Global Fastener News

NEWS BRIEFS

MNP Corp. Acquired by Fontana Gruppo

June 10
13:42 2025
    MNP Corp. Acquired by Fontana Gruppo

Founded by Larry Berman, Utica, MI-based MNP employs approximately 1,000 people across five facilities in Michigan and Illinois.

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OBITUARY: David Schuster

June 10
12:58 2025
    OBITUARY: David Schuster

Schuster was a retired manufacturers rep and former president of the Metropolitan Fastener Distributors Association.

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FDI Rebounds in May

June 09
11:26 2025
    FDI Rebounds in May

Fastener Distributor Index found pricing continued to climb as tariffs on steel and goods from China take hold, according to R.W. Baird analyst David Manthey (CFA) with Quinn Fredrickson (CFA).

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TriMas Names New President/CEO

June 09
08:00 2025
    TriMas Names New President/CEO

Thirty-five year veteran of the packaging industry succeeds Thomas Amato.

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Fastenal Fastener Sales Soar in May

June 05
11:44 2025
    Fastenal Fastener Sales Soar in May

May results accelerate the company’s fastener revenue recovery that began in November 2024.

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IperionX Gets DoD Fasteners Contract

June 05
10:21 2025
    IperionX Gets DoD Fasteners Contract

Titanium fasteners will utilize IperionX’s patented titanium production and advanced forging technologies at its facility in Halifax County, Virginia.

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Trump Doubles Steel/Aluminum Tariffs

June 04
10:50 2025
    Trump Doubles Steel/Aluminum Tariffs

U.S. President Donald Trump doubled tariffs on steel and aluminum imports to 50%, claiming to “further secure the steel industry in the United States.”

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Aeromed Acquires California Distributor AIReps

June 04
10:30 2025
    Aeromed Acquires California Distributor AIReps

Led by founder/president Sheri Chaffin, AIReps is a certified ISO9001:2015 + AS9100D + AS9210 company and a Boeing Silver Supplier.

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E-Z LOK Hires Desert Distribution

June 02
12:36 2025
    E-Z LOK Hires Desert Distribution

Scottsdale, AZ-based Desert Distribution covers Arizona, California, Colorado, New Mexico, Nevada and Utah.

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Appeals Court Suspends CIT Block on Trump Tariffs

May 29
12:54 2025
    Appeals Court Suspends CIT Block on Trump Tariffs

Appeals court decision allows tariffs to remain in place until the Trump administration's appeal is decided.

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Taiwan Fastener Export Growth Slows

May 28
12:34 2025
    Taiwan Fastener Export Growth Slows

Fastener exports to the U.S. accounted for nearly half of the total volume during the first four months of 2025, with volume edging up 0.52% to 195,000 metric tons.

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White Cap to Acquire Advanced Fastening Supply

May 27
11:36 2025
    White Cap to Acquire Advanced Fastening Supply

Wisconsin-based AFS supplies fasteners, tools, safety products and other accessories to commercial and residential end markets.

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ITP Expands Hex Bolt Production

May 26
17:18 2025
    ITP Expands Hex Bolt Production

New location “enhances our fabrication capacity for pipe supports and expand our production of domestic hex bolts, enabling faster turnaround times and greater product availability.”

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Endries CFO Crociata Promoted to CEO

May 23
11:20 2025
    Endries CFO Crociata Promoted to CEO

Crociata, who joined Endries in 2023, replaces Michael Knight, who is stepping down after two-and-a-half years.

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DP Robot Gets Funding For Smart Screw Systems

May 23
10:36 2025
    DP Robot Gets Funding For Smart Screw Systems

Startup’s SCARA robots, paired with in-house smart tools, manage screws ranging from M0.8 to M10.

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Canada Reviews Fastener Tariffs on China & Taiwan

May 22
12:41 2025
    Canada Reviews Fastener Tariffs on China & Taiwan

Existing anti-dumping and anti-subsidy duties will continue for another five years if dumping and subsidies are likely to resume.

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LISI Group Sales Improve on Aeronautics

May 21
14:44 2025
    LISI Group Sales Improve on Aeronautics

Two of the French aerospace fastener manufacturer’s three divisions achieved gains during Q1.

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NFDA Offers Free Professional Resources

May 21
12:06 2025
    NFDA Offers Free Professional Resources

Free online resource from the National Fastener Distributors Association offers flexible, remote learning for fastener industry veterans and newbies alike.

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Arrow Fastener Renamed Arrow Tool Group

May 21
11:41 2025
    Arrow Fastener Renamed Arrow Tool Group

New name reflects expanded brand lineup, which includes Arrow, Goldblatt, Pony Jorgensen, SK Professional Tools, and Arrow RevealCut.

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Taiwan Fastener Exports Rise in Q1

May 19
14:31 2025
    Taiwan Fastener Exports Rise in Q1

Gains attributed to the U.S.-China tariff war, which has reduced China's price competitiveness in favor of Taiwanese fasteners.

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