“In Asia, where the impact of the COVID-19 pandemic was most evident in the first quarter, we are seeing the first signs of market normalization, primarily in China,” the company stated.
Tag "bossard"
February 04
06:54
2020
Bossard has held a 60% stake in the Oslo, Norway-based specialty fastener supplier since January 2015.
January 14
11:14
2020
“Increasingly difficult economic conditions” included a slowdown in the industrial sector as well as a “significant” change in the product mix at Tesla with the third model series.
October 10
21:50
2019
“The effects of the trade dispute between the USA and China are becoming increasingly tangible in Asia,” the company stated.
July 17
14:19
2019
Facility includes offices, a design center, and an ISO Class 5 Clean Room.
May 20
23:10
2019
The Switzerland-based company described the business environment in the U.S. as “difficult,” with sales declining 10.9% to CHF 53.8 million (-11.8 percent in local currency).
May 14
14:35
2019
Bossard credits the broad diversification of industrial segments it supplies as supporting the Group’s growth stability, Fastener + Fixing Magazine reports.
March 11
07:46
2019
“In the fourth quarter, our business in America and Asia grew by double-digits, exceeding expectations,” the company stated. “The demand in the European markets slowed down at a high level.”
January 25
18:48
2019
Half of almost 1,000 automotive industry decision makers surveyed in Europe, Asia, and the Americas believe battery electric vehicles are the No. 1 trend in their sector, up from the No. 3 spot in 2016 (and up from the No. 9 spot in 2015), according to KPMG’s Global Automotive Executive Survey 2017.
November 14
06:02
2018
Linquan Precision is a PennEngineering authorized distributor with experience in fastening technology for the electronics, tele- and data-communication, automotive, and medical equipment markets.
November 08
10:51
2018
Bossard already announced partnerships with three 3D printer manufacturers in early 2018, when the Bossard Group took over the representation and distributorship of these companies for the Swiss market.
October 22
01:34
2018
Increased sales “due to increased demand from the largest U.S. electric vehicle manufacturer” (Tesla).
July 12
20:30
2018
Strong growth delivered by “high growth in sales” in Europe and Asia.
June 27
12:53
2018
Hilgers, 52, will take over for Dr. Daniel Bossard, who becomes the Group’s new CEO next year.
April 16
02:45
2018
“In particular, we would like to clarify that the bolts in the power steering component affected by a recall were not supplied by Bossard.”
April 12
15:17
2018
“Business with the largest US electric vehicle manufacturer (Tesla) was less dynamic in the first quarter,” Bossard stated. “In spite of higher production volumes, sales remained at the previous year’s level, mainly due to a change in product mix.”
February 01
11:23
2018
Daniel Bossard is in the seventh generation Bossard family, which founded the company in 1831 as a local hardware store in Züg, Switzerland.
January 16
12:06
2018
"Solid" sales performance included double-digit growth rates in Europe, North America, and Asia. Bossard said it made “great strides” in North America, with sales up 18.4%, “attributable to both organic growth as well as acquisitions.”
October 30
02:41
2017
“In America, Bossard continues to benefit from the cooperation with the largest US electric vehicle manufacturer as well as the turnaround in demand from the second major customer, a company in the agricultural technology sector.”
September 25
11:03
2017
Bossard Group consolidated sales during the first half of 2017 rose 15% to CHF 395.1 million (US$408.8 million), which included organic growth of 9.5%, according to Fastener + Fixing Magazine.
