Strandquist: “Our strategic acquisitions and expanded logistics capacity have been key in upholding our commitment to customer service.”
NEWS BRIEFS
April 26
11:06
2017
Organic revenue increased 3.5%, while the 2016 acquisition of Engineered Fasteners & Components (EF&C) added 3.8% to revenue.
April 21
16:55
2017
“We were particularly pleased to see Engineered Fastening exceed its growth projections based on better than expected automotive performance,” stated CEO James Loree.
April 21
00:12
2017
Six leadership changes affect company's North American rail market divisions.
April 20
10:38
2017
Downstream steel products shipments to outside customers decreased 3% from the fourth quarter of 2016 and increased 3% from the first quarter of 2016.
April 19
10:40
2017
The National Fastener Distributors Association and New England Fastener Distributors Association will meet June 20-21 in Boston, following NEFDA table top meeting on June 19.
April 18
12:21
2017
Company accelerating lower pricing structure "to accelerate growth with existing customers and attract new customers sooner than planned."
April 18
03:46
2017
New financial guidance predicts an additional 2% revenue increase and an additional 3.5% increase in adjusted net earnings and adjusted net earnings per diluted share.
April 14
00:01
2017
WINA is a part of the Würth Group, a global supplier of 100,000 assembly and fastening materials, chemical products and personal protective equipment with more than EUR 11.8 billion in sales for 2016.
April 13
14:53
2017
The Hilco Industrial April 20-26, 2017, auction is due to the closure of the Southern Fasteners plant in Mississippi.
April 13
14:51
2017
Added capacity in China and Vietnam is expected to boost automotive component sales to 20% of overall revenue within three years.
April 12
22:44
2017
Quarterly results were improved by a 1.5% gain in fastener sales in February, marking the company’s first uptick in fastener sales since the third quarter of 2015.
April 11
16:04
2017
“Cooperation with the largest U.S. electric vehicle manufacturer (Tesla Motors), which is continually increasing its production volumes, is reflected in the substantially higher sales.”
April 11
03:19
2017
“Mackson brings to Tioga an impeccable reputation for high quality and excellent service in the supply of fasteners and critical components to the Nuclear Power industry,” stated Mackson Nuclear president Andrew Keiser.
April 10
03:16
2017
The Specialty Tools & Fasteners Distributors Association members will meet with at least three members of Congress during the 5th annual events in Washington, DC.
April 06
16:11
2017
“Most of our customers continue to express an improving outlook, particularly those in our core metalworking market,” stated CEO Erik Gershwind.
April 06
15:29
2017
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.”
April 06
00:03
2017
SouthernCarlson acquired Sacramento, CA-based River City Building Supply, Inc., expanding the organization’s Northern California footprint and service capabilities.
April 05
15:49
2017
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.
March 30
10:24
2017
Controx provides circular blades, cutting tools and special tooling for machining fasteners and other products.
