“Conditions steadily improved in the quarter as manufacturing continued to firm,” stated CEO Erik Gershwind.
NEWS BRIEFS
October 31
15:37
2017
Winzer has more than 80,000 products, 30,000 customers and 275 franchisees.
October 29
21:53
2017
The culture consultant advised Women in the Fastener Industry to avoid wearing a green hat in China, which is a symbol of a woman cheating on a partner. Avoid purple in India as it is associated with fear and a Hindu goddess.
October 26
22:24
2017
Revenue gains driven by “continued improved production throughput and deliveries, and solid order demand.”
October 25
22:08
2017
Owned by Ta-Chen International, BBI is a master distributor and importer supplying 7,000 distributors through 31 locations in six countries.
October 25
22:02
2017
Earnest Machine was founded in 1948 by Paul Earnest Zehnder to sell fasteners to the heavy equipment industry that was building the infrastructure of post-WWII America.
October 25
15:33
2017
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.
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.
