1/25/2011 3:07:00 PM NEWS BRIEFS Grainger Achieves Record Results in 2010 Grainger reported record sales of $7.2 billion in 2010, up 15% from the previous year. Net earnings increased 19%...
NEWS BRIEFS
January 24
00:00
2011
1/24/2011 12:52:00 AM NEWS BRIEFS PennEngineering Promotes ‘Green’ Technology with Installation Press The PEMSERTER Series 3000 automatic fastener-installation press system introduces “green” technology by performing without hydraulics to install all...
January 24
00:00
2011
1/24/2011 1:19:00 AM NEWS BRIEFS Higher Small Store Margins Drive Fastenal Earnings Higher margins at Fastenal’s smaller stores are driving company earnings going forward, UBS reports. “We are increasing our...
January 24
00:00
2011
1/25/2011 1:52:00 AM NEWS BRIEFS Former Alcoa Fastening Chief Adds New Title to His Resume Weeks after an impressive promotion, former Alcoa Fastening Systems President Olivier Jarrault added an additional...
January 23
00:00
2011
3/24/2011 4:33:00 AM NEWS BRIEFS Atlantic Fasteners Launches Website For Aerospace Division + click to enlarge Atlantic Fasteners launched AFAero.com to support the company’s growing aerospace division. The new dedicated...
January 23
00:00
2011
3/24/2011 4:01:00 AM NEWS BRIEFS Tree Island Names New CFO + click to enlarge Following the resignation of Brian Irving, effective April 8, 2011, Tree Island Wire Income Fund appointed...
January 19
00:00
2011
1/19/2011 12:56:00 AM NEWS BRIEFS Mack Brooks Introduces Fastener Fair Brazil The first Fastener Fair Brazil / Feira de Fixaco will be November 8-9, 2011, in Sao Paulo, Brazil, Mack...
January 19
00:00
2011
1/20/2011 10:49:00 AM NEWS BRIEFS Fastenal Names Two New Executive Directors Fastenal Company announced today the reelection of its existing executive officers and the election of two additional executive officers: Michael...
January 19
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2011
1/20/2011 NEWS BRIEFS JohnDow Appoints Scott to National Sales Manager JohnDow Industries appointed Teresa Scott to national sales manager, AftermarketNews reports. Scott will direct sales efforts for all JDI...
January 19
00:00
2011
1/21/2011 12:31:00 AM NEWS BRIEFS C-17 Production Cuts Hit Home at Alcoa Fastening Systems Boeing’s decision to reduce the production rate for its C-17 airlifter aircraft is hitting home with...
January 18
00:00
2011
1/18/2011 12:22:00 PM NEWS BRIEFS Fastenal Sales & Earnings Jump in 2010 Fastenal reported 2010 sales grew 17.6% to $2.27 billion, driven by OEM production increases. Full-year net earnings jumped...
January 17
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2011
1/17/2011 NEWS BRIEFS FMW Fasteners Introduces Free & Flat-Rate Online Shipping Following the Amazon.com model, FMW Fasteners has rolled out a streamlined shipping model that offers free and flat rate...
January 16
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2011
1/16/2011 9:43:00 AM New Bridge Bolt Standard Implemented A new standard for high-tensile bolts for bridges was implemented January 1, 2011 by Russia. In 2009 the standards agency for the...
January 16
00:00
2011
1/16/2011 7:21:00 PM Würth S.r.l. in Italy The Würth Group reported 2010 global sales rose 14.2% over 2009 and the company increased jobs by 7.9%, according to a preliminary annual...
January 14
00:00
2011
NEWS BRIEFS Australia Floods Swelling Steel Prices Extreme flooding in Australia is forcing spot prices for coking coal to surge, Crain’s Detroit Business reports. The hike is pushing steel prices...
January 14
00:00
2011
1/14/2011 2:52:00 AM NEWS BRIEFS Fastenal Settles Fed Dispute for $6.25m Text of Fastenal’s response In July 2010, we received a letter from the Civil Division of the Department of...
January 14
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2011
1/14/2011 10:34:00 AM NEWS BRIEFS EU & China Seek Joint Appeals Delay in WTO Fastener Ruling The European Union and China are jointly seeking a deadline extension to appeal a...
January 13
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2011
1/13/2011 Elgin Names Engineer to Management Team Dale Knotek Elgin Fastener Group named Dale Knotek to the management team. Knotek has 33 years of fastener experience as an industrial engineer...
January 13
00:00
2011
1/13/2011 12:53:00 PM NEWS BRIEFS India Fastener Industry Prepares for 20% Jump in Orders Courtesy Lakshmi Precision Screws Fastener companies in India are ramping up capacity to meet an anticipated...
