The acquired companies, with a workforce of 230 and $76 million in sales, will be rebranded as “Stronghold” and supply C-parts to industrial companies.
NEWS BRIEFS
April 08
23:06
2020
Flames emerged from a furnace vent pipe at Nucor Fastener in St. Joe, IN, shortly after 12:30 a.m. on April 8, but the facility sustained no damage, the Butler Bulletin reports.
April 08
12:25
2020
“In Asia, where the impact of the COVID-19 pandemic was most evident in the first quarter, we are seeing the first signs of market normalization, primarily in China,” the company stated.
April 08
09:51
2020
Ventura has over 35 years of fastener industry experience and currently serves on the North Coast Fastener Association board.
April 07
13:09
2020
Mentor, OH-based Accu-Tech has operated as a high-precision machine shop for the last 25 years, primarily selling to the specialty valve and tooling industries.
April 06
21:56
2020
The seasonally adjusted March FDI (44.4) experienced a sharp contraction (February 53) “as the COVID-19 pandemic and ensuing shutdowns took hold over the latter half of the month,” R.W. Baird analyst David Manthey wrote.
April 06
21:14
2020
Graham Robinson served as a Honeywell executive for seven years, most recently as president of Honeywell Industrial Safety, a $2.2 billion global business.
April 06
16:03
2020
“In this new role, Brad will be responsible for the Chemistry, Metallography, Mechanical Testing, Machining Departments,” LTI stated.
April 04
15:06
2020
Brighton-Best Socket Screw Mfg. co-founder Perry Rosenstein, 94, died April 3 from COVID-19, the New Jersey Globe reports.
April 03
09:08
2020
Fastening for: Automotive, Renewable Energy, Construction Equipment, Tool Die & Mould, Medical, Defense & Aerospace, Oil & Gas, Power Transmission and Locomotive.
April 02
21:21
2020
44-year-old Pasquale Gallace of Agrati logistics in Italy died March 27 of COVID-19, according to Agrati CEO Paolo Pozzi. His father had died a few days earlier.
April 01
14:51
2020
“Earnest Machine needed a way to support its growing VMI business, but my father also wanted to introduce inch to a metric market and likewise metric to an inch market,” CEO Kirk Zehnder said.
April 01
12:53
2020
Fastenal and Apex have worked together since 2008 to develop a vending delivery platform for the industrial and commercial marketplace.
March 31
23:48
2020
Association providing coronavirus information to members online.
March 31
22:55
2020
Based in Pittsburgh, the new company is composed of engine products, fastening systems, engineered structures and forged wheels businesses.
March 31
10:14
2020
Nowak began his fastener career in 1970. He retired as owner of Falcon Fastening in 2018.
March 31
09:38
2020
Würth Industry North America signed a national agreement to distribute Markforged industrial metal and carbon fiber 3D printers.
March 30
01:29
2020
What NFDA and Pac-West distributors need to do to “go head-to-head with the Amazon world” is “develop new services and get paid for the services.”
March 27
14:19
2020
The Fastener Fair team will work with the venue, Paris Expo – Porte de Versailles, customers and partners over the coming weeks to find new dates.
March 25
13:34
2020
“The volatile market environment and tense geopolitical situation had a negative impact on our business,” stated COO Friedrich Klein.
