Reports indicate that the Biden administration will look to rebalance the tariffs on Chinese fasteners and other goods, potentially reducing those that are not in the U.S. interest.
AIS Industrial & Construction Supply president Dale Hahs accepted the position after current STAFDA VP Phil Cerminaro resigned due to family health issues.
The certification allows Fastenal Co. to meet a broader scope of products in the aerospace and defense industry.
Gains driven by growth in the commercial aerospace market, including emerging wide body aircraft recovery, and the commercial transportation market.
NORMA Group achieved stable profitability and strong cash flow in 2023 despite lower sales due to currency translation.
Alliance “demonstrates the importance of continuing education and training within the fastener industry.”
Membership in NFDA is not a requirement. Self-nominations are acceptable, as well as nominations by others.
Master distributor said Houston-based sales rep has had a 30-year career in industrial sales.
Industrial supplier Grainger saw record sales in the final quarter of 2023 amid a normalizing demand market.
Owned by the Hasegawa family, MEIDOH is a top supplier of bolts to Toyota, with factories in Japan, China, Indonesia, Thailand and the U.S.
Fastener products sales improved for ITW in 2023, although results were mixed amid recession fears that have since receded.
Double digit growth in aerospace and automotive was partially offset by softness in general industrial fastener markets for Stanley Black & Decker's fastener business.
