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TriMas Awarded Airbus Contracts

February 24
10:34 2020

TriMas Aerospace’s Monogram Aerospace Fasteners and Allfast Fastening Systems operations were both awarded new supply contracts by Airbus, expanding the company’s engineered fastener sales in Europe.

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After Declines, FDI Rises In January

February 24
09:44 2020
    After Declines, FDI Rises In January

About 53% of respondents saw sales growth above seasonal expectations, while 23% characterized sales as below seasonal expectations.

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Earnest Machine Acquires NTF

February 24
08:17 2020

Earnest Machine closed National Threaded Fasteners’ facility in Perry, OH, on February 12 and will move the inventory and operations to its facilities in Indianapolis and Atlanta.

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Arconic Board Approves Howmet Aerospace

February 24
07:15 2020

Arconic's Engineered Products and Forgings businesses (engine products, fastening systems, engineered structures and forged wheels) will be renamed Howmet Aerospace Inc. in April.

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Barnes Group Sells Seeger-Orbis

February 24
06:52 2020
    Barnes Group Sells Seeger-Orbis

Barnes acquired the Germany-based fastener manufacturer in 2002 and incorporated it into Barnes’ Engineered Components business unit within the Industrial Segment.

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LINC Systems Acquires R.V. Evans Co.

February 24
06:09 2020
    LINC Systems Acquires R.V. Evans Co.

Founded in 1937, Decatur, IL-based R.V. Evans has been owned and operated by the Evans family for over 80 years and is currently led by Kelly Evans (president) and TC Evans, who will continue to lead the company.

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Hilti Introduces Traceable Fasteners

February 24
05:43 2020
    Hilti Introduces Traceable Fasteners

New smart fasteners provide documentation and tracking, digital access to relevant setting instructions, training & inspection documents, and even certifications, according to ProTool Reviews.

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WIFI Posts Scholarship Application Deadlines

February 24
04:15 2020

Women in the Fastener Industry is accepting applications for four memorial scholarships.

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NCFA Distributor Social May 7 Following Plant Tour

February 24
03:35 2020

Prior to the 5pm social, Solution Industries will hold an open house at its 50,000 sq ft facility.

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Bulten Launches BUFOe – Energy Efficient Fasteners

February 24
02:57 2020
    Bulten Launches BUFOe – Energy Efficient Fasteners

By replacing conventional fasteners in a vehicle with BUFOe, CO2 emissions can be reduced by more than 30% in the manufacturing process, according to the Swedish fastener manufacturer.

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SHORTTAKES: EFC, Monster Bolts, Parker Fasteners and Smart Machinery SrL

February 24
02:26 2020

EFC International signed a warehouse lease to increase space in a relocation of its Chicago office from approximately 34,000 square...

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South Africa Sets Value Tariffs on Fasteners

February 24
01:15 2020

South Africa made a final determination on safeguard measures for imported threaded fasteners of iron or steel, proposing to implement a three-year safeguard measure on the products involved in the form of value tariffs, according to Yieh Corp Steel News.

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Chinese Fastener Factories Returning to Production

February 24
00:33 2020
    Chinese Fastener Factories Returning to Production

Chinese fastener factories were returning to work after the “enforced extension of the Chinese New Year holiday as part of the containment of the Wuhan coronavirus outbreak,” Fastener & Fixing Magazine editor emeritus Phil Matten reported.

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Würth Group Sales Continue to Grow

February 24
00:18 2020

“Sales developed in an unusually heterogeneous way in 2019,” the group stated. Sales in Germany increased 2.1%, while sales outside of Germany gained 6.8%.

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Multi-Tek Fastener Automating Facility

February 24
00:09 2020

Company investing as much as NT$300 million (US$9.86 million) to establish a highly automated fastener factory in Taiwan to expand capacity and efficiency.

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U.S. Factories in China Open With Worker Shortage

February 19
10:50 2020
    U.S. Factories in China Open With Worker Shortage

U.S. factories around Shanghai will be back at work this week, but the “severe” shortage of workers due to the coronavirus will hit production and global supply chains, Bloomberg reports.

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EFC Int’l Relocating Chicago Office

February 16
21:26 2020
    EFC Int’l Relocating Chicago Office

EFC International signed a warehouse lease to increase space in a relocation of its Chicago office from approximately 34,000 square feet in nearby Bloomingdale, IL, to a 63,318 sq ft facility in nearby Hanover Park, the Chicago Daily Herald reports.

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2020 Taiwan Fastener Show: From Wire to Fasteners

February 10
20:00 2020
    2020 Taiwan Fastener Show: From Wire to Fasteners

Taiwan exported 1.6 million metric tons of fasteners totaling US$4.6 billion in 2018. The April 21-23 trade show includes one-on-one procurement meetings.

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Devadass New Smart Machinery CEO

February 10
18:12 2020

Smart of Italy acquired by National Machinery in 2015.

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Parker Fasteners Opens HQ

February 10
11:43 2020
    Parker Fasteners Opens HQ

The company purchased the 50,000 sq ft facility in April 2019 and renovated it to house more than 100 full-time staff.

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