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In 1961 the company was renamed 'Avdel' and substantial growth throughout the next two decades saw it become one of the world's largest manufacturers of blind fasteners and installation tools. Expansion of the group was most significant in the 60s, 70s and 80s with several new facilities established in Europe, USA and the Asia Pacific region.
Because electrolytically zinc-plated surfaces provide comparatively little corrosion protection, and in the case of galvanic zinc coatings on high-strength steel (e.g. category 10.9 and 12.9 high-strength bolts) there is a risk of hydrogen embrittlement, the industry needed a better corrosion protection system.
In 1968, Ritchie Bros. Auctioneers held its first auction with gross proceeds in excess of CA$1 million, in Edmonton, Alberta, Canada. [4]: 39 Edmonton was also the site of the company's first permanent auction site (on company-owned land), which was established in 1976. Until then, Ritchie Bros. had been conducting its auctions on leased land.
The Industrial Fasteners Institute (IFI) [1] is an American non-profit trade and standards organization and publisher, based in Independence, Ohio. It was founded as the American Institute of Bolt, Nut and Rivet Manufacturers in 1931 and changed its name to the IFI in 1949. [ 2 ]
In 2000, Alcoa also purchased Cordant Technologies Inc. for $57 a share in cash, or $2.3 billion, and assumed $685 million of Cordant's debt for a total transaction value of $2.9 billion. Cordant's divisions included Huck Fasteners, Jacobson Mfg. Co., Continental/Midland Group, its 85% interest in Howmet International Inc., and Thiokol Corporation.
Lufkin Industries is an American manufacturing company founded in 1902 and headquartered in Missouri City, Texas.Lufkin is a provider of rod lift products, automated control and optimization equipment and software for rod lift equipment to the oil and gas industry.
Black oxide or blackening is a conversion coating for ferrous materials, stainless steel, copper and copper based alloys, zinc, powdered metals, and silver solder. [1] It is used to add mild corrosion resistance, for appearance, and to minimize light reflection. [ 2 ]
Invercargill is the southernmost city in the Commonwealth of Nations. Invercargill is situated on the fertile and alluvial Southland Plains, which is amongst some of New Zealand's most fertile farmland. Southern Invercargill lies on the shore of the New River Estuary, while the northern parts lie on the banks of the Waihopai River.