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Fastenal Fastener Sales Improve

March 09
11:17 2020

Fastenal reported fastener sales increased 1.6% in February, compared with a 1.3% rate of growth the previous month. Sales of other products grew 6.9%.

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Panelists: Fastener Production Resumes in China

March 09
00:20 2020
    Panelists: Fastener Production Resumes in China

NFDA & Pac-West add panel to joint meeting to update members on status of imported fasteners from China.

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The Changing Face of Riveting Technology

March 05
21:48 2020
    The Changing Face of Riveting Technology

“When you think of the process broadly as just one of many permanent mechanical fastening methods, you’ll find that the innovation abounds,” Orbitform sales VP Bryan Wright writes.

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Kawasaki Keynoting 2020 STAFDA

March 03
09:43 2020
    Kawasaki Keynoting 2020 STAFDA

Kawasaki speaks about entrepreneurship, venture capital, marketing and business evangelism. 

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Düsseldorf Wire Show Postponed

March 02
13:50 2020
    Düsseldorf Wire Show Postponed

In February, the 2020 Taiwan International Fastener Show was postponed to October.

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Fastener Stocks Outperform Indexes Amid Pandemic

March 01
18:25 2020
    Fastener Stocks Outperform Indexes Amid Pandemic

The market correction prompted by the outbreak of the coronavirus caused U.S. industrial stock indexes to lose 11.8% in value since February 21. In contrast, the FIN Fastener Stock Index faired better, losing only 9.8% of its value during the same period.

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Rotor Clip Partners With Electro Hardware

February 28
13:14 2020

Founded in 1993, Florham Park, NJ-based Electro Hardware distributes fasteners, electronic hardware, fasteners and other products.

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TriMas Fastener Sales & Profit Climb

February 27
11:25 2020

During the year, TriMas sold its fastener and sealing Lamons business for $135 million, reducing the company’s exposure to the oil and gas market.

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John Hassall Machinery To Be Auctioned April 16

February 27
08:23 2020

Hassall is a 150-year manufacturer of rivets, pins, commercial and aerospace fasteners, and cold formed parts.

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TriMas Deal Boosts Blue-Chip Base

February 25
10:31 2020

TriMas has agreed to acquire the Rapak brand, including certain bag-in-box product lines and assets from Liqui-Box.

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Huyett Adds Roach & Bello As Sales Managers

February 25
10:03 2020

“With the addition of Andy Roach and Tom Bello, our sales team possesses over 100 years' experience with non-threaded and engineered fasteners,” sales VP Dan Harriger noted.

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2020 Taiwan Fastener Show Postponed Until October

February 24
22:23 2020
    2020 Taiwan Fastener Show Postponed Until October

“After comprehensive consideration of the new coronavirus epidemic, the organizer decided to extend the exhibition date,” according to the official statement.  

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Ken Forging Turns 50: Inventory Key Strategy

February 24
18:44 2020
    Ken Forging Turns 50: Inventory Key Strategy

Early on, founder Rich Kovach developed a business strategy of having product in stock.

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Commerce Affirms Probes On Asian Threaded Rod

February 24
15:42 2020

The U.S. Department of Commerce announced affirmative final determinations in the antidumping and countervailing investigations of imports of carbon and alloy steel threaded rod from China and India.

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Stanley Black & Decker To Acquire CAM For $1.5b

February 24
11:43 2020
    Stanley Black & Decker To Acquire CAM For $1.5b

The deal with Brea, CA-based Consolidated Aerospace Manufacturing LLC is contingent on the Boeing 737 MAX returning to service and on Boeing meeting certain production goals.

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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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