North America sales rose 10.4% and sales in Europe grew 10.6%.
NEWS BRIEFS
March 19
12:18
2019
Founded last year, Intuilize offers predictive analytics for midsize fastener distributors.
March 17
23:42
2019
Komar Screw was founded in 1969 as a full-line fastener distributor by Marvin “Marv” Kocian, who started in the fastener business in Chicago in 1961 by working for fastener distributor Carlton Screw.
March 14
18:24
2019
The Southwestern Fastener Association board has been struggling with direction, as most of the eight regional fastener associations have.
March 14
11:05
2019
The city of Elyria, OH, is expected to gain “nearly 100 manufacturing jobs, another 130,000 square feet of manufacturing space and millions in investment,” writes Dave O’Brien of the Chronicle-Telegram.
March 14
10:08
2019
Machinery from the closed AKKO Fastener Inc. plant in Middletown, OH, will be auctioned Wednesday, April 10, 2019.
March 14
08:42
2019
He was VP and a partner of Jay-Cee Sales & Rivet, where he started working in 1969.
March 12
11:38
2019
Facility in Florence, SC, to “support the southeast geography and growing customer base there.”
March 11
07:46
2019
“In the fourth quarter, our business in America and Asia grew by double-digits, exceeding expectations,” the company stated. “The demand in the European markets slowed down at a high level.”
March 10
22:49
2019
The manufacturer has had only two locations – moving from the original plant to Fairfield, NJ, in 1958.
March 07
17:00
2019
South Africa notified the WTO of investigation, which started March 1. Interested parties have 20 days to submit information.
March 07
12:21
2019
Overall Fastenal sales increased 10.5% to $411.9 million in February, while daily sales grew 10.5% to $20.6 million during February.
March 07
09:17
2019
“Stabilization or further moderation in the FDI could be more likely than acceleration from here,” according to R.W. Baird analyst David Manthey.
March 06
12:32
2019
“Our fastener manufacturing business continues to perform well, increasing sales of its self-piercing and clinch products to new customers around the world,” stated CFO Patrick Fogarty.
March 05
15:57
2019
Since 2007, Matt Schron has been GM for Jergens Industrial Supply, the company’s distributor of metalworking products representing more than 300 manufacturers in the U.S.
March 04
12:24
2019
Both have been active in the Southwestern Fastener Association since 1984. Both have been SFA chairpersons.
February 28
15:07
2019
Revenue increased “due to higher demand levels for more complex fasteners.”
February 28
12:26
2019
He was the owner of Delaware-based Kenneth G. Lilly Fasteners, Inc. – a distributorship founded in 1964 by his father, Kenneth Granville Lilly.
February 27
21:14
2019
Previously Filion worked for 20 years at Velcro USA Inc., including most recently as president.
February 25
14:43
2019
“When we make new hires, we look for people who perform best in a collaborative environment,” said CEO Kirk Zehnder.
