Important Announcement
PubHTML5 Scheduled Server Maintenance on (GMT) Sunday, June 26th, 2:00 am - 8:00 am.
PubHTML5 site will be inoperative during the times indicated!

Home Explore Fastener News Report June 11 2018 Flip

Fastener News Report June 11 2018 Flip

Published by mcnulty, 2018-06-07 09:40:46

Description: Fastener News Report June 11 2018 Flip

Search

Read the Text Version

June 11, 2018 Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp • FREE FTI BUYERS’ GUIDE for all paid subscribers Volume 4, Issue 6 INSIDE THIS ISSUELawson Products Celebrates Opening of ASTM Honors Tyler Olson of Fastenal..............2New Distribution Center in Canada TR Fastenings Launches Center in Sweden....2 Bulten Receives Jaguar Land Rover Award.... 2 Lawson Products, Inc., Chicago, IL, USA, a distributor of products and Ramco Specialties Acquires Copa Tool........... 3services to the MRO marketplace, held an open house to celebrate its new Rockford Fastener Adds Trimming Capacity...3 WIFI Scholarships & Awards.............................4 distribution center in Alberta, Canada. The new distribu- Nord-Lock Group Releases New Guide.......... 4 tion center, co-located in the recently acquired facility of MWFA Panel on Tariffs.......................................5The Bolt Supply House, allows Lawson to reduce product delivery time to Würth Stopping USA Investment......................5within one to two business days to its western Canadian customers. IFE Accepting HOF & YFP Nominations............5 “Our investment in the Alberta Distribution Center is helping to ensure all BBI Hiring & Partnering.....................................6Lawson Products’ customers get the products they need in a timely manner Hyperco Adds Warehouse...............................6to keep their operations running smoothly,” said Michael DeCata, President H. Paulin Launches New Nail Center.............. 6and CEO. “We have been in Canada since 1984 and we’re committed to ND Tech Group Welcomes Richard Foukes..... 7providing the competitive combination of the right products, reliable service Obituary: Omar DePena 1964 – 2018.............. 7and technical expertise that saves our customers time and money.” Dorman Products Breaks Ground in TN.......... 7 The 43,000 ft2 Alberta Distribution Center stocks more than 15,000 items. Quarterly Dividends Report............................... 7Managed through Lawson’s existing SAP and GAINS inventory forecasting FASTENER TECH™ ’19 Registration & SUR/FIN®.. 8systems, the new center receives quick replenishment from the company’s Fastener Fair Stuttgart 2019 Stand Bookings...8McCook, IL, USA, packaging and distribution center enabling consistenthigh order completion rates for its customers. Presented by: “Shipping Lawson and Kent Automotive products from this Albertalocation means western Canada customers now have the opportunity to &benefit from even more high-performance products and receive them ina very timely manner,” said Peter Mailman, Senior Sales Director, Lawson Initial Publications, Inc.Products. “In anticipation of the Alberta opening, we expanded our geo- 1741 Akron Peninsula Rd,graphic coverage in the region by adding more sales people to the team. Akron, OH 44313 USAIn just a few short weeks, we have already received very positive feedbackfrom our customers and have seen sales growth based on our enhanced Tl: +1 330 864 2122 • Fx: +1 330 864 5298regional fulfillment capabilities.” investor.lawsonproducts.com www.fastenertech.com Chip Lippincott Publisher Mike McNulty VP & Editor Jim Masar Senior Editor Tom Hutchinson Global Sales ManagerAmerican Ring Acquires Assets of S&M Retaining RingAmerican Ring, Solon, OH, USA, a family owned and operated manufacturer and supplier of retaining rings,snap rings and Belleville disc springs, has acquired all tooling, dies, equipment and intellectual property ofS&M Retaining Ring. Founded in 2001 by Michael O’Shea, Sr., S&M Retaining Ring produced tapered sectionretaining rings, stamped out of carbon spring steel, stainless steel (PH 15-7 MO) and beryl-lium copper all to the ASME B18.27-1998 and MIL_DTL 21248 specifications. A gifted tooland die engineer, O’Shea had over 40 years experience in the retainingring industry, having worked for Waldes Truarc, Rotor Clip and Industrial [email protected] Ring. Upon his death in May of 2017, the O’Shea family wished www.nationalmachy.comto see his legacy live on, and American Ring is pleased to fulfill that request.With the acquisition of S&M Retaining Ring’s tooling, dies, equipment andintellectual property, coupled with American Ring’s exceptional engineeringcapability and customer service, the company said that it is excited aboutthe product offerings it will be able to bring to the marketplace. www.AmericanRing.com Page 1

BUSINESS & MARKET REPORTJune 11, 2018 TR Fastenings Launches Technical & Innovation Center in Sweden Notebook TR Fastenings (TR) has opened a TR, owned by Trifast Plc, is a full ser- ASTM International Honors new Technical and Innovation Center vice provider to the automotive industry, Tyler Olson of Fastenal Tyler Olson, Engineering Mgr., in Gothenburg, the heart of Sweden’s supplying and distributing fastener Materials, at Fastenal Co., Wi- automotive industry. The site allows products to the Tier 1 market. TR’s nona, MN, USA, recently won the TR to achieve two main objectives—to global reach now extends to 31 sites. 2018 ASTM International James A. Thomas President’s Leader- form/enhance working relationships The Technical and Innovation Center ship Award. The award recogniz- es individuals early in their ASTM with key customers in the region, and comprises a showroom area, housing career who’ve significantly ad- vanced ASTM’s mission through to provide a showroom location where samples of TR products across 12 extraordinary accomplishment, example and vision customers can visit, view products and categories. Customers can examine An ASTM member since 2011, Olson was recognized for pro- discuss design manufacturing options. the products and also see how they ductivity/exemplary service to the committee on fasteners (F16). The new facility is located in the Lind- are assembled and used in product www.astm.org holmen Science Park, which is home applications. There is also space to Bulten Receives Jaguar Land to many of the key players developing host meetings, where TR can discuss Rover Global Supplier Award At a recent awards ceremony forward-thinking solutions for the auto- design and manufacturing strategy with in the UK, Bulten motive market including Electric Vehi- customers, partners and OEMs. received a Global www.trfastenings.com Supplier Excellence Award from cle (EV) technology. From major OEM Jaguar Land Rover in recogni- tion of Bulten’s performance as firms and IT software the Full Service Provider (FSP) of fasteners to the Jaguar Land developers to technical Rover vehicle factories in Hale- wood and Graz, and to the En- and engineering teams gine Manufacturing Centre (EMC) at Wolverhampton. The award from Tier 1 manufac- recognized Bulten’s performance over the course of the last year. turers, Lindholmen is Fifteen suppliers were recog- nized with awards. fast becoming a hub www.bulten.com for automotive innova- tion in Europe. Advance Components is now to inspire makers and innovators to a Heyco® stocking distributor create a more sustainable world. Advance Components is now a To celebrate, Stanley recently master stocking distributor of Hey- rang the opening bell at the New York Stock Exchange, where it also co® Solar Power Compo- launched a new partnership with nents. Heyco is a world- Discovery Education and the STE- leading manufacturer of MIE Coalition to bring a stronger wire management prod- “maker”-focused curriculum into ucts and components. The Heyco the classroom. The partners hosted solar line of SunRunner® Clips, two classes of New York students at SunBundler® and Nytye® Cable Ties, the New York Stock Exchange, invit- and Liquid Tight Cordgrips sets the ing them to participate in STEAM- standard for excellence and high focused educational activities. performance in the solar industry. www.stanleyblackanddecker.com Heyco Solar Power Components are available in the Advance on-line CSM now EJOT licensee store ready for same-day shipping. for PT® & Delta® screws www.advancecomponents.com CSM Fastener Products recently Stanley Black & Decker announced that it has been se- announces new strategy & rings stock exchange bell www.ndindustries.com In celebration of its 175th anniver- sary, Stanley Black & Decker, New Britain, CT, USA, has announced a refreshed corporate social respon- sibility strategy aligned with the United Nations’ 2030 Sustainable Development Goals and designedPage 2

BUSINESS & MARKET REPORT lected as an EJOT licensee for PT® Customers have since benefited June 11, 2018and Delta PT® screws for plastics in from a more comprehensive rangeNorth America. of products and services. Notebook CSM Fastener Products is also li- The partnership has yielded Ramco Specialties censed to manufacture MAThread® very positive results for both HECO Acquires Copa Tool, Inc.and MATPoint®. and SFS, and in a move to further Hudson, OH, USA-based Ramco strengthen this partnership, SFS will Specialties, Inc., has acquired www.csmfastener.com increase its stake in HECO to 51% Copa Tool, Inc., effective July 1, 2018. This will allow a precision ma-Würth Group see record both companies to better capture chining company. Copa manu-sales & operating result growth and synergy potential to factures high-volume precision better use respective competencies. components supporting the The year 2017 was reported automotive markets specializingby Würth Group as a record year www.heco-schrauben.com in powertrain applications.for the company. The acquisition of Capa Tool ide-Sales in the business year 2017 WESCO Q2 earnings call ally fits into the strategic visionamounted to €12.7 billion compared WESCO International, Inc., of Ramco Specialties’ currentwith the previous years’s €11.8 bil- Pittsburgh, PA, USA, an- and future business model aslion, for a growth of 7.5%. And ad- nounced plans to hold an engineered solutions servicejusted for foreign currency effects, its second quarter 2018 provider to the North Americangrowth came to 7.9%. automotive markets. earnings conference call on Thurs- The operating result went up to day, August 2 at 10 AM ET. Visit the www.ramconut.com€780 million in 2017. In 2018, the website below for dial-in details.Group expects sales growth in the Rockford Fastener Addsmid single-digit range and a corre- wesco.investorroom.com In-House Trimming Capacitysponding operating result growth. While Rockford Fastener, Rock-Würth Group reported accumulated USITC: carbon and alloy steel ford, IL, USA, has always offeredgrowth of 7.1% as of April 2018, due wire rod from Italy, Korea, UK, trimming services, the com-to strong growth of companies in Spain & Turkey injures USA pany has now purchased a 3/8\"eastern and southern Europe. Waterbury trimmer to support The United States International quicker lead times required in www.wuerth.com Trade Commission (USITC) has today’s competitive market. determined that a USA industryHECO & SFS intensify is materially injured by reason of Trimming configurations nowtheir strategic partnership imports of carbon and certain al- offered by Rockford Fastener in- loy steel wire rod from Italy, Korea, clude, but are not limited to, Hex HECO and SFS, two leading Spain, Turkey and the UK that the Head Cap Screw, Square Head,makers of fastening solutions for U.S. Department of Commerce has T-Head, Rectangle, Trapezoid,structural timberwork, are deep- determined are sold in the USA at Eclipse and many other shapesening their strategic partnership less than fair value and subsidized only limited by imagination.established in August 2015, when by Italy and Turkey governments.SFS concurrently acquired a minority www.RockfordFastener.cominterest of 30% in HECO. Both firms Chairman Rhonda K. Schmidtle-are active in the structural timber in, Vice Chairman David S. Johan-market and have built strong repu- son and Commissioners Irvingtations for quality and innovation. A. Williamson and Meredith M. Broadbent voted in the affirmative. As a result of the USITC’s determi- nations, Commerce will issue anti- dumping duty orders on imports of this product from Italy, Korea, Spain, Turkey and the UK, and countervail- ing duty orders on imports of this product from Italy and Turkey. The USITC also made a negative finding concerning critical circum- Page 3

BUSINESS & MARKET REPORTJune 11, 2018 WIFI Scholarships & Awards Notebook Fastener Woman 2017 Ann Bisgyer sharing their knowledge, ideas, in- Wolz Scholarship winner, Linda Gro- sights and strength. A woman who is Nord-Lock Group Releases howski from Brighton- Fastener Dimension Guide Best has just passed the dedicated to empowering The ”Fastener Dimension Guide” final exam and has become more women to achieve full from Nord-Lock Group is a web- a Certified Fastener Spe- participation in all aspect based application that makes cialist from the Fastener of life. it easy to gather fastener data Training Institute. Sign Man up Award (Individual while performing bolted joint up for the scholarship and male and/or company)—A calculations. Rather than trying to become a CFS! Deadline commitment to support- find measurements from a table for our scholarship is August 10, 2018. ing women and the WIFI in standard sheets, engineers And WIFI will be announcing an ad- organization through programs and can simply enter the size and ditional two scholarships this year. partnerships. A partner that brings length of a bolt into the applica- Our current two scholarships, The tools and resources that will empower tion and find all the dimensions Ann Bisgyer Wolz Scholarship pro- the WIFI sisters in their life goals and that conform to ISO standards. viding tuition for the Fastener Train- improvement. Also as a thank-you for The Guide provides up-to-date ing Institute and the Edith Cameron playing an important role as a WIFI information in a user-friendly Scholarship, which provides funds to Brother and supporting the fastener format directly from your mobile attend the IFE show in Las Vegas, NV, woman vision. Send your nomina- device or desktop—making USA, have been very successful and tions to Carrie Ann Whitworth at fastener data collection quick we are proud to bring you two more. [email protected] and easy. Stay tuned as we will be announcing with a 200-300 word essay on why this by mid-summer 2018. they should be receiving one of these The Fastener Dimension Guide WIFI will award the 2nd Annual Women awards. Deadline is August 10, 2018. was developed by Nord-Lock of the year award and two other Also, WIFI is adding a new section Group in cooperation with SIS awards at the IFE show this year. of the newsletter—WIFI4Hire. If you (Swedish Standards Institute). Woman of the year—In recognition of are laid off, fired or needed a change This application can be used on exemplary leadership and successful and are looking for a home in the fas- all smartphones as well as on member of the fastener industry, as tener industry, we want you! Send us desktop. This is a web-based part of a long and distinguished re- a brief summary of your resume with app, so you will not be able to cord of advocacy for the professional a headshot and we will let everyone find it in the App Store or Android advancement of women through the know you are available for hire. To App Store. Visit the company promotion of education and profes- learn more, contact Rosa E. Hearn at website below to download the sional development [email protected]. Fastener Dimension Guide. Women in Business—Champions/ Already have something to submit? advocates who contribute and sup- www.nord-lock.com ports to their own organization by TnehwenslseSetntpedro@it dtfailrsietgcetlnhyettrow:oo nmeNn.IcFomS/WEST Ex www.fastenerwomen.com stances with regard to imports of years experience as a marketing this product from Spain, Turkey and the UK. As a result, imports of car- specialist aVnodlt sInodcuiasltrmiael dia expertWrentham bon and certain alloy steel wire rod graduPalBateosotditchsf7rI5on1 cm. Bo from Spain and the UK will not be who the I n te r-Wrentham subject to retroactive antidumping Tool P duties, and imports of this product from Turkey will not be subject to Volt IndusntraiatlioPlnasatilcsA’ scuabsdide-my ofducingColdHea retroactive countervailing duties. She waipanrirlodyldiunpJVcjeuecuTttiDonohoinqeleu,mserciogaplnsldnakesddti&ielcplssfiaaTgrsentttseconathhenarundstoselogbyy.fftWoororoemtlihpnesrgiofmaduspusteelcednenetbraooiinltmsh aasmspisitniomyngouagurtuencrwpueiaerilsrdtseh.onpOctatuhigpareealcrfamtodtsraeeloaorsdgliivgiscaitosnnoipttfoarotiehfunesrsaennecew,siwncovrerewlndtsworaiydneod.fWtbooorleltins The USITC’s public report will be wanedbsmiipptneorasel,ycgwtimrsaeiaeozurdnsis,neepcelotaso-sphtamoiocldayfwnamsusetbfaeransocs,etaournswrt.deher,oeulcslr-aataslobgytmtmhheaaennrmeucpefoauisnctttatuthdiroeeenpinTefdoOnru available June 1, 2018, and can be accessed at website listed below. TORQ-SET®,PHIL pubapps.usitc.gov/applications/ ACR® ribbed PH publogs/qry_publication_loglist.asp PHILLIPS II®, MO TORX® and QUA Innovative Components Volt Industrial Plastics, Inc. www.wren welcomes Alyssa Ovresat 700 Hwy.w20w2wW.vo• lYtpelllvaislltei,csA.Rco7m2687, USA Innovative Components Inc. has Contact: Heidi Volltrauer, COO welcomed Alyssa Ovresat to its Toll-Free: +1 800 844 8024 growing team. Ovresat has six-plus Toll-Free Fax: +1 877 453 8707 Web Site: www.voltplastics.com E-Mail: [email protected] 4

BUSINESS & MARKET REPORTgiving the Innovative Components The IFE Hall of Fame recognizes June 11, 2018brand a refresh. Look for Ovresat at and honors individuals who haveone of the company’s many upcom- made significant contributions Notebooking tradeshows. to the betterment of the fastener industry. Individuals are selected MWFA Panel on Tariffs www.knobsource.com based on their strides to advance The MWFA Fastener Show in IL the industry as a whole—including last week included a panel ses-Agrati organizes personal achievements and tenureINNOVATION DAY 2018 of their respective businesses. sion that cov- ered the sub- INNOVATION DAY 2018, the Also, as an industry that contin- ject of steelevent’s sixth edition, was held on ues to develop through changing tariffs. Tabitha Herbst, Sales &May 29, 2018. INNOVATION DAY times, the Young Fastener Profes- Commercial Development, Cen-2018 was organized by the Agrati sional (YFP) award honors a young tral Wire Industries, was one ofR&D Department with the partner- fastener professional under the the panelists, and she providedship of IBM, A2MAC1, E-NOVIA, age 40 who continues to make this short summary, “The steelBrose Italia, Continental Italia and meaningful/compelling impact on industry is definitely experienc-SDA Bocconi. fastener industry advancement. ing an unprecedented time. Although tariffs, quotas and other Event participants discussed Winners of the HOF and YFP methods have been used by pastseveral themes regarding innova- award will receive a commemora- presidents to deter importedtion from the future of mobility until tive plaque as well as a US$500 material, Section 232 clause defi-the new technologies’ application. donation to the Fastener Industry nitely has put a new twist on an Scholarship fund of their choice. already volatile industry. Section www.agrati.com 232 has proven to be very fluid, Nomination deadline is June 30, the rules of today may changeIFE now accepting 2018, with no exceptions. Nomina- tomorrow. It is Central Wire’s goalnominations for HOF tions received after June 30, 2018, to keep our customers informed& YFP awards will be added to the list of nominees with the most recent updates so for the next year. To learn more, they can make informed busi- Since 1981, the International send email to Morgan Wilson at: ness decisions.”Fastener Expo (IFE) (formerly NIFMSE) [email protected] www.mwfa.nethas been the larg-est fastener show IFE 2018 takes place October 30, Würth Stops USA Investmentin North America 2018 to November 1, 2018, in Las According to fortune.com, one ofand continues to Vegas, NV, USA. the world’s biggest suppliers ofconnect the entire assembly and fastening materi-supply chain together at one time, www.fastenershows.com als, Germany’s Würth Group, willall in one place. To commemorate not invest in the USA while Presi-year 37, nominations are open HD Supply reports Q1 ’18 dent Trump is in power. Reinholdfor Hall of Fame (HOF) and Young results; ups full-year guidance Würth, known as Germany’sFastener Professional (YFP) awards. “Screw King” said he has “made HD Supply Holdings, Inc., Atlanta, sure we are no longer investing GA, USA, one of the in the U.S. at the moment.” largest industrial dis- tributors in North America, reported www.wuerth.com net sales of US$1.4 billion for the first quarter of fiscal 2018 ended April ...Since 1970 29, 2018, an increase of US$173 mil- lion, or 14.2%, as compared to the Forged Industrial Products first quarter of fiscal 2017. Organic Leader in the Eyebolt Industry sales growth for the first quarter of fiscal 2018 was 9.9%, as compared Toll-Free: 888-536-3674 to Q1 fiscal 2017. Locally: 440-993-8091 Fax: 440-992-0360 For the full year fiscal 2018, net sales are anticipated to be in www.kenforging.com the range of US$5820 million to US$5940 million, with adjusted Page 5

BUSINESS & MARKET REPORTJune 11, 2018 Brighton-Best International Hiring & Partnering Notebook Brighton-Best International (BBI), Santa Fe Springs, CA, USA, welcomes Hyperco Adds Warehouse for Off-Road & Powersports Chris Conley as its new Hyperco, an MW Industries, Ironclad Regional Sales Inc. company, Chicago, IL, USA, is pleased to announce it added Manager for the upper mid- a new warehouse in west region. Conley has Commerce, CA, USA, to support the demand of the a very strong background growing off-road and pow- ersports markets. The new Cal- selling PPE through distri- ifornia warehouse currently stocks 3\" ID E-Series and 3.75\" bution. Conley and his family reside in its employees to reach their maximum ID G-Series coil-over springs with plans to add more product lines. the Minneapolis, MN, USA area. potential through multiple training op- “With the largest off-road and powersports market in California The history of automobiles being used for portunities. BBI offers solutions to help and surrounding states, it was clear we had to service local cus- drag racing is nearly as long as the histo- make the company and its employees tomers with local inventory,” said Kelly Falls, VP of Motorsports ry of motorized vehicles. BBI Proferred more successful. and Performance Aftermarket. is proud to be an official sponsor for driver Also, IronClad, a BBI company, will be www.mw-ind.com Alan Englen and his motorsport car for moving into a new warehouse in Texas H. Paulin Launches New Nail Center the premier drag racing circuit. this year. This move will allow the com- H. Paulin’s New Nail Center is ideal for Industrial Also, Brighton-Best International sup- pany to better serve its distributors as Distributors and Au- the demand for new products and new tomotive Aftermarket Jobbers. ports the South Bay Vocational Cen- designs become available in the months This new merchandiser lets ters, a not-for-profit organization with and years to come. customers select the ideal nail efforts in providing work training skills to product assortment that best www.brightonbest.com fits sales potential in their trade those with disabilities. Additionally, BBI www.Proferred.com area. The heavy-duty black grav- Chicago partners with local nonprofit, www.IronClad.com ity rack provides great visibility, ClearBrook, which creates opportuni- keeps product offering neat and ties to support adults with disabilities. encourages impulse purchases. Contact your local H. Paulin rep BBI said it focuses on ability rather than for details and to place an order. disability, and believes in empowering www.hpaulin.com EBITDA1 in the range of US$832 mil- tio (HSR) and why they are a critical www.fastenercoalition.org lion to US$862 million and adjusted consideration in selecting the best net income per diluted share in the fastener for a specific application. range of US$3.11 to US$3.27. www.phillips-screw.com www.hdsupply.com Heartland adds Phillips Screw White Paper Dee Henrich to sales team on fastener head strength Heartland Precision Fasteners The Phillips Screw Company. Inc., New Century, KS, USA, has Wakefield, MA, USA, has released announced that Dee Henrichs has a White Paper on fastener head joined the company as Sales Man- strength. According to Phillips, re- ager. She was formerly the Sales cent issues with EN standards fail- Manager at Mac Fasteners. ing qualification for tensile strength prompted Phillips to review its www.heartlandfasteners.com design standards to assure all its fasteners perform to requirements. Jackie Ventura Phillips found that many design and Sales Representative standards engineers did not have a full understanding of the factors that Phone: 330-467-0102 • Mobile: 216-338-8485 influence fastener head strength. Fax: 330-467-0108 • Email: [email protected] The resulting White Paper provides a clear understanding of the factors Web: www.JackieVentura.com that influence the Head Strength Ra- News & Notes: www.JackieVentura.Net Skype: Jackie.Ventura1 Twitter: @JackieVentura1Page 6

BUSINESS & MARKET REPORTGrainger’s Laura Brown to and senior positions in sourcing June 11, 2018retire from role as Senior VP and supply chain in several other companies, notably for 10 years in –reNcentoly tebook Grainger, Chicago, IL, USA, a top Kalmar Industries/Cargotec.supplier MRO products, has an- ND Tech Group to be www.bufab.com Led by Richard Foukes nounced that Laura ND Tech Group, a company Brown, Senior Vice Elite Fasteners names Mike of ND Industries, Clawson, MI,President, Communications and Linhart as Sales Manager USA, welcomes Richard FoukesInvestor Relations, will retire from to the team as Vice President ofGrainger, effective July 1, 2018. She Elite Fasteners announces that Research & Development.began her very successful Grainger Mike Linhart is its New National With a Ph.D. in Quantum Chem-career in 2000, as VP, Internet Busi- Sales Manager. He brings over 25ness Analysis and Supplier Man- years of industrial sales experience, istry, executive levelagement, for Grainger.com. most recently as a District Sales leadership expe- pressroom.grainger.com Manager for a National Filter Mfg. rience, more than three decades ofEssentra appoints new CFO www.EliteFasteners.com product develop- The Board of Essentra plc has ment and 17 patents issued, Omar DePena 1964 – 2018 Foukes is abundantly qualifiedappointed Lily Liu as Chief Financial to meet the responsibility andOfficer (CFO) and to the Board with Omar DePena, age 53, passed away challenges of managing theeffect November 15, 2018. Liu will Wednesday, May 16, 2018, at his home operations of the ND R&D facility.succeed Stefan Schellinger as CFO. in Lakemoor. He was born June 27, 1964, www.ndindustries.comSchellinger will retire from the Board in the Dominican Republic to Julio andon November 15, 2018 and leave Carmen (Guerra) DePena. On August Dorman Products Breaks Essentra on November 30, 2018. 23, 1984, he married Ground in Tennessee Carmen “Esther” Cas- To continue growing in the au- Liu brings 20 years of experience, tillo in New Jersey. For tomotive aftermarket, Dormanmost recently as CFO at inkjet print- over 30 years, Omar Products broke ground on itshead maker, Xaar Plc Group. was a valued employee largest production and distribu- for Kanebridge Corp., tion facility in Portland, TN, USA. www.essentraplc.com and he relocated for the company when The new site will increase Dor- needed. He liked traveling with his family,Carina Lööf is new Global taking long walks and the great outdoors. man’s abil-Sourcing Director at Bufab Among other things, Omar enjoyed driv- ity to serve ing his convertible, fine cigars and a good its growing Bufab says it aims to develop scotch. Above all, Omar loved his family, customerthe industry’s strongest he was a devoted husband, loving father, base by greatly expanding itssupplier base by 2020. doting grandfather, caring son and fond existing logistical presence inTo do this, Bufab has brother. Omar will be truly missed by his North America. When the newrecruited Carina Lööf family and friends, and remains forever 815,000 ft2 facility is complete,as Global Sourcing in their hearts. Omar was forever grate- Dorman will relocate its existingDirector and a new member of the ful to be a part of the Kanebridge family, Portland operations to the newExecutive Management Team. and was always trying to pay forward production and distribution site. the opportunities that were given him. www.dormanproducts.com Lööf has a long and success- Visit www.justenfh.com to leave an on-lineful working experience as Group condolence message for Omar’s family. Don't Miss On-Demand Fastener Talk Radio!Sourcing Director with Trioplast FTR is talk radio for the fastener industry, featuring Quarterly Dividends Report... guests, commentary and conversation designed to June 3 to 5, 2019 • Rosemont, IL, USA inform and entertain fastener professionals. Available • Arconic, New York, NY, USA, declared (a) a any time in streaming or download formats. Tune in “The Fastener Show produced by the dividend of US$0.06 per share on the outstandingFastener Industry for the Fastener Industry” common stock of the company, payable on August today! Log on to listen to Fully Threaded Radio: 25, 2018, to the holders of record of the common Co-organized by: stock at the close of business on August 3, 2018; www.fullythreaded.com and (b) a dividend of US$0.93.75 per share on Ar-Producing Fastener Shows in Reporting Fastener News & conic’s US$3.75 Cumulative Preferred Stock (“Classthe Heart of the Industry for Technology for over 40 years A Stock”) payable on July 1, 2018 to the holders of record of the Class A Stock at the close of business over 30 years on June 8, 2018. www.arconic.com • Illinois Tool Works Inc., Glenview, IL, USA, de-www.mwfa.net • www.fastenertech.com/fastenertech.asp clared a dividend on common stock of US$0.78 per share for the second quarter of 2018, to be paid on July 11, 2018 to shareholders of record as of June 29, 2018. itw-ir.prod-use1.investis.com Page 7

EVENTS & OPPORTUNITIESExhibitor Registration Open Prof. Dr. h. c. mult. Reinhold June 11, 2018for FASTENER TECH™ ’19 & Würth, Chairman of the SupervisoryCo-Location with SUR/FIN® Board of the Würth Group’s Fam- E VENTSJune 20 - 21, 2018   ily Trusts, warmly welcomed the Fastener Fair Mexico 2018 FASTENER TECH™ ’19, the seventh visitors from France. After a guided Guadalajara, Mexico staging of “The All-Fastener-Industry tour through the exhibition “As Far www.fastenerfair.com/mexicoEvent in the Heart-of-the-Fastener as the Eye Can See. New InsightIndustry”, announces that exhibitor into the Würth Collection”, Robert August 8 – 11, 2018 registration is open and forms are Friedmann, Chairman of the Cen-   Pac-West 2018 Fall Conference available on-line at the websites tral Managing Board of the Würth Whitefish, MT, USA listed below. The event takes place Group, outlined the company’s www.pac-west.orgin Rosemont (Chicago), IL, USA, business activities in a presentation.June 3 to 5, 2019, at the Donald E. September 18 – 21, 2018   Stephens Convention Center. FAS- www.wuerth.com ICNFT 2018, Bremen, Germany www.icnft2018.com September 26 – 27, 2018   Fastener Fair Italy 2018, Milan, Italy www.fastenerfairitaly.com WWW.FASTENERTECH.COMTENER TECH ’19 offers attendees and Fastener Fair Stuttgart 2019 WWW.FASTENERTECH.COMSeptember 26 – 29, 2018   exhibitors a valuable, cost-effective Stand Bookings Underway Fastener Shanghai – and easy-to-attend event that Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp • FREE FTI BUYERS’ GUIDE for all paid subscribers Shanghai Fastener & Tech Show 2018 benefits fastener manufacturers, Fastener Fair Stuttgart 2019, Shanghai, China distributors, users and suppliers. March 19 to 21, 2019, www.fastenertradeshow.net in Stuttgart, Germany, October 21 - 23, 2018   International Fastener Show China 2018  Shan ghai, China   En.Afastener.com will once again occupy October 30, 2018 – November 1, 2018 Halls 1, 3 and 5 at the International Fastener Expo - IFE 2018 Again in 2019, the biennial event Stuttgart ExhibitionExhibitor Registration Open & Co-Location with ®SUR/FIN® Las Vegas, NV, USA SUR/FINwill be co-located with , than one year aheadMay 24, 2018, Akron, OH, USA. FASTENER TECH™ ’19, the seventh staging of “The All-Fastener- Centre. Less www.fastenershows.com of the show,Industry Event in the Heart-of-the-Fastener Industry”, is pleased to announce that exhibitor registration is already well October 30 2018 – November 2, 2018   Korea Metal Week 2018, Korea the annual conference and exhibi- stand bookings areopen and forms are available online at www.mwfa.net and www.fastenertech.com/fastenertech.asp. www.korea-metal.comtion for surface finishing profes-The event is scheduled to take place in Rosemont (Chicago), IL, USA, June 3 to 5, 2019 at the Donald E.underway. Over 700 firms fromStephens Convention Center. FASTENER TECH™ ’19 will offers attendees and exhibitors a valuable, cost- November 28 – 29, 2018   Fastener Fair France, Paris, France effective and easy-to-attend event that provides benefits to fastener manufacturers, distributors, users and www.fastenerfairfrance.com/enlgishsionals, organized by the National 38 countries have already bookedsuppliers. March 19 – 20, 2019   FASTENER TECH™ is a biennial event, and once again in 2019 it will be co-located with SUR/FIN®, the Fastener Fair Stuttgart Stuttgart, Germany Association for Surface Finishing. their stand space. Among them areannual conference and exhibition for surface finishing professionals, which is organized by the National www.fastenerfair.com/stuttgartAssociation for Surface Finishing, Washington, DC, USA, www.nasf.org. May 22 – 23, 2019   Fastener Fair USA www.nasf.org companies from Germany, Italy, theFASTENER TECH ‘19 will feature an Exhibition, Education Seminars, an All-Industry Reception, and other Detroit, MI, USA www.fastenerfair.com/usanetworking opportunities. The preliminary schedule is as follows: June 3 – 5, 2019   FASTENER TECH ‘19 will feature Netherlands, Spain, the UK, Turkey, Education Seminars: June 3, 4 and 5, 2019 FASTENER TECH™ ’19 an exhibition, education seminars, China, India and Taiwan. Exhibition: June 4 and 5, 2019 Rosemont, IL, USA  All-Industry Reception: June 4, 2019 www.fastenertech.com • www.mwfa.netan All-Industry Reception, and other Organizer, Mack Brooks Exhi-As a trade event, FASTENER TECH™ ’19 will be unique on several fronts, including the following: the September 17 – 19, 2019 International Fastener Expo - IFE 2019 relatively low-cost and ease-of-exhibiting at and attending the show, the all-industry focus, the heart-of-the- Las Vegas, NV, USA networking opportunities.industry location, and a high level of participation from fastener industry associations.www.mwfa.net bitions also announces that, forFASTENER TECH™ ‘19 is being produced by Fastener Technology International magazine, Akron, OH,the first time during Fastener FairUSA, and the Mid-West Fastener Association (MWFA), Lake Zurich, IL, USA. The most recentwww.fastenertech.com/FASTENER TECH™ was held in June 2017, also at the Donald E. Stephens Convention Center inStuttgart 2019, there will be a spe-Rosemont (Chicago), IL, USA, and it provided its visitors with direct supplier access, networkingopportunities, business intelligence, social programming and technical education related to making,fastenertech.asp cial area for bonding and adhesivedistributing and using all types of mechanical fasteners. In addition, the 2017 event included the debutedition of the Fastener Industry Summit, which was organized by the Fastener Industry Coalition,French Ambassador www.fastenercoalition.org. technologies, the “Bonding & Adhe-Fastener Technology International (FTI) is a bimonthly international technical magazine for manufacturers,Visits Würth Group sive Technology Area”.distributors and users of all types of fasteners. The print edition is delivered to thousands of subscribers inmore than 90 countries, and the digital edition is available around-the-clock at www.fastenertech.com. www.fastenershows.comAdditional publications include a monthly newsletter, the Fastener News Report, and the annual FTIThe French ambassador, Anne- www.fastenerfair.com/stuttgartBuyers’ Guide.Marie Descôtes, and Consul Gen-The Mid-West Fastener Association (MWFA) has been representing and serving all segments of the Delivering the World of Fasteners tofastener industry for more than half-a century. MWFA members include fastener manufacturers,eral, Nicolas Eybalin, visited thedistributors, importers and industry suppliers. Details are available at www.mwfa.net.Additional FASTENER TECH™ details and a flipbook edition of the “2017 Exhibition Directory” are Manufacturers • Distributors • End UsersWürth Group in Künzelsau, and atavailable at: www.fastenertech.com/fastenertech.asp.\"FASTKENuEnRsTthECaHll™e: TWheüFrathsteinnerSSchhowwpärbodisuccehd by the February/March 2018 AAPPRRIILL//MMAAYY 22001188 Fastener April/May 2018 FEBRUARY/MARCH 2018 FFEEBBRRUUAARRYY//MMAARRCCHH 22001188 Fastener APRIL/MAY 2018 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrssHFaasllteonnerMIndauyst1ry6,fo2r 0th1e8F.astener Industry\" TOP PRODUCTS OF 2017...P. 56 & P. 134 Focus Fastener Fair USA Preview...42 Focus Focused News, Information and Products for Presented by... Focused News, Information and Products for Presented by... Fastener Distributors, Importers, Manufacturer’s www.fastenertech.com Fastener Distributors, Importers, Manufacturer’s www.fastenertech.com Representatives, OEMs and End Users. Representatives, OEMs and End Users. FASTENER TECHNOLOGY INTERNATIONAL In this issue... FASTENER TECHNOLOGY INTERNATIONAL wire 2018 Fastener Exhibits Update...64 In this issue... Heat Treatment...90 FF News & Info FF News & Info Thread-Locking & Locknuts...142 Asian News Report Fastener Distributor Index Remains in Expansion Mode NFDA Brings Back ESPS® & Leadership Academy; Trump Tariffs & Potential Plans Historic Meeting Effects on the Fastener Industry TOOLING...100 Retaining Rings Roundup P. 113 P. 85 Asian News Report Top Products of 2017... Fastener April/May 2018 Continued from page 61 Impact of Clearance on the Fastener February/March 2018 Shear Properties of Coiled Lightweight Solutions: Spring Pins Fastener Exhibits Focus Key Inserts for Aerospace & Cold Forming...70, 74-79 Focus Presented by... Preview: 62-89 New Riveting Tools Retaining Rings...103 www.fastenertech.com Low-Volume Components Focused News, Information and Products for Focused News, Information and Products for at Market-Leading Delivery Fastener Distributors, Importers, Manufacturer’s Presented by... Threadlocking & Locknuts Fastener Distributors, Importers, Manufacturer’s Times www.fastenertech.com Representatives, OEMs and End Users. Tracking Your Fasteners: Representatives, OEMs and End Users. Tracking Your Fasteners: How Do You Handle Are You Using APIs Yet? In this issue... Outside Processing? In this issue... Reduce the Cost of FF News & Info FF Products FF News & Info Inventory Consumption Asian News Report Fastener Distributor Index FF Products Remains in Expansion Mode NFDA Brings Back ESPS® & Leadership Academy; Trump Tariffs & Potential Plans Historic Meeting Effects on the Fastener Industry Vol. XLI, No. 1 Top Products of 2017... Vol. XLI, No. 2 Continued from page 61 Retaining Rings Roundup Lightweight Solutions: Asian News Report Key Inserts for Aerospace & New Riveting Tools Impact of Clearance on the Shear Properties of Coiled Threadlocking & Locknuts Spring Pins Tracking Your Fasteners: Low-Volume Components How Do You Handle at Market-Leading Delivery Outside Processing? Times FF Products Tracking Your Fasteners: Are You Using APIs Yet? Reduce the Cost of Inventory Consumption FF Products Visit www.fastenertech.com to start or renew your free subscriptionPage 8


Like this book? You can publish your book online for free in a few minutes!
Create your own flipbook