John Wolz A customer who just asks for screws could be creating a problem for the fastener industry. “Lead them through a series of questions,” Joe Greenslade urged National Fastener...
NEWS BRIEFS
October 21
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2008
Jason Sandefur Valmont Industries reported sales of industrial fasteners and tubular products grew 14% to $33.56 million during the third quarter of 2008, with operating income from the segment increasing...
October 20
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2008
Jason Sandefur Honeywell announced sales during the third quarter of 2008, including aerospace fasteners, climbed 6% to $9.3 billion during the third quarter of 2008. During Q3 Honeywell completed the...
October 19
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2008
Jason Sandefur Freedonia financial analyst Dean Peters told FastenerNews.com he’s sticking to his forecast of 4.8% annual growth for the global fastener industry through 2012, despite the global financial crisis....
October 18
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2008
Jason Sandefur China exports of steel and copper fasteners increased 3.8% to 250,000 tons in August, with the value growing 48% to US$454.9 million, Xinhua News Agency reports. Overall fastener...
October 17
00:00
2008
John Wolz Kellie Righini is the new customer support specialist for Axiom Software, president Jeffrey Yagoda announced. Righini previously was IT manager/quality manager at Atlantic Components. Axiom develops software for...
October 16
00:00
2008
Jason Sandefur Richard Samuel is the new senior director of sales & marketing for Ifastgroupe, president Darren Dalgleish announced. Samuel has 20 years of sales, marketing and distribution executive experience....
October 16
00:00
2008
Jason Sandefur Nucor reported cold finished steel sales, including revenue from Nucor Fasteners, rose 22% to 394,000 tons during the first nine months of 2008. Overall net earnings during the...
October 15
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2008
Jason Sandefur The machinists’ strike at Boeing is putting a “tremendous strain” on aerospace fastener manufacturers by prompting OEMs to cut supply orders, stated Wesco Aircraft Hardware Corp. vice president...
October 13
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2008
Jason Sandefur B/E Aerospace said it expects to report revenue gains of 35% and operating earnings growth of 65% for the third quarter of 2008, “well in excess of consensus...
October 11
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2008
John Wolz Edith Cameron, who worked in the fastener industry for 56 years, marked her 90th birthday October 12, 2008. In 1937 Cameron began a summer job with Anti-Corrosive Metal...
October 10
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2008
B&G Adds Web Quote Feature John Wolz B&G Manufacturing added a “Lightning Quote” website tab: bgmfg.com. Distributor customers can put together and print out their own B&G fastener quote in...
October 09
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2008
Jason Sandefur National Aerospace Fasteners Corp. in Taiwan reported revenue during the first nine months of 2008 grew 13.8% to NT 618.87 million (US$19.1 million). The revenue gain included a...
October 09
00:00
2008
John Wolz The National Fastener Distributors Association endorsed the Chicago 2009 Fastener Training Institute program. The weeklong training program is a version of LAFA’s Certified Fastener Specialist training and is...
October 08
00:00
2008
Jason Sandefur Lower demand for aerospace MRO spares held sales at Alcoa’s Engineered Products segment, including fasteners, to a modest 3.2% gain in sales, during the third quarter of 2008....
October 07
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2008
Jason Sandefur By 2012 standard fasteners will become “the fastest growing product group” as demand for high-integrity aerospace fasteners “levels off” after years of “robust activity” between 2002 and 2007,...
October 06
00:00
2008
John Wolz Precision Castparts Corp. agreed to acquire Seattle-based Fatigue Technology Inc. In 1969, FTI pioneered the cold expansion process, which extends fatigue life in both metal and composite airframe...
October 06
00:00
2008
Jason Sandefur China will surpass Japan in 2008 to become the second largest fastener market in the world, after the U.S., according to a new report by the Freedonia Group....
October 06
00:00
2008
John Wolz The 12th annual National Industrial Fastener Show/West is approaching its own booth record, show management announced. Thus far there are 819 booths, compared with the 829 record set...
October 05
00:00
2008
John Wolz The first Fastener Fair Budapest drew 1,012 people visiting 171 exhibiting companies from 26 countries, and the show organizers announced. More than two-thirds (69%) of exhibitors were from...
