Global Fastener News

HEADLINES

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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FDI Stabilizes at Strong Level in March

April 26
19:26 2021

Nearly every comment touched on supply chain constraints as importing material into the ports remains highly challenging amid congestion and container shortages.

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Birmingham Fastener Buys Steel City Bolt

April 26
18:02 2021
    Birmingham Fastener Buys Steel City Bolt

Operations will be consolidated into the production facility at Birmingham Fastener’s headquarters in Alabama.

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Vertex Owner Acquired By OmniCable

April 26
17:45 2021

The combined company results in a national wire and cable redistribution industry leader that “will maximize OmniCable’s and HWCC’s highly complementary businesses, products and national footprint to better meet the needs of both companies’ customers.”

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Equity Firm Acquires AFC Industries

April 26
16:29 2021

Ohio-based AFC distributes fasteners and other C-parts from its 22 stocking locations across North America.

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Würth France Plans $71m Expansion

April 26
14:31 2021

Würth will modernize its Erstein logistics hub, increasing the facility’s size by 6,000 square meters and building an automated high-bay warehouse.

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Fastenal Fastener Growth Outpacing PPE

April 26
13:29 2021

“Growth in fastener products reflected further improvement in demand among traditional industrial and construction customers,” the company stated.

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SHORTTAKES:

April 26
10:40 2021

Altenloh, Brinck & Co. US, Inc. (ABC) hired two regional sales managers and a product development engineer. Scott Chaney and Tom Wylie are regional sales managers – Lumber Building Materials....

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