Fastenal Co. reported fastener sales dropped in January, though the rate of decline improved from December’s sales decrease.
Deal enhances SWD’s service offerings for the metal finishing and fastener sorting sectors.
Full-year Automotive OEM sales slipped 1.5%, while Construction Products sales dropped 6.1%.
The U.S. economy is at “somewhat of an infection point,” Lauren Saidel-Baker told the Metropolitan Fastener Distributors Association.
Aerospace and general industrial growth was offset by automotive market softness in the final quarter of 2024.
Upgrade includes a revised logo, updated brand colors, and refined messaging for the fastener distributor.
Threaded fastener and industrial supply distributor opened a new 25,000 sq ft distribution center - its third.
Four months after acquiring Bristol Machine, Industrial Threaded Products plans to relocate BMC’s manufacturing facility to the Inland Empire.
April 7-22 event will be held at Brighton-Best International and taught by Industrial Fasteners Institute instructors Laurence Claus and Salim Brahimi.
Deal comes weeks after Stanley Black & Decker signaled its plan to shop $1.2 billion Engineered Fastening business in 2025.
Register now for the 7th Fastener Fair USA tradeshow in Nashville on May 28-29.
Within hours of the decision, Canada placed duties on U.S. products, while both Mexico and China committed to countervailing measures.
