After 37 years, Brainard Rivet Co. GM Joseph “Joe” Lamanna is retiring.
Würth Industry North America will pay $42.5 million for a distribution center in Columbus, OH, previously owned by MSC Industrial Supply.
TriMas appoints current board member after CFO Scott Mell left the aerospace supplier.
Acquired last October, the 17,100 sq ft facility increases service in Kentucky and southern Indiana.
“Robotics and aerospace are a lot cooler than talking about rusty nuts and bolts,” Gary Cravens told Pacific-West Fastener Association members.
Fastener supplier Alabama Aerospace is one of six companies currently on a trade mission to Poland for high-level negotiations with military and business leaders.
Aerospace fastener manufacturer reports strong demand from Boeing and other top aerospace companies to replace capacity destroyed when a fire gutted an SPS Technologies factory in February.
Decision to lay off 250 workers comes weeks after a fire gutted SPS Technologies' Pennsylvania aerospace fastener factory, complicating Boeing production.
International Fastener Expo owner Emerald X appoints new show director, replacing Morgan Wilson, who led the show for four years.
While tariffs are cited by U.S. President Donald Trump as a tool to boost domestic manufacturing, analysts say the market picture is more complicated.
Germany-based Böllhoff cited the presence of tier 1 automotive suppliers, as well as Bulgaria's “strong sheet metal and aluminum processing industries.”
Specialty Tools and Fasteners Distributors Association: “Sudden tariff changes can drive up costs overnight, disrupt supply chains, and create financial strain.”
