Global Fastener News

NEWS BRIEFS

Florida Manufacturers Honor American Elite

December 11
18:17 2017

Cable tie manufacturer was founded in 2005, now runs 24/7 plant.

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KLX Aerospace Fastener Sales Grow

December 06
16:02 2017

"ASG continued its market momentum with three new contract awards and market share gains valued at approximately $125 million in the aggregate."

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Fastenal Fastener Sales Continue Rising

December 06
12:32 2017
    Fastenal Fastener Sales Continue Rising

Overall sales at Fastenal rose 15.4% to $365.5 million in November, with daily sales up 15.4% to $17.4 million.

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Lawson Reports Sales Growth

December 04
13:53 2017

Chicago-based distributor said sales were positively impacted by the 11% increase in sales rep productivity, the effect of acquisitions completed in 2016 and continuing improvement in the MRO marketplace.

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IFI’s Harris Retiring From “Healthy Industry”

November 30
22:03 2017
    IFI’s Harris Retiring From “Healthy Industry”

As he retires, Harris sees a “healthy industry and healthy customers” for the fastener industry. “Boeing and all aerospace are booked with orders,” he pointed out.

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Autocraft USA Names Anderson President

November 28
15:44 2017
    Autocraft USA Names Anderson President

Prior to joining Autocraft in 2012, the fastener industry veteran held executive roles at Heads & Threads International, Brighton Best International, and Brighton Best Socket Screw Mfg.

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Wrentham Tool Group Promotes Mohr

November 20
09:37 2017

Mohr has 34-years of fastener tooling and gaging experience.

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UPM Expanding Connecticut Facility

November 17
14:21 2017
    UPM Expanding Connecticut Facility

United Performance Metals supplies fastener grade metals plus processing services.

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Taiwan Fastener Exports Grow

November 16
15:31 2017
    Taiwan Fastener Exports Grow

Taiwan fastener exports rose 2.65% to 1.058 million tons in the first eight months of 2017, Fastener World reports.

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ARaymond Unveils Mexico Facility

November 16
12:21 2017
    ARaymond Unveils Mexico Facility

The San Luis Potosi plant enables the company to expand its business in Central America by producing and shipping locally.

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Brighton Best Acquires Ironclad Performance Wear

November 16
10:59 2017
    Brighton Best Acquires Ironclad Performance Wear

Founded in 1998, Farmers Branch, TX-based Ironclad designs and manufactures task-specific PPE gloves for safety, construction and industrial markets.

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TFC Opens Cleveland Tech Center

November 14
11:58 2017
    TFC Opens Cleveland Tech Center

Founded in 1977, TFC supplies the commercial construction industry with fasteners, tools, sealants, and accessories.

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BBI Acquires Koala Nails

November 13
17:39 2017
    BBI Acquires Koala Nails

The deal “bring(s) onboard a new level of expertise into the construction fastener industry, both for Australia and for the USA,” BBI stated.

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Click Bond CEO Named to NAM Board

November 09
06:30 2017
    Click Bond CEO Named to NAM Board

Founded in 1895, NAM is the largest manufacturing association in the U.S., representing small and large manufacturers in all 50 states.

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October FDI Gains Momentum

November 08
21:33 2017
    October FDI Gains Momentum

“Qualitative commentary on market conditions was again mostly positive with respondents noting strong demand, generally favorable end-market conditions, and a healthy pricing environment.”

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MW Industries Expands in Aerospace

November 08
13:50 2017
    MW Industries Expands in Aerospace

MW Aerospace Solutions is a new brand linking four companies: Atlantic Spring, BellowsTech, Helical, and Servometer.

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Fastener Sales Decline at Chicago Rivet

November 06
17:59 2017

“The automotive sector is the primary market for our fastener segment products and the sales declines in the third quarter and year to date primarily relate to reduced sales to certain large automotive customers,” the company stated in its quarterly SEC filing.

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Fastenal’s Fastener Sales Stay Strong

November 06
13:09 2017
    Fastenal’s Fastener Sales Stay Strong

Fastenal sales in the U.S. increased 13%, while total sales in North America climbed 13.5% during October.

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PennEngineering Sues Pinconn for Infringement

November 02
11:17 2017

PennEngineering served the complaint on Pinconn at Pinconn’s trade show booth on October 18, 2017, during the International Fastener Expo.

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Calfee at IFE: Check Installation When Customer Claims ‘Bolt Failed’

November 01
22:21 2017
    Calfee at IFE: Check Installation When Customer Claims ‘Bolt Failed’

“A bolt can be like a piece of glass” when not properly installed, Calfee declared. That includes using the right washer, nut and bolt and using the right torque.

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