Global Fastener News

HEADLINES

IFE Returns to Mandalay Bay for 2018

August 07
18:36 2018

International Fastener Expo events begin on Tuesday, October 30, 2018. The trade show will be 9am to 4pm on Wednesday and Thursday. Advance discount registration ends September 15.

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Machinery Expo Returning in 2019 In Conjunction With InterWire

August 07
18:27 2018

The International Fastener Manufacturing Exposition will be May 14-16, 2019, in Atlanta.

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SHORTTAKES: Automated Packaging Systems, Earnest Machine, Hahn Systems, Innovative Componets, Vlier Products

August 07
18:22 2018

Automated Packaging Systems was recognized by Crain’s Cleveland Business as one of Northeast Ohio’s largest privately-held companies, ranking #28 on the Top 50, based on annual revenue. Automated Packaging’s #28...

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Fasteners Targeted in Latest U.S. Tariffs Against China

July 16
23:49 2018
    Fasteners Targeted in Latest U.S. Tariffs Against China

The White House is considering additional tariffs of 10% on $200 billion worth of Chinese exports, including fasteners. If implemented, this third round of Section 301 tariffs would begin in September.

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H1 FINdex Keeps Pace with Other Industrial Stocks

July 16
23:09 2018
    H1 FINdex Keeps Pace with Other Industrial Stocks

In a quarter pre-occupied by multiple rounds of international tariffs, companies with fastener businesses faced uncertainty in their global supply chains.

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EU Panelists: Wire Rod Prices Up Worldwide

July 16
22:30 2018
    EU Panelists: Wire Rod Prices Up Worldwide

European wire rod costs rose by around EUR 100/ton in the first quarter 2018, following a similar level of increase in 2017.

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June Fastener Distributor Index ‘Surges’

July 16
22:00 2018

After four straight months of decline, the FDI regains its footing amid pricing gains and a stronger outlook for the coming months.

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G.L. Huyett Acquires AZ Lifting Hardware

July 16
21:39 2018

“We now have a warehouse located in the Southwest, allowing us to reduce freight costs to the West Coast for G.L. Huyett products, as well as plans to dispatch lifting hardware to our Tennessee Warehouse to reduce freight costs for customers on the East Coast,” stated CEO Tim O’Keeffe.

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Acument Names 33 Award Winning Torx Manufacturers

July 16
19:17 2018

There are 25 fastener manufacturers and eight drive tool manufacturers from eight countries for 2017.

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SHORTTAKES: American Elite, Bossard, Click Bond, Phillips Screw, PPG and Ship & Shore Environmental

July 16
13:12 2018

Cable tie manufacturer American Elite Molding is marking the 20th anniversary of its founding as Bay State Cable Ties in Massachusetts in 1998. Today American Elite produces 1.5 billion cable...

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Fastener Industry Scores Win in Trade ‘War’ with China

June 18
22:18 2018
    Fastener Industry Scores Win in Trade ‘War’ with China

Steel and iron nuts (HS code 73181600) were excluded from a list of Chinese products subject to a 25% tariff by the Trump administration under Section 301 of the Trade Act of 1974.

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MWFA Panel: No Chance Fastener Prices Dropping

June 18
21:24 2018
    MWFA Panel: No Chance Fastener Prices Dropping

“Panic buying” among problems Kerr, Cincinello, Herbst and Hunt discuss at Mid-West Fastener Association meeting.

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IFI Names Walker as 8th Managing Director

June 18
20:59 2018
    IFI Names Walker as 8th Managing Director

Dan Walker, PE, has engineering and association management experience.

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Cole, Zehnder Head NFDA for 2018-2019

June 18
20:45 2018
    Cole, Zehnder Head NFDA for 2018-2019

Kelly Cole of Hayes Bolt & Supply calls for “breaking down the ‘fragmentation’ of so much of the fastener community.”

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Kerr Lakeside Marking 70th Anniversary

June 18
20:00 2018

Today the family-run manufacturer now managed by the third and fourth generations.

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Fastenal Plans Mississippi Facility

June 18
19:46 2018
    Fastenal Plans Mississippi Facility

129,000 sq ft distribution center in Madison County, MS, to cost $11.5 million.

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IFE Unveils Dates & Venue Through 2020

June 18
19:22 2018

“Securing the right venue at such an ideal time, multiple years ahead is very challenging in Las Vegas,” said Karalynn Sprouse, executive VP of Emerald Expositions.

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Fastener Fair USA ‘Successful’

June 18
18:30 2018

Show management declared the first Fastener Fair USA “successful” and announced rounded-off figures of 2,000 registrants attending and 250 exhibiting companies from 20 countries.

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200 Companies Booked for 2018 Fastener Fair Italy

June 18
17:39 2018
    200 Companies Booked for 2018 Fastener Fair Italy

More than 200 exhibiting companies from 14 countries have booked space for the 2018 Fastener Fair Italy.

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Beaulieu at NFDA: 2018 Is A Year For Spending

June 18
17:33 2018

This is a time to “borrow and invest in inflation-beating investments such as new product lines or opening in a new geographic territory, Beaulieu suggested. “Lock in your lease.”

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