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Würth Group Releases 2020-22 Sustainability Report

May 17
13:39 2023
    Würth Group Releases 2020-22 Sustainability Report

“Until now, the world has proven to be a wonderful spaceship for humanity, and it will continue to do so for a while to come,” stated chairman Reinhold Würth. “Nevertheless, we must not take sustainability lightly when protecting our planet.”

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BUMAX Fasteners on ISS Payload Granular Sound

May 16
16:02 2023
    BUMAX Fasteners on ISS Payload Granular Sound

BUMAX model 88 fasteners have been selected to securely fasten the housing of a new payload on the International Space Station (ISS) called Granular Sound.

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Nedschroef Machinery Plans China JV

May 16
15:27 2023
    Nedschroef Machinery Plans China JV

Nedschroef expects that sales and services outside Europe will exceed 65% of the total sales by 2030, prompting the Belgian company to pursue the East Asia market.

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NORMA Group Sees Double-Digit Growth

May 15
22:43 2023
    NORMA Group Sees Double-Digit Growth

NORMA also named Guido Grandi as CEO, replacing acting interim CEO Miguel Ángel López Borrego.

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5th Fastener Fair USA Opens in Nashville

May 15
02:14 2023
    5th Fastener Fair USA Opens in Nashville

The trade show – featuring 229 exhibiting companies – will be Tuesday and Wednesday and includes an opening reception at the Country Music Hall of Fame & Museum.

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Packer Fastener Celebrates 25 Years

May 10
13:44 2023
    Packer Fastener Celebrates 25 Years

Packer Fastener is marking the 25th anniversary of its founding in Wisconsin. The Green Bay-based threaded fastener and industrial supply distributor was founded on May 4, 1998, when “three fastener...

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Chicago Rivet Q1 Sales Decline

May 10
12:15 2023

Automotive customer demand was “relatively steady... (while) there was continued softening in demand from non-automotive customers amid an uncertain economic future.”

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Hillman Solutions Q1 Sales Decline

May 10
10:11 2023

“Severe weather conditions in certain parts of the West impacted a portion of volume.”

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Fastenal Fastener Sales Continue to Slow

May 09
12:24 2023
    Fastenal Fastener Sales Continue to Slow

Fastener sales growth was approximately halved in April despite 21% growth in sales to manufacturing customers.

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Park-Ohio Reports ‘Strong’ Q1 Results

May 05
20:15 2023

Park-Ohio Holdings Corp. reported sales in its fastener manufacturing business grew in the opening quarter of 2023, driven by higher customer demand for its proprietary products.

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ARaymond Offers EV Thermal Sensors

May 05
18:39 2023
    ARaymond Offers EV Thermal Sensors

Automotive fastening and assembly systems manufacturer adds temperature sensors to its thermal management offering for electric and hybrid vehicles.

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SPAX/TRUFAST Manufacturer Names VPs

May 04
15:53 2023
    SPAX/TRUFAST Manufacturer Names VPs

Altenloh, Brinck & Co. US has named two experienced individuals to newly-created VP roles.

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Stanley Engineered Fastening Reports Organic Growth

May 04
12:40 2023
    Stanley Engineered Fastening Reports Organic Growth

Double digit growth in aerospace and high-single digit growth in automotive partially offset by softer industrial markets.

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Hydrogen-Powered Tractors Lead Eco Upgrades

May 03
19:50 2023
    Hydrogen-Powered Tractors Lead Eco Upgrades

With lightweighting issues and range anxiety still dominating the electric market, farm machinery manufacturers are reluctant to adopt EV technologies.

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AFC Acquires UK-based EAP International

May 03
12:34 2023
    AFC Acquires UK-based EAP International

Manchester-based EAP will be combined with AFC’s European business, TFC, to strengthen its position as a technical engineering products provider.

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ITW Fastener Sales Increase on Organic Growth

May 02
16:16 2023

Automotive OEM revenue, including fasteners, improved in the opening quarter of 2023, with operating income of $128 million and operating margin of 16.1%.

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Diablo/Freud’s Kohl to Speak at 2023 STAFDA

May 02
15:47 2023
    Diablo/Freud’s Kohl to Speak at 2023 STAFDA

Founded in 1960, Diablo and Freud supply aline of power tool accessories, including saw blades, router bits, recip blades, shaper cutters, SDS-Plus and SDS-Max hammer drill bits and bonded abrasives.

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Dorman Products Sales Grow on Price Gains

May 02
15:36 2023

Results boosted by the addition of SuperATV, new product launches and price increases to offset inflationary costs.

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Howmet Fastener Sales Rise On Commercial Strength

May 02
12:47 2023
    Howmet Fastener Sales Rise On Commercial Strength

Demand “continues to be strong for commercial aerospace, with higher aircraft production rates underpinned by continued growth in air traffic,” stated CEO John Plant.

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Huyett Adds McCall & Rudolph Assoc.

May 02
01:54 2023

“These recent hires reflect our continuing effort to get closer to our customers in the field and support our distributors developing their business, at the point of use and place of assembly or manufacture,” stated CEO Timothy O’Keeffe.

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