Global Fastener News

HEADLINES

SHORTTAKES: American Elite Molding, AutoCraft USA and United Performance Metals

December 12
00:24 2017

American Elite Molding was named 2017 Florida Manufacturer of the Year by the Manufacturers Association of Florida. The nylon cable tie manufacturer was chosen for the medium (101-250 employees) category....

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Obituary: Bill Hayes

December 12
00:12 2017

He founded Hayes Bolt in San Diego in 1976 and sold the distributorship to his first employee, Suzanne Dukes, in 1980. He had started Hawaii Nut & Bolt Inc. in 1979.

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Obituary: Bobby Barnhill

December 12
00:01 2017

She became the first woman president of the Western Association of Fastener Distributors.

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UK’s Essentra Acquires Micro Plastics

December 08
02:14 2017
    UK’s Essentra Acquires Micro Plastics

Micro Plastics operates a 238,000 sq ft facility in Flippin, AR, as well as a subsidiary in Monterrey, Mexico.

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Lockard: Beware of Non-Conforming Threaded Rod

November 27
18:24 2017
    Lockard: Beware of Non-Conforming Threaded Rod

Process gives overseas manufacturers an advantage both in buying less steel to produce the product and in less weight to ship the threaded rod.

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IFI’s Harris Retiring From “Healthy Industry”

November 27
16:26 2017
    IFI’s Harris Retiring From “Healthy Industry”

As he retires, Harris sees a “healthy industry and healthy customers” for the fastener industry. “Boeing and all aerospace are booked with orders,” he pointed out. 

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Ford Testing Exoskeleton To Reduce Worker Injury

November 27
05:02 2017
    Ford Testing Exoskeleton To Reduce Worker Injury

The EksoVest is commonly used by workers using drill and impact drivers, torque wrenches, and paint sprayers, according to Ekso Bionics.

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Exhibitors: 2017 IFE Successful for 1 1/2 Days

November 27
04:15 2017
    Exhibitors: 2017 IFE Successful for 1 1/2 Days

It was the second year for Emerald Expositions and the first for a new name – International Fastener Expo – and longer hours.

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South Korea Fastener Company Plans KY Facility

November 27
03:48 2017

Construction on the 101,000 sq ft facility is slated to begin in December, with an opening planned for September 2018.

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MacLean-Fogg Names New CEO

November 27
02:44 2017
    MacLean-Fogg Names New CEO

Former CEO Barry MacLean will maintain his chairman role and will continue to lead long-term strategy, planning, and new product advocacy.

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Hillman Acquiring ST Fastening Systems

November 27
02:37 2017
    Hillman Acquiring ST Fastening Systems

Hillman said STFS's core product line of specialty fasteners fits well with Hillman's fastener portfolio.

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BBI Acquires Koala Nails and Ironclad Performance Wear

November 27
02:11 2017

Taiwan-based BBI has made several high-profile acquisitions in recent years, including NJ-based EZ Sockets in March 2015, and Porteous Fastener Co. in 2013.

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WINA Buys Weinstock Bros. of New York

November 27
01:28 2017
    WINA Buys Weinstock Bros. of New York

“With Würth House of Thread’s strong presence in the U.S. Southeast region and Central Mexico, and Weinstock Bros., Inc., located in the Northeast U.S., the acquisition will strengthen WINA’s long term logistics strategy,” stated Marc Strandquist, EVP of the Würth Group.

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Optimas Opens German Facility

November 27
01:22 2017
    Optimas Opens German Facility

"It’s vital that we invest in a network of distribution centers to ensure that all of our partners benefit from local support and expertise,” stated CEO Anesa Chaibi.

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SHORTTAKES: Click Bond, MW Aerospace Solutions, Triangle Fastener Corp., and Wrentham Tool Group

November 27
01:14 2017

Click Bond CEO Karl Hutter has been named to the National Association of Manufacturers Board of Directors. Founded in 1895, NAM is the largest manufacturing association in the U.S., representing...

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OBITUARY: Morrie Halvorsen

November 27
00:45 2017

Halvorsen was the first executive director of the Specialty Tools & Fasteners Distributors Association, serving from 1977 - 1999.

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MW Industries Acquired by American Securities

October 30
13:00 2017
    MW Industries Acquired by American Securities

Genstar Capital sold MW Industries, Inc. to affiliates of equity firm American Securities LLC in partnership with MW Industries management. Terms of the deal were not disclosed.

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Derry: Write Down Goals to Increase Odds of Success

October 30
04:30 2017
    Derry: Write Down Goals to Increase Odds of Success

IFE Hall of Fame Inductee: Less than 5% of people have written goals, but “over 80% of people who write it down accomplish it.”

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YFP Honoree Pratt: How to Manage Older Employees

October 30
04:13 2017
    YFP Honoree Pratt: How to Manage Older Employees

He started in the fastener industry in 2001 by responding to a Sherex Fastening Solutions online ad when he was 21 and the company had seven employees. That led to an ownership opportunity by the time he was 24 and Sherex growing into a global manufacturer with 170 employees worldwide will annual revenue topping $30 million.

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WIFI Honors Berry as Woman of the Year

October 30
03:44 2017
    WIFI Honors Berry as Woman of the Year

Women in the Fastener Industry also presented awards to: Friedberg, Hsieh, Bialas, Cohn and Reynolds.

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