Global Fastener News

NEWS BRIEFS

Freeway Rockford Marks 50th Anniversary

December 05
11:47 2018
    Freeway Rockford Marks 50th Anniversary

Rockford subsidiary of Cleveland-based Freeway Corporation manufactures 4 million automotive washers daily.

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PennEngineering Expands Sales Channels

December 04
10:27 2018
    PennEngineering Expands Sales Channels

Danboro, PA-based fastener manufacturer signed an agreement with Irwin Industrial to distribute PEM fasteners in Canada.

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Bufab Reports 10% Organic Sales Growth

November 29
12:46 2018

“We also succeeded in achieving growth without a corresponding increase in operating expenses,” stated CEO Jörgen Rosengren.

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Bulten Sales Grow Despite Market Volatility

November 27
14:53 2018

Company to relocate and grow Chinese operation in the coming months, Fastener + Fixing Magazine reports.

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Bufab Hires Global Business Director

November 26
10:34 2018
    Bufab Hires Global Business Director

Johan Sandberg has held executive positions in large industrial companies, including Volvo Powertrain and Volvo Aero.

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WIFI Adds Training Scholarship

November 20
10:32 2018

Women in the Fastener Industry scholarship honors the late Joanne Goodman Sherman of Industrial Rivet & Fastener Co.

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Sciarra: Work With Trade Groups on U.S. Tariffs

November 15
21:41 2018
    Sciarra: Work With Trade Groups on U.S. Tariffs

“The automotive and equipment associations work hard,” stated Vanessa Sciarra, VP for legal affairs and Trade & Investment Policy for the National Foreign Trade Council. “They are your best friends.”

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Next Taiwan Show Announced for 2020

November 15
11:00 2018

First held in 2010, the sixth Taiwan International Fastener Show will be April 21-23, 2020, in Kaohsiung.

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Baird, Hughes Head STAFDA; Dunham New Board Member

November 14
09:41 2018

Sean Baird, president and owner of Hampton Roads Fastener & Construction Supply Inc. in Virginia Beach, VA, is the new president of the Specialty Tools & Fasteners Distributors Association.

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Bossard Expands in China

November 14
06:02 2018

Linquan Precision is a PennEngineering authorized distributor with experience in fastening technology for the electronics, tele- and data-communication, automotive, and medical equipment markets.

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Sisto Advises Distributors More Prefab in Future

November 13
10:23 2018
    Sisto Advises Distributors More Prefab in Future

Offsite construction is on the rise and Bill Sisto predicted to the Specialty Tools & Fasteners Distributors Association that contractors will partner with prefab companies.

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Vertullo, LaPointe Open Testing Lab

November 12
12:45 2018

The primary focus of AIM is consultation, training and testing of fasteners and related products. 

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Sherex Launches Redesigned Website

November 09
13:57 2018

Site includes more product listings and new navigation.

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KLX Helps Boeing Respond Faster While Cutting Costs

November 08
21:19 2018
    KLX Helps Boeing Respond Faster While Cutting Costs

“Before acquiring KLX, Boeing was starting to invest in ways to be more integrated with customers’ parts stocking operations as a step to achieve this,” writes Lee Ann Shay of MRO-Network.com. “KLX already is doing that by being integrated in customers’ shop floors day to day through its bin stocking programs for OEMs, airlines and MRO.”

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Bossard Buys Stake in 3D Printing Firm

November 08
10:51 2018

Bossard already announced partnerships with three 3D printer manufacturers in early 2018, when the Bossard Group took over the representation and distributorship of these companies for the Swiss market.

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Nolan, Hearn Head FIC

November 08
09:49 2018

The Coalition was founded in 1988 and consists of 12 North American fastener organizations.

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Steel Hikes Cut Profit at Chicago Rivet

November 07
13:57 2018
    Steel Hikes Cut Profit at Chicago Rivet

“In addition to higher raw material prices, we have also incurred higher than expected wages in the current year due to the tight labor market.”

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Park-Ohio Sees Fastener Segment Gains

November 06
10:43 2018

“We continue to invest vigorously in our businesses and are currently launching our third new manufacturing facility in the last twelve months,” stated CEO Matthew Crawford.

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MSC Industrial Sales & Income Rise

November 05
10:28 2018

On April 30, MSC acquired All Integrated Solutions (AIS) from private equity firm High Road Capital Partners for approximately $86 million.

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JW Winco Opens Branch in Mexico

November 02
14:10 2018

The branch, which has more than 1,200 sq ft of office space and over 10,000 sq ft of warehouse space, is newly built.

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