Same location in Stuttgart, Germany, for the March 21-23, 2023, trade show with ‘global’ rebranding.
“We are operating in difficult economic and political conditions: The war in Ukraine, material and supply shortages, and price increases continue to be challenging,” stated chairman Robert Friedmann.
The Swiss fastener manufacturer “significantly” expanded its market presence in Canada by acquiring PennEngineering’s Canadian distribution business, a deal in line with its strategy to “expand its capabilities in the U.S.”
Machining specialist CNC Onsite ApS unveiled an on-site repair service and tool to replace damaged threaded inserts in wind turbine blade roots, Fastener + Fixing Magazine reports.
Larry’s son and current Empire Bolt & Screw Inc. CEO Ron Stanley credited his father’s sales ability for those initial successful years while building the business.
Surging demand for commercial & residential housing projects and government spending on infrastructure will drive CAGR of 4.3%.
Navistar is recalling more than 31,000 trucks and buses because improperly heated fasteners could fail and destabilize steering functions.
Founder Martin Calfee “always had a pen to take orders.”
The consensus in Taiwan is that fastener orders will jump in the first half of 2023, as investors hope for an end of the Russia-Ukraine war and a halt of U.S. interest rate hikes.
Online buying is 83% higher than pre-Covid, STAFDA consultant tells distributors. “The alternative to the Internet is downsizing or closing.”
The difference between “training” and “education” is the “why,” stated the president of the Specialty Tools & Fasteners Distributors Association. “Why does it matter, why are we doing it this way, why does it impact the customer?”
“If you are curious and pay close attention, you will learn what’s important to them and what factors will encourage them to commit to you,” author Steve Yastrow said at a Specialty Tools & Fasteners Distributors Association session during its 2022 convention.
Optimas Solutions promoted Mike Tuffy to CEO, International, and Daniel Harms to CEO, Americas.
The recall of the 2022 Rivian R1T, R1S, and EDV models represents about 90% of vehicles produced by the automaker.
Rebranded as Fastener Fair Global, the trade show was first held in 2005 and grew to the world’s largest by 2009.
Ask people consistently “What do you like about working here?” and “What don’t you like?” Eric Chester told the Pacific-West Fastener Association. “Give them a chance to talk.”
Ask questions and then “ask a few extra questions of your customer,” Rich Pease of RK Precision Products advised a Mid-West Fastener Association conference session.
As geopolitical tensions rise between the U.S. and China over the fate of Taiwan, GlobalFastenerNews.com examines a list of top fastener companies on the island.
“No one wants to get their hands dirty. No one wants to work in a warehouse 80 hours a week.”
Amid strong quarterly results, ParkOhio acquired two companies: Winston-Salem, NC-based Southern Fasteners & Supply and Charter Automotive (Changzhou) Co. Ltd. in China. Both will be included in ParkOhio’s fastener segment: Supply Technologies.