Global Fastener News

Tag "aerospace"

Arconic Fastener Operations To Become Howmet Aerospace

September 03
00:39 2019
    Arconic Fastener Operations To Become Howmet Aerospace

In the months following the demise of a $10 billion buyout, Arconic and its new leadership team, including former TRW Automotive CEO John Plant, have “taken decisive steps to bring down costs and improve operations, which has led to improved quarterly results and a recovering stock that today trades above the rumored buyout price,” according to the Motley Fool.

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Arconic Reports Fastener Revenue Growth

August 06
21:02 2019

Arconic said it remains on track to separate its portfolio businesses by the fourth quarter of 2019, with EP&S (engine components, fastening systems, and engineered structures) and forged aluminum wheels to be named Howmet Aerospace Inc.

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Enduralock Wins NASA iTech Competition

August 05
05:41 2019
    Enduralock Wins NASA iTech Competition

Based in Lenexa, KS, Enduralock designs fasteners that are highly vibration resistant and provide a permanent lock, yet they are able to be fully reversed and reused with standard tooling.

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TriMas Reports Improved Fastener Demand

July 31
16:44 2019

“Steady demand levels for fastener products and improved production throughput” drive gains in sales and profit.

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Click Bond Names VP of Quality Assurance

July 15
10:26 2019
    Click Bond Names VP of Quality Assurance

Varela brings 29 years of management experience in QA and operations to her position, including most recently as quality manager for Arconic Global Fastening Systems & Rings.

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TriMas Awarded Two Fastener Contracts

July 10
18:58 2019

CEO: “Both Safran and Sonaca are key aerospace Tier 1 suppliers, and are major users of blind fasteners of which TriMas Aerospace is a market leader.”

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French Aerospace Fastener Supplier To Locate in Charleston

June 19
11:53 2019

“The availability of skilled workforce and proximity to Boeing were important factors in our decision to select this strategic location,” said executive VP Francoise Montsarrat.

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TriMas Fastener Sales Improve

April 30
20:12 2019

Segment operating profit rose 25% due to improved production efficiencies and a more favorable product sales mix.

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Arconic Fastener Sales Grow

April 29
16:42 2019

Organic fastener segment revenue grew 7%, driven by aero engine and defense growth.

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Arconic Reports 8% Sales Growth

March 04
16:42 2019

Arconic has commenced plans to reduce operating costs by approximately $200 million on an annual run-rate basis.

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Wesco Aircraft Sales & Profit Improve

March 04
15:23 2019

“Long-term contracts were higher, primarily due to higher chemical pass-through revenue and related service fees, while hardware volume increased at a lesser pace,” the company stated.

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TriMas Aerospace Segment Sales Rise

February 28
15:07 2019

Revenue increased “due to higher demand levels for more complex fasteners.”

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KLX Helps Boeing Respond Faster While Cutting Costs

November 08
21:19 2018
    KLX Helps Boeing Respond Faster While Cutting Costs

“Before acquiring KLX, Boeing was starting to invest in ways to be more integrated with customers’ parts stocking operations as a step to achieve this,” writes Lee Ann Shay of MRO-Network.com. “KLX already is doing that by being integrated in customers’ shop floors day to day through its bin stocking programs for OEMs, airlines and MRO.”

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TriMas Fastener Sales Edge Up

November 01
10:49 2018

“Increased demand more than offset the impact of the decision to exit less profitable machined components.”

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Report: Arconic Mulling Private Takeover

August 07
18:48 2018
    Report: Arconic Mulling Private Takeover

If a deal is reached, Arconic would become the second major aerospace fastener supplier to be acquired in recent months.

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Arconic Fastener Sales Grow

August 01
00:02 2018

Organic revenue was up 6%, “driven by volume growth in aerospace engines and defense.”

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Boeing To Acquire KLX For $4.25 Billion

May 08
03:16 2018
    Boeing To Acquire KLX For $4.25 Billion

“Our customers have long desired a supplier who could offer essentially 100 percent of their requirements for fasteners, consumables and expendables,” stated KLX CEO Amin Khoury.

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Fastener Segment Sales Rise at Arconic

April 30
14:03 2018

“Volume growth in aerospace engines, defense and industrial more than offset the continued downturn in the industrial gas turbine market and headwinds in aerospace airframe production mix, related to fastening systems.”

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TriMas Fastener Sales Edge Up

April 27
09:19 2018

“During the quarter, we captured increased end market demand through our refocused commercial efforts,” stated CEO Thomas Amato.

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TriMas Aerospace Sales Rise

February 28
13:05 2018
    TriMas Aerospace Sales Rise

Overall TriMas sales increased 3% to $817.7 million in 2017, with operating profit growing to $88.5 million.

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