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Chin Well Increasing Fastener Production in Vietnam

April 19
05:34 2018
    Chin Well Increasing Fastener Production in Vietnam

Malaysia-based fastener manufacturer cites Vietnam's cheap labor and training costs.

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Innovative Components Certifies Puerto Rico Plant

April 19
05:00 2018
    Innovative Components Certifies Puerto Rico Plant

Componentes Innovadores, Innovative Components Inc.'s fully owned Costa Rican factory, has achieved certification of the new ISO 9001:2015 standard.

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Roberto, Simpson Head FTI

April 18
10:51 2018

Outgoing board member Jennifer Sturm was on inaugural Fastener Training Institute board.

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Earnest Machine Adds Equipment in Ohio

April 17
14:32 2018

Manufacturing manager Al Shannon said the new equipment “opens up additional opportunities, enabling us to bring more drilling services in-house and allows us to take on higher volume runs of up to one million pieces.”

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Trump Tariffs Squeezing U.S. Fastener Manufacturers

April 16
18:15 2018
    Trump Tariffs Squeezing U.S. Fastener Manufacturers

Higher prices and a ‘burdensome’ exclusion process fuel uncertainty, according to the Industrial Fasteners Institute's Washington representative Jennifer Baker Reid.

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Matten: European Fastener Demand Strong

April 16
09:32 2018
    Matten: European Fastener Demand Strong

Even Great Britain’s ‘Brexit’ has not dampened manufacturing, veteran fastener editor tells Fastener Fair USA conference.

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FINdex Achieves Muted Q1 Performance

April 16
05:29 2018
    FINdex Achieves Muted Q1 Performance

Q1 was “a period when investors experienced a dizzying series of record highs, followed by a dramatic collapse and the return of long-dormant volatility,” according to MarketWatch.

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U.S. Finds Dumping & Subsidization of Steel Wire Rod

April 16
04:43 2018
    U.S. Finds Dumping & Subsidization of Steel Wire Rod

The Commerce Department determined that exporters from Italy, Korea, Spain, Turkey, and the UK are dumping carbon and alloy steel wire rod in the U.S.

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Endries Int’l Acquires Branam Fastening

April 16
04:21 2018
    Endries Int’l Acquires Branam Fastening

Founded in 1986 by Terry Delia, Branam supplies fasteners to OEM and distribution markets in the U.S.

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SWK Completes $440m Nelson Fastener Acquisition

April 16
03:48 2018
    SWK Completes $440m Nelson Fastener Acquisition

Elyria, OH-based Nelson Fastener Systems manufactures fasteners for the aerospace, automotive, construction, energy, industrial, marine and military markets.

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Trifast Acquires Precision Tech Supplies

April 16
03:01 2018
    Trifast Acquires Precision Tech Supplies

TR adds established stainless steel fastener supplier to increase global product range and growth.

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Bossard Distances Itself From Tesla Recall

April 16
02:45 2018
    Bossard Distances Itself From Tesla Recall

“In particular, we would like to clarify that the bolts in the power steering component affected by a recall were not supplied by Bossard.”

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IFE Announces Dates & Venue Through 2020

April 16
02:26 2018
    IFE Announces Dates & Venue Through 2020

“We know how important commitment and planning is to the fastener industry and this move enables us to produce the largest marketplace gathering for the 38th and 39th year in a row,” said Karalynn Sprouse, executive VP of Emerald Expositions.

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Fastener Fair USA In Detroit For 2019

April 16
01:01 2018
    Fastener Fair USA In Detroit For 2019

As the inaugural show opened in Cleveland, show management announced that the next Fastener Fair USA will be held May 22-23, 2019, at the Cobo Center in Detroit.

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Inflation Is Topic for Chicago Panelists

April 16
00:37 2018

The 37th annual Mid-West Fastener Association table top show will be June 4, 2018.

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SHORTTAKES: Arconic Fastening Systems, Bodycote, Lindstrom, MacLean-Fogg Component Solutions, Nedschroef & Trifast

April 16
00:10 2018

Arconic Fastening Systems plans a $45 million upgrade of its plant in Waco, TX, the Waco Tribune-Herald reports. “The Waco...

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Bossard Reports ‘Gratifying’ U.S. Growth

April 12
15:17 2018
    Bossard Reports ‘Gratifying’ U.S. Growth

“Business with the largest US electric vehicle manufacturer (Tesla) was less dynamic in the first quarter,” Bossard stated. “In spite of higher production volumes, sales remained at the previous year’s level, mainly due to a change in product mix.”

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Fastenal Fastener Sales Near 12% Growth

April 11
21:08 2018
    Fastenal Fastener Sales Near 12% Growth

Overall net sales increased 13.2% to $1.18 billion in the first quarter of 2018, driven by higher unit sales.

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FDI Stalls For Second Straight Month

April 10
13:00 2018
    FDI Stalls For Second Straight Month

Commentary on market conditions was mixed, with some respondents commenting on the current strong demand environment and others expressing concerns around the recently announced steel tariffs.

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Beveridge at NFDA: Competitors Afraid to Change

April 07
14:57 2018
    Beveridge at NFDA: Competitors Afraid to Change

Employees who consider themselves “entitled” don’t innovate, Beveridge tells the National Fastener Distributors Association. Entitled employees feel they are owed vs. they need to earn, they are static rather than growing and seek to preserve vs. transform.

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