Fastenal Co. fastener sales declined in 2024, with higher fastener container costs in the final quarter causing product margin pressure.
Women in the Fastener Industry named Empire Bolt & Screw COO Jennifer Sturm as its Woman in Business for 2025.
Previously Revercomb served as Managing Director of Würth Revcar Fasteners for six years.
Hristijan Georgievski is sales team leader for IFE Americas.
Persistently weak global economic situation, particularly in manufacturing, had a major impact sales in 2024.
“These promotions reflect BBI’s commitment to growth and specialization within our key divisions,” stated PR Director Rosa Hearn.
Executive is the former CEO of Summit Electric Supply, and has also served as CEO of the Industrial Supply Association.
“Overall sentiment among participants leans cautiously optimistic heading into 2025, although some caution persists due to ongoing macroeconomic/inflation/rate uncertainties.”
“We’re excited to grow our presence in West Texas,” stated Birmingham Fastener CEO Brad Tinney.
Since December 2022, Holden Lewis has served as Fastenal’s SEVP and CFO.
“Canada is an important market for us and we recognized we would need additional resources and infrastructure in Canada for it to reach its full potential,” stated AFC Industries CEO Kevin Godin.
Deal expands Bossard’s market presence and customer service in Germany and Eastern Europe in combination with Bossard Germany.
