A Foreign Trade Zone (FTZ) within the facility will help the fastener distributor navigate the increasingly complex environment of import tariffs and duties.
R&S Industrial Supplies acquired fellow Oregon fastener distributor SASCO, expanding its reach to Medford.
“My focus will be on protecting PEM ’s legacy while advancing our vision for a future of sustainable success,” the new PennEngineering Europe managing director stated.
Thousands of electric-powered F-150 Lightning pickups may have an improperly torqued nut on the ball joint securing front upper control arm to knuckle assembly.
Grainger paid $78 million to purchase an 849,691 sq ft facility in Minooka, IL, adjacent to the company’s 1 million sq ft distribution center there.
Two FIN Fastener Stock Index companies more than doubled their share value during 2024.
Deal responds to growing demand for domestic micro screws from international customers in the electronics industry.
Founded in 1977 by Jim and Jean Partridge, Bloomingdale, IL-based Big Bolt manufactures specialty fasteners for diverse industries.
After 42 years, Mark Shannon has retired as President of a Tower Fasteners Co., an MSC company.
Moving forward, Optimas Solutions will focus on scaling renewable energy use, electrifying heating systems, and engaging suppliers to ensure long-term decarbonization.
Würth Group patriarch signaled a substantial profit decline amid tough EU economic conditions that trimmed revenue.
New executive holds an MBA from the University of California, Irvine.
