Global Fastener News

NEWS BRIEFS

Würth Canada Names New CEO

May 10
08:40 2024
    Würth Canada Names New CEO

Executive joined the company in 2013 as controller before being promoted to VP/director of finance in 2021.

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FDI Cools After Three Growth Months

May 09
20:48 2024
    FDI Cools After Three Growth Months

“Significant” weakness in construction, OEM and western U.S. markets tempers strong manufacturing and domestic/international demand.

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Fastener Veteran Lands at Aeromed

May 09
08:58 2024
    Fastener Veteran Lands at Aeromed

Three decades of experience include working for Century Fasteners, Heads & Threads, and Reynolds Fasteners.

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Simpson Mfg. Executive VP Retiring

May 08
08:19 2024
    Simpson Mfg. Executive VP Retiring

Roger Dankel joined Simpson Strong-Tie in 1993 as a field sales representative.

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OBITUARY: Larry Scharringhausen

May 08
01:42 2024
    OBITUARY: Larry Scharringhausen

In 1974, he founded Liberty Fastener Company of Bensenville, IL.

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Jergen’s ASG Division Gets New GM

May 07
11:05 2024
    Jergen’s ASG Division Gets New GM

New manager will oversee staff that provide torque control, fastening, and precision assembly tools to customers around the world.

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Fastenal Fastener Sales Decline Moderates

May 07
10:37 2024
    Fastenal Fastener Sales Decline Moderates

Fastenal Co. reported fastener sales totaled $205.1 million in April, halving the rate of decline from the opening quarter.

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Click Bond Names New President

May 06
13:50 2024
    Click Bond Names New President

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.

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GE Aerospace Bolstering Global Supply Chain

May 06
10:44 2024
    GE Aerospace Bolstering Global Supply Chain

$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.” 

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Faulty Fastener Prompts Harley Recall

May 03
08:15 2024
    Faulty Fastener Prompts Harley Recall

A fastener that secures the rear shock absorber on the motorcycles may break, damaging the rear tire.

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Simpson Mfg. Reports Sales Decline

May 02
18:26 2024

North America sales increased, while sales in Europe declined from lower sales volumes.

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Howmet Aerospace Fastener Sales Jump

May 02
18:07 2024
    Howmet Aerospace Fastener Sales Jump

Howmet Aerospace fastener results were boosted by growth in the commercial aerospace market, including wide body aircraft recovery.

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Stanley Engineered Fastening Sales Growth Slows

May 02
08:31 2024
    Stanley Engineered Fastening Sales Growth Slows

Stanley Black and Decker reported solid organic sales growth in the opening quarter of 2024, but the pace slowed from the previous quarter.

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2024 IFE Registration Opens for Vegas

May 01
18:07 2024

Early registration discounts for the September 9-11 International Fastener Expo at Mandalay Bay in Las Vegas end May 19.

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ITW Reports Mixed Fastener Results in Q1

April 30
09:57 2024
    ITW Reports Mixed Fastener Results in Q1

While fastener sales and income results were mixed, both segments that manufacture fasteners improved their margins during the opening quarter of 2024.

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Chicago Rivet Fastener Sales Fall

April 29
10:42 2024
    Chicago Rivet Fastener Sales Fall

Non-automotive fastener volume declines more than offset price gains achieved at the end of 2023.

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Grainger Sales Rise on Steady Demand

April 25
10:54 2024
    Grainger Sales Rise on Steady Demand

Sales gains eroded margins as the distribution giant continued spending to drive growth.

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Nucor Fastener Segment Sales Drop

April 24
09:32 2024

Steelmaker reports double-digit loss for cold finished steel product sales in the opening quarter of 2024.

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Assembly Issue Prompts Tesla Cybertruck Recall

April 23
21:10 2024
    Assembly Issue Prompts Tesla Cybertruck Recall

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.

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Ukraine Finalizes AD Tariff on China Fasteners

April 22
11:20 2024
    Ukraine Finalizes AD Tariff on China Fasteners

Final anti-dumping measures against steel fastener imports from China range from 32.5% - 67.4%.

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