Fastener Distribution Holdings (FDH), a portfolio company of Audax Private Equity, acquired Blue Sky Industries, a Monterey Park, CA-based distributor of C-class parts to aerospace and defense MRO and OEM customers.
May 08
00:17
2018
For 23 years, Harris was the Industrial Fasteners Institute’s sixth managing director. Technology award goes to Lawler, engineer and leader on material, product, and process standardization committees.
May 08
00:03
2018
Birmingham Fastener and Supply Inc. won the 2018 Alabama Manufacturer of the Year award in the medium category. The award is given by the Business Council of Alabama and the...
May 06
15:28
2018
“Improvement in automotive sales and the addition of a number of non-automotive customers in the second half of 2017 contributed to the revenue increase in the first quarter.”
May 05
08:37
2018
Branding is how your brand makes people feel, Gail Friedberg told the Women in the Fastener Industry.
May 04
16:55
2018
Overall sales increased 19.1% to $409.3 million in April, while daily sales grew 13.4% to $19.5 million during the month.
May 02
23:38
2018
White House trade adviser Peter Navarro said every country granted an exemption from the tariffs will face an import quota and other restrictions. He also indicated that this extension is the last one Trump will grant.
May 02
23:31
2018
There are no recorded incidents of fastener workers regarding the Prop 65 chemicals, but Carmen Vertullo advises Pacific-West Fastener Association members to develop a strategy, starting with a “compliance person.”
May 02
12:09
2018
April PMI registered 57.3%, a decrease of 2 percentage points from the March reading of 59.3%, Industrial Distribution reports.
May 02
09:26
2018
“We had a strong start to fiscal year 2018 with top line growth of 10.0% as we benefited from the acquisition of ST Fastening Systems in late 2017,” commented CEO Greg Gluchowski.
April 30
14:03
2018
“Volume growth in aerospace engines, defense and industrial more than offset the continued downturn in the industrial gas turbine market and headwinds in aerospace airframe production mix, related to fastening systems.”
April 27
14:02
2018
Boeing reportedly has competed against at least one private-equity firm to secure a deal with KLX - the former B/E Aerospace fastener division, the Wall Street Journal reports.
April 27
09:19
2018
“During the quarter, we captured increased end market demand through our refocused commercial efforts,” stated CEO Thomas Amato.
April 26
21:03
2018
Doran tells Timberline history from A&I Bolt founding in 1923 through Würth acquisition in 2014.
April 26
17:12
2018
“Despite lower than expected auto builds impacting our Automotive OEM segment, we delivered three percent organic revenue growth,” stated CEO Scott Santi.
April 25
13:06
2018
Company plans “to build a new plant in the Midwest, add new product lines, increase the size of its workforce and give out more bonuses,” according to the National Association of Manufacturers.
April 25
08:21
2018
“The automotive industry is transforming at an incredible rate,” stated General Motors senior VP Steve Kiefer.
April 23
14:00
2018
Sales, including fasteners, increased 9% to $2.8 billion in the first quarter of 2018, driven by an 8 percentage point increase from volume.
April 20
12:31
2018
“Automotive fastener penetration gains were offset by the anticipated impact from lower automotive system shipments and lower volumes within electronics.”
April 19
11:06
2018
Fastener supplier recognized as manufacturer of the year for the state of Alabama.
