Global Fastener News

FEATURE

NORMA Group Announces $37m EV Fastener Order

March 01
18:32 2023
    NORMA Group Announces $37m EV Fastener Order

Order comes from an unnamed automobile manufacturer for electric vehicle fasteners, Fastener + Fixing Magazine reports.

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Donation Helps Rebuild Ukraine Screw by Screw

February 26
17:10 2023
    Donation Helps Rebuild Ukraine Screw by Screw

To help the crisis-ridden region, Austrian screw manufacturer TENZ is donating 7.2 million screws to Ukraine to help build the country back up again, Fastener + Fixing Magazine reports.

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Stanley Black & Decker Adds 3D Inspection System

February 22
16:51 2023
    Stanley Black & Decker Adds 3D Inspection System

Stanley Black & Decker integrated General Inspection’s VisionLab 3-D measuring systems into its manufacturing processes, streamlining their threaded insert inspection processes and improving overall quality.

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Wind Turbine OEM Taps ZAGO Sealing Fasteners

February 19
23:53 2023
    Wind Turbine OEM Taps ZAGO Sealing Fasteners

ZAGO sealing screws engineered with a 360° O-ring under the head successfully prevented water seepage.

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FDI Improves After Lowest Level in 2.5 Years

February 15
18:15 2023
    FDI Improves After Lowest Level in 2.5 Years

Some respondents pointed to still-strong customer backlogs and solid demand, while others saw significant slowing and cancellation of large blanket orders.

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Fasteners Deliver Solid Results For Public Companies

February 02
23:44 2023
    Fasteners Deliver Solid Results For Public Companies

Organic growth was common in early returns, with margins slowly improving and inventories declining as the supply chain works through late-pandemic kinks.

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SPAX Taps Online ‘Influencers’ To Market Fasteners

January 26
16:43 2023
    SPAX Taps Online ‘Influencers’ To Market Fasteners

SPAX Engineered Fasteners is expanding its marketing through a crew of influencers, a nationwide network of contractors and craftsmen who use social media to showcase projects made with SPAX structural fasteners, driving demand for its products at lumber yards and building supply stores.

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850 Companies From 44 Countries Book Booths at Fastener Fair Global

January 24
22:41 2023
    850 Companies From 44 Countries Book Booths at Fastener Fair Global

Same location in Stuttgart, Germany, for the March 21-23, 2023, trade show with ‘global’ rebranding.

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Würth Record Results Start Earnings Season

January 16
17:10 2023
  Würth Record Results Start Earnings Season

“We are operating in difficult economic and political conditions: The war in Ukraine, material and supply shortages, and price increases continue to be challenging,” stated chairman Robert Friedmann.

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Bossard Looks to North America For Growth

January 12
17:25 2023
  Bossard Looks to North America For Growth

The Swiss fastener manufacturer “significantly” expanded its market presence in Canada by acquiring PennEngineering’s Canadian distribution business, a deal in line with its strategy to “expand its capabilities in the U.S.”

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Onsite Service Repairs Wind Turbine Threaded Inserts

January 09
22:53 2023
  Onsite Service Repairs Wind Turbine Threaded Inserts

Machining specialist CNC Onsite ApS unveiled an on-site repair service and tool to replace damaged threaded inserts in wind turbine blade roots, Fastener + Fixing Magazine reports.

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Starting Small, Larry Stanley Built His ‘Empire’

December 20
19:05 2022
  Starting Small, Larry Stanley Built His ‘Empire’

Larry’s son and current Empire Bolt & Screw Inc. CEO Ron Stanley credited his father’s sales ability for those initial successful years while building the business.

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Industrial Fasteners Market to Top $110 Billion by 2029

December 12
11:58 2022
  Industrial Fasteners Market to Top $110 Billion by 2029

Surging demand for commercial & residential housing projects and government spending on infrastructure will drive CAGR of 4.3%.

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Improper Heat Treating Prompts Navistar Recall

December 06
00:43 2022
  Improper Heat Treating Prompts Navistar Recall

Navistar is recalling more than 31,000 trucks and buses because improperly heated fasteners could fail and destabilize steering functions.

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Started 50 Years Ago, Copper State Has Grown to 30 Branches in 8 States

December 02
00:21 2022
  Started 50 Years Ago, Copper State Has Grown to 30 Branches in 8 States

Founder Martin Calfee “always had a pen to take orders.”

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Taiwan Fastener Exports Rise Through Int’l Crises

November 28
22:50 2022
  Taiwan Fastener Exports Rise Through Int’l Crises

The consensus in Taiwan is that fastener orders will jump in the first half of 2023, as investors hope for an end of the Russia-Ukraine war and a halt of U.S. interest rate hikes.

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DeStefano: B2B Distributor Website Essentials

November 22
12:09 2022
  DeStefano: B2B Distributor Website Essentials

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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Guthrie: Teach “Why” Instead of Just Training

November 14
11:18 2022
  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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Yastrow at STAFDA: Customer Should Talk Most

November 01
15:09 2022
  Yastrow at STAFDA: Customer Should Talk Most

“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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