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Home Explore Fastener News Report July 16 2018 Issue Flipbook Edition

Fastener News Report July 16 2018 Issue Flipbook Edition

Published by mcnulty, 2018-07-12 13:09:06

Description: Fastener News Report July 16 2018 Issue Flipbook Edition


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July 16, 2018 Subscribe, read or advertise @ • FREE FTI BUYERS’ GUIDE for all paid subscribers Volume 4, Issue 7 INSIDE THIS ISSUE Results of “Lightweight Forging” Research......2 TR Fastenings’ Products for EV Charging.........2Fastenal to Expand in Winona with Project KAMAX Breaks Ground in Mexico...................2 Nyström is New President/CEO at Bulten.......3to Invest & Bring Jobs to the City’s Downtown R & R Engineering Posts Growth Record.........3 Acument Global names TORX® Winners........ 3 The city of Winona, MN, USA, and the Fastenal Company have an- EFC Opens Office & Warehouse in Mexico.....4nounced a significant new development project that will bring hundreds Automotive Fastener Market Growth...............4of jobs to the city’s downtown riverfront. Fastenal has announced plans Mid Continent Nail Says: Steel Tariffs areto build new office space on property it has purchased between the Mis- Causing Sales Drops & Layoffs......................5sissippi River Bridge and Second Street. The project will create space for Carriage Bolts from Steel City Bolt....................5 Yardley Products welcomes H.W. Eckhardt.....5approximately 400 to 600 employees in the new downtown location and NFDA’s New Leadership & Members..............6will build on energy of other projects and the broader effort of Opportunity Optimas Acquires Circle Bolt & Nut.................6Winona to energize this part of the community. Fastenal was founded in Birmingham Fastener Wins Award..................6Winona and sells different types of industrial and construction supplies FDI Jumps to 62.3 in June................................. 7to customers in a number of different product categories. The company Arnold Umformtechnik: Captive Fastening..... 7 New Acument Global President/CEO.............. 7expects construction could start in late 2019 or early 2020. Dividends & Conference Calls.......................... 7 “Winona has been an important part of our success over the last 50 plus FASTENER TECH™ ’19 Forms & Floor Plan.......8years,” said Dan Florness, Fastenal’s President and CEO. “This project is away to support Opportunity Winona, to provide for existing and future space Presented by: of theneeds from our growth and to further strengthen the long-term developmentcommunity and the downtown area.”“This is an important day for Wi- &nona and shows the amazing impactOpportunity Winona is having on this Initial Publications,,” said Winona Mayor Mark Peterson. “For more than 50 years, 1741 Akron Peninsula Rd,Fastenal and Winona have been connected together as our city has grown Akron, OH 44313 USA Tl: +1 330 864 2122 • Fx: +1 330 864 5298and this great company has expanded here.” www.fastenertech.comMDM Releases 2018 Top Fastener Distributors List Chip Lippincott Publisher Mike McNulty VP & Editor MDM (Modern Distribution Management), Lafayette, CO, USA, which Jim Masar Senior Editor Global Sales Managerprovides competitive intelligence for whole- Tom Hutchinson sale distribution, has released its 2018 TopDistributors List. The list analyzes 14 industry sectors by revenue size, and canbe freely downloaded at the MDM website. The 2018 list’s top fastener dis-tributors, alphabetically with annual revenue numbers are: Bisco Industries:US$156,950,000, Bossard America: US$222,300,000, Copper State Nut &Bolt: US$148,390,000, Eastern Industrial Supplies Inc.: revenue not avaiable,EFC International: US$89,360,000, Endries International: US$428,940,000,Fastenal Company: US$1,560,018,000, The Hillman Group: US$838,368,000,Kimball Midwest: US$240,000,000, KLXInc.: US$1,090,000,000, Lawson Prod-ucts: US$305,907,000, McMaster-Carr:revenue not avaiable, MSC IndustrialSupply: US$2,887,744,000, Optimas OESolutions, LLC: US$330,670,000, W .W .Grainger: revenue not avaiable, Wesco Aircraft: US$1,429,429,000, andWurth - Americas: US$2,135,456,000. To learn more and download the report, visit: Page 1

BUSINESS & MARKET REPORTJuly 16, 2018 Results of “Lightweight Forging” R esearch Network Notebook After over three years of intensive re- committees produced analyses and re- search work, the results of the “Light- TR Fastenings Offers weight Forging” Research search in the precompetitive projects, Products for EV Charging Network will be presented TR Fastenings, is working with during a comprehensive funded in the collaborative a number of firms involved in closing event on October 11, 2018, in the design, manufacture and Düsseldorf, Germany. In six subproj- industrial research program development of Electric Vehicles ects, researchers from ten institutes (EVs), with main focus on the as- have developed new steel and steel (IGF) of the Federal Minis- sociated charging hybrid solutions for the chassis and units. Along with powertrain. The projects focused on try for Economic Affairs and Energy extensive product material concepts and production tech- ranges typically nologies for high-performance gears, (BMWi). used in electric manufactured gears made of forged charging units, TR parts with different materials as well “With this event and also offers technical knowledge, as sheet stacks, newly designed piston sector expertise and experience pins and forged steering knuckles in a reports on the subproj- to support these customers. TR hybrid design. Other important aspects is already actively supporting of the work included life cycle consid- ects to be available at a number of key customers in- erations and determining innovation volved in design or manufacture obstacles when implementing new the beginning of 2019, of EV chargers for commercial technologies in an industrial context. and residential use. Close collaboration among research- implementation of the ers and companies in the project results in an industrial KAMAX Breaks context will be promot- Ground in Mexico ed to strengthen the Hans-Werner KAMAX recently took its first Zoch step to build a new production position of Germany site in Mexico. A groundbreak- as a business location, and to ensure ing ceremony took place in Colinas de that the image of steel continues to León industrial park, where the new plant will be located. It was improve through the results relating joined by the Mayor of León, Luis Ernesto Ayala Torres, the to lightweight design for forged parts,” Director of Municipal Economy, Ramón Alfaro Gómez and said Professor Hans-Werner Zoch, Carlos Mena, CFO of KAMAX Museros, Spain, who is Project Research Network Chairman. Leader for the Mexican build-up. To learn more, visit: Essentra acquires Nolato Nertila Financial Officer, Duncan Hinks, UK-based Essentra plc recently will be leaving the acquired 100% of the share capital business at the end of September 2018. Hinks h6aJusly 2018 of Nolato Hertila AB been with the firm since 2011 and for a cash consid- has had a key role in a number of eration of approxi- mately SEK 58 million (£4.9 million), milestones, most recently the sale of subject to customary adjustments. a nonEcSSoErNeTRAsPuLbC sidiary business for A leading US$440global provider of emsseinlltiiaol cnomaposnepntas arntdosfoltuhtioensa strat- Based in Sweden, Hertila is a leading manufacturer and dis-ACQUISITION eOFgNyOLtAoTOfoHEcRuTILsAmIN CoOrMePOoNEnNTpS rDoIVIdSIOuNction of tributor of caps and plugs and specialist alloy components for theEssentra plc (“Essentra” or “the Company”) today announces that it has acquired 100% of the share capital other plastic components for a aerospace, power generation andof Nolato Hertila AB (“Hertila”) for a cash consideration of approximately SEK 58m (c. £4.9m), subject to customary adjustments. wide range of indusBatsreidainl end mar-Sweden, Hertila is a automotive industries.leading manufacturer and distributor of caps and plugs and other plastic kets including automotive, mining, Doncasters has already beguncomponents for a wide range of industrial end markets – including automotive, mining, coating, hydraulics and medical – and will be reported under the Company’s Components division. The acquisition of Hertila coating, hydraulics and medical. the process of finding a successor.not only expands the division’s product range but also adds manufacturing capacity in Scandinavia, complementing Essentra’s existing facility in Sweden. www.doncasters.comHertila becomes a part of Essentra’sFor the year ended 31 December 2017, Hertila generated revenue of SEK 39.9m (c. £3.4m). Hertila has Components division. The acquisi-been acquired on a cash-free, debt-free basis, funded from existing facilities, and the transaction will be immediately earnings enhancing to the Company. tion of Hertila BTM is ISO9001:2015expands the division’sCommenting on today’s announcement, Paul Forman, Chief Executive, said: certified product range and adds manu- ISSCO Inc.,dba BTM Manufactur-“The acquisition of Hertila is a further example of our Components division strategy being put into action, facturing capacity in Scandinavia, ing, Kansas City, MO, USA, is nowfollowing on from the Micro Plastics transaction at the end of last year, where the integration is in line with expectations. As a leading provider of caps and plugs, Hertila strengthens one of our core product ranges, complementing Essentra’s existingadds valuable injection moulding capability in Northern Europe and provides attractive opportunities for cross-selling, making it a great strategic fit with our own business.” facility in Sweden. Duncan Hinks to leave Doncasters Group Burton Upon Trent, UK, manufac- turing business, Doncasters Group Ltd., has announced that its ChiefPage 2 1

BUSINESS & MARKET REPORTISO9001:2015 certified. ISSCO INC Acument Global names TORX® July 16, 2018dba BTM Manufacturing’s quality Drive System award winnersmanagement system is aligned Notebookand integrated throughout its busi- Acument Global Technologies,ness model with continued focus Inc., Belvidere, Anders Nyström is New on customer satisfaction. ISO9001 IL, USA, has an-helps organizations demonstrate to President/CEO at Bultencustomers that they can offer prod- nounced the 2017 winners of itsucts and services of consistently TORX® Drive System World Class The Board of Bulten AB hasgood quality. It also acts as a tool Quality Awards. Eight drive tool appointed Anders Nyströmto streamline their processes and and 25 fastener makers in China, as new Presidentmake them more efficient at what Germany, Malaysia, Mexico, Sin- and CEO. He takesthey do. BTM Manufacturing is com- gapore, Spain, Taiwan and the USA up the post on February 8, 2019.mitted to continual improvement/ were among the Acument TORX Nyström is a Mechanical En-efficiencies to benefit customers licensees receiving the award. gineer with supplementary TORX Drive Tool Licensees include: education in leadership and • Pratt-Read, LLC economics. He has extensive • Progressive Chun Yip Co., Ltd. international experience fromBossard announces • Snap-On Incorporated the automotive industry and hasmanagement change • Snap-On Incorporated previously held several leading • Walter Schröder GmbH positions within Kongsberg Au- The Board of Directors of Bossard • Western Forge tomotive, Volvo Cars and Fordhas appointed Dr. Frank Hilgers as • Yih Cheng Factory Co., Ltd. Motor Company. Anders joins • Zephyr Manufacturing Co. Bulten from IAC Group where he the future Manager was VP Commercial since 2018. of the business units TORX Fastener Licensees incude:in the northern and eastern Euro- • Air Industries www.bulten.compean economic area. As of May 1, • ARNOLD Umformtechnik GmbH2019, Dr. Hilgers will take over this • Arnold Fasteners Co., Ltd. R & R Engineering Posts area of responsibility from Dr. Daniel • ATF, Inc.Bossard, in addition to his previous • CAMCAR® de Mexico Growth Record of 20.5%group-wide responsibility for the • CAMCAR® LLCcategory management. • Continental Midland, LLC R & R Engineering Co., Sum- Dr. Hilgers is currently respon- • Continental Midland, LLCsible for global category manage- • EJOT Fastening Systems Co. Ltd. mitville, IN, USA, posted a re-ment and distribution brands of • EJOT GmbH & Co. KG,high-quality fastening solutions. • Holbrook Manufacturing, Inc. cord-setting 20.5% In-line with the long-term ori- • Ideal Fasteners, Inc.entation of the Bossard Group, the • Industrias Lotu, SA growth in May 2018Board has decided early on and • ITW Shakeproof concluded the succession arrange- for cSliepnot sthlipgmhetnotsn, bNreIaFkSin/gWEST Exments that have been made neces- Industrial Group 49 years of records. R & R Engi-sary by the planned retirement of • Lih Ta Fasteners Co., Ltd.longstanding CEO, David Dean. • Penn Engineering & Mfg. neering is one of the largest vol- • QST International Corp. • Semblex uthmreeadmeadnVsuPotfullatadcsIsnttiudcarsuenIsrndtsrci.awolfirUe -fboormltss, Wrentham • Sin Fu Shan International • Southco, Inc. Bo • Stanley Engineered in the USA. Booth 751 Wrentham Tool P Fastening/Tri-Star Also,ViaorRlyt I&JnVduRTsotorhila,alcsPalnarsedticecsse’igsnuntblaysinddc-om- ducing Cold Hea • TR Formac Pte., Ltd. pletepdrodituscenuneiqwuee psltasbticufailsdteinnegrs ad- for the fastener in • Unisteel Fastening ditionyanoduainnnejdeedct.aioOdnudmr ceoaldtdaelodsgepcavoretnsrtatahinlastnew We produce both tooling used to m Systems Co. Ltd. • Unisteel Technology from simple nails screws and bolts (M) Sdn. Bhd. AutoomuractuerdrenBtepnarttsBoorltvimsitaocuhr ines inventoryoftooli leadpminoalgtyemriinearltsso,pcoat-ghpeoelfyomrreaecrlsoi,satrndodf rstehese-tting worldwide. Wren monitnhs owfeMusae yto2m0a1n8uf.acture our the reputation for the most depen wpwrewci.sriaonn dplraesntigc finaseteenreinrsg. .com 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.w2w02wW.vo•lYtpelllavsiltleic,sA.cRo7m2687, USA Contact: Heidi Volltrauer, COO Toll-Free: +1 800 844 8024 Toll-Free Fax: +1 877 453 8707 Web Site: E-Mail: [email protected] Page 3

BUSINESS & MARKET REPORTJuly 16, 2018 Daggerz in Dallas to acquire Statek Stanzereitechnik announces move GmbH. Statek has many years of Notebook experience and a high Daggerz has announced the level of production ex- EFC Establishes Office & move of its product to a new loca- pertise in stamping, bending and Warehouse in Mexico tion. Since July 14, 2018, the Dag- forming technology for almost all EFC International, St. Louis, gerz product inventory has been commonly used metals. The parties MO, USA, a leading supplier of available at C.R. Kinsman & Associ- have agreed not to disclose the de- ates, 1110 Pamela Drive, Euless, TX tails of the agreement. Completion engineered fasteners, 76040, USA. For more information, is expected after antitrust approval continues to expand visit the website below. in mid-2018. its global presence with the establishment of an office and warehouse in Mexico, EFC Global, S de RL de CV. Phillips Screw names Gary HD Supply reports fiscal Through expansion of its global Dilling Director of Engineering Q1 2018 results; Raises footprint and investing in key full-year guidance strategic global markets, EFC The Phillips Screw Company, ensures that both supplier and Wakefield, MA, USA, a HD Supply Holdings, Inc., Atlanta, customer needs are met. leader in the fastener GA, USA, has reported net sales of industry with its pat- US$1.4 billion for the first quarter of ented drive systems fiscal 2018 ended April 29, 2018, and thread innovations, an increase of US$173 million, or Automotive Fastener Market: has appointed Gary Dilling as the 2.39% Annual Growth Director of Engineering. Dilling has 14.2%, as compared Research and Markets of Ire- served as a Fastener Engineer at to the first quarter of land says the global automotive Phillips Screw since 2002. fiscal 2017. And operating income fastener market should grow increased US$22 million (17.1%) to from an estimated US$21.45 bil- US$151 million for the first quarter lion in 2018 to US$25.30 billion by of fiscal 2018, versus US$129 million 2025, at a CAGR of 2.39% from ASG, Division of Jergens & for the first quarter of fiscal 2017. 2018 to 2025. Growth will be due GEDORE strategic partenrship Operating income was 10.9% of to growing vehicle production, net sales for the first quarter, up focus toward lightweight vehicles ASG, Division of Jergens, Inc., approximately 30 basis points from and increased use of electronics Cleveland, OH, USA, has an- 10.6% for the first quarter of 2017. in vehicles. A major restraint for nounced its strategic partnership For the full year fiscal 2018, the automotive fastener market with GEDORE, formerly TORQUE- net sales are anticipated to be in will be development of alterna- LEADER, integrating GEDORE’s brand the range of US$5820 million to tives such as clinching and weld- name line of industrial torque tools US$5940 million, with adjusted ing in auto parts. into the ASG product line. EBITDA ranging from US$832 mil- The study contains insights by lion to US$862 million and adjusted industry experts, ranging from “The partnership of ASG, Division net income per diluted share in the automotive fastener makers to of Jergens, Inc. and GEDORE is a range of US$3.11 to US$3.27. To automobile OEMs and various seamless fit for both our compa- learn more, visit: automotive associations. nies, with the market we both ser- vice and our customers,” said Bene Zielke, VP of Sales North America. ...Since 1970 Located in the UK, GEDORE is a Forged Industrial Products leading manufacturer of industrial Leader in the Eyebolt Industry torque tools. Together, ASG and GE- DORE bring a combined 123 years Toll-Free: 888-536-3674 of experience in the assembly and Locally: 440-993-8091 manufacturing industry. Fax: 440-992-0360 NORMA Group to acquire metal processor Statek NORMA Group, Maintal, Ger- many, has signed an agreementPage 4

BUSINESS & MARKET REPORTPSM International Wuxi site KYOCERA SENCO reports July 16, 2018is now ISO14001:2015 certified a leadership transition Notebook Following successful upgrade of KYOCERA SENCO Industrial Tools,ISO9001:2015 and ISO14001:2015 Inc., Cincinnati, OH, USA, has an- Mid Continent Nail: Tariffs certifications for PSM International’s nounced that President, Chief Ex- Cause Sales Drops & LayoffsTaiwan operations, PSM announces ecutive Officer and Board Member According to local reports, Presi-that its Wuxi operations successfully Ben Johansen is retiring in July dent Trump’s tariff on steel im-upgraded to the ISO14001 Environ- 2018 as part of a planned internal ports that took effect June 1, 2018,mental Management System certi- succession strategy. He will be has caused a southeast Missourification 2015 standards at the end succeeded by Clifford Mentrup, the nail manufacturer to lose aboutof last month. PSM International is company’s current Chief Operating 50% of its business in two weeks.working on a continuous improve- Officer and Board Member. Mid Continent Nail Corpora-ment program of policy and objec- tion, Poplar Bluff, MO, USA, hastives to monitor its impact on the had to take drastic measures toenvironment, reduce and control make ends meet. The companythe generation of waste and use THB adds MRO products employing 500 people earlierresources effectively. & services to portfolio this month has laid off 60 tempo- rary workers, and it could cut 200 THB, North Salt Lake, UT, USA, more jobs by the end of July and an affiliate of Fairmont Supply, and be out of business by Labor Day.SFS chooses successor in a leading distributor of industrial Company spokesperson Eliza-distribution/logistics segment fasteners, has expanded its prod- beth Heaton, said, “Something uct offering to include a full line of has to happen very fast, within The Board of Directors at SFS industrial maintenance, repair and days in order for us to know thathas chosen Iso Raunjak to suc- operation (MRO) supplies. THB, with things were going to improve.”ceed Josef Zünd to offices in North Salt Lake and Boise, Mid Continent is owned byhead the Distribution ID, USA, will add industrial product Mexico-based Deacero.& Logistics (D&L) segment. Raunjak categories that include Safety &is a highly experienced and long- Security, Janitorial & Facility Main- www.missourinet.comterm SFS manager who started his tenance, Power Tools, Hoses &career at SFS in 1992. In his function Hydraulics, Hand Tools, Chemicals, Carriage Bolts from Steel Cityas head of the D&L segment, he Lubricants and Abrasives. Steel City Bolt can supply mostwill also become a member of the any diameter carriage boltGroup Executive Board of the SFS To officially announce the launch,Group AG on January 1, 2020. THB, along with several MRO sup- and produces 100% plier partners, hosted a counter day domestic 1\" x 24\" Over the past 20 years, Josef and lunch event on June 28, 2018. carriage bolts, hot-Zünd considerably improved the dipped galvanizedpositioning and growth of the D&L to F2329 with a 100%segment. Until his retirement, Josef domestic 1\" 2H heavy hex nutZünd will remain Head of D&L and Yardley Products attached. Also offered are A307will continue to manage segment welcomes west coast rep headed bolts or A325, A449, 316strategy and organization in close H.W. Eckhardt Corporation stainless, 304 stainless, F1554collaboration with his successor. anchor bolts, etc. Yardley Products, Yardley, PA, USA, a manufacturer of precision engineered thread- [email protected] June 3 to 5, 2019 • Rosemont, IL, USA ed metal inserts, says that it is always looking to “The Fastener Show produced by the better its processes, from the com-Fastener Industry for the Fastener Industry” pany’s custom insert manufacturing process, all the way to sales and Co-organized by: customer service.Producing Fastener Shows in Reporting Fastener News & Yardley Products said it believesthe Heart of the Industry for Technology for over 40 years that growing its team across the country will improve the sales pro- over 30 years cess and customer experience for the firm’s customers in the • Page 5

BUSINESS & MARKET REPORTJuly 16, 2018 NFDA Announces Leadership Changes for Notebook 2018-2019 & 13 New Member Companies Optimas OE Solutions Kelly Cole of Hayes Bolt & Supply, Tribute was paid during the NFDA annual Acquires Circle Bolt & Nut San Diego, CA, USA, was elected as Optimas OE Solutions Holdings, meeting to retiring Board members Kevin Inc. LLC, Glenview, IL, USA, has the 2018-2019 President of the National Godin of AFC Industries, Fairfield, Fastener Distributors acquired Circle Association (NFDA). Dan OH, USA; Adam Pratt of Bolt & Nut Co., Zehnder of Trinity Logis- Sherex Fastening Solu- Inc. (CBN), Kingston, PA, USA. tics Corporation, Wauke- tions, Tonawanda, NY, The acquisition supports the sha, WI, USA, will serve as USA; Jennifer Ruetz of Optimas growth strategy into AIS-All Integrated Solu- product adjacencies and en- Vice President; Bruce Hayes of Sems & tions, Franksville, WI, USA; and Marc hanced MRO capabilities. The Specials, Rockford, IL, USA, as Associ- Strandquist of Wurth Industry of North transaction also diversifies the ate Chair; and Kevin Miller of Bamal America, Greenwood, IN, USA. portfolio of Optimas customers Corporation, Charlotte, NC, USA, will During the annual business meeting, across multiple industries. remain on the Board as Immediate Past Kelly Cole gave an update on the as- President. sociation’s activities during the past year Birmingham Fastener Wins Four new Board members were elected Manufacturing Award and plans for the coming year, with a Birmingham Fastener and to serve on the NFDA Board: Adam Supply Inc. has won the 2018 Derry of Field, Machesney Park, IL, message of inclusion and a goal of re- Alabama Manufacturer of the USA; Keven Simmer of Wurth DMB Year Award in the medium cat- Supply, Des Moines, IA, USA; Scott ducing fragmentation that currently exists egory. This award recognizes Somers of Mid-States Bolt & Screw individuals and firms that “bring Company, Flint, MI, USA; and Bryan among industry associations. uncompromising excellence to Wheeler of Star Stainless Screw, Wood Dale, IL, USA. Thirteen new members were introduced: Continuing on the NFDA Board are Rich • Aero Space Fasteners Megliola of Vertex Distribution, Saint & Electronics Charles, IL,USA; Doug Ruggles of Mar- tin Fastening Solutions, Florence, AL, • Applied Design & USA; and Jun Xu of Brighton-Best In- Fastening Solutions ternational, Santa Fe Springs, CA, USA. The new Board was introduced at the • BTM Manufacturing • Circle Bolt & Nut Co., Inc. NFDA 2018 Annual Meeting, held June • Creative Assembly 5 to 7, 2018, in Chicago, IL, USA. The Systems, Inc. • Fullco Industries, Inc. annual meeting also included Execu- • Hagerty Industrial Supply tive Sales Planning Sessions® and an • Mack Brooks Exhibitions • Management Information Tools economic update presented by Alan • MF Supply Beaulieu of ITR Economics. • Midland Metal Manufacturing • Parker Fasteners • Volt Industrial Plastics, Inc. www.nfda-fastener.orgAlabama manufacturing”. Com- For this reason, Yardley is excited engineering specialists, allowingpanies are awarded based on to welcome John Eckhardt and H.W. the reps to rely on each other’sfinancial growth, manufacturing Eckhardt Corporation to its team of strengths to provide the best solu-leadership, market leadership, sales representatives. tions for customers.leadership development andworkforce enhancement. H.W. Eckhardt Corporation, The H.W. Eckhardt Corporation which is a family run business, has will represent Yardley in 11 west coast states including California, been supplying state- Oregon, Arizona, Nevada, New of-the-art engineered Mexico, Colorado, Montana, Wash- fasteners to industry ington, Idaho, Wyoming and Utah. leading manufacturers and distributors for more than 40 years. The company is a full-line fastener distributor for standards, Jackie Ventura customs and specials. Working with Sales Representative Yardley will allow H.W. Eckhardt to provide strong, reliable, made-in- Phone: 330-467-0102 • Mobile: 216-338-8485 the-USA inserts to west coast USA Fax: 330-467-0108 • Email: [email protected] customers. H.W. Eckhardt has over 250 years Web: of fastener engineering experi- News & Notes: www.JackieVentura.Net ence. The staff is a mix of sales and Skype: Jackie.Ventura1 Twitter: @JackieVentura1Page 6

BUSINESS & MARKET REPORTFastener Distributor Index (FDI) Jumps to 62.3 in June July 16, 2018The FDI surged last month with a reading Mike McNulty and NFDA President, Kelly Notebookof 62.3 versus its 56.6 reading in May 2018, Cole, for further commentary on the June FDI:seasonally adjusted. June’s strong number Arnold Umformtechnik: included the vibrant sales reading of 74.2. Thank you for your participation in the FDI. Captive Fastening SystemsThe month’s Forward-Looking Indicator (FLI) Your comments and questions are welcome Arnold Umformtechnik GmbHcame in equally optimistic, at 62.0, after its by calling +1 877 332 7836. & Co. KG of Germany offers58.8 reading in May. the CapTec® captive fasteningListen to Fully Threaded Radio, episode 130, system that reduces assemblywith Fastener Technology International, editor, time, cuts assembly cost and simplifies the assembly process. The system includes captive pre-assembled fasteners or bolt-Ford Fasteners celebrates throughout the USA and Canada. and-sleeve combinations that55 years of excellence And Ford’s commitment to qual- are fitted during final assembly ity and innovation has remained and that can be used in any ap- Ford Fasteners is celebrating its constant. plication. Two versions include a55th anniversary. Since launching bolt-and-sleeve fastener joined To celebrate 55 years, Ford has together by an additional ele- the company in 1963 updated its website home page to ment. A plastic ring acting as the in Hackensack, NJ, make it even easier for customers additional element gives flexibil-USA, Ford has accomplished a lot to learn about and contact the com- ity and ensures the componentincluding access to global sourc- pany. A new feature of the web site can be dismounted if a repairing, a giant inventory of fasteners, is the Quick Quote option. is needed. In the second lower-experienced employees and most cost version, bolt and sleeveimportantly, a loyal customer base are stamped together—no ad- ditional element is required.Quarterly Dividends Report... Conference Calls/Webcasts...• Applied Industrial Technologies, Cleve- • Illinois Tool Works Inc., Glenview, IL, USA,land, OH, USA, has declared a quarterly will issue Q2 2018 results on July 23, 2018 Daniel Di Sebastian: New cash dividend of US$0.30 per common at 7 AM CDT. Following the release, ITW will Acument President/CEOshare, payable on August 31, 2018, to share- hold its second quarter earnings conference Fastener sector leader, Fontanaholders of record on August 15, 2018. call at 9 AM CDT. Gruppo, has named Daniel • Stanley Black & Decker, New Britain, CT, Sebastian Presi-•  MSC Industrial Supply Co., Melville, NY, USA, will broadcast its second quarter 2018 dent/CEO of Acu-USA and Davidson, NC, USA, has declared a earnings conference call on July 20, 2018. ment Global Technologies Inc.,cash dividend of US$0.58 per share, payable The call will begin at 8:00 AM ET. Sterling Hts., MI, USA. Acumenton July 24, 2018 to shareholders of record is Fontana Gruppo’s regionalat the close of business on July 10, 2018. • Steel Dynamics, Inc., Fort Wayne, IN, USA, subsidiary and North will release second quarter 2018 financial fastener leader. Since 2015, Di•  Steel Dynamics, Inc., Fort Wayne, IN, USA, results after the market close on July 23, Sebastian has led the Northhas declared a quarterly cash dividend of 2018. The teleconference is scheduled to American Operations.US$0.1875 per common share, payable on begin at 10:00 AM ET on July 24, 2018. or about July 13, 2018, to shareholders of www.acument.comrecord at the close of business on June 30, • TriMas, Bloomfield Hills, MI, USA, will host2018. its second quarter 2018 earnings conference Don't Miss On-Demand Fastener Talk Radio!• voestalpine AG, Linz, Austria, declared call on August 7, 2018 at 10 AM ET and will FTR is talk radio for the fastener industry, featuringa dividend of €1.40 per dividend-bearing follow the company’s release of second guests, commentary and conversation designed toshare, to be paid on July 16, 2018. quarter 2018 earnings results at 8 AM that inform and entertain fastener professionals. day. any time in streaming or download formats. Tune in today! Log on to listen to Fully Threaded Radio: Page 7

EVENTS & OPPORTUNITIESFASTENER TECH™ ’19 Fastener Fair Mexico 2018 WWW.FASTENERTECH.COM July 16, 2018Exhibitor Forms & Floor WWW.FASTENERTECH.COMPlan Are On-Line Fastener Fair Mexico 2018 E VENTSAugust 8 – 11, 2018 featured over 150 Subscribe, read or advertise @ • FREE FTI BUYERS’ GUIDE for all paid subscribers   Pac-West 2018 Fall Conference FASTENER TECH™ ’19, the sev- companies exhibit- Whitefish, MT, USA enth staging of “The All-Fastener- ing industrial fas- www.pac-west.orgIndustry Event in the Heart-of-the- teners and fixings,Fastener Industry”, announces that construction fixings, assembly September 18 – 21, 2018   exhibitor registration is open and and installation systems, fastener ICNFT 2018, Bremen, Germany forms are available on-line at the manufacturing technology and www.icnft2018.comwebsites listed below. In addition, other factory equipment as well asthe official Floor Plan is posted on- a complete conference program September 26 – 27, 2018   line for booth selection purposes. delivered by experts. Fastener Fair Italy 2018, Milan, Italy The event, organized by Fastener International magazine, September 26 – 29, 2018   Akron, OH, USA, and the Mid-West Fastener Fair Italy 2018 Fastener Shanghai – Fastener Association (MWFA), Lake Visitor Registration Is Open Shanghai Fastener & Tech Show 2018 Zurich, IL, USA takes place in Rose- Shanghai, China mont (Chicago), IL, USA, June 3 to Fastener Fair Italy 2018, the www.fastenertradeshow.net5, 2019, at the Donald E. Stephens second InternationalConvention Center. Exhibition for Fastener October 21 - 23, 2018 and Fixing Technol- International Fastener Show China 2018 FASTENER TECH ’19 offers at- ogy, takes place at  Shan ghai, China   tendees/exhibitors a valuable, the MiCo–Milano Congressi from En.Afastener.comcost-effective and easy-to-attend September 26 to 27, 2018. Italy’sevent providing benefits to fastener fasteners sector continues to sup- October 30, 2018 – November 1, 2018 manufacturers, distributors, users port the show, accounting for International Fastener Expo - IFE 2018 and suppliers. The event will again three-quarters of firms that have so Las Vegas, NV, USA be co-located with SUR/FIN®, the far confirmed their participation. By www.fastenershows.comannual conference and exhibition early June 2018, the total number offor surface finishing professionals. exhibitors planning to take part in October 30 2018 – November 2, 2018 Fastener Fair Italy 2018 had already   Korea Metal Week 2018, Korea reached some 200 companies. Pre-registration is now available November 28 – 29, 2018   fastenertech.asp at the show website below. Regis- Fastener Fair France 2018, Paris, France trants will receive their Visitor Badge via email. On-line registration is free until September 25, 2018, with a €30 March 19 – 20, 2019   entry fee after that date. Fastener Fair Stuttgart 2019 Stuttgart, Germany May 22 – 23, 2019   Fastener Fair USA 2019 Detroit, MI, USA June 3 – 5, 2019   FASTENER TECH™ ’19 Rosemont, IL, USA • September 17 – 19, 2019 International Fastener Expo - IFE 2019 Las Vegas, NV, USA Delivering the World of Fasteners to Manufacturers • Distributors • End Users June/July 2018 AAPPRRIILL//MMAAYY 22001188 Fastener April/May 2018 JJUUNNEE//JJUULLYY 22001188 Fastener FTI’s Head Guide: JUNE/JULY 2018 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss APRIL/MAY 2018 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss Manufacturer Thread Rolling...78-91 Focus Fastener Fair USA Preview...42 Focus Identification (ID) Symbols Focused News, Information and Products for Presented by... Focused News, Information and Products for Presented by... Fastener Distributors, Importers, Manufacturer’s Fastener Distributors, Importers, Manufacturer’s International Guide Representatives, OEMs and End Users. Representatives, OEMs and End Users. Published by 2018 Fastener FASTENER TECHNOLOGY INTERNATIONAL In this issue... FASTENER TECHNOLOGY INTERNATIONAL wire 2018 Fastener Exhibits Update...64 In this issue...ManufacturerIdentification Technology Industry Events: • MWFA’s Annual Fastener FF News & Info International Reports & Previews... Expo & Golf Outing Symbols (FTI) magazine 54, 72, 94, 116 & 126 Fastener Distributor Index • How to Approach Fastener Remains in Expansion ModeINTERNATIONAL GUIDE SORTING & INSPECTING...P. 44-46 Loosening Issues Trump Tariffs & Potential P. 101 • Forging Ahead with P. 85 Effects on the Fastener International Automotive Industry Task Force Certification Fastener April/May 2018 Retaining Rings Roundup Fastener June/July 2018 • NFDA 50th Anniversary Meeting Asian News Report Focus Presented by... Cold Forming...70, 74-79 Focus Presented by... • Nonthreaded Fastener Retaining Rings...103 Impact of Clearance on the Focused News, Information and Products for Innovations Focused News, Information and Products for Shear Properties of Coiled Fastener Distributors, Importers, Manufacturer’s Fastener Distributors, Importers, Manufacturer’s Spring Pins • Wave Springs Save Space Representatives, OEMs and End Users. & Require Less Machining Representatives, OEMs and End Users. Low-Volume Components at Market-Leading Delivery Vol. XLI, No. 3 In this issue... • Staying Where They Vol. XLI, No. 2 In this issue... Times Belong: Asphalt Anchors • MWFA’s Annual Fastener FF News & Info Tracking Your Fasteners: Expo & Golf Outing • Will Your Next Phone Are You Using APIs Yet? Have a Metal Screen? Fastener Distributor Index • How to Approach Fastener Remains in Expansion Mode Reduce the Cost of Loosening Issues • Direct Screw Fastening for Inventory Consumption Plastics Trump Tariffs & Potential • Forging Ahead with Effects on the Fastener FF Products International Automotive Industry Task Force Certification Retaining Rings Roundup • NFDA 50th Anniversary Meeting Asian News Report • Nonthreaded Fastener Impact of Clearance on the Innovations Shear Properties of Coiled Spring Pins • Wave Springs Save Space & Require Less Machining Low-Volume Components at Market-Leading Delivery • Staying Where They Times Belong: Asphalt Anchors Tracking Your Fasteners: • Will Your Next Phone Are You Using APIs Yet? Have a Metal Screen? Reduce the Cost of • Direct Screw Fastening for Inventory Consumption Plastics FF Products FTI_SPIROL_FastenerFocus_cover_June_2018_all_products.indd 1 5/21/18 9:21 AM FTI_SPIROL_FastenerFocus_cover_June_2018_all_products.indd 1 5/21/18 9:21 AM Buy online at: Visit to start or renew your free 8

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