North America
Earnest Machine purchases National Threaded Fasteners
Effective since January 31st of this year, Ohio-based National Threaded Fasteners (NTF) has been purchased by wholesaler Earnest Machine.
Bosch Power Tools has 'above average' 2019 in competitive year
Bosch Power Tools held their own in a competitive 2019, the firm revealed in its 2019 financial statement, while overall Bosch sales hit €77.9 billion
Stud & rebar finder brand Zircon seeking distribution in Austria and Switzerland
"Original stud finder" Zircon is showcasing its line-up at Cologne's 2020 International Hardware Fair as it pushes further into the European market
Coronavirus: "Companies need to urgently review their supply chain"
Thanks to the continuing impact of coronavirus on the supply chain warnings from supply chain experts are targeting those reliant on China's factories
Simpson Strong-Tie owner sees sales and profits rise despite currency headwinds
Simpson Strong-Tie owner Simpson Manufacturing saw both sales and profits rise despite the impact of negative currency exchange
Industrial fasteners market to hit $109.61 billion by 2025; automotive dominates while plastic grows
The global industrial fasteners market is expected to reach $109.61 billion by 2025, with automotive sector and the non-threaded fasteners lead growth
$1.5 billion CAM acquisition to strengthen Stanley Engineered Fastening business
Stanley has acquired CAM (Consolidated Aerospace Manufacturing LLC) for up to $1.5 billion, joining the Stanley Engineered Fastening
Fastener Training Week scheduled for Cleveland in March
The Fastener Training Institute has announced its next Fastener Training Week is scheduled to take place 16-20 March in Cleveland.
Hilti Group grows sales for 4th year in a row, up 4.3%
Despite slower growth in the global construction sector and currency headwinds for the Swiss franc, Hilti Group grew sales by 4.3% to CHF 5.9 billion
Cologne Hardware Fair confirms "heightened vigilance" as coronavirus concerns ramp up
Amidst concerns over the spread of Coronavirus, the organisers of the Cologne International Hardware Fair have issued a statement
Optimas brings in trio of industry veterans to leadership team, including ex-Wurth & GenFast execs
Optimas Solutions has appointed 3 execs to the company’s leadership team. The industry veterans will focus on business growth and organisational strategy