Global Fastener News

HEADLINES

Fastener Fair Stuttgart Adding Adhesives for 2019

May 29
01:16 2018
    Fastener Fair Stuttgart Adding Adhesives for 2019

UK-based Mack Brooks Exhibitions announced more than 700 companies from 38 countries have booked booths for the March 19-21, 2019, trade show in Germany. So far, 85% of total space is reserved.

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IFE Seeks Nominations for Hall of Fame & YFP Awards

May 29
00:58 2018

Deadline for nominations is June 30, 2018.

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FDI Drops For 3rd Straight Month

May 29
00:43 2018
    FDI Drops For 3rd Straight Month

Qualitative commentary on market conditions was very positive regarding demand, while steel tariff impacts remain a topic of heavy discussion among respondents.

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Trump Delays Tariffs For Allies

May 08
15:03 2018
    Trump Delays Tariffs For Allies

White House trade adviser Peter Navarro said every country granted an exemption from the tariffs will face an import quota and other restrictions. He also indicated that this extension is the last one Trump will grant.

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U.S. Placing Tariffs on Wire Rod Imports

May 08
12:00 2018
    U.S. Placing Tariffs on Wire Rod Imports

Commerce will issue AD duty orders on imports of carbon and certain alloy steel wire rod from Italy, Korea, Spain, Turkey, and the UK, and countervailing duty orders on imports of this product from Italy and Turkey.

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SFA Panel: U.S. Tariffs 
Hiking Steel Prices

May 08
11:10 2018
    SFA Panel: U.S. Tariffs 
Hiking Steel Prices

Southwestern Fastener Association panelists agreed steel tariffs are not creating jobs – just price increases.

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Vertullo: Is Your Company A Lawsuit Target?

May 08
04:07 2018
    Vertullo: Is Your Company A Lawsuit Target?

While there are no recorded incidents of fastener workers regarding the California Prop 65 chemicals and no suits in fastener workplaces, Carmen Vertullo suggested “looking at your company as a target for a lawsuit.”

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Boeing To Acquire KLX For $4.25 Billion

May 08
03:16 2018
    Boeing To Acquire KLX For $4.25 Billion

“Our customers have long desired a supplier who could offer essentially 100 percent of their requirements for fasteners, consumables and expendables,” stated KLX CEO Amin Khoury.

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MSC Industrial Acquires AIS For $86 Million

May 08
02:51 2018

Franksville, WI-based AIS distributes industrial fasteners and components, MRO supplies and assembly tools for commercial and consumer products.

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MW Industries Acquires LaVezzi Precision

May 08
01:53 2018
    MW Industries Acquires LaVezzi Precision

“LaVezzi Precision has a proven history of providing innovative medical component solutions to address demanding customer requirements,” stated MW Industries CEO John Bagnuolo.

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Harris Returns to IFI As Interim Director

May 08
01:10 2018

Industrial Fasteners Institute board and selection committee agreed to “separate” with managing director of just four months.

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FDH Acquires Blue Sky Industries

May 08
01:04 2018

Fastener Distribution Holdings (FDH), a portfolio company of Audax Private Equity, acquired Blue Sky Industries, a Monterey Park, CA-based distributor of C-class parts to aerospace and defense MRO and OEM customers.

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IFI Honors Harris, Lawler With Soaring Eagle Awards

May 08
00:17 2018
    IFI Honors Harris, Lawler With Soaring Eagle Awards

For 23 years, Harris was the Industrial Fasteners Institute’s sixth managing director. Technology award goes to Lawler, engineer and leader on material, product, and process standardization committees.

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SHORTTAKES: Birmingham Fastener, Centennial Bolt, Innovative Components, Earnest Machine, Shannon Precision Fasteners and Würth Timberline

May 08
00:03 2018

Birmingham Fastener and Supply Inc. won the 2018 Alabama Manufacturer of the Year award in the medium category. The award is given by the Business Council of Alabama and the...

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Trump Tariffs Squeezing U.S. Fastener Manufacturers

April 16
18:15 2018
    Trump Tariffs Squeezing U.S. Fastener Manufacturers

Higher prices and a ‘burdensome’ exclusion process fuel uncertainty, according to the Industrial Fasteners Institute's Washington representative Jennifer Baker Reid.

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Matten: European Fastener Demand Strong

April 16
09:32 2018
    Matten: European Fastener Demand Strong

Even Great Britain’s ‘Brexit’ has not dampened manufacturing, veteran fastener editor tells Fastener Fair USA conference.

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FINdex Achieves Muted Q1 Performance

April 16
05:29 2018
    FINdex Achieves Muted Q1 Performance

Q1 was “a period when investors experienced a dizzying series of record highs, followed by a dramatic collapse and the return of long-dormant volatility,” according to MarketWatch.

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U.S. Finds Dumping & Subsidization of Steel Wire Rod

April 16
04:43 2018
    U.S. Finds Dumping & Subsidization of Steel Wire Rod

The Commerce Department determined that exporters from Italy, Korea, Spain, Turkey, and the UK are dumping carbon and alloy steel wire rod in the U.S.

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Endries Int’l Acquires Branam Fastening

April 16
04:21 2018
    Endries Int’l Acquires Branam Fastening

Founded in 1986 by Terry Delia, Branam supplies fasteners to OEM and distribution markets in the U.S.

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SWK Completes $440m Nelson Fastener Acquisition

April 16
03:48 2018
    SWK Completes $440m Nelson Fastener Acquisition

Elyria, OH-based Nelson Fastener Systems manufactures fasteners for the aerospace, automotive, construction, energy, industrial, marine and military markets.

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