Global Fastener News

NEWS BRIEFS

Crawl, Wood Head SEFA for 2022/23

May 31
08:43 2022

Anthony Crawl of Birmingham Fastener is the 2022-23 president of the Southeastern Fastener Association.

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Henkel Decarbonizing Supply Chain

May 26
18:08 2022
    Henkel Decarbonizing Supply Chain

Adhesives manufacturer Henkel has partnered with energy and sustainability firm Schneider Electric to halve their operation’s CO2 emissions by 2025.

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Crawl, Wood Head SEFA for 2022/23

May 26
15:22 2022

Anthony Crawl of Birmingham Fastener is the 2022-23 president of the Southeastern Fastener Association and Stephanie Wood of Fastener Supply is vice president.

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Chicago Rivet Fastener Sales Flatten

May 25
22:24 2022

“Results in the first quarter reflected steady demand overall, but demand from automotive customers... was constrained by continued pandemic-fueled chip and parts shortages.”

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Birmingham Fastener Names Sales VP

May 23
17:30 2022

Rodney Holmes, who has 17 years fastener sales experience, will oversee sales of 10 companies nationwide.

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NBK America Acquires Solid Spot

May 23
10:43 2022

NBK manufactures screws and shaft couplings for the semiconductor manufacturing, medical devices, machine tools, food/beverage, optical and automation industries.

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Hilti Group Sales Rise in 2021

May 17
22:25 2022
    Hilti Group Sales Rise in 2021

“The global supply bottlenecks, combined with massive price increases for raw materials and for energy and transportation, have been further exacerbated by the war in Ukraine and the current lockdowns in China,” stated CEO Christoph Loos.

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Bertaggia Succeeds Lederer at EFDA

May 17
21:29 2022

The European Fastener Distributors Association elected Andreas Bertaggia as its new president.

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Soft Sales Slow FDI Growth in April

May 12
23:03 2022
    Soft Sales Slow FDI Growth in April

A general market slowdown, limited material availability for specialty fasteners, lower “panic buying” and Spring Break-related softness weighed on fastener sales growth last month, according to R.W. Baird analyst David Manthey.

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LISI Group Sales Rise Double Digits

May 12
12:58 2022

All three divisions of the French aerospace fastener manufacturer achieved gains during the opening quarter of 2022.

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Adept Fasteners Acquiring Tooling Service

May 11
09:01 2022
    Adept Fasteners Acquiring Tooling Service

Aerospace fastener stocking distributor adds Grand Prairie, TX-based Innovative Tooling Services to provide complete fastener solutions.

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Equity Firm Acquires KY-Based Auveco

May 09
10:32 2022
    Equity Firm Acquires KY-Based Auveco

Founded in 1916, Kentucky-based Auveco supplies automotive fasteners to the body hardware aftermarket as well as general industrial fasteners used in MRO applications in North America.

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UPM Adds Additive Mfg. Facility in Ohio

May 09
08:57 2022
    UPM Adds Additive Mfg. Facility in Ohio

United Performance Metals opened UPM Additive, an additive manufacturing solutions center at its Ohio headquarters that will provide stainless steel, nickel and titanium build plates.

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Schorr New Optimas Solutions CIO

May 06
18:11 2022
    Schorr New Optimas Solutions CIO

Optimas OE Solutions includes companies dating back to 1890 and became Optimas in 2015 following 10 acquisitions between 2002 and 2008.

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Tree Island Steel Sales Strong in Q1

May 05
11:40 2022

Inflationary cost increases continued in the opening quarter of 2022, led by key raw materials, namely steel wire rod and zinc, as well as freight, labour and utilities, the company noted.

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PrimeSource Acquires Axxis

May 04
11:26 2022

Founded in 2008, Schaumburg, IL-based Axxis supplies fastening tools and fasteners for industrial, packaging and wood-to-wood applications.

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Yarborough New GM of Champion Mfg.

May 03
11:15 2022
    Yarborough New GM of Champion Mfg.

Yarborough is involved in many industry organizations, including the Fastener Training Institute and the Southwestern Fastener Association.

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Hybrid Work & Online Marketing ‘22 STAFDA Topics

May 03
08:01 2022

Working remotely or hybrid, persuasive conversations and online marketing are topics for 2022 conference sessions of the Specialty Tools & Fasteners Distributors Association convention.

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Grainger Sales up 18% in Opening Quarter

May 03
00:04 2022

Robust demand and operational efficiency drive strong results despite ongoing inflationary and supply chain challenges.

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Nominations Open for ’22 Hall of Fame

May 01
22:26 2022

112 people have been inducted since the then-National Industrial Fastener Show started its Hall of Fame in 1982 in Columbus, OH.

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