9/15/2009 NEWS BRIEFS ITW Boosts Q3 Earnings Forecast Illinois Tool Works increased its third quarter earnings forecast, boosted by successful restructuring efforts and improving end markets, including automotive and construction....
NEWS BRIEFS
9/14/2009 Seeking Fastener Distributor Acquisition (See Classifieds) Our client, a multi-national fastener distributor, is seeking to expand in North America via acquisitions. The ideal target company is a value-added distributor...
9/14/2009 NEWS BRIEFS Interfast Launches European Division David Proctor, General Manager of Interfast Europe Ltd. Howard Gerstein, Director of Sales & Marketing for Interfast Europe Ltd. Fastener distributor Interfast Inc....
9/14/2009 NEWS BRIEFS Suit Filed Against Anixter Over Earnings Report The law firm Izard Nobel LLP announced a lawsuit seeking class action status has been filed in the United States...
9/11/2009 NEWS BRIEFS NIFS/West Advance Registration Tops 1,000; Hotel Prices Dropping in Las Vegas Just after the “early bird” advance discount ended, show management announced registration reached 1,030 persons for...
9/10/2009 NEWS BRIEFS Sundram Slashes China Capacity The global recession has forced Sundram Fasteners China in Zhejiang to work at 50% capacity, the Hindu Business Line reports. While not the...
9/10/2009 ScrewCrew.com was relaunched as a “fun diversion” for the fastener industry. With the motto, “Functional Fun for Fastener Freaks,” founder Andy Pels wants the website to provide information and...
9/10/2009 NEWS BRIEFS Fastener Demand in China To Top $10.8b Demand for industrial fasteners in China will growth 10.7% annually to 74.2 billion yuan (US$10.85 billion) by 2013, driven by...
9/9/2009 NEWS BRIEFS Airline Could Face Multi-Million Dollar Fine for Improper Fastener Repairs American Airlines faces the potential for a multi-million fine by the Federal Aviation Administration over allegedly improper...
9/8/2009 Würth Group Merges 2 Companies Winzer Würth Industrial Ltd and Würth UK Ltd are merging into a single company in a 12-month staged process. The two subsidiaries to form...
9/8/2009 Steers to Rep Hill Fastener Hill Fastener Corporation president Preston Boyd named Steers Associates as sales agent for Georgia, Alabama and Florida. Steers was founded as a rep agency...
9/4/2009 NEWS BRIEFS Bolt Problem Delays Submarine Commission Improperly installed bolts on weapons-handling systems will delay the commission of the U.S.S. New Mexico, the Navy reports. The New Mexico was...
9/7/2009 NEWS BRIEFS International Hardware Fair Cologne Includes Fastening & Fixings Section The International Hardware Fair Cologne will be February 28 to March 3, 2010, at Koelnmesse in Germany. Show...
9/3/2009 NEWS BRIEFS Grainger Promotes O’Brien and Yin Grainger named Sean O’Brien as president of the company’s Canadian subsidiary, Acklands-Grainger. O’Brien’s new responsibilities include oversight of the Canadian business operations...
9/3/2009 2:42:00 PM NEWS BRIEF Rivet & Eyelet Technologies LLC named Steers Associates and the Hazen Agency as manufacturer reps, national sales manager Maria Garcia announced. Steers was founded as...
9/2/2009 NEWS BRIEF Bossard Group Sales Drop Bossard reported group sales fell 31% to CHF 205.9 million (US$194.3 million) for the first six months of 2009. Bossard says it cut...
9/2/2009 Surber Names New Management Team at ATF Jason Surber is the new president of fastener manufacturer ATF Inc., succeeding Porter McLean who becomes president of Zephyr Fasteners. CEO Don...
9/1/2009 NEWS BRIEFS Tweraser Group Acquires Kingnut Kingnut International Inc. was acquired by the Tweraser Group of Companies. Terms were not disclosed. Kingnut was formed in the U.S. in 2001...
8/31/2009 NEWS BRIEFS Navy Launching Fastener Refit Program on Nuclear Communications Aircraft The U.S. Navy’s E-6B Mercury nuclear strategic communications aircraft The U.S. Navy plans to refit its 16-aircraft fleet...
8/29/2009 NEWS BRIEFS Boeing Fastener Suppliers Get Boost From 787 Test Flight News Boeing’s 787 Dreamliner (photo courtesy Boeing.com) News that Boeing expects to start test flying the 787 Dreamliner...

