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China's manufacturing activity expands slower in January832fastener
fastenerChina's manufacturing sector expanded at a slower pace in January, official data showed Wednesday.The country's manufacturing purchasing managers' index (PMI) came in at 51.3 this month, decelerating from 51....

Made in China 2025 roadmap updated898fastener
fastenerEmployees of China Railway Shanhaiguan Bridge Group Co, based in Qinhuangdao, Hebei province, solder components used for building bridges. [Photo/Xinhua]China aims to become the world's leading manufacturer of teleco...

5th edition of Fastener Taiwan 2018 to open in April with expected 410 exhibitors964fastener
fastenerThe 5th Taiwan International Fastener Show (Fastener Taiwan 2018), organized by Taiwan External Trade Development Council (TAITRA), co-organized by Kaohsiung City Government, implemented by TAITRA and Taiwan Industrial F...

Chinese steel ends Western monopoly889fastener
fastenerChina's special steel enterprises have successfully developed an array of high-tech and high value-added products to break the monopoly of established rivals, including those in France, the United States and Japan.Th...

Würth Industry North America Announces Senior Leadership Appointments1014fastener
fastenerWürth Industry North America (WINA) on Wednesday announced the appointments of Mike Buchanan and Miseal Mena to its senior leadership team.Buchanan has been named Vice President of Finance, and Miseal Mena, currentl...

Stanley B&D Grows Sales 17% In Q4, Acquires Nelson Fastener Systems856fastener
fastenerStanley Black & Decker (SBD) reported its 2017 fourth quarter and full year financial results on Wednesday, showing continued accelerated growth for the industrial supply giant, while it also announced a major acquis...

China plans to industrialize smart car technology792fastener
China plans to push forward the development of smart cars and achieve the industrialization of key technology in the field, an official with the country's top economic planner said Monday.China will unveil a three-ye...

Fastenal Sales And Profits Soared In 2017 On Vending, Onsite796fastener
fastenerFastenal reported its 2017 fourth quarter and full year fiscal results on Wednesday, which showed continued strong growth across the board.For the fourth quarter, total sales of $1.09 billion jumped 14.8 percent year-ove...

Midwest Wholesale Hardware Acquires Strauss Lock Distributors888fastener
fastenerHigh Road Capital Partners recently announced that its portfolio company, Midwest Wholesale Hardware (Kansas City, MO) has completed the acquisition of the assets of Strauss Lock Distributors for an undisclosed amount.Ba...

China auto sales shrink in December, end year up 1.4 percent702fastener
fastenerChina's auto sales shrank in December and ended 2017 up a lackluster 1.4 percent over a year earlier as the popularity of SUVs helped to offset falling demand for sedans, an industry group reported Friday.Last month&...

Interview: BMW optimistic about electrified car prospects in China871fastener
With an eye to launching more electrified vehicles in China, German automaker BMW is optimistic about selling more such eco-friendly cars in the world's fastest-growing market, BMW chief financial officer Nicolas Pet...

indometal 2018 grows alongside upbeat infrastructure demand and positive growth in Indonesia's metal and steel sectors859fastener
fastener16 January 2018 – The outlook is strong for indometal - international metal and steel trade fair for Southeast Asia scheduled to take place in Jakarta from 17 to 19 October 2018 at JI Expo, Kemayoran. With just under a y...

Fairmont Supply Acquires Fastener Distributor THB Inc.738fastener
fastenerWashington, PA-based MRO supplied distributor Fairmont Supply Company, on Friday announced that it has acquired Salt Lake City, UT-based fastener distributor THB Inc. Terms were not disclosed.THB, which also has a locati...

Bossard US Sales Jumped More Than 18% In 2017688fastener
fastenerSwitzerland-based fastener distributor Bossard reported its 2017 full year sales figures on Thursday, which showed considerable improvement in the U.S.Bossard posted full year 2017 total sales of $805.7 million, up 13.1 ...

November US Cutting Tool Consumption Up Nearly 10% YoY831fastener
fastenerNovember U.S. cutting tool consumption totaled $185.00 million according to the U.S. Cutting Tool Institute and the Association For Manufacturing Technology (AMT). This total was down 6.6 percent from October’s $19...

Fastener Distributor Index Posts Modest December Increase861fastener
fastenerFCH Sourcing Network and the National Fastener Distributors Association released their monthly Fastener Distributor Index (FDI) for December on Wednesday, showing a modest increase over November.The seasonally-adjusted D...

Vietnam's auto sales down 10 pct in 2017714fastener
Vietnam's total automobile sales in 2017 were 272,750 units, posting a year-on-year drop of 10 percent, the Vietnam Automobile Manufacturers Association said on Thursday.Specifically, sales of passenger cars decrease...

China adjusts tariff policies for major equipment imports699fastener
Chinese authorities have released tariff policy adjustments for imports of major technological equipment in response to changing industrial development in the country.A notice issued by six government agencies including ...

WüRTH GROUP ACHIEVES RECORDS IN SALES AND OPERATING RESULT895fastener
fastener--Sales grow by 7.5 percent to new record level of EUR 12.7 billion--Operating result also at record high--E-business share continues to growAccording to the preliminary annual financial statement, the Würth Group r...

German industrial orders decrease unexpectedly in November823fastener
German manufacturing orders decreased slightly in November 2017, provisional figures released on Monday by the Federal Statistical Office (Destatis) showed.Seasonally-adjusted new manufacturing orders in November fell 0....


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