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Home Explore Fastener News Report October 19 2020 Issue Flip Book Edition

Fastener News Report October 19 2020 Issue Flip Book Edition

Published by mcnulty, 2020-10-15 12:31:09

Description: Fastener News Report October 19 2020 Issue Flip Book Edition


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October 19, 2020 Volume 6, Issue 10 INSIDE THIS ISSUE Goebel’s New Stainless Steel Lockbolt.............2 Bryce Fastener Launches Security Fastener....2 Bearon Adds Yardley Inserts & Expands.........2 Danish Fastener Maker Rose Holm to WINA to Distribute 3D Printing Materials.........3 Establish Its First USA Operations in Virginia TR Launches Security Fastener.........................3 ISANTA Announces 2020-21 Board.................4 Virginia Governor Ralph Northam, speaking on behalf of the Virginia “Big 50” List Includes Fastener Suppliers.........5 Economic Development Partnership (VEDP), recently an- Approval for BECK Collated Wooden Nails..... 5 nounced that Danish company, Rose Holm, a leading manu- Astro Punch Founder facturer of threaded bolts for the food and beverage, wind George Thierjung Passes..............................5 power and heat exchange industries in Northern Europe, will invest US$1.35 Solon Remembers David Carpenter................5 Bulten’s Personnel Changes.............................6 million to establish its first USA manufacturing facility in Avantus Acquires CalScrew & FIT....................6 Henrico County in Virginia. The new operation will give FDI Improves to 52.0......................................... 7 the company close proximity to a major customer and Fastenal Webinar on Industry 4.0.................... 7 further its wind energy efforts. Virginia successfully competed with Indiana Conference Calls & Webcasts.......................... 7 for the project, which will create 10 new jobs. Fastener Training Week (FTW) Returns.............8 “Virginia is all in for clean energy, and we welcome Rose Holm’s deci- Match & Meet by IFE..........................................8 Subscribe, read or advertise @ sion to locate its first U.S. operation in our Commonwealth,” said Governor December dates for wire & Tube stand..........8 Northam. “Our Clean Energy Virginia initiative is driving new investment and new jobs in renewable energy, and now it is bringing a new manufacturing Presented by: facility to Henrico County. We look forward to a strong partnership with Rose Holm as we work to make Virginia a hub for the East Coast offshore wind & supply chain and service industries.” Established by Erik Rose Holm in 1953, Rose Holm is a privately owned Initial Publications, Inc. Danish metal company that specializes in high-quality fastening products 1741 Akron Peninsula Rd, with a focus on supplying the global wind energy sector. Combining decades Akron, OH 44313 USA of know-how, logistics and ongoing investments in the latest advanced manufacturing technology, Rose Holm’s two production plants in Denmark Tl: +1 330 864 2122 • Fx: +1 330 864 5298 now manufacture fastener solutions year-round. • Chip Lippincott Publisher Mike McNulty VP & Editor Jim Masar Senior Editor Pac-West/SEFA/SFA Joint Virtual Conference Tom Hutchinson Global Sales Manager The Pac-West/SEFA/SFA meeting in San Antonio, TX, USA, this October has been repurposed into a virtual event, with all of the great education now more accessible, and no masks required! Three educational sessions are planned, on three separate days, followed by virtual roundtable discus- sions on a fourth day. The educational sessions include an Economic Update on October 20; “What’s New, What’s Next?” panel presen- tation on October 22; “Lessons Learned from the Pandemic” panel presentation on October 27; followed by the Zoom Roundtable Discussions on October 29. When you register your company to attend the virtual conference, you and everyone on your team gets access to all four days. Discounts are available to mem- bers of Pac-West (Pacific-West Fastener Association), the Southeastern Fastener Association and the Southwestern Fastener Association. Page 1

BUSINESS & MARKET REPORT October 19, 2020 Goebel’s New Stainless Steel Lockbolt System Notebook In its continued efforts to improve the Bryce Fastener Launches industry standard, Goebel Fasteners, Screwd® Security Fastener Screwd® Security meets the Houston, TX, USA, has developed a demand that Bryce Fastener receives for smaller-quantity se- patented new multi-grip lockbolt sys- curity fastener orders. All Screwd drives are based tem made completely from T304 Stain- on Bryce Key- Rex® technology. less Steel. In applications where a wide For too long, dif- ficulty acquiring grip range is needed and a consistent higher-level security fasteners has left assemblers stuck using flush pin break to the collar is favorable, obsolete, store-bought fasteners. Screwd Security Fasteners offer the Goebel M-Grip™ is reportedly the reliable and identical installed values. exclusive anti-theft security drives only through the Screwd website. new and improved standard in the mar- The M-GRIP has been tested and Screwd screws and bits can’t be found in stores, offer optimum ket. Essentially, the M-Grip’s wide grip developed to be vibration resistant in security and are low in cost. Save 10% off purchases at the website range and various sizes can replace all applications. During the installation below, using code THANKS10. up to 14 sizes of the classic 6-groove process the collar is swaged onto the locking fastener system. pin and locks in place via the grooves. Bearon Manufacturing Adds Yardley Inserts & Expanded Similar to all Goebel engineered The locking feature guarantees con- Machining Capabilities fasteners, the M-Grip provides a top sistent clamping forces, shearing and Bearon Manufac- turing has acquired level of quality and vibration resistance. tensile values once installed. manufacturer of threaded metal insert fasteners, Yardley Inserts. The M-Grip installs consistently with The acquisition comes alongside Bearon’s continued growth ef- LISI AUTOMOTIVE to benefit combustion engines and in the forts including the from French automotive context of the increasing electrifica- expansion of its modernization fund tion of vehicles, a project to diversify manufacturing capabilities with the site’s product offer is targeting the addition of its new climate On May 26, 2020, France an- a new high-potential family: com- controlled 80,000 ft2 manufactur- nounced the fund to support and ponents used for the power trans- ing facility in Landisville, PA, USA. modernize its automotive sector, mission from an electric motor to a after responding to the Call for Proj- comfort element in the passenger ects launched last June and July. compartment of the vehicle of the future. LISI AUTOMOTIVE’s teams are LISI AUTOMOTIVE, the automo- currently quoting many requests tive division of the received by Tier1 customers. French Group LISI, in The LISI AUTOMOTIVE Former Delle, France, is one of the first 13 plant in Delle should thus ben- companies to benefit from this sup- efit from the 7.5 million euro fund port fund. The company positions shared between the 13 selected itself as a sustainable supplier and companies from the automotive development partner to car manu- sector. facturers and equipment suppliers for tomorrow’s vehicles, which will This industrialization project is be more connected, lighter and part of a deep transformation of the increasingly electrified. Delle plant, which has been under- way since 2016, including new work The LISI AUTOMOTIVE Former spaces dedicated to collaborative plant in Delle is a reference supplier innovation. site for gasoline and diesel engine screws for European OEMs. Faced with the decline of internal [email protected] [email protected] • Page 2

BUSINESS & MARKET REPORT Grainger donates 1.7 million nounce the appointment October 19, 2020 face coverings to Children First of Scott Gibson to the po- Fund for Chicago School Year sition of Proferred Global Notebook Sales and Product Di- Leading broad line supplier of rector. Gibson will direct WINA to Nationally Distribute maintenance, repair and operat- Proferred’s sales efforts with the DSM 3D Printing Materials company’s building and drywall Würth Industry North America ing (MRO) products customers. He will also support (WINA) has signed a national serving businesses customers on a global level, work agreement with DSM, a global and institutions, Grainger, Chicago, with buying groups as well as on purpose-led, science-based IL, USA, the has donated 1.7 mil- BBI trade shows. company in nutrition, health lion face coverings to Children First and sustain- Fund (CFF) to help ensure teach- BBI/Proferred would also like able living, to ers, students and staff in Chicago to congratulate Larry Unger for distribute the Public Schools (CPS) have the face his promotion to the company’s 3D printing materi- coverings they need for a safe position of Proferred als for stereolithography and school year. The donation includes National Drywall Ac- fused filament fabrication. The 1.2 million cloth reusable face cov- count Manager. Unger agreement expands the suite of erings and 500,000 disposable will spearhead the Pro- 3D printing technology offerings face coverings, which are critical ferred sales on a national level. of WINA and will serve custom- resources that supplement CPS’ ers in the general manufactur- existing inventory. ing market, oil and gas, heavy A portion of the donation was equipment and transportation. used this summer to support the G.L. Huyett now stocking Summer Return to Play program- new Aztec bent wire eye bolts ming for sports across the district. Moving into the school year, an ad- G.L. Huyett, Minneapolis, KS, TR Launches Security Fastener ditional portion of the face coverings USA, manufacturer A new range of security fasten- will be used to support teachers, and Master Distribu- ers has been launched by TR staff and students for supplemental tor, has expanded its Fastenings to help programming, Fall Return to Play businesses cut the sports, and more as well as to Aztec Premium Lifting Hardware cost of being a victim support families and staff at Child line with zinc-plated carbon steel of crime from their Learning Hubs. Bent Wire Eye Bolt in diameters up overheads. The 5-Lobe pin is the to ½\" and lengths up to 8\" that are first complete range of security in stock and ready to ship. G.L. Huy- fasteners made from corrosion- Personnel Announcements ett’s new zinc-plated carbon steel resistant A4-70 stainless steel, at Brighton-Best International Bent Wire Eye Bolts compliment the ideal for outdoor use in marine, company’s extensive line of Aztec health and medical sectors be- Brighton-Best International (BBI), Premium Lifting Hardware. www. cause of its nonreactive qualities. of Long Beach, CA, The fastener’s five-sectioned USA, has recently screw head means it can only be made the following personnel MW Industries completes undone by someone with spe- announcements. combination with NN division cialist tools, preventing removal by a criminal. BBI/Proferred is pleased to an- MW Industries, Inc., Rosemont, IL, USA, is a leading provider of highly engineered springs, spe- Jackie Ventura Fastener Technology International Sales Representative (FTI) Phone: 330-467-0102 • Mobile: 216-338-8485 Manufacturers • Distributors Fax: 330-467-0108 • Email: [email protected] End Users • 90+ Countries Print & Digital Editions Web: Six Issues/Year News & Notes: www.JackieVentura.Net Fastener Focus (FF) Section Skype: Jackie.Ventura1 Company Profiles Twitter: @JackieVentura1 Page 3

BUSINESS & MARKET REPORT October 19, 2020 cialty fasteners, machined parts K&L into our family. Dave and Tom and other precision components, have built an organization that Notebook has announced that possesses a tremendous amount affiliates of American of industry knowledge and experi- ISANTA Announces Securities LLC have ence that is centered on customer 2020-21 Board of Directors completed the transaction to ac- service. We look forward to collabo- The International Staple, Nail, quire NN, Inc.’s Life Sciences divi- rating with our new team members and Tool Association (ISANTA) sion. The Life Sciences division will to improve our overall market offer- is the international or- be combined with MW Industries, ings,” commented Steve Endries, ganization of premier a portfolio company of American President of Endries. power fastening com- Securities. panies that designs, manufac- tures and sells pneumatic and Life Sciences will be run and cordless power tools and the financed separately from MW In- Robert Frank is new GM fasteners they drive. dustries. Life Sciences and MW’s at Doncasters’ Bochum facility existing medical division (Marox, ISANTA has recently announced Economy Spring & Stamping, and Doncasters Group has recently its 2020-2021 Board of Directors LaVezzi Precision) demonstrate announced the appointment of as follows: complementary, but distinct, manu- Robert Frank as facturing capabilities and offer dif- General Manager • Guenther Kram of ferent product portfolios. for its precision casting operation ITW located in Bochum, North Rhine- Under the terms of the transac- Westphalia, Germany, effective • Steve Shennum of tion, NN, Inc.’s Life Sciences division November 1, 2020. Prime-Source was purchased for US$825 million Building Products including US$755 million (subject Franks commented, “I’m de- to customary adjustments) in cash lighted to be given the opportunity • Jorge Silveira of payable at closing of the transaction to lead one of Doncasters Group’s Stanley Black & Decker and an additional US$70 million largest facilities. Having already earnout payable in cash based on met a number of the management • Stephanie Thompson of the 2022 performance of the Life team I’m excited to help them build Koki Holdings America Sciences division. upon the excellent work they have done so far in developing valued • Matt Conner of partnerships with our customers Techtronics Industries in order to promote future growth.” Endries International • Jerry Koontz of acquires K&L Sales, Inc. With significant experience in Jaaco Corporation senior roles at Elster/Honeywell Endries International Inc., Brillion, and most recently Siemens AG, • Brett McCutcheon of WI, USA, is pleased to announce Frank brings significant experience Beck America the acquisition of in leading complex manufacturing K&L Sales, Inc., Hart- sites. Importantly, his background • Steve Karaga of land, WI, USA, by brothers Dave and gives him an in-depth knowledge Oman Fasteners Tom Knebes. of the industries served by DPC Bochum, which specializes in the • Philip Bess of The foundation of the business production of vacuum cast blades Huttig Building Products was built on the distribution of and vanes as well as the super riveting products and associated alloys used in manufacturing for For more information about the installation tools. Today, the com- the aerospace and industrial gas activities of ISANTA, and to learn pany’s offerings have expanded turbine markets. the benefits of ISANTA member- to include a full line of fasteners ship, visit: including many proprietary brands. Simon Ward, Managing Director In addition, K&L has a complete of Doncasters’ European division suite of vendor managed inventory said, “We identified the potential solutions and an installation tool for Bochum early in 2020 to grow repair center. our DS/SX castings and Mastermelt market positions. Robert brings a “Endries is thrilled to welcome Page 4

BUSINESS & MARKET REPORT Approval for BECK Collated Wooden Nails October 19, 2020 The collated nails made of wood from theNotebook RAIMUND BECK GmbH, Mauerkirch- “Big 50” List Includes en, Austria, received the National Fastener Suppliers The annual Industrial Distribution technical approval/general construc- “Big 50” List has been published, and includes several suppliers tion technique permit. On August 28, that are very active in the USA fastener industry: 2020, the German Institute for Con- 1. W.W. Grainger,   Lake Forest, IL, USA struction Engineering (Deutsches 4. HD Supply, Atlanta, GA, USA 5. Fastenal, Winona, MN, USA Institut für Bautechnik – DIBt) issued 6. Winsupply, Dayton, OH, USA 9. MSC Industrial Supply, the “National technical approval/gen-   Melville, NY, USA 11. WESCO International eral construction technique permit” for tion. Planks and panels made of solid  Industrial, Pittsburgh, PA, USA, 12. Würth Industry North “Loadbearing timber connections using timber, wood-based materials or gyp-  America, Ramsey, NJ, USA 20. Optimas Solutions, LignoLoc® wooden nails”. After exten- sum fiber can be attached to wood   Glenview, IL, USA 27. Border States Industrial, sive tests/calculations, all expectations building materials using LIGNOLOC   Fargo, ND, USA 31. Lawson Products, of the expert committee were met. nails. Also, connections can be made   Chicago, IL, USA 32. Endries International, The approval enables the planning, with LIGNOLOC to produce bracing   Brillion, WI, USA 35. Kimball Midwest, design and execution of load-bearing and load-bearing wall diaphragms.   Columbus, OH, USA 39. Bossard North America, connections in timber frame construc-   Cedar Falls, IA, USA 50. Martin Supply, Obituaries: material recess punches used to warm and hot   Florence, AL, USA Astro Punch Founder form A286, Titanium and Inconel fasteners. George Thierjung Passes That development improved recess punch life from a few screws per punch to a few hundred. George Thierjung, a founder of recess Astro Tool & Die was now a recess punch com- punch company, Astro Punch, and father of pany and in 1967, incorporated and changed RTM Products owners, Robert and Richard to Astro Punch Corporation. Thierjung, passed away on July 20, 2020, at Over 35 years, Astro Punch grew to the indus- the age of 82. tries’ second largest recess punch producer with an outstanding world reputation for quality George was born in Northern Yugoslavia and recess heading tooling. During that time, Astro was a refugee of WW2. His family lost every- Punch relocated south to Santa Fe Springs thing during the war and in 1951 at the age of moving into larger factories twice and contin- 13, was sponsored by the Los Angeles Catholic ued to be the global leader in aerospace recess Archdiocese to immigrate to the United States punches and tooling. Astro Punch expanded to live a new and exciting life. He was told as into the automotive, hi-tech and construction a small child that the United States is a place fastener industries and developed a network where, “If you worked hard enough, you can of 25 global sales reps and agent/distributors. achieve anything.” In 1996, Astro Punch was purchased by Preci- In Los Angeles, George attended and gradu- sion Cast Parts (PCC), and George and Peter, ated from Manual Arts High School and then proudly retired from the industry they loved. studied drafting at Junior College. His first job George had many friends in the fastener in- was as a draftsman and machinist trainee for dustry and was well respected as a fair, very an aerospace company, Gilfillan. In 1959, honest business man. He was very thoughtful, George wed his bride, Theresa, and immedi- generous and a mentor to many. George loved ately started a family. to play golf, spend time with his grandchildren In 1962, George and his brother Peter, who and tinker with his many projects. was working at aerospace fastener producer, Dumont Aviation, founded Astro Tool & Die in Los Angeles. Being in the center of Solon Remembers David Carpenter the southern California aerospace market, Astro Tool & Die, first started as a machining Solon Manufacturing Co., Chardon, OH, company for a few aerospace companies, but USA, reports via a LinkedIn post, “It is with soon approached a few aerospace fastener great sadness we announce the passing of companies to produce tooling for them. Work- former Solon Manufacturing Co. President and ing closely with SPS Technologies in Santa CEO, David Carpenter. Dave’s father, Joel, Ana, George and Astro developed the first M42 was a founding member of Solon, and Dave spent 50 years at the helm of our engineering and leadership teams. An avid lover of steam locomotives, Dave’s kindness and warm smile will be missed by all who knew him. Our con- dolences to his family and friends during this difficult time.” Page 5

BUSINESS & MARKET REPORT October 19, 2020 Avantus Aerospace Acquires CalScrew & FIT Notebook Avantus Aerospace, Santa Clari- FIT, founded in 1979, manufactures ta, CA, USA, a global leader of C- unique, high-strength specialty fas- Bulten Management Class and Composite Changes; New Technology parts for the aerospace teners for military and Position Established and defense industry, commercial aerospace Earlier this year, Bulten acquired has acquired Califor- applications and has the global fasten- nia Screw Products (CalScrew), a natural fit with other er supplier, PSM companies in the Avantus group, International. In connection with Paramount, CA, USA as well as including Lamsco and Fastener the start of the integration work, Fastener Innovation Technol- Technology Corporation (FTC), PSM’s CEO, Marco Suzuki, has ogy Corporation (FIT) in Rancho which was acquired by Avantus chosen to leave his position. Dominguez, CA, USA. CalScrew, in December 2019. Avantus Aero- Bulten President/CEO, Anders founded in 1984, has built a strong space is owned by Inflexion and Nyström, takes over manage- reputation as an innovative and Auctus Industries, a leading Eu- ment of PSM until a new man- reliable supplier of difficult-to-man- ropean mid-market private equity agement structure is in place. ufacture ‘standards’ serving more firm. “Marco Suzuki has, since taking than 45 aircraft platforms. over as CEO of PSM in 2018, in CalScrew manufactures unique, an excellent way led PSM to the high-strength fasteners for com- profitable company it is today. mercial and military aerospace We thank Marco for his efforts applications. and begin the next phase in PSM’s strategic development in wealth of experience and I’m ex- Semblex receives Ford Engine the Bulten Group,” says Nyström. cited by the potential that his leader- Plant Quality Award 2019 Also, as part of Bulten’s en- ship, rigour and lean principled ap- hanced focus on technical lead- proach brings to the business which For Ford Motor Company, has ership, a new position has been will enable Bochum to achieve its announced that Semblex® Corpo- established in the group’s ex- full potential. ration, Elmhurst, IL, USA, has been ecutive management team. As selected as one of ChEP 100 Best Senior Vice President Technol- “I’m pleased to have been able Managed Companies with out- ogy and Innovation, Bulten has to appoint someone with Robert’s standing Quality performance in recruited Emmy Pavlovic, who experience to lead the team in 2019. Ford recognizes that Semblex joins Bulten on December 15, Bochum, I look forward to working always complied with perfect qual- 2020, or earlier if possible. closely with him and welcome him ity during 2019, supplying the auto Pavlovic most recently was Tech- to the Doncasters team.” manufacturer with top quality parts. nical Account Manager at Arcam AB and also has 11 years of ex- perience from leading technical positions at the fastener supplier, Kevin Sand to CEO The Ford Motor Company also Nedschroef, in The Netherlands, at G&G SAFETY FASTENERS extends its greetings to all Semblex China and Sweden. employees and wishes them suc- Kevin Sand will take over as CEO cess in all their business activities. and General Manager, at G&G Ford would like Semblex Corpora- SAFETY FASTENERS, Morristown, NJ, tion to keep “Going Further” to con- New England’s USA, effective January 1, 2021. Sand tinue providing outstanding quality Premier Manufacturer’s replaces retiring Bob Bowden. G&G results, in helping Ford deliver best- is the North American sales office in-class vehicles to its customers in Sales Representative for Growermetal of Italy and Guede the coming years. GmbH of Plettenberg, Germany. Tel: 617-240-5326 [email protected] [email protected] Page 6

Fastener Distributor Index – September 2020 BUSINESS & MARKET REPORTWritten by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/4/20 Fastener Distributor Index (FDI) Improves to 52.0 October 19, 2020 The FDI activity and sentiment improved Industries will join Fastener Technology In- Notebook during the month, as evidenced by a 52.0 ternational Magazine Editor Mike McNulty readingKeayftTearkecaowmayin: g in at 49.2 in August, to provide further analysis. Fastenal Webinar: Tell your fellow North American fastener growthIndustry 4.0, More Data seasonally adjusted. dInisdterxib(uFDtoI)rsfoar bSoeputtetmhebeFr DwIatso5h2e.0l,pruetsurfunirnthg etor The ForTwhearsdeaLsooonaklilnygadInjudsitceadtoFars(tFenLeI)r sDhisotrwibsutor increasainftger olapsttimmiosnmth’as mslioghntgcofantsrtaecntioenradryisr-eadindgev(4e9lo.2p).: wAnwiwm.pfarosvteemneernstcilneathriengsahleosusaned.ceommp/loyment and Better DecisionsctProilbenuastseoecrsiimmumnc,tdaoilpwvierncrkextoiekethvht-mssei.cndaoodTnnrnatrodioketcvhiietnaeiFlgodoynutifttnhsolhplegyse6oh0omsoFT.fwDi6t/hi,6Imevrbd0eaern.aeii6mmodad,,hrf,Lefoiannoafrkceorirnhluaogw/rtwmivwvfe~oaiel5wriywnw3.s,-.fat5naerw4sdwase,frdt/aweyfbtnFhnwAegaelueei.segfrsvFdtuseeeosiecnrstnw.tleuhecariraosrDvdrnieii-snsnLiydsotgrt.iocecihbkanoituotnemltugysosorSIIvenened.pdrcitceteoahmxtmeobrpear(sFtfLasIs)etveaenlrseaorl episode 157, as Frank DeVito of Solution Fastenal, which is headquar- Fastener Distribution Trends: September 2020 tered in Winona, MN, USA, re- cently announced a webinar to FASTENER DISTRIBUTION AT A GLANCE be conducted by the company’s September 2020 Rate of Metalworking and Manufac- ------------------------- Index Values ---------------------- ISM PMI (Manufacturing) Sep Aug Jul Jun May Apr Mar Feb Jan Direction Change turing Teams. The educational 55.4 56.0 54.2 52.6 43.1 41.5 49.1 50.1 50.9 Growing Slower event will provide a discussion FDI on Industry 4.0 and how data FLI 52.0 49.2 54.6 56.9 45.0 40.0 44.4 53.0 51.4 Growing Faster 60.6 53.1 54.8 52.6 43.9 36.2 33.3 48.9 50.9 Growing Faster (Other Metrics) 60.8 47.6 79.2 69.9 28.9 14.0 34.6 54.9 50.0 Growing Faster will shape the supply chain of Sales 53.7 46.1 44.3 56.6 40.0 26.8 27.0 48.2 56.7 Growing Faster the future. Employment 57.3 60.5 57.1 57.9 67.5 76.8 68.9 66.1 58.3 Growing Slower The webinar will be held on Supplier Deliveries 63.4 64.5 64.3 69.7 70.0 68.3 64.9 64.3 63.3 Growing Slower Wednesday, October 21, 2020, Respondent Inventories 34.1 40.8 42.9 47.4 48.8 47.6 48.6 41.1 41.7 Declining Faster at 11:00 AM CST. Customer Inventories 56.1 52.6 58.6 52.6 47.5 59.8 50.0 50.0 58.3 Growing Faster Pricing, month-to-month 80.5 65.8 67.1 60.5 61.3 67.1 60.8 58.9 70.0 Growing Faster Pricing, year-to-year 6-Month Outlook -September Higher Same Lower You can register for the Fastenal 61% 24% 15% webinar at: FDI and Pricing are diffusion indexes. At 50, the performance of the category listed met expectations. A reading above 50 suggests the category outperformed expectations,while a reading below 50 suggests the category underperformed expectations. register/2217209587724814094 Source: Baird, FCH Sourcing Network, Institute for Supply Management &BuefaxbpedADricbiesstottrpruisibbtouutstthorohertrsss,aFcaAorgssntpsedoonucecoiiartnetdidDocniwsr.gteirtIihrtbaoutohtsfowefereFrsItCnh Hdine Ssx oiguh(rFtcsDinIi)gn. tNoagTehobtcewuoirFolriDdretkyIntarisdnefdaaecsBtvoemaneivorednlerotwhripnlyiytdhmuasssutunerrpvynedpyottrreatoinnffdrsoNsQ/mtoorruo3ttthhlnoe2AogNmk0ase.2ptiroSi0rcniaoma.nlifliaFftraa-lssytt,eetnnheeerr in operating profitForward-Looking Indicator (FLI) is based on a weighted average of four forward-looking inputs from the FDI www.bufab.comsurvey. This indicator is designed to provide directional perspective on future expectations for fastener BufamwbeaarGkkenterscoso.nuOdpivteiornntsi.meAets, sales in thediffusion indexes, values above 50.0 signal strength, while readings below 50.0 signal relevant to other results should be directly relevant to Fastenal (FAST) and broadly third quinadurtsetriral doisftri2bu0to2rs0such as W.W. Grainger (GWWC)oanndfeMrSCeInndcuestriCala(MllSsM&). Webcasts... • Bulten, of Sweden, will present an interim were SEK 1.180 million report for the period January to September “Fastenal provides the industry versus SEK 1.044 million in 2019, 2020 on October 22, 2020 at 3:30 CET. for growth of 13%. Organic growth with supply chain efficiency. in the period was around 0%, a When you partner with Faste- significant recovery from Q2 2020 • Illinois Tool Works Inc., Glenview, IL, USA, will nal to avoid over-consumption, hold its Q3 earnings webcast on October 23, 2020, at 9 AM CT. (-25%). Organic growth in the period • Lawson Products, Chicago, IL, USA, will obsolete inventory, redundant August-September was positive. Q3 hold a conference call to review Q3 2020 purchases, expedited ordering order intake exceeded net sales. on October 29, 2020, at 9 AM ET. and overlapping deliveries from Bufab operating profit (EBITA) in • Nucor, Charlotte, NC, USA, will hold a live multiple vendors, you are taking Q3 is expected to rise to between conference call to review Q3 2020 results, waste out of your business and SEK 135-145 million compared to followed by a Q&A session, on October 22, the environment—with fewer 2020, at 2 PM ET. SEK 89 million in 2019, for a 12% •Simpson Manufacturing Co., Inc., Pleas- materials consumed and fewer operating margin (8.5% in 2019). anton, CA, USA, will report financial results for Operating profit increased mainly Q3 2020 on October 26, 2020, at 4:15 PM ET. carbon emissions produced.” due to significantly lower operat- • Stanley Black & Decker, New Britain, CT, USA, will hold a Q3 2020 earnings conference ing costs, continued recovery in call on October 27, 2020, at 8 AM ET. demand and good contributions from recent acquisitions. • TriMas, Bloomfield Hills, MI, USA, will host its Additionally, no revenue from Q3 2020 earnings conference call on October Don't Miss On-Demand Fastener Talk Radio! COVID-19-related Swedish govern- 29, 2020, at 10 AM ET. FTR is talk radio for the fastener industry, featuring ment grants has been recorded in guests, commentary and conversation designed to the period. • WESCO International, Inc., Pittsburgh, PA, inform and entertain fastener professionals. Available USA, will hold its Q3 2020 earnings conference any time in streaming or download formats. Tune in Overall, Bufab saw continued call on November 5, at 10 AM ET. today! Log on to listen to Fully Threaded Radio: Page 7

EVENTS & OPPORTUNITIES Fastener Training Week (FTW) Match & Meet October 19, 2020 Returns in December by IFE, Live Digital Event EVENTS The Fastener Training Institute The pandemic has made it im- (FTI), returns to live, in-person practical to hold classes—Fastener Training Week the live edition of November 3 – 4, 2020 Fastener Exhibition & Conference (FTW), will be presented December the International Birmingham, UK 7 to 10, 2020. John Radel and Frank Fastener Expo (IFE). Emerald X LLC DeVito of Solutions Industries in recognizes the value the show Strongsville, OH, USA, will host FTW brings to the industry and is com- November 3 – 5, 2020 International Fastener Show China 2020 Shanghai, China in their new training facility. FTW mitted to facilitating industry con- will again be co-produced by the nections digitally. November 9 – 10, 2020 Industrial Fasteners Institute (IFI). Virtual Anaheim, the STAFDA IFE is introducing its first-ever Convention & Trade Show Laurence Claus, Sa- digital event—Match & Meet by lim Brahimi and John IFE—taking place November 11 to November 11 – 12, 2020 Medcalf will again pres- Match & Meet by IFE ent our most popular Laurence 12, 2020. Event Features will include: and comprehensive Claus • AI-powered digital platform advanced training pro- • Explore new products/trends December 7 – 10, 2020 gram. The three are all • Live conference sessions Fastener Training Weeik (FTW) • Develop business relationships Strongsville, OH, USA recognized and tenured • Reconnect with industry December 7 – 11, 2020 industry experts. Their To learn more, visit: wire 2020 backgrounds as fas- Düsseldorf, Germany • tener consultants, joint April 22 – 23, 2021 Subscribe, read or advertise @ design developers and Salim Industry & Associations Stand Fastener Fair India • New Dlelhi teachers make this four- Brahimi by wire & Tube December Dates New Delhi, India day class an invaluable Messe Düsseldorf provides all May 18 – 20, 2021 experience for the stu- Fastener Fair Stuttgart dents that attend. FTW the requirements for organizing Stuttgart, Germany features learning labs, successful and hygiene-conforming interactive exercises and trade fairs in COVID-19 times—with John strong support from June 22 – 24, 2021 Medcalf Spotlight on NIFS/WEST Exhibitors ...continuedquizzes t reinforce the content the industries and Fastener Fair USA presented. 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OurThceataEluorgopceoanntauimnsbrella orgasncrisewatsioannsd absoltsw.eWll eamsainmtaaijnora large June 2021 Fastener Fair Mexico Visit FastMeenxiecor City, Mexico iInntBeornoathtiTSKoa3eanipw3othaa0esnlm,iuIbnngteer,rTn2aa0iwt2io1an na l Fas tene r S how new books September 21 – 23, 2021 passing the final exam, attendeesour current pTcaohrmetspEaonurireosvpeiosafintthoeumulebraredlilnag oinrgteairnnnviasetaniottionoranylsotfraatosdoeliwnfaeg,ilrlsstraawsteirgemicaaaljnloydrlocated aSpreecewilaigwliisbwtl,e.FCafoFsSrte,thndeeerCsTriegarinntiafiinetgiod.cnFo.amstener T2sfaue0iblr2de0doa,arfrt,aeeGtscetlhefrrmaeormalfyaniiDnyr.gefarcoveuomnr bodefstrhin7e ttDroaüd1s1e-,imppnorsaeltycweimrseiieaourlnsss,eppcloatao-gspetcTtTItmonooiouuclfm11bbayof1a1eenpamraDDcucsnamlelteeeefeiraeccaaelnseescreri,llsmemtyytaiuotrnbbsnsfsrgoeepp.detrreefhaa22oreotek0kf0hus2l2oeoer-0t0auuhdttaeaiiittnnnDDgEffüüaauissvvnrssoooteeeupummtwtTrllrerhhddnOoaeaaooeooarRnnnffrrrtlmfeficuQdttopehhFFfwon-aaueeiSaasnacsitEtiidtattlrsrturTrggethdoaatir®.rroreeceddo,oaWPnpiieeuuadnTHefrnntedofOfeniIaaoddrunLdRiinfssttsrrLaahhQ..stIddbrieaPry-alasmhSeS.attWEieeSgcwdiTQssshteeii®renpUlfaf,eirrsgArrvooAteoemqmaCuRlruinaRydcEad77se®-ltpnDiortseiyRbehrIadbfaVonevtr®ddoe-, International Fastener Expo (IFE 2021) Las Vegas, NV, USA Icnoncaepmtueael tsinpgonsoof rsthoef thEeuerovpeAenCatsnRi®narDisbsübosecsdieaPltdiHoonIrLfsLthIPaecSd®ti,enAcgiCsiRoans® ribbed assInocaiamtioenestinagctoinf gthaesEucoronpceeapn-hchfaoaainrssscnnefroopowwtmuabbtleehseeepnnironrttaaeskksoeeprnnsecottthhifvaatehtt esaaeecccvooteommPTnrHOsmmtsRIoiiLttXifmmnL®iIneeDPadnnnSüuttdsIsIttso®toQre,yUMlttdhhiAsoOeerDiRfnlleeRTtdhaaEOiseddXRpiinn®deQggepn®crs,ttoirrasHaadibodduElneeecXtLs.OBE, October 5 – 7, 2021 BUYERS’Presentedby: tual sponsors of the two events infdaeirsspfitreomthtehseeir crheasplleencgtivinegsteimcteosrs. oPfeirnsdounsatlryeinscionudnistepresn,soanbele- GUIDpE arts2clean Düsseldorf, it was decided that adoens-opnitee cthoensveerscahtaiollennsgainngd ttihmeese.xpPeerrtseoxncahl aenngceouanttethres, torandee- Stuttgart, Germany commitment to the leading tradeVolt Industriofaanilr-osPntaelnacdoshntavivecerssnae,tivoIenrnsbcaene.dn mthoereeximpeprot retaxncthtahnagneinatthtehecutrrarednet Manu2f0a0c7tureNr ovember 7 – 9, 2021 IdentificatioSnTAFDA Symbols Charlotte, NC, USA INTERNATIONAL GUIwDE 700 Hwy.w2w02wW.vo•lYtfspaeitillurlavassittliatoleinnc,d.sAh.cRaov7me2n6e8v7e,r bUeSeAn more imwfpwaorwitar.nswt trhfearnotimhn athmetthcoueorrlei.rnctormespective sectors November 10 – 11, 2021 Contact: HeidsiitVuaotlilotrna. uer, COO to oreftuirnn dtoua snotrrmyailscoiunrsdeispensable despite Fastener Fair Italy Toll-Free: +“1A8ll 0p0ar8tie4s4a8re02m4aking an effort Milan, Italy these cwhwawlle.wnigrein-tgratdimefeasir..comWTEoe-lMlb-FaSrieli:teeh:Fewaidxwi:@w“oro+Aiffsv.l1kvloaasoplff8,tffl”aaapt7priislrtr7ailasseasy4sstiisnn5itaciD3csrsses.rpp8.c.iimco7ttUeeom0awmk7ooeiffn-PgtthheaeetenreeexxWfiifssoettriiinntgggmtoaCCrneOOntuV,VrCIInDDE-t-o11O99aommfnoWeeraamAssaFuulrrIOeecssoSuaaArnnsGded Page 8 raisnkdsP,”ressaiydsenDtro. fUVwDeK-PMe.ter Weigmann, CEO of WAFIOS AG and President of VDKM. Weigmann adds: “We are confident that personal

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