Global Fastener News

NEWS BRIEFS

Dorman Products Sales Increase

April 29
14:12 2020

CEO Kevin Olsen said the “vast majority” of Dorman’s retail and wholesale customers are open for business, so all of Dorman’s U.S. facilities continue operating at this time.

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Michael Mantis Named CEO of Fasteners Inc.

April 29
13:55 2020
    Michael Mantis Named CEO of Fasteners Inc.

Mike Mantis is the son of founder Keith Mantis, who died on April 19.

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OBITUARY: Neil Hadfield

April 29
09:41 2020

Hadfield, 75, was co-founder of Western Pacific Data Systems, which became Faspac Fastener Solutions. 

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Nucor Cold Finished Steel Sales Fall

April 28
15:07 2020

Nucor Corp. reported cold finished steel sales, including results from Nucor Fastener, fell 12% to 126,000 tons in the first quarter of 2020.

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EFC Moves to New Chicago Facility

April 28
12:30 2020
    EFC Moves to New Chicago Facility

The new facility includes 4,200 pallet locations, 26-foot ceilings and a circular flow from receiving to inventory to shipping to increase efficiency.

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BTM Names Desert Distribution as Rep

April 28
11:36 2020

Desert Distribution provides value analysis and engineering to industries including aerospace, automotive, appliance, solar, wind power and telecommunications.

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MWFA Postpones June 2020 TableTop

April 27
00:30 2020

Mid-West seeking August dates for the 39th annual trade show and 68th annual golf outing.

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Grainger Sees Q1 Sales Uptick

April 23
19:33 2020

“In the midst of the uncertainty, we delivered robust top-line growth, solid profitability, and continued to produce strong operating cash flow in the first quarter,” stated CEO DG Macpherson. 

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Bulten AB Fastener Sales Slow

April 23
13:27 2020

“The prevailing uncertain production situation in the automotive industry means that the development in the coming months remains difficult to predict,” stated CEO Anders Nyström. 

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OBITUARY: Keith E. Mantis

April 23
12:28 2020

He was the founder and principal owner of Fasteners Inc / Southwestern Supply, internet retailer ToolUp.com and Professional Contractors Supply.

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JW Winco Opens Branch In Canada

April 22
12:23 2020
    JW Winco Opens Branch In Canada

The branch, which has 6,000 sq ft of warehouse space and 2,300 sq ft of office space, opened in Ontario in March.

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CLASSIFIED: Cut Freight Costs With Free Audit

April 22
10:03 2020

Freight Audit Recovery provides a thorough audit and files overcharge claims.

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3Q Inc. Names Two Reps

April 22
01:33 2020

Founded in 2008, Naperville, IL-based 3Q supplies Sems washers, double coil lock washers, cold formed fasteners and sheet metal screws. 

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Fastener Trade Shows’ Latest Schedules

April 20
13:33 2020
    Fastener Trade Shows’ Latest Schedules

There will be “some jockeying around when states reopen, but things will sort themselves out very quickly,” STAFDA CEO Georgia Foley predicted. “I don't think it'll be long for America to hit its stride again!”

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Howmet Aerospace Sales Decline

April 15
15:10 2020

“The first quarter showed further performance progression both year over year and sequential quarter despite the disruptions during March due to COVID-19,” stated co-CEO John Plant.

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Automating Operations Topic of FFUSA Keynote

April 15
12:41 2020

OEM customers are automating manufacturing operations and parts suppliers must respond with seamless order and inventory systems, quality documentation and chain of custody tracking.

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NEFDA Reschedules To September 17

April 15
09:56 2020

“We are hopeful by September, everyone will be ready for a fun NEFDA event,” stated NEFDA president Mike Lentini.

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Fastenal Fastener Sales Drop Double Digits

April 14
13:41 2020
    Fastenal Fastener Sales Drop Double Digits

“March sales of our fastener products declined 10.1% on a daily basis as industrial activity slowed, while our safety business grew 31.0% on a daily basis as we were able to source and deliver critical personal protective equipment ('PPE') supplies to the marketplace,” the company stated.

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Munich Private Equity Firm Creates Stronghold Fastener Group

April 09
13:07 2020

The acquired companies, with a workforce of 230 and $76 million in sales, will be rebranded as “Stronghold” and supply C-parts to industrial companies.

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Nucor Fastener Fire Extinguished

April 08
23:06 2020

Flames emerged from a furnace vent pipe at Nucor Fastener in St. Joe, IN, shortly after 12:30 a.m. on April 8, but the facility sustained no damage, the Butler Bulletin reports.

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