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Three Predictions for Automation and Jobs

January 18
12:06 2017
    Three Predictions for Automation and Jobs

Jobs will change, forcing workers to adapt and global productivity will rise, according to the Wall Street Journal.

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RFID Technology Helping Endries Int’l Win New Business

January 17
23:43 2017
    RFID Technology Helping Endries Int’l Win New Business

New high-tech solution crafted in cooperation with UW–Madison engineers lets workers on customers’ manufacturing floor send a “time to restock” signal simply by dropping an empty bin into a chute for electronic identification.

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Monroe Aerospace Names Ratcliffe as GM

January 17
00:31 2017
    Monroe Aerospace Names Ratcliffe as GM

Ratcliffe started his career with Rexnord/Fairchild Specialty Fasteners Div.

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FIN Survey: Profits Outperform Sales in 2016

January 16
01:00 2017
    FIN Survey: Profits Outperform Sales in 2016

The End of 2016 FIN Survey participants were nearly evenly divided on confidence in the North American economy, with a 52% majority indicating “Moderate” confidence; 27% pegging it at “High”; and 21% having “Low” confidence.

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PERSPECTIVE: Canada’s Leland Investing in Illinois; Cites High Energy Costs in Ontario

January 16
00:55 2017
    PERSPECTIVE: Canada’s Leland Investing in Illinois; Cites High Energy Costs in Ontario

MEDIA SPOTLIGHT: "We've prided ourselves that a Canadian manufacturer with the right people, processes, and technologies, can compete with anyone in the world,” Leland founder and CEO Byron Nelson told the Canadian Press. "But, we can no longer compete with the escalating energy costs we are seeing here in Ontario.”

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G.L. Huyett Acquires Mak-A-Key From ITW

January 16
00:30 2017
    G.L. Huyett Acquires Mak-A-Key From ITW

“The MAK-A-KEY brand name is very well known and reinforces our reputation as a manufacturer of choice in key stock and machine keys,” stated G.L. Huyett CEO Tim O’Keeffe.

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AIT Buying KUKA Aerospace

January 16
00:29 2017
    AIT Buying KUKA Aerospace

Based in Clinton Township, MI, KUKA Aero integrates new robotic technologies used in aerospace assembly, and provides automation solutions and engineering to the aerospace industry.

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KLX Gets $300m in New Program Awards

January 16
00:27 2017
    KLX Gets $300m in New Program Awards

The company said these new program awards represented “significant market share gains” and are initially valued at approximately $300 million in the aggregate.

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Online Sales Boost Würth Growth

January 16
00:25 2017
    Online Sales Boost Würth Growth

South and Eastern European Group companies did “exceptionally well,” compensating for the difficult market situation in Western Europe and North America.

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Bossard Group Achieves Record Sales

January 16
00:23 2017
    Bossard Group Achieves Record Sales

Growth was mainly fueled by business in Europe (+8.2%) and America (+38.9%); Bossard’s Asian business also made progress, reflecting successful development efforts in various markets.

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WIFI Names Hearn President

January 16
00:18 2017
    WIFI Names Hearn President

“WIFI has an exceptional bounty of opportunities found in the strength of our board and our members,” Hearn stated.

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Baer, Gawlik Head MWFA for 2017

January 16
00:17 2017
    Baer, Gawlik Head MWFA for 2017

Board members: Adams, Brin, Delawder, Wiedmeyer and Wishnew.

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SHORTTAKES: Abbott-Interfast, Arlington Plating, Charles J. Wilson, Reed Machinery and Valley Nut & Bolt

January 16
00:15 2017

Abbott-Interfast Corp. named Robert (Bob) Baer president and CEO, effective January 1.  He will be responsible for all operating units...

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Obituary: George John Grabner

January 16
00:10 2017
    Obituary: George John Grabner

His career included heading The Weatherhead Company and Lamson & Sessions Company; and on Cardinal Fastener & Specialty Co. board. His recognitions included the Industrial Fasteners Institute Soaring Eagle Award.

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Automating Aerospace Manufacturing

January 13
11:24 2017
    Automating Aerospace Manufacturing

The aerospace sector has always been at the forefront of technological change, and now it is spearheading a change that worries many: a shift towards automated manufacturing, reports The Engineer.

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MSC Direct Sales Down, Income Up

January 13
00:09 2017
    MSC Direct Sales Down, Income Up

“As we moved into December, the start of our fiscal second quarter, we saw growth in sales, as well as improvement across all of our customer types," stated CEO Erik Gershwind.

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Fastener Distributor Index Rises in December

January 13
00:08 2017
    Fastener Distributor Index Rises in December

Top-line sentiment remained mostly positive for December, as 67% of respondents saw better or unchanged sales but did decelerate slightly vs. November (74%).

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Stanley Black & Decker Re-Tooling Portfolio With Iconic Brands

January 12
12:24 2017
    Stanley Black & Decker Re-Tooling Portfolio With Iconic Brands

In recent months Stanley Black & Decker has acquired Newell Brand’s tool unit, which contains strong brands like Lenox and Irwin; the company also acquired Sears’ Craftsman Tools, SeekingAlpha reports.

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Steel Remains the Go-To Material for Automakers

January 12
12:18 2017
    Steel Remains the Go-To Material for Automakers

Automakers seeking to reduce vehicle weight to improve fuel economy increasingly use other metals such as aluminum and composites such as carbon fiber. Yet, steel remains the overall material of choice, Wards Auto reports.

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PennEngineering’s Atlas Products Wins Supplier Award from Fastenal

January 12
12:12 2017
    PennEngineering’s Atlas Products Wins Supplier Award from Fastenal

Atlas was ranked the top yearly performer among 35 eligible peer suppliers in the “Direct Ship” class.

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