Global Fastener News

FEATURE

Howmet Aerospace Cuts Emissions & Energy Consumption

May 25
11:33 2021
    Howmet Aerospace Cuts Emissions & Energy Consumption

“Social concerns remained an important issue during 2020 and we reaffirmed our commitment to employee and community safety in light of the pandemic as well as focused on diversity, equity and inclusion,” stated co-CEO John C. Plant.

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Combs Advises STAFDA: Employers Can Require Vaccines

May 21
02:01 2021
    Combs Advises STAFDA: Employers Can Require Vaccines

Employers can have a “voluntary” vaccine policy leaving the decision to employees, or employers can institute a “deferred” policy allowing employees to wait until the vaccines have “permanent” approval. But employers also can issue a “mandatory” vaccine policy for all employees.

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Mike Smith Marks 50 Years in Fastener Industry

May 03
12:53 2021
    Mike Smith Marks 50 Years in Fastener Industry

In 1971, David McCormick handed Mike Smith an industrial directory and a Hagstrom map. Smith headed to the Bronx and found a place to park his Triumph Spitfire. “Ignorance was bliss,” Smith looked back at his early sales calls.

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Lack of Rivets Grounds 60 737 MAX Planes

April 23
00:53 2021
    Lack of Rivets Grounds 60 737 MAX Planes

A minor change in Boeing’s 737 MAX manufacturing process that was insufficiently vetted caused an electrical system problem that temporarily grounded more than 60 of the aircraft.

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WAG To Distribute ARBURG 3D Printers

April 20
11:39 2021
    WAG To Distribute ARBURG 3D Printers

“The ARBURG Plastic Freeforming (APF) technology allows us to tap into a whole new range of options for industrial additive manufacturing,” stated Würth Additive Group CEO AJ Strandquist.

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O’Keeffe to NFDA: Company Culture Is What People Do When No One Is Looking

March 18
17:51 2021
    O’Keeffe to NFDA: Company Culture Is What People Do When No One Is Looking

“Culture is the fire,” stated Tim O’Keeffe of Kansas-based fastener manufacturer G.L. Huyett. “It is no longer about management and leadership, it’s about the culture.”

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‘Snapping Bolts’ Questioned In 2017 New York Bridge

March 10
00:13 2021
    ‘Snapping Bolts’ Questioned In 2017 New York Bridge

The Mario Cuomo Bridge, which replaced the rickety and heavily-trafficked Tappan Zee Bridge in 2017, has snapping bolts that create “structural safety” issues that could lead to its collapse, the Albany Times Union reported.

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LISI Aerospace Sets Up Smart Fastener Facility

March 01
14:28 2021
    LISI Aerospace Sets Up Smart Fastener Facility

Covid-19 rebound is SEFA, SFA & Pac-West joint conference topic.

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Report: Covid-19 Cuts Global Nickel Production

October 26
17:13 2020
  Report: Covid-19 Cuts Global Nickel Production

Temporary suspensions of mines caused by the COVID-19 pandemic, along with the advancement of Indonesia’s export ban, are expected to be major contributors to decline, according to GlobalData.

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Fastener Trends for 2020

April 28
12:47 2020
  Fastener Trends for 2020

Because of changing technologies and differing assembly needs, fasteners undergo changes every year. Here is Bossard’s predictions for fastener trends in the coming months.

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Brighton-Best Co-Founder Perry Rosenstein Dies

April 04
14:26 2020
  Brighton-Best Co-Founder Perry Rosenstein Dies

Brighton-Best Socket Screw Mfg. co-founder Perry Rosenstein, 94, died April 3 from COVID-19, the New Jersey Globe reports.

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Agrati CEO IDs 1st Known Fastener COVID-19 Death

April 02
21:09 2020
  Agrati CEO IDs 1st Known Fastener COVID-19 Death

44-year-old Pasquale Gallace of Agrati logistics in Italy died March 27 of COVID-19, according to Agrati CEO Paolo Pozzi.  His father had died a few days earlier.

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Fastener Stocks Outperform Indexes Amid Pandemic

March 01
18:25 2020
  Fastener Stocks Outperform Indexes Amid Pandemic

The market correction prompted by the outbreak of the coronavirus caused U.S. industrial stock indexes to lose 11.8% in value since February 21. In contrast, the FIN Fastener Stock Index faired better, losing only 9.8% of its value during the same period.

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Chinese Fastener Factories Returning to Production

February 24
00:33 2020
  Chinese Fastener Factories Returning to Production

Chinese fastener factories were returning to work after the “enforced extension of the Chinese New Year holiday as part of the containment of the Wuhan coronavirus outbreak,” Fastener & Fixing Magazine editor emeritus Phil Matten reported.

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2020 Taiwan Fastener Show: From Wire to Fasteners

February 10
20:00 2020
  2020 Taiwan Fastener Show: From Wire to Fasteners

Taiwan exported 1.6 million metric tons of fasteners totaling US$4.6 billion in 2018. The April 21-23 trade show includes one-on-one procurement meetings.

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COPA Flange Fasteners Establishes Smart Factory

February 06
16:56 2020
  COPA Flange Fasteners Establishes Smart Factory

In 2019, COPA established its own smart factory in Taiwan and fitted all of its machines with SMB intelligent devices to improve product quality and work efficiency, Fastener World reports.

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F-35 Fastener Mix Up?

January 31
15:59 2020
  F-35 Fastener Mix Up?

Hundreds of F-35s could have the wrong fasteners in “critical areas,” Air Force Magazine reports. Both fasteners are called “eddie bolts” and are similar in appearance except for a number stamped on them.

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NORMA Equipping 400,000 EVs

January 13
15:14 2020
  NORMA Equipping 400,000 EVs

NORMA Group has developed thermal management line systems to be installed in the electric passenger cars of a major international automobile manufacturer, Fastener + Fixing Magazine reports.

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Fastenal Under Fire For Firing Branch Manager

January 09
16:18 2020
  Fastenal Under Fire For Firing Branch Manager

Industrial fasteners and tools supplier Fastener Co. is facing backlash after firing a store manager for complaining on social media about his holiday gift of a jar of barbecue sauce and a wooden scraper.

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U.S. Fastener Demand At 2.7% CAGR Through 2023

October 28
17:43 2019
  U.S. Fastener Demand At 2.7% CAGR Through 2023

Growth will be strongest in aerospace-grade fasteners, the report found. Increasing demand from end users beyond aerospace equipment for stronger, better performing fasteners will also support rapid gains.

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