Specialty alloys supplier Carpenter Technology achieved the highest gain, nearly doubling in stock value during 2025.
Previous experience includes four years as CEO of PointPro Inc.
Former Continental-Aero owner was inducted into both the National Industrial Fastener Show and the U.S. Fastener Halls of Fame.
“This acquisition meaningfully expands our product breadth, enhances our cross‑sell capabilities, and positions us to deliver even greater value.”
Fastap Screw Products parent company Faspac Inc. has permanently ceased operations after 41 years of business.
Previous experience includes WESCO Distribution and Anixter, where Arnold Craven worked for nearly six years.
“His enthusiasm, industry knowledge, and leadership style ensure that Smith Associates will continue to be at the forefront of representing fastener, wire, and metal product manufacturers.”
Springdale, AR-based Bolt & Screw Supply will continue to operate independently under its existing name and current management.
He joined Wrought Washer in 2016 from Elgin Fastener Group, where he worked for nearly 13 years. Prior to that, he served as plant manager for Ohio Rod Products.
"He was the nicest, most congenial man and you’d never know he was the immediate past president of the United States."
$1.8 billion all-cash acquisition of Brea, CA-based Consolidated Aerospace Manufacturing from Stanley Black & Decker strengthens Howmet Aerospace's portfolio of high-tech aerospace fastening solutions.
The fasteners, MRO and construction supplies distributor’s board appointed current President and Chief Sales Officer Jeff Watts to succeed Florness.
