Daily Fasteners and Fixings News by Bazibaza

North America

Anixter International Profit Soars 146% To $31.5 Million (AXE) | Benzinga.com

Glenview, Illinois-based Anixter International Inc. (NYSE: AXE) on Tuesday morning released financial results that beat Wall Street expectations. Anixter International Inc. (NYSE: AXE) reported that its 4th quarter net income surged 146% to $31.5 ... [Read More]

2011/02/01

Alcoa to buy TransDigm’s fastener unit for $240 million | Reuters

(Reuters) - Alcoa, the largest U.S. aluminum producer, will buy TransDigm Group's fastener business for about $240 million to expand its presence in the aerospace market where demand for the metal is expected to grow rapidly. Earlier this month, ... [Read More]

2011/01/31

Acument Global Technologies is up and running in its Fenton facility after receiving tax credits in December | MLive.com

FENTON, Michigan — Ed Oldaugh is reinventing himself — and so is his employer.Oldaugh, 41, of Genesee found himself out of work when his employer of almost 20 years, Acument Global Technologies in Fenton, closed in 2009 because of the poor ... [Read More]

2011/01/31

European & American Fastener Companies Sales Report for 2010 | Chinafastener.com

Fastener Segment ATOI Jumps at Alcoa Alcoa reported sales at its Engineered Products and Solutions segment, including Alcoa Fastening Systems, declined 2.2% to $4.58 billion in 2010, despite an 11% sales increase to $1.21 billion during the final ... [Read More]

2011/01/30

Buy American’s Industrial Process Equipment Guide Adds Nearly 40 Approved Mfgs. | American Fastener Journal

Posted Date: 01/29/2011 The trade portal designed to market U.S. manufacturers launches 2 new sites focusing on industrial process systems & equipment. Buy American, a social networking-type of B-to-B portal intended for the U.S. manufac... [Read More]

2011/01/29

Fastenal Has Opened an Industrial and Construction Supply Store in Simi Valley – PR.com

Fastenal sells nearly one million industrial and construction products (including 410,000 different types of fasteners) spanning 17 product lines Simi Valley, CA, January 29, 2011 --(PR.com)-- Fastenal, North America’s largest fastener distri... [Read More]

2011/01/27

A Raymond Tinnerman Plans Kentucky Plant Expansion | PRNEWSWIRE

ROCHESTER HILLS, Mich., Jan. 26, 2011 /PRNewswire/ -- A Raymond Tinnerman, a leading global supplier of automotive fastening, is expanding its manufacturing operations in Kentucky. The company plans to add more than 25 new jobs and invest ... [Read More]

2011/01/26

Hillman Group building sold for $16.5M | American Fastener Journal

Posted Date: 01/23/2011 Angelo, Gordon & Co. purchased the Forest Park, Cincinnati, Ohio industrial building occupied by the the Hillman Group for $16.5 million. The 335,700-square-foot building, located at 1700 Carillon Blvd., is 100 ... [Read More]

2011/01/23

Manufacturing Growth Forecasted for 2011 Capital Expenditures to Increase by 14.5% | Fastener World Inc.

2011/01/21 The U.S. manufacturing sector will grow in 2011, with manufacturing revenue increasing by 5.6% according to the Institute for Supply Management (ISM) semi-annual forecast. The 16 manufacturing industries expecting improvement over 2010 ... [Read More]

2011/01/21

Columbus Fastener Expo Adds More Companies to Growing List: Announces Metric Fasteners Corporation Warehouse Tour as New Event | The National Industrial Fastener Shows

01/17/2011 The National Industrial Fastener & Mill Supply Expo scheduled for April 26-27, 2011 at the Greater Columbus Convention Center, Columbus, Ohio has grown to 43 companies and 46 booths with the recent addition of Activant Solutions, ... [Read More]

2011/01/17