Global Fastener News

NEWS BRIEFS

HEICO Acquires Aviation Interconnect Distributor

March 08
11:29 2017
    HEICO Acquires Aviation Interconnect Distributor

HEICO Corp. agreed to acquire 80.1% of the operating units of Air Cost Control (“A2C”).

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KLX Fastener Segment Sales & Profits Rise

March 07
14:05 2017
    KLX Fastener Segment Sales & Profits Rise

Gains were driven by the contribution of Herndon’s military aftermarket business and increased aircraft maintenance activity.

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Bulten Sets Up JV with Ramco in Ohio

March 07
10:17 2017
    Bulten Sets Up JV with Ramco in Ohio

Bulten is entering the North American market and will produce it’s externally threaded fasteners in Ramco’s new 165,000 sq ft facility in Hudson, OH. The JV will operate as Ram-Bul.

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Fastener Sales Rebound for Fastenal in February

March 06
12:43 2017
    Fastener Sales Rebound for Fastenal in February

Fastenal Co. reported fastener sales increased 1.5% in February, marking the company’s first uptick in fastener sales since the third quarter of 2015.

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Apex Tool Marks 50 Years With Torx

March 03
01:23 2017
    Apex Tool Marks 50 Years With Torx

Apex became a licensee on February 20, 1967, when the two companies were known as Camcar Screw & Manufacturing Co. and Apex Machine & Tool.

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Wrentham Tool Group Receives A2LA accreditation

March 02
00:01 2017
    Wrentham Tool Group Receives A2LA accreditation

Founded in 1948, Wrentham provides fastener tooling and gage technology.

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Brighton-Best Launches Proferred Tools Website

March 01
05:46 2017
    Brighton-Best Launches Proferred Tools Website

Proferred products include hand tools, adhesives, cable ties, gloves, safety glasses and vests.

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TriMas Fastener Sales Increase in Q4

February 28
13:06 2017
    TriMas Fastener Sales Increase in Q4

Results boosted by incremental sales related to the November 2015 acquisition of a machined components facility in Arizona.

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Defense Logistics Agency Extends PTP Certification

February 27
11:31 2017
    Defense Logistics Agency Extends PTP Certification

Precision Threaded Products has manufactured aerospace fasteners since 1940.

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LISI Aerospace Sales Increase

February 24
00:58 2017
    LISI Aerospace Sales Increase

LISI AEROSPACE division performed well in the "Fasteners in Europe" segment, with strong growth due to the implementation of new contracts.

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Lawson Products Sees Strong Q4 Sales

February 23
11:36 2017
    Lawson Products Sees Strong Q4 Sales

“We are seeing evidence in our sales results that we are beginning to grow our way out of the previous downward cycle of the MRO marketplace. It appears the economic headwinds we have faced have begun to subside,” stated CEO Michael DeCata.

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NORMA Group Reports Slight Growth in 2016

February 22
11:33 2017
    NORMA Group Reports Slight Growth in 2016

“Considering the sharp decline in the US commercial vehicle and agricultural machinery markets, we are satisfied with our results for fiscal year 2016,” stated CEO Werner Deggim.

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Motor City Fastener And EMCO Merge

February 17
14:23 2017
    Motor City Fastener And EMCO Merge

Partnership will allow EMCO to supplement its wider range of industrial products with MCF's expertise in the specialty fastener industry.

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Wire Düsseldorf 2018 Launches Online Exhibit Space Marketing

February 15
10:17 2017
    Wire Düsseldorf 2018 Launches Online Exhibit Space Marketing

The International Fastener Machinery & Suppliers Association meets in conjunction with Wire.

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Obituary: Joe McIlhon

February 13
16:21 2017

When he was with the multi-generation distributorship, Iowa Industrial Products, he was the 1999-2000 president of the National Fastener Distributors Association.

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Distributor’s Link Marks 40 Years

February 13
00:46 2017
    Distributor’s Link Marks 40 Years

Leo Coar was a manufacturers rep in 1977 when he saw a need for a magazine serving the fastener distributors. He recruited his sister-in-law MaryAnn Marzocchi of Southern Screw and together they published Distributor’s Link.

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Bulten Sales Strengthen In Q4

February 10
00:08 2017
    Bulten Sales Strengthen In Q4

"We advanced our position in technology for electric cars and hybrids," stated CEO Tommy Andersson.

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Prospecting Subject of SFA / SEFA Joint Conference

February 10
00:01 2017
    Prospecting Subject of SFA / SEFA Joint Conference

The two regional associations meet together April 19-21, 2017, in New Orleans.

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Wesco Aircraft Sales & Profit Decline

February 09
00:01 2017
    Wesco Aircraft Sales & Profit Decline

Results were “negatively impacted by foreign currency translation, temporary disruptions to certain customers’ consumption patterns due to operational changes and extended site closures, and late production schedule revisions made by a major commercial OE customer,” stated CEO Dave Castagnola.

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Jergens Expands Shanghai Market

February 08
10:08 2017
    Jergens Expands Shanghai Market

Shafer: Business model expanded to provide access in China to U.S. mid-market manufacturers.

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