Page 1 INSIDE THIS ISSUE Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp • FREE FTI BUYERS’ GUIDE for all paid subscribers Initial Publications, Inc. 1741 Akron Peninsula Rd, Akron, OH 44313 USA Tl: +1 330 864 2122 • Fx: +1 330 864 5298 www.fastenertech.com Chip Lippincott Publisher Mike McNulty VP & Editor Jim Masar Senior Editor Tom Hutchinson Global Sales Manager Presented by: July 17, 2017 Volume 3, Issue 7 Global Industrial Fasteners Market To Top $130 Billion via 5.3% Average Annual Growth over the Next Decade According to Research and Markets, the global industrial fasteners mar- ket is expected to reach US$134.20 billion by 2025. The growing demand for automobiles, electronics appliances, aircraft, industrial machinery and medical equipment will drive product demand over the upcoming years. Furthermore, increas- ing government spending on infrastructure and the machinery sector is expected to aid in the market expansion. The use of industrial fasteners in the maintenance, repair and overhaul (MRO) industry will foresee substantial revenue growth at a CAGR of 5.3% from 2016 to 2025. Rising MRO activities in various sectors including automo- tive, aerospace, electronics, construction and electrical will increase market size. The growing requirement for enhanced efficiency from machines is anticipated to fuel the need for MRO activities, which in turn is expected to spur industrial fastener demand over the upcoming years. The industrial fasteners industry is projected to grow significantly at a CAGR of 5.7% due to the increasing application of fasteners in automotive and construction industries in emerging countries such as China, India, South Korea, Brazil, Thailand and Saudi Arabia. And standard fasteners are expected to see considerable revenue growth at a CAGR of 5.4% from 2016 to 2025 owing to increasing use in applications including medical equipment, electronics, industrial controls, furniture and appliances. www.researchandmarkets.com Bulten Signs USA Automotive Fastener Contract via its Ram-Bul JV with Ramco Bulten AB, Gothenburg, Sweden, has through its joint venture, Ram-Bul LLC in the USA, signed a contract to supply fasteners to a major vehicle manufacturer. The annual order value is approximately US$5.5 million, with a delivery value of US$5 million to Bulten and US$0.5 million to Ramco Specialties Inc. The technical competences within Bulten, along with many years of experience of successfully supplying complex and critical fasteners to the automotive industry, were the main contributors in winning this prestigious contract. Deliveries will start at the end of 2018, and will gradually increase up to full capacity in 2020. After that, deliveries will continue over a number of years related to the life span of the vehicle, which is normally between 5 to 10 years with a gradual slowdown as the car model nears its end. “With this contract, we have made a significant breakthrough on the North American market and further strengthened our position as a manufacturer of high-quality fasteners. We see good opportunities to continue to grow the business and increase our market share”, said Tommy Andersson, President and CEO of Bulten. According to Bulten, the technical competencies within the company, along with many years of experience of successfully supplying complex and critical fasteners to the automotive industry, were the main contributors in winning this prestigious contract. “We continue to strengthen Bulten’s position and we have good potential to further grow our business and gain market shares in the years to come,” concluded Andersson. Globally, Bulten reports that it is continuing to win FSP (Full Service Pro- vider) contracts, and it has been awarded new business this year with a total value of €30 million www.bulten.com NFDA Elects President & Board Members ..... 2 Distribution One’s Cloud-Enhanced ERP......... 2 PennEngineering ® Acquires Whitesell ® .......... 2 FCH to Award Training Scholarship ................ 3 Würth Group Sales Growth: 7.8% ................... 3 Fastener Fair Mexico Grows by 20% .............. 4 EFC Expands Globally....................................... 4 Rodney Holmes to SEFA VP.............................. 4 Megliola to Vertex Distribution President ....... 5 Apex CEO Kent Savage Wins Award .............. 5 Personnel News at Brighton Best ................... 6 Carpenter Reaches into 3D Metal Printing..... 6 Lindstrom Updates 2017 Technical Manual ...6 Nedschroef Acquires CP Tech ......................... 7 Acument Names TORX ® Winners ................... 7 EFDA Publishes Distribution Guide.................. 7 Conference Calls .............................................. 7 FDI Jumps to 64.6 ............................................. 8 Agrati Group’s Innovation Day ........................ 8
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Initial Publications, Inc.1741 Akron Peninsula Rd, Akron, OH 44313 USA
Chip Lippincott PublisherMike McNulty VP & Editor Jim Masar Senior EditorTom Hutchinson Global Sales Manager
Presented by:
July 17, 2017Volume 3, Issue 7
Global Industrial Fasteners Market To Top $130 Billion via 5.3% Average Annual Growth over the Next Decade
According to Research and Markets, the global industrial fasteners mar-ket is expected to reach US$134.20 billion by 2025. The growing demand
for automobiles, electronics appliances, aircraft, industrial machinery and medical equipment will
drive product demand over the upcoming years. Furthermore, increas-ing government spending on infrastructure and the machinery sector is expected to aid in the market expansion.
The use of industrial fasteners in the maintenance, repair and overhaul (MRO) industry will foresee substantial revenue growth at a CAGR of 5.3% from 2016 to 2025. Rising MRO activities in various sectors including automo-tive, aerospace, electronics, construction and electrical will increase market size. The growing requirement for enhanced efficiency from machines is anticipated to fuel the need for MRO activities, which in turn is expected to spur industrial fastener demand over the upcoming years.
The industrial fasteners industry is projected to grow significantly at a CAGR of 5.7% due to the increasing application of fasteners in automotive and construction industries in emerging countries such as China, India, South Korea, Brazil, Thailand and Saudi Arabia. And standard fasteners are expected to see considerable revenue growth at a CAGR of 5.4% from 2016 to 2025 owing to increasing use in applications including medical equipment, electronics, industrial controls, furniture and appliances. www.researchandmarkets.com
Bulten Signs USA Automotive Fastener Contract via its Ram-Bul JV with Ramco Bulten AB, Gothenburg, Sweden, has through its joint venture, Ram-Bul LLC in the USA, signed a contract
to supply fasteners to a major vehicle manufacturer. The annual order value is approximately US$5.5 million, with a delivery value of US$5 million to Bulten and US$0.5 million to Ramco Specialties Inc. The technical competences within Bulten, along with many years of experience of successfully
supplying complex and critical fasteners to the automotive industry, were the main contributors in winning this prestigious contract. Deliveries will start at the end of 2018, and will gradually increase up to full capacity in 2020. After that, deliveries will continue over a number of years related to the life span of the vehicle, which is normally between 5 to 10 years with a gradual slowdown as the car model nears its end.
“With this contract, we have made a significant breakthrough on the North American market and further strengthened our position as a manufacturer of high-quality fasteners. We see good opportunities to continue to grow the business and increase our market share”, said Tommy Andersson, President and CEO of Bulten.
According to Bulten, the technical competencies within the company, along with many years of experience of successfully supplying complex and critical fasteners to the automotive industry, were the main contributors in winning this prestigious contract. “We continue to strengthen Bulten’s position and we have good potential to further grow our business and gain market shares in the years to come,” concluded Andersson.
Globally, Bulten reports that it is continuing to win FSP (Full Service Pro-vider) contracts, and it has been awarded new business this year with a total value of €30 million www.bulten.com
NFDA Elects President & Board Members .....2Distribution One’s Cloud-Enhanced ERP .........2PennEngineering® Acquires Whitesell® ..........2FCH to Award Training Scholarship ................3Würth Group Sales Growth: 7.8% ...................3Fastener Fair Mexico Grows by 20% ..............4EFC Expands Globally .......................................4Rodney Holmes to SEFA VP ..............................4Megliola to Vertex Distribution President .......5Apex CEO Kent Savage Wins Award ..............5Personnel News at Brighton Best ...................6Carpenter Reaches into 3D Metal Printing .....6Lindstrom Updates 2017 Technical Manual ...6Nedschroef Acquires CP Tech ......................... 7Acument Names TORX® Winners ................... 7EFDA Publishes Distribution Guide .................. 7Conference Calls .............................................. 7FDI Jumps to 64.6 .............................................8Agrati Group’s Innovation Day ........................8
DPA Buying Group welcomes new distributors & suppliers
The DPA Buying Group, Cincin-nati, OH, USA, welcomes 14 new USA distributor members to its industrial products division: 1st Choice Fasteners & Tools, Inc.; Carbide Processors, Inc.; Discount Steel (Minneapolis, MN headquarters); Fastener Express, Inc.; Forte Fasteners, Inc. dba Day-ton Nut & Bolt; Janning Welding & Supply LLC; Lubker Distribution; MBY & Sons, Inc. dba Universal Supplies Associates; PBW Distributor; Service Industrial Supply; Trade & Industrial Supply, Inc.; TVS Distributors, Inc. dba TTS Products; Western Ag & Industrial, Inc.; and Wright Brothers Industrial Supply.
DPA also added 11 new USA preferred suppliers: ABC Hammers, Inc.; BoltSizeIt; Bondhus Corp.; Brighton-Best International, Inc.; Eagle Manufacturing Co.; Knipex Tools LP; Motus Logistics; Prime Wire & Cable, Inc.; TPI Corp.; Waterloo In-dustries; and Zip-Up Products, LLC.
DPA is a North American buying/
networking organization with over 700 distributors and 200 preferred suppliers in the industrial, janitorial, safety, packaging and restoration industries.
www.DPAIndustrial.com
Bay Supply now authorized distributor of new Recoil® Inserts
www.Bay Supply.com, a divi-sion of Bay Fastening Systems, Inc., Farmingdale, NY, USA, is the
NFDA Elects President & Board Members Kevin Millier of Bamal Corporation, Charlotte, NC, USA, was elected as the 2017-2018 President of the National Fastener Distributors As-sociation (NFDA), headquartered in Los Alamitos, CA, USA. Kelly Cole of Hayes Bolt and Supply, San Diego, CA, USA, will serve as Vice President; Adam Pratt of Sherex Corporation , Tonawanda, NY, USA is again the Associate Chair; and Marc Strandquist of The Wurth Group, Indianapolis, IN, USA, is Immediate Past President.Two new NFDA Board members were elected: Bruce Hayes of Sems & Specials, Rockford, IL, USA and Doug Ruggles of Martin Fastening Solutions, Florence, AL, USA.Continuing on the NFDA Board of Directors are Kevin Godin of AFC Industries, Fairfield, OH, USA; Rich Megliola of Vertex Distribution, Saint Charles, IL, USA; Jennifer Ruetz of AIS-All Integrated Solutions, Franks-
Distribution One’s Cloud-Enhanced ERPDistribution One, Mount Lau-rel, NJ, USA, has an-nounced the powerful new version of its turn-key Enterprise Resource Planning (ERP) software suite for wholesal-ers and distributors: ERP-ONE+ Cloud and On-Premise.Fulfilling the demand for Cloud deployment flexibility and reli-ability, ERP-ONE+ is a compre-hensive application suite for powering sustained growth and competitive advantage. It is designed for wholesalers and distributors needing broad suite functionality within one fully inter-connected system.
Components, with operations in Waterford, Romulus and Novi, MI, USA and Whitesell® Canada in Vaughan, Ontario, Canada.Whitesell Formed Components, also known as FabriSteel®, is a maker of piercing, clinching and riveting fasteners for the automo-tive market. Whitesell Canada is a technical distributor of propri-etary “design-in” print-specific fasteners and components to the automotive/transportation mar-kets throughout North America.
Wrentham Tool Products has been pro-ducing Cold Heading Tools and Gauging for the fastener industry for over 50 years. We produce both special and standard tooling used to make fasteners, ranging from simple nails to high tech Aerospace screws and bolts. We maintain a large inventory of tooling, strategically located worldwide. Wrentham is proud to have the reputation for the highest quality and the most dependable delivery perfor-mance in the industry. We are licensed to manufacture TORQ-SET®, ACR® ribbed TORQ-SET®,PHILLIPS SQUARE-DRIV®, ACR® ribbed PHILLIPS®, ACR® ribbed PHILLIPS II®, MORTORQ®, HEXLOBE, TORX® and QUADREX® products.
www.wrenthamtool.com
114 Fastener Focus October2007 October 2007
Volt Industrial Plastics Inc.
Booth 751Volt Industrial Plastics’ subsid-iary JV Tool, can design and produce unique plastic fasteners and injection molded parts that you need. Our catalog contains our current parts or visit our materials page for a list of the polymers, co-polymers, and res-ins we use to manufacture our precision plastic fasteners.
ville, WI, USA; Jun Xu of Brighton-Best International, Santa Fe Springs, CA, USA; and Dan Zehnder of Trinity Logistics Corp., Waukesha, WI, USA.
www.nfda-fastener.org
BUSINESS & MARKET REPORT
Notebook
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first USA distributor of new Recoil®
tangless helical inserts. This new fastener technology of tangless and threaded inserts has now moved from Euro-pean and Asian markets to the USA.
These new inserts do not require a tang to complete the installation process, but instead employ a driv-ing notch. Without a tang to possibly break off it eliminates a full step in the installation—no vacuuming or tang extraction. This new design is ideal for high-volume applica-tions wherever high-precision and smaller diameters are required.
www.baysupply.com
3M leadership appointments 3M, St. Paul, MN, USA, has ap-
pointed Michael F. Roman Chief Operating Officer (COO) and Exec. VP, and Hak Cheol (H.C.) Shin Vice Chair and Exec. VP. Both will report directly to Inge Thulin, 3M Chairman of the Board, President and CEO.
Roman will have direct responsi-bility for 3M’s five business groups, along with the company’s Interna-tional Operations. Shin will lead critical global functional teams including Research & Development, Strategy and Business Develop-ment, Supply Chain Operations and Information Technology. Business Transformation, which is enabling 3M to serve customers with even greater agility and efficiency, will also be part of his responsibilities.
Also, the 3M Board of Directors waived the mandatory retirement age of 65 years for Thulin. Other
leadership changes include:• James Bauman is now Exec.
VP, Industrial Business Group.• Julie Bushman is now Exec. VP,
International Operations.• Eric Hammes is now Sr. VP, Busi-
ness Transformation/Informa-tion Technology.
• Dr. Ashish Khandpur is now Ex-ecutive VP, Electronics & Energy Business Group.
• Dr. John Banovetz is now Senior VP. R&D and CTO.
www.3M.com
Shannon Leonard hired at ATFATF has added Shannon Leonard
as its Industrial Market Sales Manager. He will focus on continued expansion into the industrial market through a mix of key distributors and OEM custom-ers. Shannon brings experience in distribution and the industrial mar-ket and a passion for exceeding customer expectations. ATF’s prod-ucts include engineered fasteners, assemblies, cold formed specials and formed and stamped parts.
www.atf-inc.com
Arconic completes early redemption of bonds & notes
Arconic Inc., New York, NY, USA, has completed the previ-ously indicated early re-demption of all its 6.50% Bonds due 2018 and 6.75% Notes due 2018 in the aggregate principal amount of US$100,099,000 and US$344,814,000, respectively.
Holders of the 6.50% Bonds were paid US$1049.99 per US$1000.00 aggregate principal amount of the 6.50% Bonds, or an aggregate of US$105.1 million, plus accrued and unpaid interest up to, but not including, the redemption date, and holders of the 6.75%
Notes were paid US$1054.26 per US$1000.00 aggregate princi-pal amount of the 6.75% Notes, or US$363.5 million aggregate, plus
FCH to Award Fastener Training Institute ScholarshipFCH Sourcing Network has again teamed with the Fastener Training Institute to promote and select a scholarship candidate to be awarded full tuition to the Fastener Training Institute course, “Fastener Training Week”. Once completed, the course qualifies students to sit for the Certified Fastener Specialist exam, a dis-tinguished industry credential.To qualify for selection, candi-dates must work within the fas-tener industry and must submit a brief essay, approximately 300 words in length.Deadline to submit scholarship candidate essays is Sept. 30, 2017. Winner will be announced at the Las Vegas fastener show.www.fastenersclearinghouse.com
Sales Volume at Würth Group Grows by 7.8%The Würth Group, global market leader for trading in assembly and fastening materials, generated sales of €6,391 million in the first half of 2017, for an increase of 7.8% over last year. In local currency terms, this translates into growth of 7.1%. Business development in southern and eastern Europe has also been good where the German group reports growth of 5.2%.
www.wuerth.com
July 17, 2017
Don't Miss On-Demand Fastener Talk Radio!FTR is talk radio for the fastener industry, featuring guests, commentary and conversation designed to
inform and entertain fastener professionals. Available any time in streaming or download formats. Tune in
accrued/unpaid interest up to, but not including the redemption date.
Arconic’s actions in 2017 have re-sulted in the reduction of total debt by approximately US$1.25 billion.
www.arconic.com
Fastener Plus International cuts ribbon on new facility
Fasteners Plus International, a full-line Chicago, IL, USA-based fasteners distributor, has recently celebrated a ribbon cutting ceremony after moving its office to Mokena, IL, USA from Glenview, IL, USA. The ceremony was on June 8, 2017, and was attended by employees, local businesses, members of the Mokena Chamber of Commerce and friends and family.
www.fastenersplusintl.com
Chris Locke to GM at NucorNucor, Saint Joe, IN, USA, has
promoted Chris Locke to General Manager
at Nucor Fastener – Indiana. Locke began his Nucor career in 2008 as Manager of Maintenance and Engineering with Nucor Steel – De-
catur. He also worked as Manager of Melting and Casting. Locke also worked at Arcelor Mittal, North Star BHP and US Steel.
www.nucor-fastener.com
Novaria Group completes purchase of Space-Lok, Inc.
Novaria Group, Fort Worth, TX, USA, has acquired aero-space industry leader Space-Lok, Inc., which will now fall under Novaria Fastening Systems, the company’s collection of leading aerospace fastener suppliers to aerospace manufacturers across the country.
Space-Lok focuses on develop-ment and manufacture of high-quality internally/externally thread-ed fasteners and components for all sectors of the aerospace industry.
www.novariagroup.com
MW Medical Solutions launchedMW Industries, Chicago, IL, USA,
a provider of highly-engi-neered springs, specialty
fasteners, machined parts and other precision components, has launched MW Industries Medical
EFC Expands GloballyEFC International, St. Louis, MO, USA, a leading supplier of engi-neered fasteners, has announced implemen-tation of a worldwide globalization strategy with the opening of offices and ware-houses in China, South Korea and GermanyExpanding its global footprint and investing in key strategic global markets ensures supplier and customer needs are met.“EFC’s physical presence in these countries enhances our relations, providing local support and value by offering a simpler, more cost-efficient way to manage the supply chain,“ said Guenter Ret-kowski, VP International Sales.
www.efc-intl.com
Birmingham Fastener’s Rodney Holmes to SEFA VPBirmingham Fastener has an-nounced that Rod-ney Holmes , Sales Manager of the com-pany’s manufacturing division, has been elected Vice-President of the Southeastern Fastener Association.“Being on the Southeastern Fastener Association board has helped broaden my horizons on many fronts and has introduced me to a lot of wonderful individu-als,” said Holmes.
www.bhamfast.com
Fastener Fair Mexico Delivers 20% Visitor GrowthAccording to show organizers, Fas-tener Fair Mexico delivered outstand-ing business opportunities in its third edition, with visitor numbers increased by 20%. Over 150 companies from 10 countries connected with new and existing customers from June 20 to 21, in Mexico City. Focused on industrial fastener/fixing solutions, the show was attended by over 1600 top decision-makers from Mexican manufactur-ing industries such as automotive, aerospace, construction, mechanical and consumer electronics along with fastener distributors and wholesalers.“We are very pleased with the overall increase in visitors, which was 20% higher than the 2016 show,” said Melissa Magestro, Executive VP of Mack Brooks Exhibitions Inc., “Demand in Mexico is keeping pace with other international markets, and manufacturing levels remain high”
Fastener Fair Mexico also included two days of conferences that were very well attended. A keynote highlighted the Trump effect on Mexican manufac-turing. The inaugural Distributor Busi-ness Development Conference offered improve sales and marketing tactics for distributors. And the Fastener Fair Technology Conference featured ten training sessions.The 2018 edition of the show will be held in Guadalajara and 25% of 2018’s exhibit hall has already been reserved.
www.fastenerfair.com/mexico
www.fastenercoalition.org
BUSINESS & MARKET REPORT
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Megliola to President of Vertex DistributionVertex Distribution, of Houston Wire & Cable Company, an-nounced that Richard Megliola was named President of Vertex Distribution. Megliola brings decades of fastener experience in sales, marketing and opera-tions. He began his career in the fastener industry at Reynolds Fasteners, Inc. Following leader-ship roles with Stelfast Inc. and TItan Fastener Products Inc., Megliola was named Director of Sales North America for Acu-ment Global Technology.
www.vertexdistribution.com
Apex CEO Kent Savage Wins Entrepreneur AwardEY has announced that Kent Savage, founder/CEO of Apex Supply Chain Technologies® is the winner of an Entrepreneur of the Year® 2017 Award in the Ohio Valley region. Savage was recognized in the award’s Supply
Chain Software category and is one of 12 Ohio Valley finalists se-lected by a panel of independent judges to receive this honor.
www.apexsupplychain.com
Solutions to address the specific needs of the medical device and healthcare products industry.
MW Industries Medical Solutions provides precision metal compo-nents for drug delivery and surgical devices, and brings together four industry-leading MW Industries divi-sions under one umbrella brand.
www.mw-ind.com
FIA welcomes Charter Steel & Dyson Corporation
The Forging Industry As-sociation (FIA) welcomes two new members: sup-plier Charter Steel and producer Dyson Corporation.
Charter Steel, Saukville, WI, USA. provides steel bar to the forging in-dustry. Dyson Corporation, Paines-ville, OH, USA, supplies forgings to the defense, industrial, off-highway, agricultural and railroad markets.
www.forging.org
New REYHER warehouseREYHER of Hamburg, Germa-
ny, has constructed a 42 m high new building with two warehouse blocks, one above the other. Build-ing the new warehouse, which is operated using cutting-edge logistic systems, REYHER has increased the number of pallet places from 60,000 to 100,000 and picking-and-packing capacity from the pallet store by a further 30%.
www.reyher.de
Fabory named 4th best wholesaler in the Netherlands
Management Team Magazine, has conducted a sur-vey among 1500 of its Netherlands readers, asking them to score companies in their own industry on customer focus, product leadership and execution. Industry peers have scored Fabory as fourth in the wholesale industry and 65th
of 500 Dutch companies with the best reputation. Fabory said it sees
this as a great compliment to its team members and the basis for increased value to customers.
www.fabory.com
KLX partners with Stanley Black & Decker to develop tooling
Distributor and value-added service provider of aero-space fasteners and consumables, KLX Inc., is partner-ing with Stanley Black & Decker, an S&P 500 diversified industrial com-pany, to develop tooling for all seg-ments of the commercial aerospace and military/defense markets. The partnership will support aerospace and defense industry requirements by combining KLX’s inventory man-agement services with Stanley’s line of power tools, hand tools acces-sories and storage systems.
ville, NY, USA, has announced that its Board of Directors has declared a cash dividend of US$0.45 per share, payable on August 1, 2017, to shareholders of record at the close of business on July 18, 2017.
cdn.mscdirect.com
JIS welcomes Brooke Heisler as Marketing Intern
JIS, Division of Jergens, Inc., Cleveland, OH, USA, has an-nounced that Brooke Heisler has recently joined JIS as the Marketing Intern. She comes to JIS with one year of marketing expe-rience at WISH 99.7 FM radio and two years of office expe-rience at Allegheny Refrigeration, a commercial refrigeration sales and service company.
www.jis.com
Norsk Titanium & Spirit AeroSystems in collaboration
Titanium AS have entered into a commercial agreement to produce 3D-printed structural titanium com-ponents for the commercial aero-space industry. Norsk Titanium’s proprietary plasma arc Rapid Plasma Deposition™ (RPD™) tech-nology will be used to build up the parts to a near-net shape, reducing waste, using less energy and re-ducing product costs by up to 30%.
Spirit builds titanium parts for customers around the globe and expects at least 30% of them could be candidates for the RPD process.
www.norsktitanium.com
Optimas to continue contract with Jaguar Land Rover
Optimas Solutions has formal-ized a continuation to its contract
with Jaguar Land Rover (JLR) for fastener supply to the company’s Castle Bromwich and Solihull man-ufacturing facilities.
The announcement comes as JLR continues to invest in its UK manu-facturing having shown strong growth in the domestic and export markets over recent years.
www.optimas.com
Traceability down to material & batch of axle from Nord-Lock
As of July 2017, the Expander System from Nord-Lock includes
Carpenter Broadens Reach into 3D Metal PrintingCarpenter Technology Corp. will supply Desktop Metal, Inc., with over 20 CarTech® alloy grades to be used in Desktop Metal’s end-to-end metal 3D printing systems in premium materials cartridges. The partnership re-inforces Carpenter as a global producer of powder metals for additive manufacturing.According to Tony R. Thene, Car-penter Technology’s CEO. “Lever-aging the combined capabilities of Desktop Metals and Carpenter Technology, we will undoubtedly bring enhanced value to this rap-idly growing market.”
www.cartech.com
LIndstrom Updates 2017 Technical ManualLindstrom has updated its tech-nical manual for 2017, with all information derived from published standards such as DIN, ANSI, JIS and SN. The man-ual answers the most common questions, and Lindstrom has i n c l u d e d t h e manual on its website to make the information available to its distributors’ customers.
www.lindstromfasteners.com
Bill Davis has been hired as Product Development/Sales Rep at Brighton Best International (BBI). Davis started his career with Paulin Indus-tries, in Parma OH, USA, as a warehouse order picker. He worked his way up to Operations Manager, which oversees all aspects of the company. After 12 years with Paulin he spent four years as a Business Develop-ment associate with Buckeye Fasteners and Ultra Tech Industries.BBI has received several requests to partner closer with distribution by offering more choices in the stainless fastener arena. In response, BBI has announced an expansion of Stainless Small Screw products. The addition of 18 new 410, 18-8 and 316 stainless small screw fami-lies increases the total family count to 32.Jay Gillette, Branch Manager of BBI-Atlanta, has added Product Manager for Sockets/Metrics to his duties. Gillette is based out of the Atlanta, GA, USA office.And congratulations to BBI’s Educational Coordinator, Christine Lechowicz, for becoming a Certified Fastener Specialist from the Fastener Training Institute.Also, BBI Proferred is sponsoring Miss Fix It NYC, a vocational trade school helping trades women do home repairs by empowering them to do their own home maintenance—anything from hanging shelves, to getting their security deposit back by doing easy repairs, to
Personnel News at Brighton Best International
training women to be able to manage a cost-effective renovation efficiently.BBI Proferred would like to “High Five” Nora Hluz, Jessie Portillo, Christine Lechowicz, Gerardo Castellanos and Jef Hren. The High Five award recog-nizes BBI employees who come up with new ideas across all BBI departments.Additionally, BBI’s Minnesota, USA, lo-cation has moved to 21010 Commerce
Blvd., Suite B, Rogers, MN 55374. For more information about the move, you should contact Jason Branca.Brighton-Best International also an-nounces its upcoming Fasteners 102 Training Seminars for 2017.
Conference Calls/Webcasts...• Arconic Inc., New York, NY, USA, will report Q2 2017 financial results July 24, 2017, at 8:30 AM ET, via the Investors section of its website. A conference call and webcast will begin at 10 AM ET. www.arconic.com• Illinois Tool Works Inc., Glenview, IL, USA, will report Q2 2017 results at 7 AM CT on July 24, 2017. ITW will hold its Q2 earnings conference call at 9 AM CT. investor.itw.com • Lawson Products, Inc., Chicago, IL, USA, will report Q2 2017 results on July 27, 2017, with a conference call to review the results at 9 AM ET. www.lawsonproducts.com• WESCO International, Inc., Pittsburgh, PA, USA, will hold its Q2 2017 earnings confer-ence call on July 27, 2017, at 10 AM ET. www.wesco.investorroom.com
Nedschroef Acquires CP Tech; Releases New TICnut®
Koninklijke Nedschroef Holding B.V. has signed an agreement to acquire CP Tech GmbH, a leading component manufac-turer and engineering service provider. CP Tech employs 175 experts in advanced engineer-ing offering complete solutions to many of the world’s most prestigious car manufacturers.And for firms looking to improve productivity and increase ROI, Nedschroef has developed the TICnut® that satisfies the demand for connecting el-ements that are compatible with ever-thinner sheets, sandwich panels and an increasingly di-verse range of materials.
www.nedschroef.com
EFDA Publishes Fastener Distribution GuideThe European Fastener Distri-bution Association (EFDA) has published “Securing the Future”, a 16-pg. insight to European Fas-tener Distribution in the 21st Century. It provides a deep un-derstanding of the complexities of to-day’s fastener sup-ply chain to European politicians, civil servants and regulators.www.efda-fastenerdistributors.org
July 17, 2017
a dot pin marking on each pivot pin including the Expander System brand, lot and part number. This of-fers added value for the users since it improves trace-ability and control. Dot pin marked system pins ensure full traceability down to the material of the axle.
www.nord-lock.com
Grainger launches Gamut.comBroad line supplier of mainte-
nance, repair and operating (MRO) products, Grainger, Chicago, IL, USA, has launched a new e-com-merce capability designed to pro-vide useful information to industrial professionals seeking time-saving solutions for challenging projects.
The new website (seen below) uses a proprietary information sys-tem that manages and organizes a comprehensive list of product attributes, application-specific im-agery and rich, technical data. This enables generation of relevant, cu-
rated search results to help custom-ers quickly find and purchase the right products to get the job done.
www.gamut.com
New TFC Oil & Gas BrochureTFC, Heathfield, East Sussex, UK
has launched its new four-page b r o c h u r e p r o -duced specifically for the Oil & Gas sector. The bro-chure highlights the range of prod-ucts and services TFC now offers to the global industry after 50 years of unrivalled supply and quality.
www.tfc.eu.com
Acument Names TORX® Quality Award WinnersAcument Global Technologies, Inc., Belvidere, IL, USA, has announced the 2016 winners of its TORX® Drive System World Class Quality Awards. Acu-ment established the annual award program in 2005 to recognize its high-performing, qualified licensees. TORX Drive Tool Licensees include: • Pratt-Read, LLC• Robert Schroeder GmbH• Snap-On Incorporated• Western Forge, USA TORX Fastener Licensees include:• Air Industries• Arconic Fastening Systems
& Rings• Arnold Technique• ATF, Inc.• CAMCAR® de Mexico• CAMCAR® LLC Belvidere • CAMCAR® LLC Rochester • Continental Midland, LLC
(Park Forest, IL, USA)• Continental Midland, LLC
(Valparaiso, IN, USA)• EJOT/ ATF Fasteners de Mexico• Holbrook Manufacturing, Inc. • Ideal Fasteners, Inc.• ITW Powertrain Fastening• Lih Ta Fasteners Co., LTD• Semblex• SFS intec AG• Sin Fu Shan International• Stanley Engineered
Fastening/Tri-Star• Topura America Fasteners• TR Formac PTE, Ltd.• Unisteel Technology
(M) Sdn. Bhd.“We applaud our Torx drive licensees who have committed to establish themselves as world-class suppliers,” said Marty Bieschke, Director of Intel-lectual Property and Licensing.
Fastener Fair India 2017: Mumbai Edition Ends Positive
The fourth edition of Fastener Fair India held in Mumbai, India, took place from April 28 to 29, 2017, at the Bombay Exhibition Centre. The exhibition attracted 3632 Indian and interna-tional visitors, and 186 exhibiting companies were present at the two-day event.
The largest edition of Fastener Fair India to date, attracted exhibi-tors from all over the world. While the majority of the show’s exhibi-tors were from India, international exhibitors came from Germany, Italy, France, Spain, China and Taiwan. They showcased a range of industrial fasteners and fixings, assembly and installation systems, storage and logistics services, fas-tener manufacturing technology and construction fixings.
The specialized exhibition at-tracted visitors from many key in-dustry sectors including mechanical engineering, automotive industry and hardware retailing. Distribu-tors, wholesalers and retailers were also in attendance.
Exhibitions (India) Pvt. Ltd. said that Fastener Fair India will return
to New Delhi in 2018. The exhibition takes place from May 18 to 19, 2018, at the Pragati Maidan Exhibition Centre in New Delhi, India.
www.fastenerfair.com/india
Innovation Day Held by Agrati Group
Agrati Group Fastening Sys-tems recently held its Innovation Day 2017 (5th Edition). The event was a meeting organized by the Agrati R&D Department with the partner-ship of Ales Tech, Atotech, Bosch, Hilite, Hoganas, Roland Berger and SDA Bocconi.
The Innovation Day meeting talked about innovation, the future of transportation, different ap-proach to create, drive and realize innovations and how to use new technologies.
www.agrati.com
July 17, 2017
August 11 – 12, 2017 Fastener Fair India New Dehli 2017 New Delhi, India www.fastenerfair.com/delhi
August 23 – 26, 2017 Pac-West Fall Conference Whistler, British Columbia, Canada www.pac-west.org
September 19 – 21, 2017 Fastener Special Show at wire Southeast Asia 2017 Bangkok, Thailand www.wire-southeastasia.com
