New hire brings “national expertise and deep industry knowledge” to the position, according to AFC Industries.
35-year fastener industry veteran has worked for Würth Industry North America and Supply Technologies.
U.S. President Donald Trump imposed steep 'reciprocal' tariff rates, including 34% on China, 32% on Taiwan, 46% on Vietnam, 25% on South Korea, 24% on Japan, 20% on the EU, and 10% on the UK.
Conservationist, geophysicist and mountaineer Pasquale Scaturro to keynote the 2025 Specialty Tools & Fasteners Distributors Association convention.
In the final quarter of 2024, fastener segment sales fell 40%, led by a 44% drop in sales to automotive customers.
Howmet Aerospace recorded the highest FIN Fastener Stock Index gain at 18.6%, driven by fresh demand as top aerospace companies scramble to replace capacity destroyed when a fire gutted an SPS Technologies factory in February.
Huyett: “These hats are a lighthearted but meaningful way to voice concerns about the unintended consequences of protectionist trade measures.”
“The tariffs have set off a hunt to find domestic supplies of some of manufacturing’s smallest components,” the Wall Street Journal reports.
“Like Optimas, all suppliers must take action to minimize or eliminate tariffs within your supply chain,” the fastener manufacturer stated.
“Go out and do business,” Dr. Chris Thornberg advised the Pacific-West Fastener Association. “But beware – not afraid.”
GM Chase Watson: “This space gives us the room to better organize and scale our shipping, assembly, and manufacturing operations.”
Decision to open second headquarters in Plano, TX, driven by region’s strong labor market and proximity to Simpson’s nearby factory.
