Fastener News Report May 9 2018 Flip

May 9, 2018 Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp • FREE FTI BUYERS’ GUIDE for all paid subscribers Volume 4, Issue 5 INSIDE THIS ISSUEFastener Hall of wire 2018 Featured Excellent Exhibits: Endries Acquires Branam Fastening...............250%+ of Visitors Came with Investment Intentions Buckeye Fasteners Chess Set Winner..............2 Successful Fastener Fair USA in Cleveland.....2 Investment has increased worldwide in the MSC Acquires AIS..............................................3infrastructure, automotive, electrical, renew- Fastener Training Institute Elects Officers.........4able energy and oil and gas pipeline sectors, Fredrik Meuller: New CEO of Nord-Lock..........4and the upstream wire and wire formed prod- FDH Acquires Blue Sky Industries.....................5ucts supplier industries strongly benefited from JW Winco Celebrates 40 Years.........................5this development at the recently held wire 2018. IFI Elections, Awards & Interim MD..................6At wire 2018, a total of 1442 exhibitors from 53 MW Industries Acquires LaVezzi Precision;countries displayed wire, cable and wire form- Launches MW Energy Solutions.......................6ing machinery and production technology in- Centennial Bolt Expansion Via Tax Reform..... 7novations on over 699,600 ft2 of exhibit space. Würth Group Welcomes 75,000th Employee at Würth Brazil.................................................... 7 The fastener technology related exhibits Sales & Net Income........................................... 7found in Hall 15 featured nearly 150 exhibitors Dividends Report............................................... 7displaying machines, materials and acces- Fastener Fair Mexico 2018 in Guadalajara..... 8sories for making all types of fasteners and IFE Secures Dates at Mandalay Bay................8precision formed parts. In 10th NCFA Distributor Social............................... 8addition, dozens of sup-pliers of wire, rod and bar Presented by:that are used in the manu-facture of fasteners were &found in the other exhibithalls of the massive show. Initial Publications, Inc. 1741 Akron Peninsula Rd, wire 2020 will take Akron, OH 44313 USAplace from March 30,2020 to April 3, 2020. in Tl: +1 330 864 2122 • Fx: +1 330 864 5298Düsseldorf, Germany. www.fastenertech.comwww.wire-tradefair.com Chip Lippincott Publisherwww.mdna.com Mike McNulty VP & Editor Jim Masar Senior Editor Tom Hutchinson Global Sales ManagerBoeing to Acquire KLX Including the Aerospace Solutions GroupBoeing, Chicago, IL, USA, has announced it has entered a definitive agreement to acquire KLX Inc. to en-hance its growing services business. The agreement comprises an all-cash transaction for US$63 per shareand the assumption of approximately US$1.0 billion of net debt, totaling US$4.25 billion. Boeing’s acquisitionof KLX Inc. will include KLX Inc.’s Aerospace Solutions Group, and is conditional upon the successful divest-ment and separation of KLX Inc.’s Energy Services Group. KLX Inc. is a major independent provider of aviationparts and services in the aerospace industry. Its capabilities include globalparts distribution and supply chain services for aerospace and defenseindustries worldwide. KLX Inc. will be part of Boeing Global Services and ...Since 1970fully integrated with Aviall. KLX Inc. is also a leading supplier of chemicalcomposites, with this combination broadening the scope of what Aviall can Forged Industrial Productsoffer to customers in this space. Leader in the Eyebolt Industry “This acquisition is the next step in our services growth strategy, with Toll-Free: 888-536-3674a clear opportunity to profitably grow our business and better serve our Locally: 440-993-8091customers in a US$2.6 trillion, 10-year services market,” said Stan Deal, Fax: 440-992-0360President and CEO of Boeing Global Services. boeing.mediaroom.com www.kenforging.com Page 1

BUSINESS & MARKET REPORTMay 9, 2018 Successful Fastener Fair USA Draws Over Notebook 2000 Registants & 250 Exhibitors to Cleveland Endries International Following two successful days, the tener and fixing industry professionals Acquires Branam Fastening inaugural Fastener Fair USA, the only throughout the entire supply chain. Endries International, Brillion, fastener and fixing exhibition in For the attendees, the show WI, USA, has ac- quired Branam the USA for the full supply chain, offered a first-hand look at the Fastening Systems Inc., Cleve- land, OH, USA. Branam sup- came to a triumphant close at latest solutions and technology plies fasteners to the OEM and distribution markets. In addition the Huntington Convention available in the marketplace, net- to stocking over 10,000 unique general fastener items, Branam Center located in Cleveland, OH, working events to facilitate relationships has a market expertise in the stud welding product category. USA, on April 12, 2018. with peers and top-notch educational Endries is a leading distributor of fasteners and Class-C parts serv- More than 2000 registrants attended programs. ing industrial OEMs, worldwide. Endries partners with OEM cus- the show representing professionals “The feedback we have received from tomers through robust replen- ishment systems that provide from the entire supply chain, exceed- exhibitors and attendees has been products and support services, which are critical to maintaining ing the expectations of show organizer, overwhelmingly positive,” said Jes- the manufacturing process www.endries.com Mack Brook Exhibitions, Inc. There sica Boweak, Exhibition Manager for were over 250 exhibitors from 20 Fastener Fair USA. “Exhibitors were Buckeye Fasteners Chess Set Drawing Winner: countries looking to connect with cus- connecting with the people they wanted Chris Floyd of Mid States Buckeye Fasteners Co., Cleve- tomers in the heart of the midwest USA to meet and the education sessions land, OH, USA, congratulates the Fastener Fair USA chess set manufacturing region representing a offered unique value not seen at other drawing winner, Chris Floyd, from Mid States Bolt & Screw. variety of industries like distribution, fastener events. Many exhibitors are Buckeye hopes you enjoy the set, and thanks everyone at the show automotive, aerospace, energy, civil already planning their participation for their interest in the chess set and in Buckeye Fasteners Com- engineering and construction. in 2019, with nearly 20% of the floor pany. See the newest product For exhibitors, Fastener Fair USA already reserved.” lines at the Buckeye website. offered a unique platform for meeting The next Fastener Fair USA will be www.buckeyefasteners.com with new and current customers, find- held in Detroit, MI, USA, at the Cobo Jackie Ventura ing distributors, identifying engineering Center, May 22 to 23, 2019. Sales Representative www.fastenerfair.com/usa opportunities and networking with fas- Phone: 330-467-0102 • Mobile: 216-338-8485 Fax: 330-467-0108 • Email: [email protected] Growermetal achieves qualified to speak on behalf of key upgrade to IATF 16949:2016 business issues that strengthen Web: www.JackieVentura.com awareness among community News & Notes: www.JackieVentura.Net Growermetal Srl of Italy recently leaders, elected officials and deci- announced that the company has sion makers. Skype: Jackie.Ventura1 successfully achieved the upgrade Twitter: @JackieVentura1 from the ISO TS 16949:2009 certifi- www.clickbond.com cation to IATF 16949:2016. New employee representative Growermetal Srl manufactures appointed to Bulten AB board flat washers, safety washers, spring washers and split lock washers for Lars Jonsson has been appoint- railway applications. ed new employee representative to the www.growermetal.com Bulten AB board. Jonsson will take Click Bond wins Excellence in on his duties as employee repre- Advocacy Award from Boeing sentative with immediate effect and for a term of office of three years. Click Bond, Portland, OR, USA, He has been employed at Bulten’s has received a Boeing Excellence in plant in Hallstahammar since 1984 Advocacy Award for 2017. The Boeing Company is- [email protected] sues the award annually www.nationalmachy.com to recognize suppliers who have achieved superior performance in government outreach activities to help government policy makers better understand aerospace is- sues and promote legislation that support aerospace companies. Boeing suppliers are uniquelyPage 2

BUSINESS & MARKET REPORTwhere he has worked as a machine Journeyman Tool and Die Maker. May 9, 2018operator until two years ago when Acme is a major producer ofhe switched to employment as a Notebooktool maker. Thure Andersen will keylocking threaded inserts forremain as deputy. industrial/military use, keylocking MSC Industrial Acquires studs and drill bushings. All Integrated Solutions (AIS) www.bulten.com MSC Industrial Supply Co., www.acmeindustrial.com Melville, NY, USA and Davidson,MacLean-Fogg Component Earnest Machine adds NC, USA, a premierSolutions awarded by Toyota new drilling capability distributor of MRO products and services to indus- The Metform division of Ma- Earnest Machine has added new trial customers throughout North cLean-Fogg Compo- equipment at its Rocky River, OH, America, has acquired All Inte- nent Solutions (MFCS), USA, facility that en- grated Solutions (AIS) from New ables the company York-based private equity firm,a supplier of forgings, fasteners and to do high-volume production and High Road Capital Partners.machined parts, was recognized specialty drilling of holes from 3/64\" AIS is a leading value-addedwith an Excellent Quality award to 13/32\". distributor of industrial fastenersfrom Toyota Motor North America, and components, MRO suppliesInc. (TMNA), at its recent Annual “Earnest has always offered and assembly tools based inSupplier Business Meeting (ABM). low-volume drilling of parts,” said Franksville, WI, USA. The stockABM brings together approximately Al Shannon, Manufacturing Man- purchase transaction closed on850 supplier representatives from ager at Earnest Machine. “This new April 30, 2018.across North America. equipment opens up additional AIS delivers production fasteners opportunities, enabling us to bring and custom tool and fastener Dave Lomasney, MacLean-Fogg more drilling services in-house and solutions for use in the assemblyComponent Solutions President, allows us to take on higher-volume of manufactured commercialstated, “We are honored to receive runs of up to one million pieces.” and consumer products. Thethis recognition from Toyota. Mac- company’s 135-plus associatesLean-Fogg employees have been Shannon noted that adding high- serve customers in Wisconsin,focusing diligently on LEAN manu- volume drilling capabilities equips Minnesota, Michigan, Iowa, In-facturing, innovation and quality the company to offer one-stop diana and North Dakota.work. This outstanding award for shopping for customers who need MSC plans to maintain AIS’ op-the Metform team is proof that our specialty work, making custom jobs erations, providing customersefforts are creating tangible results.” quick and easy. In addition to the access to MSC’s 1.5 million-plus ability to drill small-diameter holes product portfolio to support their www.macleanfogg.com in small parts in large volumes, full metalworking and MRO Earnest continues to offer hex needs. Additionally, MSC willAcme promotes George head and socket head drilling up extend AIS’ production fastenerMargelos to GM to 1-1/4\" diameter, thread drilling and vendor-managed inventory up to 2\" diameter, core drilling up solutions to MSC’s manufacturing Acme Industrial Company, Car- to 2-3/4\" deep and tapping up to customers.pentersville, IL, USA, a subsidiary of 2-1/2\" deep. www.mscdirect.comJergens, Inc., has promoted GeorgeMargelos to General Manager. www.earnestmachine.com www.fastenercoalition.orgMargelos had previously beenAcme’s Plant Manager since join- STANLEY® signs on as ing the company in 1996. He is a official partner of DS Virgin Racing Formula E Team Stanley Black & Decker, New Brit- ain, CT, USA, has announced that its STANLEY® brand is now an Official Partner of the DS Virgin Racing Formula E Team, starting with the recent FIA Formula E Championship race at the Circuit des Invalides in Paris, France. Page 3

BUSINESS & MARKET REPORTMay 9, 2018 Fastener Training Institute Elects Officers Notebook Officer elections were held at the most in the creation of FTI and served on the Fredrik Meuller Named New recent Fastener Training inaugural Board of Directors CEO of Nord-Lock Group Fredrik Meuller has been ap- Institute (FTI) Board of Di- until this year. pointed the new CEO of the Nord-Lock Group, effective June rectors meeting. The results The Fastener Training Insti- 1, 2018. He will be based in the head office in Malmö, Sweden. of the election are as follows: tute is a registered 501(c)6 Born in 1970, Meuller has spent the past 16 years in various • President: Tim Roberto, Jr., non-profit. FTI relies on the support of management positions within the Trelleborg Group (a publicly Star Stainless Screw the fastener community to continue to listed Swedish company within industrial polymers), the last six • Vice President: Gene Simpson, operate and grow. Support the FTI by of which were spent as Business Area President for Trelleborg Semblex Corporation attending its classes and webinars or Offshore & Construction. • Secretary/Treasurer: Dallas by sponsoring an event. Tax deductible Puckett, Valley Nut & Bolt donations are accepted through the • Managing Director: John Fastener Education Foundation: Wachman, Desert Distribution www.FastenerEducationFoundation.com Sales, LLC The Fastener Training Institute’s core The FTI also welcomed its new Board purpose is to enhance fastener use, of Directors Member, Chris McCaf- reliability and safety by providing frey of R & D Fasteners. He will join fastener product and technical train- Andy Cohn of Duncan Bolt, to fill ing at all levels. Through this, FTI can the Board. achieve its goal of strengthening the Jennifer Sturm of Empire Bolt, industry and its personnel in all seg- leaves the Board with FTI’s deepest ments. Visit the website below for a thanks and appreciation for her years complete listing of FTI events. www.FastenerTraining.org of service. Jennifer was instrumental “I am very excited about join- As part of the agreement, STAN- derscores Stanley Black & Decker’s ing the Nord-Lock Group at this LEY Engineered Fastening will pro- commitment to sustainability and stage of its development,” said vide technical and operational reducing environmental impact. Meuller. “The market-leading Aligning with Virgin, another highly position within secure bolting support to the DS Virgin purpose-driven organization, the solutions worldwide, strong Racing team, which was partnership is in keeping with the brand, impressive performance recently victorious in the company’s broader ECOSMART™ track record and cutting-edge Formula E Season 4 race in Rome. plan and pledge to become carbon in-house competence are all Along with providing tools, fasten- positive by 2030. features that make the Group an ing systems and solutions and other www.stanleyblackanddecker.com attractive workplace. I look for- high performance products to the ward to working closely with our team, STANLEY will be collaborat- Bufab to use its authorization staff and customers on further ing with DS Virgin’s engineers to to repurchase own shares accelerating the firm’s growth develop new technologies and agenda and bringing new value- innovations that enhance the per- The Board of Directors of Bu- adding solutions to both existing formance of the fully electric race fab AB has resolved, and prospective customers.” cars, eventually bringing these tech- pursuant to the au- nologies to everyday road vehicles. thorization granted by the annual www.nord-lock.com STANLEY Engineered Fastening general meeting held on April 26, has been revolutionizing fasten- 2018, to repurchase the company’sPage 4 ing and assembly technologies for own shares on Nasdaq Stockholm. almost 100 years, and its stable The purpose of the repurchase is of well-known brands includes to hedge Bufab’s future delivery of Avdel, Nelson, POP, Tucker and Spiralock. Today, more than 90% of all new automobiles and light trucks manufactured in Europe and North America use the company’s engineered fasteners. In addition to providing a plat- form for cutting-edge technology and innovation, the partnership un-

BUSINESS & MARKET REPORTshares to the participants of Bufab’s from its North American Divisions May 9, 2018long-term call option program, and sees continued growth in 2018.which was resolved by the 2018 Notebookannual general meeting. Over the past 10 years, Winco has greatly increased capacities to FDH Acquires Blue Sky The repurchase commences on fulfill the demand experienced byMay 7, 2018, and is being admin- expanding staff and sales channels Fastener Distribution Holdingsistered by Svenska Handelsbanken in the USA, Canada and Mexico.AB, which will take trading decisions (FDH), Arlington, TX, USA, a port-independently of Bufab with regard JW Winco now has more thanto the timing of the repurchases. 60,000 sku’s in stock and has folio company of Audax Private introduced over 500 new and ex- Purchases may comprise a panded series of inch and metric Equity, has acquired Blue Skymaximum of 350,000 shares and size standard product offeringsmay take place on one or several including modern hygienic design Industries, a Monterey Park, CA,occasions prior to the 2019 annual components. The company hasgeneral meeting. The repurchases also expanded its shop, assembly USA-based distributor of c-classwill be made at a price within the and machining facility to improveregistered price interval at any given its capabilities and flexibility to up- parts to aerospace and defensetime, which refers to the interval be- grade and deliver special customertween the highest buying price and requests even in small quantities. MRO and OEM customers. Thethe lowest selling price. Payment forthe shares will be made in cash. www.jwwinco.com acquisition strengthens FDH’s Total number of shares in Bufab Optimas Solutions in China position in the MRO distributionis 38,110,533, and Bufab holds recognized by Caterpillar 333,950 of its own shares. In the with Best Quality Award market and expands FDH’s oper-event of a fully executed sharerepurchase, Bufab will own shares Optimas Solutions of Suzhou, ating footprint into Europe.representing approximately 1.8% of China, has been recognized byissued shares in the company. Caterpillar logistical center for its Scott Tucker, CEO of FDH, said, constant efforts towards a zero de- www.bufab.com fect culture, by being awarded with “Blue Sky is a well-respected its 2017 Best Quality Award.JW Winco celebrates 40 years leader in aerospace parts distri- May 2018 marks the 40th anniver- The world-leading Fortune 100 manufacturer of machinery and en- bution with an excellent reputa-sary and success of JW Winco, Inc., gines singled out industrial distribu- New Berlin, WI, tor and service provider, Optimas tion and leadership team. The USA, A Ganter Solutions, due to the company’s exceptional service of Caterpillar acquisition is a perfect exampleCompany. Since its beginnings in logistical facilities in China. Spe-1978, family-owned Winco contin- cifically, Optimas Solutions provides of our ongoing strategy to com-ues to lead a new generation of timely deliveries of high-qualityinnovation and solutions for the fasteners and c-class components. plement organic growth withstandard parts industry. A reliable supply of components strategic acquisitions of industry Winco saw sales increase by is key to any manufacturer, with a10% to over US$16.5 million in 2017 combination of assured compo- leading companies.” nent quality and reliable logistical Blue Sky is FDH’s third acquisi- tion, and first completed since Audax Private Equity invested in tFhDeHcSoismpapoaltenlayidgininh2gt0d1o7is.ntriNbuItFoSr /oWf EST Ex aerospace fasteners and other c-class components to com- Wrentham mmaenr cuifaalcatVuPonrlledBtarosIsontdi,tdchessu7fueIs5n1tbnrcics.aoel ntarai rcctroarfst Bo Wrentham Tool P andVcolot Imndpusotrniael Pnlatstdicsi’ssturbisbidu- tors ducing Cold Hea throupiargroyhduJVcitesuTonAoiqlru,leicnapnlgastdtoiecsnfiagsntIennatenerdsrna- for the fastener in tionaanldAinvjeicatiotinomnoldPerdopdarutsctthsat and We produce both tooling used to m from simple nails Aircryoaoufurt ncFueaerrdse.tnOet unpreacrratstsaIloonrgtveciosrninttaaoiuntisronal screws and bolts divismioantesr.ials page for a list of the inventory of tooli worldwide. Wren pinoswlywmweewurss.,aecoitro-cprmoalayfntmfuaefsrasct,.tcaunordemroeusr- the reputation for preciwsiwonwp.laasitaicpfianscte.cnoerms. the most depen mance in the indu manufacture TO TORQ-SET®,PHIL ACR® ribbed PH PHILLIPS II®, MO TORX® and QUA Volt Industrial Plastics, Inc. www.wren 700 Hwy.w20w2wW.vo• lYtpelllvaislltei,csA.Rco7m2687, USA Contact: Heidi Volltrauer, COO Toll-Free: +1 800 844 8024 Toll-Free Fax: +1 877 453 8707 Web Site: www.voltplastics.com E-Mail: [email protected] Page 5

BUSINESS & MARKET REPORTMay 9, 2018 IFI Elects New Chairman & Vice Chairman & Notebook Names Soaring Eagle Awards and Interim MD MW Industries Acquires The Industrial Fasteners Institute (IFI), Don Kubkowski of LaVezzi Precision; Launches MW Energy Solutions Independence, OH, USA, held its An- Sems and Specials, Inc. MW Industries, Rosemont, IL, USA, a leading provider of highly nual Meeting in Kiawah Island, SC, USA, • Div. II – Aerospace Fastener engineered springs, specialty fasteners, March 3 to 6, 2018. The newly elected Products: machined parts and other precision components, has IFI Chairman for the period 2018 to 2019 Pat Wells of acquired LaVezzi Precision, Inc., Bloomingdale, IL, USA, a lead- is Phil Johnson The Young Engineers, Inc. ing manufacturer of precision machined components used by of Agrati and the • Div. III – Automotive Industry the medical device industry. LaVezzi was founded over 100 newly elected Fastener Group: years ago as a manufacturer of components for motion picture Vice Chairman is Manny DeSantis of Ryan Surber of ATF, Inc. projectors. The firm reinvented itself in the mid-1980s as a high- Valley Fastener Group, LLC. • Associate Suppliers’ Division: precision component supplier to the medical device market. In addition to Johnson and DeSantis, the Brian Bonebrake of Johnstown MW Industries also announces the launch of MW Energy Solu- Board of Directors also includes: Wire Technologies Inc. tions to help address the specific needs of energy, oil and gas and • Preston Boyd of Also, during an awards ceremony held at petrochemical producers. MW Energy Solutions brings TRAMEC Hill Fastener the 2018 Annual Meeting, the IFI Soaring the broadest range of product solutions and services focused • Jeff Liter of Eagle Service Award was presented to on the unique requirements of the energy market. It brings to- Wrought Washer Mfg., Inc. Robert J. Harris, now retired from IFI; gether five MW Industries brands (Engineered Spring Products, • Michele Clarke of and the IFI Soaring Eagle Technology USA Fastener Group, Maudlin Products, BellowsTech and Ser- Valley Forge & Bolt Mfg. Co. Award was presented to Michael Lawler vometer) under one umbrella to help provide solutions quickly • Kevin Johnson of of Continental Aero. and cost effectively. Birmingham Fastener, Inc. The Soaring Eagle Service Awards www.mw-ind.com • Larry Valeriano of bestowed by the IFI are meant to rec- California Screw Products Corp. ognize individuals who have contributed • Owe Carlsson of Arconic outstanding time and effort in the leader- Fastening Systems & Rings ship of the Industrial Fasteners Institute, • Wayne Drysol of and/or who have contributed to the health 3V Fastening Systems (CAM) and well-being of the entire industrial • Ed Lumm of fastener industry. Shannon Precision Fastener, LLC And at the end of April, IFI informed mem- • David Hebert of bers that Ken McCreight is no longer the Freeway Corporation Managing Director of the IFI. Rob Harris • Chris Rink of has agreed to a consulting agreement to Prestige Stamping, Inc. assume the duties of Managing Director • Brian Bonebrake of Johnstown on an interim basis while the IFI resumes Wire Technologies Inc. the search for a long-term Managing The Division Chairs for IFI are: Director. www.indfast.org • Div. I – Industrial Products: delivery systems a key proponent three market regions. of ensuring uptime in production In Europe, where Bossard gener- operations. ates about 60% of its sales, growth Working with Caterpillar logistical was 14.8%. Business in America center, Optimas Solutions has been and Asia also made a strong continually improving product qual- contribution to this first quarter ity, which is measured in parts per performance. The above-average million (PPM) defect rates. sales growth confirms the Group’s investment policy of previous years, global.optimas.com which has allowed it to systemati- cally consolidate its market position Bossard: Successful start to in different countries and regions. the year with best quarter Above all, this surge in growth in company history had a positive impact on earnings performance. The Bossard Group continues its high-level growth with sales in the Bossard said business perfor- first quarter of 2018, hitting a record- mance in the first quarter bodes breaking CHF 220.4 million, for an well for the coming months. Sales increase of 10.9% (+8.7% in local volumes in fiscal year 2018 are currency). Once again, the Group expected at CHF 850 million, com- posted broad-based growth in all pared to last year’s CHF 786 million.Page 6

BUSINESS & MARKET REPORTWürth Group Welcomes 75,000th Employee at Würth Brazil May 9, 2018The largest company of the Würth Telesales Rep, she will work with Au- –reNcentoly tebookGroup in Latin America, Würth Brazil, tomotive Division customers. Centennial Bolt Expansion Due to Tax Reformwas founded in 1972. The subsidiary in Despite an increased focus on e-busi- An article at the National Asso- ciation of Manufacturers (NAM)Künzelsau, Cotia, has 1300 employees ness and branch office expansion, the website, www.shopfloor.org, says that Centennial Bolt hason the payroll. Würth Group considers direct selling big plans for the future. The fastener company, which hasHer first working day held a surprise to be the mainstay among its various grown to be a leader in the Rocky Mountain region, and with itsfor new Sales Representative, Juli- sales channels. One of Würth’s suc- sister companies employs 50, is planning to build a new plantana Aragão—she was welcomed as cess factors is considering customers in the midwest USA, add new product lines, increase the size ofthe 75,000th employee of the globally as equal partners. The Würth Group its workforce and give out more bonuses as a result of savingsoperating Würth Group. has more than 46,000 Sales Rep- and increased competitiveness from the recent passage of his-“I always wanted to work in an interna- resentatives on board who maintain toric tax reform legislation. Mark Cordova, President oftionally active business such as Würth personal relationships with more than Centennial Bolt and longtime champion of American manu-and am very happy that I’ve been given 3.5 million global customers. facturing as part of the NAM’s www.wuerth.com Executive Committee, is hailingthe chance to do so,” said Aragão. As the recently signed legislation as a key factor in launching a newS ales & N et Income Table Net Income wave of growth, investment andCompany Sales %∆ (Net Loss) %∆ opportunity at the company.3M Company 8278 8 602 -54 “I’m mapping out putting in a new plant in the Midwest,” Cor-Anixter International Inc. 1964 4 32 4 dova said. “The new product line we will launch from the facility isApplied Industrial Technologies 828 22 37 24 something now being produced mainly in China. We’re actuallyArconic 3445 5 143 120 going to be at a competitive level to build it in the USA again.”Bulten AB* 853* 10 48* -6 For more on the products and services of Centennial Bolt, visit:Fastenal Company 1186 13 174 30 www.centennialbolt.comGrainger 2766 9 232 32 www.ndindustries.comIllinois Tool Works 3744 8 652 22Lawson Products 84 13 1 44MSC Industrial Cupply Co. 769 9 118 119Stanley Black & Decker 3209 12 171 -57Trimas Corporation 217 9 24 248Latest Quarterly Sales and Net Income (Loss) numbers are shown in US$ millions. %∆ relative to 2015 quarterly data.* Millions of Swedish KronasConfidence in this forecast is based Quarterly Dividends Report...on the Group’s ability and strengthin different markets and countries • Fastenal Company, Winona, MN, USA,along with other meaningful growth has declared a dividend of US$0.37 perindicators. share to be paid in cash on May 23, 2018, to shareholders of record at the close of busi- www.bossard.com ness on April 25, 2018. investor.fastenal.com • MSC Industrial Supply Co., Melville, NY, USA, has declared a cash dividend of US$0.58 per share, payable on May 1, 2018, to shareholders of record at the close of busi- ness on April 17, 2018. cdn.mscdirect.com • Stanley Black & Decker, New Britain, CT, USA, has approved a regular second quarter cash dividend of US$0.63 per common share, payable on June 19, 2018, to shareholders of record as of the close of business on June 6, 2018. ir.stanleyblackanddecker.com • W.W. Grainger, Inc., Chicago, IL, USA, will raise the quarterly cash dividend by 6.3% to US$1.36 per share payable on June 1, 2018, to shareholders of record on May 14, 2018. pressroom.grainger.com Page 7

EVENTS & OPPORTUNITIESFastener Fair Mexico 2018 Event organizer, Emerald Expo- May 9, 2018 Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp • FREE FTI BUYERS’ GUIDE for all paid subscribersin Guadalajara, Mexico sitions, Los Angeles, CA, USA, has leveraged decades of relationship- EVENTSMay 17, 2018 After three successful editions in building to secure the Las Vegas NCFA Distributor Social Mexico City, Fastener Fair Mexico dates for an unprecedented multi- Independence, OH, USA   moves to Guadalajara, looking to year contract, allowing the fastener www.ncfaonline.combetter serve the Mexican market- industry to plan future travel andplace in need of industrial fastener schedules around the event. May 18 – 19, 2018 and fixing solutions. Fastener Fair   Fastener Fair India 2018, New Delhi, India Mexico 2018 will be held June 20 The 2019 and 2020 shows will   www.fastenerfair.com/indiato 21, 2018, at Expo Guadalajara. continue with the two-and-a-half- day schedule, allowing exhibitors a June 4 – 5, 2018   According to ProMexico, which chance to set up their own booths MWFA Fastener Show, Elk Grove Village, IL, USA promotes international trade and and the extra time to attend a “Pre- www.mwfa.netinvestment, market opportunities view Day” with early, private accessin the State of Jalisco involve major to connect with global source and June 5 – 6, 2018 manufacturers in key industries machinery and tooling vendors.   NFDA Annual Meeting & Executive including aerospace, automotive,   Planning Sessions, Chicago, IL, USA medical devices, electrical/elec- www.fastenershows.com   www.nfda-fastener.orgtronics, appliances, infrastructure/construction, IT and mining. 10th NCFA Distributor Social June 20 - 21, 2018   On May 17, 2018, the North Coast Fastener Fair Mexico 2018, Guadalajara, Mexico “We produce Fastener Fair in sev- www.fastenerfair.com/mexicoen countries and this will Fastener Association (NCFA) willbe the first time we bring host its 10th annual NCFA Distributor August 8 – 11, 2018 this event with over 150 Social. NCFA’s original goal was to   Pac-West 2018 Fall Conf., Whitefish, MT, USA exhibitors to Guadala- recreate a networking event similar www.pac-west.orgjara, a city full of opportunities,” said to the second floor of theMelissa Magestro, of event orga- Hyatt Hotel after the old September 18 – 21, 2018   nizer Mack Brooks Exhibitions Inc. Columbus Fastener Show ICNFT 2018, Bremen, Germany “We are expecting to attract over many years ago, and the industry www.icnft2018.com2000 industrial fastener buyers, was very receptive to the idea. NCFAengineers and distributors. It will be knew from the start it was important September 26 – 27, 2018   a great opportunity to connect with to keep it simple, so the focus for Fastener Fair Italy 2018, Milan, Italy fastener buyers and distributors attendees could be on the social www.fastenerfairitaly.comat Latin America’s only dedicated and networking aspect. There areindustrial fastener exhibition.” no booths to drag in and set-up and October 21 - 23, 2018   you are not stuck “working” behind International Fastener Show China 2018 www.fastenerfair.com/mexico a table top all evening.  Shan ghai, China   En.Afastener.comIFE Secures Dates at Mandalay The Distributor Social is exactlyBay Through 2020 what it is—a networking event with October 30, 2018 – November 1, 2018 many top distributors and sup- International Fastener Expo - IFE 2018 The International Fastener Expo pliers in the fastener industry all Las Vegas, NV, USA (IFE), first established in 1981 and gathered in one room. You are free www.fastenershows.comholding consecutive to roam the entire evening talkingevents for over three to customers, potential customers, October 30 2018 – November 2, 2018 decades, has secured the Manda- vendors and industry friends.   Korea Metal Week 2018, Korea lay Bay Convention Center for its www.korea-metal.comannual event, through 2020: The NCFA thanks participants for• IFE 2018 - October 30, 2018 their continued yearly support to November 28 – 29, 2018   make this event a continued suc- Fastener Fair France, Paris, France to November 1, 2018 cess. Find additional information on www.fastenerfairfrance.com/enlgish• IFE 2019 - September 17 the 10th Annual Distributor Social at the website below. May 22 – 23, 2019   to 19, 2019 Fastener Fair USA, Detroit, MI, USA • IFE 2020 - September 28 www.ncfaonline.com www.fastenerfair.com/usa to 30, 2020 June 3 – 5, 2019   FASTENER TECH™ ’19, Rosemont, IL, USA Page 8 www.fastenertech.com • www.mwfa.net September 17 – 19, 2019 International Fastener Expo - IFE 2019 Las Vegas, NV, USA www.fastenershows.com September 28 – 30, 2020 International Fastener Expo - IFE 2020 Las Vegas, NV, USA www.fastenershows.com Don't Miss On-Demand Fastener Talk Radio! FTR is talk radio for the fastener industry, featuring guests, commentary and conversation designed to inform and entertain fastener professionals. Available any time in streaming or download formats. Tune in today! Log on to listen to Fully Threaded Radio: www.fullythreaded.com