Fastenal Co. reported fastener sales grew 1.5% in April, continuing the company’s recent fastener revenue recovery.
Ford CEO Jim Farley: Domestic automotive fasteners and washers are “just not available. We can’t even buy those parts here.”
New machinery at Phoenix location enables in-house production of #4 and #5 clevis ends.
Executive “brings a wealth of knowledge and experience not only in fasteners but a diverse range of products and services in multiple industries.”
“Margin progression within the Fastening Systems and Engineered Structures segments was particularly noteworthy,” stated Howmet CEO John Plant.
CEO Donald Allan Jr. said the company is raising prices and adjusting its supply chain to leverage Mexico and reduce China tariff costs.
Founded in 1994, Bellows Falls, VT-based Applied Bolting’s proprietary bolting solutions provide visual confirmation of bolt tension in structural connections.
Illinois Tool Works reported lower first-quarter profit and revenue as economic uncertainty hurt demand for fasteners and other industrial tools and equipment.
Hillman CEO Jon Michael Adinolfi estimated the impact of all new 2025 tariffs to be about $250 million on an annualized basis.
Prior experience includes working for Würth Industry North America as CEO: MRO, Safety and Metalworking Division.
“With this new location, we’re even better positioned to meet the needs of our valued customers in South Louisiana with faster delivery, more inventory on hand, and local expertise.”
Online resource serves as a hub for updates, insights and tools to assist suppliers and customers in navigating evolving tariff regulations.
