Global Fastener News

Tag "bufab"

Bufab Sales Grow Despite Weaker Market

November 21
16:44 2019

Weaker demand was particularly noticeable in Sweden, Eastern Europe, and China due to lower production among many customers, as well as customer destocking.

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Bufab Acquiring American Bolt & Screw

November 19
00:05 2019
    Bufab Acquiring American Bolt & Screw

Founded in 1946, Ontario, CA-based ABS distributes fasteners and C-class components in North America.

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Bufab Reports 10% Organic Sales Growth

November 29
12:46 2018

“We also succeeded in achieving growth without a corresponding increase in operating expenses,” stated CEO Jörgen Rosengren.

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Bufab Hires Global Business Director

November 26
10:34 2018
    Bufab Hires Global Business Director

Johan Sandberg has held executive positions in large industrial companies, including Volvo Powertrain and Volvo Aero.

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Bufab Reports Strong Sales Growth

October 29
11:19 2018

“We are satisfied with the quarter and optimistic about the rest of the year,” stated CEO Jörgen Rosengren.

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Bufab Reports Strong Growth and Improved Margin

September 25
12:08 2018

“We need to strengthen our gross margin through further price increases,” noted CEO Jörgen Rosengren.

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Bufab Reports Strong Organic Growth

April 05
06:01 2018

Bufab’s international segment reported a 20% sales increase in Q4, with increased gross margin and lower costs as a percentage of sales, Fastener + Fixing Magazine reports.

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Bufab Sees ‘Strong’ Organic Growth

February 26
01:14 2018

“We captured market shares in nearly all markets - a result of a systematic focus on the sales organization over many years.”

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Bufab’s Montrose Names New Manager

October 16
10:58 2017
    Bufab’s Montrose Names New Manager

Acquired by Bufab in 2016, UK-based Montrose Holdings supplies fasteners and special components, as well as products for MRO for the electronics, aerospace and construction markets.

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Bufab Sales & Orders Increase

October 10
09:49 2017

Swedish company will continue to focus on raising prices to customers - although to date increases had not been sufficient to offset cost increases.

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BUFAB USA Opens Facility in Atlanta

June 13
08:33 2017
    BUFAB USA Opens Facility in Atlanta

New facilities, which complement Bufab’s U.S. headquarters in New York, were opened to handle growth in North America.

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Bufab Reports Record Sales & Profit

March 24
00:01 2017
    Bufab Reports Record Sales & Profit

“…our acquisition strategy is continuing to generate results,” stated CEO Jörgen Rosengren. “The acquired companies are developing well, work well with the other subsidiaries and made a strong contribution to Bufab's earnings trend and cash flow during the year.”

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Bufab Acquires UK’s Montrose

December 08
12:28 2016
    Bufab Acquires UK’s Montrose

Founded in 1991, Montrose is a privately owned UK fastener supplier to industrial customers mainly located in the UK.

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