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Globalfastenernews

Details of Allied Acquisition of Atlantic Fasteners Emerge – Global Fastener News – USA

The Applied Industrial Technologies acquisition of Atlantic Fasteners first reported by GlobalFastenerNews.com on Tuesday, August 4, begins major transitions for both companies. •  Applied has acquired dozens of companies in the past decade, ... [Read More]
2015/08/10

Lindstrom: Metric Intrigue Led to Founding Company – Global Fastener News – USA

The start of his career didn’t involve fasteners.  He got interested in fasteners because he was a young American intrigued by the metric system. After graduating from college with a degree in business and economics, Virgil W. Lindstrom was ... [Read More]
2015/08/04

Latest FIN Issue Now Online | Global Fastener News

The new FIN issue features big news from big-name companies, including Fastenal and Boeing.  Read about what boyhood curiosity led fastener industry veteran Virgil Lindstrom to start his company in 1972.  Plus, see the latest fastener import/exp... [Read More]
2015/07/31

33,000 Steel Bolts Replaced on New U.S. Embassy – Global Fastener News – USA

Steel bolts are being replaced on the top four floors of the new 12-story £650 million U.S. Embassy currently under construction in south London, the Construction (...)   via 33,000 Steel Bolts Replaced on New U.S. Embassy - Global ... [Read More]
2015/07/28

Fastener Industry Urged to Participate in 2015 Manufacturing Day – Global Fastener News – USA

The 4th annual Manufacturing Day will be Friday, October 2, 2015, and thus far 278 events are planned.Manufacturing Day is a “celebration of modern manufacturing meant to inspire the next generation of manufacturers,” according to the website ... [Read More]
2015/07/21

Globalization Regulates Fastener Finishing – Global Fastener News – USA

Longer product life, “invisible” finishes, friction control, more durability with less thickness and increased usage of nano-technology are the future of fastener finishes, Brian Lowry told the National Fastener Distributors Association. Lo... [Read More]
2015/07/14

U.S. Fastener Imports & Exports Fall for 2nd Straight Month – Global Fastener News – USA

7/8/2015 U.S. fastener imports and exports fell in May for the second straight month. U.S. fastener exports of iron and steel fasteners (HTS Code: 7318) declined 1% to $327.6 million in May, according to Zepol data analyzed by GlobalFastener... [Read More]
2015/07/08

Almjeld to NFDA: Driver Shortage to Up Trucking Costs – Global Fastener News

Be prepared for trucking rates increases as much as 35%, Chad Almjeld of Logistics Planning Services warned the National Fastener Distributors Association.(...) via Almjeld to NFDA: Driver Shortage to Up Trucking Costs - Global Fastener News - USA. [Read More]
2015/07/02

New Boeing CEO Cites Fasteners in Cost Savings – Global Fastener News

"As each 787 Dreamliner left the production line at Boeing’s Everett factory near Seattle in the first quarter of this year, $26m of the aircraft maker’s operating profit departed with it," reports the Financial Times. Reversing that trend is ... [Read More]
2015/06/30

STAFDA Associate Survey: 2014 Sales Up 14%; A Majority Projecting 2015 Increase – Global Fastener News

Associate members of the Specialty Tools & Fasteners Distributors Association reported sales rose 14% over 2013 and prices were up 2.5%, according to a biennial survey. A majority of members are projecting 2015 sales will increase 6% over ... [Read More]
2015/06/21