Global Fastener News

HEADLINES

Most Autumn Fastener Trade Shows Going On; Fastener Fair Stuttgart Postponed

August 11
23:32 2021
    Most Autumn Fastener Trade Shows Going On; Fastener Fair Stuttgart Postponed

The Covid-19 pandemic has been postponing or canceling fastener events since March 2020, but multiple trade shows remain on the docket for late 2021.

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Lumm, Liter Lead IFI For 21-22

August 11
20:29 2021

Fastener manufacturers’ organization marks 90th anniversary in 2021.

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Fewer Fasteners In GM EVs Than Gas-Powered Cars

August 11
19:39 2021
    Fewer Fasteners In GM EVs Than Gas-Powered Cars

An average General Motors electric vehicle has about 6.16% fewer fasteners than the traditional internal combustion engine car.

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FINdex Growth Slows Amid Supply Disruptions

July 20
23:28 2021
    FINdex Growth Slows Amid Supply Disruptions

Continued supply chain disruptions and spiking demand muted the FIN Fastener Stock Index in the second quarter of 2021 even as the U.S. economy made strides to fully reopen. 

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Optimas Solutions Increases Onshoring Capacity

July 20
22:31 2021
    Optimas Solutions Increases Onshoring Capacity

The Chun Zu and Formax cold headers will increase production by more than 3 million additional complex parts per month, allow Optimas to further focus on industries that require large diameter complex parts.

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Sheh Fung Screws To Hike Prices Again

July 20
22:11 2021

Taiwan-based Sheh Fung Screws announced that its first wave of price increases resulting from higher wire rod prices quoted by upstream suppliers has begun to pay off, Fastener World reports.

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Vertex Owner Acquired By OmniCable

June 20
20:30 2021

The combined company will continue to operate Vertex, Houston WIre's fastener redistribution business.

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Brighton-Best Unveils Its New Vending Program

May 25
23:04 2021
    Brighton-Best Unveils Its New Vending Program

“Delivers the power of automated distribution by reducing supply cost, controlled product usage and state of the art technology,” the company stated.

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MacLean-Fogg Buys Metal 3D Printing Supplier

May 25
22:41 2021

MacLean Formetrix will be based in the Detroit suburb of Macomb Township.

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Combs: Employers Can Require Vaccines

May 25
22:30 2021

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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FDI Cools Off in April After Frenetic Pace

May 25
20:56 2021
    FDI Cools Off in April After Frenetic Pace

While falling from March’s 66 pace, the FDI indicates continued growth in fastener markets, according to R.W. Baird analyst David Manthey.

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MW Industries Creates MW Components

May 25
20:01 2021

MW Components, which includes Century Spring, Accurate Screw Machine and Servometer, will be led by industry veteran Chris Fillmore.

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Groov-Pin Marks 95th Anniversary

May 25
19:32 2021

Founded in 1926 by E.H. Schniewind, the original location was in Long Island City, NY, where the patented press-fit fastener called the “Groov-Pin” was developed.

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Kenworth Wins NAM Award for Torque Fastener Tool

May 25
12:57 2021
    Kenworth Wins NAM Award for Torque Fastener Tool

Kenworth’s plant in Chillicothe, OH, upgraded the torque fastener tool to enhance efficiency for fifth-wheel installations in Kenworth Class 8 trucks. 

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SHORTTAKES: BBI, Century Fasteners & Romi USA

May 25
08:12 2021

Brighton-Best Int’l promoted George Lee from BBI/TCI-Los Angeles to IT Manager BBI and TaChenMarketing, which are both owned by Taiwan-based Ta-Chen Int’l. “George will continue to build and challenge our...

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REPORT: Industrial Fastener Demand At 4% CAGR

April 26
23:09 2021
    REPORT: Industrial Fastener Demand At 4% CAGR

“Vaccinations and adoption of the new normal, the automotive, building & construction, and other key end-user sectors have started getting back on their feet since the last quarter of the year,” according to a new report by Fact.MR.

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FINdex Maintains Growth Despite Supply Disruptions

April 26
22:44 2021
    FINdex Maintains Growth Despite Supply Disruptions

The FIN Fastener Stock Index maintained its brisk pace during the opening quarter of 2021, climbing 9.6% compared to a 6.5% gain by an index of related industrial stocks.

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Würth Canada Marks 50 Years

April 26
22:04 2021
    Würth Canada Marks 50 Years

Known for supplying fasteners and other consumables to the automotive aftermarket, the company's expansion into the metalworking and construction industries and the development of logistics and supply chain services have grown its market presence, Canadian Fabricating & Welding reports.

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The Changing Face of Fastener Plating and Coating

April 26
21:01 2021
    The Changing Face of Fastener Plating and Coating

It’s easy to assume that plating and coating options for fasteners are “set in stone.” But changes in regulations and standards requires ongoing attention, according to Laurence Claus, founder of NNi Training and Consulting.

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WINA Forms Würth Additive Group

April 26
20:46 2021
    WINA Forms Würth Additive Group

New U.S. company incorporated in Delaware to provide expanded 3D printing products and services, including financing and rental options on equipment. 

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