Daily Fasteners and Fixings News by Bazibaza

Grainger to purchase Fabory | Fastener+Fixing | #fasteners

 US industrial maintenance and safety products supplier W.W. Grainger Inc has announced plans to buy Fabory Group for US$344 million (approximately 240 million euros).[...] Source via Grainger to purchase Fabory. [Read More]
2011/08/16

UPDATE: Grainger Plans To Buy European Fastener Firm For $344M | WSJ.com | #fasteners Fabory

 W.W. Grainger Inc. GWW plans to acquire a privately owned distributor of fasteners and tools in the Netherlands for about $344 million, giving Grainger a conduit for expansion into Central and Eastern Europe.Fabory Group distributes more than 80,000 ... [Read More]
2011/08/15

Grainger Intends to Acquire Fabory Group | PRNewswire | #fasteners official Press Release

 - The transaction price will be approximately $344 million (euro 242 million) and is expected to be accretive to 2012 earnings. - Grainger will host a live webcast at 10:00 a.m. EDT today to discuss this announcement. CHICAGO, Aug. 15, 2011 ... [Read More]
2011/08/15

Baosteel raises main product prices for September | Chinafastener.info |#fasteners

 * Hot-rolled coil prices for structural use up 60 yuan/T * Cold-rolled coil prices to rise 120 yuan/T * Demand for flat products set to pick up after summer (Adds details, trader and analyst quote) SHANGHAI, Aug 12 (Reuters) - Baoshan Iron ... [Read More]
2011/08/15

China’s Fastener Exports for 1st Half of 2011 | chinafastener.info |#fasteners

 According to China Customs, China’s steel, iron or copper standard fastener exports for the first six months of 2011 jumped 41.5 percent to $2.2 billion with the export volume up 22.2 percent to 1.25 million tons and the average price up 15.8 ... [Read More]
2011/08/15

Börsenneuling Norma aus Maintal stellt Befestigungsschellen unter anderem für die Autoindustrie her | imNetz.de | #fasteners #verbindungselement

 Maintal - Seit kurzem läuft in Maintal wirtschaftlich eine neue Zeitrechnung. Vor ein paar Wochen läutete Werner Deggim, Vorstandsvorsitzender der hiesigen Norma Group und des nach eigenen Angaben größten Arbeitgebers des Main-Kinzig-Kreises, ... [Read More]
2011/08/15

FIN Interviews: Selling Fasteners in South Africa – Global Fastener News – USA | #fasteners

 The similarities include price competition, importing from Asia, a recession, tariffs, multi-generation family companies and corporate acquisitions. Differences between the South African fastener industry and how business is conducted in Europe ... [Read More]
2011/08/14

Modern Format of Vintage Fastener Drawings | ScrewCrew.com | #fasteners #fun

 Somebody has made a high-resolution scan of some nice old fastener drawings, and you can download the file for a dollar. Since the drawings are so old, I assume there is no copyright that applies. [...] source and picture via Modern Format of ... [Read More]
2011/08/14

Latour acquires companies within advanced bolt securing systems | AB Latour | #fasteners | Nord-Lock Superbolt P&S Vorspannssysteme

 2011-08-04 10:00 Investment AB Latour (publ) acquires, through Nord-Lock International AB, the US company Superbolt Inc and the Swiss company P&S Vorspannssysteme AG. Nord-Lock assumes ownership immediately. Superbolt and P&S ... [Read More]
2011/08/14

Why can’t we all just Twitter? | Fastenerblog.net | #fasteners

 Posted by Traveling Salesman at 8/12/2011 10:02 PM I know, it should say, "why can't we all just tweet?" I chose to say Twitter just to get the name out there. There is a small group of #fastener Tweeters who are trying to get the movement ... [Read More]
2011/08/14