Global Fastener News

NEWS BRIEFS

NFDA Moving to Chicago

September 16
00:00 2005

Jason Sandefur The National Fastener Distributors Association is moving its headquarters from Cleveland to 401 North Michigan Ave. in Chicago, home of SmithBucklin Corp. SmithBucklin is an association management and...

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2007 NIFS/East In Atlanta

September 16
00:00 2005

Jason Sandefur The 27th Annual National Industrial Fastener Show/East will move to Atlanta in 2007, show management announed. The event will be held May 22-23, 2007, at the new Georgia...

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Finnveden Outsourcing Production to Poland

September 13
00:00 2005

John Wolz Bowing to downward pressure on fastener prices, Sweden-based Finnveden Group will relocate its production of “work-intensive components” from Sweden to Poland. The move will eliminate 125 positions in...

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Wesco Adds Carlton-Bates to Fastec Acquisition

August 18
00:00 2005

John Wolz Just weeks after acquiring Fastec Industrial Corp., Wesco International Inc. agreed to purchase Carlton-Bates Co. “Wesco is on a bit of an acquisition binge,” said one observer. “They...

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Watermill Acquires Vertex Fasteners

August 05
00:00 2005

John Wolz Watermill Ventures, Ltd., along with management, acquired PFI LLC, which does business as Vertex Fasteners. Headquartered in Pawtucket, RI, Vertex Fasteners is a North American master distributor of...

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Vertex Launches New Website

June 23
00:00 2005

John Wolz Vertex Fasteners launched a website at vertexfastenersonline.com with e-commerce capabilities allowing customers to check stock, receive instant price quotes and process orders on a 24/7 basis. “We tested...

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Steel Consumers: Continuing Duties Affecting Supply

June 02
00:00 2005

Jason Sandefur Steel consumers are asking Congress to end import duties on nearly 200 steel products, claiming that the trade protections are contributing to “severe steel supply problems, shortages and...

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Anixter Bids on UK-based Infast Group

June 02
00:00 2005

Jason Sandefur Looking to boost its annual fastener sales to $750 million, Anixter International offered a bid for UK-based fastener distributor Infast Group worth $72.2 million in cash, plus assumption...

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American Fastener Journal Moves

June 02
00:00 2005

John Wolz American Fastener Journal has moved to Arizona and Mike McGuire has taken over as publisher and editor. The distribution-oriented magazine has been published out of Columbus, OH, since...

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Price War Looms for Asian Screws

June 02
00:00 2005

John Wolz Editor”s Note: The following column is presented by Taiwan-based Fastener World magazine as part of a news column exchange with FIN. Screw manufacturers in Taiwan have enjoyed great...

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EU Stainless Steel Duties Begin

June 02
00:00 2005

Jason Sandefur The European Commission announced six-month provisional antidumping duties on stainless steel fasteners from China, Taiwan, Indonesia, Thailand and Vietnam. The tariffs, which are effective May 22, 2005, cover...

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TFS Unveils Intelligent Fastener Technology

June 02
00:00 2005

Jason Sandefur Not too long ago, remote-controlled fasteners existed only in science fiction. In an industry where nearly every manufacturer utilizes at least one machine that”s a half-century old, the...

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Taiwan Launches Supplier Promo Program

June 02
00:00 2005

Jason Sandefur The Taiwan External Trade Development Council (TAITRA) implemented its Global Aftermarket Auto Parts Promotion (GAAP) project to help local suppliers secure OEM auto parts contracts. In addition to...

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Fastener Fair Expanding

May 30
00:00 2005

John Wolz Fastener Fair Stuttgart has sold out of space in the original hall and will move to larger exhibit space. The European fastener trade show is also adding a...

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Muha Retires from Cardinal Fasteners

May 27
00:00 2005

John Wolz After 32 years in the fastener industry Denise Muha, 50, will take an early retirement. Muha is vice president of operations at Cardinal Fastener & Specialty Co. She...

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Malaysia Fastener Firm Increasing Exports to U.S.

May 24
00:00 2005

Jason Sandefur Malaysian stainless steel fastener manufacturer Tong Herr Resources Bhd. is doubling its investment in its Thailand plant to 40 million rgt (US$10.5 million) to spearhead an export thrust...

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Hotels Near Full for Fastener Week 2005

May 24
00:00 2005

John Wolz “If you haven’t made your hotel reservations, please do so immediately,” Midwest Fastener Association executive director Nancy Rich advised Fastener Week 2005 participants. “Both the Hyatt Regency O”Hare...

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Asian Stainless Steel Tariffs Begin in Europe

May 23
00:00 2005

Jason Sandefur The European Commission announced six-month provisional antidumping duties on stainless steel fasteners from China, Taiwan, Indonesia, Thailand and Vietnam. The tariffs, which are effective May 22, 2005, cover...

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Vertex Moves Metric Hub

May 13
00:00 2005

John Wolz Vertex Fasteners opened a new hub warehouse for its metric fasteners in Taunton, MA. The 110,000 sq ft warehouse is triple the size of the recently sold New...

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Stainless Antidumping Tariffs Imminent

May 12
00:00 2005

John Wolz SRC=”../images/weblogo2.gif” ALIGN=”LEFT”>Editor”s Note: The following column by Phil Matten, editor of Fastener & Fixing Europe, is part of a news column exchange with FIN. After preliminary findings supported...

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