Global Fastener News

NEWS BRIEFS

H. Paulin Celebrates 90th Anniversary

December 29
00:00 2010

12/30/2010 12:55:00 AM NEWS BRIEFS H. Paulin Celebrates 90th Anniversary H. Paulin & Co., Limited is marking the 90th anniversary of its founding in 1920.   Today H. Paulin is...

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Fastener Manufacturer Turns Strong Profit

December 28
00:00 2010

12/28/2010 NEWS BRIEFS Fastener Manufacturer Turns Strong Profit Sanshing Fastech Corp. is reportedly generating sales in 2010 well above the year before.   The Taiwan automotive fastener manufacturer earned TWD...

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A. Lyons Forms Fastener Division

December 28
00:00 2010

12/28/2010 11:55:00 AM A. Lyons Forms Fastener Division A. Lyons & Company Inc. formed a fastener division headed by vice president of industrial products Rick Fine.  A.Lyons imports and supplies...

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Fastening Systems Names New Sales VP

December 26
00:00 2010

12/28/2010 12:05:00 AM NEWS BRIEFS Fastening Systems Names New Sales VP Rick Stone is the new vice president of sales for Fastening Systems Inc.   Founded in 1987, Fastening Systems...

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Rail Fastener Producer L.B. Foster Acquires Portec

December 24
00:00 2010

12/24/2010 12:03:00 AM NEWS BRIEFS Rail Fastener Producer L.B. Foster Acquires Portec Train fastener and rail products manufacturer L.B. Foster finalized its $113.3 million acquisition of Portec Rail Products.  ...

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Headquarters Relocation Caps Strong Year for Acument Global Technologies

December 22
00:00 2010

12/22/2010 11:38:00 AM NEWS BRIEFS Headquarters Relocation Caps Strong Year for Acument Global Technologies Acument Global Technologies has decided to keep its headquarters in Michigan, though the company will relocate...

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Anixter Expands Access Control Market Presence

December 19
00:00 2010

12/20/2010 11:05:00 AM NEWS BRIEFS Anixter Expands Access Control Market Presence Anixter International Inc. has acquired all the outstanding shares of Clark Security Products Inc. and the assets and operations...

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Report: Distributors Target Domestic Growth Amid Focus on Asia

December 19
00:00 2010

12/22/2010 12:46:00 AM NEWS BRIEFS Report: Distributors Target Domestic Growth Amid Focus on Asia Prominent distributors around the world are focusing abroad to grow their business in 2011, with 70%...

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Audit Reveals Cause of Missing Military Jet Fasteners

December 17
00:00 2010

12/17/2010 NEWS BRIEFS Audit Reveals Cause of Missing Military Jet Fasteners A federal audit was released on Lockheed Martin’s Greenville, SC, facility. In mid November Lockheed Martin hosted several federal...

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Training Institute Schedules CFS & Automotive Courses

December 17
00:00 2010

12/17/2010 Training Institute Schedules CFS & Automotive Courses The Fastener Training Institute will conduct an Automotive Technology training this spring and a one-week Certified Fastener Specialist program in July. The...

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Misplaced Fastener Prompts VW Recall

December 16
00:00 2010

12/16/2010 12:02:00 AM NEWS BRIEFS Misplaced Fastener Prompts VW Recall Volkswagen is recalling 413,000 cars in North America due to a potential fastener-related fuel leak. About 377,000 are in the...

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Acument’s Ring Screw To Undertake $5.1m Operation Expansion

December 15
00:00 2010

12/15/2010 12:32:00 AM NEWS BRIEFS Acument’s Ring Screw To Undertake $5.1m Operation Expansion The Michigan Economic Growth Authority is poised to approve tax credits for three automotive suppliers, including a...

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ITW Organic Sales Growth Nears Double-Digits

December 15
00:00 2010

12/15/2010 12:26:00 PM NEWS BRIEFS ITW Organic Sales Growth Nears Double-Digits (Courtesy Autoblogtoday.org) Illinois Tool Works Inc. reported Transportation segment revenue, including fasteners, increased 10.1% for the three months ended...

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Undertorqued Fasteners Prompt Jaguar Recall

December 14
00:00 2010

11/29/2010 NEW BRIEFS Jaguar Land Rover North America LLC is recalling certain 2010 and 2011 model year Jaguar XJ sedans to correct a windshield wiper flaw.   Jaguar XJ fasteners...

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WTO Rules Against EU Duties on Chinese Fasteners

December 14
00:00 2010

12/14/2010 HEADLINES The World Trade Organization ruled that European Union duties on fasteners from China break international trade rules in many cases and should be revised.   The ruling “marks...

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Spirol Int’l Names Koehl as CEO

December 14
00:00 2010

8/21/2010 9:30:00 AM NEWS BRIEFS Spirol Int’l Names Koehl as CEO Spirol International named Jeffrey F. Koehl as chairman and CEO, and William R. Hunt as president and COO of...

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Former Textron Fastening Systems Exec Named Plastics CEO

December 14
00:00 2010

12/9/2010 11:55:00 PM NEWS BRIEFS Former Textron Fastening Systems Exec Named Plastics CEO Mold-Masters Ltd. named William (Bill) Barker as its new CEO.   Barker, 60, has spent over 20...

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Grainger Reports Sales Boost in November

December 14
00:00 2010

12/13/2010 11:01:00 AM NEWS BRIEFS Grainger Reports Sales Boost in November Grainger reported daily sales jumped 14% in November, including a 2 percentage point contribution from acquisitions and a 1...

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BE Aerospace Names New President and COO

December 14
00:00 2010

12/14/2010 12:21:00 AM NEWS BRIEFS BE Aerospace Names New President and COO BE Aerospace President and COO Michael Baughan is resigning “to actively pursue other opportunities,” the company reported.  ...

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Report: Expect Price Hike for Wire Rod Exports

December 14
00:00 2010

12/14/2010 12:36:00 PM NEWS BRIEFS Report: Expect Price Hike for Wire Rod Exports Analysts say Japan’s integrated steelmakers will increase prices by US$50 to US$100 per ton for wire rod...

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