Global Fastener News

NEWS BRIEFS

LISI Aerospace Appoints New CEO

January 09
13:33 2020
    LISI Aerospace Appoints New CEO

COO Emmanuel Neildez replaces Jean-Louis Colders, who lead the company since 1996.

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FDI Continued To Slow in December

January 09
12:22 2020

For the second consecutive month, 56% of respondents saw sales growth below seasonal expectations, while just 19% characterized sales as above seasonal expectations.

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Audia, Nolan Head North Coast

January 07
11:26 2020
    Audia, Nolan Head North Coast

The 12th North Coast Distributor Social will be May 7, 2020.

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Spirol International Receives GM Quality Award

January 03
12:13 2020

Two of its manufacturing locations received the 2018 General Motors Supplier Quality Excellence Award for operational excellence and quality control.

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NEF Upgrades ERP System

December 30
22:33 2019

After two years in development, NEF gains multiple tools “in virtually every department, which will significantly enhance the NEF customer experience,” president Eric Webster announced.

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Strandquist Joins Optimas Solutions

December 25
21:49 2019
    Strandquist Joins Optimas Solutions

Strandquist started in the fastener industry in 1986 with Rockford Products. He had been with Würth from 2001 to 2019, where he served as executive VP of the Würth Group and CEO of Würth Industry North America.

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Field Celebrates $100 Million in Sales

December 19
16:36 2019
    Field Celebrates $100 Million in Sales

“We did it! Field is now a $100MM company,” the company stated on Twitter. Field has averaged a 19% growth rate since 1990.

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Hisco Wins eCommerce Award

December 19
15:47 2019

Fiscal year-to-date, page-one keywords are up an average of 50% on hisco.com, and 93% on all-spec.com, compared to the previous year.

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What STAFDA Employers Look For In New Recruits

December 18
21:52 2019
    What STAFDA Employers Look For In New Recruits

Participants at the Specialty Tools and Fasteners Distributors Association’s NextGen Networking luncheon received advice from business executives, including tips on advancement, mentors, succession and upcoming challenges.

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Birmingham Fastener Opens 3 Locations

December 12
23:07 2019

“Surround yourself with good people, give them the tools they need to be successful, and get out of the way,” stated CEO Brad Tinney.

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FTI / IFI Present Free Webinar On Standards

December 11
23:08 2019

The non-technical webinar will provide tools and resources needed to stay up-to-date on the latest efficiencies in working with fastener technical data.

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3rd Gen Family Member Leads LTI

December 10
19:45 2019
    3rd Gen Family Member Leads LTI

Brandon McVaugh began with LTI while a student. After college he worked with the Vanguard Group – fulfilling a company policy requiring family members to work five years outside the business before joining LTI.

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Fasteners Inc. CFO Sentenced To Year In Prison

December 10
07:21 2019
    Fasteners Inc. CFO Sentenced To Year In Prison

William Jones reportedly hid statements showing he used the Spokane, WA, distributorship’s credit card to pay for personal expenses, including his daughter’s college tuition and landscaping at his residence. Fastenal acquired Fasteners Inc. in 2015.

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NFDA, SEFA & STAFDA Sponsor UID

December 09
19:47 2019

The tracks in the Sunday-through-Wednesday schedule are: Distribution strategy; leadership / professional development; management + HR; marketing; operations; and sales.

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Fastenal Fastener Sales Growth Slows

December 05
13:59 2019

By end market, overall sales to manufacturing customers rose 7.5%, while sales to non-residential construction customers climbed 5% in November.

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UPM Website Redesigned for Mobile Use

December 04
19:57 2019

Marketing manager Jeff Adams emphasized the “new mobile-first design is a great advantage for those customers who prefer to navigate the web on a mobile device and offers customers across the globe a greater user experience.”

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Sherex Opens 1st Office in Europe

December 03
17:28 2019

“The UK facility will provide design and technical support and be our sales and distribution centre for the UK and Europe,” said managing director Michael Carbine.

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BUMAX Supplies Offshore Wind Farm

November 26
15:03 2019
    BUMAX Supplies Offshore Wind Farm

BUMAX said it won the order to supply stainless studs, nuts and washers for the 219MW Northwester 2 offshore wind power plants.

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Classified: Industrial Skin Craft

November 25
23:00 2019

Rivet nuts are designed to provide strong load-bearing threaded connections in thin gauge materials, or ‘skins,’ when threading is not an option.

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STAFDA’s Baird Describes “Distribution Revolution”

November 25
15:25 2019
    STAFDA’s Baird Describes “Distribution Revolution”

In some ways, small distributors are similar to the original 13 colonies, according to STAFDA President Sean Baird.

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