Global Fastener News

NEWS BRIEFS

NFDA Honors Gilchrist With Award

April 06
15:29 2017
    NFDA Honors Gilchrist With Award

NFDA vice president Kevin Miller of Bamal Corp. said there were numerous potential honorees who fit the criteria, but “one name shot quickly to the top of the list who embodies the true spirit of this award.”

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SouthernCarlson Acquires Fastener Distributor

April 06
00:03 2017
    SouthernCarlson Acquires Fastener Distributor

SouthernCarlson acquired Sacramento, CA-based River City Building Supply, Inc., expanding the organization’s Northern California footprint and service capabilities.

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Audax Acquires Two Aviation Fastener Distributors

April 05
15:49 2017
    Audax Acquires Two Aviation Fastener Distributors

Marina del Rey, CA-based FDH distributes aerospace fasteners and other c-class components to commercial and defense aircraft manufacturers, subcontractors, and component distributors through its Arlington International Aviation Products (AIAP) and Aircraft Fasteners International (AFI) divisions.

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Controx Adds Industry Veteran Todd Hammer as Key Account Manager

March 30
10:24 2017
    Controx Adds Industry Veteran Todd Hammer as Key Account Manager

Controx provides circular blades, cutting tools and special tooling for machining fasteners and other products.

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Leahy New VP of Construction Supply Group

March 28
10:26 2017
    Leahy New VP of Construction Supply Group

Leahy, who is the 2017 president of the Specialty Tools and Fasteners Distributors Association, is a 20 year veteran of Border Construction Specialties, where he served as COO.

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Reinhold Würth: “We Are Creating Jobs in the U.S.”

March 27
11:53 2017
    Reinhold Würth: “We Are Creating Jobs in the U.S.”

Speaking on a video for the 2017 joint meeting of the National Fastener Distributors Association and the Pacific-West Fastener Association, Würth reported U.S sales were up 16.8% for 2016 to US$1.7 billion.

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Bufab Reports Record Sales & Profit

March 24
00:01 2017
    Bufab Reports Record Sales & Profit

“…our acquisition strategy is continuing to generate results,” stated CEO Jörgen Rosengren. “The acquired companies are developing well, work well with the other subsidiaries and made a strong contribution to Bufab's earnings trend and cash flow during the year.”

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Bulten Profits Rise Despite Sales Drop

March 24
00:00 2017
    Bulten Profits Rise Despite Sales Drop

“Being a supplier to the automotive industry is challenging on many levels but we have managed to strengthen our customer relations by, among other things, supplying the best quality and service at the lowest possible cost,” stated CEO Tommy Andersson.

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Fastener Fair Stuttgart Prepares To Open

March 23
01:31 2017
    Fastener Fair Stuttgart Prepares To Open

“With a total of 894 exhibitors from 46 countries, this year’s exhibition will be a record event both in terms of exhibitor numbers and exhibition space,” according to trade show management.

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Würth Launches B2B Online Procurement Platform

March 21
03:52 2017
    Würth Launches B2B Online Procurement Platform

Wucato is an e-procurement solution and online procurement platform for the B2B sector, enabling customers to access more than 500,000 products from suppliers within the Würth Group.

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Magyar Joins Smith Associates for Outside Sales

March 20
08:14 2017

Magyar has sales experience and a business administration education.

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Fabory Marks 70 Years in Business

March 17
00:02 2017
    Fabory Marks 70 Years in Business

Fabory’s acquisition by Grainger in 2011 opened a range of fastener products to Fabory customers, while the larger scale meant pricing improved.

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Chicago Rivet Reports “Very Positive” Results for 2016

March 16
21:29 2017
    Chicago Rivet Reports “Very Positive” Results for 2016

Fastener segment sales grew 0.16%, supported by modest growth in domestic automobile and light truck sales.

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Lawson Promotes Brown to Sales VP

March 15
11:44 2017
    Lawson Promotes Brown to Sales VP

MRO distributor marking 65th anniversary in 2017.

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Elgin Fastener Upgrades To New ISO Standard

March 14
00:06 2017
    Elgin Fastener Upgrades To New ISO Standard

Two of Elgin's facilities - Holbrook Manufacturing and Ohio Rod Products - completed the transition from ISO 9001:2008 certification to the newly-revised standard, ISO 9001:2015.

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OBITUARY: Rennie Wendell Johnson

March 14
00:00 2017

He and his wife, Doris Johnson, founded Vancouver Bolt & Supply Inc. in 1979. He started in the fastener industry in 1963 with Tacoma Screw Products, and was the 1996-97 president of the Western Association of Fastener Distributors.

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FDI Sees Strong Increase in February

March 10
02:41 2017
    FDI Sees Strong Increase in February

“Although not universal among respondents, most survey commentary was optimistic that market conditions could show improvement in 2017.”

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PennEngineering Marks 75 Years

March 09
14:55 2017
    PennEngineering Marks 75 Years

Danboro, PA-based PennEngineering develops and manufactures precision fasteners, components and installation systems.

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Growth in North America Boosts Bossard Results

March 09
14:39 2017
    Growth in North America Boosts Bossard Results

“This lively growth is reflected in the intensified cooperation with the leading U.S. electric vehicle manufacturer whose production volumes exhibited a marked increase in the second half of the year.”

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Advance Components Celebrates 45 Years

March 09
11:21 2017
    Advance Components Celebrates 45 Years

“We invite all of our customers to celebrate our anniversary with extra savings at the Advance online store,” says Advance president Gary Cravens.

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