from 32.5% - 67.4%.