Global Fastener News

NEWS BRIEFS

Sundram Boosts International Capacity & Pursues Patents

April 07
00:00 2008

Jason Sandefur India-based Sundram Fasteners will expand its production capacities in China, Germany and Britain, while also looking at aerospace and petrochemical sectors for accelerated growth, the Indo-Asian News Service...

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Moehnke and Luzum Lead Accurate Component

April 07
00:00 2008

Jason Sandefur Bob Luzum was named president of Accurate Component Sales Inc., effective Apr.7th. Luzum joined ACS six years ago and was vice president of sales and operations. Jerry Moehnke...

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Alcoa Fastener Sales Grow

April 07
00:00 2008

Jason Sandefur Alcoa’s Engineered Solutions segment, including Alcoa Fastening Systems, reported revenue grew 5.8% to $1.77 billion during the first quarter of 2008, while after-tax income rose 31% to $138...

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Vulcan Threaded Rod Alleges Dumping

April 03
00:00 2008

Jason Sandefur Pelham, AL-based Vulcan Threaded Products Inc. filed an antidumping petition against steel threaded rod from China. Estimated dumping margins for Chinese products range from 35% to 206%, with...

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China Fastener Export Rate Declines

April 03
00:00 2008

Jason Sandefur Following an overall growth rate of 24% during 2007, China exports of steel and copper fasteners slowed to a rate increase of 8.4% in January 2008, Xinhua News...

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SFA Honors Chambers With McClure Award

April 03
00:00 2008

John Wolz The Southwestern Fastener Association presented its Mickey McClure Award to Mary Chambers.\ Chambers started in the fastener industry in 1972 at Standard Hardware. Her first job was picking...

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IFI Honors Dorflinger, Reiland & Joseph With 2008 Soaring Eagles Awards

April 03
00:00 2008

John Wolz Max Dorflinger, Bernie Reiland and Joseph Bahadrian were honored with the Industrial Fastener Institute”s 2008 Soaring Eagles Awards.\ Dorflinger, president of Nylok, received the Ward Leadership Award for...

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Witucki: Price Hikes Are ‘Cost Recuperation’

April 03
00:00 2008

John Wolz The North American steel market is strong, with domestic mills staying very busy, Nucor Fasteners sales manager Jim Witucki told FIN. Although the U.S. economy is slowing, the...

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Waltzer Named President of H&C Tool & Hewes Fastener

April 01
00:00 2008

Jason Sandefur Donald Waltzer was named president of H&C Tool Supply Corp. and Hewes Fastener Division. Waltzer joined H&C as COO in 2001. Prior to that he served as senior...

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Zinman, Varney & Peterson Speaking at STAFDA

March 25
00:00 2008

John Wolz PrimeSource Building Products co-CEO Mona Zinman will give the Associate State-of-the-Industry speech and “Fox Business News” anchor Stuart Varney will give the keynote address at the 32nd annual...

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Witucki: Fastener Price Hikes Are ‘Cost Recuperation’

March 19
00:00 2008

Jason Sandefur The North American steel market is strong, with domestic mills staying very busy, Nucor Fasteners sales manager Jim Witucki told FastenerNews.com. Although the U.S. economy is slowing, the...

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ITW Fastener Profit Slips

January 30
00:00 2008

Jason Sandefur ITW’s North American Engineered Products, including fasteners, achieved sales growth of 2.7% to $952.5 million during the fourth quarter of 2007. Segment operating income grew 3.6% to $147.2...

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Porteous Marks 40th With Book of Company Stories by Employees, Customers and Suppliers

January 29
00:00 2008

John Wolz Porteous Fastener Co. marked its 40th anniversary by publishing more than 100 company stories by employees, customers and suppliers in a book entitled Porteous: Forty Years of First...

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Advance Components Names Baughman, Castillo

January 29
00:00 2008

John Wolz Advance Components promoted Michael Baughman to vice president procurement & logistics. Baughman is responsible for developing buying strategy and managing purchasing, overseeing material management functions including distribution and...

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Anixter Sales Set Record

January 29
00:00 2008

Jason Sandefur Touting a strong backlog to begin 2008, Anixter International Inc. reported sales, including fasteners, rose 19% to a record $5.85 billion in 2007. Operating income gained 30% to...

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Estill, Salisbury Named Managers for New Powers Branches in Dallas & Houston

January 26
00:00 2008

John Wolz Powers Fasteners Inc. opened branch offices and warehouse facilities in Dallas and Houston, vice president of sales & marketing Len Colasuonno announced. Chad Estill is Dallas branch manager...

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Fastener Software

January 25
00:00 2008

John Wolz INxSQL offers software designed specifically for fastener distributors. Key features include stock and price checking by part number, real time stock checks, direct P.O. releases to Porteous Fastener,...

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Fasteners Add Top Line Growth At Grainger

January 25
00:00 2008

Jason Sandefur Fasteners and plumbing products boosted Grainger sales by $349 million in 2007, helping to increase revenue 9% to a record $6.4 billion. Grainger has added more than 38,000...

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Nappco Names Lindsley President

January 24
00:00 2008

Jason Sandefur Todd Lindsley was promoted to president and COO of Houston-based Nappco Fastener Co. and its subsidiary, Allied Bolt & Screw, announced CEO Will Lindsley. Todd Lindsley has worked...

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Nucor Reports Fastener Sales Growth

January 24
00:00 2008

Jason Sandefur Nucor Corp. reported cold finished steel sales, including fasteners, climbed 37% to 449,000 tons in 2007. Overall sales grew 12% to a record $16.59 billion, while net earnings...

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