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Century Fasteners Hires Botticelli

May 31
00:00 2023

Botticelli joins Century with over 30 years of executive leadership, business and sales development, and supply chain management experience in the aerospace, defense, industrial and commercial industries.

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Global Industrial Fasteners Market to Top $127b

May 29
23:14 2023
    Global Industrial Fasteners Market to Top $127b

Metal fasteners are projected to record 4.3% CAGR and reach US$112.4 billion by the end of 2030, while growth in the plastic segment is estimated at 5.8% CAGR.

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Würth Reports Record Sales

May 29
23:13 2023
    Würth Reports Record Sales

Germany accounted for 39.4% of sales. The companies outside Germany also posted a successful financial year with an increase in sales of 19.4%. Top performers included the U.S. and Europe.

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Economist to Pac-West: ‘Great Money’ in Next Years

May 29
22:56 2023
    Economist to Pac-West: ‘Great Money’ in Next Years

“There are no major structural imbalances in the economy,” Dr. Chris Thornberg declared. “Everybody has cash on hand.”

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AFC Industries M&A String Continues

May 29
21:11 2023
    AFC Industries M&A String Continues

“We have wanted Fastbolt as part of the AFC family for several years,” stated AFC Industries CEO Kevin Godin.

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Bill Derry Marks 50 Years in Fasteners

May 29
18:26 2023
    Bill Derry Marks 50 Years in Fasteners

“Bill Derry lends the strategic direction that has played a significant role in Field’s 19% year-over-year growth for the past 30 years.”

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Special Rivets Corp. Opens Thailand Plant

May 25
19:42 2023

SRC aims for a monthly capacity of 100 million rivets for the Thailand plant, and planning to increase to 300 million pieces of rivets in the future.

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OBITUARY: Marc Somers

May 25
16:44 2023
    OBITUARY: Marc Somers

He was the youngest of three brothers who owned Mid-States Bolt and Screw Co. in Michigan.

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SENCO Unveils Global HQ in Cincinnati

May 25
12:56 2023
    SENCO Unveils Global HQ in Cincinnati

The renovation project in Cincinnati added 32,000 sq ft of new office space for business operations staff, including executive, sales, marketing and administrative teams.

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Boeing CEO Predicts Supply Chain Pressure

May 23
16:28 2023
    Boeing CEO Predicts Supply Chain Pressure

Boeing CEO Dave Calhoun said it could take until the end of 2024 to iron out supply chain problems hampering global jetliner production, Reuters reports.

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General Inspection Unveils VisionLab

May 23
15:51 2023
    General Inspection Unveils VisionLab

VisionLab can be used for first piece inspection, SPC sampling and final audits. It also performs 100% inspection using pick and place automation.

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Italian Coatings Firm Takes Control of Curtis Metal

May 23
12:58 2023
    Italian Coatings Firm Takes Control of Curtis Metal

Milan-based Primat will leverage its proprietary line-automating technology at Curtis to become a high-quality, low-cost supplier to automotive customers.

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Agrati CEO Elected EIFI President

May 22
15:43 2023
    Agrati CEO Elected EIFI President

It’s the first time a representative from the Italian fastener sector has led the European Industrial Fasteners Institute.

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Seredich to Pac-West: Firing Is ‘Easy Solution’

May 22
12:37 2023
    Seredich to Pac-West: Firing Is ‘Easy Solution’

Prepare the next generation to be innovative. “Promote active experimentation,” Seredich said. “Embrace failure, identify multiple solutions and avoid micromanaging.”

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DB Roberts Hires Senior VP

May 18
14:18 2023
    DB Roberts Hires Senior VP

David Peterson brings over 20 years of distribution experience and 12 years of fastener experience to DB Roberts, including years in the custom engineered and OEM fastener market.

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Nedschroef Machinery Selects India Distributor

May 18
13:46 2023

Nedschroef Machinery announced Kriti Tools as its distributor for machine sales and services in India due to its broad experience in the metal forming industry, Fastener + Fixing Magazine reports.

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FDI Headwinds Continue in April

May 17
16:48 2023
    FDI Headwinds Continue in April

“Slowing” was a consistent refrain in distributor responses as a normalizing supply chain brought lower pricing and margin pressure.

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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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