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...
HEADLINES
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...
May 11
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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...
May 11
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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...
May 11
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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,...
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...
May 11
00:00
2009
5/11/2009 HEADLINES STOCKS: Fastenal, Precision Castparts, Black & Decker, Nucor, Grainger, Bossard, Simpson Strong-Tie Fastenal Slows Store Openings, Trims Workforce – Reacting to an entrenched recession, Fastenal said it has...
May 11
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2009
5/11/2009 HEADLINES China Fastener Exports Plunge China exports of steel and copper fasteners dropped 46% to 70,000 tons in February, while the value declined 48% to US$110 million, Xinhua News...
May 11
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2009
5/11/2009 HEADLINES Obituary: Pearson Leslie “Les” Pearson, who started two fastener companies, died April 25, 2009, at age 86. In 1949 he started Time Screw Manufacturing. In 1971, he founded...
May 11
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2009
5/11/2009 HEADLINES Obituary: Johnson Arvid William (Bill) Johnson died April 21, 2009, at age 81. He had been a partner in the sales agency of Frank J. Brady & Associates...
May 01
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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...
April 13
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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)...
April 13
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2009
4/13/2009 HEADLINES Unsealed Fasteners Prompt FAA Action Non-coated fasteners played a role in the Federal Aviation Administration’s proposal to enhance inspection and repair of thrust reversers on more than 300...
April 13
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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...
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....
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...
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...
April 13
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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...
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....
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...
