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U.S. 232 Tariff Exclusion Process Still Vexing

February 17
17:36 2019
    U.S. 232 Tariff Exclusion Process Still Vexing

“It’s caused us major, major chaos,” Dexter Fastener Technologies VP Jim Cremering told The Detroit News. "We got exemptions for some, but not others. It doesn’t make sense.”

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Industrial Fastener Stocks Show Strength in 2018

January 07
12:10 2019
    Industrial Fastener Stocks Show Strength in 2018

After two consecutive years of double-digit growth, the FIN Fastener Stock Index contracted in 2018, hampered by volatility that dominated the markets, making 2018 the worst year for stocks in a decade.

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IFE Returns to Mandalay Bay for 2018

October 28
21:40 2018
    IFE Returns to Mandalay Bay for 2018

International Fastener Expo events begin on Tuesday in Las Vegas. The trade show will be 9am to 4pm on Wednesday and Thursday.

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Fastener Cos. Get Inconsistent 232 Tariff Waiver Responses

August 09
22:57 2018
    Fastener Cos. Get Inconsistent 232 Tariff Waiver Responses

“The Commerce Department continues to be overwhelmed, the process is inconsistent at best, and tilted to steel industry at worst,” Industrial Fasteners Institute’s Washington representative Jennifer Baker Reid told GlobalFastenerNews.com.

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SFA Panel: U.S. Tariffs 
Hiking Steel Prices

May 10
10:21 2018
    SFA Panel: U.S. Tariffs 
Hiking Steel Prices

Southwestern Fastener Association panelists agreed U.S. steel and aluminum tariffs are not creating jobs – just price increases.

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Proposed U.S. Tariffs Prompt Fears of Trade War

March 04
18:23 2018
    Proposed U.S. Tariffs Prompt Fears of Trade War

While U.S. steelmakers and aluminum firms celebrated President Donald Trump’s announcement, other manufacturers expressed concern about higher raw-material costs, as well as the potential for disruptions to U.S. exports, according to the Wall Street Journal.

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Trump Announces Steel Tariff

February 27
10:39 2018
    Trump Announces Steel Tariff

“President Donald Trump said the U.S. plans to impose 25% tariffs on steel imports and 10% on aluminum, and expects to sign a formal order next week,” Bloomberg reports.

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Optimas Collaborating on Electric Taxi

January 30
17:46 2018
    Optimas Collaborating on Electric Taxi

“The new TX features 2,000 components exclusive to the project, so LEVC leaned on Optimas’ expertise due to a track record of providing a myriad of fastener solutions to OEM automotive manufacturers around the world.”

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Take the FIN Survey

January 11
15:00 2018
    Take the FIN Survey

Since 1979, the FIN Survey has monitored how the fastener industry is performing. The results are published annually to provide benchmarks to measure your company performance. All responses are confidential.

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Cordless, Safety, Productivity Trends in 2018

December 21
20:34 2017
    Cordless, Safety, Productivity Trends in 2018

Joe Smith of Metabo Power Tools / North America said “revolutionary technological innovation & development are driving the cordless trend.”

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Lockard: Beware of Non-Conforming Threaded Rod

November 28
10:02 2017
    Lockard: Beware of Non-Conforming Threaded Rod

Process gives overseas manufacturers an advantage both in buying less steel to produce the product and in less weight to ship the threaded rod.

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