The deal marks NEFCO’s sixth acquisition since 2022, expanding its branch network to 39 sites nationwide.
Founded in 1952, Farmingdale, NY-based Peerless is an approved supplier to all major aerospace companies globally.
The FIN Fastener Stock Index rode the twin forces of lower inflation and expanded manufacturing to solid growth in the opening quarter of 2024.
Last year was challenging for automotive fastener manufacturer, which reported a pre-tax loss totaling $5.7 million, while net loss reached $4.4 million compared to a gain of $2.9 million in 2022.
He was the former owner/CEO of Security Fastener in Pensacola, FL.
Registration is open for the National Fastener Distributors Association’s popular Executive Sales Planning Sessions on June 11-14 at the Omni Las Colinas Hotel in Irving, TX.
Passengers aboard a Boeing plane that made an emergency landing after a fuselage panel blew off in January have received letters from the FBI identifying them as possible victims of a crime, <I>Reuters</I> reports.
Company says its new service can provide parts across the globe in a matter of minutes.
The Industrial Fasteners Institute elected Dan Curtis of MacLean-Fogg to lead the board as Chairman, and Larry Spelman of J.H. Botts as Vice Chairman.
New Howmet Aerospace executive spent 17 years at Precision Castparts in roles with progressive responsibility.
Founded in 1950, Philadelphia-based Globe International supplies fasteners, door hardware and galvanized aircraft cable.
