Aerospace

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

Shimtech Industries acquires Fastener Technology Corp

Shimtech Industries has acquired Fastener Technology Corp, a North Hollywood based supplier of speciality fasteners for aerospace applications.

Supply chain fears as Boeing suspends 737 Max production

Boeing suspends 737 Max production as stockpiles of the grounded aircraft reach 400, prompting concerns for the singificant supply chain for the aircraft