Globalfastenernews

Globalfastenernews

EU Retaliates Against 232 Measures with Fastener Tariffs | Global Fastener News

News that the European Union will apply 25% “rebalancing” tariffs on a range of products imported from the U.S., including seven categories of fasteners, comes amid reports that the U.S. Commerce Department is scrambling to assemble a team to ... [Read More]
2018/06/22

Optimas Acquires Circle Bolt & Nut | Global Fastener News

Founded in 1979, Circle Bolt supplies standard fasteners and custom specialty fasteners, as well as vendor managed inventory, for OEMs and MROs.(...) via Optimas Acquires Circle Bolt & Nut | Global Fastener News [Read More]
2018/06/20

Hagan: 2017 Ties 2016 As Top Acquisition Years | Global Fastener News

“With so many significant fastener deals completed during 2017, it was not easy selecting the ‘Top Ten’,” Pinnacle Capital CEO Richard Hagan observed in the 20th annual edition of Hagan’s Top Ten Deals of the Year.(...) via Hagan: ... [Read More]
2018/06/19

301 Tariffs May Apply 25% Duty to “All” Nuts | Global Fastener News

Currently all nuts (HS code73181600), including inch, metric, and locking nuts, are on the list of goods that will receive the 25% duty announced by the White House.(...) via 301 Tariffs May Apply 25% Duty to “All” Nuts | Global Fastener ... [Read More]
2018/06/15

Fastener Sales Gains Widespread in 2017 | Global Fastener News

Nearly every public company with fastener holdings reported sales and profit gains in 2017, according to the End of 2017 FIN Review of Fastener Stocks(...). via Fastener Sales Gains Widespread in 2017 | Global Fastener News [Read More]
2018/06/15

MWFA Panelists: No Chance Fastener Prices Going Down | Global Fastener News

“Panic buying” among problems Kerr, Cincinello, Herbst and Hunt discuss at Mid-West Fastener Association meeting.(...) via MWFA Panelists: No Chance Fastener Prices Going Down | Global Fastener News [Read More]
2018/06/08

Trump Metals Tariffs Hit Allies | Global Fastener News

“Raw material prices and lead times were already increasing (25% – 40%),” the Industrial Fasteners Institute’s Washington representative Jennifer Baker Reid told GlobalFastenerNews.com. “This will make matters worse.”(...) via Trump ... [Read More]
2018/06/04

A Tale of Two Companies | Global Fastener News

In May, Boeing agreed to acquire aerospace fastener supplier KLX’s Aerospace Solutions Group, for $4.25 billion. Just a few years ago, that could easily have been Wesco Aircraft.(...)   via A Tale of Two Companies | Global Fastener News [Read More]
2018/05/25

2000 FIN – Book Review: Historical Search for The Father of the Screw | Global Fastener News

November 10, 2000 FIN – The New York Times asked author Witold Rybczynski to write an essay on “the best tool of the millennium.” Rybczynski was less than thrilled with the freelance opportunity. “I am a bit let down. The best tool is ... [Read More]
2018/05/18

SFA Panel: U.S. Tariffs 
Hiking Steel Prices | Global Fastener News

Southwestern Fastener Association panelists agreed U.S. steel and aluminum tariffs are not creating jobs – just price increases.(...) via SFA Panel: U.S. Tariffs 
Hiking Steel Prices | Global Fastener News [Read More]
2018/05/15