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Wurth Industry North America Acquires Fasco Fasteners 2019-10-31
Wurth Industry of North America(WINA)announced that it has acquired Fasco Fastener, a strong brand and 40 year distributor of stainless steel, silicon bronze and brass fasteners to the wholesale, OEM and large retailer trade. The purchase will better serve the needs of wurth...
MoreFastener Sales from China to Europe grow 12. 8% This July 2019-10-30
This June China's fastener sales to Europe slipped to 67, 487 tons and the sales this July bounced back to 70, 420 tons, up 4.3% from June(and up 12.8% from the same period last year). However, the export price of Chinas fasteners to the EU continued to drop and the cumulativ...
MoreIFS China_Overseas Promotion Swept the world In October 2019-10-29
Last month, IFS China participated in The Fastener Expo in Birmingham, U.K, International Fastener Expo in Las Vegas, USA and IIHT-Hand Tools & Fastener Expo in Mumbai, Indian. IFS China members expanded their promotion efforts again. So, what did IFS China members ...
MoreSino-US economic ties set to improve 2019-10-28
Economic cooperation between China and the United States is expected to strengthen and help contain prolonged trade tension as cooperation is in line with the interests of both sides and China keeps advancing high-level opening-up efforts, experts said.Huo Jianguo, former preside...
MoreU. S. DoC Issues Preliminary AD Duty Determinations on Carbon and Alloy Steel Threaded Rod 2019-10-25
U. S. DoC Issues Preliminary AD Duty Determinations on Carbon and Alloy Steel Threaded Rod from China, India and TaiwanOn Sep 20, the U.S. Department of Commerce announced the affirmative preliminary determinations in the antidumping duty(AD)vestigations of imports of carbon and ...
MoreHigh-end Fastener Market Value in China to Reach RMB59 Billion In 2019 2019-10-24
Fastener production in China has been growing steadily in recent years. In 2014 the total production was 7.2 million tons and grew to 7.28 million tons in 2015, 7.42 million tons in 2016, 7.47 million tons in 2017 and 7.6 million tons in 2018.The momentum in the automotive, high ...
MoreCollaboration key to restoring China-US ties, forum told 2019-10-23
Greater efforts at collaboration and understanding between China and the United States have been urged by experts as a way of shoring up a bilateral relationship that is being challenged on a number of fronts.Business executives, think-tank experts and policymakers from both coun...
MoreChallenging business environment, says Bossard 2019-10-22
Bossard Group says it continued to face challenging market conditions in Q3 2019. Sales in the quarter were up 2.7% year on year to CHF 218.5 million(+3.2%in local currency). American business conditions were difiicult.For the first nine months, Bossard posted sales of CHF 669. 4...
MoreAcross China: Machine maker sets sail for global market 2019-10-21
Zhengzhou Coal Mining Machinery (Group) Co., Ltd., the world's largest powered roof support manufacturer based in central China's Henan Province, has made significant strides in breaking into the global market.With an annual production capacity of 30,000 units of powered ...
MoreIn the first half of 2019, net profit of GEM-YEAR reached 81.67 million RMB 2019-10-21
Recently, GEM-YEAR announced financial report in the first half of 2019. It is reported that operating income reached 16.46 billion RMB, an increase of 5.98% year on year. Net profit reached 81.67 RMB, an increase of 35.97% year on year.As reported, the increase of operating inco...
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