Construction demand and spending are strong with peak building season underway, and, particularly for homebuilders. According to the U.S. Census Bureau, in 2021, total new housing starts rose more than 15% from 2020 to 1.60 million — the most since 2006. To this end, DEWALT, a Stanley Black & Decker brand, is sharing its top…
Registration now open for the International Fastener Expo
Registration is now open for the International Fastener Expo (IFE) 2022, the largest industrial fasteners, tooling, and machinery event in North America. This year, the event takes place from October 17th to 19th at the Mandalay Bay Convention Center in Las Vegas. Typically, thousands of attendees from 30+ countries visit the International Fastener Expo to…
The Böllhoff Group acquires Gillis Aerospace
In January 2020, The Böllhoff Group acquired 40% of shares in Gillis Aerospace, a company with 50 years of experience in the field of aerospace fasteners manufacturing. As of June 2022, the Böllhoff Group has fully acquired Gillis with the goal of expanding its aerospace product and competence portfolio. “With its comprehensive manufacturing portfolio, material…
KwikPro crowdfunding new motor-handle, power tools
KwikPro is launching a new crowdfunding campaign for its unique, power-it-all tools on Kickstarter.com scheduled to start on Tuesday, June 21, 2022. The patented KwikPro motor-handle system aims to compliment and revolutionize the world of power tools with its stand-out capabilities and innovative versatility. KwikPro is aimed at both professional and leisure users. Created and…
Univar Solutions to hold “Innovation Day,” highlighting its technical and R&D capabilities
Univar Solutions is hosting a virtual “Innovation Day” on June 22. This daylong virtual event will showcase the company’s global suite of lab and technical capabilities, industry, application, and specialty ingredient formulation expertise from its global network of Solution Centers. Univar is a supplier of chemicals and raw materials for coatings, adhesives, sealants, and elastomers…
The construction adhesive tapes market expected to reach $3.1 billion by 2027
The construction adhesive tapes market is estimated to hit U.S. $2.5 billion by the end of this year, reaching $3.1 billion by 2027. This is at a CAGR of 4.6% between 2022 and 2027, according to a new report from ReportLinker. The demand for construction adhesive tapes in building and construction projects is one of…
TriMas Aerospace awarded Boeing T-7A defense contract
TriMas announced that its TriMas Aerospace group is further expanding its defense business through the award of multi-year contracts with Boeing. TriMas Aerospace designs, engineers, and manufactures engineered ducts and fasteners for the global commercial and military aerospace industry under several brands, including RSA Engineered Products, Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners,…
GelSight Mobile streamlines quality inspection, production line, and MRO workflows
GelSight, a pioneer in tactile intelligence technology, recently announced the release of GelSight Mobile 2.4. This software update for GelSight’s handheld mobile devices provides new features such as shot-peen measurement and enhanced pit detection, expanding the applications of GelSight Mobile in quality inspection, production line metrology, and maintenance and repair operations (MRO) workflows. With GelSight…
Ellsworth acquires TapeCase
Ellsworth Corporation, a global distributor of specialty chemicals including resins, adhesives, and related equipment, has announced the acquisition of TapeCase Ltd. TapeCase’s converting services and tape offerings will complement the Ellsworth Corporation portfolio of products and services. The company designs, converts, manufactures, and distributes highly engineered adhesive tape products. TapeCase is also a 3M-preferred converter…
Nucor to acquire two related steel utility and infrastructure manufacturers
Nucor Corporation announced that it has entered into an agreement to acquire Summit Utility Structures LLC and a related company, Sovereign Steel Manufacturing LLC, producers of metal poles and other steel structures for utility infrastructure and highway signage. These companies will become part of a new business unit, Nucor Towers & Structures, serving the utility,…