Global Fastener News

NEWS BRIEFS

MW Industries Acquires Fox Spring

November 24
11:40 2021

MW Industries CEO Simon Newman said Fox Valley Spring’s technology and expertise “will allow us to better support our customers as they seek custom springs made from specialty materials, manufactured to tighter tolerances.”

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WIFI Presents 2021 Award to Rich

November 24
10:34 2021

The Women in the Fastener Industry named Nancy Rich of the Mid-West Fastener Association as the 2021 Woman of the Year.

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UK’s Trifast Revenue Rises 31%

November 24
02:39 2021

CEO Mark Belton estimated the global chip shortage cost the company around £4m in lost sales, but he remains confident of the sector’s future growth prospects, particularly in EVs.

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Aerospace Fastener Machinery Auction on Dec. 16

November 24
02:23 2021

Equipment includes: Hot headers, thread rollers, hot presses, CNC turning centers, CNC machine center, grinders, furnaces, mills and lathes.

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Fastener Fair USA Returning to Detroit

November 18
00:18 2021

The second Fastener Fair USA was held in Detroit in 2019. The 2020 trade show was scheduled for Charlotte, NC, but ultimately canceled due to the Covid-19 pandemic.

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Distribution Week March 21-24

November 17
15:29 2021

The one-week 2022 University of Innovative Distribution will be March 21-24 in Indianapolis.

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Yarborough, Looft Lead SFA for 2022

November 17
11:23 2021

Baron Yarborough of Spring Bolt & Nut Manufacturing is the 2022 chairman, succeeding Jake Davis of BTM Mfg.

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FDI Improves Amid Higher Employment

November 16
11:49 2021
    FDI Improves Amid Higher Employment

“On the employee side we are finding more people coming in to apply for open positions vs September and before,” one respondent noted.

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Guthrie, Klassen Lead STAFDA for ’22

November 12
13:26 2021

Allan Guthrie, director of strategic sourcing at DXP of Omaha, NE, succeeds Brian Gersten of On Time Supply Inc. of Suffern, NY, who takes the past president role.

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Fastener Sales Still Rising At Fastenal

November 11
14:59 2021

Fastenal Co. reported fastener sales continued to climb in October, rising 23.2% during the month compared to a 4.7% decline during October 2020.

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Foley: STAFDA Members Warned of Covid in Jan. 2020

November 09
12:24 2021

Two months after the manufacturers’ warning, the JLC Live Show in New England was canceled due to the ‘new’ flu called COVID 19.

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Wrentham Adds Butler as CSR

November 09
11:24 2021

Founded in 1948, Wrentham has been an affiliate of Phillips Screw Co. since 2004.

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Howmet Fastener Sales Decline

November 04
12:00 2021

“The leading indicators for air travel remain encouraging, particularly for domestic travel. We expect revenue growth to continue in the fourth quarter 2021, and carry into 2022 and beyond,” stated CEO John Plant.

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Ramco Specialties Adds Parts Formers

November 04
11:00 2021

Ramco Specialties Inc. added two six-station parts formers with 30mm and 48mm capabilities.

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Pawelzig Succeeds Leib at WAFIOS

November 04
10:30 2021

Pawelzig succeeds Jutta Leib, who retired after 30 years – including 20 as managing director.

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Wencor Group Acquires ASC Industries

November 02
11:40 2021

Established in 1951, ASC Industries is a full-line stocking distributor of aerospace fasteners, fittings, and hardware from its 50,000 sq ft facility in Arlington, TX.

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Stanley Engineered Fastener Sales Slow

October 28
12:59 2021

“Strong general industrial growth was offset by market-driven aerospace declines and lower automotive OEM production resulting from the global semiconductor shortage.”

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B&F Fastener Acquires Mid States

October 27
13:29 2021

Ramsey, MN-based B&F Fastener Supply acquired Mid States Specialty Sales in Moline, IL, according to Industrial Distribution.

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Simpson Mfg. Sales Continue Growth

October 26
11:25 2021

“Our customers are adopting a more cautious stance in regard to their inventory levels given tightening labor and supply chain conditions and the potential impact on the building industry,” stated CEO Karen Colonias.

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Weaver, Morris Head Pac-West

October 25
15:45 2021
    Weaver, Morris Head Pac-West

Clay Weaver of Industrial Threaded Products was elected 2021-22 president of the Pacific-West Fastener Association and Jo Morris of Desert Distribution is vice president.

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