Global Fastener News

NEWS BRIEFS

Fastenal Sales & Earnings Drop

July 13
00:00 2009

7/13/2009 NEWS BRIEFS Fastenal Sales & Earnings Drop Fastenal sales dropped 21.4% to $474.89 million during the second quarter of 2009, “substantially” weakened by the struggling national economy. Q2 earnings...

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Five-Generation Fastener Family Launches FastenerJobs.com

July 12
00:00 2009

7/12/2009 A five-generation fastener family has launched FastenerJobs.com. As of June 29th, the website had 50 resumes posted, 18 registered employers and seven jobs posted. Ken Graham, who started in...

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FINdex Rebounds in Second Quarter

July 11
00:00 2009

7/11/2009 NEWS BRIEFS FINdex Rebounds in Second Quarter Following two quarters of declines, the FIN Fastener Stock Index rebounded in the second quarter of 2009, gaining 16.9% in value compared...

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Russian Association: Antidumping "Too High" a Price

July 10
00:00 2009

7/10/2009 NEWS BRIEFS Russian Association: Antidumping “Too High” a Price Alexander Semanov, coordinator of the Russian hardware and fastener association RosMetiz, has responded to indications that Russia may apply 36%...

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New Owner Renames Threaded Rod Co.

July 10
00:00 2009

7/10/2009 NEWS BRIEFS New Owner Renames Threaded Rod Co. Threaded Rod Co. is now known as Indianapolis Threaded Rod. Acme Manufacturing Company of Colorado acquired Threaded Rod at the end...

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Alcoa Fastener Segment Sales Drop

July 09
00:00 2009

7/9/2009 NEWS BRIEFS Alcoa Fastener Segment Sales Drop Alcoa’s Engineered Solutions segment, including Alcoa Fastening Systems, reported revenue declined 6% to $1.2 billion during the second quarter of 2009 “due...

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ReportLinker.com Unveils New Global Automotive Fastener Report

July 08
00:00 2009

7/8/2009 NEWS BRIEFS ReportLinker.com Unveils New Global Automotive Fastener Report Reportlinker.com added World Automotive Fasteners market, a new market research report analyzing the global markets for automotive fasteners from 2006...

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Grampian Adds Subsea to Oil & Gas Contracts

July 08
00:00 2009

7/8/2009 12:00:00 PM Grampian Adds Subsea to Oil & Gas Contracts Grampian Fasteners won an 18-month £200,000 (US$320,986) contract to supply fasteners for engineering and construction firm Subsea 7’s UK...

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1st Half 2009 Rodex Fastener Revenue Declines

July 08
00:00 2009

7/8/2009 NEWS BRIEFS 1st Half 2009 Rodex Fastener Revenue Declines First half of 3009 revenue plummeted for Rodex Fasteners Corp. The Taiwan Stock Exchange reported Rodex Fasteners Corp. January to...

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PEM China Receives Environment Award

July 07
00:00 2009

7/7/2009 11:18:00 AM NEWS BRIEF PEM China received the “Advanced Environment Protection Enterprise” award from the Kunshan (China) municipal government. The award recognizes the “efforts and excellent results achieved in...

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Falcon Metal Acquires C&M Industrial Solutions

July 07
00:00 2009

7/7/2009 NEWS BRIEF Falcon Metal Corporation completed the purchase of the operating assets of C&M Industrial Solutions effective July 1, 2009, Falcon president Don Nowak announced. C&M opened for business...

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IFE Participation Reflects ‘Tough Economy’

July 06
00:00 2009

7/6/2009 NEWS BRIEF “Yes, you could roll a bowling ball down the aisles,” show management of the International Fastener & Precision Formed Parts Manufacturing Exposition acknowledged in its post-show news...

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Taiwan Sets Fastener Export Record in 2008

July 06
00:00 2009

7/6/2009 NEWS BRIEF The total 2008 export production value of Taiwanese fasteners hit a record NT$99.9 billion (US$3.1b), up 4.7% from 2007. MIRDC industrial analyst Techin Huang noted that Taiwan’s...

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Anixter Pentacon and Anixter Eurofast Rebranded Aerospace Hardware; New Website Launched

July 05
00:00 2009

7/5/2009 NEWS BRIEF Anixter Pentacon and Anixter Eurofast have been renamed the Aerospace Hardware division of Anixter Inc. Anixter launched a new website for the combined companies: Anixter.com/aerospace. Anixter also...

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Nucor Sees Losses Leveling Off

July 05
00:00 2009

6/17/2009 NEWS BRIEFS Nucor Sees Losses Leveling Off Nucor Corp. expects second quarter results to fall to a loss of $0.55 to $0.65 per diluted share, compared with a net...

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Sherex Publishes Rivet Catalog

July 05
00:00 2009

6/18/2009 NEWS BRIEFS Sherex Publishes Rivet Catalog Sherex Fastening Solutions published its 2009 Rivet Nut Catalog. It will be available in July in print and online. Founded in 1979, Sherex...

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Sundram Anticipating No Growth in Sales Due to Lower Worldwide Auto Sales

July 03
00:00 2009

7/3/2009 NEWS BRIEF Automotive component manufacturer Sundram Fasteners Ltd. anticipates no growth in 2009-2010 over 2008-2009 due to the drop in demand for new motor vehicles abroad. In addition to...

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Fastener Tech Announces 1,900 Registered for 2009 Show

July 03
00:00 2009

7/3/2009 NEWS BRIEFS Fastener Tech Announces 1,900 Registered for 2009 Show Attendees in the aisles at Fastener Tech 09. Fastener Tech 09 announced “more than 1,900 people” registered for the...

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Tarantino, Thull New Reps for Rivet & Eyelet

July 01
00:00 2009

7/1/2009 NEWS BRIEF Tarantino, Thull New Reps for Rivet & Eyelet DT Sales and ET Sales are now representing Rivet & Eyelet Technologies LLC in Arizona and California, national sales...

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Rotor Clip Acquires Truarc

June 30
00:00 2009

6/30/2009 NEWS BRIEF Rotor Clip Company Inc. acquired the assets of Truarc LLC. Truarc, also known as Waldes Truarc, manufactures retaining rings, circlips and custom stampings. Somerset, NJ-based Rotor Clip...

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