Strong fastener sales growth in March drove first quarter fastener sales to 1.1% growth after seven consecutive flat or declining quarters.
Global Fastener News

Amid escalating trade tensions, some Chinese exporters are ditching shipments mid-voyage and surrendering containers to shipping companies to avoid crushing tariff costs.

Since 2017 when the Section 232 tariffs were first considered, the Industrial Fasteners Institute has argued that tariffs on raw material imports harm downstream manufacturers and consumers, while only providing short-term relief to U.S. metals producers.

Kaohsiung officials want Taiwan’s fastener manufacturing sector designated as an “impacted industry” for special government assistance to reduce impacts of new U.S. tariffs.

Automation and lean manufacturing are reshaping automotive assembly lines, demanding fasteners tailored to robotic precision.

Automaker follows Tesla’s lead to reduce parts expenses by 10% and save a billion dollars in development costs.