Generational Equity, a mergers and acquisitions advisor for privately held businesses, has announced the sale of its client, JLL49RS, L.L.C. (dba Fastco of Charlotte) to a private investor. The acquisition closed April 7, 2022. Founded in 1980 and located in North Carolina, Fastco of Charlotte is a tool and fastener distributor. The company works with…
Bostik launches sustainable WL* range in its Born2Bond Anaerobic Adhesives portfolio
Bostik, an Arkema company, has recently launched in EMEA a safer and more sustainable WL* range offering within its Born2Bond Anaerobic Adhesives portfolio of engineering adhesives, with seven alternatives to the standard high-performance products. It provides the maintenance, repair, and overhaul (MRO) industry with the widest-ever range of anaerobic engineering adhesives that do not carry hazard labels, significantly…
Kistler unveils new electromechanical joining module
Kistler is adding a compact, weight-optimized system to its portfolio: the new NCFC electromechanical joining module. This is a highly suitable solution for clinching and riveting applications, as well as for assembly and joining processes that require force-displacement monitoring. Another highlight of the new NCFC servo press: it needs little installation space, so weight and…
Automotive fastener market revenue to hit $21.5 billion by 2028
The automotive fastener market is set to reach U.S. $21.5 billion by 2028, as reported in a research study by Global Market Insights Inc. The development of more versatile, universal fasteners is expected to boost the production statistics. Automotive fasteners are playing a major role in terms of new and specific applications, including the electrification of vehicles and…
Endries acquires Old Dominion Fasteners
Endries International, a distributor of fasteners and class-C parts serving industrial OEMs, announced that it has acquired certain assets of Old Dominion Fasteners, Inc. Founded in 1995 in Lynchburg, Virginia by Mack McCormick, Wanda Hicks, and Gary Kitts, Old Dominion was built with a commitment to customer service. The company provides a full line of…
New electrically conductive epoxy ideal for assembly of medical devices
Master Bond‘s EP4G-80Med is a one-part epoxy that’s designed for use in the assembly of medical devices. It complies with the ISO 10993-5 guidelines and is considered to be non-cytotoxic. This system is formulated with a non-metallic, graphite filler, which leads to good thermal and electrical conductivity. It possesses a thermal conductivity of 1.44-1.73 W/(m•K) and…
Century Fasteners launches Rivet Locator app
The Rivet Locator from Century Fasteners Corp is a mobile app, offering one of the fastest way to find structural rivets. Users can search from thousands of structural rivets and request a quote while using a smartphone or tablet. Simply download the Rivet Locator (you can scan the QR code on this page) to register.…
AAM to acquire Tekfor, a specialist in automotive fasteners and metal parts
American Axle & Manufacturing Holdings, Inc. (AAM), a global Tier 1 automotive and mobility supplier, announced that it has entered into a definitive agreement to acquire Tekfor Group. Tekfor is a specialist in automotive fasteners and metal-formed components for driveline, powertrain, and e-mobility applications. Based in Germany, it has 2,100 associates in Europe and the Americas…
LindFast acquires Fasteners and Fittings
LindFast Solutions Group (LSG), a master distributor of specialty fasteners in North America, has announced the completion of its purchase of Toronto-based Fasteners and Fittings, Inc. (F&F). Similar to LindFast, Fasteners and Fittings has a top market position in imperial, metric, and stainless steel fasteners. The potent combination of F&F’s market position and LSG’s in…
Howmet Aerospace releases new report reflecting its commitment to sustainability
Howmet Aerospace has released its 2021 Environmental, Social, and Governance (ESG) report. The report highlights the company’s commitment and approach to sustainability, as well as detailed results against its key metrics, which are designed to drive significant positive impacts for its stakeholders and surrounding communities. Headquartered in Pittsburgh, Pennsylvania, Howmet is a global provider of…