Componentes Innovadores, Innovative Components Inc.'s fully owned Costa Rican factory, has achieved certification of the new ISO 9001:2015 standard.
NEWS BRIEFS
Outgoing board member Jennifer Sturm was on inaugural Fastener Training Institute board.
Manufacturing manager Al Shannon said the new equipment “opens up additional opportunities, enabling us to bring more drilling services in-house and allows us to take on higher volume runs of up to one million pieces.”
“Business with the largest US electric vehicle manufacturer (Tesla) was less dynamic in the first quarter,” Bossard stated. “In spite of higher production volumes, sales remained at the previous year’s level, mainly due to a change in product mix.”
Overall net sales increased 13.2% to $1.18 billion in the first quarter of 2018, driven by higher unit sales.
Commentary on market conditions was mixed, with some respondents commenting on the current strong demand environment and others expressing concerns around the recently announced steel tariffs.
Employees who consider themselves “entitled” don’t innovate, Beveridge tells the National Fastener Distributors Association. Entitled employees feel they are owed vs. they need to earn, they are static rather than growing and seek to preserve vs. transform.
Bufab’s international segment reported a 20% sales increase in Q4, with increased gross margin and lower costs as a percentage of sales, Fastener + Fixing Magazine reports.
Comfast June 2019 in New Delhi and December 2019 in Gandhinagar.
The National Fastener Distributors Association initiated the award in 2017 with Robbie Gilchrist of Capital Marketing as the first honoree.
Metform received the award during Toyota’s 22nd annual supplier business meeting of 850 suppliers in March 2018 in Detroit.
Longen, English, Newman and Hrdlicka take new positions at the master distributor.
After 42 years with the company, Budd will remain on the operational team at TR Fastenings to use his 42-years of fastener industry knowledge “to pass down to the next generation of leaders within the business."
Campbell, Haggerty, Sulek and Veech are panelists at Southeastern conference will be April 24-26, 2018, in Alabama.
Car manufacturer said certain corroding bolts in cold weather climates could lead to power-steering failure.
In addition to a 28-meter wire sculpture, the building includes a central area surrounded by open work spaces and meeting rooms.
Put yourself in the position of your customer,” Reilly advised. “Define value in customers’ terms.” He finds product is the most important at 57%; the company selling is 18%; and the individual salesperson 25%.
Founded in 1966, Sundram Fasteners provides fasteners and other components for the automotive, infrastructure, windmill and aviation sectors.
The increase marks the third consecutive quarterly price hike by CSC.
Sisto of G-Strut will give the Associate’s speech and St. John of IBS Inc. will give STAFDA president’s annual State of Distribution address at 42nd annual convention.