Global Fastener News

FIN STOCK REVIEW

Hagan: 2016 Most Active Year for Fastener Acquisitions

May 31
23:20 2017
  Hagan: 2016 Most Active Year for Fastener Acquisitions

Richard Hagan counted 49 fastener company acquisitions worldwide in 2016, making it the highest annual number in his 19 years of monitoring the industry’s transactions.

Read Full Article

FIN Stock: ARCONIC

May 31
23:15 2017

Overall results for Arconic, which includes Alcoa’s former $1.8 billion Fastening Systems and Rings business, included a net loss of $900 million on income of $12.4 billion in 2016.

Read Full Article

FIN Stock: BOSSARD

May 31
23:10 2017

In 2017, Bossard Americas celebrated the grand opening of its Silicon Valley-based Bossard Design Center, a 10,000 sq ft fastener design and testing facility located 20 miles east of the largest U.S. electric vehicle manufacturer, Tesla.

Read Full Article

FIN Stock: CARPENTER TECHNOLOGY

May 31
23:05 2017

“All Aerospace sub-markets generated growth, except fasteners, which continues to be impacted by inventory channel adjustments,” the company stated.

Read Full Article

FIN Stock: CHICAGO RIVET

May 31
23:00 2017

“In addition to the increase in sales during 2016, our margins benefited from lower raw material prices compared to the year earlier period.”

Read Full Article

FIN Stock: DORMAN PRODUCTS

May 31
22:55 2017

“We are pleased to announce another successful year highlighted by record sales and earnings,” stated CEO Matt Barton.

Read Full Article

FIN Stock: EACO (Bisco Industries)

May 31
22:50 2017

Bisco Industries opened three new sales facilities in fiscal 2016.

Read Full Article

FIN Stock: FASTENAL

May 31
22:45 2017

Fastenal Co. reported fastener sales, which represented 35.6% of net sales in the first quarter of 2017, grew 0.8% to $373.8 million during the period.

Read Full Article

FIN Stock: GRAINGER

May 31
22:40 2017

Grainger plans to invest $273 million in a new distribution center in Louisville, KY — one of the major logistics hubs in the U.S.

Read Full Article

FIN Stock: ITW

May 31
22:35 2017

In January 2016, ITW announced a deal to acquire the global automotive Engineered Fasteners and Components business of ZF TRW for $450 million.

Read Full Article

FIN Stock: KLX

May 31
22:30 2017

In May 2016, KLX acquired Herndon Aerospace & Defense, a supply chain management and consumables hardware distributor serving the military depot aftermarket, as well as the commercial aerospace aftermarket.

Read Full Article

FIN Stock: LAWSON PRODUCTS

May 31
22:25 2017

“Our business improved as 2016 came to a close,” stated CEO Michael DeCata.

Read Full Article

FIN Stock: MSC INDUSTRIAL

May 31
22:20 2017

“Most of our customers continue to express an improving outlook, particularly those in our core metalworking market,” stated CEO Erik Gershwind.

Read Full Article

FIN Stock: NUCOR

May 31
22:15 2017

“Earnings in the first quarter of 2017 were the highest Nucor has had in recent years, and we expect earnings in the second quarter of 2017 to improve.”

Read Full Article

FIN Stock: PARK-OHIO

May 31
22:10 2017

“Most economic indicators suggest modest organic growth in the industrial sector for 2017,” stated CEO Edward Crawford.

Read Full Article

FIN Stock: SIMPSON MFG

May 31
22:05 2017

Sales in North America grew 10% to $742 million in 2016, while sales in Europe gained 3% to $111.3 million.

Read Full Article

FIN Stock: STANLEY BLACK & DECKER

May 31
22:00 2017

“Engineered Fastening’s organic revenues declined 2%, as solid growth within the global automotive business was more than offset by weaker electronics volumes.”

Read Full Article

FIN Stock: TRIMAS

May 31
21:55 2017

Aerospace segment comprised of the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners and Martinic Engineering.

Read Full Article

FIN Stock: WESCO AIRCRAFT

May 31
21:50 2017

Full-year net sales declined to $1.48 billion, while operating income improved to $159 million and net income increased to $91.4 million.

Read Full Article

FIN Stock: WÜRTH

May 31
21:45 2017

In 2016, Würth made large investments in its e-business activities.

Read Full Article

Register for our Mailing List

Sign up now to receive valuable weekly news about the fastener companies, people, and trends impacting the industry. REGISTER NOW
error: Content is protected !!