In the months following the demise of a $10 billion buyout, Arconic and its new leadership team, including former TRW Automotive CEO John Plant, have “taken decisive steps to bring down costs and improve operations, which has led to improved quarterly results and a recovering stock that today trades above the rumored buyout price,” according to the Motley Fool.
Global Fastener News
Main
News Briefs
August 19
14:54
2019
“The quarterly price release strategy does not adequately reflect market changes over time, including the changes in major steelmaking raw material prices and the impact of international macroeconomic developments,” Mysteel.com reports.
- NAW Researches Digitizing Sales Process
- Mowins, McLean Take IFI Division Roles
- Agresto & Vattis to Retire; van de Klippe Buys Delta Secondary
- Tariffs On Iron & Steel Nuts From China Not Delayed
- WIFI Honors Simmi, Lumia, Wolz & Radel
- After Declines, July FDI Recovers
- SC Fastening Systems Becomes Soap Box Derby Preferred Vendor
- Chicago Rivet Fastener Sales Slump
- Fastener Poland Lists 157 Exhibitors
Headlines
August 05
09:14
2019
The new 10% tariff applies to all iron and steel nut imports (HTS subheading 7318.16.00) from China, as well as iPhones and most consumer goods.
Features
August 11
19:27
2019
By lifting a 17.5-ton truck, Bavaria-based DELO secured the GUINNESS WORLD RECORDS title for the “heaviest weight lifted with glue.”
Product News
August 01
11:07
2019
With a two year, one million cycle warranty, this tool is billed as a top choice in electric screwdrivers.
Related News
July 19
21:36
2019
“I’m not hearing people blame the Fed as much as they’re blaming tariffs,” says CNBC’s Jim Cramer.
