Arconic, which includes Alcoa’s former $1.8 billion Fastening Systems and Rings business, is on track to separate its portfolio businesses by the second quarter of 2020.
HEADLINES
January 06
02:03
2020
The acquisition will provide the Japanese market with permanent access to PennEngineering's PEM and PROFIL fasteners and installation equipment, the company stated.
January 06
01:22
2020
Chess is the 10th fastener distributor AFC has acquired since being purchased in 2015 by Incline Equity Partners.
January 06
01:07
2020
Memphis-based CleanFit Associates manufactures personal protective equipment in Asia, Vietnam, India, Thailand, Malaysia, China and Indonesia.
January 06
00:39
2020
The Swedish fastener manufacturer said the deal strengthens its position in the international fasteners market and provides a “strong platform for continued growth globally.”
January 06
00:07
2020
Fastener Technology Corp. is a North Hollywood, CA-based supplier of high-strength specialty fasteners for commercial and military aerospace applications.
January 06
00:01
2020
Birmingham Fastener opened two branch locations: New York Fastener and Iowa Fastener. These locations will focus on distribution and Vendor Managed Inventory (VMI) sales. New York Fastener, based in Elmira,...
December 10
09:31
2019
In 2018, threaded rod imports from Taiwan increased 16.2% to 81,244 metric tons, with the value rising 12% to an estimated $156.1 million, according to U.S. Census Bureau data.
December 10
07:04
2019
William Jones reportedly hid statements showing he used the Spokane, WA, distributorship’s credit card to pay for personal expenses, including his daughter’s college tuition and landscaping at his residence. Fastenal acquired Fasteners Inc. in 2015.
December 10
06:31
2019
Beaulieu doesn’t think the U.S. and China are close to a trade deal that would reduce or eliminate tariffs. The two countries “can’t even agree on a ‘little’ moonwalk of walking back tariffs in a Phase 1 deal.”
December 10
05:49
2019
Importing platform was created to reduce lead times on commoditized items without increasing cost.
December 10
04:47
2019
Knowlton said his sales career “blossomed” once “my customers and distributors became my friends and my business partners as we grew together.”
December 10
03:45
2019
The Swedish fastener manufacturer said the move provides it a “modern and fully integrated plant with cold forming, heat treatment and surface treatment,” making Bulten one of the few fastener suppliers in China that controls all steps in the manufacturing process in-house.
December 10
03:19
2019
The 43rd annual Specialty Tools & Fasteners Distributors Association Convention & Trade Show included more than 4,900 attendees and 690+ booths, CEO Georgia Foley announced.
December 10
02:49
2019
The third Fastener Fair USA will be May 18-20, 2020, in Charlotte.
December 10
02:16
2019
Chuck Halpin of Brighton-Best International is the new chair of the Fastener Industry Coalition, and John Wachman of the Fastener Training Institute is vice chair.
December 10
02:12
2019
The tracks in the Sunday-through-Wednesday schedule are: Distribution strategy; leadership / professional development; management + HR; marketing; operations; and sales.
December 10
01:44
2019
The classic process of adopting any tech and “flipping the switch” is obsolete, Leyden noted. The old ways of doing business will hang on until suddenly a majority embrace new tech, at which point it changes how something is accomplished.
December 10
01:40
2019
Participants at the Specialty Tools and Fasteners Distributors Association’s NextGen Networking luncheon received advice from business executives.
December 10
01:35
2019
Swedish fastener manufacturer BUMAX received a SEK 1.7 million (US$177,333) order for corrosion resistant and maintenance free studs to be used for a wind farm off the Belgian coast. BUMAX said...
