Latest In Fasteners
Airframe products sales up 18 percent year-over-year.
Profit was up 42.6 percent for the third quarter.
Acquisition expands Lindstrom's product offerings for fastener and industrial distributor customers.
Quarter's highlights include 16.4% increase in FAST Solutions vending machines.
Acquisition to promote Fastenals growth in the aerospace market.
Allfast will become part of TriMas' aerospace segment.
Overall, sales for the aerospace and fasteners distributor increased 72 percent year-over-year.
Profit was up 15.7 percent for the second quarter.
Airframe products sales up 18 percent year-over-year.
Merger will strengthen geographic reach of both companies.
This article is part of MDM's 2014 Distribution Trends Report. It provides a quick look at key trends affecting the fasteners distribution sector.
The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.
The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.
Trends outlined in the 2014 report include:
- Leaving Economic Uncertainty Behind
- Connecting the Dots Online and Offline
- Need for Access Whenever, Wherever, However Drives Mobile Adoption
- Avoiding Information Overload Essential with Analytics
- Making the Case for Millennials in Distribution
- Training, Technology Take Front Seat in Employee Retention Strategies
- Better Inventory Management Through Data, Collaboration
- Distributors Seek More Complete Strategy for Vending
- Private Equity Consolidating Markets
- A More Practical Approach to Product Expansion
- Other Trends
- Trend Snapshots for 13 Sectors
The report also includes the following case studies and interviews:
- 2014 MDM Market Movers
- Engman-Taylors Cost-Saving Teams
- Capitol Coffees Proactive Problem-Solving
- Redwood Plastics Online Success Story
- MDM Market Leader Profiles
- DGI Supply: Building on the Core
- F.W. Webb Takes Diverse View of Market
