Global Fastener News

Global Fastener News

    Industrial Fastener Stocks Outperformed Aerospace Stocks in 2018

Industrial Fastener Stocks Outperformed Aerospace Stocks in 2018

May 23
21:31 2019

After two consecutive years of double-digit growth, the FIN Fastener Stock Index contracted in 2018, hampered by volatility that dominated the markets, making 2018 the worst year for stocks in a decade.

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News Briefs

Trifast Reports Solid Finish To Year

May 23
12:41 2019

Trifast’s smallest region, the U.S., “continued to perform very strongly with year-on-year growth rates of over 30% - largely driven by market share gains at existing multinational tier 1 and OEM customers in automotive and electronics sectors,” Fastener + Fixing Magazine reports.

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Headlines
    Trump Hikes Fastener Tariffs

Trump Hikes Fastener Tariffs

May 20
08:44 2019

U.S. President Donald Trump hiked 10% tariffs on $200 billion of fasteners and other select goods manufactured in China to 25% beginning Friday, May 10 at 12:01 am. The original 10% duty on Chinese fasteners was applied September 24, 2018, prompting the U.S. fastener industry to immediately raise prices.

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    Michigan Fastener Distributor Recognized By Google

Michigan Fastener Distributor Recognized By Google

May 13
18:10 2019

“The fact that we’re the only business in Michigan that they’re recognizing this year is pretty exciting for us,” stated Suburban Bolt marketing director Nikki Gordon.

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Related News
    China’s Economic Activity Weakens Amid Tariff War

China’s Economic Activity Weakens Amid Tariff War

May 18
14:45 2019

China’s factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth, Industrial Distribution reports.

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