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Fastener Sales Steadily Increase at Fastenal

December 12
17:40 2017
    Fastener Sales Steadily Increase at Fastenal

After months of decline, Fastenal Co. fastener sales are achieving double-digit growth in 2017.

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Cordless, Safety, Productivity Trends in 2018

December 12
06:37 2017

In his Associate State-of-the-Industry address, Joe Smith of Metabo Power Tools / North America said “revolutionary technological innovation & development are driving the cordless trend.”

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Leahy at STAFDA: Leaders Are Raised, Not Born

December 12
05:13 2017
    Leahy at STAFDA: Leaders Are Raised, Not Born

STAFDA president got first career job by offering to work one week for free.

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IFE & STAFDA Overlap in 2018

December 12
04:31 2017
    IFE & STAFDA Overlap in 2018

STAFDA will be Sunday, Monday & Tuesday in Phoenix; IFE is Tuesday, Wednesday & Thursday in Las Vegas.

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Hodell-Natco Acquires Davco Fastener

December 12
03:24 2017

Hodell-Natco president Kevin Reidl – the 2013-14 president of the National Fastener Distributors Association – views the acquisition as the perfect step in Hodell-Natco’s growth strategy.

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St. John, Baird Lead STAFDA for 2018

December 12
02:26 2017

Auburn, Washington, distributor becomes first woman president of the association founded in 1976.

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Avrin to STAFDA: Look at Reviews of Your Company

December 12
02:05 2017
    Avrin to STAFDA: Look at Reviews of Your Company

“You have to be known as the best choice in the marketplace for something. Otherwise the decision is just price,” consultant Arvin told a Specialty Tools & Fasteners Distributors Association seminar.

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Employees Still Need to Know Their Jobs

December 12
01:20 2017

Chester opened his presentation with the story of Bob Knopps, who wound wire for 59 years until retiring in 2009. “That doesn’t happen anymore,” Chester noted.

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Gilchrist Announces 58th Scholarship

December 12
01:02 2017

Robbie and Gina Gilchrist established the Gilchrist Foundation Fastener Scholarship in 2000 to return something to the fastener industry.

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SHORTTAKES: American Elite Molding, AutoCraft USA and United Performance Metals

December 12
00:24 2017

American Elite Molding was named 2017 Florida Manufacturer of the Year by the Manufacturers Association of Florida. The nylon cable...

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Obituary: Bill Hayes

December 12
00:12 2017

He founded Hayes Bolt in San Diego in 1976 and sold the distributorship to his first employee, Suzanne Dukes, in 1980. He had started Hawaii Nut & Bolt Inc. in 1979.

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Obituary: Bobby Barnhill

December 12
00:01 2017

She became the first woman president of the Western Association of Fastener Distributors.

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Florida Manufacturers Honor American Elite

December 11
18:17 2017

Cable tie manufacturer was founded in 2005, now runs 24/7 plant.

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UK’s Essentra Acquires Micro Plastics

December 08
02:14 2017
    UK’s Essentra Acquires Micro Plastics

Micro Plastics operates a 238,000 sq ft facility in Flippin, AR, as well as a subsidiary in Monterrey, Mexico.

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KLX Aerospace Fastener Sales Grow

December 06
16:02 2017

"ASG continued its market momentum with three new contract awards and market share gains valued at approximately $125 million in the aggregate."

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Fastenal Fastener Sales Continue Rising

December 06
12:32 2017
    Fastenal Fastener Sales Continue Rising

Overall sales at Fastenal rose 15.4% to $365.5 million in November, with daily sales up 15.4% to $17.4 million.

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Lawson Reports Sales Growth

December 04
13:53 2017

Chicago-based distributor said sales were positively impacted by the 11% increase in sales rep productivity, the effect of acquisitions completed in 2016 and continuing improvement in the MRO marketplace.

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IFI’s Harris Retiring From “Healthy Industry”

November 30
22:03 2017
    IFI’s Harris Retiring From “Healthy Industry”

As he retires, Harris sees a “healthy industry and healthy customers” for the fastener industry. “Boeing and all aerospace are booked with orders,” he pointed out.

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TFI Expands Inventory

November 29
12:50 2017
    TFI Expands Inventory

Threaded Fasteners Inc. acquires inventory of a Mississippi-based fastener firm — some 111 pallets of materials totaling more than a million parts.

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Autocraft USA Names Anderson President

November 28
15:44 2017
    Autocraft USA Names Anderson President

Prior to joining Autocraft in 2012, the fastener industry veteran held executive roles at Heads & Threads International, Brighton Best International, and Brighton Best Socket Screw Mfg.

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