Globalfastenernews

Globalfastenernews

Lamborghini Eyes Fewer “Weighty Fasteners” – Global Fastener News – USA

Lamborghini's Advanced Composite Structures Laboratory is one of the only places outside of Boeing that can simulate lightning strikes, hail, birdstrikes, and engine failures, Automobile Magazine reports. The lab is under the careful tutelage ... [Read More]
2016/07/15

Trifast Eyes Electric Car Market for Growth – Global Fastener News – USA

Trifast says it is poised to profit from car makers’ forays into robotic vehicles, the Northern Echo reports. Trifast says automotive work accounts for more than 30% of the business’ global revenue, with the UK industrial fastener market ... [Read More]
2016/07/11

FINdex Makes Steady Gains During First Half – Global Fastener News – USA

The FIN Fastener Stock Index posted solid gains in the first six months of 2016, boosted by strong results from automotive and industrial fastener stocks. During the first six months of 2016, the FINdex rose 8.2%, compared to a 2.1% increase by ... [Read More]
2016/07/07

Fastener Margins Slim Despite Record U.S. Automotive Sales – Global Fastener News – USA

6/16/2016 FEATURE Fastener Margins Slim Despite Record U.S. Automotive Sales "U.S. car sales in 2015 jumped to a record, clearing a peak last reached 15 years ago as cheap gasoline, employment gains and low interest rates spurred Americans to ... [Read More]
2016/06/17

Industrial Fastener Stocks Decline in 2015 – Global Fastener News – USA

6/13/2016 2:15:00 AM FEATURE Industrial Fastener Stocks Decline in 2015 U.S. stocks closed lower in 2015, capping the worst year for the market since 2008. For public companies with industrial fastener businesses, the results were muted, ... [Read More]
2016/06/13

Hagan: Fastener Company Acquisitions Highest in 8 Years – Global Fastener News – USA

6/7/2016 12:41:00 AM FEATURE Hagan: Fastener Company Acquisitions Highest in 8 Years+ click to enlarge+ click to enlargeThere were 47 fastener company acquisitions in 2015 – the highest number in eight years, according to Richard Hagan of ... [Read More]
2016/06/08

U.S. Industrial Fasteners Demand to Top $15 Billion – Global Fastener News – USA

The U.S. market for industrial fasteners is expected to increase 2.6% per year to $15.2 billion in 2020, according to a new report by the Freedonia Group. "This will constitute a return to more sustainable growth levels for these relatively ... [Read More]
2016/05/31

U.S. Industrial Fasteners Demand to Top $15 Billion – Global Fastener News – USA

The U.S. market for industrial fasteners is expected to increase 2.6% per year to $15.2 billion in 2020, according to a new report by the Freedonia Group. "This will constitute a return to more sustainable growth levels for these relatively ... [Read More]
2016/05/27

Report: Amazon’s ‘Bolts and Beakers’ Business is Booming – Global Fastener News – USA

e-retailer Amazon is expanding its influence selling industrial and commercial supplies to companies, CNET reports. "After quietly building out Amazon Business, its marketplace catering specifically to enterprises large and small, the company... ... [Read More]
2016/05/25

Metals Service Center Calls for Steel Tariffs, Continuing China’s ‘Non-Market’ Status – Global Fastener News – USA

The Metals Service Center Institute called for additional tariffs on imported steel and imported steel containing products plus continuing China’s status as a “non-market” economy. (...) via Metals Service Center Calls for Steel ... [Read More]
2016/05/20