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.
On weekends, TR Italy will be able to sell surplus energy back to the national grid, FAST reports.
Laser welding collaboration between NASA and The Ohio State University aims to stimulate in-space manufacturing, which could eliminate the need to transport heavy fasteners for maintenance and repair.
Deal for C-parts distributor deepens Swedish fastener supplier's presence in Italy and southern Europe.
AI-powered platform brings new visibility to certificate management, ensuring that certifications stay attached to parts throughout the entire supply chain process.
