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Home Explore Fastener News Report March 11 2019 Issue Flip

Fastener News Report March 11 2019 Issue Flip

Published by mcnulty, 2019-03-07 13:36:55

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March 11, 2019 Subscribe, read or advertise @ • FREE FTI BUYERS’ GUIDE for all paid subscribers Volume 5, Issue 3 INSIDE THIS ISSUE Vulcan Steel Files Threaded Rod Case ...........2 WAFIOS In-House Exhibition in Germany ....... 2 Arconic Announces Portfolio Split, Spin-Off & Possible Sale MacLean-Fogg Sponsors SAE’s CSC ...............3 Fastener Fair USA’s Conference Program ......4 Arconic Inc. has begun plans to reduce operating costs by approximately HECO Schrauben’s New Screw Anchor..........4 US$200 million on an annual run-rate basis. The program is designed to New Acument Low-Profile Fasteners..............4 maximize the impact in 2019. The portfolio will be separated into Bossard Bossard Announces BRUMA Engineered Products & Forgings and Global Rolled Products, with Acquisition & AS9120 Certification ................5 Brewster Washers Celebrates 100 Years........ 6 a spin-off of one of the businesses. Arconic will also consider the sale of businesses that do not best fit into Engineered Products & Forgings MWFA Sponsoring Fastener Seminar: “Hands On Fascination with Fasteners” ......6 or Global Rolled Products. The company also entered into an accelerated SC Fastening Systems Celebrates 20 Years...6 share repurchase (ASR) agreement with JPMorgan Chase Bank, National Arnold Fasteners Wins Quality Award............ 7 Association, London Branch, to repurchase US$700 million of Arconic’s com- Industrial Fasteners Will Top $100 Billion ........ 7 mon stock, pursuant to the share repurchase program previously authorized Sales, Net Income & Dividends....................... 7 Conference Calls & Webcasts......................... 7 by the Board of Directors. Annual NFDA Meeting in June 2019...............8 Arconic Chairman/CEO, John Plant, said, “Having been a Director of Arconic since 2016 and Chairman of the Board since 2017, I have a historical FASTENER TECH™ ’19 Event Details & Schedule .........................................8 perspective of the company and understand what we can achieve. I am pleased to lead Arconic to reach that potential. In 2018, Arconic delivered Presented by: solid revenue growth and improved operational performance. With Elmer Doty as President/CEO, I am focused on further enhancing our operations and charting a new strategic direction to deliver value for shareholders. & “After a rigorous and comprehensive process, we did not receive a pro- Initial Publications, Inc. posal for a full-company transaction that we believe was in the best inter- 1741 Akron Peninsula Rd, ests of our shareholders. The Board sees more shareholder value creation Akron, OH 44313 USA through a restructuring of the company. As part of the strategy and portfolio review, we have determined to separate the portfolio into Engineered Prod- Tl: +1 330 864 2122 • Fx: +1 330 864 5298 ucts & Forgings and Global Rolled Products. We will also explore potential sale of businesses that do not best fit into Engineered Products & Forgings and Global Rolled Products.” Chip Lippincott Publisher Mike McNulty VP & Editor Jim Masar Senior Editor Tom Hutchinson Global Sales Manager Speaker Submissions Being Accepted for 2019 International Fastener Expo The International Fastener Expo (IFE 2019) taking place in Las Vegas, NV, USA, and the largest and most established business-to-business tradeshow of every type of fastener, machinery and tooling and industrial- related products in North America, is now accepting speaker submissions from fastener industry professionals and motivational and team building presenters for the September 17 to 19, 2019 show conference schedule. The annual conference schedule features experts on technology, key laws and regulations, business solutions, testing and inspecting, management and leadership and many more topics affecting the fastener industry. New at IFE 2018, the conference schedule was expanded to include an additional day and featured 18 educational sessions. IFE 2019 plans to be just as jam-packed. Among the most popular sessions in 2018, Vanessa Sciarra, Vice President for Legal Affairs and Trade and Investment Policy, National Foreign Trade Council (NFTC), presented, “U.S. Tariffs and Trade Policies–What to Expect in 2019”, a rundown on current trade policy, to a full house of engaged attendees. A video of her presentation for purchase as well as more information on submitting a speaker submission for IFE 2019, can be found at the show website. Page 1

BUSINESS & MARKET REPORT March 11, 2019 12th WAFIOS In-House Exhibition in Germany Notebook The WAFIOS in-house exhibitions Vulcan Steel Files Case on have become an established inter- Threaded Rod from China, India, Taiwan & Thailand national platform for customers and New USA antidumping (AD) and/or countervailing duty (CVD) people interested in cold forming investigations were filed on Feb- ruary 20, 2019, by Vulcan Steel technology. This year’s event, the Products Inc. against imports of carbon and alloy steel threaded 12th edition of the company’s popular rod (CASTR) from China, India, Taiwan and Thailand. in-house exhibition in Wuppertal, Ger- CASTR is used in a variety of applications including construc- many, from May 8 through 11, 2019, tion to suspend electric conduit, pipes, HVAC-ductwork, sprinkler promises innovative technologies and systems for fire protection, etc. It may also be used for hanging interesting presentations. suspended ceiling and elevated conveyor belts and for joint re- WAFIOS will present premieres from straint systems for underground piping. It is also used in structural the world of precision parts forming tie downs, in earthquake and hurricane-restraint systems for machinery among others on more roofing and as headless screws in general fastener applications. than 1400 m² of exhibition place—for The petition includes less than fair value allegations against example the company’s Cold Former China, India, Taiwan and Thai- land and unfair subsidy allega- HT 5-40 (1-die 2-blow with oscillating tions against China and India. The DOC and ITC will determine die block) equipped with a Schwer whether to launch AD and CVD investigations on these products. & Kopka system for process and The DOC will be responsible for calculating the AD/CVD margins machine status control and the High on the imports, while the ITC will conduct a concurrent investiga- Performance Thread and Profile Roll- You will find detailed information on tion to determine if the imports are injuring USA industry. ing Machine AF 102 from EWMenn. the exhibition and lecture program, As usual, specialist lectures on current co-exhibitors and much more as well topics and numerous co-exhibitors as the ability to register on-line at the from the industry will round off the website listed below. exhibition program. MSC wins patent for document to savings associated with inventory cost-savings technology management, MSC’s system cal- culates the impact of savings from Distributor of Metalworking and the metalworking and operations- Maintenance, Repair and Op- related products and solutions de- erations (MRO) prod- livered by MSC, including improve- ucts and services, MSC ments in productivity, processes, Industrial Supply Co. Melville, NY, procurement methods, pricing and USA and Davidson, NC, USA, has freight. The system then produces a announced that the U.S. Patent customized report quantifying the and Trademark Office has issued realized cost savings. it a patent covering a technology system and business process to help its customers document vari- ous inventory and operational cost Anders Nyström to savings achieved through use of President & CEO at Bulten MSC’s services. As Bulten AB announced on June The newly patented system and 20, 2018, Anders Nyström has been process involves a computer-based appointed new President and CEO data warehouse that contains a of Bulten. He takes over this position cost-savings delivery mechanism. When a manufacturing customer ...Since 1970 utilizes one of MSC’s ControlPoint® inventory management solutions Forged Industrial Products such as vending, customer-man- Leader in the Eyebolt Industry aged inventory or vendor-managed inventory, the system helps identify Toll-Free: 888-536-3674 the actual savings achieved against Locally: 440-993-8091 specific cost-reduction metrics se- Fax: 440-992-0360 lected by the customer. In addition Page 2

BUSINESS & MARKET REPORT from Tommy Andersson who retired and Chuck will contribute his deep March 11, 2019 following 19 years at Bulten. expertise of the electrical and light- ing businesses. I am confident that Notebook ”The Board is very pleased with their perspectives will be valuable the recruitment of Anders Nyström. to Anixter as we move forward and MacLean-Fogg Sponsoring grow our business.” SAE’s Clean Snowmobile He will contribute Challenge (CSC) for Students with a broad experi- Simon is the former President MacLean-Fogg will be a Plati- ence from the automotive industry and Chief Executive Officer (2010 to num Sponsor of the 2019 Society combined with strong leadership. 2014) and Chief Operating Officer of Automotive Engineers (SAE) We also want to thank Tommy An- (2007 to 2010) of Walmart U.S., a Clean Snowmobile Challenge dersson who very successfully has leading retail corporation. (CSC). This collegiate engineer- led Bulten to a leading position in ing design competition provides the market for fasteners,” said Ulf Swoboda was formerly the its engineering participants with Liljedahl, Board Chairman. Chairman (2005 to 2017) and Chief the opportunity to strengthen Nyström is a Mechanical Engi- Executive Officer (2001 to 2017) of their skills by reengineering an neer with supplementary education Cree Inc., a publicly traded manu- existing snowmobile in order in leadership and economics. He facturer of semiconductors and to enhance its environmental has extensive international experi- lighting products. performance. ence from the automotive industry The modified snowmobiles then and has previously held several go on to compete in an array leading positions within, among of events including emissions, others, Kongsberg Automotive, Vol- EJOT site in Tambach-Dietharz noise, fuel economy/endurance, vo Cars and Ford Motor Company. wins site development award acceleration, handling, static Anders joins Bulten from IAC Group display, cold start and design. where he has been Vice President The EJOT site in Tambach-Di- The winner of the competition Commercial since 2018. etharz has received the “Outstand- is awarded the MacLean-Fogg Cup, which is a trophy equiva- ing site development” lent to and inspired by the NHL Anixter International names award from A.T. Kear- Stanley Cup. two to Board of Directors ney. This award tops off 25 years In addition to the possession of EJOT in Tambach. of the Cup, the winning team Anixter International Inc., Glen- This award will be given to the also receives a view, IL, USA, has EJOT GmbH & Co. KG Thread Form- US$1000 prize announced the ap- ing business unit as part of the from MacLean- pointment of two new members, “Factory of the year” benchmark Fogg. MacLean-Fogg has been Bill Simon and Charles Swoboda, competition in March 2019. The a proud supporter of the SAE to its Board of Directors, effective winners in the seven categories Clean Snowmobile Challenge March 1, 2019. were announced at the beginning since 2014 and has enabled the of November 2018. The “Factory of company to connect with the “We are pleased to announce the year” competition, run by man- best and brightest engineers of two significant additions to our agement consultancy, A.T. Kearney, tomorrow. board,” said Sam Zell, Chairman and trade journal, Produktion, for of Anixter’s Board of Directors. “Bill the 27th time this year, is considered brings a wealth of experience lead- the hardest and most traditional ing complex global companies, competition of its kind. [email protected] • “EJOT is clearly committed to the Jackie Ventura Tambach location and confirms this Sales Representative through steady growth, continuous investment and high regard for the Phone: 330-467-0102 • Mobile: 216-338-8485 employees,” said the judging panel. Fax: 330-467-0108 • Email: [email protected] Web: Scott Filion joins Phillips News & Notes: www.JackieVentura.Net Screw as President Skype: Jackie.Ventura1 The Phillips Screw Company, Twitter: @JackieVentura1 Wakefield, MA, USA, recently con- Page 3

BUSINESS & MARKET REPORT March 11, 2019 Fastener Fair USA: Robust Conference Program Notebook Fastener Fair USA, the exhibition for fastener basics, risk management, the HECO Schrauben’s fastener and fixing industry, taking fundamentals and much more. New Screw Anchor place May 22 to 23, 2019, at the Cobo New this year, Fastener Fair USA HECO Schrauben offers a new solution for connections for struc- Center in Detroit, MI, USA, an- will feature two stages. The tural timber construction as well nounces its most in-depth con- Distributors Conference help ference program to date. More fastener distributors gain com- than 15 training, technical and petitive advantage, learn new process sessions will take place over technology and study best practices. the two-day event. The Tech Talks Theater will be more as a fastening solution in con- The only fastener and fixing event technical in nature, giving you insight crete and masonry. in the USA for the full supply chain, to what pushes the industry forward, Fastener Fair USA will bring together the latest products and technology, all manufacturers, distributors, suppliers the way down to what kind of material and end-users for the region’s only will work best for your application. dedicated fastener, fixing and joining Fastener Training Institute will again technology exhibition. The show looks host the Fastening 101-Understanding at the latest solutions and technol- Threaded Fasteners with Emphasis on ogy available and offers top-notch Automotive Fasteners course. The new MULTI-MONTI-plus educational programs developed and Held the day before the show and screw anchor has been recently delivered by industry experts. The program features educational sponsored by the Fastener Educa- tion Foundation, this course will delve granted general type approval sessions by experts from an assort- into fastener engineering, automotive fastener basic and industry trends. for use in masonry. The MULTI- ment of backgrounds and will cover MONTI-plus screw anchor can topics on maintenance and repair, now be used in a very versatile ducted a national search to find a “This increase demonstrates our new President, which culminated continued confidence in our ability range of applications. to grow and generate strong cash in hiring New Hampshire flow, and our commitment to deliver value to our shareholders,” said ITtaATthehvfceeceauahiAElmtanXuUboTreELTeOlEleXOWonsRTPgftSNRarEOEioEFAeRlIRmoLxsLENTw,pHT®AEABOA-aLDfpeceRWnulrTIavXoTdmOHitdfuPAsiRUleeeLrTXOOenUrSheE.tPSfRe®,TfL®®IaeGLUFid,sErSAliUoTnnw®UbBRSo•••EgEIRSNinpeEAcatwdeFreueIhTdcaSes.Else:nsAgPsasrgoeedmmubceltynivtTitiymfntittenhrihoaoiehsnFmtiiiv.lsrnieoeKFec,nsiewalSpinopblcoynaoHrnicctnutswirgtreiyFbliseaillaliiyltoniesatnweidsCe,ashsEprtuoOoloyam.wsfs3iiel-il0lPl cryeoesnaitdrisneunoeft Thomas Amato, President/CEO. • Eases Starting During Q4, TriMas purchased industry experience including his• Eliminate Need To Stop Driver 318,494 shares of its outstanding Socket common stock for US$8.6 million, bringing total for the year ended Dec. 31, 2018, to 442,632 shares, or background in bringing technically about 1% of shares outstanding. Tri- driven industrial and consumer Mas began repurchasing shares in products to market. Filion started Q2 2018, and used US$12.1 million Benefits of the EXTERNAL TORX his career in engineering where of the prior US$50 million authoriza- PLUS fastener include speed he developed innovative products tion through 2018. The increased engagement, reduced assem- and processes for the automotive authorization includes the value of bly time, increased productivity, industry. He holds 22 patents. shares already repurchased under easier starting and elimination of the previous authorization. TriMas’ the need to stop the driver socket. repurchase of shares and timing of the repurchases will depend on TriMas increases share repurchase authorization TriMas, Bloomfield Hills, MI, USA, [email protected] announced that its Board of Direc- tors increased the company’s common stock share repurchase authoriza- tion to US$75 million. The previous authorization, approved in Novem- ber 2015, authorized up to some US$50 million in share repurchases. Page 4

BUSINESS & MARKET REPORT factors including market conditions, priced its offering of US$500 mil- March 11, 2019 share price, regulatory require- lion aggregate principal amount ments and other considerations. of 3.400% Notes due 2026. The Notebook offering is being made under the firm’s existing Bossard Announces shelf registration state- BRUMA Acquisition & Ferdinand Gross is named ment previously filed with the SEC AS9120 Certification “Top Job” employer and which closed March 1, 2019. The Bossard Group is consoli- Ferdinand Gross GmbH & Co. The company will receive net dating its market KG, was awarded the “Top Job” proceeds of some US$495.8 mil- position in the seal of quality once again as one of lion from the sale of the securities, area of high-quality engineered the best employers among midsize after deducting the underwriters’ products by taking over the Ger- companies in Germany. That was discounts and commissions and man company, BRUMA Schraub the result of the “Top Job” economic offering expenses. Stanley will use und Drehtechnik GmbH in Vel- initiative comparing companies the net proceeds from the offering bert. The vendor of high-quality throughout Germany, evaluating for general corporate purposes fastening solutions is a recog- and honoring outstanding person- including repayment of borrowings. nized supplier in demanding nel policies in midsized companies. industrial sectors. The automo- Former Federal Economic Minister, Citigroup Global Markets Inc., tive and electrical industry are Wolfgang Clement, conferred the Deutsche Bank Securities Inc., RBC particularly noteworthy. coveted “Top Job” seal of quality Capital Markets, LLC and Wells The Bossard Group has continu- on Ferdinand Gross at an awards Fargo Securities, LLC are acting as ously expanded the company’s ceremony in Berlin, Germany. joint book-running managers. presence in the area of engi- neered and high-quality brand- ed products in recent years through various acquisitions. PTP now accredited supplier New additions to the JIS Team Additionally, the Bossard Group of Collins Aerospace products JIS, Division of Jergens, Inc., has recently received its aero- space certification in Italy. This Precision Threaded Products Cleveland, OH, USA, has added official approval is the prereq- (PTP) has earned accreditation two people to the JIS team. Nachelle uisite for acting as a supplier in as a supplier of high- Walker has joined the JIS Customer the Italian aerospace industry. strength fasteners by Service team and Stephanie Stinson The Bossard Group has thereby Collins Aerospace (for- has joined the Warehouse team. taken an additional hurdle to merly UTC Aerospace Systems- intensify its activities in this de- UTAS). Accredited suppliers are Walker comes to JIS with manding sector. The Group is approved to do business with a background in electronic already active in the aerospace Collins Aerospace and other UTAS- component distribution industry in the USA as well as approved suppliers. and manufacturing, and in France and Switzerland. The over 10 years of customer service Group said that it intends to In addition to UTAS certification, experience. take suitable steps to steadily PTP has a robust internal Qual- strengthen its involvement in the ity Management System (QMS). It Stinson joins the JIS aerospace sector. maintains AS9100/ISO 9001:2015 Warehouse team fresh to Rev. D certification, is GE approved, the Industrial Distribution and holds a PWA LCS. PTP is also industry. Prior to joining JIS, included on DLA’s QSLM for Class she was a Front-of-House manager 3 Threaded Fasteners. PTP is also for a local restaurant. Federal Government/Military Build- to-Print approved. Neil Marchuk to Executive VP, HR at Arconic Stanley Black & Decker reports pricing of notes offering Arconic Inc., New York, NY, USA, has announced that Neil Stanley Black & Decker, Inc., New Marchuk is now Executive Britain, CT, USA, has announced it Vice President, Human Resources. He joins the senior leadership team Page 5

BUSINESS & MARKET REPORT March 11, 2019 Brewster Washers Celebrates 100 Years The date March 15, 2019, will mark Notebook Brewster Washer’s 100th year of busi- SC Fastening Systems Celebrates 20 Years ness in manufacturing excellence. SC Fastening Systems, LLC, a distributor of hardware and Since the company’s inception in 1919, industrial supplies, is proud to announce it is celebrating Brewster Washer has consistently manu- its 20th year in business. The company’s suc- factured the finest-quality round washers, cessful growth is attributed to shims, discs and spacers for practically its prevailing commitment to every purpose imaginable, all proudly- providing a wide range of qual- ity products and outstanding made by an American workforce using March 15, 2019, from 10 AM to 2 PM. The service in the industry. SC Fastening Systems will show- only USA-sourced materials. address is 16 Kulick Road in Fairfield, NJ, case new and top products in its monthly sales promotions, and Brewster will commemorate this historic 07004. Lite refreshments will be served. will celebrate its anniversary by exhibiting at the FABTECH Show milestone with an Open House on Friday, in Chicago, IL, USA. Since 1999, SC Fastening Sys- MWFA Sponsoring Fastener Seminar: tems has experienced amazing growth. The firm provides an “Hands On Fascination With Fasteners” ever-expanding product line and service offerings including The Mid-West Fasteners Association and nonferrous materials, applications, customized and special prod- (MWFA) is sponsoring an Introductory publications, basic fastener finishes and ucts, and value-added kitting Fasteners Education Program at the part identification. The seminar event will and assembly services. Expan- Holiday Inn, Elk Grove Village, IL, USA, also include a plant tour of a cold heading sion plans are underway to add on March 21, 2019. The cost of this event manufacturer. more space to the firm’s facility. to MWFA members is US$325 and the The company’s website has also cost is US$400 to nonmembers. This fee Meamkepimlsoupyroeeretsyaodnuotnas'entmdm/ionisrasryt!o!huisr improved its product selection includes lunch, presentation materials, a The Mid-West Fastener Association is once again sponsoring this popular seminar and ordering processes. copy of Fastener Information Directory designed to educate fastener industry personnel. This is not sales or manufacturing The SC Fastening Systems facility and the 5th Edition of the Kanebridge Fas- course but a semi-technical course on many facets of the industry. in Macedonia, OH, USA, houses tener Reference Guide (a $100.00 value). the company’s office, warehouse Recommended attendees include those Addition topics will include basic heat and show room. who buy or sell fasteners, require a diver- treating, quality control basics, use of the sified knowledge of the fastener industry caliper and basic print reading. and those who distribute, manufacture The teachers will be experienced fas- or use fasteners. Attendees can also tener personnel who are well trained in include people who have a role in train- the disciplines of the topic being covered. ing newcomers to the fastener industry. Topics to be covered will include making of a fastener, fastener materials, stainless that sets strategic direction for Ar- Rick Rudolph Associates is a conic. Marchuk brings extensive Manufacturer’s Sales Represen- experience having lead the stra- tative Agency representing the tegic human resources and talent finest fasteners, hardware, tools, management at global manufac- electronic components and related turing companies. products and services to fastener and industrial distributors. For more information, visit the Beacon Fasteners Now website below. Represented in New England by Rick Rudolph Associates Beacon Fasteners and Compo- June 3 to 5, 2019 • Rosemont, IL, USA nents announced Rick Rudolph and Morgan “The Fastener Show produced by the Rudolph of Rick Rudolph Associates, Fastener Industry for the Fastener Industry” Melrose, MA, USA, as manufactur- ers’ representatives for the USA Co-organized by: states of Massachusetts, Con- necticut, New Hampshire, Maine, Producing Fastener Shows in Reporting Fastener News & Vermont, Rhode Island and the the Heart of the Industry for Technology for over 40 years greater Albany, NY, USA area. over 30 years • Page 6

BUSINESS & MARKET REPORT Arnold Fasteners Wins Quality Award March 11, 2019 ZF TRW has honored Arnold Fasten- the way suppliers deal with changes Notebook ers, based in Shenyang, China, with in delivery schedules, their reaction to Industrial Fasteners the “Excellent Supplier Quality Award complaints, their delivery performance 2018”. The award was presented at the and the frequency of premium consign- Will Top $100 Billion Supplier Conference held in Shang- ments. For both product quality and Research & Markets says the hai, China, on January 23, 2019, by delivery standards, Arnold Fasteners global industrial fasteners mar- managers at ZF TRW, a China-based Shenyang scored an overall satisfac- company belonging to ZF, an automo- tion level of 100% throughout 2018. ket size should reach some tive supplier operating worldwide. US$101.05 billion by 2025. It is ZF TRW uses a continuous projected to see a CAGR of 3.9% performance appraisal pro- over the forecast period. Increas- cess to continually analyze ing mechanization and global its suppliers’ performance industrialization demand much against a Supplier Perfor- machinery/equipment, which is mance Scorecard. This goes expected to propel growth over into a detailed assessment the projected period. of supplier quality including Sales & Net Income Table Asia Pacific has been the largest Company Sales %∆ Net Income %∆ fastener producer in the world due to easy raw material supply, Arconic Inc. 3472 -1.5 218 35 supportive government policies and availability of skilled labor Dorman Products, Inc. 260 14 35 57 and land in the region. But a Lawson Products, Inc. 86 7 3 175 Simpson Manufacturing Co., Inc. 242 4.4 16 19 TriMas Corporation 877 7.3 81 26 Latest Quarterly Sales and Net Income (Loss) numbers are shown in US$ millions. %∆ relative to 2018 quarterly data. Winsupply opens locations, while the local company major part of Asian players serve four new companies members own substantial equity. In local markets due to an insignifi- this way, local companies have the cant distribution network, which Distribution company, Winsupply autonomy to best to meet the needs limits international growth. The Inc., Dayton, OH, USA, has opened of the customers in their markets. major players benefit by their well-established buyer base four new companies: and market goodwill. But ris- Winsupply of El Paso, TX, USA; Winsupply of San Antonio, ing demand for high strength, application-specific fasteners is Spotlight on NIFS/WEST ExhibitorsTX, USA; Winsupply of Frederic, MD, expected to open new opportu- USA; and Winsupply of North Can- Conference Calls/..W.ceobnctaisntsu..e. d • HD Supply Holdings, Inc., Atlanta, GA, USA, will release its fiscal 2018 Q4 and full aPtdTinoirencneShnd,santiOdonReVpaiaHefnylrolrAWodnaly,tdintisnUIuinJnntoVcjVodeSePsfPcunPoAuTurtWasiolnelio.ptBotaoirtnsiqoisRtIpnl,aui,oontmdelslCietcydncPhouneaprslluinl7adypnenaiIs5sessstpdnt1tdtEiTtriecaclcoliipyPssr.afP’lifararglisreasnMeunWttssesbsFnaatsoihierinindsdga,redss-tDeudPuniuerrpeetsrpistcoiilinsky-fWtfdfWWooruororecmetlriihpnnneesrtgghionfmCaaduye2Q•dIstmtopusetn0eheleilcudase3cd1nneTa9nHeeroMdpatbBrmaoo,reoaiciloeaoranl,tmsayPhddfsottStaTrailUuuo6enstlotksbp.hoghldaSettArerlisuPT$toegfyc3Mloaca1ih8vf4atlsyo.Mosutli4t2laereAEsPhal4ncoDa,aTnaMheprv,nsrpdMreAoi.dtrsboreve,s1EeGdNe5trr2rsTbea0iaao.s,uns,ndnuyeswhd2Upeggpcrfaeaaiaie0rwotnnSrrcorssld1ggAenle-e.wl9o,adf,,.ctorohFnoknaatsoshtiltoohSwttnoe3rinopinaegn3htniensaey0eescdlssr,rabieealfieoegnltthe:rymtennhfeyaeetnawhstmrteeefoapnmlrarelatkarhreygsieente.sirlssyesAt.mtepharraeoopnsdplupaulifatccaecatcsse--t, Winsuypouplnyeeind. NOuorrctahtaCloag ncotontnai.ns screws aonfdrebcolotsr.dWoenmFaeinbta.i1n5a, 2la0rg1e9. tured using alloy steel, titanium nmtippomehnuorasaeselrtycjwseoimcrsWeuirieamoirurtlinrssnyse,oepnpscleotdatuao-gqsppepetmaoiulcprlf,aytiofltsnamryWyusoaetfcerriainlnsnociv,setasi-utrsensoruoi.detafwprooctephuunhserr-leyrosfIhniictps.ttmiwmnhhoveaaernnerlmneucdpetfwooauisrnc•rd•bitytdtaetueeetohdcNiIr.fnoeTeeoWtpnpuidWonrTefaorcddoOenol,oiirunddnRfottsGraghUhQtnbr,$ornWEiagd1rirTvatsh..epee®e0repgla,1.oisi0Arrivw0tc2eoreqaCp,ual,9rluiRlydcet2y,aIe®iLrlto02lpni,oortssein01ycbeUhrh9a1a,dbfataoS9neevCtrtdddAore.-oehi,nafsdvorheelroascQtrtltaoee1 rr,h2.eiN0otdw1lCd9.a,ce.oUIrtdsmwSivAoiil-f,l and aluminum, and need to In comply with standards including busi AS, NFL, AN, MS and NAS.BUYERS’Presentedby: has GUIDE TORQ-SdETe®c,PlaHrIeLLdIPtShSeQUreAgRuE-lDaRrIVq®u, arterly cash divi- ACR® ridbbeenddPoHfILULSIP$S0®.,4A0CRp®erribsbheadre. The dividend is PHILLIPpSaIIy®a, MbOleRoTnORMQa®,yH1E0X,L2O0B1E9, to stockholders of TORX® arendcoQrUdAoDnREMXa® pr.ro2d9u,ct2s.019. 2007 • Stanley Black & Decker, New BritainIMd,aennutiffaiccatutiroenr CT, USA, declared a dividend of US$0.66 Symbols per share. It is payable on Mar. 19, 2019,INTERNATIONAL GUIDE Volt Industrial Plastics, Inc. to shareholders of record on Mar. 5, 2019. Don't Miss On-Demand Fastener Talk Radio! 700 Hwy.w2w02wW.vo•lYtpelllavsiltleic,sA.cRo7m2687, USA FTR is talk radio for the fastener industry, featuring Contact: Heidi Volltrauer, COO • Steel Dynamics, Inc., Fort Wayne, IN, guests, commentary and conversation designed to Toll-Free: +1 800 844 8024 USA, declared a quarterly cash dividend of inform and entertain fastener professionals. Available Toll-Free Fax: +1 877 453 8707 US$0.24 per share. It is payable on April 12, any time in streaming or download formats. Tune in 2019, to shareholders of record on Mar. 31, Web Site: 2019. today! 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EVENTS & OPPORTUNITIES Annual NFDA Meeting Training Institute®, Instructor: Parts Washing...100• Threadlocking & Locknuts...144 March 11, 2019 in June 2019 Laurence Claus, from NNi WWW.FASTENERTECH.COM Training and Consulting, Inc. WWW.FASTENERTECH.COM EVENTS The National Fastener Distribu- • Tuesday, June 4 tors Association (NFDA) Annual Exhibits Open Subscribe, read or advertise @ • FREE FTI BUYERS’ GUIDE for all paid subscribers March 13 – 16, 2019 10:00 AM to 5:00 PM. 2019 NFDA/MWFA/Pac-West Joint Meeting Meeting will be June 10 to 11, 2019, San Diego, CA, USA at the Hilton Netherland Plaza • THREADED INSERTS AND Hotel, Cincinnati, OH, USA. It is be- COMPRESSION LIMITERS ing sponsored by the North Coast FOR PLASTIC ASSEMBLIES March 19 – 20, 2019 Fastener Association. 10 AM to 11:30 AM/Room TBA Fastener Fair Stuttgart 2019, Presented by: Spirol, Stuttgart, Germany Instructed by: Christie Jones Reed Exhibitions Completes • ICC-ES EVALUATION REPORTS – April 25 – 26, 2019 Acquisition of Mack Brooks PAVING THE ROAD TO Fastener Fair India 2019, Mumbai, India PRODUCT ACCEPTANCE Reed Exhibitions, a division of 1:30 PM to 3 PM/Room TBA RELX, has completed its acquisition Presented by: International May 12 – 15, 2019 of Mack Brooks Exhibitions. Mack Code Council Evaluation ASTM May 2019 Committee Week Brooks‘ flagship brands include Service (ICC-ES), Instructed by: Denver, CO, USA Fastener Fair (fastener and fixing Elyse G. Levy, S.E., Senior Staff technology); EuroBLECH (sheet Engineer, William Gould, P.E, VP metal working technology); Chem- May 14 – 16, 2019 spec (fine and speciality chemicals); • ALL INDUSTRY RECEPTION IFME 2019 (with Interwire Atlanta, GA, USA RAILTEX (rail infrastructure and tech- 5 PM to 7 PM nology) and others. • June 5 May 22 – 23, 2019 The acquisition expands Reed ECONOMIC OUTLOOK- Fastener Fair USA 2019, Detroit, MI, USA Exhibitions‘ global portfolio by over CHICAGO FEDERAL RESERVE 30 business-to-business events 9 AM to 10:30 AM/Room TBA, in 14 countries. Nicola Hamann Presented by William A. Strauss June 3 – 5, 2019 continues as Managing Director of FASTENER TECH™ ’19 Mack Brooks, which will continue to • EXHIBITS OPEN 10 AM to 3 PM Rosemont, IL, USA be based in St Albans, UK. • AFTER SHOW PARTY 3 PM to 5 PM • • June 6 June 10 – 11, 2019 ANNUAL MWFA GOLF OUTING NFDA Annual Meeting, Cincinnati, OH, USA FASTENER TECH™ ’19 Chevy Chase Country Club Event Details & Schedule June 19 – 20, 2019 The FASTENER TECH™ ’19’ sched- Fastener Fair Mexico 2019 ule of events for June 4 to 6, 2019, in Mexico City, Mexico Rosemont, IL, USA, includes: • Monday, June 3 June 26 – 28, 2019 WHY FASTENERS FAIL Fastener Expo Shanghai 2019 8:30 AM to 4:30 PM/Room Shanghai, China TBA, Presented by the Fastener September 17 – 19, 2019 International Fastener Expo - IFE 2019 Las Vegas, NV, USA March 30, 2020 – April 3, 2020 wire 2020, Düsseldorf, Germany September 28 – 30, 2020 International Fastener Expo - IFE 2020 Las Vegas, NV, USA Delivering the World of Fasteners to Manufacturers • Distributors • End Users February/March 2019 DDEECCEEMMBBEERR 22001188//JJAANNUUAARRYY 22001199 Fastener December 2018/January 2019 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss AUCTION FEBRUARY/MARCH 2019 FFEEBBRRUUAARRYY//MMAARRCCHH 22001199 Fastener DECEMBER 2018/JANUARY 2019 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss Focus ASSETS OF AKKO FASTENERS Focus Live Onsite & Webcast - 10 April 2019 - Cincinnati, OH Fastener Fair Stuttgart Preview...72-97 Focused News, Information and Products for Focused News, Information and Products for Fastener Distributors, Importers, Manufacturer’s Fastener Manufacturing Equipment Fastener Distributors, Importers, Manufacturer’s Presented by... Presented by... Representatives, OEMs and End Users. National 56 & 89 2 Die 3 Blow Headers, 1/2” National 4 Die Representatives, OEMs and End Users. Boltmaker, National 34, 45, 56 & 68 DSSD Hi Speed Medium & Long Stroke Cold Headers, Hartford, Warren & Waterbury Thread FASTENER TECHNOLOGY INTERNATIONAL In this issue... FASTENER TECHNOLOGY INTERNATIONAL WIRE HANDLING...P. 50-61 In this issue... Rollers, Wire Drawers W/AC Vari Drive, Taihei Model 22L Pinch Pointer, Kotsu & Accuvision Late Model Inspection Machines FF News & Info Testing/Gaging/QC...72 FF News & Info The Traveling Salesman P. 89 A Century of Work On Its Spends 10 Minutes with... Shoulders & Still a Great John Radel, Owner & CEO Desire to Innovate Solution Industries LLC Structural Fasteners Roundup: MWFA, NFDA & Pac-West Suppliers Responded to Our Joint Conference Call for the State-of-the-Art in Products and Technology COLD FORMING...110 Fastener December 2018/January 2019 “Straight From The Show” Report P. 119 Lubricants & Surface Focus on the International Fastener Prep Roundup...84 Expo (IFE) in Las Vegas Fastener February/March 2019 Focused News, Information and Products for Fastener Distributors, Importers, Manufacturer’s Presented by... Representatives, OEMs and End Users. HEAT TREATING...P. 46-55 Focus Presented by... In this issue... Focused News, Information and Products for FF News & Info Fastener Distributors, Importers, Manufacturer’s A Century of Work On Its Representatives, OEMs and End Users. Shoulders & Still a Great Desire to Innovate In this issue... Celebrating 100 Years in Business Structural Fasteners Roundup: FF News & Info Suppliers Responded to Our Screws, Fasteners, Call for the State-of-the-Art in The Traveling Salesman Technical Items & Products and Technology Spends 10 Minutes with... Logistics Service John Radel, Owner & CEO “Straight From The Show” Report Solution Industries LLC The MAFDA Holiday Party on the International Fastener Expo (IFE) in Las Vegas MWFA, NFDA & Pac-West Threadlocking & Locknuts Joint Conference FF Products Vol. XLII, No. 1 Celebrating 100 Years Vol. XLI, No. 6 How to Choose a How to Choose a in Business Quality Supplier Quality Supplier VEGAS REPORT... 62-69 & 104-109 Screws, Fasteners, MWFA, NFDA & Pac-West MWFA, NFDA & Pac-West Technical Items & Joint Conference Joint Conference Logistics Service FF Products FF Products The MAFDA Holiday Party TOP PRODUCTS OF 2018...P. 60-67 Threadlocking & Locknuts FF Products Visit to start or renew your free subscription +1 513-241-9701 +1 215-355-6641 Page 8

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