NEWS BRIEFS Sub-Standard Fasteners Halt BP Oil Production lass=”mceEditor”> British Petroleum had to stop work on a platform at its Holstein field in the Gulf of Mexico after BP discovered...
NEWS BRIEFS
March 09
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2011
3/9/2011 11:11:00 AM NEWS BRIEFS Alcoa Completes Acquisition of TransDigm Fastener Operations Alcoa completed its $240 million acquisition of the aerospace fastener business of TransDigm Group Inc., a global designer,...
March 08
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2011
3/8/2011 2:24:00 AM NEWS BRIEFS Solvent Paint Caused Fastener Torque Issues in Recalled Jeeps Potential drivetrain issues forced Chrysler to recall 20,459 Jeep Wranglers of the model years 2010 and...
March 07
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2011
3/7/2011 8:27:00 AM Beta Steel Picks Schaaf Beta Steel Group named Schaaf & Associates as rep in seven Midwestern states. Don Schaaf, Michael Selman and Donny Schaaf collectively have more...
March 04
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2011
3/4/2011 1:50:00 AM NEWS BRIEFS Eager for Acquisitions, Is Buffet Eyeing Fastener Industry? Warrent Buffet is looking to make some sizable acquisitions, and some reports suggest he may be eyeing...
March 04
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2011
3/4/2011 Recent A2LA Accreditations The American Association for Laboratory Accreditation announced the accreditations for fastener testing: Spec Lab, Taiwan, was accredited in metallographic, physical and dimensional evaluation. Decker Manufacturing Corporation,...
March 04
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2011
3/5/2011 1:08:00 AM NEWS BRIEFS STAFDA Distributors Report Q4 Sales Rise 10.4% Fourth quarter sales rose an average of 10.4% and all of 2010 sales were up 5.5% for distributors...
March 03
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2011
3/3/2011 2:25:00 AM NEWS BRIEFS Elgin Fastener Group Expands Through Acquisition Elgin Fastener Group acquired Kansas City, MO-based Silo Fasteners. Established in 1990, Silo Fasteners provides fasteners for highway...
March 01
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2011
2/8/2011 2:44:00 AM NEWS BRIEFS Report: Global Steel Wire Market to Reach US$25.4 Billion by 2015 The steel industry’s business cycles reflect the general economic activity of a nation. Steel...
March 01
00:00
2011
2/24/2011 4:05:00 PM NEWS BRIEFS Acument’s North American Technical and Processing Center Comes Online (Courtesy Joseph Tobianski — The Flint Journal) Acument Global Technologies’ new North American Technical and Processing...
March 01
00:00
2011
3/1/2011 2:33:00 AM NEW BRIEFS Monogram Aerospace Fasteners TriMas Corp.’s Aerospace & Defense segment, including Monogram Aerospace Fasteners, reported a 14.3% jump in sales to $20.46 million in the fourth...
February 28
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2011
2/28/2011 12:40:00 AM NEWS BRIEFS Chinese Fastener Prices Rise on Increased Demand Fastener exports from the Haiyan region in China rose in January, part of a group of steel or...
February 28
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2011
2/28/2011 Cinco Industries Installs Hyo Dong Cold Header at Slidematic Cinco Industries installed the first Hyo Dong Model HBF-5181 cold header from South Korea imported into U.S. at Slidematic Precision...
February 27
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2011
2/27/2011 1:06:00 AM NEWS BRIEFS North Coast Sets 3rd Annual Distributor/Supplier Event The North Coast Fastener Association will hold its third annual Distributor Social on May 19, 2011, announced association...
February 25
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2011
2/25/2011 1:08:00 AM NEWS BRIEFS L.B. Foster Profit Jumped in Final Months of 2010 Rail fastener manufacturer L.B. Foster Co. reported fourth quarter 2010 net sales increased 40.7% to $148.0...
February 25
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2011
2/25/2011 1:17:00 AM NEWS BRIEFS PennEngineering Names New Global Product Manager PennEngineering appointed LillyAnna Penn to the position of Global Product Manager with responsibility for the company’s assembled line of...
February 23
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2011
2/23/2011 12:19:00 PM NEWS BRIEFS Philidas Secures Funding Package to Fuel Growth UK fastener manufacturer Philidas secured a £1.6 million (US$2.59 million) funding package to boost growth. Leumi ABL...
February 23
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2011
NEWS BRIEFS Fastener Industry Has Presence at Presidential Small Business Forum President Obama speaking February 22, 2011, in Cleveland (courtesy Cardinal Fastener). Grabner leading Obama on a tour of Cardinal...
February 23
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2011
2/24/2011 1:45:00 AM NEWS BRIEFS Fastenal CEO Pay Jumps Six-Fold in 2010 After taking a big pay cut in 2009, Fastenal Co. CEO Will Oberton, saw his pay increase more...
February 22
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2011
NEWS BRIEFS European Fastener Show Opens The largest gathering of fastener people in the world opened Tuesday in Germany. Fastener Fair Stuttgart has 670 exhibiting companies from 40 countries and...
