Massive solar array covers 3.2 million square feet and serves dual purpose of protecting vehicles and generating solar energy for the assembly plant in Georgia.
Fastener sales stayed strong in October, extending the company’s trend of double-digit growth that started in July.
Organic revenues climbed 5%, supported by the stronger than anticipated automotive market and continued strength in aerospace, partially offset by lower industrial volume.
Deal, which includes Monogram Aerospace Fasteners, Allfast Fastening Systems, and Mac Fasteners, “reflects the high-quality nature of the business and its continued strong momentum.”
New executive brings “global financial experience and perspective from his leadership roles at Beko Europe and Whirlpool.”
Howmet Aerospace accused Stanley Black & Decker subsidiaries of infringing its patent for a one-sided “blind” fastener used to install solar-panels, Bloomberg Law reports.
Company to close its fastener factory in Kentucky and open a new centralized distribution center near Detroit.
Fastening Systems revenue gains from growth in the commercial aerospace market, partially offset by declines in the commercial transportation market.
His 43-year fastener industry career started in 1984 with Vertex Fasteners. Over the years he has also worked for Eskay Screw, XL Screw, MacLean Fastener Service, Eagle Fastener Corp., and Nord-Lock.
New executive succeeding Erik Gershwind joined MSC in 2022 as Executive VP and COO before being appointed President and COO in 2024.
All State Fastener named Würth veteran Dan Hill to lead the company, together with several other senior leadership appointments.
Deal expands wholesale fastener supplier’s national footprint and enhances customer service.
