Revenue growth achieved despite “restricted volumes shipped to the Boeing Company and notably weaker Europe market conditions.”
Executive's experience includes 14 years with Infasco and shorter times with Kimball Midwest and Lawson Products.
After 53 days, machinists accept a new four-year contract with the troubled aerospace giant, enabling production to resume immediately.
Taiwanese fastener exports to the U.S. (its largest market) dipped a mere 0.31% in September, while fastener exports to Europe grew 14%, according to Fastener World.
Acquisition enables Switzerland's SFS Group to expand its presence in the Midwestern U.S.
Gains “driven by growth in all geographies and included broad-based gains across most customer end markets.”
Three “Leadership Development” panelists offered advice during the National Fastener Distributors Association 2024 executive summit.
New rep will cover the territory of Texas, Oklahoma, New Mexico, Arkansas and Tennessee.
Customers need to know “we want to do business with you,” explained Kevin Chavis of Star Stainless Screw.
Automotive OEM fasteners slipped on weak demand, while Construction Products sales approached double-digit declines in the third quarter.
Aerospace expansion and general industrial growth could not overcome automotive market softness at Stanley Black & Decker's fastener business.
New managing director for Swedish stainless steel fastener manufacturer has over 20 years of global business experience, most recently with motion technology group Schaeffler.
