The FIN Fastener Stock Index recovered in the third quarter of 2024 as “production at U.S. factories surged in August amid a rebound in motor vehicle output.”
Together with Bossard Aerospace Germany, the deal makes the Swiss manufacturer a significant provider of fasteners and logistics services in the European aerospace industry.
“The fastener industry is currently being conquered by private equity, a model in which the minute you sell your business, you are for sale in the future.”
Final Fastener Training Week of 2024 scheduled in Cleveland on November 18-22.
“TurnaSure’s innovative Direct Tension Indicators (DTIs) and ViewTite Self-Indicators are now part of the Wrought Washer product family.”
He owned Kentucky-based D&D Distribution, a manufacturer’s representative company for specialty fasteners and welding equipment.
System detects broken bolts or studs in wind blade root that connects to the hub, alert operators immediately.
Documents indicate industrial supply distributor intends to build and occupy the facility within five years, according to Industrial Distribution.
MSC Industrial Supply promoted executive VP and COO Martina McIsaac to President after she made “significant improvements to our internal and external operations.”
Deal to acquire Singapore-based TCR establishes a "beachhead operation" to target new customers in such critical end markets as technology, semiconductor, industrial, and manufacturing.
Founded in 1874 by William Anderson, the company relocated from Cleveland to Tiffin, OH, where it continues to succeed in advanced cold forming technology.
News of 60,000 sq ft distribution center comes six months after the Green Bay-based fastener distributor opened its first branch in the market.
