Former president of the Metropolitan Fastener Distributors Association had 40-year fastener career including 20 years with Mutual Screw & Supply.
Company touted new hire's “long career in the OEM space as both a supply chain and sales leader”.
Executive is seasoned IT leader with over 24 years of experience at a prominent European company, where he directed North American IT operations.
Fastenal Co. reported October fastener sales improved over a 3.3% decline in September.
Revenue growth achieved despite “restricted volumes shipped to the Boeing Company and notably weaker Europe market conditions.”
Executive's experience includes 14 years with Infasco and shorter times with Kimball Midwest and Lawson Products.
Sales, including fasteners, decreased 1.4% in the third quarter of 2024, while net income improved 45%.
After 53 days, machinists accept a new four-year contract with the troubled aerospace giant, enabling production to resume immediately.
Acquisition enables Switzerland's SFS Group to expand its presence in the Midwestern U.S.
Gains “driven by growth in all geographies and included broad-based gains across most customer end markets.”
Three “Leadership Development” panelists offered advice during the National Fastener Distributors Association 2024 executive summit.
New rep will cover the territory of Texas, Oklahoma, New Mexico, Arkansas and Tennessee.
Customers need to know “we want to do business with you,” explained Kevin Chavis of Star Stainless Screw.
Automotive OEM fasteners slipped on weak demand, while Construction Products sales approached double-digit declines in the third quarter.
Aerospace expansion and general industrial growth could not overcome automotive market softness at Stanley Black & Decker's fastener business.
New managing director for Swedish stainless steel fastener manufacturer has over 20 years of global business experience, most recently with motion technology group Schaeffler.
Robert Trembicki brings nearly 34 years of experience in manufacturing and aerospace, including as sales executive for Precision Castparts.
Shanghai fastener manufacturer reported double digit gains during the first nine months of 2024.
Anti-dumping probe scrutinizing Chinese screws and bolts, whether or not with their nuts and washers, without heads.
The FIN Fastener Stock Index recovered in the third quarter of 2024 as “production at U.S. factories surged in August amid a rebound in motor vehicle output.”

