Global Fastener News

NEWS BRIEFS

Omi-Lite Industries Reports Sales Growth

August 17
11:22 2022

Calgary-based Omni-Lite Industries manufactures high-performance metal alloy and composite components and fastener systems for the aerospace, defense, and automotive industries.

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OBITUARY: Don Wientjes

August 17
10:25 2022

CEO of Jacon Fasteners & Electronics was 81.

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Global Supply Acquires Innovative Plastics

August 16
11:37 2022

Founded in 1987, Campbell, CA-based Global Supply manufactures and distributes specialty electronic fasteners, interconnects, hardware, thermally conductive materials, test and measurement equipment.

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Norma Group Sales Grow

August 11
23:38 2022

“We managed to partially offset our increased material and logistics service costs through higher selling prices,” stated CEO Michael Schneider.

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Ruetz Seeks Participants For Family Biz Survey

August 11
23:25 2022

The survey is part of his PhD dissertation on impact of leadership passion, and company level “familiness” on family businesses succession or exit strategies.

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Fastenal Fastener Sales Growth Slows

August 09
17:09 2022

Overall sales grew 12.5% to $553.3 million, while daily sales totaled $27.7 million, up 28.2% from the previous July.

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National Machinery Adds Header for Re-Shoring

August 08
12:14 2022

“The machines target industry needs for the re-shoring of small fasteners and replacement of traditional headers,” the company stated. 

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Howmet Fastener Sales Grow

August 05
15:27 2022

Howmet Aerospace’s Fastening Systems segment hired 245 workers in anticipation of future revenue increases, bringing the total headcount added since the fourth quarter 2021 to approximately 380.

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BBI Partners with Nucor Fastener

August 04
11:54 2022

Brighton-Best International partnered with Nucor Fastener to become their principle master distributor of domestically manufactured standard fasteners.

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MSC Industrial Acquires Tower Fasteners

August 03
11:52 2022
    MSC Industrial Acquires Tower Fasteners

Tower Fasteners will continue to operate under its current name with Tower president Mark Shannon continuing to lead the business.

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B&B Electro-Mechanical Marking 30 Years

August 02
10:32 2022

Pat Catapano started in the fastener industry 50 years ago and in 1992 he opened B&B in Hauppauge, NY.

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Rhode Island Wellness Program Honors Groov-Pin

August 02
10:16 2022

The annual award recognizes employers who have implemented worksite health & wellness programs and shown a commitment to employee health and safety.

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Grainger Sales Growth Nears 20% in Q2

August 02
09:42 2022
    Grainger Sales Growth Nears 20% in Q2

We are increasing our 2022 outlook and remain well-positioned to deliver an exceptionally strong year.”

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Zupanic New FP&A Director for EFG

August 01
12:09 2022
    Zupanic New FP&A Director for EFG

Jim Zupanic has held roles in continuous improvement, supply chain, finance and lean manufacturing for four corporations.

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MFDA Resumes Table Top in September

August 01
11:08 2022

The trade show will be at the Hilton - Hasbrouck Heights/Meadowlands in Hasbrouck, NJ.

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Fasteners Sales Achieve 7% Organic Growth at Stanley Black & Decker

July 28
20:18 2022

“Our industrial fastener business has a healthy backlog, which is up 18% versus last year,” stated CEO Donald Allan.

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BBI Los Angeles Names New Managers

July 28
19:54 2022
    BBI Los Angeles Names New Managers

BBI is a master distributor and importer supplying 7,000 distributors through 32 locations in seven countries.

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Chris McCaffrey Joins Atlanta Rod

July 27
11:49 2022
    Chris McCaffrey Joins Atlanta Rod

McCaffrey is VP of the Fastener Training Institute and has been a board member of the Pacific-West Fastener Association.

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Simpson Mfg. Sales Jump in Q2

July 26
22:50 2022

Sales in North America gained 30.2% to $456.4 million on flat volumes due to price increases to offset rising raw material costs.

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Rudolph Heads NEFDA

July 26
12:23 2022

Morgan Rudolph of Rick Rudolf Associates is the 2022 president of the New England Fastener Distributors Association.

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