Sales eased from an exceptionally strong July and employment was slightly softer, while supplier deliveries lengthened notably and pricing re-accelerated.
Founded in 1906, Cleveland-based Ferry Cap manufactures custom bolts, studs, screws, and other precision fasteners.
Jim Tanner joined Chicago Rivet & Machine Co. in April 2025 from M1 Concourse, where he served as COO.
The retaliatory duties on $27.6 billion worth of U.S. imports include a 50% levy on fastener code 7318 (screws, bolts, nuts, rivets, washers).
New executive VP and CFO brings over 30 years of financial expertise to the role, having most recently served as VP and CFO at TopBuild Corp.
Canada imposed previously announced 50% retaliatory tariffs on U.S. fasteners after the collapse of trade talks in late July.
New Senior Product Manager: Direct Fastening joined STANLY Engineered Fastening in 2021 after working five years for Hilti North America.
Export volume and value have declined since President Donald Trump surprised the top supplier of imported fasteners to the U.S. with 50% tariffs on fasteners in 2025.
Deal expands Italian fastener group’s industrial and commercial footprint in the U.S. aerospace supply chain.
Amid its strongest monthly sales gain in more than four years, Fastenal reported fastener revenue continued its growth streak.
$315 million deal gives Hillman a scaled platform to serve long-tail, high-specification fastener requirements across industrial and specialty distribution channels.
Bob Bruner's knowledge, experience, and dedication “made a lasting impact on Birmingham Fastener and everyone who has had the opportunity to work with him.”
