Apex Supply Chain Technologies expands senior EU team
Provider of automated dispensing solutions, Apex Supply Chain Technologies, has expanded its senior management team with four new appointments to address industry demand for automated dispensing solutions in several key market segments within the EU. The four new appointments are applying their deep industry-specific expertise to customer needs in the areas of asset management, industrial […]
TR Fastenings supports Superbikes star Ryan Strafford
TR Fastenings (TR) has become an official sponsor for Ryan Strafford, a Superbikes racer who has enjoyed huge success on the track since beginning his racing career six years ago. Ryan Strafford established his relationship with TR via his role at Press-Form Machinery Ltd, the UK’s official agent and service partner for Haeger Insert Presses. […]
Lederer plays host to Taiwan Fastener Trading Association
Lederer, German specialist in the field of fasteners and C-parts management, received the Taiwan Fastener Trading Association (TFTA) at the beginning of June. On their five-day European trip, the 40-strong TFTA delegation visited a number of companies including two in Germany: one of those chosen was Lederer, the family-run firm based in Ennepetal. With a workforce that has now […]
Fastenal’s fastener sales grow 6.7%
Fastenal’s May results revealed a rise in net sales of 14.9% to $383 million from $334 million. North America’s largest fastener distributor saw fastener sales grow 6.7% – or 3.1% excluding the acquisition of Mansco. The Mansco acquisition saw Fastenal add 118 stores in April 2017. The total store count now stands at 2,484 – down from last […]
TFC Keighley branch moves to new 10,000 sq ft premises
TFC Europe has opened a new location in Keighley, West Yorkshire, UK. The fastener distribution business has six UK locations and supplies over 3,000 customers. TFC’s new branch within Acre Park, Dalton Lane enhances the company’s regional support for existing customers and creates opportunities for new customers to benefit from TFC’s local stock management services; […]
BUFAB’s back on the acquisition trail with Thunderbolts purchase
Bufab, through its subsidiary Montrose Holdings Ltd, has signed an agreement to acquire 100% percent of the shares in the privately-owned company Thunderbolts Group Limited, in Southampton, UK. The acquisition will be completed with immediate effect, and will be reported in Bufab’s segment International. The move comes within six months of Bufab’s acquisition of fellow […]
Screwfix continues to shine for Kingfisher in Q1 2017
Kingfisher, the group behind global DIY stockists Screwfix, B&Q, Castorama and Brico Dépôt, saw sales fall slightly in Q1 2017, down 0.6% like-for-like, to £2.9 billion. Sales in France – where the Castorama and Brico Dépôt brands operate – were weaker and disruption from the ONE Kingfisher plan were blamed for the small dip. However, Kingfisher […]
Hall-Fast Industrial Supplies stars in Radio 4 Brexit-themed Today programme
Hall-Fast Industrial Supplies founder and MD Malcolm Hall MBE was interviewed for BBC Radio 4’s Today programme last week. The programme quizzed businesses in Nottingham on the forthcoming General Election and Brexit negotiations. Hall told the BBC: “I was pro-Brexit and I voted to leave. The opportunities out there for UK businesses are vast. Businesses […]
BUFAB USA opens new office and warehouse in Atlanta
Suwanee, Atlanta is the site of a strategic new office and warehouse for Bufab USA. The new facilities will complement Bufab’s USA HQ in New York and have been launched following growth in North America. Bufab said: “Atlanta is an important Hub for the industry in the southeastern part of the US and we can […]
Countdown to Torque-Expo Singapore: Malaysia focus
Penang-based Chin Well Holdings produces over 3,000 types of fasteners and is one of the most significant fastener players in Malaysia, with 600 employees and fastener revenues of RM101.46 million (approximately £18m) in the last reported quarter. According to local news outlet the Star.com, Chin Well is set to benefit from steel production curbs in China with the wire rods […]