Global Fastener News

FEATURE

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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Supply Chains Worsen for U.S. Importers

August 22
23:04 2021
  Supply Chains Worsen for U.S. Importers

Taiwan exports 1.36 million tons of fasteners each year at a value of US$3.99 billion. The U.S. imports 609,000 tons of Taiwan fasteners each year at a value of $1.69 billion.

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REPORT: Taiwan Fastener Exports Jump 30.9% in 2021

August 16
18:12 2021
  REPORT: Taiwan Fastener Exports Jump 30.9% in 2021

The U.S. was the main market for Taiwanese bolts and nuts, with US$1.23 billion in shipments, or 42% of total exports, according to the Taipei Times.

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Fastener Fair Stuttgart Canceled for 2021

August 02
10:54 2021
  Fastener Fair Stuttgart Canceled for 2021

The largest Fastener Fair will next be held in 2023.

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Würth Group Tests Hydrogen Vehicles for Fleet

July 27
12:32 2021
  Würth Group Tests Hydrogen Vehicles for Fleet

Changing over the company’s vehicle fleet to alternative fuel sources is just one of the measures Adolf Würth GmbH & Co. KG is taking to achieve its goal to be carbon-neutral at all German company sites by 2024.

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Taiwan Latest Fastener Trade Show Postponement

July 22
12:52 2021
  Taiwan Latest Fastener Trade Show Postponement

The Taiwan International Fastener Show has been cancelled for 2021 due to Covid-19, but MWFA, IFE, STAFDA and Fastener Fair still have 2021 dates.

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Automotive Fastener Market At 4.5% CAGR

July 19
01:11 2021
  Automotive Fastener Market At 4.5% CAGR

Introduction of strict regulations like EU’s Carbon Emission Reduction Targets and CAFÉ Standards are compelling automakers to incorporate lightweight materials for enhancing fuel efficiency.

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Unicorp Marks 50 Years

July 13
00:17 2021
  Unicorp Marks 50 Years

Founded to manufacture electronic hardware, today the New Jersey company produces fasteners, cable ties and handles.

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Fastener Industry News First Published July 10, 1979

July 10
12:55 2021
  Fastener Industry News First Published July 10, 1979

Fastener Industry News marks the 42nd anniversary of the first newsletter published on July 10, 1979, in Connecticut.

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Nominations Welcomed for 2021 IFE Hall of Fame

July 07
12:29 2021
  Nominations Welcomed for 2021 IFE Hall of Fame

First held in 1982, the International Fastener Expo HoF has honored 107 fastener individuals. The 2020 honorees were Tim O’Keefe of G.L. Huyett and John Washman of Desert Distribution. Jessi Solt of G.L. Huyett was named the 2020 Young Fastener Professional.  

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