The Swedish fastener manufacturer said the move provides it a “modern and fully integrated plant with cold forming, heat treatment and surface treatment,” making Bulten one of the few fastener suppliers in China that controls all steps in the manufacturing process in-house.
Tag "automotive"
August 08
16:01
2019
Ongoing trade disputes and higher steel prices from tariffs cause double-digit declines in sales and profit.
May 09
11:57
2019
“We have experienced increases in steel prices and other materials over the past year that have negatively impacted our gross margins and remain a concern as further increases are expected.”
March 21
12:56
2019
The company said fastener segment sales reflected growth in each quarter, with much of that growth coming from non-automotive customers.
November 07
13:57
2018
“In addition to higher raw material prices, we have also incurred higher than expected wages in the current year due to the tight labor market.”
May 06
15:28
2018
“Improvement in automotive sales and the addition of a number of non-automotive customers in the second half of 2017 contributed to the revenue increase in the first quarter.”
March 20
04:13
2018
Select 2014-18 Ford Fusion and Lincoln MKZ vehicles recalled "for loose steering wheel bolts that could lead to a steering wheel detaching from steering column."
January 04
10:48
2018
New welding method could make next generation metals more viable for the aerospace and automotive industry, MnetNews reports.
November 28
15:44
2017
Prior to joining Autocraft in 2012, the fastener industry veteran held executive roles at Heads & Threads International, Brighton Best International, and Brighton Best Socket Screw Mfg.
November 27
05:02
2017
The EksoVest is commonly used by workers using drill and impact drivers, torque wrenches, and paint sprayers, according to Ekso Bionics.
November 16
12:21
2017
The San Luis Potosi plant enables the company to expand its business in Central America by producing and shipping locally.
August 09
12:12
2017
"Based on the current economic environment, we don’t believe overall business conditions during the second half of the year will be markedly different from those of the first half."
August 03
11:42
2017
“We see good opportunities to continue to grow the business and increase our market share,” stated CEO Tommy Andersson.
August 02
11:32
2017
The 15% drop last month for GM was its steepest since May 2016, and neither Ford nor Fiat Chrysler fared much better. As one analyst told Industry Week, “You can’t jawbone the economy.”
July 12
13:07
2017
A visit to the country’s Bajío region finds a thriving car ecosystem, according to a report published by the MIT Technology Review.
July 05
12:25
2017
After a prolonged recovery that culminated in two years of record sales, the American auto industry is slowing down, the New York Times reports.
May 22
21:57
2017
The Bossard Design Center (BDC) is a 10,000 sq ft fastener design and testing facility located 20 miles east of the largest U.S. electric vehicle manufacturer, Tesla.
February 17
00:01
2017
Automakers are reducing weight and improving fuel efficiency by pushing the limits of high strength steels, according to Salim Brahimi, Director of Engineering Technology at the Industrial Fasteners Institute.
December 19
12:52
2016
GM says it had more than 874,000 cars, trucks and crossovers in its inventory at the end of November — the most it has had in its U.S. stock in eight years, when vehicles went unsold during the Great Recession, the Detroit News reports.
July 13
23:36
2016
“Automotive is the fastest-growing sector and the most demanding,” stated executive chairman Malcolm Diamond. “Model changes and electric vehicles and the new battery factories to support these are all fastener rich opportunities.”
