The acquisition of Cline Tool is the 13th acquisition under the current AFC management team and the first since recapitalizing with Bertram Capital Management.
John Brown has been with BBI for 20 years.
While lead times rose in 2020 before the Covid-19 pandemic, Hydrian Inventory Optimization CEO Josh Bartel termed today’s high demand and longer lead times as a “Covid double whammy.”
Nucor Fastener acquired “an existing state-of-the-art coil processing facility” in Indiana that includes an automated clean and coat line, two STC furnaces and wire drawing capabilities, as well as bolt making equipment.
Attendee traffic may have been thin, but fewer exhibitors helped the 40th International Fastener Expo in Las Vegas feel less empty.
Twice a manufacturer's rep, Rick Rudolph has been a manufacturer and distributor too.
O’Keefe, Hearn, Boyd & Rittner offer HR tips to the National Fastener Distributors Association.
Declining Fastener Distributor Index in August reflects “lower employment levels and a softer seasonally adjusted sales index,” according to R.W. Baird analyst David Manthey.
“Our goal is to maintain the strong Solution Industries brand in the market,” LindFast CEO Bill Niketas stated.
Two Ohio companies, Edward W. Daniel LLC and Cleveland City Forge, have merged.
Dentist Kianor Shah started Universal Fastening System based on ideas developed from needing to change angulation and eliminate stripping of fasteners in implant surgery.
“We will increase our efforts to capture new clients and new projects in North America – in sectors like marine, oil and gas, energy, defense, pulp and paper and construction.”
Arciuch’s experience includes general manager of PennEngineering’s largest plant in North America and director of lean manufacturing at Optimas Solutions.
Yarborough, of Spring Bolt & Nut Manufacturing in Houston, also is the current SFA president.
“In a market environment where ‘inventory is the new king,’ timing, efficiency, and organization have never been more critical.”
In addition to the trade show, Charlie Kerr of Kerr Lakeside, Nancy Rich of the Mid-West Fastener Association and Steve Andrasik of Brighton Best will be inducted into the International Fastener Expo Hall of Fame.
A portfolio company of Audax Group, Elgin Fastener Group is an integrated manufacturer based in Brecksville, OH.
They will be honored during the 40th annual IFE September 21-23 at the Mandalay Bay Convention Center in Las Vegas.
Fastenal Co. reported fastener sales continued to rise in August, jumping 18.9% during the month compared to a 7.3% decline during August 2020.
Founded in 1968, the NFDA “wanted a more modern look and feel to our logo, as our mission has evolved over time… Our rebrand keeps the historical roots of NFDA and offers connections with the next generation.”

