Global Fastener News

NEWS BRIEFS

FINdex Comes Roaring Back in Opening Quarter

April 02
00:00 2010

4/2/2010 NEWS BRIEFS FINdex Comes Roaring Back in Opening Quarter After gaining 10% in the final quarter of 2009, the FIN Fastener Stock Index came roaring back in the first...

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2010 Tide of Sea Freight Prices Rises Again April 1 – Increasing Fastener Costs

April 01
00:00 2010

4/1/2010 2010 Tide of Sea Freight Prices Rises Again April 1 – Increasing Fastener Costs Shipping container started going up in January, new charges are being added today and annual...

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Birmingham Fastener Buys NSS T-Bolt Business From Precision Castparts

April 01
00:00 2010

4/1/2010 NEWS BRIEFS Birmingham Fastener Buys NSS T-Bolt Business From Precision Castparts Birmingham Fastener’s manufacturing and distribution center in Alabama (courtesy Birmingham Fastener) Birmingham Fastener and Supply Inc. announced the...

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Weisberg Speaking to MFDA on Doing Business With U.S. Government

April 01
00:00 2010

4/1/2010 Weisberg Speaking to MFDA on Doing Business With U.S. Government Attorney Bill Weisberg will speak to the Metropolitan Fastener Distributors Association April 14, 2010, meeting doing business with the...

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All American Fastener Show Offers Free Registration

April 01
00:00 2010

4/1/2010 12:32:00 PM All American Fastener Show Offers Free Registration Free advance registration is being offered for the first All American Fastener Show. The show lists 28 exhibiting companies for...

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Improved "Sta-Tite" Toilet Seat Fasteners: No April Fools Joke

April 01
00:00 2010

4/1/2010 Improved “Sta-Tite” Toilet Seat Fasteners: No April Fools Joke Bemis Manufacturing Company introduced its Sta-Tite toilet seat fastening system to its residential toilet seats. Sheboygen Falls, WI-based Bemis manufactures...

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Elgin Fastener Group Adds Bailey

April 01
00:00 2010

4/1/2010 NEWS BRIEFS Elgin Fastener Group Adds Bailey Elgin Fastener Group named Carl Bailey of The Representative Co. to represent EFG in Colorado, Utah, Wyoming, Montana and Idaho. Bailey has...

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Danaher Forming Joint Venture with Fastener Tool Maker

March 31
00:00 2010

3/31/2010 NEWS BRIEFS Danaher Forming Joint Venture with Fastener Tool Maker Danaher Corp. and Cooper Industries are forming a joint venture for portions of their tool businesses, the companies announced....

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Insufficient Fastener Torque Prompts Nissan SUV Recall

March 30
00:00 2010

3/30/2010 NEWS BRIEFS Insufficient Fastener Torque Prompts Nissan SUV Recall Nissan is recalling 4,038 SUVs due to loose fasteners in the steering mechanism. “The fasteners securing the passenger front air...

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Porteous & Wheeler at Pac-West: Fastener Prices Headed Up

March 29
00:00 2010

3/29/2010 NEWS BRIEFS Porteous & Wheeler at Pac-West: Fastener Prices Headed Up Bruce Wheeler of Star Stainless and Barry Porteous of Porteous Fastener Co. speak at Pac-West Take a look...

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Pac-West Scholarship Named for Benefactor Kirsner; Judy Kirsner Restarting Fastener Museum

March 29
00:00 2010

3/29/2010 NEWS BRIEFS Pac-West Scholarship Named for Benefactor Kirsner; Judy Kirsner Restarting Fastener Museum Mel Kirsner The Pacific-West Fastener Association has named its new scholarship fund for Mel Kirsner. His...

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EACO Corp. Acquires Bisco Industries

March 29
00:00 2010

3/29/2010 NEWS BRIEFS EACO Corp. Acquires Bisco Industries EACO Corp. completed the acquisition of Bisco Industries Inc. for an undisclosed sum. Founded in 1973, Bisco distributes fasteners and electronic components...

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Wire Producer Tree Island Warns of Raw Material Price Hikes

March 29
00:00 2010

3/30/2010 NEWS BRIEFS Wire producer Tree Island Industries Ltd. reported 2009 revenue of $165.6 million, an EBITDA loss adjusted for foreign exchange of $36.5 million and a full-year net loss...

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Acument Completes France Divestiture

March 26
00:00 2010

3/26/2010 NEWS BRIEFS Acument Completes France Divestiture Acument Global Technologies completed the sale of its French automotive business to two buyers, the company announced. Lisi and Agrati, as well as...

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STAFDA Publishes Showroom Manual

March 26
00:00 2010

3/27/2010 NEWS BRIEFS STAFDA Publishes Showroom Manual The Specialty Tools & Fasteners Distributors Association published “Creating an Attractive Showroom Manual.” “What’s the goal of your showroom?” is a topic author...

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CDP Fastener Group Wins Award

March 25
00:00 2010

3/25/2010 NEWS BRIEFS CDP Fastener Group Wins Award Raytheon Integrated Defense Systems presented its Supplier Excellence Award to CDP Fastener Group Incorporated. The award is based on on-time delivery, quality...

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Wire Rod Price Hikes Ahead

March 25
00:00 2010

3/25/2010 NEWS BRIEFS Taiwan wire rod maker Quintain Steel indicated it would raise prices to offset higher raw material costs. The hike is estimated to be between TWD 1,000 (US$31.40)...

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DCI International Names Feza and Divorski

March 24
00:00 2010

3/24/2010 NEWS BRIEFS DCI International Names Feza and Divorski Carla Feza was promoted to sales manager of DCI International Inc. and Lawrence Divorski joined the sales team. Founded in 1990...

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NIFS/West Already at 492 Booths for November Las Vegas Show; NIFS/East Has 62 Booths for May Columbus Show

March 24
00:00 2010

3/24/2010 NIFS/West Already at 492 Booths for November Las Vegas Show; NIFS/East Has 62 Booths for May Columbus Show Show management for the National Industrial Fastener Show/West announced 384 companies...

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UK’s Staytite Acquires Portafix

March 23
00:00 2010

3/23/2010 NEWS BRIEFS UK’s Staytite Acquires Portafix UK fastener maker Staytite Ltd. acquired fastener supplier Portafix Ltd. for an undisclosed sum, Fastener + Fixing reports. Founded in the late 1990s,...

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