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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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NIST Names ZAGO A ‘Hero’ U.S. Manufacturer

May 01
15:53 2023
    NIST Names ZAGO A ‘Hero’ U.S. Manufacturer

“What makes our company unique is that we are a sustainable company creating a product that makes other companies more sustainable,” Gail Friedberg Rottenstrich, co-founder and CEO of ZAGO, a woman-owned business.

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Fastener Supplier Upgrades Delivery System

May 01
00:35 2023
    Fastener Supplier Upgrades Delivery System

Fastener distributor ICF has modernized its distribution center in Italy with an ‘all in one’ logistics solution from Mecalux, including a mini-load system, conveyors and the EasyWMS Warehouse Management Software, Fastener + Fixing Magazine reports.

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Trifast Optimistic After ‘Disappointing’ Year

April 28
15:56 2023

The UK-based fastener supplier highlighted its U.S. operation, which achieved 25% growth in the 12 months ended March 31.

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FINdex Rebounds As Global Supply Chains Improve

April 27
23:13 2023
    FINdex Rebounds As Global Supply Chains Improve

The FIN Fastener Stock Index jumped 17% in the opening quarter of 2023, topping a 3.5% gain by an index of related industrial stocks as global supply chains recover.

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NFDA Honors Vertullo As Fastener Pro of 2023

April 27
22:57 2023
    NFDA Honors Vertullo As Fastener Pro of 2023

In nominating Vertullo, fastener veteran John Butler cited “his years of devotion to the fastener industry through education, tribal knowledge, and generosity of time and materials.”

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REPORT: Bolt Torque Issues Force Boeing Changes

April 27
22:35 2023
    REPORT: Bolt Torque Issues Force Boeing Changes

Boeing recently found improperly torqued bolts in new-build 737 Max jets, indicating a quality problem similar to one revealed by the Federal Aviation Administration (FAA) on 23 March, FlightGlobal reports.

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Small Business Drives Grainger Growth

April 27
18:06 2023
    Small Business Drives Grainger Growth

“Both segments delivered strong growth and expanded margins, while we continued to invest in our growth engines and provide exceptional customer service,” stated CEO D.G. Macpherson.

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STAFDA Hires Social Media Manager

April 27
17:49 2023
    STAFDA Hires Social Media Manager

“We can't wait to see the fresh ideas she brings to our social media platforms. Welcome, Kat!” STAFDA stated on Twitter.

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