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)...
NEWS BRIEFS
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...
September 08
00:00
2008
Five companies in the fastener business are listed on the 2008 Crain’s Chicago Business list of largest privately held companies. At #13 is manufacturer buyout/turnaround specialist Heico Cos. Inc. Headed...
September 08
00:00
2008
Jason Sandefur The machinists’ strike at Boeing could provide fastener manufacturers with more time to meet increased demand for aerospace fasteners. Boeing’s 27,000 machinists voted to strike over job security,...
September 06
00:00
2008
John Wolz The American Association for Laboratory Accreditation announced the accreditations for fastener testing: Industrial Products Company in Lynchburg, VA, was accredited in physical and dimensional testing. Acument Global Technologies...
September 06
00:00
2008
Jason Sandefur Rocky Mountain Steel of Nampa, ID, transferred its operation from a 20,000 sq ft building to a 90,000 sq ft facility at 400 3rd Ave. N. in Nampa,...
September 05
00:00
2008
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September 04
00:00
2008
Jason Sandefur The Ingersoll Fasteners plant in Ontario, Canada, will continue operations, Ifastgroupe president Darren Dalgleish announced. He said Ifastgroupe has “actively” worked to reach an arrangement with customers, employees...
September 04
00:00
2008
Jason Sandefur Months after Swedish fastener firm Finnveden Holding AB was split into two business units, Bulten and Metal Structures, Sweden-based private equity group Nordic Capital AB says both units...
September 04
00:00
2008
Jason Sandefur Sundram Fasteners has a acquired 52.9% stake in Sundram Non-conventional Energy Systems (SNES), a wind power firm in India, for an unspecified sum. During the second quarter Sundram...
August 18
00:00
2008
John Wolz PennEngineering named Jay McKenna to the new position of global product manager for new products. McKenna will direct development and worldwide launch of Pem fastener products. McKenna joined...
August 18
00:00
2008
John Wolz The economy, U.S./Asian fastener trends and business credits are topics for the Western Association of Fastener Distributors autumn conference, scheduled for October 19-21, 2008, in Sonoma, CA. Esmail...
July 24
00:00
2008
Jason Sandefur In the wake of the U.S. subprime crisis, some Chinese fastener exporters reportedly are taking precautions before shipping to customers. For example, Zhejiang New Oriental Fastener Co. has...
July 24
00:00
2008
Jason Sandefur TZ Inc. claimed “significant progress” with the commercialization of its Intevia Intelligent Fastening Technology with the receipt of development agreements and purchase orders from three of its early...
July 24
00:00
2008
Jason Sandefur Ricky Carr of Sentry Insurance will speak on “Safety in the Work Place” during the autumn meeting of the Southwestern Fastener Association.\ Carr is a safety specialist for...
June 26
00:00
2008
Jason Sandefur The export growth rate of China’s fasteners has slowed down since the beginning of 2008 due to the change in the exchange rate of the Chinese Yuan, China’s...
June 23
00:00
2008
Jason Sandefur Belarus-based Rechitza Metiz Plant plans to start production of high-grade fasteners by 2009. The company has developed a $ 4.5 million investment project to purchase equipment and create...
June 19
00:00
2008
Jason Sandefur Bufab continues to expand in Europe by acquiring Mercantile OY, which has operations in Finland and Estonia. The company distributes industrial fasteners with annual revenues of about SEK...
June 19
00:00
2008
Jason Sandefur Acument Global Technologies – Holly Operations Gainey Drive received the Michigan’s Star Award, the highest workplace safety and health award from the Michigan Occupational Safety and Health Administration....
June 18
00:00
2008
Jason Sandefur UK-based Trifast reported revenue dropped 7% to GBP 122.36 million (US$238.9 million) during fiscal 2008, which ended March 31, 2008. The reduction in sales resulted “from customer site...
