Global Fastener News

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STAFDA Lists Nashville Speaker & Music

March 04
18:10 2019
    STAFDA Lists Nashville Speaker & Music

Norton|Saint-Gobain Abrasives North America sales & marketing VP Glenn Knowlton will present the Associate State of the Industry address during the Specialty Tools & Fasteners Distributors Association’s 43rd annual convention & trade show in Nashville. Country music duo Big & Rich will open the event.

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IFE Adds Preview Hours for 2019

March 04
18:00 2019

The international sourcing and the machinery sections will open early on the first day of the September 17-19, 2019, International Fastener Expo in Las Vegas.

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Reed Completes Fastener Fair Acquisition

March 04
17:59 2019

Reed had agreed to acquire Mack Brooks in January.

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Arconic Reports 8% Sales Growth

March 04
16:42 2019

Arconic has commenced plans to reduce operating costs by approximately $200 million on an annual run-rate basis.

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Wesco Aircraft Sales & Profit Improve

March 04
15:23 2019

“Long-term contracts were higher, primarily due to higher chemical pass-through revenue and related service fees, while hardware volume increased at a lesser pace,” the company stated.

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SHORTTAKES: 3Q, All Integrated Solutions, Beacon Fasteners, Earnest Machine, Metric & Multistandard, Phillips Screw and Specialty Screw

March 04
12:19 2019

Fastener distributor 3Q Inc. received ISO 9001-2015 certification, John Vander Veen, sales & marketing, announced. “We are proud and grateful to all of our employees for their efforts in making...

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Report: Asia Pacific Fasteners Market At $45.5 Billion By 2025

February 04
22:21 2019
    Report: Asia Pacific Fasteners Market At $45.5 Billion By 2025

“Rising product demand as an integral bonding component for manufacturing vehicles, home appliances, industrial machinery, and aerospace structures is likely to drive industry growth,” according to a report by Research and Markets.

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Reed Exhibitions to Acquire Fastener Fair

February 04
10:23 2019
    Reed Exhibitions to Acquire Fastener Fair

Reed Exhibitions has agreed to acquire Mack Brooks Exhibitions – owner of multiple fastener trade shows, including the world’s largest, Fastener Fair Stuttgart.

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Fastener Industry Responds To EV Market Demands

February 04
06:35 2019
    Fastener Industry Responds To EV Market Demands

Half of almost 1,000 automotive industry decision makers surveyed in Europe, Asia, and the Americas believe battery electric vehicles are the No. 1 trend in their sector, up from the No. 3 spot in 2016 (and up from the No. 9 spot in 2015), according to KPMG’s Global Automotive Executive Survey 2017.

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FDI Retreats For Second Straight Month

February 04
05:31 2019
    FDI Retreats For Second Straight Month

Sales trends improved in December, with 42% of respondents indicating sales were “better” relative to seasonal expectations vs. 34% of respondents the previous month.

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Arconic Cancels $10b Acquisition Deal

February 04
04:14 2019
    Arconic Cancels $10b Acquisition Deal

“We did not receive a proposal for a full-company transaction that we believe would be in the best interests of Arconic’s shareholders and other stakeholders,” stated company chairman John C. Plant.

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IFI’s 10th Edition Includes 40 Standards Updates

February 04
03:59 2019
    IFI’s 10th Edition Includes 40 Standards Updates

Brahimi: Prime for the online edition are companies with multiple users. “Companies that need multiple books for a single location or books for multiple locations get a much better deal, and several of those have purchased the online subscription.”

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Stuttgart Totaling 960 Exhibitors

February 04
03:29 2019

Show management for the 8th International Exhibition for the Fastener & Fixing Industry reports 960 exhibitors from 44 countries for the 2019 three-day event. Fastener Fair Stuttgart is open Tuesday,...

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Hahn Acquires Straight Drive Fasteners

February 04
03:25 2019

Comstock Park, MI-based Straight Drive Fasteners distributes fasteners, adhesives, tools, MRO and accessories.

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Fastener Fair in Detroit Adds Education Sessions

February 04
03:01 2019

Registration has opened for the second Fastener Fair USA, set for May 22-23, 2019, at the Cobo Center in Detroit.

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Motor City Industrial Buys Smith Fastener

February 04
02:57 2019
    Motor City Industrial Buys Smith Fastener

Founded in 1965, Smith Fastener distributes industrial fasteners and ancillary products throughout North America from locations in West Virginia, Pennsylvania and Texas.

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Fastener Machinery Auction March 7

February 04
02:25 2019
    Fastener Machinery Auction March 7

Equipment includes multi-die headers, nut formers and tappers, pointing machines, and other screw, bolt, specialty fastener and cold forming manufacturing machinery.

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SHORTTAKES: AFC Industries, Brighton-Best, Fast-Exec, Sphere1 and United Performance Metals

February 04
02:20 2019

Peter Sullivan is retiring from AFC Industries. Sullivan was president of Accurate Fasteners, which was acquired by AFC Industries in 2017. Sullivan was the 2005-2006 president of the National Fastener...

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Fastenal Reports Double-Digit Fastener Sales Growth

February 04
01:42 2019

“Tariffs had a small impact on sales and profits in 4Q18, but a greater impact on our inventory growth,” the company stated. “Discussions with customers about addressing tariffs have been encouraging.”

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Würth Group Posts Record Results

February 04
01:12 2019

For 2019, Würth expects mid-single-digit growth in sales and a proportionately higher operating result. 

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