Two of its manufacturing locations received the 2018 General Motors Supplier Quality Excellence Award for operational excellence and quality control.
NEWS BRIEFS
After two years in development, NEF gains multiple tools “in virtually every department, which will significantly enhance the NEF customer experience,” president Eric Webster announced.
Strandquist started in the fastener industry in 1986 with Rockford Products. He had been with Würth from 2001 to 2019, where he served as executive VP of the Würth Group and CEO of Würth Industry North America.
“We did it! Field is now a $100MM company,” the company stated on Twitter. Field has averaged a 19% growth rate since 1990.
Fiscal year-to-date, page-one keywords are up an average of 50% on hisco.com, and 93% on all-spec.com, compared to the previous year.
Participants at the Specialty Tools and Fasteners Distributors Association’s NextGen Networking luncheon received advice from business executives, including tips on advancement, mentors, succession and upcoming challenges.
“Surround yourself with good people, give them the tools they need to be successful, and get out of the way,” stated CEO Brad Tinney.
The non-technical webinar will provide tools and resources needed to stay up-to-date on the latest efficiencies in working with fastener technical data.
Brandon McVaugh began with LTI while a student. After college he worked with the Vanguard Group – fulfilling a company policy requiring family members to work five years outside the business before joining LTI.
William Jones reportedly hid statements showing he used the Spokane, WA, distributorship’s credit card to pay for personal expenses, including his daughter’s college tuition and landscaping at his residence. Fastenal acquired Fasteners Inc. in 2015.
The tracks in the Sunday-through-Wednesday schedule are: Distribution strategy; leadership / professional development; management + HR; marketing; operations; and sales.
By end market, overall sales to manufacturing customers rose 7.5%, while sales to non-residential construction customers climbed 5% in November.
Marketing manager Jeff Adams emphasized the “new mobile-first design is a great advantage for those customers who prefer to navigate the web on a mobile device and offers customers across the globe a greater user experience.”
“The UK facility will provide design and technical support and be our sales and distribution centre for the UK and Europe,” said managing director Michael Carbine.
BUMAX said it won the order to supply stainless studs, nuts and washers for the 219MW Northwester 2 offshore wind power plants.
Rivet nuts are designed to provide strong load-bearing threaded connections in thin gauge materials, or ‘skins,’ when threading is not an option.
In some ways, small distributors are similar to the original 13 colonies, according to STAFDA President Sean Baird.
Weaker demand was particularly noticeable in Sweden, Eastern Europe, and China due to lower production among many customers, as well as customer destocking.
Have a customs broker? It isn’t cover for you if U.S. Customs arrives at your office, Danielle Riggs cautioned the National Fastener Distributors Association. “One hundred percent is on the importer,” explained the director of international compliance for Würth Industry North America.
Shearman has been a Trifast director and chair of the remuneration committee. His career includes investment fund management, stockbroking, investment banking and charitable foundations.