“We have seen a step-down in demand since April, while the pricing environment remains uncertain due to the overhang of tariffs and trade,” stated CEO Erik Gershwind.
NEWS BRIEFS
July 17
14:19
2019
Facility includes offices, a design center, and an ISO Class 5 Clean Room.
July 15
23:53
2019
Aluform USA “combines RIBE and MFCS strengths to bring the Aluform product line to the North American marketplace,” with application engineering, customer support and manufacturing in the U.S.
July 15
23:53
2019
Earnest Machine will be recognized at an awards event in August and will be profiled in Crain’s Cleveland Business’ August 5th edition.
July 15
10:55
2019
Des Moines, IA-based Boulder is an industrial distributor specializing in sourcing and logistics for components used in manufacturing and assembly environments.
July 15
10:26
2019
Varela brings 29 years of management experience in QA and operations to her position, including most recently as quality manager for Arconic Global Fastening Systems & Rings.
July 11
14:57
2019
“While we successfully raised prices as one element of our strategy to offset tariffs placed to date on products sourced from China, those increases were not sufficient to also counter general inflation in the marketplace.”
July 10
21:05
2019
Some distributors commented on political uncertainty ahead of the 2020 election as a key risk to the outlook.
July 02
10:38
2019
Rebranding “reflects unified global brand architecture, aesthetic, and standards that convey precision and a focus on the future.”
June 28
17:25
2019
The facility provides additional space for logistics as well as office space for sales and administration, with 9,700 square meters (104,409 sq ft) of floor space.
June 26
11:50
2019
Urs Langenauer has worked at SFS since 1995 and has been responsible for the business activities of Automotive division in North America since 2013.
June 20
17:11
2019
“Bulten’s ambition and sustainability strategy is that the entire business should be permeated by a sustainability-oriented way of thinking,” stated Marlene Dybeck, SVP HR and Sustainability.
June 20
12:29
2019
“The expansion that began in early 2016 includes significant additional manufacturing space, new state of the art warehouses for raw material and finished goods, a new quality lab and office space, new flooring, updated lighting, and significant investments in new production technology.”
June 20
10:23
2019
Beginning July 1, the advance registration price increases to $75. The onsite price in Las Vegas will be $85.
June 19
11:53
2019
“The availability of skilled workforce and proximity to Boeing were important factors in our decision to select this strategic location,” said executive VP Francoise Montsarrat.
June 17
16:01
2019
Sales of non-fastener products increased 10.8% during the month, compared to a 15% rate of growth in May 2018.
June 14
17:08
2019
“Japan's fastener production and production value grew simultaneously last year and the production value hit (a) record high,” according to ChinaFastenerInfo.net.
June 13
16:18
2019
The Department of Defense and Department of Energy are “looking hard again at the fastener industry due to questions about counterfeit fasteners,” Mowins said.
June 13
16:08
2019
Former VP of Elgin Fastener Group now executive VP of robotic systems integrator.
