“By aligning our resources with highly experienced local professionals, we are fully optimizing the power of local people, local inventory, and local decision-making.”
Sales rose 11.1%, which included organic growth of 5.3%, while adjusted operating margin increased to 14.7%.
Results extend a record of fastener sales growth that began in July 2025 after two years of decline.
Additive manufacturing and digital inventory arm of the world’s largest industrial fastener distributor is closing its business operations.
Swedish fastener manufacturer is divesting automotive factories in the EU and China to cut capital costs and refocus towards distribution and value-added services.
Bronx, NY-based construction fastener supplier is providing American-made fasteners for the project, supported by full Buy America compliance documentation.
Rick Delawder owns and operates SWD Inc., a second-generation, family-owned metal finishing, coating, and fastener-sorting facility.
Strongest reading since mid-2021 was led by a sharp acceleration in sales and an improvement in customer inventory levels.
New executive's previous experience includes leadership roles with Fabory, Mid States Bolt & Screw, Gill Industries, and C.H. Robinson.
New identify positions the fastener manufacturer as a “joining system expert” under the tagline: “Join with US.”
Deal enables Switzerland-based group to enter the North American aerospace market.
CEO: Divestment “supports our ambition to create a less capital-intensive Bulten, with increased focus on profitability, cash generation and capital efficiency.”
