Improperly drilled holes, called "snowmen" because of their elongated shape, were filled with fasteners on some 737 Max planes before passing quality inspections at Spirit Aerosystems.
HEADLINES

The parent company of Brighton-Best International was again the top fastener company in Taiwan in 2022, Fastener World reports.

Japan-based Owari Seiki is poised to play a role for OEMs and component manufacturers operating in Japan, aligning with the growing emphasis on local procurement.

Show management projects 650 exhibitors and 4,500 attendees at the 2023 International Fastener Expo on October 9-11 in Las Vegas.

During the first six months of 2023, the FIN Fastener Stock Index grew 24%, more than doubling gains by an index of related industrial stocks.

3D printed parts can minimize waste, streamline inventory management and contribute to a more sustainable automotive repair ecosystem.

The key to succession is “family leadership passion” and family involvement, Dr. Jim Ruetz told the National Fastener Distributors Association.

While some respondents pointed to evidence of reshoring, others claimed nearshoring is occurring as customers move business from China to Mexico.

The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) announced a tentative agreement on a new six-year contract covering workers at all 29 West Coast ports....

While EV manufacturing involves technical issues requiring new fastener solutions, U.S. fastener experts remain confident that Taiwanese suppliers can deliver, according to Wards Auto.

Buyers want less product from Asia, more face time with suppliers and multiple approved sources, State of the Industry panelists told the National Fastener Distributors Association annual meeting.

Jim Degnan of S. W. Anderson will lead the National Fastener Distributors Association.

“Lose the losers,” economist Patrick Lucas advised National Fastener Distributors Association members.

“Mixed economic signals continued to push and pull our business,” one respondent said.

The drop in May ended a 27-month stretch of fastener revenue growth for the Minnesota-based industrial bellwether.

An industrial internet platform has been set up to offer digital factory solutions for fastener manufacturers.
Muscatine, IA-based White Distribution and Supply is AFC's sixth acquisition of 2023.

Camcar partner Ttapdrive AS is the Norwegian company that created the Ttap brand of drive systems.

Founded in 1966 by John and Helen Walker, Denver-based Fasteners Inc. distributes the Huck Fastening System.

Germany accounted for 39.4% of sales. The companies outside Germany also posted a successful financial year with an increase in sales of 19.4%. Top performers included the U.S. and Europe.