Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

KOLB Builds China JV Plant for Auto Fasteners | Fastener World Inc

 German fastener manufacturer KOLB, together with its two Chinese partners, has begun construction of a new plant in Handan, Hebei province, a local Chinese newspaper reported. The three parties, including Handan Tongda Machinery Co and Beijing ... [Read More]
2011/07/08

Schrauben-Mothes : Rettung in Sicht | RP ONLINE

 „Wir gehen davon aus, den Betrieb kurzfristig an einen Investor übergeben zu können“, sagte Brockhoff. Wer der Erwerber ist, wollte die Anwältin nicht mitteilen. In wenigen Tagen oder Wochen können man mehr Details bekanntgeben. Bis zur ... [Read More]
2011/07/08

2 Full Service Fastener Experts Join Forces – Facil acquires Flexalloy | Global Media News

 After 11 consecutive years of organic growth, on July 6th, FACIL opened a new chapter in the company’s history by acquiring another company. FACIL was established in 1999 as a strategic alliance between two global fastening experts: the German ... [Read More]
2011/07/06

Alcoa Obtient un Contrat Pluriannuel avec Airbus Portant sur la Fourniture de Solutions en Aluminium de Premier Plan | Business Wire

 Alcoa (NYSE:AA) a annoncé aujourd'hui avoir obtenu un nouveau contrat de fourniture pluriannuel avec Airbus. Le contrat porte sur la fourniture de tôles d'aluminium et de produits plats utilisant des alliages d'aluminium actuels et de génération ... [Read More]
2011/07/04

Chun Yu New Plant in China to Start Official Operation | Steel Guru

 Chun Yu, one of the major fasteners manufacturers in Taiwan has devoted to expand its production in China in these years. The company has set up its first China's spheroidized annealing wire plant in Anshan, Liaoning. In Chun Yu's first phase ... [Read More]
2011/07/03

Haiyan Mingyang: A Rapidly Growing Company Ready to Embrace Trading Opportunities | Chinafastener.info

 In 1985, a private-owned Wuxi Qianfeng Screw Factory was founded in Wuxi, Jiangsu Province as the associated company of a Shanghai state-owned company. Since its separation from the state-owned company, Wuxi Qianfeng has been independently receiving ... [Read More]
2011/06/30

Illinois Tool Revises 2Q Guidance To Reflect Pending Divestitures | WSJ.com

 Illinois Tool Works Inc. (ITW) adjusted its guidance for the second quarter and its current fiscal year to reflect the pending sales of its finishing group, consumer-packaging and electronics businesses and share buybacks ... Read the full Article ... [Read More]
2011/06/28

Powers Fasteners and Christy Associates join forces in Florida | Global Media News

 The addition of Christy Associates to the Powers Fasteners sales force will provide expanded sales and technical support to deliver the professional sales coverage needed for the new products from Powers Fasteners, ... Read the full Article via ... [Read More]
2011/06/27

Carpenter Technology to Acquire Latrobe | Carpenter

 WYOMISSING, Pa., Jun 20, 2011 BUSINESS WIRE -- Carpenter Technology Corporation NYSE: CRS and Latrobe Specialty Metals, Inc. today announced they have entered into a definitive merger agreement whereby Carpenter will acquire Latrobe in a transaction ... [Read More]
2011/06/20

Gores Group Buys Scovill Fasteners | Los Angeles Business from bizjournals

 Los Angeles private equity firm The Gores Group LLCbizWatch has entered into the final phases of buying Scovill Fasteners Inc., a 209-year-old button maker. Financial details weren’t disclosed, although a Wall Street Journal report ... via ... [Read More]
2011/06/17