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...
NEWS BRIEFS
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
00:00
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...
October 04
00:00
2008
The American Association for Laboratory Accreditation announced the accreditations for fastener testing: Science and Engineering Laboratory, United States Air Force in Hill AFB, UT, was accredited in physical, dimensional, chemical,...
October 03
00:00
2008
Jason Sandefur The U.S. has set preliminary anti-dumping duties on threaded rod imports from China. “Dumping of imports of steel threaded rod in the U.S. market by foreign exporters unfairly...
September 15
00:00
2008
Jason Sandefur The current machinists’ strike at Boeing may not be as beneficial to the aerospace fastener industry as media reports suggest. Patrick Meade of the Industrial Fastener Institute’s aerospace...
September 15
00:00
2008
Jason Sandefur Kelly Sawchik returned to the sales team at Cardinal Fastener & Specialty Co. Sawchik had previously worked in the Cardinal sales department from September 1, 2000, to January...
September 12
00:00
2008
Jason Sandefur Singapore fastener manufacturer Unisteel Technology Ltd. bought the remaining 30% stake in metal finisher Takumi Unitech Pte. Ltd. in Singapore for $7.67 million in cash. The deal increases...
September 11
00:00
2008
John Wolz A fastener testing workshop has been added to the Metropolitan Fastener Distributors Association’s 12th Tabletop show from 2 p.m. to 8 p.m. on September 15, 2008, at the...
September 11
00:00
2008
Jason Sandefur Construction fastener distributor PrimeSource Building Products Inc. will acquire Compass International Inc., which handles Marker and Darts fasteners. Terms were not disclosed. “This deal will afford easy distribution...
September 10
00:00
2008
John Wolz Titan Fastener Products Inc. published a new 750-page product catalog with 1,700 fastener and maintenance product categories, totaling 45,000 SKUs. The Titan Fastener Sourcing Encyclopedia includes a technical...
September 10
00:00
2008
John Wolz PennEngineering announced its PEM China zinc plating line received General Motors approval. PEM China is now listed in the GM Matspc system. PennEngineering opened the PEM China manufacturing...
September 09
00:00
2008
John Wolz Joel Roseman will speak on the “Proper Designation and Use of Standards by End-Users and Suppliers Is Critical to Fastener Quality” at the upcoming New England Fastener Distributors...
September 09
00:00
2008
Jason Sandefur South American fastener manufacturer Ciser of Brazil reportedly opened a new plant at Sarzedo (Minas Gerais). Part of its automotive division, Ciser Automotiva, the R$40 million (US$22.5 million)...
September 09
00:00
2008
Jason Sandefur European Union fastener dumping tariffs against China are facing a new front of resistance, with Chinese officials accusing some EU fastener manufacturers of manipulating the trade process for...
