Global Fastener News

NEWS BRIEFS

Fastenal Fastener Sales Growth Slows

March 07
12:21 2019

Overall Fastenal sales increased 10.5% to $411.9 million in February, while daily sales grew 10.5% to $20.6 million during February.

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Park-Ohio Fastener Segment Sales Rise

March 06
12:32 2019

“Our fastener manufacturing business continues to perform well, increasing sales of its self-piercing and clinch products to new customers around the world,” stated CFO Patrick Fogarty.

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Jergens Names New GM

March 05
15:57 2019
    Jergens Names New GM

Since 2007, Matt Schron has been GM for Jergens Industrial Supply, the company’s distributor of metalworking products representing more than 300 manufacturers in the U.S.

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Longyears Retiring From Metric & Multistandard

March 04
12:24 2019

Both have been active in the Southwestern Fastener Association since 1984. Both have been SFA chairpersons.

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TriMas Aerospace Segment Sales Rise

February 28
15:07 2019

Revenue increased “due to higher demand levels for more complex fasteners.”

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OBITUARY: Gary and Elizabeth Lilly

February 28
12:26 2019

He was the owner of Delaware-based Kenneth G. Lilly Fasteners, Inc. – a distributorship founded in 1964 by his father, Kenneth Granville Lilly.

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Phillips Screw Names Filion as President

February 27
21:14 2019
    Phillips Screw Names Filion as President

Previously Filion worked for 20 years at Velcro USA Inc., including most recently as president.

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Earnest Machine Adds to Sales Team

February 25
14:43 2019

“When we make new hires, we look for people who perform best in a collaborative environment,” said CEO Kirk Zehnder.

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Midland Metal Names Chief Sales Officer

February 24
22:21 2019
    Midland Metal Names Chief Sales Officer

Scott Bardreau as over 35 years of industry experience, including the last 12 years with Matco-Norca as VP of sales and marketing.

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Tree Island Steel Reports Profit Growth

February 22
15:05 2019

Gross margin was higher at 11% “despite the impact of U.S. Section 232 tariffs on overall volumes.”

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SC Fastening Systems Marks 20 Years

February 20
13:25 2019
    SC Fastening Systems Marks 20 Years

The company said it will commemorate its 20th anniversary by exhibiting at the FABTECH Show, November 11-14, in Chicago.

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3Q Receives ISO 9001-2015 Certification

February 20
10:27 2019

3Q supplies Sems washers, double coil lock washers, cold formed fasteners and sheet metal screws.

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Beacon Fasteners Names Reps

February 19
11:11 2019
    Beacon Fasteners Names Reps

“With over 45 years of industrial sales experience in the New England territory, Rick and Morgan will be a great liaison to our Northeast customer base and a valuable asset to our team,” Beacon key account sales manager Dennis Mark said.

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Ship & Shore Launches Engineer Mentorship

February 14
15:36 2019

Program seeks to raise environmental awareness, educate youth about pollution control technologies and provide practical experience.

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FDI Steady in January After Declines

February 14
02:39 2019
    FDI Steady in January After Declines

Several respondents expressed “cautious optimism” for a potential resolution to the US-China trade dispute. Pending any resolution, however, tariffs continue to impact lead times and pricing.

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Jim Ruetz Stepping Down as AIS CEO

February 12
14:07 2019

The 2001 president of the National Fastener Distributors Association and the 2018 NFDA Fastener Professional of the Year honoree started in the fastener industry 42 years ago at his family’s business, All Tool Sales.

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IFE Adding Account Executive

February 12
09:56 2019

Morgan Wilson, IFE business development manager, told GlobalFastenerNews.com the position is an addition for the fastener team and will assist him in the North American territory.

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Gilchrist Scholarship Deadline May 31

February 12
09:02 2019

Applicants can be full time or part time students working in the industry or children of working fastener people.

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Specialty Screw Names Wight as COO

February 08
13:39 2019

Specialty Screw adding 20,000 sq ft to its Rockford plant.

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Bulten Sales Up, Profit Down

February 07
17:25 2019

“Demand for hybrids and electric cars is increasing, and this is a favorable development for Bulten,” stated CEO Tommy Andersson.

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