Global Fastener News

NEWS BRIEFS

Howmet Aerospace Fastener Sales Fall

August 06
11:47 2020

Declines in the commercial aerospace and commercial transportation markets due to the pandemic drive revenue decrease.

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New Brankamp Website Includes Demo Videos

August 06
11:10 2020

Site provides information on benefits and specifications and demonstration videos of Brankamp Machine Monitoring Solutions products.

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NORMA Group Sales Drop 21%

August 05
19:59 2020

Sales declined noticeably in all three regions EMEA (Europe, Middle East and Africa), Americas and Asia-Pacific.

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Bulten Moves & Expands Taiwan Facility

August 04
13:10 2020

Bulten-owned PSM Taiwan will transfer its operations to the new site, approximately 30 minutes from the existing one.

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Pac-West Sponsoring Webinar on USMCA

August 04
13:07 2020

The United States-Mexico-Canada Agreement replaced the North American Free Trade Agreement on July 1.

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TriMas Fastener Sales Drop

August 03
10:32 2020

Q2 Aerospace segment revenue impacted by “significantly lower air travel and reduced commercial and business jet production related to the global pandemic.”

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R&R Engineering Expands Bolt Capacity

August 03
09:48 2020

R&R Engineering added six high speed bent bolt machines for threaded fasteners, bringing their total to 89 special roll threading machines.

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COVID-19 Decimates ITW Fastener Sales

July 31
20:09 2020

ITW reported Automotive OEM revenue, including fasteners, fell 54% to $361 million in the second quarter of 2020.   Automotive OEM operating loss totaled $28 million, while operating margin plummeted to -7.8%.

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Midwest Acquires Hy-Ko Products

July 31
19:29 2020

The combined companies will be led by the DeVries family (Midwest Fastener) and Bass/Kaufman (Hy-Ko).

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Sundstrom Succeeds Thramann at ND Industries

July 31
19:13 2020
    Sundstrom Succeeds Thramann at ND Industries

He succeeds John Thramann, who is retiring after 50 years with ND.

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SWK Fastening Revenue Falls 35%

July 30
18:12 2020

Stanley Black & Decker reported Engineered Fastening organic revenues fell 35% in the second quarter of 2020 “due to lower global automotive light vehicle and general industrial production.”

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Century Fasteners Promotes Harding

July 30
12:40 2020

Harding joined Century in 2003 to create the centralized purchasing division, and became Atlanta branch manager in 2011.

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Brikksen Moves to Larger Headquarters

July 29
17:03 2020

Relocation expands space for inventory and streamlining internal operations.

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Simpson Mfg. Sales Rise In Q2

July 29
15:10 2020

Improved sales in the repair and remodel market from consumer shift toward home renovations related to ongoing shelter-in-place orders.

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Optimas Solutions Promotes Supply Execs

July 28
21:22 2020

“The expertise and knowledge of Randy and Matt enables Optimas to embrace continuous growth and future innovation,” commented Marc Strandquist, president of the Americas.

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SEFA, SFA & Pac-West 2020 Joint Conference Postponed to 2021

July 27
13:26 2020

The Pacific-West Fastener Association, Southeastern Fastener Association and Southwestern Fastener Association were to meet in San Antonio.

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Grainger Reports 2% Sales Decline in Q2

July 23
14:43 2020

During the second quarter, the company recorded a $109 million pretax loss from the sale of the Fabory business, which it agreed in June to sell to Dutch capital firm Torqx Capital Partners for an undisclosed sum.

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BoltsandNuts.com Expands, Relocates HQ

July 22
11:30 2020

“We have expanded into this 30,000 sq ft facility that will give us more room to better serve our customers,” the company stated.

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Würth ‘Satisfied’ With First-Half Sales

July 21
11:10 2020

“Considering the current backdrop of a global pandemic, were are more than satisfied with this relatively stable development,” stated chairman Robert Friedmann.

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Birmingham Fasteners Is Nucor Master Distributor

July 16
20:03 2020

Partnership enables Birmingham Fastener to provide immediate turnaround of hex cap screws.

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