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NEWS BRIEFS

Fastener Poland will be November 28-30, 2017, in Krakow.

Richard Hagan counted 49 fastener company acquisitions worldwide in 2016, making it the highest annual number in his 19 years of monitoring the industry’s transactions.

"Trading performance across the business delivers another record breaking financial year and results ahead of board expectations," Fastener + Fixing Magazine reports.

As Multiple Products owner, Woodie Anderson worked with Talan’s Steve Peplin for decades.

During the first quarter, Bulten established a production company and a joint venture with Ramco in Ohio.

Founded in 1991, Thunderbolts has sales of GBP 2.9 million and employs 19 people to supply customers in the construction, manufacturing, marine and healthcare industries in southern England.

Flannery worked as national sales manager for G.L. Huyett from 2004 to 2008.
Tim Malone started Spring Bolt & Nut Manufacturing LLC with Richard Sivley.

Fastener stocks also posted impressive gains during the year, with the FIN Fastener Stock Index growing 20%.

Würth business names new human resources director, national accounts manager, and oil and gas regional sales representative for WINA.

Lawless has four warehouses in Texas and Louisiana.

Volt dates roots to 1952, when Joe Volltrauer immigrated to the U.S. from Austria. After working as an apprentice tool and die maker, he started JV Tool in 1973 and in 1992 began using his mold and tool making expertise to produce Volt plastic fasteners.

China's fastener exports reached 2.75 million tons during 2016, with the value totaling $4.54 billion, according to ChinaFastener.Info.

Lawless has four warehouses in Texas and Louisiana.

Strandquist: “Our strategic acquisitions and expanded logistics capacity have been key in upholding our commitment to customer service.”

Organic revenue increased 3.5%, while the 2016 acquisition of Engineered Fasteners & Components (EF&C) added 3.8% to revenue.

“We were particularly pleased to see Engineered Fastening exceed its growth projections based on better than expected automotive performance,” stated CEO James Loree.

Six leadership changes affect company's North American rail market divisions.

Downstream steel products shipments to outside customers decreased 3% from the fourth quarter of 2016 and increased 3% from the first quarter of 2016.