4/1/2009 NEWS BRIEFS Metal Worker Pleads Guilty to Fraud on NASA Fastener A Houston aerospace metal worker faces 10 years in prison after pleading guilty to supplying NASA with a...
NEWS BRIEFS
3/31/2009 NEWS BRIEFS Southco Expands Dzus Products Southco expanded its Dzus quarter-turn fasteners business. Southco acquired Dzus and Hartwell-Dzus in 2004. The Dzus fasteners are an alternative for threaded fasteners...
3/31/2009 NEWS BRIEFS New European Tariffs Drive Chinese to Russian Fastener Show Chinese exhibitors seeking alternatives to Europe following the new antidumping tariffs increased their presence at the Moscow fastener...
3/30/2009 NEWS BRIEFS Plomer New IFI Chair Edward Plomer Jr. of ITW Shakeproof/Anchor/Medalist is the new chair of the Industrial Fasteners Institute. Plomer began his fastener career as a fastener...
3/29/2009 NEWS BRIEFS Distributor Gets 30-Month Prison Sentence A former fastener distributorship owner was sentenced to 30 months in prison for tax evasion. Former Cetomac Fasteners Ltd. owner Stephen S....
3/28/2009 NEWS BRIEFS Exhibitor Numbers Down at Spain’s Fastener/Hardware Show Spains biennial hardware and DIY fair, Ferroforma, opened this week with only half the number of exhibitors it had in...
3/26/2009 NEWS BRIEFS New UK Fastener Report Available Dublin-based Research and Markets announced the addition of the “Industrial Fastener Distributors – Business Ratio Report” report for Europe. “This Business Ratio...
3/26/2009 NEWS BRIEFS Paulin Sales Rise Despite Automotive Downturn H. Paulin & Co. reported sales rose 2% to CAD 138.2 million during 2008, though the Canadian fastener manufacturer tallied a...
3/30/2009 NEWS BRIEFS Sikorsky Using KenJer BoltByte KenJer Industries released an organizing kit for fasteners and hardware. The BoltByte panel holds nuts, bolts, screws and hardware in patterns which illustrate...
3/25/2009 NEWS BRIEFS Chicago Rivet Revenue Declines Chicago Rivet & Machine Co. reported sales dropped 24% to $28.5 million during 2008. For the year the Naperville, IL-based fastener maker realized...
3/25/2009 NEWS BRIEFS The Wurth Group will reduce work hours 15% beginning April 1, 2009, for 1,250 of its 5,000 German employees. The German News Digest reported the short-time weeks...
3/25/2009 NEWS BRIEFS Portland Bolt Launches Online Clevis Calculator Portland Bolt & Manufacturing Company launched an online Tie Rod length and Clevis calculator at portlandbolt.com/tools/tie-rod-calculator. The calculator allows users to...
3/24/2009 NEWS BRIEFS Skiles at SEFA: Corrosion Ups Costs More than 24% of corrosion could be eliminated with hot dip galvanizing, Paul Skiles told the Southeastern Fastener Association. Skiles, vice...
3/23/2009 NEWS BRIEFS Bailout Funds for Auto Fastener Suppliers? $5 billion in TARP funds set aside for struggling U.S. auto suppliers Is there TARP money for fastener suppliers in the...
3/22/2009 NEWS BRIEFS Matheny Opens NorthStar Mickey Matheny opened NorthStar Sales & Marketing as a rep agency. Initial clients include Heads & Threads International, Screws Industries, Bolts & Screws and...
3/22/2009 NEWS BRIEFS Gilchrist at SEFA: There is Value in Participating Robbie Gilchrist of Capital Marketing followed a speaker on galvanizing at the Southeastern Fastener Association meeting and cited several...
3/21/2009 NEWS BRIEFS Reyher Names Managing Directors Hamburg-based fastener distributor F. Reyher Ncfg GmbH & Co. KG appointed two additional managing directors: Dr. Peter Bielert and Matthias Gläser, Fastener &...
3/19/2009 NEWS BRIEFS Russia Mulls Antidumping Action On Chinese Fasteners Steel fastener companies in China are facing a possible anti-dumping investigation by Russia. “Russian companies have been urging their government...
3/21/2009 NEWS BRIEFS Forbes: B/E Aerospace Stock is “Screaming Bargain” B/E Aerospace garnered high-profile attention from an investment advisor at Forbes magazine. “It doesn’t pay any dividend, and debt is...
3/21/2009 NEWS BRIEFS Henkel Tops Fortune List Henkel Corporation was picked as Germany’s most admired company for 2009, up from 16th position last year, according to a Fortune magazine annual...