Global Fastener News

NEWS BRIEFS

Paulin Q1 Sales Rise

May 13
00:00 2008

Jason Sandefur H. Paulin & Co. reported sales rose 1.2% to CAD 34.4 million (US$34.18 million) during the first quarter of 2008, while income before taxes dropped 99% to CAD...

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Duncan MacLean New Head of MacLean Vehicle Systems

May 13
00:00 2008

John Wolz The MacLean-Fogg Companies board promoted Duncan MacLean from president of the Fastener division to president of MacLean Vehicle Systems. MacLean holds engineering degrees from the Dartmouth College Thayer...

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Nissen Fasteners Launches Online Price List

May 13
00:00 2008

John Wolz Nissen Fasteners Inc. launched an online fastener price list at nissenfasteners.com/lists. “Everyone knows that there is a lot of volatility in the current marketplace,” executive vice president Peter...

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Fastener Fair Showcasing Growing Eastern Europe

May 12
00:00 2008

John Wolz A new fastener trade show in Hungary will be the first to focus on Eastern Europe. Fastener Fair Budapest will be September 22-23, 2008. Fastener Fair organizer Jerry...

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$100 Million-Plus Fastener Acquisitions Dominate Hagan’s 2007 Top Ten Deals

May 09
00:00 2008

Richard Hagan 2007 was the year of the $100 million + acquisitions in the fastener industry, Richard Hagan commented upon releasing his Top Ten Fastener Deals of 2007. \ The...

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FIN Review of Fastener Stocks: Global Fastener Sales Offset Weaker U.S. Markets

May 08
00:00 2008

Jason Sandefur Foreign sales boosted sales and profit growth among publicly-traded fastener companies dealing with a weak U.S. dollar and struggling domestic markets in 2007, according to the upcoming 2007...

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Slater Tools Expanding In Small Fastener and Bone Screw Tools

May 08
00:00 2008

John Wolz Slater Tools Inc. is expanding its Swiss type adjustment free rotary broaching tool holders for manufacturing small fasteners, orthopedic bone screws and aerospace and medical industries, Peter Bagwell...

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TriMas Fastener Sales Grow

May 07
00:00 2008

TriMas Fastener Sales Grow Jason Sandefur Aerospace fastener demand helped push TriMas Corp’s industrial sales up 5.7% to $54.5 million during the first quarter of 2008. Segment operating profit rose...

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Indfast.Org to List DFARS Compliant Fastener Suppliers

May 07
00:00 2008

John Wolz The Industrial Fasteners Institute is listing fastener suppliers who have self-certified compliance with the DFARS Specialty Metals Clause (10 USC 2533B) of the 2008 Defense Authorization Act. Web:...

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A2LA Accreditations

May 06
00:00 2008

...

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Precision Castparts Fastener Sales & Profit Jump

May 06
00:00 2008

Jason Sandefur Precision Castparts Corp. reported strong fastener sales growth during fiscal 2008, with revenue jumping 25% to $1.52 billion. Operating income soared 47% to $384.2 million. During the fourth...

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100 Million Dollar-Plus Fastener Acquisitions Dominate Hagan’s 2007 Top Ten Deals

May 04
00:00 2008

John Wolz 2007 was the year of the $100 million + acquisitions in the fastener industry, Richard Hagan commented upon releasing his Top Ten Fastener Deals of 2007. The $856...

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FastenersClearingHouse.com Hits 275,000 Lines

May 03
00:00 2008

John Wolz FastenersClearingHouse.com database manager Brian Musker announced the online surplus fastener database surpassed 275,000 line items. Distributors can post up to 19,000 lines and receive RFQs from buyers. Operations...

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Barnes U.S. Fastener Sales Grow

May 02
00:00 2008

Jason Sandefur Barnes Distribution sales, including fasteners, rose 1% to $141 million during the first quarter of 2008, while operating profit climbed 12% to $7 million. “Barnes Distribution’s North American...

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QEF Global and MLM Fasteners Merge

May 01
00:00 2008

John Wolz MLM Fasteners Limited announced a merger with QEF Global Group. Based in the UK’s West Midlands, MLM is now operating as QEF Global England with Noel England is...

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Fastener Fair Sets Booth Record

April 29
00:00 2008

John Wolz A total of 140 companies have reserved space for the June 11-12, 2008, Fastener Fair Coventry. “We’ve never had this much space booked by exhibitors,” noted show organizer...

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Asian Customers Boost Emhart Fastener Sales

April 25
00:00 2008

Jason Sandefur Despite a “steep decline” in U.S. automotive production, sales at Black & Decker’s Fastening and Assembly Systems segment increased 4% to $186.5 million during the first quarter of...

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NIFS Adds Multilingual Access

April 25
00:00 2008

John Wolz The National Industrial Fastener Shows information is now available online in nine languages, show manager Susan Hurley announced. “Persons searching the web for information about fastener exhibitions in...

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WAI Publishes Ferrous Wire Handbook

April 24
00:00 2008

John Wolz The Wire Association International will release a new edition of its Ferrous Wire Handbook during its 78th annual convention and Wire Expo trade show June 7-11, 2008, in...

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Beaulieu at NFDA: You Don’t Have to Go Into Recession

April 24
00:00 2008

Beaulieu at NFDA: You Don’t Have to Go Into Recession John Wolz Fastener production continues to increase while overall U.S. industrial production has been declining, economist Brian Beaulieu told the...

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