Here’s the stories you need to be following in fastener industry news, scholarships and upcoming events making headlines the week of April 22, 2024. IN THE NEWS: Watch now on FastenerTV at YouTube: (13:11) Happy 89th Birthday, Prof. Dr. h. c. mult. Reinhold Würth This past Saturday, April 20, 2024 Prof. Dr. h. c. mult. Reinhold Würth, Chairman of the Board of the Würth Group celebrated his 89th birthday! The Würth Group has been family owned since it was founded in 1945 by Prof. Würth’s father, and management was taken over by Prof. Würth in 1954 when he was just 19 years old. He continu ..read more

4/18/24 | BLACKHAWK TEAM TULSA, OK (April 18, 2024) -BlackHawk Industrial, a market-leading distributor of metalworking and other mission-critical industrial products, continues to accelerate its expansion efforts with the announcement of two key appointments to its national Supply Chain Solutions vending operations team.  BlackHawk is focused on enhancing customer service and efficiency and is rapidly becoming a well-known force in providing comprehensive vending solutions to companies of all sizes as it further strengthens and expands its position as a premier choice for Su ..read more

            NEWS PROVIDED BY: Allied Market Research  Apr 02, 2024   Technological advancements such as surface treatments and coatings have led to the development of advanced fasteners that offer superior performance characteristics, such as higher strength, corrosion resistance, and ease of installation. These innovations drive market growth by expanding the applications of fasteners across various industries. WILMINGTON, Del., April 2, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Fasteners Market by Pro ..read more

Here’s the stories you need to be following in fastener industry news, acquisitions and upcoming events making headlines the week of April 15, 2024. Watch now on FastenerTV at YouTube: (13:40) IN ACQUISITION NEWS: Martin Supply, one of the nation’s leading providers of custom-tailored solutions for maintenance, repair, operation, and production supplies announce the acquisition of Trinity Hardware Headquarters (THHQ) from Agrisolutions (AGS), a leading global manufacturer of wear parts, components, and accessories. This acquisition marks a significant milestone in Martin Supply’s dedicati ..read more

  The National Fastener Distributors Association (NFDA) is honored to announce that the 2024 recipient of its Fastener Professional of the Year award is Marc Strandquist. In his nomination of Marc, Doug Ruggles stated “I don’t know anyone who has had a broader impact on the industry driving professionalism, growth, and a commitment to giving back. He was beloved by his team and customers because of his ability to connect with them and truly care for their goodwill.” Marc Strandquist Marc graduated from Guilford High School in 1980 and Southern Illinois University with a bachelor’s deg ..read more

Here’s the stories you need to be following in fastener industry news, acquisitions, industry award, recognitions, and upcoming events making headlines the week of April 8, 2024. Watch now on FastenerTV at YouTube: (18:37) IN THE NEWS: Fastener News Desk is in the path of totality as we experience a total solar eclipse that will take place today Monday, April 8, 2024. The eclipse will be visible across North America with vantage points stretching from Texas to Maine. A solar eclipse occurs when the Moon passes between Earth and the Sun, obscuring the image of the Sun for a viewer on Earth ..read more

      By Reuters   April 11 (Reuters)    Industrial supplies maker Fastenal (FAST) missed Wall Street estimates for first-quarter results on Thursday, hurt by weak demand and lower pricing for its fasteners, while adverse weather also crimped sales. Shares of the Winona, Minnesota-based company fell about 6% in premarket trading.   Rising financing costs for big residential projects due to elevated interest rates and adverse weather events have slowed down U.S. construction activity, hurting companies like Fastenal.   Fasteners, one of the ..read more

Marc Strandquist Memorial Scholarship Marc Strandquist Scholarship For Fastener Training Week Marc Strandquist worked 37 years in the fastener industry. He was known for his industry knowledge, strategic perspective, leadership, and business acumen. Marc started his career in the fastener industry as a salesman in 1986 and worked his way up to the CEO of two different global fastener companies during his career. During his career he accomplished a lot, but he prided himself on creating positive work cultures and employee engagement. Marc had a drive to mentor and guide people in their care ..read more

April 15, 2024 FLORENCE, AL – Martin Supply, one of the nation’s leading providers of custom-tailored solutions for maintenance, repair, operation, and production supplies, proudly announces its acquisition of Trinity Hardware Headquarters (THHQ) from Agrisolutions (AGS), a leading global manufacturer of wear parts, components, and accessories. Based in Waukesha, Wisconsin, THHQ specializes in the supply of standard and custom components through catalog distribution, customized inventory management programs and product delivery services. This acquisition marks a significant milestone in Mar ..read more

April 8, 2024 TFC, an AFC Industries Company and leading provider of vendor managed inventory solutions and technical engineering products, has made a further acquisition in the O-Rings and Seals market, acquiring Midlands based Supaseal.  Supaseal is a major player in the rubber seals industry, growing a business which started in 1991 to now supplying a wide range of O-Rings, Rotary Shaft Seals, Bonded Seals, Circlips, and associated products to customers in the UK, Europe, the U.S., Middle and Far East. TFC had already acquired EAP Seals located in Manchester in April 2023 and this m ..read more