The International Fastener Machinery & Suppliers Association meets in conjunction with Wire.
SHORTTAKES Acument Global Technologies marked the first 50-years of its Continental Midland company as a Torx drive system licensee. Continental Midland became a licensee in 1966 when the two companies...
In the past two months, the Dow has gained about 10% in value. But fastener stocks have done better than that.
“While industrial markets are showing encouraging signs of potential stabilization and increased optimism, the FDI indicates that current conditions remain choppy with relatively weak demand, competitive conditions, and pricing pressure continue to weigh on results before policy changes can be implemented,” noted R.W. Baird analyst David J. Manthey.
Founded in 1995, Air King supplies screws, nails and staples, as well as nailers and industrial staplers.
EU commissioner Cecilia Malmstrom “reiterated EU plans to introduce new ‘country neutral’ antidumping methodology,” Fastener + Fixing Magazine reported.
Leo Coar was a manufacturers rep in 1977 when he saw a need for a magazine serving the fastener distributors. He recruited his sister-in-law MaryAnn Marzocchi of Southern Screw and together they published Distributor’s Link.
"We advanced our position in technology for electric cars and hybrids," stated CEO Tommy Andersson.
The two regional associations meet together April 19-21, 2017, in New Orleans.
Speeding-up the airframe assembly process is important for Airbus, which has partnered with Polytech University in Saint Petersburg for more than a decade to help solve this issue.
MacLean-Fogg announces IndustryWeek’s selection of the MacLean-Fogg Component Solutions’ Metform division, Savanna, IL, as one of the IndustryWeek Best Plants for 2016.
Results were “negatively impacted by foreign currency translation, temporary disruptions to certain customers’ consumption patterns due to operational changes and extended site closures, and late production schedule revisions made by a major commercial OE customer,” stated CEO Dave Castagnola.
Shafer: Business model expanded to provide access in China to U.S. mid-market manufacturers.
Sales in North America grew 10% to $742 million in 2016, mostly due to increased unit sales volumes on improved economic activity as well as a slight increase in average net sales unit prices.
Overall January sales increased 9% to $336 million, with daily sales up 3.8% to $16 million.
The European Commission confirmed the expiration of two regulations applying antidumping tariffs to certain stainless steel fasteners originating in China, Taiwan and the Philippines, Fastener + Fixing Magazine reports.
The Fastener Industry Coalition will sponsor four sessions during its first Fastener Industry Summit following Fastener Tech 2017.

