Trifast’s smallest region, the U.S., “continued to perform very strongly with year-on-year growth rates of over 30% - largely driven by market share gains at existing multinational tier 1 and OEM customers in automotive and electronics sectors,” Fastener + Fixing Magazine reports.
NEWS BRIEFS
May 21
17:18
2019
In light of the trade war between the U.S. and China, "it may be the best timing for Taiwanese fastener companies to enhance their order intake,” according to Fastener World.
May 16
11:27
2019
“This new level of sponsorship will help FTI fund both existing programs and develop the new content needed to grow,” WINA and FTI stated in a joint press release.
May 15
22:13
2019
Level 1 Fasteners, Inc. began in the aerospace community in Southern California. After moving to Huntington, WV, in 1993, Level 1 Fasteners continues to provide products and services for industrial fasteners and related products.
May 14
18:49
2019
By end market, sales to manufacturing customers rose 7.4%, and sales to non-residential construction customers climbed 8.3% in April.
May 14
14:35
2019
Bossard credits the broad diversification of industrial segments it supplies as supporting the Group’s growth stability, Fastener + Fixing Magazine reports.
May 09
11:57
2019
“We have experienced increases in steel prices and other materials over the past year that have negatively impacted our gross margins and remain a concern as further increases are expected.”
May 08
10:13
2019
In 1988 he started working at Construction Tool &Threading Company of Southern California and five years later he purchased the nuts and bolts manufacturer. He sold the company to Industrial Threaded Products in 2019.
May 06
16:16
2019
Prior to the impositions of the tariffs on June 1, 2018, the Missouri-based nail manufacturer had 500 employees, but went to less than 300 because it lost some 60% of business.
May 06
16:11
2019
Fastener Tech will be June 4-5, 2019, at the Stephens Convention Center in Rosemont, IL, near Chicago’s O’Hare International Airport.
May 06
16:10
2019
“Sales trends rebounded nicely from weak March trends, which saw a contractionary sales reading,” according to R.W. Baird analyst David Manthey.
May 01
11:54
2019
PennAuto has supplied fasteners and precision components globally to the Chassis and Safety Systems division of Continental China since 2009.
April 30
20:12
2019
Segment operating profit rose 25% due to improved production efficiencies and a more favorable product sales mix.
April 29
22:22
2019
The honor recognizes product and service quality and commitment to continuous improvement.
April 29
16:42
2019
Organic fastener segment revenue grew 7%, driven by aero engine and defense growth.
April 29
16:14
2019
During the first three months of 2019, China fastener exports gained 4.5%, with the export value up 12.8%, according to ChinaFastener.Info.
April 28
22:59
2019
Founded in 1979, the NEFDA is currently led by president Michael Lentini of Spirol International Corp. and chair Dan Bielefield of Smith Associates Inc.
April 26
14:01
2019
Revenues, operating income and margin all down in the opening quarter of 2019.
April 25
14:48
2019
“The website showcases a fresh look and improved functionality with an easy to navigate design,” the company stated.
April 25
10:56
2019
The company said automotive light vehicle production declines and lower system shipments more than offset continued fastener penetration gains.
