Global Fastener News

NEWS BRIEFS

Huyett Names Marketing VP

August 23
01:41 2023
    Huyett Names Marketing VP

New executive has 26 years of experience and holds a bachelors in business administration from Dickinson State University.

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Tree Island Steel Names New Executives

August 23
01:24 2023
    Tree Island Steel Names New Executives

Steel price cuts, macroeconomic conditions and lower volumes reduce profitability for the Vancouver, BC-based wire rod and steel products supplier.

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CLASSIFIED: Purchasing Manager

August 22
13:43 2023

Xl Screw requirements include prior experience purchasing fasteners, as well as product knowledge and computer skills.

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Henkel Appoints North America President

August 17
08:38 2023
    Henkel Appoints North America President

New president of the Henkel North America region has global metals and coatings market experience.

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Rotor Clip Wins GM Supplier Award

August 17
07:03 2023

“This is a testament to our team’s dedication to maintaining only the highest quality standards across all areas of our business.”

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Blue Ribbon Fastener Warehouse Goes Wireless

August 16
23:34 2023
    Blue Ribbon Fastener Warehouse Goes Wireless

The Illinois distributor takes the next step in its transition to a fully digitized Class-C component distribution process.

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Fastenal Repurposing ‘Pallet Wrap’

August 16
09:38 2023
    Fastenal Repurposing ‘Pallet Wrap’

Fastenal has invested more than $300,000 in equipment and infrastructure in its U.S. distribution centers to efficiently bale and consolidate used PE film for recycling.

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FDI Falls “Significantly” in July

August 14
15:33 2023
    FDI Falls “Significantly” in July

Sales, employment and supplier deliveries declined sequentially, while customer inventories improved month-to-month.

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China Steel Raises Prices Amid Recovery

August 10
09:34 2023
    China Steel Raises Prices Amid Recovery

Domestic steel consumption is poised to recover amid improving demand from automotive and computer manufacturers, the Kaohsiung-based steelmaker stated.

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OneMonroe Acquires EFI

August 08
14:52 2023
    OneMonroe Acquires EFI

Founded in 1960, Canton,MA-based Electronic Fasteners Inc. is a stocking distributor that will be renamed Monroe EFI.

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Albolt Mfg. Relocates to Rockford

August 07
22:53 2023

The specialty fastener manufacturer relocated from suburban Chicago to a new location in Rockford - the traditional home of the U.S. fastener industry.

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Fastenal Fastener Sales Drop Amid Slowing Growth

August 07
10:07 2023
    Fastenal Fastener Sales Drop Amid Slowing Growth

Fastener sales had stabilized in June, holding at a 0.6% rate of decline that began in May and ending a 27-month stretch of fastener product revenue growth.

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Park-Ohio Fastener Sales Grow

August 03
22:43 2023

Higher customer demand for its proprietary products and sales from the 2022 acquisition of Charter Automotive drive gains.

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OBITUARY: Maury Finkelstein

August 03
12:48 2023
    OBITUARY: Maury Finkelstein

He co-founded South Carolina-based Warren Fastenings South with his son, Eric Finkelstein.

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Commercial Demand Drives Howmet Gains

August 01
23:24 2023

“The outlook for Howmet Aerospace continues to be strong and supported by the extraordinary backlog of commercial aircraft orders at Airbus and Boeing,” stated CEO John Plant.

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Stanley Engineered Fastening Reports Organic Growth

August 01
22:54 2023
    Stanley Engineered Fastening Reports Organic Growth

Double-digit sales growth in aerospace and automotive revenues was partially offset by softer industrial markets.

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STAFDA Launches Excellence in Distribution Website

August 01
20:31 2023

The first EiD is scheduled for March 12-14, 2024, in Nashville.

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ITW Fastener Segment Results Mixed

August 01
19:56 2023

“We expect stable underlying demand and continued strong margin and profitability performance through the balance of the year.”

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Fastener Supply Acquires General Machinery

August 01
14:27 2023
    Fastener Supply Acquires General Machinery

General Machinery will operate as a branch of Fastener Supply, with Michelle Hampton continuing as branch manager.

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Packer Fastener Opens New Branch

August 01
14:08 2023

Expansion serves customers in western Wisconsin and southeastern Minnesota.

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