Fastenal has invested more than $300,000 in equipment and infrastructure in its U.S. distribution centers to efficiently bale and consolidate used PE film for recycling.
August 14
15:33
2023
Sales, employment and supplier deliveries declined sequentially, while customer inventories improved month-to-month.
August 14
13:19
2023
To support its growing EV business, the Chennai, India-based manufacturer is investing $36 million over the next 12 months to expand production capacity in Mahindra City and Sri City, EnergyPortal.eu reports.
August 10
09:34
2023
Domestic steel consumption is poised to recover amid improving demand from automotive and computer manufacturers, the Kaohsiung-based steelmaker stated.
August 08
14:52
2023
Founded in 1960, Canton,MA-based Electronic Fasteners Inc. is a stocking distributor that will be renamed Monroe EFI.
August 07
22:53
2023
The specialty fastener manufacturer relocated from suburban Chicago to a new location in Rockford - the traditional home of the U.S. fastener industry.
August 07
10:07
2023
Fastener sales had stabilized in June, holding at a 0.6% rate of decline that began in May and ending a 27-month stretch of fastener product revenue growth.
August 03
22:43
2023
Higher customer demand for its proprietary products and sales from the 2022 acquisition of Charter Automotive drive gains.
August 03
12:48
2023
He co-founded South Carolina-based Warren Fastenings South with his son, Eric Finkelstein.
August 01
23:24
2023
“The outlook for Howmet Aerospace continues to be strong and supported by the extraordinary backlog of commercial aircraft orders at Airbus and Boeing,” stated CEO John Plant.
August 01
22:54
2023
Double-digit sales growth in aerospace and automotive revenues was partially offset by softer industrial markets.
August 01
20:31
2023
The first EiD is scheduled for March 12-14, 2024, in Nashville.
August 01
19:56
2023
“We expect stable underlying demand and continued strong margin and profitability performance through the balance of the year.”
August 01
14:27
2023
General Machinery will operate as a branch of Fastener Supply, with Michelle Hampton continuing as branch manager.
August 01
14:08
2023
Expansion serves customers in western Wisconsin and southeastern Minnesota.
July 30
22:52
2023
Given the relatively large size and weight of an EV motor, it’s important to consider how the fasteners used for its assembly can help design ambitions, explains EJOT UK Application Engineer David Piddock.
July 28
12:22
2023
When a buyer sends a quote request, the RFQ is syndicated to all the registered distributors or direct-selling manufacturers.
July 28
11:56
2023
Analysts remain optimistic about Howmet Aerospace’s future prospects, anticipating that the company will achieve an EPS of $1.71 for the current fiscal year.
July 27
23:45
2023
During the first six months of 2023, the FIN Fastener Stock Index grew 24%, more than doubling gains by an index of related industrial stocks.
July 27
23:30
2023
3D printed parts can minimize waste, streamline inventory management and contribute to a more sustainable automotive repair ecosystem.
