5/21/2009 HEADLINES Russia Initiates Antidumping Investigation on Fasteners From All Countries The Russian Federation of Ministry of Industry & Trade has initiated an antidumping investigation on imported steel bolts and...
HEADLINES
5/11/2009 HEADLINES IFI Adds Thread Engagement Calculation Feature The Industrial Fasteners Institute added three pull-down menus to its IFI Technology Connection to answer engineer and customer questions about thread engagement,...
5/11/2009 HEADLINES Rose, Spillman Lead NFDA Wendy Rose of Blue Chip Engineered Products is the new president of the National Fastener Distributors Association, and James Spillman of Creative Assembly Systems...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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)...
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...
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...
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....
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...
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...