Fastener News Daily Digest 2012/05/30 | Bazibaza

Article by Daniel Rivalin · 2012/05/30 · 0

Fastener News Daily Digest 2012/05/30

South Africa Slaps Hefty Duties On Chinese Fastener Imports | Chinafasteners.info
IMPORTS of screws from China have been slapped with a hefty antidumping duty this month after an investigation by a South African trade authority found they were causing local manufacturers “material injury”.
The antidumping measures are seen as an extension of existing antidumping measures against Chinese manufacturers of nuts and bolts.[…]
via South Africa Slaps Hefty Duties […]

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“Summerizing” Your Business – Shipping | Jinding Fasteners North America
I have to admit shipping doesn’t get as much of my attention as it probably should most of the year. Somehow product magically gets from the fastener factories in Asia to the US and ultimately to your customer, right? My compliments to whoever in your company handles shipping and keeps this magic alive […]

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Sundram Fasteners Announces Q4 Result | Steelguru
Sundram Fasteners Ltd has announced its financial results for the period ended March 31st 2012. The company has posted net profit of INR 343.9 million for the quarter ended March 31st 2012 as compared to INR 240.1 million for the quarter ended March 31st 2011, representing an increase of 43.23%.The company’s total income was at […]

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UPDATE 1-Black & Decker Eyes Bid For CVC’s Singapore Asset-sources | London South East
By Stephen Aldred
HONG KONG, May 30 (Reuters) – Stanley Black & Decker Inc is among pot
ential bidders for private equity-owned Infastech, a Singapore-based industrial fastener maker with revenues of more than $500 million, sources with direct knowledge of the matter said.
CVC Capital Partners and Standard Chartered’s private equity arm have hired Bank of America and […]

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Enjoy the reading, enjoy your day,

Daniel Rivalin

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