The U.S. Justice Department is examining “whether the Jan. 5 incident falls under the government’s 2021 deferred-prosecution agreement with the company over two previous fatal crashes of its 737 MAX jetliner,” Bloomberg reports.
NEWS BRIEFS
February 28
09:13
2024
Established in 1934 by Louis Martin in Sheffield, AL, the company is now led by the third and fourth generations of the Martin family.
February 26
09:32
2024
“These new positions and fresh voices will help ensure we can maintain consistency and fuel further growth for our company and our customers alike.”
February 24
15:04
2024
AIS Industrial & Construction Supply president Dale Hahs accepted the position after current STAFDA VP Phil Cerminaro resigned due to family health issues.
February 21
09:37
2024
The six station nut former enables Ramco to localize production for its largest locknut customer.
February 19
10:35
2024
Founded in 1949 by four college friends in a 3,000 sq ft garage, Solon Mfg. now operates a 30,000 sq ft facility in Chardon, OH.
February 19
10:10
2024
The certification allows Fastenal Co. to meet a broader scope of products in the aerospace and defense industry.
February 15
19:48
2024
Industrial Fasteners Institute site offers enhanced navigation and a resource library for information about industrial fasteners, standards and industry trends.
February 15
10:21
2024
Every six months the Young Fastener Professionals group will select a book that “falls under the umbrella of professional-development and leadership.”
February 13
23:37
2024
Gains driven by growth in the commercial aerospace market, including emerging wide body aircraft recovery, and the commercial transportation market.
February 13
09:24
2024
The two new VPs bring “industry, tactical, and strategic experience, which they will leverage to propel DB Roberts forward into the next phase of our company’s evolution,” stated CEO Robert Clapp.
February 13
09:11
2024
NORMA Group achieved stable profitability and strong cash flow in 2023 despite lower sales due to currency translation.
February 12
22:33
2024
The alliance “demonstrates the importance of continuing education and training within the fastener industry.”
February 08
14:19
2024
Membership in NFDA is not a requirement. Self-nominations are acceptable, as well as nominations by others.
February 07
22:35
2024
Fastener sales drop in January tripled December's rate of decline and marked the ninth consecutive month of either flat or declining fastener sales.
February 05
10:19
2024
Master distributor said Houston-based sales rep has had a 30-year career in industrial sales.
February 05
10:06
2024
Industrial supplier Grainger saw record sales in the final quarter of 2023 amid a normalizing demand market.
February 02
14:32
2024
Double digit growth in aerospace and automotive was partially offset by softness in general industrial fastener markets for Stanley Black & Decker's fastener business.
February 01
10:24
2024
Fastener products sales improved for ITW in 2023, although results were mixed amid recession fears that have since receded.
January 30
22:53
2024
Owned by the Hasegawa family, MEIDOH is a top supplier of bolts to Toyota, with factories in Japan, China, Indonesia, Thailand and the U.S.
