Ship & Shore Environmental: How green are your fasteners?
“The train has left the station.” Earth Day, plastic waste ‘islands’ floating in the ocean, carrier bag charges, the car emissions test scandal…high profile environmental stories now regularly make the headlines. With a few notable exceptions, governments, industry and individual consumers the world over have realised that changes must be made to protect the environment. Fastener manufacturers – and distributors […]
TIMco invests in Quality Control facilities
TIMco has extended its UK quality control facilities for its growing product base and to provide customers with product training and testing facilities. The independent wholesale supplier of screws, fixings and power tools accessories has spent out on the new QC facilities as part of its latest investment in a new 30,000 sq ft warehouse space. […]
Bülte launches nylon TORX grub screws
Light, good thermal properties, good mechanical strength and non-conductive to electricity (compared with metallic screws), BÜLTE’s new TORX grub screws are manufactured from natural nylon. Also offering good resistance to shocks and resistant to staining, the screws are available in M4 to M12, lengths 6 to 50 mm according to the diameter. Thanks to the six-point […]
Nord-Lock acquires Spanish distributor IDQ
Nord-Lock has strengthened its position in the Spanish market with the acquisition of IDQ Investigación Diseno y Calidad, S.A.U. IDQ has a turnover of SEK 17 million (€1.6 million) and seven employees in 2017. Established in 1997, IDQ has represented Nord-Lock for a number of years. Nord-Lock Group has signed a deal to acquire all shares […]
Bossard’s sales reach record highs in first half of 2018
Following Bossard’s “best quarter ever“, the group has posted record highs in the first half of 2018. Sales in H1 rose 13% to CHF 446.3 million, with growth across all three of its market regions (Europe, America and Asia). Excluding last year’s extraordinary income of CHF 4.5 million net from a real-estate sale, net income […]
Ship & Shore Environmental sets sights on fastener industry
Ship & Shore Environmental Inc, a leading US pollution abatement firm, is to focus its sales and marketing efforts on the fastener industry. As a part of its ongoing 2018 sector diversification strategy as well as the increasing environmental regulations, the company has decided to further strengthen its core industries, including fastener coating. “In a competitive […]
Fastener Distribution: Fundamental changes in 25 years
Increasingly complex global supply chains, vendor managed inventory, quality and knowledge… the fastener distribution game has transformed over quarter of a century. Dr Volker Lederer, president of the European Fastener Distributor Association (EFDA) and owner and Managing Director of Lederer provides his view… This fastener distribution business has changed fundamentally in the past 25 years. I want to clarify: • […]
SIG sells fastener & fixing distributor VJ Technology for £30 million
European supplier of specialist building product SIG plc has agreed to sell VJ Technology (VJT) to Primary Capital, a UK private equity investment firm, following a competitive disposal process. VJT is a UK distributor of technical fixings, fasteners and consumables to the infrastructure, commercial and wider construction industry, and part of SIG Distribution. The sale comes […]
Fastener trading tensions tighten between EU and US
Today marks the enactment of new measures from the European Commission that will impose extra duty on steel and aluminium products from the US. Products that will be slapped with the 25% levy will include certain self-tapping screws, blind rivet nuts, self-locking nuts and more. You can find the full list and details here. The […]
Brexit & the supply chain: Airbus UK future in doubt and logistics industry calls for urgent clarity
The as-yet-unknown impact of the UK’s departure from the EU has hit the headlines again this week, concerning the supply chain and Britain’s place in the aerospace industry. Airbus, the largest commercial aerospace company in the UK, has published a risk assessment study outlining the urgent threats to its business arising from the UK leaving […]