Global Fastener News

FEATURE

DeStefano: Distributor Websites Need B2C Comfort With B2B Strength

November 22
12:09 2022
    DeStefano: Distributor Websites Need B2C Comfort With B2B Strength

Online buying is 83% higher than pre-Covid, STAFDA consultant tells distributors. “The alternative to the Internet is downsizing or closing.”

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Nucor Joins UN Carbon-Free Energy Compact

November 17
22:51 2022
    Nucor Joins UN Carbon-Free Energy Compact

Nucor is the first major industrial company to join the global effort, which aims to accelerate the decarbonization of the world’s electricity systems to mitigate climate change.

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STAFDA’s Guthrie: Teach “Why” Instead of Just Training

November 14
11:18 2022
    STAFDA’s Guthrie: Teach “Why” Instead of Just Training

The difference between “training” and “education” is the “why,” stated the president of the Specialty Tools & Fasteners Distributors Association. “Why does it matter, why are we doing it this way, why does it impact the customer?”

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Beaulieu: Fed Rate Hikes Could Cause Recession

November 07
11:27 2022
    Beaulieu: Fed Rate Hikes Could Cause Recession

Factors leading to a depression include a worldwide aging population driving up healthcare costs, with rising interest rates increasing costs as central governments continue spending patterns.

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Yastrow at STAFDA: Customer Should Do Most of Talking

November 01
15:09 2022
    Yastrow at STAFDA: Customer Should Do Most of Talking

“If you are curious and pay close attention, you will learn what’s important to them and what factors will encourage them to commit to you,” author Steve Yastrow said at a Specialty Tools & Fasteners Distributors Association session during its 2022 convention.

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Optimas Solutions Appoints Co-CEOs

October 12
16:21 2022
    Optimas Solutions Appoints Co-CEOs

Optimas Solutions promoted Mike Tuffy to CEO, International, and Daniel Harms to CEO, Americas.

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Fastener Issue Prompts Rivian To Recall Most EVs

October 08
19:47 2022
    Fastener Issue Prompts Rivian To Recall Most EVs

The recall of the 2022 Rivian R1T, R1S, and EDV models represents about 90% of vehicles produced by the automaker.

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780 Exhibitors Reported For 2023 Stuttgart

September 29
23:18 2022
    780 Exhibitors Reported For 2023 Stuttgart

Rebranded as Fastener Fair Global, the trade show was first held in 2005 and grew to the world’s largest by 2009.

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Chester at Pac-West: Let Employees Talk

September 22
18:52 2022
  Chester at Pac-West: Let Employees Talk

Ask people consistently “What do you like about working here?” and “What don’t you like?” Eric Chester told the Pacific-West Fastener Association. “Give them a chance to talk.”

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Pease at MWFA: Are You Asking Enough Questions?

September 12
21:01 2022
  Pease at MWFA: Are You Asking Enough Questions?

Ask questions and then “ask a few extra questions of your customer,” Rich Pease of RK Precision Products advised a Mid-West Fastener Association conference session.

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Ta Chen Ranked Largest Taiwan Fastener Company

August 29
00:44 2022
  Ta Chen Ranked Largest Taiwan Fastener Company

As geopolitical tensions rise between the U.S. and China over the fate of Taiwan, GlobalFastenerNews.com examines a list of top fastener companies on the island.

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Retirements Loom Over Fastener Workforce

August 22
22:40 2022
  Retirements Loom Over Fastener Workforce

“No one wants to get their hands dirty. No one wants to work in a warehouse 80 hours a week.”

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ParkOhio Bolsters Its Fastener Business

August 05
00:04 2022
  ParkOhio Bolsters Its Fastener Business

Amid strong quarterly results, ParkOhio acquired two companies: Winston-Salem, NC-based Southern Fasteners & Supply and Charter Automotive (Changzhou) Co. Ltd. in China. Both will be included in ParkOhio’s fastener segment: Supply Technologies.

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LindFast Acquires Star Stainless Screw Co.

July 28
15:17 2022
  LindFast Acquires Star Stainless Screw Co.

“We believe the combination of LSG and Star will give our collective customers unparalleled ability to meet all of their fastener needs with one company,” said LindFast CEO Bill Niketas.

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NFDA on Cybersecurity: The New Normal

July 24
17:11 2022
  NFDA on Cybersecurity: The New Normal

Cyber crime is a legitimate business in other countries, Will Snyder of WTC Business Technology Services told National Fastener Distributors Association members. “Plan for a cyber incident to happen…It is not IF, but WHEN!” 

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Aerospace Fastener Market To See 6.8% CAGR

July 21
15:55 2022
  Aerospace Fastener Market To See 6.8% CAGR

Rising concerns over fuel efficiency and emission levels are impelling airlines to opt for lighter materials, which is projected to create a demand for fasteners made of titanium and aluminum.

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Rivet Nuts Improve Production at GM Assembly Plant

July 18
11:56 2022
  Rivet Nuts Improve Production at GM Assembly Plant

Traditionally, operators at General Motors (Detroit) installed rivet nut fasteners into vehicle bodies with a handheld power screwdriver. Despite such a time-consuming process, GM increased the number of fasteners on each side of the vehicle from four to five, according to Goebel Fasteners. A fastener handling system solved the problem. 

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China Extends Tariffs on EU and UK Fasteners

June 28
13:26 2022
  China Extends Tariffs on EU and UK Fasteners

The tariffs, seen as retaliation for EU duties on Chinese fasteners, will be imposed from June 29, Reuters reports.

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Lamons Manufacturing Marking 75th Anniversary

June 22
12:07 2022
  Lamons Manufacturing Marking 75th Anniversary

Initially a gasket manufacturer, Lamons began producing fasteners in 1997 and expanded in specialty fasteners with the 2010 acquisition of South Texas Bolt & Fitting.

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Vogelsang Marking 50th Anniversary in U.S.

June 13
12:37 2022
  Vogelsang Marking 50th Anniversary in U.S.

The Vogelsang name entered the North American fastener industry in 1972 distributing Rollpins made in Europe by Joerg Vogelsang.

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