Jason Sandefur Grainger announced plans to expand its operations throughout the Gulf region. The company will revamp its distribution network by opening four new facilities, relocating one other, and enhancing...
NEWS BRIEFS
June 12
00:00
2008
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June 12
00:00
2008
John Wolz Singapore fastener maker Unisteel Technology Ltd. agreed to be acquired by Kohlberg Kravis Roberts & Co. in a take-private deal valuing the company’s stock at 785 million Singapore...
June 12
00:00
2008
John Wolz Vertex Distribution is moving to a new and larger location effective Monday June 23, 2008. The new location is Attleboro, MA 02703. Tel: 508 431-1120 or 800 888-2355...
June 11
00:00
2008
Jason Sandefur Grainger’s Canadian subsidiary, Acklands Grainger, acquired Excel Industriel of Granby, Quebec. Excel is a business-to-business broad line distributor of fasteners and other MRO supplies. Terms were not disclosed....
June 11
00:00
2008
John Wolz EGC Enterprises Inc. has begun producing RotaBolt tension control fasteners for the wind energy market. EGC is the North American licensee for U.K.-based James Walker RotaBolt. The critical...
June 10
00:00
2008
John Wolz The 27th annual Mid-West Fastener Show is sold out of exhibit space, MWFA executive director Nancy Rich announced. The hall holds 90 tables for the Monday, June 16,...
June 10
00:00
2008
John Wolz PennEngineering named Fastbolt Corp. as authorized distributor in North America. Founded in 1974, Fastbolt operates stocking locations along the Eastern Seaboard and in Quebec, Canada. Fastbolt is headquartered...
June 09
00:00
2008
Jason Sandefur B/E Aerospace Inc. agreed to buy Honeywell’s aerospace fastener distribution business, Honeywell Consumable Solutions, for $1.05 billion, transforming B/E Aerospace into one of the largest distributors of aerospace...
June 09
00:00
2008
John Wolz Show management reported booth sales for the 12th annual National Industrial Fastener Show/West are 5% ahead of last year’s pace. At 829 booths, the 2007 show broke the...
June 07
00:00
2008
Jason Sandefur Hit with skyrocketing fuel costs, Heads & Threads International will implement a fuel surcharge (FSC) on all prepaid shipments beginning August 1, 2008. “HTI has experienced a 21%...
June 06
00:00
2008
John Wolz Fastener & Fixing Europe editor Phil Matten will conduct a forum on price increases during Fastener Fair Coventry. The UK and Ireland-oriented trade show will be June 11-12,...
June 05
00:00
2008
Emergency Housing for China’s Earthquake Victims Increasing Fastener Demand John Wolz The Sichuan earthquake in China is increasing demand for fasteners for the one million prefabricated emergency houses to be...
June 02
00:00
2008
John Wolz A generation of Americans grew up not realizing the importance of manufacturing and “the sweet smell of machine oil,” Rep. Don Manzullo lamented in a speech to the...
May 31
00:00
2008
John Wolz Mecavit is expanding its production factory from 4,000 to 7,500 sq meters. The expansion is scheduled to be complete by the end of 2008 and allows Mecavit to...
May 30
00:00
2008
Jason Sandefur China exports of steel and copper fasteners rose 22% to 190,000 tons during March, with the value growing 47% to US$279.3 million, Xinhua News Agency reports. During the...
May 29
00:00
2008
Jason Sandefur Precision Castparts Corp. named Shawn Hagel to replace longtime CFO William Larsson, who will retire at the end of 2008. Hagel currently serves as vice president of finance...
May 29
00:00
2008
IFI Releases New “Technology Connection” Michael Reed The Industrial Fastener Institute’s new Technology Connection provides dimensional and performance standards & specifications for inch and metric fasteners; converters for inch/metric and...
May 29
00:00
2008
Jason Sandefur The Industrial Fasteners Institute launched its Technology Connection online technical data service, which went live on May 1. Using pull-down menus to describe fasteners, subscribers can see all...
May 29
00:00
2008
Darling: World Steel Prices Driving Fastener Increases Jason Sandefur Steel in China is up 60.4% from the second quarter a year ago and steel in Taiwan has risen 44%, and...
