Italian fastener manufacturer said U.S. sales are growing thanks to new customers and new applications in emerging industrial sectors.
The smart facility will enable the Taiwan automotive fastener manufacturer to double its self-production rate to 30% by 2027.
Executive has over 35 years of experience in the tooling and manufacturing industry.
Allied Bolt Products president Glen Malin will remain as president - a position he has held since 2002 after his father retired.
During his fastener career, new director has handled business development for Optimas Solutions, Facomp, Bossard Americas and Pencom.
Demanding higher wages and a better pension, workers appeared ready for an extended strike - the first at the aerospace giant in 16 years.
R.J. Leahy Co. supplied metal fasteners that “held together WWII-era ships, Disneyland art commissions, and historical renovations of restaurants, residences and San Francisco city hall.”
Opening comes less than a week after Endries acquired Florida-based ServTronics - its second acquisition of 2024.
August's FSTNR Week in Chicago and the International Fastener Expo in September would challenge attendance.
“Fastener market conditions and the industrial economy in general continued to be soft but slightly better... in August.”
He founded Arnold Supply in 1975 and grew the distributorship from his garage to a global business.
Fastenal Co. reported fastener sales declined 2.2% to $198.4 million in August, improving on July sales figures.
