Sales to manufacturing customers gained 1.3%, while sales to non-residential construction customers declined 1%.
NEWS BRIEFS
December 06
12:09
2016
“The increase in sales combined with favorable raw material prices resulted in improved margins,” the company stated.
October 26
10:06
2016
SFC Zachary Allan Bannister, 33, of Ohio was killed in the line of duty on October 17, 2016, while serving as a member of Alpha 3236, Company C, 2nd Battalion, 3rd...
October 14
10:39
2016
“Changing a coating has a tremendous impact on the performance of a fastener,” Carmen Vertullo of Carver Consulting told members of the Pacific-West Fastener Association.
October 05
16:50
2016
“Manufacturing Day truly dispels old, negative myths about manufacturing and highlights the shift from a labor-intense environment to one of high-tech, robotics and computers,” said panelist Chris Kuehl observed. “The open houses help eliminate images people may have of dirty, dangerous factories from days of yore.”
September 24
20:12
2016
Stanley has established a “breakthrough innovation” group to identify the next big thing in automotive fasteners, according to AdvancedManufacturing.org.
September 24
20:12
2016
Hagan, a consultant specializing in advising fastener companies on acquisitions, said 2015 was “the most active year for deal-making over the past eight years.”
September 22
20:12
2016
“As much as $14 billion worth of cargo stranded at sea, sending its owners scurrying to try to recover their goods and get them to customers," the Wall Street Journal reports.
September 22
20:12
2016
FDI proved “materially higher, as overall results bounced back nicely from a notably weak July,” wrote independent analyst Charles Redding.
September 22
20:12
2016
Rhode Island plant for Groov-Pin Corp. received a Level 1 Polaris MEP Manufacturing Innovation Challenge award.
September 22
20:12
2016
9/6/2016 11:36:00 AM NEWS BRIEFS Italy’s Agrati Acquires Continental-Midland + click to enlarge Italy’s A. Agrati S.p.A. acquired ContMid Holdings, Inc. from equity firm Monomoy Capital Partners for an undisclosed...
September 22
20:12
2016
9/8/2016 10:26:00 AM NEWS BRIEFS August Fastener Sales Down at Fastenal + click to enlarge Fastenal Co. reported daily fastener sales dropped 4.1% in August, while sales of other products...
September 22
20:12
2016
9/6/2016 11:36:00 AM NEWS BRIEFS Italy’s Agrati Acquires Continental-Midland + click to enlarge Italy’s A. Agrati S.p.A. acquired ContMid Holdings, Inc. from equity firm Monomoy Capital Partners for an undisclosed...
September 22
20:12
2016
9/7/2016 1:08:00 AM NEWS BRIEFS Metric & Multistandard’s SW Branch Marking 40th + click to enlarge Metric & Multistandard Components Corp. is marking the 40th anniversary of its Southwest location....
September 22
20:12
2016
8/19/2016 6:10:00 PM NEWS BRIEFS Bulten Signs Contract with Russian Auto Maker + click to enlarge Bulten signed another contract to supply fasteners to a Russian vehicle manufacturer. The annual...
September 22
20:12
2016
8/23/2016 10:30:00 AM NEWS BRIEFS Tacoma Screw Products Opens 19th Branch + click to enlarge Tacoma Screw Products plans to open a branch in Wenatchee, WA. The site will be...
September 22
20:12
2016
8/24/2016 11:33:00 AM NEWS BRIEFS KLX Revenue Declines Despite Acquisitions + click to enlarge KLX Inc. – the former Consumables Management segment of B/E Aerospace – reported consolidated sales –...
September 22
20:12
2016
8/25/2016 10:23:00 AM NEWS BRIEFS Lindstrom Names New Inside Sales Manager + click to enlarge Lindstrom promoted Shane Longen to inside sales manager for the company’s Minnesota division. “Shane has...
September 22
20:12
2016
8/12/2016 NEWS BRIEFS Grainger Reports Lower Organic Sales + click to enlarge Grainger reported sales, including fasteners, increased 3% in July of 2016. The sales growth included a 4 percentage point...
September 22
20:12
2016
8/10/2016 11:04:00 AM NEWS BRIEFS Advance Components Launches Online Store + click to enlarge Advance Components launched a newly designed website with the Advance online store. Online store customers will...
