Global Fastener News

Global Fastener News

    Trump Tariffs Prompt Immediate Fastener Price Hikes

Trump Tariffs Prompt Immediate Fastener Price Hikes

September 20
16:49 2018

“Section 301 tariffs act as a tax, and effective immediately, the replacement costs of all of BBI’s imports of affected items will have increased by 10%. As a result, we have increased our pricing respectively to absorb the cost increase,” Brighton-Best International stated in a letter to customers dated September 18.

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News Briefs

Bufab Reports Strong Growth and Improved Margin

September 25
12:08 2018

“We need to strengthen our gross margin through further price increases,” noted CEO Jörgen Rosengren.

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Headlines
    Riggs: 232 Tariff Process is Like ‘Fox Guarding The Henhouse’

Riggs: 232 Tariff Process is Like ‘Fox Guarding The Henhouse’

August 27
23:49 2018

“Normally you find your injury, you file a case with the World Trade Organization, and they investigate,” Riggs explained to attendees of Pac-West’s autumn meeting in Whitefish, MT. “Currently, we have skipped the WTO and done our own investigation.”

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    Fastener Materials: A Closer Look at Low Carbon Steel

Fastener Materials: A Closer Look at Low Carbon Steel

September 25
14:50 2018

When taking the first step into finding fastening solutions, your biggest consideration will be what type of material will be required for the application.

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Product News
    Next Generation Composite Electric Buses Ride with Optimas Fasteners

Next Generation Composite Electric Buses Ride with Optimas Fasteners

August 21
17:12 2018

Composite modular chassis construction is more often associated with the racetrack than catching the bus home. Now, the push towards greater efficiency means weight saving technologies from racing cars are filtering down to public transport.

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Related News
    U.S. Ports Fear Tariffs Could Reduce Ship Traffic and Jobs

U.S. Ports Fear Tariffs Could Reduce Ship Traffic and Jobs

September 04
16:29 2018

Port executives worry that tariffs could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade, Industrial Distribution reports.

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