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Industry News

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Japanese Automotive Fastener and Parts Maker Piolax Moves Production Due to BREXIT Woes529fastener
Piolax, an automotive fastener and parts maker from Japan, is remapping is production in response to BREXIT, moving the production of automotive parts (which are sold to the U.S.) from the Dongguang (China) plant to the ...

The Latest CFD 2019 Distributed in Fastener Fair Stuttgart523fastener
fastenerOn 19th -21st March 2019, the Fastener Fair Stuttgart 2019 opened. The leading international trade show for the fastener and fixing community took place in halls 1, 3 and 5 at the exhibition grounds in Stuttgart, Germany...

WIN EURASIA Makes Turkey Become the Hub of International Trade549fastener
fastener14th-17th March 2019, Istanbul – organized by the world’s exhibition giant; Deutsche Messe’s subsidiary Hannover Fairs Turkey “WIN EURASIA” once again showed its power with enormous interest...

The 30th Manufacturing World Japan Concludes with Great Success!468fastener
fastenerThe 30th Manufacutring World Japan opened on February 6-8, 2019 at Tokyo Big Sight. The show concluded with great success and attracted 1,530 exhibitors and 66,049 visitors.  China Fastener Info (CFI) as one of...

Reed Exhibitions closes acquisition of Mack Brooks Exhibitions432fastener
fastener(18 Feb 2019) Reed Exhibitions, a division of RELX, has completed its acquisition of Mack Brooks Exhibitions.Mack Brooks' flagship brands include EuroBLECH (sheet metal working technology); inter airport (airport inf...

China Export Tax Rebates for Fasteners Increased to 10%522fastener
fastenerSince November 1, 2018, China has expanded and optimized export tax rebates to lower costs for businesses and encourage trade.Increased export tax rebates will help lower costs for Chinabased exporters, many of whom have...

Italian experts boost Zhejiang manufacturing486fastener
Ruian, a major manufacturing hub for leather shoes and auto parts in Wenzhou, Zhejiang province, is bringing in skilled engineers from Italy to help drive its products into the world market.The city created a China-Italy...

Bossard Confirms Record Sales for 2018549fastener
fastenerRecord results – profitable growth strategy pays offThe Bossard Group continues on its growth track: ongoing increase in performance led to record highs in sales as well as EBIT and net income. EBIT rose by 12.1 pe...

U.S. Cutting Tool Consumption Up 13.4 Percent in January493fastener
fastenerJanuary 2019 U.S. cutting tool consumption totaled $208.27 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies ...

CFD 2019 is Now Available! Get it FREE!585fastener
fastenerChina Fastener Info plans to participate in the following international fastener and related exhibitions in the first half of 2019.Visit our booth and get the latest China Fastener Directory FREE onsite!Download FREE! Cl...

Taiwan's CSC to increase prices of most steel products in Q2562fastener
China Steel Corp (CSC, Taiwan’s biggest steelmaker, on March 8 announced that next quarter it would raise domestic prices for most steel products to reflect rising raw material costs.It would hike the prices for be...

Factory activity remains mostly robust in Feb481fastener
fastenerEmployees work on the production line of a BAIC vehicle factory in Cangzhou, Hebei province. The automobile industry is considered key to Cangzhou's development. [Photo/Xinhua]Domestic demand improves on policy measu...

U.S. ITC Launches Antidumping and Countervailing Duty Investigations Against Carbon and Alloy Steel Rod from China, India, Taiwan and Thailand639fastener
fastenerAccording to the announcement of U.S. International Trade Commission (ITC) on February 21st, 2019, it has launched antidumping and countervailing duty investigations against carbon and alloy steel threaded rod originatin...

ITAC Announces Final Results on Imported Hexagon Screws628fastener
fastenerRecently, the ITAC announced the final results on imported other screws fully threaded with hexagon heads made of steel under HS code 73181539, with the tariff rate of

China remains single largest market for products of German electrical industry in 2018:ZVEI744fastener
fastenerAn employee operates the working system in Infineon's smart factory in Dresden, Germany. [Photo provided to China Daily]China remained the single largest market for products of the German electrical industry in 2018,...

China's mechanical industry to maintain steady growth691fastener
fastenerStaff work on the production line of an agricultural machinery manufacturer in Ningjing county, Hebei province. [Photo/Xinhua]BEIJING - China's mechanical industry will maintain an overall stable growth in 2019, the ...

Norma Reports 7.7% organic growth in 2018651fastener
fastener--Based on preliminary figures, sales increase by 6.6 percent to EUR 1,084.1 million in 2018--Strong organic growth of 7.7 percent--Adjusted EBITA margin of 16.0 percent--Rightsizing program launched to lay the foundatio...

U.S. Cutting Tool Consumption Up 8.1 Percent in December615fastener
fastenerDecember 2018 U.S. cutting tool consumption totaled $189.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT–The Association For Manufacturing Technology. This total, as reported by companies par...

Bossard Group Receives Aerospace Certification AS9120 in Italy813fastener
The Bossard Group has received its aerospace certification in Italy. This official approval is the prerequisite for acting as a supplier in the aerospace industry. Bossard has thereby taken a further hurdle to intensify ...

Japanese Nitto Seiko Develops Collar-less Self-tapping Screws805fastener
fastenerIn recent years the Japanese automotive industry started a boom of light weighting and has increasing demand for automotive self-drilling screws. Of all the types of self-drilling screws, the ones used for resin do not t...

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