Global Fastener News

FASTENER HISTORY

1980 FIN – Albany, Pawtucket Merge Non-Ferrous Manufacturing

May 02
00:00 2014

May 15, 1980 FIN – Albany, Pawtucket Fasteners Division is the new name for Albany Fasteners Inc. of South Norwalk,

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2009 FIN – Hagan: Fastener Company Acquisitions Remained Strong in 2008

April 30
00:00 2014

May 26, 2009 FIN – The sales of fasteners may be down with the economy, but the number of fastener

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2014 FIN – Fastenal’s Kierlin Retiring: Stock Grew From $9k to $5 Million

April 28
00:00 2014

+ click to enlarge Fastenal founders Bob Kierlin, Jack Remick and Van McConnon stand outside the first Fastenal store. Courtesy

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2014 FIN – IFI to Publish 9th Edition of Fastener Standards

April 28
00:00 2014

It started with a phone call to the director of engineering technology at the Industrial Fasteners Institute. “I can find

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1989 FIN – Major Ownership Changes This Year

April 23
00:00 2014

December 18, 1989 FIN – Following is a summary of the major ownership changes which took place in the fastener

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2008 FIN – $100 Million-Plus Fastener Acquisitions Dominate Hagan’s 2007 Top Ten Deals

April 22
00:00 2014

May 3, 2008 FIN – 2007 was the year of the $100 million + acquisitions in the fastener industry, Richard

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2006 FIN -PennEngineering Tops ‘Strong Pace’ of 2005 Fastener Acquisitions

April 17
00:00 2014

May 24, 2006 FIN – The $300 million acquisition of PennEngineering topped the list of fastener acquisition as 2005 yielded

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2002 FIN – Heinrich Bossard: Customer, Not Competition, Drives Business

April 16
00:00 2014

2002 FIN  Perspective: McIlhon: Metrics Led to IIP/Bossard Relationship June 11, 2002 FIN – Ed McIlhon of Iowa Industrial Products

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2005 FIN – Number and Size of Fastener Acquisitions Increase in 2004

April 16
00:00 2014

May 10, 2005 FIN – The worldwide fastener industry experienced a significant pick-up in deal activity during 2004, “which is

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2003 FIN – Distress Sales and a Few Strategic Acquisitions Dominate Hagan’s 2002 Top 10 List

April 15
00:00 2014

May 30, 2003 FIN – Fastener company mergers and acquisitions slowed to a crawl during 2002, Richard Hagan announced in

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2004 FIN – 2003 Slowest Year in Fastener Company Acquisitions

April 14
00:00 2014

May 19, 2004 FIN – The total number of fastener company acquisitions in 2003 was the lowest in the past

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2014 FIN – Metropolitan Names Rich as Executive Director

April 14
00:00 2014

January 21, 2014 FIN – The Metropolitan Fastener Distributors Association named Nancy Rich as executive director. Rich now directs three

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2002 FIN – Hagan: Recession Slows Fastener M&A’s in 2001

April 11
00:00 2014

June 28, 2002 FIN – The economic recession in the U.S. and much of the rest of the world slowed

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2013 FIN – Brighton-Best International Acquires Porteous Fastener

April 09
00:00 2014

October 11, 2013 FIN – Brighton-Best International acquired the assets of Porteous Fastener Company. BBI CEO Robert Shieh pointed to “the opportunities

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1980 FIN – ITC Rules Steel Wire Nail Producers Not Harmed by Korean Product

April 06
00:00 2014

August 26, 1980 FIN – The International Trade Commission just ruled that domestic steel wire nail producers have not been

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2014 FIN – Schools & Flights Cancelled, But Fastener Companies Brave Record Low Temps

April 03
00:00 2014

  + click to enlarge Delta Secondary’s “tough employees” pictured midweek in Bensenville, IL. + click to enlarge Southeastern Companies

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2013 FIN – Perspective – Lederer: Distributors Seek More Influence in EU Policy

April 02
00:00 2014

January 30, 2013 FIN – The European Fastener Distributors Association will be making major changes, including seeking a broader role

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1998 FIN – Consolidators: Acquisition Pace to Pick Up

March 28
00:00 2014

March 31, 1998 FIN – Members of the Western Association of Fastener Distributors got the answer that they were looking

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2006 FIN – Did Weak Rivets Allow Titanic Hull to Unzip?

March 27
00:00 2014

November 28, 2006 FIN – MEDIA SPOTLIGHT – Did “weak rivets” allow the Titanic hull to “unzip” when the famous

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2000 FIN – Metalforming Association 1st to Receive ISO 9002

March 26
00:00 2014

  September 5, 2000 FIN – The new U.S. Fastener Quality Act provides significant benefits for manufacturers to use a

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