Overall Fastenal sales increased 10.5% to $411.9 million in February, while daily sales grew 10.5% to $20.6 million during February.
NEWS BRIEFS
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.
March 05
15:57
2019
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.
March 04
12:24
2019
Both have been active in the Southwestern Fastener Association since 1984. Both have been SFA chairpersons.
February 28
15:07
2019
Revenue increased “due to higher demand levels for more complex fasteners.”
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.
February 27
21:14
2019
Previously Filion worked for 20 years at Velcro USA Inc., including most recently as president.
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.
February 24
22:21
2019
Scott Bardreau as over 35 years of industry experience, including the last 12 years with Matco-Norca as VP of sales and marketing.
February 22
15:05
2019
Gross margin was higher at 11% “despite the impact of U.S. Section 232 tariffs on overall volumes.”
February 20
13:25
2019
The company said it will commemorate its 20th anniversary by exhibiting at the FABTECH Show, November 11-14, in Chicago.
February 20
10:27
2019
3Q supplies Sems washers, double coil lock washers, cold formed fasteners and sheet metal screws.
February 19
11:11
2019
“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.
February 14
15:36
2019
Program seeks to raise environmental awareness, educate youth about pollution control technologies and provide practical experience.
February 14
02:39
2019
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.
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.
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.
February 12
09:02
2019
Applicants can be full time or part time students working in the industry or children of working fastener people.
February 08
13:39
2019
Specialty Screw adding 20,000 sq ft to its Rockford plant.
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.
