Final anti-dumping measures against steel fastener imports from China range from 32.5% - 67.4%.
Non-automotive fastener volume declines more than offset price gains achieved at the end of 2023.
<I>Fast Company</I> ranked the steelmaker as the sixth most innovative company in the manufacturing category for its efforts to recycle scrap steel.
While fastener sales and income results were mixed, both segments that manufacture fasteners improved their margins during the opening quarter of 2024.
Steelmaker reports double-digit loss for cold finished steel product sales in the opening quarter of 2024.
Doug Ruggles: “I don’t know anyone who has had a broader impact on the industry driving professionalism, growth, and a commitment to giving back.”
The safety issue involved Tesla's decision to use adhesive instead of fasteners on the accelerator pedal cover. But larger problems loom for the EV manufacturer and its mercurial CEO.
Sales gains eroded margins as the distribution giant continued spending to drive growth.
Boeing’s reputation took a significant hit after the January 5 Alaska Airlines 737-9 door plug blowout.
Green Bay-based Packer Fastener entered the Kansas City market through its new facility in Olathe, KS.
Buying Waukesha, WI-based Trinity Hardware Headquarters bolsters Martin Supply's presence in the Midwest fastening market.
Westberg holds an master of science in mechanical engineering and has lived and worked in Canada, Germany, and France.
