The U.S. and European Union have agreed to end a dispute over U.S. steel and aluminum tariffs imposed in 2018, averting a spike in EU retaliatory tariffs, Reuters reports.
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Founded in 1983 by the late Doug Adams, EFC is a global supplier of specialty engineered metal and plastic fasteners and other component parts to OEMs and distributors.

“Relief will not be until 2023, at best,” panelist Danielle Riggs told the joint conference of the Southwestern Fastener Association and Pacific-West Fastener Association.

Taiwan fastener exports to the U.S. rose 19.6% to 348,811 kg in the first half of 2021 despite strong headwinds from global shipping bottlenecks, Fastener World reports.

Attendee traffic may have been thin, but fewer exhibitors helped the 40th International Fastener Expo in Las Vegas feel less empty.

Twice a manufacturer's rep, Rick Rudolph has been a manufacturer and distributor too.

O’Keefe, Hearn, Boyd & Rittner offer HR tips to the National Fastener Distributors Association.
Declining Fastener Distributor Index in August reflects “lower employment levels and a softer seasonally adjusted sales index,” according to R.W. Baird analyst David Manthey.

The Covid-19 pandemic has been postponing or canceling fastener events since March 2020, but multiple trade shows remain on the docket for late 2021.
Fastener manufacturers’ organization marks 90th anniversary in 2021.

An average General Motors electric vehicle has about 6.16% fewer fasteners than the traditional internal combustion engine car.

Continued supply chain disruptions and spiking demand muted the FIN Fastener Stock Index in the second quarter of 2021 even as the U.S. economy made strides to fully reopen.

The Chun Zu and Formax cold headers will increase production by more than 3 million additional complex parts per month, allow Optimas to further focus on industries that require large diameter complex parts.
Taiwan-based Sheh Fung Screws announced that its first wave of price increases resulting from higher wire rod prices quoted by upstream suppliers has begun to pay off, Fastener World reports.
The combined company will continue to operate Vertex, Houston WIre's fastener redistribution business.

“Delivers the power of automated distribution by reducing supply cost, controlled product usage and state of the art technology,” the company stated.
MacLean Formetrix will be based in the Detroit suburb of Macomb Township.
Employers can have a “voluntary” vaccine policy leaving the decision to employees, or employers can institute a “deferred” policy allowing employees to wait until the vaccines have “permanent” approval. But employers also can issue a “mandatory” vaccine policy for all employees.

While falling from March’s 66 pace, the FDI indicates continued growth in fastener markets, according to R.W. Baird analyst David Manthey.
MW Components, which includes Century Spring, Accurate Screw Machine and Servometer, will be led by industry veteran Chris Fillmore.