Global Fastener News

HEADLINES

Stanley Black & Decker To Buy Nelson Fastener Systems

February 01
12:32 2018
    Stanley Black & Decker To Buy Nelson Fastener Systems

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

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Daniel Bossard Succeeds Dean As Bossard CEO

February 01
11:23 2018
    Daniel Bossard Succeeds Dean As Bossard CEO

Daniel Bossard is in the seventh generation Bossard family, which founded the company in 1831 as a local hardware store in Züg, Switzerland.

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IFI’s McCreight Knows Metals Industry From Jobs

February 01
10:32 2018
    IFI’s McCreight Knows Metals Industry From Jobs

After growing up on the streets of Cleveland, on his first day as a high school graduate McCreight walked into Fredon Corporation in Cleveland looking for a job in manufacturing.

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End of 2017 FIN Survey: Majority Say Sales Up

February 01
10:11 2018
    End of 2017 FIN Survey: Majority Say Sales Up

Sales forecast for 2018 shows 3 out of 4 anticipate a sales increase; 16.7% a decrease; and 8.3% expect sales to remain the same.

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THB Acquired by Fairmont Supply

February 01
08:01 2018
    THB Acquired by Fairmont Supply

Founded in 1986 by brothers Robb Harbertson and Scott Harbertson, THB distributes industrial fasteners and offers services for kitting, packaging and specialized quality control.

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Threaded Fasteners Acquires Bolt & Nut Inc.

February 01
07:10 2018

TFI is joining forces with the Bolt & Nut to create an even more dynamic platform to serve commercial and industrial clients in Florida and the Southeastern U.S., said TFI president Billy Duren.

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Whitworth Leads WIFI for 2018

February 01
05:09 2018
    Whitworth Leads WIFI for 2018

Kushnir is vice president; Richards, secretary; and Goodman, treasurer.

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Fastenal Fastener Sales Grow

February 01
03:20 2018
    Fastenal Fastener Sales Grow

Fastenal Co. capped a turnaround year of fastener sales growth with a double-digit performance in the fourth quarter of 2017. But while fastener sales grew, the company’s gross margin on fasteners was hurt by inflation.

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Rotor Clip Among 1st 50 Companies Certified to IATF 16949:2016

February 01
01:46 2018
    Rotor Clip Among 1st 50 Companies Certified to IATF 16949:2016

The new IATF automotive standard focuses on developing a quality management system, which emphasizes continuous improvement to prevent defects and waste throughout the supply chain.

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‘Unrecognized for 7 Decades,’ Original Rosie the Riveter Dies

February 01
01:26 2018
    ‘Unrecognized for 7 Decades,’ Original Rosie the Riveter Dies

An industrial poster by Pittsburgh artist J. Howard Miller showing a young woman in a work shirt and polka-dot bandanna flexing her arm and declaring “We can do it!” was all but forgotten until the 1980s, when a copy became a feminist symbol and it was put on t-shirts, coffee mugs and posters.

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170 Exhibitors Booked For 
2018 Fastener Fair Italy

February 01
00:23 2018

There are exhibiting companies from 10 European countries plus India and the U.S. at the September 26-27, 2018, trade show in Milano.

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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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