John Wolz Production of industrial machinery and aerospace equipment will increase U.S. industrial fastener demand nearly 4% annually to $12.3 billion\, according to the latest edition of Industrial Fasteners, an...
NEWS BRIEFS
March 30
00:00
2005
Jason Sandefur Michael Friel is the new chairman of the Industrial Fasteners Institute and Porter McLean is vice chair. Friel is president of Haydon Bolt and St. Louis Screw &...
March 30
00:00
2005
Jason Sandefur Fastener distributors and manufacturers face the daunting challenge of eliminating hexavalent chromium from all products by July 2007.\ The popular coating, also known as Cr+6, has been the...
March 30
00:00
2005
John Wolz Precision Castparts Corp. completed its $194 million acquisition of airframe fastener manufacturer Air Industries Corp. AIC will be integrated into PCC’s Fastener Products segment, which includes SPS Technologies....
March 28
00:00
2005
John Wolz The Industrial Fasteners Institute presented its third Soaring Eagles Award to James Wittersheim of Semblex Corp., John Bickford and IFI director of engineering Charles Wilson the meritorious service...
March 24
00:00
2005
John Wolz Mark Wilson is now president of Clevenger & Associates Inc. Wilson succeeds his late stepfather, Harley Clevenger, who died in November 2004. Wilson has been in the fastener...
March 23
00:00
2005
Jason Sandefur National Threaded Fasteners Ltd. added Kathy Shippy to its management team. Kathy will oversee customer development and quality systems. Shippy is a 22-year veteran of the fastener industry,...
March 21
00:00
2005
John Wolz Joe Soja will retire as vice president of Durham Manufacturing Company May 27, 2005, after 35 years with the company. His first job with Durham was as assistant...
March 17
00:00
2005
Jason Sandefur Strong global demand pushed Bossard Group’s sales up 15% to 497 million Swiss francs (US$429.2 million) in 2004. Full-year profit for the Switzerland-based fastener firm more than doubled...
March 16
00:00
2005
Jason Sandefur Intelligent fastener producer TZ Ltd. acquired Chicago-based Product Development Technologies for $12 million. PDT has worked with TZ to help develop, engineer and produce a prototype of TZ’s...
March 15
00:00
2005
Jason Sandefur Cleveland-based Park-Ohio Holdings Corp. reported sales of its manufactured products, including fasteners, jumped 40% to $220.1 million, while gross profit grew to $18.9 million compared with a segment...
March 10
00:00
2005
Jason Sandefur Kanebridge Corp. co-founder Bobby Williams will speak at the New England Fastener Distributors Association annual dinner meeting. Williams will speak on the “Essentials of Marketing Success in the...
March 09
00:00
2005
Jason Sandefur Precision Castparts Corp. completed its $194 million acquisition of airframe fastener manufacturer Air Industries Corp. The deal includes AIC’s “ultra-modern” 10-acre facility in Garden Grove, where the company’s...
March 04
00:00
2005
Jason Sandefur China exported 1.14 million tons of steel and copper fasteners in 2004, which represents a 34% increase from the previous year, Xinhua News Agency reports. The export value...
January 27
00:00
2005
Jason Sandefur Following news that Canada placed 5-year tariffs on certain steel screw imports from Taiwan and China, reaction from Canadian fastener companies was mixed. In a special edition of...
January 27
00:00
2005
Jason Sandefur The Canadian government announced 5-year tariffs on certain carbon steel and stainless steel fasteners from Taiwan and China.\ The duties were applied after the Canadian International Trade Tribunal...
January 27
00:00
2005
Jason Sandefur PennEngineering & Manufacturing Corp. signed an agreement to be purchased for about $330 million in cash by PEM Holding Co., an affiliate of Tinicum Capital Partners II.\ Under...
January 26
00:00
2005
1/26/2005 The Canadian government announced 5-year tariffs on certain carbon steel and stainless steel screws from Taiwan and China. The Canadian International Trade Tribunal determined that the dumping and illegal...
January 24
00:00
2005
John Wolz Five industry leaders will be panelists at a FIN / FastenerNews.com workshop on “How to Buy Fasteners” during Fastener Week 2005: Joel Roseman of Arnold Industries, Jay Hebert...
January 24
00:00
2005
John Wolz Economist Alan Beaulieu told the Metropolitan Fastener Distributors Association that U.S. manufacturing in on the “ascent”, but the economy is in for a “soft landing” later this year....
