Months ago show director Susan Hurley predicted the 36th National Fastener & Mill Supply Expo would top 1,000 booths. The 2016 trade show this week has 761 companies in 1,000.5 booths. A half booth? CLICK HERE FOR MORE ON THIS WEEK’S TRADE SHOW IN LAS VEGAS.
The FIN Fastener Stock Index continued to improve in the third quarter of 2016, as automotive fastener stocks continued to grow and companies with aerospace fastener holdings rebounded from a disappointing first half of the year.
“Find ways to raise prices on slower moving items,” consultant Jason Bader, the 2003 president of the Specialty Tools & Fasteners Distributors Association, told the Pacific-West Fastener Association. Bader’s list of ways to get rid of dead stock includes contacting competitors. “The longer we hold on to it, the worst it gets,” Bader concluded.
“Manufacturing Day truly dispels old, negative myths about manufacturing and highlights the shift from a labor-intense environment to one of high-tech, robotics and computers,” panelist Chris Kuehl observed. “The open houses help eliminate images people may have of dirty, dangerous factories from days of yore.”
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