“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.”
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.
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.
NORMA also named Guido Grandi as CEO, replacing acting interim CEO Miguel Ángel López Borrego.
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.
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...
Automotive customer demand was “relatively steady... (while) there was continued softening in demand from non-automotive customers amid an uncertain economic future.”
“Severe weather conditions in certain parts of the West impacted a portion of volume.”
Fastener sales growth was approximately halved in April despite 21% growth in sales to manufacturing customers.
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.
Automotive fastening and assembly systems manufacturer adds temperature sensors to its thermal management offering for electric and hybrid vehicles.
Altenloh, Brinck & Co. US has named two experienced individuals to newly-created VP roles.
Double digit growth in aerospace and high-single digit growth in automotive partially offset by softer industrial markets.
With lightweighting issues and range anxiety still dominating the electric market, farm machinery manufacturers are reluctant to adopt EV technologies.
Manchester-based EAP will be combined with AFC’s European business, TFC, to strengthen its position as a technical engineering products provider.
Automotive OEM revenue, including fasteners, improved in the opening quarter of 2023, with operating income of $128 million and operating margin of 16.1%.
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.
Results boosted by the addition of SuperATV, new product launches and price increases to offset inflationary costs.
Demand “continues to be strong for commercial aerospace, with higher aircraft production rates underpinned by continued growth in air traffic,” stated CEO John Plant.
“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.

