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.
NEWS BRIEFS
December 12
23:07
2019
“Surround yourself with good people, give them the tools they need to be successful, and get out of the way,” stated CEO Brad Tinney.
December 11
23:08
2019
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.
December 10
19:45
2019
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.
December 10
07:21
2019
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.
December 09
19:47
2019
The tracks in the Sunday-through-Wednesday schedule are: Distribution strategy; leadership / professional development; management + HR; marketing; operations; and sales.
December 05
13:59
2019
By end market, overall sales to manufacturing customers rose 7.5%, while sales to non-residential construction customers climbed 5% in November.
December 04
19:57
2019
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.”
December 03
17:28
2019
“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.
November 26
15:03
2019
BUMAX said it won the order to supply stainless studs, nuts and washers for the 219MW Northwester 2 offshore wind power plants.
November 25
23:00
2019
Rivet nuts are designed to provide strong load-bearing threaded connections in thin gauge materials, or ‘skins,’ when threading is not an option.
November 25
15:25
2019
In some ways, small distributors are similar to the original 13 colonies, according to STAFDA President Sean Baird.
November 21
16:44
2019
Weaker demand was particularly noticeable in Sweden, Eastern Europe, and China due to lower production among many customers, as well as customer destocking.
November 21
16:07
2019
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.
November 20
23:21
2019
Shearman has been a Trifast director and chair of the remuneration committee. His career includes investment fund management, stockbroking, investment banking and charitable foundations.
November 19
16:40
2019
Dale MacLean became Tree Island CEO in July 2011 and held the position for eight years and five months, according to his LinkedIn account.
November 19
03:18
2019
Sales hurt by “particularly weak” sales to automotive customers “due to the global economic slowdown impacting many foreign countries.”
November 18
01:48
2019
More tariffs could be coming: The October 5% increase is ‘still pending’ and December could bring determination on threaded rod and stud tariffs.
November 14
15:02
2019
“Sales trends were slightly improved on an unadjusted basis, but the seasonal-adjustment factor drove the sales index down (month-to-month),” according to R.W. Baird analyst David Manthey.
November 13
15:08
2019
1Shot, Böllhoff, Bryce, Grabber, ITW, MaThread, Penn Engineering, Simpson Strong-Tie and Stanley Engineered Fastening were honored with the 2019 Fastener Innovation Award.
