Global Fastener News

HEADLINES

Cold Heading Wire Rod Prices Continue Slide

May 11
00:00 2009

5/11/2009 HEADLINES Cold Heading Wire Rod Prices Continue Slide Prices on cold heading quality wire rod have dropped $1.50 per hundredweight to $33.75 per cwt ($675 per ton) in the...

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Ingersoll Fasteners to Close by End of ’09

May 11
00:00 2009

5/11/2009 HEADLINES Ingersoll Fasteners to Close by End of ’09 Auto slump takes toll Ifastgroupe Inc. announced it will close its Ingersoll Fasteners division in Ontario, Canada, affecting nearly 120...

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PERSPECTIVE: "If No One is Buying, What is the Price?"

May 11
00:00 2009

5/11/2009 HEADLINES PERSPECTIVE: “If No One is Buying, What is the Price?” “It is entirely ugly out there” and “There are few encouraging signs at this point” are among comments...

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Beaulieu at NFDA: Think Ahead Half a Cycle

May 11
00:00 2009

5/11/2009 HEADLINES Beaulieu at NFDA: Think Ahead Half a Cycle “This downturn is the worst in your business career,” economist Brian Beaulieu declared at the National Fastener Distributors Association spring...

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Toyota’s Jones: Auto Market Will Rev Up

May 11
00:00 2009

5/11/2009 HEADLINES Toyota’s Jones: Auto Market Will Rev Up Auto executive sees silver lining More vehicles are being scrapped than sold and an estimated 900,000 vehicle purchases have been deferred,...

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Turkey Hikes Antidumping Measures

May 11
00:00 2009

5/11/2009 HEADLINES Turkey Hikes Antidumping Measures The Turkish government increased antidumping measures on fasteners imported from any country in consignments greater than two tons. Previous measures applied four years ago...

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SHOW NEWS: Fastener Tech, STAFDA, IFMSA and Fastener Fair

May 01
00:00 2009

5/1/2009 HEADLINES SHOW NEWS: Fastener Tech, STAFDA, IFMSA and Fastener Fair Fastener Tech Draws 121 Exhibitors As of early May Fastener Tech 09 reported 121 exhibiting companies have booked 130...

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OBITUARY: Weldon Shrum

April 13
00:00 2009

4/13/2009 HEADLINES OBITUARY: Weldon Shrum Weldon J. Shrum, founder and owner of Fastener Supply Company, died April 2, 2009, at age 79. He founded Fastener Supply in 1959 and grew...

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Fasteners Prompt Child Product Recall

April 13
00:00 2009

4/13/2009 HEADLINES Fasteners Prompt Child Product Recall The U.S. Consumer Product Safety Commission announced a voluntary recall of 643,000 Evenflo Envision high chairs over reports of fasteners falling out unexpectedly....

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Cohn at WAFD: Mismarked Bolts Make Case For Distributors Keeping Lot Control

April 13
00:00 2009

4/13/2009 HEADLINES Cohn at WAFD: Mismarked Bolts Make Case For Distributors Keeping Lot Control It is important to note that the significant difference between SAE J429 Grade 5 and 5.2...

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Plomer, Valeriano Lead Industrial Fasteners Institute

April 13
00:00 2009

4/13/2009 HEADLINES Plomer, Valeriano Lead Industrial Fasteners Institute IFI Supplier Source Draws 31,570 The IFI’s Find a Supplier Program was used 31,570 times during its first full calendar year. Fastener...

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PERSPECTIVE: Prepare for Recovery

April 13
00:00 2009

4/13/2009 HEADLINES PERSPECTIVE: Prepare for Recovery “Be ready for the recovery,” economist Bill Conerly told the Western Association of Fastener Distributors. “The recession will come to an end.” “Talk to...

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ASSOCIATIONS: Silver, Kuffel Head WAFD; Merger Vote Scheduled

April 13
00:00 2009

4/13/2009 HEADLINES ASSOCIATIONS: Silver, Kuffel Head WAFD; Merger Vote Scheduled Dee Silver of Albuquerque-based Barnhill Bolt Co. Inc. was elected the 20th president of the Western Association of Fastener Distributors....

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SHOW NEWS: North Coast, Fastener Fair Stuttgart, Fastener Tech 09

April 13
00:00 2009

4/13/2009 HEADLINES SHOW NEWS: North Coast, Fastener Fair Stuttgart, Fastener Tech 09 North Coast Plans Event To Replace Cancelled 2009 NIFS/East The North Coast Fastener Association is inviting distributors to...

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STOCKS: Chicago Rivet, Black & Decker, Lawson, Paulin, MSC, TZ Ltd.

April 13
00:00 2009

4/13/2009 HEADLINES STOCKS: Chicago Rivet, Black & Decker, Lawson, Paulin, MSC, TZ Ltd. Chicago Rivet Sales Decline Chicago Rivet & Machine Co. reported sales dropped 24% to $28.5 million during...

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MEDIA SPOTLIGHT: Metal Worker Guilty of NASA Shuttle Fasteners Fraud

April 13
00:00 2009

4/13/2009 HEADLINES MEDIA SPOTLIGHT: Metal Worker Guilty of NASA Shuttle Fasteners Fraud Editor’s Note: Articles in Media Spotlight are excerpts from publications that show the industry what the public is...

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OBITUARY: Dallas Puckett

April 13
00:00 2009

4/13/2009 HEADLINES OBITUARY: Dallas Puckett Dallas E. Puckett Sr., founder of Valley Nut & Bolt Company, died February 26, 2009, at age 74. In 1961 he became a sales representative...

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CLASSIFIED: Onsite & Webcast Auction

April 13
00:00 2009

4/13/2009 HEADLINES CLASSIFIED: Onsite & Webcast Auction Exceptional rod heading & cold forming facility. Manufacturer of special multi die cold formed and long headed parts. Auction: Tuesday, May 5, 2009...

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SHORTTAKES: Barnes, Interfast, KenJer, Rivet & Eyelet, SASCO, Safety Socket, Southco, World Washer

April 13
00:00 2009

4/13/2009 HEADLINES SHORTTAKES: Barnes, Interfast, KenJer, Rivet & Eyelet, SASCO, Safety Socket, Southco, World Washer Barnes Distribution/North America is expanding its stainless steel fasteners product line by 50%, president David...

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China Firm Targets Aerospace And Auto Fastener Markets

April 13
00:00 2009

4/13/2009 HEADLINES China Firm Targets Aerospace And Auto Fastener Markets China Aerospace Science & Industry Corp. (CASIC) and China Minmetals plan to invest an additional CNY 60 million (US$8.8 million)...

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