Global Fastener News

FIN SURVEY

Comments from End of 2009 FIN Survey Participants

January 22
00:00 2010

FIN SURVEY “The strong survived and will be better positioned to be more profitable.” “For those of us who have...

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Manufacturers: Record Low Statistics

January 22
00:00 2010
  Manufacturers: Record Low Statistics

FIN SURVEY At what percent of capacity did you operate at in 2009? At 59.3% manufacturers’ 2009 Operating Capacity was...

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Fastener Prices Stable – For Now

January 22
00:00 2010
  Fastener Prices Stable – For Now

FIN SURVEY Nearly six in 10 fastener companies reported stable prices in 2009, while 19.5% said prices fell an average...

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Economic Confidence Edges Up

January 22
00:00 2010
  Economic Confidence Edges Up

FIN SURVEY Though still below averages of recent years, the economic confidence of fastener executives edged up at the end...

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No Pay Raises at Most Fastener Firms

January 22
00:00 2010

FIN SURVEY More than three quarters of FIN Survey participants reported their company did not give pay raises in 2009....

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Layoffs Prevalent in 2009

January 22
00:00 2010
  Layoffs Prevalent in 2009

FIN SURVEY More than 65% of fastener companies participating in the End of 2009 FIN Survey reported layoffs in 2009, including...

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Distributor Margins Flatten

January 22
00:00 2010
  Distributor Margins Flatten

FIN SURVEY Distributor inventory turns continued to decline in 2009, with the inventory index dropping 23% to 3.2 from 4.2...

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Capital Investment Continues Decline

January 22
00:00 2010

FIN SURVEY For the fifth straight year, the level of capital investment in the fastener industry continued to drop during...

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FIN Company Performance Index Drops

January 22
00:00 2010

FIN SURVEY Please rate your company’s current performance, with 10 as record growth and profits and 0 as bankruptcy. The FIN...

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Political Confidence Edges Down

January 22
00:00 2010
  Political Confidence Edges Down

FIN SURVEY Confidence in the White House and U.S. Congress on business issues slipped again at the end of 2009...

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Cost Index Declines For Third Straight Year

January 22
00:00 2010

FIN SURVEY Costs moderated last year as the global economy sought footing to stage a recovery. Nearly 50% of survey...

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Japan Power Fastening Sales Slip

February 05
00:00 2009

Jason Sandefur Japan Power Fastening Co. reported sales dropped 3% to 10.6 billion yen (US$118.4 million) during 2008, down 300...

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FIN SURVEY: Fourth Quarter 2008 Orders Plunge

February 04
00:00 2009

Jason Sandefur Nearly 70% of fastener companies saw orders drop in the final quarter of 2008, including 40% of fastener...

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2009 Fastener Fair Stuttgart Moves to New Convention Center at Airport

February 04
00:00 2009

John Wolz The 2009 Fastener Fair Stuttgart will move to the new Stuttgart Trade Fair Centre adjacent to the airport....

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CFIA Asks China to Appeal EU Fastener Tariffs to WTO

February 04
00:00 2009

John Wolz The China Fastener Industry Association issued a statement expressing its “strong indignation” toward the European Union’s anti-dumping tariffs...

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FIN SURVEY: Fastener Profits Drop Amid Sales Gains

February 04
00:00 2009

Jason Sandefur About 50% of fastener companies participating in the End of 2008 FIN Survey reported sales growth during 2008,...

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FIN SURVEY: Cost Index Continues Decline in 2008

February 04
00:00 2009

Jason Sandefur After holding steady for two straight years, the rate of cost increases dropped in 2008, with 59% of...

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FIN SURVEY: Indicators for 2009

February 04
00:00 2009

Jason Sandefur Fastener Prices More than four in 10 fastener companies plan price cuts in the first six months of...

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FIN SURVEY: Top Problems Of 2008

February 04
00:00 2009

John Wolz The rise in the cost of steel and fasteners, the ability to pass along price increases and then...

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FIN SURVEY: Manufacturers: 70% Say Q4 Orders Down, 38% Predict Prices Cuts

February 04
00:00 2009

Jason Sandefur Fastener manufacturers reported fourth-quarter orders fell, with 70% of participants recounting projections. Nearly 20% of manufacturers said Q4...

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