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Project(s): View 5 related projects in PECWeb
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Released April 13, 2017 | SUGAR LAND
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Researched by Industrial Resources (Sugar Land)--Fasteners are used to connect two or more components together. Commonly used industrial fasteners include bolts, screws, rivets, clips, nuts, washers, and pins. Fasteners are used in thousands of applications every day, from large hex bolts to tiny jewelry screws. They are basic necessities for construction, manufacturing and assembling applications. Industrial Info is tracking $34 million in active fastener manufacturing projects in the U.S.
The material strength of fasteners, along with their resistance to corrosion, fatigue and temperature fluctuations, play an important role in each industry they serve and vary with different applications. Fasteners made with stainless steel are popular with many industries due to their strength and resistance to corrosion. Plastic fasteners are used for light duty applications such as children's toys, where strength is not a major issue. Titanium fasteners are the choice for the aerospace and automotive industries because they are durable enough to be used in construction. With a positive growth outlook from U.S. fastener manufacturing companies, experts predict a 2.8% growth rate each year between now and 2020, according to the American Fastener Journal.
Fastener manufacturing projects being tracked by Industrial Info include:
The material strength of fasteners, along with their resistance to corrosion, fatigue and temperature fluctuations, play an important role in each industry they serve and vary with different applications. Fasteners made with stainless steel are popular with many industries due to their strength and resistance to corrosion. Plastic fasteners are used for light duty applications such as children's toys, where strength is not a major issue. Titanium fasteners are the choice for the aerospace and automotive industries because they are durable enough to be used in construction. With a positive growth outlook from U.S. fastener manufacturing companies, experts predict a 2.8% growth rate each year between now and 2020, according to the American Fastener Journal.
Fastener manufacturing projects being tracked by Industrial Info include:
- Dexter Fastener Technologies Incorporated's $2 million bolt and washer manufacturing plant upgrade in Dexter, Michigan, will install heat treatment and testing equipment throughout the site. Construction is expected to begin this summer and be completed in the fall.
- Leland Industries Incorporated (Toronto, Ontario) plans to build a $10 million nuts and bolts manufacturing plant in Peoria, Illinois. Construction is expected to begin in the fall of 2017 and be completed in summer of 2018.
- GESIPA Fasteners USA is working to complete a $2 million rivet and metal fastener manufacturing plant renovation and retooling project this spring in Mocksville, North Carolina. The project will renovate 81,000 square feet of manufacturing space, upgrade electrical, plumbing, compressed air systems and retool manufacturing equipment. Construction began in fall 2016.
- Cold Heading Company's (Warren, Michigan) $12.5 million Plant 1 cold-formed fastener manufacturing plant expansion in Fremont, Indiana, includes construction of a 70,000-square-foot building addition plus installing heat treat furnaces. Construction began in summer 2016 and is anticipated to be completed this spring. In addition, Cold Heading Company's $7.5 million Plant 2 cold-formed fastener manufacturing plant expansion in Fremont will include construction of a 78,000-square-foot building addition. Construction began in summer of 2016 and is anticipated to be completed in spring of 2017.
