Germany-based Verucon’s specialist CNC machining capabilities will extend TFC’s capacity in Europe as a supplier of VMI services for C-parts.
Well-established industrial distributor in operation for over 50 years in the Southeastern US seeks experienced location manager.
Florness: “The problem is there's such scale in Asia with fastener production, with steel production and by extension fastener production.”
Strong fastener sales growth in March drove first quarter fastener sales to 1.1% growth after seven consecutive flat or declining quarters.
Amid escalating trade tensions, some Chinese exporters are ditching shipments mid-voyage and surrendering containers to shipping companies to avoid crushing tariff costs.
Aerospace fastener manufacturer joins Lockheed Martin to shape the future of manufacturing.
New Executive VP joined ASF in January 2025 from Fastenal, where he worked for 17 years, including the past 11 years as VP.
“Major improvements (produce)... a modern, agile, and efficient facility, perfectly aligned with our operational excellence standards.”
“Tariff/trade war headlines continue to dominate the news cycle and lead to anxiety over rising recession risk,” according to the Fastener Distributor Index.
Kaohsiung officials want Taiwan's fastener manufacturing sector designated as an “impacted industry” for special government assistance to reduce impacts of new U.S. tariffs.
“Reciprocal” tariffs do not apply to the company’s fastener and wire products, which are subject to a 232 tariff of 25% announced in March.
“Howmet will be excused from supplying any products or services that are impacted by this declared national emergency and/or the tariff executive order,” the Pittsburgh-based company reportedly told customers.
