USA

Oil & Gas Downturn Affects Industrial Suppliers Too – Fastenerblog.net

Industrial Distribution magazine recently published an article by Mike Hockett, managing editor, that read “Oil Will Rebound to $70, but not until 2020”.   It goes on to explain that OPEC released its World Oil Outlook and it continued by ... [Read More]
2015/12/31

Patent Issued for Fastener (USPTO 9212676) | Equities.com

From the background information supplied by the inventors, news correspondents obtained the following quote: "FIG. 1 is a side view 100 of the prior art barbed plate 101. Barbs 102, 103 and 104 are shown protruding from plate 101. Barbs 102, 103 and ... [Read More]
2015/12/28

Southwest Airlines to pay US$2.8m in FAA lawsuit – Taipei Times

Southwest Airlines has agreed to pay US$2.8 million to settle a lawsuit by the federal government over fuselage repairs that a contractor performed on dozens of planes. The US Department of Justice on Monday said that Southwest also agreed to pay ... [Read More]
2015/12/28

Patent Issued for Method of Fastening a Captive Screw to a Panel (USPTO 9212683) – 4Traders

From the background information supplied by the inventors, news correspondents obtained the following quote: "This invention pertains generally to captive screw assemblies, and more particularly, to the installation and removal of captive screw ... [Read More]
2015/12/28

Delphi Automotive Closes Acquisition of HellermannTyton – December 22, 2015 – Zacks.com

Shares of Delphi Automotive PLC (DLPH - Analyst Report) gained 0.06% on Dec 18 after the company announced that it has completed the acquisition of HellermannTyton Group – a leading global manufacturer of cable management solutions – for ... [Read More]
2015/12/28

Boeing Hit With $12 Million Fine by FAA – BreakingFinanceNews

Boeing was involved in another violation when it delayed addressing fasteners that had been incorrectly shaped used on airlines, said the FAA. In September of 2008, Boeing discovered it was installing fasteners that were incorrect in its 777 ... [Read More]
2015/12/25

Hydrobolt’s 25% Cr Super Duplex Fasteners Now Approved by Exxonmobil | Fastener World

        Hydrobolt has been Exxonmobil approved to supply petrochemical grade studbolts for nearly 10 years, but over the last few months, Hydrobolt has worked closely with the metallurgists at Exxonmobil in the USA, ... [Read More]
2015/12/23

FIN Survey – Global Fastener News – USA

The FIN Survey has monitored fastener sales, profits, prices, margins, turnovers, inventory and pay raises for more than three decades.   (...) via 2014 FIN Survey - Global Fastener News - USA. [Read More]
2015/12/22

Monomoy Capital Partners Portfolio Company ContMid Holdings Completes Successful Recapitalization – Press Release – Digital Journal

Monomoy Capital Partners, a private equity firm focused on deep value investing and operational improvement in the lower middle market, announced today that its portfolio company, ContMid Holdings, Inc., completed a successful recapitalization with ... [Read More]
2015/12/21

Alcoa Signs $2.5b Boeing Deals for Fasteners – Global Fastener News – USA

Alcoa announced long-term supply contracts with Boeing valued at over $2.5 billion. Alcoa will supply multi-material fastening systems for every Boeing platform in its largest fastener deal ever. Alcoa also will supply ready-to-install titanium seat ... [Read More]
2015/12/18