Globalfastenernews

Globalfastenernews

Derry: Write Down Goals to Increase Odds of Success | Global Fastener News

“Write down your goals and plans,” Bill Derry said in his acceptance speech as into the International Fastener Expo Hall of Fame. “Quantify your goals with a time frame,” he added. Less than 5% of people have written goals, but “over 80% ... [Read More]
2017/10/24

Grainger Reports Modest Sales Growth | Global Fastener News

Grainger reported sales, including fasteners, grew 2% to $2.63 billion in the third quarter of 2017. Operating earnings fell 13% to $281 million, driven by lower gross profit due to strategic pricing initiatives. Q3 net earnings dropped 13% to $162 ... [Read More]
2017/10/19

Manufacturing Day 2017 | Global Fastener News

The American Society of Mechanical Engineers announced it is joining with companies, students, professional business associations and government leaders from around the nation to celebrate Manufacturing Day – Friday, October 6, 2017.(...) via ... [Read More]
2017/10/09

Q3 Fastener Stocks Rebound | Global Fastener News

The FIN Fastener Stock Index regained momentum in the third first half of 2017, increasing 2.3% during the period. That compares to a 4.7% increase by an index of related industrial stocks during the first nine months of the year. Fastener stocks ... [Read More]
2017/10/09

Modern Plating Starts $6 Million Expansion | Global Fastener News

Modern Plating Corp. recently broke ground on a new $6 million addition to the company’s facility in Freeport, IL, WIFR reports. The 26,000 sq ft space will house a plating line, creating 12 jobs for the company.(...) via Modern Plating Starts ... [Read More]
2017/09/18

August FDI Accelerates Amid ‘Positive’ Market Trends | Global Fastener News

The Fastener Distributor Index for August reached 62.7, driven “mainly by improved sales trends,” writes R.W. Baird analyst David Manthey. “In the August survey, 70% of respondents indicated sales were “better” relative to seasonal ... [Read More]
2017/09/15

Vertullo At Pac-West: Fastener 
Lessons Not Learned | Global Fastener News

What is the state of the fastener industry? “I see us doing things that we thought would have gone away ten years ago” with today’s training and access to information, noted Carmen Vertullo of Carver Consulting in El Cajon, CA. “It comes ... [Read More]
2017/09/11

Shepco BMA Fasteners Eyes 40% Capacity | Global Fastener News

Shepco BMA Fasteners seeks to increase capacity utilization by 19.3% by December as it continues consolidating its market share, NewsDay Zimbabwe reports. Shepco BMA Fasteners sales and marketing manager Norman Magada said the firm wants to push ... [Read More]
2017/09/07

Chavis, McCaffrey Re-Elected to Lead Pac-West | Global Fastener News

Kevin Chavis of Star Stainless Screw was re-elected president of the Pacific-West Fastener Association for a third term. Chris McCaffrey of R&D Fasteners was re-elected vice president.(...) via Chavis, McCaffrey Re-Elected to Lead Pac-West | ... [Read More]
2017/08/28

Japanese Nitto Seiko Opens R&D Center in Kyoto | Global Fastener News

Japanese fastener and automated assembly machine manufacturer Nitto Seiko established an R&D facility in Kyoto within the Advanced Chemical Technology Center in Kyoto (ACT Kyoto), Fastener World reports. “The company has been investing in ... [Read More]
2017/08/22