Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

Sherex opens first European office | Fastener + Fixing Magazine

 Sherex Fastening Solutions LLC, a global leader in engineered fasteners, tooling, and automation, has opened its first office in Europe. via Sherex opens first European office | Fastener + Fixing Magazine. [Read More]
2019/11/29

Bulten – Bulten inaugurates new factory in Tianjin and strengthens its platform in China

 Bulten has inaugurated its new factory in Tianjin for production of high quality fasteners to the automotive industry in China. With the establishment of the new business, Bulten has strengthened its position as an international supplier of fastener ... [Read More]
2019/11/27

Agrati invests $4 million in Ohio threaded-nut facility | Fastener Engineering

 Italy’s Agrati Group, a global manufacturer of automotive fasteners, recently completed a $4 million investment in industrial machinery and equipment at its Tiffin, Ohio plant. The project took place throughout calendar year 2019, follows a $1.6 ... [Read More]
2019/11/27

Fastenal Adds Warehouse and Assembly Addition | ASSEMBLY

 WEST BURLINGTON, IA—Fastenal has expanded its footprint with a 5,000 square foot warehouse and assembly area addition. The increased footage will permit the supplier of nuts, bolts and related equipment, to efficiently meet the rapidly evolving ... [Read More]
2019/11/26

Investments: New logistics centre opened in France | Böllhoff

 In September 2019, the Böllhoff Group opened a new logistics centre in the Alpespace industrial estate in Sainte‑Hélène‑du‑Lac, France.(...) via Investments: New logistics centre opened in France | Böllhoff. [Read More]
2019/11/22

Fastenal to build new offices in Winona, MN | Fastener Engineering

 Fastenal is developing an office project in downtown Winona, MN, its headquarters city, with space for approximately 400 to 600 company employees. The project is being done in partnership with Opportunity Winona, a public-private partnership focused ... [Read More]
2019/11/21

Bufab opens new sourcing office in Ningbo, China | Torque-Expo

 Bufab has significantly enlarged its investment in China in terms of sourcing, with the opening of a Sourcing Office – Bufab Supplier Chain Management (Ningbo) Co Ltd – earlier this month (5 November 2019).(...) via Bufab opens new sourcing ... [Read More]
2019/11/19

Anixter agrees private equity acquisition | Fastener + Fixing Magazine

 Anixter International Inc has agreed to be acquired by an affiliate of private equity firm Clayton, Dubilier & Rice LLC (CD&R) in an all cash transaction valued at US$3.8 billion (€3.4 billion). The transaction will take Anixter private ... [Read More]
2019/11/19

Investing in the future | Fastener + Fixing Magazine

 Böllhoff Group is coming to the end of a three year large-scale €172 million investment package into its infrastructure, with the aim to prepare the Group for future growth opportunities. Editor Will Lowry visited the Group’s headquarters in ... [Read More]
2019/11/14

British Steel to be sold to Jingye Group | Fastener + Fixing Magazine

 The Official Receiver confirmed that a sales contract has been entered into with Jingye Steel (UK) Ltd and Jingye Holding Ltd to acquire the business and assets of British Steel Limited.(...) via British Steel to be sold to Jingye Group | Fastener ... [Read More]
2019/11/11