Traditional internal combustion vehicles still dominate, but BloombergNEF predicts electric vehicles will total 70% of the U.S. light vehicle market by 2040.
HEADLINES
May 17
19:56
2022
A general market slowdown, limited material availability for specialty fasteners, lower “panic buying” and Spring Break-related softness weighed on fastener sales growth last month, according to R.W. Baird analyst David Manthey.
May 17
18:57
2022
Publicly-traded fastener companies reported fluctuating sales driven by varying market conditions.
May 17
17:02
2022
Birmingham Fastener hired Baron Yarborough as GM of Champion Manufacturing, a rubber gasket manufacturer that Birmingham Fastener acquired in April. Yarborough and his team will be working closely with Birmingham...
April 14
13:05
2022
The Department of Transportation launched a new data sharing initiative to speed up delivery times in the supply chain, reduce delays and lower costs for consumers.
April 14
12:45
2022
Jun Xu of Brighton-Best International, Tim Roberto of Star Stainless Screw and Chris Donnell of Scanwell Logistics were panelists at the 2022 Pac-West spring conference.
April 14
12:30
2022
The economy is back and even “overheated,” which can lead to cyclical risks, economist Christopher Thornberg said.
April 14
12:15
2022
Fastener daily sales increased 24.6% in the first quarter of 2022, boosted by strong growth in March.
April 14
11:45
2022
During a post-maintenance sea trial, the connecting rod assembly in the No. 3 main engine failed and ejected components that breached the crankcase and ignited hot pressurized gasses.
April 14
11:30
2022
The Industrial Fasteners Institute presented its 2022 Soaring Eagle service award to Michael Friel of Haydon Bolts and St. Louis Screw & Bolt, and its technology award to Kevin Menke of Fastenal Co.
April 14
11:15
2022
In 1992 O’Keeffe purchased G.L. Huyett from Bob and Dolly Hahn. What started as a single-employee business has grown to 160 employees, four distribution centers, two manufacturing centers, a Kansas headquarters and a technology center in Nebraska.
April 14
10:30
2022
Atlanta Rod and Manufacturing Co. is adding 40,000 sq ft to its facility. “American manufacturing is THRIVING and we’re doing all we can to maximize growth in this essential industry!”...
March 15
23:34
2022
Amid the Ukraine crisis, fastener companies reacted with contract terminations, operation pauses and donations, Fastener + Fixing Magazine reports.
March 15
22:21
2022
Optimas has deployed the UR10e collaborative robot to simultaneously feed two CNCs that machine cold headed fasteners to customer specifications.
March 15
21:19
2022
The expansion is slated for completion in June 2022 and increases manufacturing, engineering and office space to 210,000 sq ft.
March 15
20:24
2022
“Pricing continues to increase as measured by the month-to-month and year-to-year indexes,” according to R.W. Baird analyst David Manthey.
February 22
23:23
2022
The European Commission approved definitive antidumping duties of up to 86.5% on imports of certain iron or steel fasteners from China, Fastener + Fixing Magazine reports.
February 22
22:28
2022
Importers bringing in circumvented product “will almost certainly be caught and pay the consequences in the end,” Matten predicted.
February 22
21:07
2022
“Don’t hold out hope for the U.S.’s stainless steel shortage to get better until you know of new supply coming online,” guest columnists wrote in AgMetalMiner.com. “This is a long-term, painful shortage.”
February 22
20:52
2022
Founded in 1952, Etanco supplies fasteners, connectors, anchors and safety solutions for roofing, cladding, façade, waterproofing and solar applications for the construction market throughout Europe.
