Global Fastener News

NEWS BRIEFS

Wire Producers Join Interwire 2007 Sponsors

November 02
00:00 2006

John Wolz Wire Association International Inc. announced that the American Wire Producers Association will be a sponsor of Interwire 2007. Interwire will be May 5-10, 2007 at the I-X Center,...

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Walter AG Forms Auto Fastener Plant in China

October 18
00:00 2006

Jason Sandefur Germany-based Walter AG will invest US$80 million to establish an auto fastener production base in Shenyang, China Industry Daily News reports. Walter AG also plans to set up...

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WAI Opens India Office

September 21
00:00 2006

Jason Sandefur The Wire Association International opened an office in Pune, India, to support strong growth in India. “The Indian economy, and particularly the wire industry, is thriving,” observed WAI...

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Zirkle: IFE 2007 Is a Fastener Manufacturing Trade Show

September 18
00:00 2006

Zirkle: IFE 2007 Is a Fastener Manufacturing Trade Show John Wolz Exhibitors for fastener manufacturing trade shows are being confused by two different events in 2007, Ray Zirkle of the...

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Wrought Washer Expands in West with Morrissey

September 09
00:00 2006

John Wolz Wrought Washer Mfg. Inc.. is expanding its working relationship with R.L. Morrissey & Associates for West Coast customers, special products manager Larry Gaynor announced. Morrissey is moving its...

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Vujevic and Turnbull Form USFG

September 08
00:00 2006

Jason Sandefur John Vujevic and Arthur Turnbull have formed United States Fastener Group LLC, a new minority-owned fastener manufacturer in South Holland, IL. The partners bought a 44,000 sq ft...

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Wire China 2006 Exhibitors Increase

August 04
00:00 2006

John Wolz Wire China 2006 and concurrent Tube China 2006 exhibitors have reserved 376,000 sq ft of booth space, up 86,100 sq ft from 2004. The September 25-28, 2006, trade...

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Wolfer Heads Purchasing at Beacon

July 10
00:00 2006

John Wolz Dianna Wolfer is the new director of purchasing at Beacon Fasteners & Components Inc. Wolfer has seven years of fastener experience and 10 years in purchasing and will...

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Vigil Succeeds Lapinsky at Republic Engineered

July 07
00:00 2006

John Wolz Jaime Vigil is the new president and CEO of Republic Engineered Products Inc. Vigil succeeds Joseph Lapinsky. With steel producer Republic debt free as of earlier this year,...

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A2LA Accreditations

June 02
00:00 2006

Suzanne Scales The American Association for Laboratory Accreditation (A2LA) recently announced accreditations for testing fasteners: “A Agrati SPA of Milano, Italy, was accredited in physical testing, dimensional testing, metallographic evaluation...

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M-WFA to Meet in Minneapolis

June 02
00:00 2006

John Wolz The former Chicago Bolt, Nut & Screw Association will conduct a meeting in Minneapolis on September 21, 2006. Now known as the Mid-West Fastener Association, the organization has...

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Private Equity Firm to Buy Textron Fastening Systems

June 02
00:00 2006

Jason Sandefur Textron Inc. signed an agreement to sell Textron Fastening Systems to private equity firm Platinum Equity for $630 million in cash plus assumed liabilities.\Cash proceeds after taxes and...

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China Fastener Exports See Gains

June 02
00:00 2006

Jason Sandefur China exports of steel and copper fasteners rose 14% to 100,997 tons in February, with the value climbing 10.8% to US$119.12 million, Xinhua News Agency reported. Fastener exports...

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"How to Buy Fasteners" Panelists Urge Communication With Suppliers

June 02
00:00 2006

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Stelfast Promotes Kulik

June 02
00:00 2006

John Wolz Stelfast Inc. promoted Dan Kulik to Cleveland branch manager. Kulik has 20 years fastener experience with importers. Founded in 1972, Stelfast is an ISO/TS 16949 / MBE certified...

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China Fastener Exports Up 29% in April

June 01
00:00 2006

Jason Sandefur China exports of steel and copper fasteners climbed 29% to 167,949 tons during April 2006, while the value grew 21% to US$191.75 million, Xinhua News Agency reported. During...

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STOCK REVIEW: ALCOA

May 31
00:00 2006
    STOCK REVIEW: ALCOA

Jason Sandefur Alcoa”s Engineered Solutions segment, including fasteners, recorded a 9.7% gain in sales to $5.04 billion in 2005, while operating income for the year declined 7% to $196 million...

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STOCK REVIEW: ANIXTER

May 31
00:00 2006

Jason Sandefur “Our goal is to continue to build the Anixter Fasteners name into a world class brand that is recognized by customers and suppliers as being the best,” CEO...

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STOCK REVIEW: AVIALL

May 31
00:00 2006

Jason Sandefur In 2006 Aviall Inc. signed an agreement to be acquired by The Boeing Co. for $1.7 billion cash plus the assumption of about $350 million in debt. Valued...

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STOCK REVIEW: BARNES GROUP

May 31
00:00 2006

Jason Sandefur Following “dramatic changes” in 2004, Barnes Distri-bution, including fasteners, continued growing in 2005 with the acquisitions of auto parts supplier Service Plus Distri-butors for $13.7 million in September,...

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