Richards Heads WAI John Wolz David Richards of RichardsApex, Inc. is the new president of the Wire Association International. Richards is vice president of international administration and materials manager for
Barnicle Returns to e-fastener.com John Wolz John Barnicle has returned to handle day-to-day operations at e-fastener.com E-fastener.com was founded by Barnicle and Greg Fields and was sold to Partini.com. After
Fastenal 2002 Sales Up 10.7%; Earnings Up 7.7% John Wolz Fastenal Company announced net sales increased 10.7% to $905,438,000 for 2002 and net earnings rose 7.7% to $75,542,000. Net sales
GE Q4 Earnings Plummet John Wolz General Electric Co. earnings fell 21% to $3.1 billion in the fourth quarter of 2002, despite revenue rising nearly 4% to $35.4 billion. During
Porteous Appoints Sawtell Jason Sandefur Porteous Fastener Co. appointed Dick Sawtell to director of mill sales, senior vice president of sales Jay Hebert announced. Sawtell has 37 years of fastener
Barnes Acquires Kar Products John Wolz Barnes Group Inc. announced an agreement to acquire MRO distributor Kar Products. Kar will become a part of Barnes Distribution Barnes CEO Edmund Carpenter
PCC Sales Drop; Reed-Rico/India Kadimi JV Strong John Wolz The industrial products segment of Precision Castparts Corporation posted a 6.3% sales gain while the parent company reported sales dropped 18.4%
Alcoa Not Cutting Fastener Jobs John Wolz Alcoa Inc. added the word “commodity” to narrow the scope of its planned
G.L. Huyett Names Bell Jason Sandefur G.L. Huyett promoted Chris Bell to inside sales manager, announced vice president Timothy O�Keeffe.
Fastar Acquires Tufts’ Pins Assets John Wolz Fastar Inc. acquired the pin assets of Lawrence Tufts Company In., Fastar president
Answer the FIN Survey John Wolz The questionnaire for the annual FIN Survey of the Fastener Industry is inserted with
PERSPECTIVE: 2002 Quips of the Year John Wolz Panelist Jim Reutz was explaining to fellow National Fastener Distributor Association members
McCleave: Sell Advantage, Not Just Products John Wolz Consultant Bill McCleave Jr. advised distributors to ask themselves: �Am I selling
FASTENERS ON THE INTERNET: Spaenaur Jason Sandefur Spaenaur Inc. launched a new website featuring an electronic catalog with 70,000 products.
Trends: More Engineering Coming John Wolz Editor�s Note: The Fastener Industry Trends Breakfast at the National Industrial Fastener Show/West drew
SHOW NEWS: European Practical World Scheduled March 9-12 John Wolz Practical World � formerly the International Hardware Fair/DIY Tec �
SHOW NEWS: New Orlando Show Adds Booth Space John Wolz Fifty booths have been added to the original 200 at
Jason Sandefur Endries Buys Interstate � Fastener Endries International purchased Interstate � Fastener Division, formerly Schlafer Supply Inc., from Interstate
STOCKS: Fastenal, Paulin, Textron, Fairchild John Wolz Fastenal Listed on NASDAQ 100Fastenal Company has rejoined the NASDAQ 100 Index. Effective

