Global Fastener News

HEADLINES

SHORTTAKES: BBI, G.L. Huyett, Kerr Lakeside, Lindstrom, Sherex, WINA and Wyandotte Industries

February 01
00:16 2018

Brighton-Best International promoted Frank Garza as Texas regional warehouse manager. “Frank has been a valuable part of our sales team (and) will continue his growth in his new position,” BBI...

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Aerospace Lifts FINdex in 2017

January 08
20:02 2018
    Aerospace Lifts FINdex in 2017

During 2017, aerospace led the way, with aerospace fastener supplier KLX - the former B/E Aerospace fastener division - achieving a 51% increase in share price, driven by sales to commercial aerospace manufacturing customers.

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China Fastener Exports Top $4 Billion

January 08
08:39 2018

Manufacturers in China exported 2.36 million tons of fasteners during the first 10 months of 2017, according to Customs data compiled by ChinaFastener.Info.

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Würth Group Acquiring Liqui Moly

January 08
07:15 2018
    Würth Group Acquiring Liqui Moly

Würth intends to run the manufacturer of high-quality lubricants, engine oils, additives and other vehicle care products as an autonomous company with an independent brand within the Würth Group.

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PERSPECTIVE: Why Germany Still Succeeds in Manufacturing

January 08
06:53 2018
    PERSPECTIVE: Why Germany Still Succeeds in Manufacturing

Founded in 1932, Schmittenberg Metal Works supplied weld nuts for the first Volkswagen Beetle. Today the German manufacturer stamps out parts by the millions for the world’s automotive industry.

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NFDA, Pac-West Office Moving

January 08
05:25 2018

The two associations move a couple miles to Seal Beach, CA.

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Cold Heading Center Receives $20k Gift from IFI & FEF

January 08
03:16 2018
    Cold Heading Center Receives $20k Gift from IFI & FEF

College will use the donation, which was made December 8, to pay for instructional materials, machinery maintenance, student recruitment and marketing.

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FDI Moderates in November

January 08
02:35 2018
    FDI Moderates in November

“In the November survey, 50% of respondents indicated sales were “better” relative to seasonal expectations – down vs. a record 73% in October but nevertheless still much improved vs. average 2016 levels (31%).”

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KLX Exploring “Strategic Alternatives”

January 08
01:40 2018

Company has retained Goldman Sachs & Co. as financial advisor and Freshfields Bruckhaus Deringer US LLP as legal advisor to assist in its review.

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Earnest Machine Marks 70th Anniversary

January 08
01:13 2018
    Earnest Machine Marks 70th Anniversary

“To define our future, we only need to look to our past,” president Kirk Zehnder said. “My grandfather, Paul Zehnder, founded the company in 1948 with the idea to ‘put the needs of the customer first’.”

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Wishnew, Henry Lead MWFA in 2018

January 08
00:23 2018

Founded in 1946 as the Chicago Bolt, Nut & Screw Association, the organization became MWFA in 2004.

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SHORTTAKES: AFT Fasteners, Beacon Fasteners, BBI, EFC Int’l, G.L. Huyett and Grainger

January 08
00:01 2018

AFT Fasteners & Industrial Supply has moved to a larger location. The new address is 204 South 6th Ave., Mansfield, TX 76063. Founded in 1984, AFT Fasteners distributes fasteners and...

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Fastener Sales Steadily Increase at Fastenal

December 12
17:40 2017
    Fastener Sales Steadily Increase at Fastenal

After months of decline, Fastenal Co. fastener sales are achieving double-digit growth in 2017.

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Cordless, Safety, Productivity Trends in 2018

December 12
06:37 2017

In his Associate State-of-the-Industry address, Joe Smith of Metabo Power Tools / North America said “revolutionary technological innovation & development are driving the cordless trend.”

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Leahy at STAFDA: Leaders Are Raised, Not Born

December 12
05:13 2017
    Leahy at STAFDA: Leaders Are Raised, Not Born

STAFDA president got first career job by offering to work one week for free.

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IFE & STAFDA Overlap in 2018

December 12
04:31 2017
    IFE & STAFDA Overlap in 2018

STAFDA will be Sunday, Monday & Tuesday in Phoenix; IFE is Tuesday, Wednesday & Thursday in Las Vegas.

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Hodell-Natco Acquires Davco Fastener

December 12
03:24 2017

Hodell-Natco president Kevin Reidl – the 2013-14 president of the National Fastener Distributors Association – views the acquisition as the perfect step in Hodell-Natco’s growth strategy.

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St. John, Baird Lead STAFDA for 2018

December 12
02:26 2017

Auburn, Washington, distributor becomes first woman president of the association founded in 1976.

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Avrin to STAFDA: Look at Reviews of Your Company

December 12
02:05 2017
    Avrin to STAFDA: Look at Reviews of Your Company

“You have to be known as the best choice in the marketplace for something. Otherwise the decision is just price,” consultant Arvin told a Specialty Tools & Fasteners Distributors Association seminar.

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Employees Still Need to Know Their Jobs

December 12
01:20 2017

Chester opened his presentation with the story of Bob Knopps, who wound wire for 59 years until retiring in 2009. “That doesn’t happen anymore,” Chester noted.

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