Globalfastenernews

Globalfastenernews

Wrentham Tool Names New Sales Manager | Global Fastener News

Wrentham Tool Group promoted Jessica Smith to sales manager. Smith has been with WTG for three years and in sales and customer service for 30 years. She will continue her marketing and advertising administrator duties.(...) via Wrentham Tool Names ... [Read More]
2017/08/16

July FDI Decelerates Amid Moderating Sales | Global Fastener News

The seasonally-adjusted July FDI (55.1) ticked down from June’s strong 60.8 reading, “mainly driven by a slight moderation in sales momentum relative to a record June,” writes R.W. Baird analyst David Manthey.(...) via July FDI Decelerates ... [Read More]
2017/08/14

Hotel Options Within A Mile of NIFMSE in Las Vegas | Global Fastener News

The National Industrial Fastener & Mill Supply Expo moves to a new venue for 2017: The Las Vegas Convention Center. The 37th annual trade show will be October 17-19, 2017. Located at Paradise Road and East Desert Inn Rd., LVCC is 1.4 miles ... [Read More]
2017/08/14

Fastener Success Accelerates at Fastenal | Global Fastener News

Fastenal Co. reported fastener sales jumped 11.8% in July, continuing the company’s fastener success that began in February, when Fastenal said fastener sales improved 1.5% – marking the company’s first uptick in fastener sales since the third ... [Read More]
2017/08/10

Fastener Success Accelerates at Fastenal | Global Fastener News

Fastenal Co. reported fastener sales jumped 11.8% in July, continuing the company’s fastener success that began in February, when Fastenal said fastener sales improved 1.5% – marking the company’s first uptick in fastener sales since the third ... [Read More]
2017/08/08

Bulten Signs “Breakthrough” U.S. Automotive Contract | Global Fastener News

Bulten signed a contract to supply fasteners to a “major vehicle manufacturer” in the U.S. The deal was conducted through its U.S. joint venture Ram-Bul. The annual order value is approximately $ 5.5 million, with a delivery value of $5 ... [Read More]
2017/08/04

Motor City Industrial Names New CEO | Global Fastener News

Motor City Industrial named Joe Stephens as CEO, Modern Distribution Management reports. Stephens oversaw Motor City Industrial’s February acquisition of EMCO, a Charlotte, NC-based industrial distribution and service business. The deal doubled ... [Read More]
2017/08/01

EFDA Explains Modern Fastener Distribution | Global Fastener News

The European Fastener Distributor Association (EFDA) published “Securing the Future,” a sixteen-page insight into European fastener distribution in the 21st century, Fastener + Fixing Magazine reports. The document aims to provide a deeper ... [Read More]
2017/07/21

Bisco Industries Reports Rising Revenue | Global Fastener News

Bisco Industries reported revenue, including fasteners, grew 1% to $40.3 million in the third quarter of fiscal 2017, which ended May 31. Operating income fell 23% to $1.9 million, with net income declining 21% to $1.3 million and gross margin was ... [Read More]
2017/07/18

NIFMSE Early Registration Discount Ends July 15 | Global Fastener News

Early registration for the 37th annual 2017 National Industrial Fastener & Mill Supply Expo ends July 15. The trade show will be October 17-19, 2017, at a new location:Las Vegas Convention Center. Conferences and the opening reception will be ... [Read More]
2017/07/10