After months of decline, Fastenal Co. fastener sales are achieving double-digit growth in 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.”
STAFDA president got first career job by offering to work one week for free.
STAFDA will be Sunday, Monday & Tuesday in Phoenix; IFE is Tuesday, Wednesday & Thursday in Las Vegas.
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.
Auburn, Washington, distributor becomes first woman president of the association founded in 1976.
“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.
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.
Robbie and Gina Gilchrist established the Gilchrist Foundation Fastener Scholarship in 2000 to return something to the fastener industry.
American Elite Molding was named 2017 Florida Manufacturer of the Year by the Manufacturers Association of Florida. The nylon cable...
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.
She became the first woman president of the Western Association of Fastener Distributors.
Cable tie manufacturer was founded in 2005, now runs 24/7 plant.
Micro Plastics operates a 238,000 sq ft facility in Flippin, AR, as well as a subsidiary in Monterrey, Mexico.
"ASG continued its market momentum with three new contract awards and market share gains valued at approximately $125 million in the aggregate."
Overall sales at Fastenal rose 15.4% to $365.5 million in November, with daily sales up 15.4% to $17.4 million.
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.
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.
Threaded Fasteners Inc. acquires inventory of a Mississippi-based fastener firm — some 111 pallets of materials totaling more than a million parts.
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.

