International Fastener Latest News Dynamics

Fastener Company Acquisitions: AFC Industries acquired Philadelphia - based Globe International Corporation. Globe is a leading supplier of fasteners, door hardware, and galvanized aircraft cable, specializing in value - added kitting and other services. Genesys Industries acquired 100% of Latrobe Foundry Machine & Supply Company, a leading manufacturer of high - quality threaded and flanged aluminum pipe fittings and hardware.
Personnel Changes in Fastener Companies: AFC Industries welcomed Joe Shoemaker as vice president of marketing, North America. Axel Berntsson became the new president and CEO of the Bulten Group. Jeff Watts was promoted to president and chief sales officer of Fastenal, while Dan Florness continued as CEO.
Fastener Training Activities: The Fastener Training Institute (FTI) announced a fastener basics four - part webinar series. Students can learn over lunch on four Thursdays starting from March 28th. The Midwest Fastener Association held a seminar titled "Fascination with Fasteners" on March 21, 2024, in Elk Grove Village, IL, aiming to enrich the knowledge of fastener industry professionals.
Technology and Product News: Optimas received the Caterpillar Supplier Excellence Award. Valley Forge & Bolt launched an Android app accessory. RAD developed a powerful battery - powered torque wrench. General Inspection unveiled VisionLab.