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Global Fastener News

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Bulten Reports Record Quarterly Results

May 25
11:49 2017
    Bulten Reports Record Quarterly Results

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

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Bufab Acquiring Thunderbolts Group

May 25
01:53 2017
    Bufab Acquiring Thunderbolts Group

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.

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Flannery Returns to G.L. Huyett

May 24
17:49 2017
    Flannery Returns to G.L. Huyett

Flannery worked as national sales manager for G.L. Huyett from 2004 to 2008.

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Malone Retiring After 38-Year Fastener Career

May 15
01:48 2017

Tim Malone started Spring Bolt & Nut Manufacturing LLC with Richard Sivley.

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Fastener Stocks Outpace Industrial Gains

May 15
01:10 2017
    Fastener Stocks Outpace Industrial Gains

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

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Würth Industry North America Names Three

May 10
00:06 2017
    Würth Industry North America Names Three

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

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Lawless to Rep Wrought Washer

May 09
15:12 2017
    Lawless to Rep Wrought Washer

Lawless has four warehouses in Texas and Louisiana.

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Volt Industrial Marking 25th Anniversary

May 08
00:43 2017
    Volt Industrial Marking 25th Anniversary

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.

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China Fastener Exports Top $4.5b in 2016

May 05
00:28 2017
    China Fastener Exports Top $4.5b in 2016

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

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Lawless to Rep Wrought Washer

April 28
00:08 2017
    Lawless to Rep Wrought Washer

Lawless has four warehouses in Texas and Louisiana.

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WINA Posts “Impressive” First Quarter Results

April 27
10:45 2017
    WINA Posts “Impressive” First Quarter Results

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

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ITW Fastener Acquisition Boosts Top Line Growth

April 26
11:06 2017
    ITW Fastener Acquisition Boosts Top Line Growth

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

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Stanley CEO “Pleased” with Fastener Sales Growth

April 21
16:55 2017
    Stanley CEO “Pleased” with Fastener Sales Growth

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

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Vossloh Announces NA Leadership Changes

April 21
00:12 2017
    Vossloh Announces NA Leadership Changes

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

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Nucor Fastener Segment Sales Rise

April 20
10:38 2017
    Nucor Fastener Segment Sales Rise

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

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Quality, Email Productivity Among Topics For NEFDA / NFDA Joint Meeting

April 19
10:40 2017
    Quality, Email Productivity Among Topics For NEFDA / NFDA Joint Meeting

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.

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Grainger Results Hampered By Pricing “Realignment”

April 18
12:21 2017
    Grainger Results Hampered By Pricing “Realignment”

Company accelerating lower pricing structure "to accelerate growth with existing customers and attract new customers sooner than planned."

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KLX Inc. Increases Guidance for Q1

April 18
03:46 2017
    KLX Inc. Increases Guidance for Q1

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.

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WINA Names Three to New Positions

April 14
00:01 2017
    WINA Names Three to New Positions

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.

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Southern Fasteners Cold Headers to Be Auctioned

April 13
14:53 2017
    Southern Fasteners Cold Headers to Be Auctioned

The Hilco Industrial April 20-26, 2017, auction is due to the closure of the Southern Fasteners plant in Mississippi.

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