Michael Knight served as Endries International CEO from December 2002 to June 2025, when Endries promoted promoted CFO Dan Crociata to lead the company.
New executive has years of management experience with positions in industrial companies and management consultancies.
U.S. tariffs forced Grainger to raise prices in May, with another price hike promised in September “to reflect certain prevailing tariffs.”
Previous experience also include multiple senior and executive leadership positions at Anixter Inc. and WESCO, including roles as Senior VP and Executive VP of Sales-Utility Power Solutions.
Results driven by growth in the commercial and defense aerospace markets, partially offset by declines in the commercial transportation market.
Automotive OEM segment sales improved in the second quarter of 2025, while Construction Products segment sales continued to decline.
Italian fastener producer Fontana Gruppo has acquired a controlling stake in India-based Right Tight Fasteners.
New executive brings more than two decades of commercial and sales leadership experience across the oil & gas, energy, industrial, and technology markets.
Kanebridge initially operated out of a 350 sq ft garage in Bloomfield, NJ, supplying OEMs in the northern New Jersey and New York metropolitan area.
Price and currency gains in the second quarter of 2025 could not overcome volume decline and a product line transfer to Tools & Outdoor.
Southeast Asian fastener manufacturer expects demand for its products to withstand U.S. tariff pressures, The Edge reports.
“We’ve evolved beyond fasteners to become a trusted partner in global supply chain management” with expanded capabilities in VMI, JIT delivery, and engineering testing.
