Global Fastener News

NEWS BRIEFS

NFT Names Yeary Sales Director

September 16
17:11 2019

National Threaded Fasteners president Kathy Marazzi noted Yeary’s expertise includes technology, customer relations and B2B outside sales.

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EC Renews Probe Of Chinese Fasteners

September 13
17:11 2019

The European Commission re-opened the investigation originally concluded in July 2011 regarding antidumping duties applied to iron and steel fasteners from China to imports from Malaysia, Fastener + Fixing Magazine reports.

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U.S. Tariffs On Chinese Fasteners Delayed 2 Weeks

September 12
17:34 2019
    U.S. Tariffs On Chinese Fasteners Delayed 2 Weeks

U.S. President Donald Trump agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15 “as a gesture of good will,” Reuters reports. The tariffs were set to increase to 30% from 25% on the goods, including bolts, screws and other fasteners manufactured in China.

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EFC Implements Power BI by Microsoft

September 12
15:09 2019

“EFC’s implementation of Power BI provides our team with a powerful business analytics tool that delivers real-time interactive dashboards customized to our business strategy and performance metrics,” stated CEO Matt Dudenhoeffer.

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Tower Fasteners Achieves AS9100 Certification

September 12
14:18 2019

AS9100 Rev. D assures production meets quality requirements of the Department of Defense (DoD), NASA and the FAA.

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Fastool Repping 1Shot Steel Stud Anchor

September 11
18:02 2019

Canada-based 1Shot was started by inventor Mark Robberson.

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August FDI Continues Consecutive Gains

September 11
16:22 2019
    August FDI Continues Consecutive Gains

“Better sales trends and a slight improvement in the employment index were the main contributors of the improvement,” according to R.W. Baird analyst David Manthey.

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Agrati Completes $4m Upgrade in Ohio

September 10
11:57 2019
    Agrati Completes $4m Upgrade in Ohio

Agrati worked with National Machinery to purchase a new Formax cold former this year to expand capacity; it also purchased custom assembly machinery from Arnold Machine Inc. in Tiffin, OH.

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Ship & Shore Names New Sales VP

September 10
11:01 2019

Jim Stone has 25 years of experience in air pollution control and hazardous materials industries.

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General Fasteners Names Clarke President

September 06
15:22 2019
    General Fasteners Names Clarke President

Ian Clarke has more than 35 years of fastener distribution and manufacturing experience, including as CEO at Optimas OE Solutions, executive VP at Anixter Fasteners, and managing director at Caparo Atlas Fastenings in the UK.

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Niketas Succeeds Yeargin as LindFast CEO

September 05
11:52 2019
    Niketas Succeeds Yeargin as LindFast CEO

Bill Niketas succeeds Neil Yeargin, who led the acquisition of Stelfast in 2018 and the sale to Nautic Partners earlier this year.

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Two Acme Facilities’ Equipment To Be Auctioned

September 05
10:29 2019
    Two Acme Facilities’ Equipment To Be Auctioned

Hilco Industrial will conduct a two-day, live onsite and webcast auction on October 16-17 of two complete high-production fastener manufacturing facilities from Acme Companies in Cherry Valley and Wheaton, IL.

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Lawson Names M&A VP

September 04
23:09 2019

Brian Hoekstra was Grainger’s mergers & acquisitions senior director.

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China Fastener Exports Decline

September 03
17:02 2019

“It is estimated that China will suffer a difficult time in increasing its fastener export again in 2019,” according to Fastener World.

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Bulten Names New Senior Production VP

August 28
22:07 2019
    Bulten Names New Senior Production VP

Fredrik Bäckström succeeds Jörg Neveling, who will retire on October 31.

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Bonotto Packaging 2019 Technology

August 28
18:22 2019

High speed counting units; weigh scales; vertical & horizontal bagging machines; carton forming & closing; palletizing; material handling, and more …

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Bulten Cutting 50 Jobs in Germany

August 27
18:15 2019

The planned reduction “refers to both white-collar and blue-collar employees, as well as  temporary staff.”

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Würth Group Sales Rise, Profit Drops

August 22
11:19 2019

The sales volume of the companies outside Germany rose by 6.3%, with its Southern European companies posting the highest growth rates at 11.8%. In Germany, Würth sales grew 3.6%.

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UK Show Includes 100 Exhibitors, 50 Conferences

August 22
10:19 2019

The 2019 Fastener Exhibition & Conference in the UK will be September 11-12, 2019, at the NEC in Birmingham, UK.

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Classified: New & Used Fastener Machinery

August 22
10:07 2019

Barbarotto International Machinery has supplied new and used fastener machinery since 1981. 

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