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Industry News

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SAMAC's Performance Plus TORX Head High Performance Screws289fastener
fastenerThe Performance Plus Torx head wood screws by SAMAC come with the following features.1. Torx, Reinforced Double Countersunk Head - Reduces cam out, increases torque transmission and assists countersinking.2. Self- Counte...

12,565 industrials united at METALEX Vietnam 2017328fastener
fastenerHo Chi Minh City, October 2017 - 11th edition of METALEX Vietnam has been conducted from 12 - 14 October at Saigon Exhibition and Convention Center (SECC), with 12,565 phenomenal quality visitors, and the presence of lea...

Steel demand growth to stay flat next year393fastener
fastenerGrowth in steel demand is expected to remain subdued in China next year as the government continues to shift its focus from manufacturing to services and steps up environmental protection measures, according to the World...

Fresh impetus for Made in China 2025 plan381fastener
China will fuel fresh impetus to the "Made in China 2025" initiative by implementing five key projects and bring to life a slew of national innovation demonstration zones, according to the country's top reg...

Dongtai Huawei to Attend Korea Metal Week 2017, Booth No. 8a103, Welcome to Visit Us!423fastener
fastenerInvitationDongtai Huawei Standard Component CorporationKorea Metal Week 2017Date: 24-27 October, 2017Venue: KINTEX, S.KoreaBooth No. 8a103We sincerely invite you to visit us.Products Displayed--Stainless Steel Fasteners(...

Rebound puts machinery on a roll426fastener
fastenerTech-savvy Chinese firms ride global boom in construction equipmentLaypersons may not be aware, but construction machinery, an industry where China has a significant presence, is used not just for basic construction but ...

Onsite, Vending Power Accelerated Growth For Fastenal In Q3393fastener
fastenerFastenal reported its 2017 third quarter fiscal results on Wednesday, which showed continued strong growth across the board.The company posted Q3 total sales of $1.13 billion, up 11.8 percent year-over-year (YoY), with d...

Bossard Q3 U.S. Sales Boosted By Acquisition, Tesla Partnership319fastener
fastenerBossard reported its 2017 third quarter fiscal results on Tuesday, led by continued strong growth.The company posted total Q3 sales of $200.1 million, up 12.4 percent year-over-year (+11.9 percent in local currency.In th...

China auto sales rise 5.7 pct in September459fastener
China's auto sales increased 5.7 percent year-on-year in September, data from the China Association of Automobile Manufacturers (CAAM) showed Thursday. This is the fourth consecutive month of increase.Some 2.71 milli...

Inaugural Fastener Fair USA Receives Strong Association Support442fastener
Fastener Fair USA is receiving strong support from industry associations helping to create awareness and anticipation for the inaugural show. The show will take place April 11-12, 2018 at the Huntington Convention Center...

MW Industries Acquired by American Securities472fastener
MW Industries (“MWI” or the “Company”), a leading provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, and American Securities LLC, a leading...

Taiwan Fastener Exports Increase 2.65% in the first eight months571fastener
fastenerTaiwan fastener exports increased 2.65% year-on-year to 1 million tons in the first eight months and the export prices rose 7% year-on-year to 2.632USD/kg. The full year export volume is expected to exceed 1.54 million t...

Automotive Plastic Fastener Market Size at $3.67 Billion by 2021570fastener
The global automotive plastic fasteners market is expected to reach USD 3.67 billion by 2021, according to a new report by Grand View Research, Inc. Increasing substitution of metal fasteners in automotive interiors owin...

Booming demand causes steel price surge942fastener
fastenerDomestic demand is fueling a rise in steel prices as China reports solid economic data.An increase in heavy truck manufacturing, excavators and robots in the first half of this year has helped drive up consumption."...

WIRE AND TUBE SOUTHEAST ASIA 2017 UNVEILS QUALITY PRODUCTS TO BOOST SUPPLY FOR THAILAND’S INDUSTRIES1008fastener
fastenerBangkok, Thailand, 19 September, 2017: wire and Tube Southeast Asia 2017, was officially opened today by Mr. Kobchai Sungsitthisawad (4th from right), Deputy Permanent Secretary, Ministry of Industry.China Fastener Info ...

BULTEN CONTINUES TO GROW AND INVESTS IN A FURTHER PLANT IN POLAND513fastener
Bulten AB (publ) has decided to invest around PLN 80.5 million (approximately SEK 177 million) in a new strategically important production and logistics plant in Poland to meet future volumes. The set-up, which is condit...

Construction of Thailand-China railway project to begin soon: Thai transport minister492fastener
Thailand will start the construction of the first phase of the Thailand-China railway project in October, or no later than November, once the environmental impact assessment report is approved, said Thai Minister of Tran...

July U.S. Cutting Tool Consumption Up 16% YoY, Down From June480fastener
July U.S. cutting tool consumption totaled $170.95 million according to the U.S. Cutting Tool Institute (USCTI) and the Association For Manufacturing Technology (AMT). This total, as reported by companies participating i...

Fastenal Canada Fined $265K For Ozone Violations538fastener
Fastenal Canada has been ordered to pay a fine of $265,000 by Environment and Climate Change Canada (ECCC) after the company pleaded guilty to two counts of selling products containing hydrochlorofluorocarbons (HCFCs) &m...

Nedschroef has added to over 50% of PMC's revenues522fastener
Ever since Shanghai Prime Machinery Company Limited (PMC) acquired Nedschroef in 2014, Nedschroef has added to over 50% of PMC's revenues. PMC president said he will continue to bring China's automotive orders to...


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