Global Fastener News

Global Fastener News

    Trifast: Customers Want Short and Agile Supply Chains

Trifast: Customers Want Short and Agile Supply Chains

January 11
18:49 2022

“The lead times out of Asia have increased significantly during Covid and freight costs and container issues has meant that we had to react and onshore more product.”

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News Briefs

Coalition Seeks Hall of Fame Nominations

January 13
11:27 2022

All nominations are reviewed and evaluated by the Fastener Industry Coalition board, which includes representatives from 13 regional and national fastener industry nonprofit associations.

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Headlines
    U.S. Tariffs Continue to Cost Businesses and Customers

U.S. Tariffs Continue to Cost Businesses and Customers

December 20
23:32 2021

Three years after the U.S. placed 25% tariffs on $300 billion in Chinese goods, including fasteners, importers and customers continue to pay more for products, with little relief in sight.

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    Fastener Stocks Outperform Industrial Indexes in 2021

Fastener Stocks Outperform Industrial Indexes in 2021

January 03
23:33 2022

The FIN Fastener Stock Index increased 25.1% in 2021, besting a 19.2% gain by an index of related industrial stocks during a tumultuous year that saw international shipping rates skyrocket. Nucor Corp. topped the FINdex, capitalizing on its position as a domestic steel manufacturer amid U.S. tariffs on steel imports.

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Product News
    Würth Additive Group To Distribute Rapid Shape 3D Printers

Würth Additive Group To Distribute Rapid Shape 3D Printers

November 18
11:17 2021

The agreement broadens the Additive Group’s ability to support production-level additive manufacturing through Rapid Shape’s automated functions.

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