Global Fastener News

FEATURE

Trifast: Customers Want Agile Supply Chains

January 11
18:49 2022
    Trifast: Customers Want Agile Supply Chains

“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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Fastener Stocks Outperform Industrial Indexes in 2021

January 03
23:33 2022
    Fastener Stocks Outperform Industrial Indexes in 2021

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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FINdex: Nucor Shares More Than Double in 2021

December 31
15:51 2021
    FINdex: Nucor Shares More Than Double in 2021

During a tumultuous year that saw international shipping rates skyrocket, Nucor capitalized on its position as a domestic steel manufacturer, boosted by U.S. tariffs on steel imports.

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Fastener Headlines of 2021

December 24
02:48 2021
    Fastener Headlines of 2021

While many might want to forget the past year, 2021 held opportunities for fastener companies willing to adapt to supply chain disruptions and inflationary pressures.

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Fastenal Opens New Timber Frame Corporate Office

December 13
00:29 2021
    Fastenal Opens New Timber Frame Corporate Office

“From exposed X-bracing right down to every single nut and bolt, Fastenal products can be seen incorporated into the building,” according to Industrial Distribution.

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63 Events Listed in 2022 FIN Fastener Calendar

December 09
16:31 2021
    63 Events Listed in 2022 FIN Fastener Calendar

Trade shows around the world, association conferences, educational programs, technical meetings and golf tournaments are among the 63 fastener events listed in the 2022 FIN calendar.

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Sherex Begins Marketing Fasteners for EVs

December 07
00:03 2021
    Sherex Begins Marketing Fasteners for EVs

Sherex points out that “it’s not just the way the vehicle runs that’s the difference” and “Sherex understands the differences and nuances between EVs and combustion engine vehicles.”

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Edward W. Daniel Company Marking 100th Anniversary

November 29
23:41 2021
    Edward W. Daniel Company Marking 100th Anniversary

In 1921, Edward W. Daniel opened a manufacturing and distribution center in Cleveland to serve the Great Lakes marine Industry.

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Supply Disruptions To Continue Through 2022

November 23
00:39 2021
  Supply Disruptions To Continue Through 2022

“2022 is going to mirror 2021 from a supply point of view,” Michael Selman, sales rep for Beta Steel, Beneke Wire and Monarch Metals, told the National Fastener Distributors Association.

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STAFDA’s Gersten: Pandemic Encouraged Change

November 15
11:48 2021
  STAFDA’s Gersten: Pandemic Encouraged Change

The pandemic “exposed us to a lot of new product categories and items to sell, giving our members new ways to sustain their business through these troubled times,” stated Specialty Tools & Fasteners Distributors Association president Brian Gersten.

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Kudlak: Covid Accelerated Digitizing & Tech

November 09
12:16 2021
  Kudlak: Covid Accelerated Digitizing & Tech

“Zoom, teams, FaceTime and videos all became new must-haves for communication and “became the preferred methods to communicate,” Aerosmith Fastenings Systems president Dan Kudlak declared to the Specialty Tools & Fasteners Distributors Association.

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Thornberg Tells Pac-West / SFA: ‘This Economy Has Momentum’

November 04
16:32 2021
  Thornberg Tells Pac-West / SFA: ‘This Economy Has Momentum’

Expect 6% growth in the final quarter of 2021, with unemployment below 5%, Dr. Christopher Thornberg of Beacon Economics LLC predicted. And the economy will be hot for the next few years.

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Fasteners Moved To DLA Aviation

October 21
20:38 2021
  Fasteners Moved To DLA Aviation

Items phased out the industrial hardware supply chain included seven federal supply classes under Federal Stock Group 53: Hardware and Abrasives. This category contains screws, bolts, studs, nuts, washers, nails, machine keys, pins, rivets and fastening devices.

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Brighton-Best Acquires Vertex

October 18
12:07 2021
  Brighton-Best Acquires Vertex

Vertex has a deep legacy in the fastener industry, with the company tracing its roots back to the 1880s.

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Bartel Advises IFE: Take 
Action on Inventory

October 11
11:24 2021
  Bartel Advises IFE: Take 
Action on Inventory

While lead times rose in 2020 before the Covid-19 pandemic, Hydrian Inventory Optimization CEO Josh Bartel termed today’s high demand and longer lead times as a “Covid double whammy.”

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Nucor Fastener Expanding

October 07
12:18 2021
  Nucor Fastener Expanding

Nucor Fastener acquired “an existing state-of-the-art coil processing facility” in Indiana that includes an automated clean and coat line, two STC furnaces and wire drawing capabilities, as well as bolt making equipment.

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NFDA Unveils New Logo; Launches Updated Website

September 15
21:39 2021
  NFDA Unveils New Logo; Launches Updated Website

Founded in 1968, the NFDA “wanted a more modern look and feel to our logo, as our mission has evolved over time… Our rebrand keeps the historical roots of NFDA and offers connections with the next generation.”

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2021 IFE Will Be Smaller But Still In-Person in Vegas

September 13
03:48 2021
  2021 IFE Will Be Smaller But Still In-Person in Vegas

The September 21-23 International Fastener Expo will have about one-third of the total booths compared with the last pre-pandemic trade show in 2019.

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Protecting Your Business In The Age of Ransomware

August 31
12:47 2021
  Protecting Your Business In The Age of Ransomware

Attacks have nearly doubled in 2021 from the previous years. Malicious emails – the most common tactic – have increased 600% since the pandemic began, while the average ransom fee demand has jumped from $5,000 in 2018 to $200,000 in 2021.

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MWFA Marks 75th Anniversary by Naming 17 to Hall of Fame

August 26
22:14 2021
  MWFA Marks 75th Anniversary by Naming 17 to Hall of Fame

MWFA president George Hunt of Brighton-Best International and 2021 MWFA Hall of Fame inductee Nancy Rich, who has been the CBNSA / MWFA executive since 1984.

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