Nedschroef expects that sales and services outside Europe will exceed 65% of the total sales by 2030, prompting the Belgian company to pursue the East Asia market.
NEWS BRIEFS
May 15
22:43
2023
NORMA also named Guido Grandi as CEO, replacing acting interim CEO Miguel Ángel López Borrego.
May 10
13:44
2023
Packer Fastener is marking the 25th anniversary of its founding in Wisconsin. The Green Bay-based threaded fastener and industrial supply distributor was founded on May 4, 1998, when “three fastener...
May 10
12:15
2023
Automotive customer demand was “relatively steady... (while) there was continued softening in demand from non-automotive customers amid an uncertain economic future.”
May 10
10:11
2023
“Severe weather conditions in certain parts of the West impacted a portion of volume.”
May 09
12:24
2023
Fastener sales growth was approximately halved in April despite 21% growth in sales to manufacturing customers.
May 05
20:15
2023
Park-Ohio Holdings Corp. reported sales in its fastener manufacturing business grew in the opening quarter of 2023, driven by higher customer demand for its proprietary products.
May 04
15:53
2023
Altenloh, Brinck & Co. US has named two experienced individuals to newly-created VP roles.
May 04
12:40
2023
Double digit growth in aerospace and high-single digit growth in automotive partially offset by softer industrial markets.
May 03
12:34
2023
Manchester-based EAP will be combined with AFC’s European business, TFC, to strengthen its position as a technical engineering products provider.
May 02
16:16
2023
Automotive OEM revenue, including fasteners, improved in the opening quarter of 2023, with operating income of $128 million and operating margin of 16.1%.
May 02
15:47
2023
Founded in 1960, Diablo and Freud supply aline of power tool accessories, including saw blades, router bits, recip blades, shaper cutters, SDS-Plus and SDS-Max hammer drill bits and bonded abrasives.
May 02
15:36
2023
Results boosted by the addition of SuperATV, new product launches and price increases to offset inflationary costs.
May 02
12:47
2023
Demand “continues to be strong for commercial aerospace, with higher aircraft production rates underpinned by continued growth in air traffic,” stated CEO John Plant.
May 02
01:54
2023
“These recent hires reflect our continuing effort to get closer to our customers in the field and support our distributors developing their business, at the point of use and place of assembly or manufacture,” stated CEO Timothy O’Keeffe.
April 28
15:56
2023
The UK-based fastener supplier highlighted its U.S. operation, which achieved 25% growth in the 12 months ended March 31.
April 27
18:06
2023
“Both segments delivered strong growth and expanded margins, while we continued to invest in our growth engines and provide exceptional customer service,” stated CEO D.G. Macpherson.
April 27
17:49
2023
“We can't wait to see the fresh ideas she brings to our social media platforms. Welcome, Kat!” STAFDA stated on Twitter.
April 26
11:40
2023
Vagner Finelli has held leadership positions in Precision Castparts, Lear Corp. and Textron.
April 26
02:19
2023
“This is the fifth consecutive quarter with sales in excess of SEK 1 billion,” stated CEO Anders Nyström.
