Export volumes are expanding, while prices remain under pressure from global competition, new capacities in emerging markets, and volatility in inflation and raw material costs.
SPS Technologies will rebuild its facility as a 350,000 sq ft aerospace manufacturing plant on the site of its former factory, which was destroyed by fire the company blames an explosion inside a compressed air system.
Racks have an image recognition system to enable fully automated banding, using cameras to detect whether cardboard cases lack plastic bands and applying them as needed.
Former MotorTrend Group creative director will oversee marketing for all Brighton-Best International brands.
Thailand-based JPP Holding Co. introduced 50 AI-powered robots with vision systems to handle tasks such as screw fastening, riveting, stamping, painting, and welding.
Rivet maker Edson Manufacturing purchased a new $4 million facility in Wolcott, CT, the Hartford Business Journal reports.
Among the group’s three business segments, Fastening Systems was the only segment to report reduced sales.
Full-year exports are projected to grow substantially for the second consecutive year, though the average price stood at just US$1.92 per kg, down 2.7% from 2024.
Heller, 49, was Branch Operations Manager in Columbus, OH, for Triangle Fastener Corporation.
New director joined Century Fasteners in 2023, bringing over 42 years of executive leadership experience across the aerospace, defense, industrial, and commercial sectors.
New manager is a board member for Women in the Fastener Industry (WIFI).
Traditional industry sectors like hand tools and machine tools—previously subject to 20% reciprocal tariffs—along with the auto parts industry (facing 25% tariffs under Section 232) will see rates reduced to 15%.
