Global Industrial Equipment Fastener Market Companies
The major companies are active in the STANLEY Engineered Fastening, W.W. Grainger, Inc., Fastener Solutions Inc., and others. Through their strategic alliance and collaboration, these firms are continuously upgrading and creating innovative solutions for industrial fasteners. Rapid industrialization has increased the need for industrial equipment fastener solutions across a range of sectors. As a result, several major firms are concentrating on improving supply chains and developing fattener products, materials, or coatings, by acquiring these companies, the market is anticipated to grow.
List of Key Players in the Market:
- STANLEY Engineered Fastening
- W.W. Grainger, Inc.
- Fastener Solutions Inc.
- Fasteners Direct
- Universal Precision Screws
- Gemsons Precision Engineering Pvt Ltd.
- ITW Corporate Group
- Slidematic
- Birmingham Fastener and Supply Inc.
- Würth Group
- MW Industries (MWI).
- All-Pro Fasteners
- Nifco Inc
- Hilti
- Ningbo Weifeng Fastener Co.
Recent News:
Recent Developments:
- In November 2024, Assembely Fastnerrs, Inc. was acquired by Endries International, Inc., a prominent industrial fastener manufacturer. The objectives of this purchase were to increase value, spur expansion, and fortify a mutual commitment to quality, innovation, and superior customer service in the fastener sector. This partnership made portfolio for AFI, to grow national wide and provide excellent value to their customers.
- In August 2024, Auge Industrial Fasteners (AUGE) was acquired by Lamons, a Houston, Texas-based provider of precise safety sealing and attaching solutions. This acquisition of AUGE to Lamons’ platform is anticipated to enhance the company’s ability to meet market demands from its customers across a more regionally-focused supply chain in fastening solutions.
- In August 2024, Montage Patners made an investment in Military Fasteners, a business-to-business online distributor of mil-spec fasteners mainly serving clients in the defense and aerospace sectors. Montage Partners' investment was aimed at accelerating Military Fasteners' growth, particularly as the company expands its market share and increases its capabilities in the aerospace and defense industries.
- In May 2024, IperionX Limited and Vegas Fasteners Manufacturing, LLC have partnered to design and produce precise components and titanium alloy fasteners using IperionX's cutting-edge titanium products. The goal of this collaboration was to create and produce precise parts and titanium alloy fasteners for the US Army Ground Vehicle Systems Center (GVSC). It is also aimed to produce fasteners for various sectors, such as aerospace, naval, oil & gas, power generation, pulp & paper and chemical.
- In September 2023, With the acquisition of Elgin Fastner Group, a manufacturer of specialty fasteners, MW Components aimed to broaden its product line and provide one of the most complete sets of specialty fasteners available, including custom fasteners such as nuts, bolts, rivets, and screws in addition to a wide variety of in-stock components.