Globalfastenernews

Globalfastenernews

U.S. Fastener Stock Companies Gather Steam – Global Fastener News – USA

Public companies with fastener holdings achieved favorable gains in the third quarter of 2013, with both revenues and profits showing strength amid strong aerospace and automotive demand. (...) via U.S. Fastener Stock Companies Gather Steam - ... [Read More]
2013/10/27

Brighton-Best Acquires Porteous Fastener – Global Fastener News – USA

Peggy Hsieh of Brighton-Best International announced the acquisition of Porteous Fastener Company. The deal has long been widely mentioned in the industry rumor mill.  Hsieh explained the companies did not comment previously because of ... [Read More]
2013/10/11

Domestic Fastener Tariffs In The News – Global Fastener News – USA

Recent tariff activity has focused on threaded rod, but at least one significant ruling affecting domestic fasteners was handed down in recent months.U.S. Cancels Review of 7 Chinese Threaded Rod Producers (...) via Domestic Fastener Tariffs In The ... [Read More]
2013/09/22

Fasteners A Domestic Bright Spot For Alcoa – Global Fastener News – USA

“Burdened by the high costs of producing metal and a global aluminum glut, Alcoa has been gradually reducing the making of raw aluminum in the U.S., including its namesake town. America's share of Alcoa's smelting capacity has declined to 30.5% ... [Read More]
2013/09/19

3D: The Next Big Thing in the Fastener Industry – Global Fastener News – USA

In 2007 A Raymond Tinnerman made a "significant investment" in its future. The company put together a team of engineers, led by Todd Hemingway and Jason Reznar, to explore an emerging technology: additive manufacturing. By 2008 the company had ... [Read More]
2013/09/12

European-Based Fastener Fair is Latest Fastener Trade Show in North America – Global Fastener News – USA

North American Fastener Trade Shows Through 2014 September 23, 2013 15th Metropolitan Fastener Distributors Association Table Top Wood Ridge, New Jersey The 15th Metropolitan Fastener Distributors Association Table Top trade show will be 2 ... [Read More]
2013/08/05

Fastener Stocks Show Uptick in Demand – Global Fastener News – USA

PCC Fastener Sales See Double-Digit Jump Fastener plants are supplying at an average pace of approximately five shipsets per month. ITW Automotive Fastener Segment Leads Company Growth Automotive OEM segment increases outpaced global auto build ... [Read More]
2013/07/26

The Future of Elgin Fastener Group – Global Fastener News – USA

After two high-profile company acquisitions this spring, Elgin Fastener Group LLC's CEO Jeff Liter has a clear goal: "Our strategy is to be the #1 domestic fastener manufacturer in the industrial space." In an interview with GlobalFastenerNews... [Read More]
2013/07/23

FDI Sees ‘Sluggish-But-Positive Growth’ – Global Fastener News – USA

The BB&T Capital Markets Fastener Distributor Index (FDI) edged down to 51.3 in June from 52.4 in May. "As in the last few months, the FDI changed technically (worse) but not substantively. June's 51.3 was a bit worse than May's 52.4, but ... [Read More]
2013/07/11

ITC Opens Threaded Rod Investigation – Global Fastener News – USA

The U.S. International Trade Commission announced preliminary antidumping and countervailing duty investigations (Nos. 701–TA–498 and 731–TA–1213–1214) on imports from India and Thailand of certain steel threaded rod. These investigat... [Read More]
2013/07/08