While Colorfast’s original metal parent product has long been FM Approved, this latest approval classifies the products in their own right.
NEWS BRIEFS
Private equity firm partnered in the transaction with the Somers family, who founded Mid-States more than 50 years ago.
The deal - NEFCO’s ninth acquisition since 2017 - marks its entry into the Pacific Northwest regional market.
Executive joined Grainger in 2006 and most recently served as the Group VP for the Merchandising and Supplier Management function.
Starting in 2024, the partnership aims to support distributor companies to expand their reach and increase their revenue and product offering of stainless steel.
Following a phase of high double-digit growth rates, U.S. demand began to normalize.
ARaymond Logansport will process 80% of its coating work and serve as the primary shipping location for both the Hamilton, Ontario, and Logansport sites.
In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution and logistics.
“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.”
After falling four consecutive months, fastener sales at Fastenal Co. grew 0.1% in September, reversing a 3.8% decline in August.
Turkey-based Norm Fasteners plans to build a 365,000 sq ft manufacturing facility in Michigan — its first in the U.S.
“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.
New executive will fulfill his new role while concurrently acting as chief information officer of Würth Industry North America.
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.
New exec has over 25 years of HR experience and is responsible for all HR functions at AFC.
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.
Founded in 1984, Phoenix-based AMW distributes tools and fasteners for the construction, stone, and brick products industry.
Since 2006, Vossloh has supplied fasteners to China’s rail infrastructure expansion, which includes 26,000 miles of high speed rail.
Cleveland-based fastener and tooling manufacturer looks to increase its international marketshare in the UK and Europe.
Exim and Bulten’s growing business to consumer electronics customers become the foundation of a new industrial segment for the Swedish fastener manufacturer.