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Latest In Fasteners
Location now operates as Kansas City Winfastener Co.
Emerging markets posted the strongest sales growth for the global distributor.
Daily sales to manufacturing customers grew 20% in 2011.
The acquisition will expand Field’s presence in the southwestern U.S., Canada and Mexico.
For the first six months of the fiscal year, Precision Castparts’ sales were up 17 percent.
Anixter saw sales growth in all geographic regions during the quarter.
Elgin sells fasteners through its Ohio Rod Products, Chandler Products and Leland Powell Fasteners divisions.
Anixter to sell division to Greenbriar Equity Group for $155M.
Fabory had 2010 sales of $300 million.
Profit for the manufacturer was $285.6 million.
Sales growth for the distributor of communication and security products, electrical and electronic wire & cable, fasteners and other small parts was broad-based across geographies.
Overall growth, including acquisitions, for the manufacturer and distributor was up 25.8%.
Fastenal opened 75 new stores during the first six months of 2011.
PB Fasteners manufactures and designs fasteners for airframe applications.
Organically, sales for the electrical and fasteners distributor increased 13 percent.
Profit for the distributor improved 42 percent in a year-over-year comparison.
Sales for fasteners distributor increased in all geographic regions.
Acquisition fits with Tramec’s goal to diversify its customer base.