NEWS >
Strong performances in a competitive year is a phrase which seems to aptly sum up this month’s news round-up, including acquisitions, financial reports and market predictions...

Fastenal implements electric truck pilot program
As part of its sustainable distribution efforts, Fastenal is now running a battery electric Freightliner eM2 straight truck to service branches in the Los Angeles metro area…

WIFI launches four memorial scholarships for members
Women in the Fastener Industry (WIFI) has launched four scholarships to provide funds for members to attend industry-related seminars, workshops and conventions…

Nucor Corp elects Joseph Rupp
to Board of Directors
Nucor Corporation has announced its Board of Directors has elected Joseph D Rupp as a Director, effective immediately…

RAD Torque Systems acquires 60,000 sq ft new facility in BC, Canada
Scheduled to open in late 2020, the state-of-the-art facility is located close to the manufacturer’s roots in Abbotsford, British Columbia…

Earnest Machine purchases National Threaded Fasteners
Effective since 31st January this year, Ohio-based National Threaded Fasteners (NTF) has been purchased by wholesaler Earnest Machine…

Bosch Power Tools has ‘above average’ 2019 in competitive year
Overall Bosch sales hit €77.9 billion, on a par with 2018, but down 11% when taking into account currency effects…

Simpson Strong-Tie owner sees sales and profits rise despite currency headwinds
Simpson Manufacturing, including subsidiary Simpson Strong-Tie, saw net sales grow 5.4% year-on-year to $1.14 billion in 2019.
