Global Fastener News

NEWS BRIEFS

EJOT Colorfast Fasteners Get FM Mark

October 23
16:05 2023
    EJOT Colorfast Fasteners Get FM Mark

While Colorfast’s original metal parent product has long been FM Approved, this latest approval classifies the products in their own right.

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Mid-States Bolt Gets PE Investment

October 20
10:55 2023
    Mid-States Bolt Gets PE Investment

Private equity firm partnered in the transaction with the Somers family, who founded Mid-States more than 50 years ago.

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NEFCO Acquires Edge Construction

October 19
10:04 2023

The deal - NEFCO’s ninth acquisition since 2017 - marks its entry into the Pacific Northwest regional market.

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Grainger Names New HR Head

October 18
10:49 2023
    Grainger Names New HR Head

Executive joined Grainger in 2006 and most recently served as the Group VP for the Merchandising and Supplier Management function.

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BBI Partners with Parker Fasteners

October 17
15:17 2023

Starting in 2024, the partnership aims to support distributor companies to expand their reach and increase their revenue and product offering of stainless steel.

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Bossard Reports Global Slowdown in Q3

October 17
10:28 2023

Following a phase of high double-digit growth rates, U.S. demand began to normalize.

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ARaymond Invests $12m in Coating Line

October 16
07:45 2023
    ARaymond Invests $12m in Coating Line

ARaymond Logansport will process 80% of its coating work and serve as the primary shipping location for both the Hamilton, Ontario, and Logansport sites.

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Fastenal Names Operations VP

October 13
17:03 2023
    Fastenal Names Operations VP

In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution and logistics.

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FDI Dips Amid “Mixed Signals”

October 13
02:46 2023
    FDI Dips Amid “Mixed Signals”

“While August may have temporarily benefited from some pent-up demand following summer vacations, September returned to the more sluggish pace of activity seen throughout most of 2023.”

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Fastenal Fastener Sales Rise in September

October 12
15:14 2023
    Fastenal Fastener Sales Rise in September

After falling four consecutive months, fastener sales at Fastenal Co. grew 0.1% in September, reversing a 3.8% decline in August.

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Turkish Bolt Manufacturer Plans U.S. Plant

October 11
23:57 2023
    Turkish Bolt Manufacturer Plans U.S. Plant

Turkey-based Norm Fasteners plans to build a 365,000 sq ft manufacturing facility in Michigan — its first in the U.S.

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BlackHawk Integrates Big Red Fasteners

October 11
23:55 2023
    BlackHawk Integrates Big Red Fasteners

“Our unique capabilities and services allow us to further separate ourselves from competitors in the fastener industry and harness our full potential as a full line fastener distributor,” stated BlackHawk fastener division GM Keith Shope.

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Würth MRO Appoints New CEO

October 11
09:39 2023
    Würth MRO Appoints New CEO

New executive will fulfill his new role while concurrently acting as chief information officer of Würth Industry North America.

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Vimi Fasteners Revenue Rises

October 06
00:22 2023

Revenue is forecast to grow 9.5% annually during the next 3 years, compared to a 7.5% growth forecast for the machinery industry in Italy.

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AFC Industries Names HR VP

October 05
09:14 2023
    AFC Industries Names HR VP

New exec has over 25 years of HR experience and is responsible for all HR functions at AFC.

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Volt Plastics Expansion Nearly Complete

October 04
14:27 2023

Dubbed “Volt 2.0,” the renovation will increase Volt’s overall facility size to 100,000 sq ft for production and inventory of 100 million parts, the company announced in LINK Magazine.

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GMS Acquires AMW Construction Supply

October 03
10:46 2023

Founded in 1984, Phoenix-based AMW distributes tools and fasteners for the construction, stone, and brick products industry.

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Vossloh Wins High-Speed Rail Fastener Contract

September 27
10:18 2023
    Vossloh Wins High-Speed Rail Fastener Contract

Since 2006, Vossloh has supplied fasteners to China’s rail infrastructure expansion, which includes 26,000 miles of high speed rail.

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Jergens Names European Director

September 26
09:41 2023

Cleveland-based fastener and tooling manufacturer looks to increase its international marketshare in the UK and Europe.

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Bulten AB Completes Exim Acquisition

September 25
10:27 2023

Exim and Bulten’s growing business to consumer electronics customers become the foundation of a new industrial segment for the Swedish fastener manufacturer.

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