Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

Lapeer tries to lure deals north | Crain’s Detroit Business | #fasteners Kamax

 Another victory came from Kamax, a German maker of engine fasteners, which grew beyond its Troy office in 2011 with a 139000-square-foot expansion in Lapeer Township, adding to 240000 square feet already there. The company's employee count of 228 in ... [Read More]
2011/10/24

E United Group to Build Nickel-iron Alloy Plant in Fujian, China | chinafastener .com | #fasteners

 E United Group, one of Taiwan’s two integrated producers of steel products, will invest in a nickel-iron alloy plant in Ningde, Fujian province, China. To be spread over 130 hectares, the proposed plant is designed to have initial annual output ... [Read More]
2011/10/20

Norma Seeking Acquisitions as Sales Rise, Boersen-Zeitung Says | Bloomberg | #fasteners

 Norma Group AG will grow sales by as much as 12 percent to about 570 million euros ($790 million) this year, Boersen-Zeitung said, citing an interview with Chief Financial Officer Othmar Belker. Norma plans to acquire companies with annual sales ... [Read More]
2011/10/16

DXP Enterprises, Inc. Announces the Acquisition of Kenneth Crosby | American Fastener Journal | #fasteners

 Posted Date: 10/13/2011 DXP Enterprises, Inc. announced today the completion of the acquisition of substantially all the assets of Kenneth Crosby ("KC"), a leading distributor of cuttings tools, abrasives, fasteners, gauges and industrial ... [Read More]
2011/10/14

Company Moving Illinois Work to Clinton County – Inside INdiana Business | #fasteners Fontana

 FRANKFORT, Ind. (Oct. 12, 2011) - Lt. Governor Becky Skillman joined executives from LEP Special Fasteners, Inc., a manufacturer of specialty steel fasteners, today to announce the company's plans to relocate parts of its operations from Illinois to ... [Read More]
2011/10/12

KOLB builds China JV plant for auto fasteners | automotive news

 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]
2011/10/10

Anixter International Significantly Expands Presence in the Kingdom of Saudi Arabia | MarketWatch

 GLENVIEW, Ill., Oct. 6, 2011 /PRNewswire via COMTEX/ -- Anixter International Inc., AXE +2.75% , a leading global distributor of communication and security products, electrical and electronic wire and cable, fasteners and other small parts, announ... [Read More]
2011/10/09

Manufacturers in Jackson adjust to meet demands of clients | MLive.com | #fasteners Orbitform

 Since 1984, Orbitform Group has been building and creating machines that can do fastening, riveting and forming for companies across the country and worldwide. Now, the Jackson manufacturer is expanding into the retail sales market. In May, the ... [Read More]
2011/10/07

Germany’s NORMA Group Opens 11.2 Mln Euro Car Parts Factory in Serbia | Limun.hr | #fasteners

 7.10.2011 14:45:00 | Author/Source www.seenews.com BELGRADE (Serbia), October 7 (SeeNews) – German car parts maker NORMA Group on Friday opened an 11.2 million euro ($15.1 million) factory [...] via Limun.hr - Germany's NORMA Group Opens ... [Read More]
2011/10/07

Heads & Threads International has re-entered the industrial fastener market | The National Industrial Fastener Shows | #fasteners

 Following a brief period of re-organization Heads & Threads International has re-entered the industrial fastener market. HTI, founded 50 years ago, has long been known for its bulk fasteners, stock for release and mill programs. President Bill ... [Read More]
2011/10/04