North America
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
EFC International adds air filter hardware components to product line
EFC International has added air filter clips and speciality air filter fasteners, manufactured by Springfield Spring & Stamping, to its product line.
Shimtech Industries acquires Fastener Technology Corp
Shimtech Industries has acquired Fastener Technology Corp, a North Hollywood based supplier of speciality fasteners for aerospace applications.
PennEngineering acquires Tokyo-based Eurotec
Pennsylvania-based PennEngineering has acquired Tokyo's Eurotec Ltd, which will join the existing brands under PennEngineering's corporate umbrella.
Bulten acquires PSM International for $24.5 million
Bulten has signed an agreement to acquire all shares in PSM International Holdings for $24.5 million to strengthen its international position.