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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

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

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

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

Bombardier announces new global manufacturing centre in Mississauga

Bombardier has announced that the city of Mississauga, Canada, will be home to a new global manufacturing centre for its Global business jets.

Ajax Fasteners faces 2-day administrators auction in September

Administrators were appointed for ACME Operations Pty Ltd, trading as Ajax Fasteners, on the 1st August under Section 436A of the Corporations Act 2001.

Dubai's hardware and tools trade hits AED 4.59 billion, as UAE aims for 3D manufacturing hub status

Dubai's hardware and tools market is at AED 4.59 billion as of 2018 and the UAE is ramping up its additive manufacturing credentials.

New construction contracts in GCC could be worth $138 billion in 2019

New construction contractor awards in the Gulf Cooperation Council (GCC) are estimated to be worth around $138 billion this year.