Global Fastener News

NEWS BRIEFS

G.L. Huyett Names Pacific Northwest Rep

January 16
11:23 2018

Fastener manufacturer and master distributor now has field sales personnel covering all of North America, including Canada and Mexico.

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December FDI Ticks Up Slightly

January 11
11:26 2018
    December FDI Ticks Up Slightly

The Fastener Distributor Index rose “modestly” to 57.6 in December, reversing the deceleration seen in November, according to R.W. Baird analyst David Manthey.

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Wyandotte Industries Names Callahan

January 11
09:42 2018

“Matthew’s experience will be a great asset to our customers in the New England Territory,” sales manager Dan Duffield stated.

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Würth Sales & Profits Grow

January 09
18:22 2018

“E-business is gaining momentum,” stated group chairman Robert Friedmann.

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Former Fastener Exec Indicted For Fraud

January 09
12:03 2018

A former executive of Fasteners Inc. in Spokane Valley, WA, has been indicted by a federal grand jury for “allegedly using company money to pay for his children’s college tuition, a guided hunting trip and home improvement projects,” according to the Spokesman-Review.

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Earnest Machine Marks 70th Anniversary

January 08
12:01 2018
    Earnest Machine Marks 70th Anniversary

For more on Earnest Machine see the FIN Fastener History section: 1999 FIN – Earnest Machine Products Marks 50th With Book of Complete History; 2010 FIN – Earnest Machine Moving Warehouses to Indianapolis.

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Brighton-Best USA Promotes Stocking

January 04
17:53 2018
    Brighton-Best USA Promotes Stocking

“Tom is an industry veteran with over 20 years of industry experience,” the company stated on its Twitter account.

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China’s Steel Output and Prices Rising

January 04
11:30 2018
    China’s Steel Output and Prices Rising

The news comes amid reports of rising steel fastener exports from China.

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AFT Fasteners Moves to Larger Facility

January 03
12:58 2018

AFT Fasteners distributes fasteners and industrial supplies to OEM and MRO customers.

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Brighton-Best Expanding in Ohio

January 02
19:37 2018

Brighton-Best International reportedly broke ground on December 26, and expects the facility to open in September.

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Classified: Strategic Supplier Development Manager

January 01
11:29 2018

...

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Top Headlines of 2017

December 28
17:02 2017
    Top Headlines of 2017

Out of more than 300 news articles posted on GlobalFastenerNews.com during 2017, here are 28 major headlines.

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Fastener Acquisitions of 2017

December 26
16:52 2017
    Fastener Acquisitions of 2017

Richard Hagan’s 20th annual Top Ten Deals of the Year will be published with the FIN Review of Fastener Stocks for 2017 in May 2018.

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G.L. Huyett Hires Regional Sales Manager

December 20
16:32 2017
    G.L. Huyett Hires Regional Sales Manager

Huyett said the appointment expands its “coverage and canvass intensity, and aligns to the recognition that the Research Triangle Corridor is increasingly seen as a leading-edge manufacturing hub.”

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Grainger Names Cybersecurity Chief

December 16
10:45 2017

Mark Lohman joined Grainger in 2014 as senior director of information security and business continuity.

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EFC International Launches New Website

December 13
12:53 2017

Efc-ind.com features product encyclopedia and engineering sections.

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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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