“Although not universal among respondents, most survey commentary was optimistic that market conditions could show improvement in 2017.”
NEWS BRIEFS
March 09
14:55
2017
Danboro, PA-based PennEngineering develops and manufactures precision fasteners, components and installation systems.
March 09
14:39
2017
“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.”
March 09
11:21
2017
“We invite all of our customers to celebrate our anniversary with extra savings at the Advance online store,” says Advance president Gary Cravens.
March 08
11:29
2017
HEICO Corp. agreed to acquire 80.1% of the operating units of Air Cost Control (“A2C”).
March 07
14:05
2017
Gains were driven by the contribution of Herndon’s military aftermarket business and increased aircraft maintenance activity.
March 07
10:17
2017
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.
March 06
12:43
2017
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.
March 03
01:23
2017
Apex became a licensee on February 20, 1967, when the two companies were known as Camcar Screw & Manufacturing Co. and Apex Machine & Tool.
March 02
00:01
2017
Founded in 1948, Wrentham provides fastener tooling and gage technology.
March 01
05:46
2017
Proferred products include hand tools, adhesives, cable ties, gloves, safety glasses and vests.
February 28
13:06
2017
Results boosted by incremental sales related to the November 2015 acquisition of a machined components facility in Arizona.
February 27
11:31
2017
Precision Threaded Products has manufactured aerospace fasteners since 1940.
February 24
00:58
2017
LISI AEROSPACE division performed well in the "Fasteners in Europe" segment, with strong growth due to the implementation of new contracts.
February 23
11:36
2017
“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.
February 22
11:33
2017
“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.
February 17
14:23
2017
Partnership will allow EMCO to supplement its wider range of industrial products with MCF's expertise in the specialty fastener industry.
February 15
10:17
2017
The International Fastener Machinery & Suppliers Association meets in conjunction with Wire.
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.
February 13
00:46
2017
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.
