Birmingham Fastener Buys Champion Sales & Mfg.
Magnolia, TX-based Champion Sales & Mfg. produces mechanical joint, push-on and other gaskets for the waterworks industry.
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Magnolia, TX-based Champion Sales & Mfg. produces mechanical joint, push-on and other gaskets for the waterworks industry.
The business was “his thing,” and Doug Berry’s daughters had followed their own paths until 2006.
Traditional internal combustion vehicles still dominate, but BloombergNEF predicts electric vehicles will total 70% of the U.S. light vehicle market by 2040.
A general market slowdown, limited material availability for specialty fasteners, lower “panic buying” and Spring Break-related softness weighed on fastener sales growth last month, according to R.W. Baird analyst David Manthey.
Publicly-traded fastener companies reported fluctuating sales driven by varying market conditions.