“Abbott has seen consistent growth for eight decades and has served more than 50,000 customers,” said CEO Bob Baer. “Innovation has always been the highest priority.”
September 18
10:31
2023
Automotive executives and analysts characterize the evolution to EVs as the biggest technological transformation since Henry Ford introduced his moving assembly line in 1913.
September 13
10:34
2023
While longtime patriarch Reinhold Würth, 87, will remain chairman, his grandsons Sebastian and Benjamin have accepted leadership roles in the global fastener conglomerate.
September 06
09:41
2023
The iconic American motorcycle manufacturer said a fastener securing the rear shock absorber may break and allow the rear shock absorber adjuster to damage the rear tire, causing a loss of tire pressure.
August 21
09:47
2023
Shortage of approved testing facilities in the UK prompts need for structural timber fasteners manufacturers to prioritize product testing, Fastener + Fixing Magazine reports.
August 14
13:19
2023
To support its growing EV business, the Chennai, India-based manufacturer is investing $36 million over the next 12 months to expand production capacity in Mahindra City and Sri City, EnergyPortal.eu reports.
July 30
22:52
2023
Given the relatively large size and weight of an EV motor, it’s important to consider how the fasteners used for its assembly can help design ambitions, explains EJOT UK Application Engineer David Piddock.
July 28
11:56
2023
Analysts remain optimistic about Howmet Aerospace’s future prospects, anticipating that the company will achieve an EPS of $1.71 for the current fiscal year.
July 18
10:31
2023
The new Northwest Distribution Center will enhance customer service across the Pacific Northwest, providing the MRO supplier additional capacity.
July 13
10:49
2023
Consolidated revenue rose 5.9% in the second quarter of 2023 due to higher unit sales, while net earnings gained 3.8%.
July 12
14:00
2023
As a principal fastener supplier for the payload fairing of European launch rocket Ariane 5, which transported the James Webb telescope into space, Bossard played a part in its achievement.
July 11
14:20
2023
Ford was founded in 1963 by George Cellary in a New Jersey warehouse, where he took bulk boxes of fasteners, weigh them on a bathroom scale and repacked them in smaller quantities for customers.
June 26
11:08
2023
Designing fasteners for electric vehicles can be challenging, but with governments looking to cut carbon emissions, the global shift towards EVs creates an emerging market with significant potential.
June 21
15:26
2023
New lathe will “facilitate a more streamlined machining process that will help us deliver runs of any size with shorter lead times, more accuracy, and better quoting mechanisms,” the company stated.
June 19
00:01
2023
The 1.6 million sq ft factory in Shandong Province will include automated production workshops and an 86,000 sq ft smart warehouse.
June 13
21:53
2023
An industrial internet platform has been set up to offer digital factory solutions for fastener manufacturers.
June 13
10:46
2023
The near-unanimous decision could lead to 7,200 dockworkers striking as soon as June 24, adding to labor tensions at West Coast ports in the U.S.
May 29
23:14
2023
Metal fasteners are projected to record 4.3% CAGR and reach US$112.4 billion by the end of 2030, while growth in the plastic segment is estimated at 5.8% CAGR.
May 25
12:56
2023
The renovation project in Cincinnati added 32,000 sq ft of new office space for business operations staff, including executive, sales, marketing and administrative teams.
May 22
12:37
2023
Prepare the next generation to be innovative. “Promote active experimentation,” Seredich said. “Embrace failure, identify multiple solutions and avoid micromanaging.”
