Globalfastenernews

Globalfastenernews

Arconic Fastener Segment Sales & Profit Grow | Global Fastener News

Arconic reported revenue for its Engineered Products and Solutions (EP&S) segment – primarily aerospace fasteners – rose 2% to $1.5 billion. Adjusted EBITDA edged up 0.3% to $306 million, while adjusted EBITDA margin was 20.6%, down 40 basis ... [Read More]
2017/05/12

China Fastener Exports Top $4.5b in 2016 | Global Fastener News

China’s fastener exports reached 2.75 million tons during 2016, with the value totaling $4.54 billion, according to ChinaFastener.Info. The top five fastener export destinations were the U.S. (561,179,890 kg valued at $901 million);Japan ... [Read More]
2017/05/06

EU Fastener Leaders: Free Trade Must Be Fair | Global Fastener News

During Fastener Fair Stuttgart 2017, fastener leaders from the European Union expressed the need for global trade to be fair for everyone involved. EIFI’s Karlsson: Selling Screws Below Material Cost Not Fair Trade The European Industrial ... [Read More]
2017/05/05

Nucor Fastener Segment Sales Rise | Global Fastener News

Nucor Corp. reported Cold Finished Steel segment sales, including results from Nucor Fastener, rose 3% to 122,000 tons in the opening quarter of 2017. Consolidated net sales increased 22% to $4.82 billion in Q1 from $3.96 billion in the fourth ... [Read More]
2017/04/24

RivSmart Named ‘Top Fastener Technology Innovator’ | Global Fastener News

On the final day of Fastener Fair Stuttgart 2017, the editorial team of Fastener + Fixing Magazine named VVG – Befestigungstechnik GmbH & Co as the winner of the title ‘Fastener Technology Innovator 2017.’(...) Via RivSmart Named ‘Top ... [Read More]
2017/04/24

WINA Names Three to New Positions | Global Fastener News

Eric Wilk, former director of key accounts, will transition to managing director for Würth company Oliver H. Van Horn (OVH). Established in 1903, OVH was acquired by the Würth Group in 2010 and distributes industrial supply and machine tool ... [Read More]
2017/04/16

NEFDA Table Top Includes Technical Sessions | Global Fastener News

The Monday Table Top precedes the Tuesday/Wednesday NEFDA joint meeting with the National Fastener Distributors Association at the Omni Parker House in Boston.(...) via NEFDA Table Top Includes Technical Sessions | Global Fastener News [Read More]
2017/04/16

Broken Bolts Cause Rail Defects in U.S. | Global Fastener News

MEDIA SPOTLIGHT – When a freight train derailed in the Montana town of Culbertson, spilling 27,000 gallons of crude oil, investigators blamed the 2015 accident on defective or missing fasteners used to hold the tracks in place, according to the ... [Read More]
2017/04/16

FINdex Growth Slows in Opening Quarter of 2017 | Global Fastener News

After posting a 20% increase in 2016, the FINdex rose only 9.1% in the opening quarter of 2017, compared to an 5.1% gain by an index of related industrial stocks during the period. Arconic was the biggest winner in stock value during Q1. Overall ... [Read More]
2017/04/07

Mack Brooks Announces Fastener Fair USA | Global Fastener News

Show organizer Mack Brooks Exhibitions Group will conduct its first Fastener Fair USA in Ohio in 2018. UK-based Mack Brooks’ announcement indicates the new tradeshow will market more directly to OEM engineers, designers, buyers and R&D ... [Read More]
2017/03/31