Fastener News Report May 13 2019 PDF Edition

May 13, 2019 Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp • FREE FTI BUYERS’ GUIDE for all paid subscribers Volume 5, Issue 5 INSIDE THIS ISSUE DPA Distributor & Supplier Awards.................2 PennEngineering® Div. is Supplier of Year...... 2 Fastener Fair USA – Welcome to Detroit Ramco Now Stocks Press-In Nuts ...................2 CBSA Re-Investigates China Steel Fasteners...3 Nicola Hammann, Managing Director, Mack Brooks Exhibitions, says, Fastenal Two-For-One Stock Split ....................4 “The second Fastener Fair USA, the event for manufacturers, distributors and PSM International Celebrates 88 Years..........4 suppliers, takes place May 22 and 23, 2019, in Detroit, MW Industries Acquires Sussex Wire .............4 MI, USA, the heart of the midwest manufacturing re- EFC International Redesigns Website .............5 gion. We are thrilled to offer attendees a wide variety Strategic Allies Join Fastener Fair Mexico.......6 of fastening solutions from companies around the world, a full Nicola Kyocera to Acquire SouthernCarlson .............6 Hammann Agrati Expands Without Stopping Production ...6 agenda of educational sessions, plus a welcome reception at the FDI Climbs to 55.8 in April................................ 7 GM Renaissance Center. With nearly 300 exhibitors showcasing the latest Cooper & Turner Wind Farm Contracts........... 7 products and technologies in the marketplace, you’ll have an opportunity Semblex Fastener for Light Alloys ................... 7 find the solutions you need for your manufacturing challenges.” Quarterly Dividends Report.............................. 7 In addition to the exhibition, Fastener Fair USA offers a variety IFME Show Floor Plan .......................................8 of education and networking opportunities. Educational presenta- Registration Open for IFE 2019.........................8 tions on both days of the show will be kicked off on May 22, with Die Stress Analysis Workshop .........................8 a Keynote Session, titled, From Rust Belt to High Tech: Transform. Ignite. Disrupt., by author and speaker, Steve Blue, President & Steve Blue Presented by: CEO of Miller Ingenuity. Following this will be Distributor Education Sessions including an Industry Panel discussing Disruptions Affecting Distribution as well as sessions ranging from Automate or Evaporate by John Touhy of & Fanuc America to Buckle Up! 5 Ways to GROW Your Business by Ken Okel Initial Publications, Inc. 1741 Akron Peninsula Rd, of LaManna Alliance. Akron, OH 44313 USA Technical Education Sessions will include a Fastener Technology Panel Tl: +1 330 864 2122 • Fx: +1 330 864 5298 discussing Trends in Fastening Technology, along with sessions ranging from www.fastenertech.com Fundamentals of Threaded Fasteners by Dr. Sayed A. Nassar of Fastening and Joining Research Institute and Oakland University to Inserts for High Chip Lippincott Publisher Strength Thin Sheet Materials & Composites by Jamie Lawrence of AVK. Mike McNulty VP & Editor Jim Masar Senior Editor In addition to the welcome reception at the GM Renaissance Center, net- Tom Hutchinson Global Sales Manager working opportunities at Fastener Fair USA will include a fun fastener trivia event sponsored by the Young Fastener Professionals. More details about Fastener Fair USA can be found at the show website (listed below) and in the 92-page Show Directory, which will be distributed on-site in Detroit. www.fastenerfair.com/usa G.L. Huyett’s New Sidney Tech Center In April 2019, G.L. Huyett, headquartered in Minneapolis, KS, USA, opened a Technology Center in Sidney, NB, USA, to support the company’s belief in the future of B2B commerce in the industrial space as well as the increasing relevance of e-commerce. The new Technology Center is headed by Sarah Sinnett, VP of Technology and Marketing. She also sits on G.L. Huyett’s Executive Committee. And to lead the continued development of its e- ...Since 1970 commerce site, G.L. Huyett has also hired Alan Beard to the newly created role of Forged Industrial Products Leader in the Eyebolt Industry E-Commerce Manager. The company has also hired Charles “Chuck” Hoffman as Toll-Free: 888-536-3674 Locally: 440-993-8091 Special Projects Administrator to initiate a Fax: 440-992-0360 data analytics function. www.huyett.com www.kenforging.com Page 1

DPA Headquarters ofDthiestYrAeiabmruetroircaPa(DrtPnAer)s DPA Honors Industrial Distributor and SupplierPEhmoaniel::[email protected] By Mary Rouse Address: of 8C2in8c0inMnoantit,gOomhioer4y5R2d3.6, May 1, 2019 By Mary Rouse Fax: 513-794-3342 Suite 305 America (DPA) Email: [email protected] Cincinnati, Ohio 45236 BUSINESS & MARKET REPORPrTess ReleaseCongratulationstoDPAIndustrialDistributoroftheYear,MaharTools(Saginaw,MI)andDPAIndustrialSupplieroftheYear, Press ReleaseMCIaNyC1I,N2N0A19TI, OH – The DPA Buying Group is pleased to announce its 2018 Industrial Distributor and Supplier of the Year. May 13, 2019 By MCBBCaIrroNiirnggyCghhRIrttNaoootNunnusl--AaBBetTieeoI,ssnOttsIIHtnnottee–DrrTPnnhAaaeDttDiiIoonDPPdnnPAuaaAAsllt//HHrBIIiarruoooolyDnnnninccisooglltaarrrGiddbssruPPoItIonueenrprrddffoooisufurrtmmpshsleettaarraYnniisaaeccelaeeldrDDWW,toMiiseesaaaattnhrrrrniai((bobLLruoouuTnnottcggoooeBBrlrsiteesaa(aaS2nncc0ahhdd1g,,8iCCSnSaIAAnuuw))dp..p,uMpsptlIrl)iiiaeealrnrDdooisDftfriPttbhhAueteoInrYYdaueensadatrrrSiaul SppulpieprlioefrtohfethYeeYare.ar, Notebook DPA Annual Distributor & Supplier AwardsBMyaMy1a,ry20R1o9use PennEngineering® May 1, 2019 Wins Supplier of Year Award Press ReleaseCTINhCeINNDAPTIA, OHB–uTyheinDPgA BGuyrionguGpro,upCisipnlecaisnedntoaatin,nounce its 2018 Industrial Distributor and Supplier of the Year. Press ReleaseCBCBCYdOIroroNueiingHngCgsaghhIrr,tNttaraoor.ttUNnunuiaTl-Al-aaBSBtTlthiieoeoIAD,snsneOtsts,iIIHtnstnDoohttte–eDDaPrrrTPinPnsbAhAaAaetutiaIiIoInonDtndnndnoPuauadnArslsltu/t/orBraIiIiararsuuoolnlyDtnDnnirdnciciBsisgcllatatayrrSGieiddblbMruuudPoDPattouoeeprrpriyrirstfofpooiRosfftrlrtotrmpihmh2euileebasa0raYYnenusec1ecoetaeaedo8frrW,W,trotMMIheeanoaaaaenhhr-rfnaa((oLLrruooTTnnnoocggAooeABBlllsisltfefesaa((aaS2SccTT0aahho1gog,,8ioCiCnonaIlaAlAnssww)d)..H,u,HMMsootIrI)ni)naaaolonnDrrddeiesDDdtdriPPbwwAuAtiioItItnnhrhddauDuDnssdPtPtrrSiAiaAaull’’SpsSspuuEElppiepxpxrllcicioeeefrertloohlllfefeettnhnhYeecceeYaYereeA.Aaawrwr,, aarrdd the Year is Mahar TooBMlsya,MyS1a,rya20Rg1oi9unsaew, MI, The PennAuto division in China, MCIaNyC1I,N2N01A9TI, OH – DPA’s Industrial Excellence Award is presented to a person or company that demonstra of Danboro, PA, USA-based Penn- 2018 MMDDaaPPhhAAaaDrrDDaPTTiivroosseidoottsrrlleMiissbbnCeITdaeIdTtL((uuLexeSSodIxeo)N)dttt.stoaad.srorooaeCabeggloAlsAsrroriioyrcInnvlvlhNfrhfrookaiaadaidnanaNwwffiigTnsgTnsA,,ttaoaoeoeohhMMTrorofxfxyyeelIIIptlspt,sh))hsseeOYYiwuiwussrrpiHpeeiaeahehppsnaasono–oocnrrcfnfroreoDeototuduodroPrn.n.f”fc”cAddDDooZe’ZesnPnPadadssIAcAnciiiidnhdnhdaaeaeau11nnrrrrs9a9yadydt7b7brToTio7la7lee.vJ.vlaHeaBBiHesEsmnrnaraarraaxaddlmiiilceilnegglnl22liesiesisyesihhnn00lslgsadegttJad11,oo,rnurauopDo88pDnnscrswrwrvPeteP--teDDrrtBBiytmAyhmsAAhPPee,eeiwwCiwCeRessxAAxriaEcrittEtoctChshreseOSS//nOdhuulDlDlIIle.uupurreB.ipsPoonPpcnppprpcAnnlokcAlippieereeucceHmrll.mr.slliisoaaaoeeTseeTeflddfrrapmhnmhccriituoo((isundebsbLLttdffe,tyeootyiinCernttnnertsshhogagggha..reerrattBB’To’siTosseepoYYhohrraaeCeleeleseesccrcy,coy,saahhifipfnopaaa,,arrilnriseCCrseeeetntnyAAoeeatatrn))n&wwcevevoaaraarmsldslduurraApaAiivvbablleefflnlaeaettyooTDTDotoohoPPllssaooAA,,tllasasdppnnea(a(dMdMmrrttanoanooberbernttrrorrosaaanantssrnnaiGiGvvd Engineering®, has been rec- 2018 ognized as a 2018 Supplier of Jeff TishkoDa&vZidacMhaadrydHocakines (DPA) Jimmy Jarvis, RoPnreBsreonutesdsabryd, Chris Conley & the Year Award by Continental Jeff TishkoC&hZuacckhHaraylpHinaines (DPA) Presented by Presented by Brake Systems China. Continen- Jeff Tishko & Zachary Haines (DPA) tal is one of the world’s leading The DPA Buying Group is a North American buying and networkingJoerfgf aTnisihzkaotio&nZcaocmhapryrisHeadinoefso(DvePrA9) 00 distributors automotive tier one suppliers. and 232001pr8efDerPreAdDsuisptprliiebrustionrthoef ItnhdeusYtreiaalr, Janitorial, Safety, P2u0b1li8c DSaPfeAtyS, uPapcpklaiegrinogfatnhdeRYeesatorration product PennAuto has been a key strate- iTnhdeusDt2rPi0eAs1.B8uFMDyoaiPrnhmgAaoGrDrTreiosouintoprfloisbisrm(uSataaoNtgirooinnorathfwabt,AhMomeuI)etYDriecPaaAnr,bpuleyainsgeavnisditnwewtBwwro.iDrg2kh0Pint1Aog8Inno-DdrBguPeasAsntrtiizaS/al.Iutrcioopnnmpccliloaermdrcpoa(Lrlfilos(tne8hgd0eB0oYe)fa6oec5vah2er,-rC79A80)206d. istributors gic partner with the Chassis and and 230 preMfearrheadrDsTauvopiodpllMsiea(rSsdadingoincthakew,InMdIu) strial, Janitorial, SafeJBtimyr,imgPyhutbJolaincrv-SBisae,fsRetoy/n,IrPBoarnoccuklsaasgdainr(dgL,oaCnnghdrBiRseaeCcsohtno, lCreaAyti)o&n product industriesJ.effFToirshmkoDoraPP&evrreZeiindssafeecMonnhratmtaeedrddyadtbHboioyycankinaebso(DutPDA)PA, wJwimwm.DyPJAaIrnvdisu,sRtroCianhl.BucocrokmuHsoasrlapcriadnl,l C(8h0r0is) C6o5n2l-e7y82&6. please visit CPhreusceknHteadlpbiyn Jeff Tishko & Zachary Haines (DPA) Jeff Tishko P&reZsaecnhtaerdy bHyaines (DPA) Safety Systems division of Con- USA and DPA Industrial Supplier of the Jeff Tishko & Zachary Haines (DPA) tinental China since 2009, sup- plying a wide range of fasten- TaTYhnheedeaD2D3rPP0AAispBBreuBufyyeirirnnrigeggdGGhsrruootpuouppnliiess-rBasa iNNenoosthrrtttehhIIAAnnmmdtueeesrrtiircrciananln,aJbbtauuinyyoiitnnonggriaaalnln,/ddS#ann#feee#tttwwyo,orPrkkuiinnbgglicoorSrggaaafnenitizzyaa, ttPiiooannckccaoogmminppgrriissaeendddooRffeoosvvteeorrra99t00io00nddpiissrottrrdiibbuuuctttoorrss iaiIBnnnrdddeouusa2sntt3rrcici0eehsslp,.a.reCFdFfeooArrrrPmem,dUeoosrrreeSufpiionAnpffloro.ierrmAmrmslaaasinttiioonotnhn,ceaDaebIbnPooduuWAutts’DDtserPPiaaIAAln,,r,Jdpp,allueneLaiastossotreerinaivvalg,iisslSiitt#aww#fe#wwtyww,..PDDuPPbAAliIIcnndSduua2ssf0ettrr1tiiyaa8,ll..PcDcooaPmmcAkaooEgrrxiccncaagellllal((l8ne80dn000cR))ee66As55tw22o--ra77ar88tdio22n66..product 2018 DP(AMAoErltfoxancTGerololoevenl,scILe) Award ers and precision components Excellence Award has been presented globally. The company has won to Alfa Tools, Morton Grove, IL, USA. Receiving theAalwfaardTwoaoslsRoss Shepard. various awards each year since (Morton Grove, IL) 2013 for quality and technical ifAsalsfaatepTnroeeormldsireiwvr eassutopfoopluslienardnedTdRT6odihi5hdsesfe2tetsarr-citiDb7Diobbnuu8rPuPart2ttAoAaott61irorissB.nsB9nuiauagv7iynnyneii7ddndntusgog22s.a3G3oGtr00nirlreo#so#ppds#u#u,rr.##epepfFfeieissorrrrraajppeeamdNdrrNnieoosossriururfetettepohphidppnrrAAllfriioemaoemerrrRlmefsesd,erroiaiicsnicncetvsaiaiatvothnehinunnfeegerbbpatIuIhtu9nbnpeyyydod0ia,ilnunuuwip0gesgtsatrtDuarrdardiisanPawnbildaldA,s,lsiiJ,nJtncnRarapeeoinnltsstbewwisitttaaohuooSosrhfrrrteieikeeakaopiilnvltn,a,ryiigrgSssSdn,.iaotaodpafrwfregeguanwtatayyscdnw,n, itkPiPz.z2DrauaauiPt3abtbigiooAll0ilinc-nc,InScScdooaaummffseetppttryyrira,i,isslPP.eecadadoccmookkffaaoooggrvviinnece performance. DPA Buying Group is aR6N5e2so-t7or8rtah2t6ioA.nmindeursictriaesn. Forinmgoreainnfdormreatsiotnoarabotiuot DnPpAr,opldeauscetviisnitdwuwswt.rDiePsA.Industrial.com or c buying/networking organization com- www.DPAIn##d#ustrial.com www.pemnet.com ### Press-In Nuts Now Stocked by Ramco SFS shareholders approve approved a dividend of CHF 2.00 all proposals at the AGM per registered share. Ramco’s press-in nuts have Property Class On May 1, 2019, 971 sharehold- www.sfs.biz 10 strength, for ers attended the 26th Annual Gen- R. Joseph Stratman strong, load-bearing threads. eral Meeting (AGM) of SFS to retire form Nucor Now offered in stock at Ramco, Group AG. They represent- these nuts can be installed in a ed 79.74% of total voting rights. All Nucor Corporation, Charlotte, progressive or line die, eliminat- of the Board of Directors’ proposals NC, USA, has announced that Chief ing secondary assembly costs were approved by a large majority. Digital Officer and and providing simplified assem- SFS shareholders approved Executive Vice Presi- bly capability. the management report, financial dent, R. Joseph Stratman, plans to Press-In Nut advantages include statements and consolidated finan- retire on June 8, 2019, after more positional capability and excep- cial statements. All members of the than 29 years of service with Nucor. tional torque-out and push-out Board of Directors were re-elected performance. and the compensation for the Effective May 19, 2019, MaryEmily members of the Board of Directors Slate will be promoted to Executive www.ramconut.com and the Group Executive Board was Vice President and will assume approved. Members of both boards were released from liability for their activities during the past year. Jackie Ventura Likewise the independent proxy Sales Representative Bürki Bolt Rechtsanwälte in Heer- Phone: 330-467-0102 • Mobile: 216-338-8485 brugg, Switzerland as well as Fax: 330-467-0108 • Email: [email protected] [email protected] • www.heroslam.com the statutory auditor Pricewater- Web: www.JackieVentura.com houseCoopers AG in St. Gallen News & Notes: www.JackieVentura.Net were re-elected. Shareholders also Skype: Jackie.Ventura1 Twitter: @JackieVentura1 Page 2

BUSINESS & MARKET REPORT responsibilities for the Tubular Prod- be based on the volume-weighted May 13, 2019 ucts Group, logistics and certain average price of Arconic’s common joint ventures. stock during the term of the transac- Notebook tion, less a discount. The ASR agree- Ladd Hall will continue to serve ment is expected to be completed CBSA Investigation of as Executive Vice President of Sheet during the first half of 2019. Chinese Steel Fasteners Products, and Ray Napolitan will The Canada Border Services assume responsibility for Nucor’s After giving effect to the share Agency (CBSA) has begun a re- digital initiatives while continuing repurchase under the ASR agree- investigation to update normal his role as Executive Vice President ment, US$100 million remains avail- values/export prices, in accor- of Engineered Bar Products. able under the prior authorization dance with the Special Import by the Board for share repurchases Measures Act (SIMA), respecting www.nucor.com through the end of 2020. certain carbon steel fasteners originating in or exported from Growermetal ranked www.arconic.com the People’s Republic of China on “Champions 2019” survey and the Separate Customs Terri- MSC names Stanley Black tory of Taiwan, Penghu, Kinmen Italy-based Growermetal Srl & Decker Supplier of the Year and Matsu (Chinese Taipei), and has been ranked among the 500 the amounts of subsidy respect- best performing Italian small and MSC Industrial Supply Co., Mel- ing certain carbon steel fasteners mid-size companies (turnover from ville, NY, USA and Da- made in/exported from China. €20 to €120 million) between the vidson, NC, USA, has The product definition and the years 2011 and 2017, according to named Stanley Black & Decker its applicable tariff classification the “Champions 2019” survey con- “Supplier of the Year”. Stanley Black number of the goods subject ducted by the Italian newspaper & Decker, a diversified, global pro- to the Canadian International Corriere della Sera in collaboration vider of hand tools, power tools and Trade Tribunal’s (CITT) order are with the research center, ItalyPost. engineered fastening systems in contained in Appendix 1. New Britain, CT, USA, was selected The re-investigation is part of www.growermetal.com from over 3000 top companies the enforcement of the CITT’s that work in partnership with MSC order made January 5, 2015, in Arconic US$200 million to solve mission-critical challenges Expiry Review No. RR-2014-001, accelerated share repurchase for manufacturers. continuing, with amendments, its order made January 6, 2010, Arconic Inc., New York, NY, USA, MSC, a premier distributor of in Expiry Review No. RR-2009-001 has entered into an ac- Metalworking and Maintenance, continuing, with amendments, its celerated share repur- Repair and Operations (MRO) findings made January 7, 2005, chase (ASR) agreement supplies to industrial customers in Inquiry No. NQ-2004-005. throughout North America, intro- It is anticipated this re-investiga- with JPMorgan Chase Bank, Na- duced its annual Supplier of the tion will be concluded by Novem- tional Association, London Branch, Year awards program in 2017. ber 14, 2019. A re-investigation to repurchase US$200 million of Award selection is based on crite- schedule is available at: Arconic’s common stock, pursuant ria including a strategic approach to the share repurchase program to customer service, technology www.cbsa-asfc.gc.ca/sima- previously authorized by the Board innovation, new product introduc- lmsi/ri-re/menu-eng.html of Directors. Arconic received initial tions, breadth and quality of brand delivery of some 7.5 million shares portfolios, operational excellence, www.ndindustries.com on May 6, 2019. The final number sales training and engagement, of shares to be repurchased will and sales and marketing materials. [email protected] www.mscdirect.com www.nationalmachy.com Military-Fasteners Inc. is now AS9120 Rev. B certified Military-Fasteners, Inc. (Milfas), Ponte Vedra, FL, USA, a distribu- tor of aerospace and mil-spec hardware, has now received the Page 3

BUSINESS & MARKET REPORT May 13, 2019 PSM International Marks 88 Years with Anniversary Notebook Celebration at Flagship Facility in Wuxi, China Fastenal Announces PSM International, a global market According to PSM International CEO, Two-For-One Stock Split Fastenal Company, Winona, leader in the design and production Marco Suzuki, “As we are celebrating MN, USA, has announced that of engineered fasteners, has created the 88th anniversary of PSM, I really its Board of Direc- tors approved a some of the most popular fastener feel proud and blessed when I look two-for-one stock split of the company’s outstanding common designs for both metal and plastic back at the journey of these significant stock. Holders of the company’s applications. PSM customers include and remarkable years. Number 8 is a common stock of record at the close of business on May 2, 2019, OEMs and Tiers in the automotive, lucky number in China and in many will receive one additional share of common stock for every share high-tech, consumer electronics, Asia countries. PSM is ‘double lucky’ of common stock they own. The stock split takes effect at the close white goods and appliance, lawn and to have you, employees, customers of business on May 22, 2019. garden and other sectors. and suppliers in the journey with us.” investor.fastenal.com Founded in the British Midlands in MW Industries Acquires Sussex Wire 1931, PSM International has long MW Industries, Rosemont, IL, ventured overseas with operations USA, has announced the recent acquisition globally. The Asia Pacific area is of Sussex Wire Incorporated. MW Industries is a leading particularly strong, with establish- provider of highly engineered springs, specialty fasteners, ment of teams throughout the region, bellows, machined parts and other precision components to complemented by the flagship facility over 25,000 customers located in 35-plus countries. in Wuxi, China. All of PSM’s expan- By joining the 22 brands in the MW Industries family of compa- sion initiatives have enabled it to PSM partners from Europe, North nies, Sussex Wire Incorporated will be able to offer its custom- properly support its global customers America, Australia and throughout ers a broader market basket of products and services, both now with R&D, production, supply chain Asia Pacific were in attendance. and into the future. and technical support. www.psminternational.com www.mw-ind.com AS9120 Rev B certification from the Robert T. Johnson Society of Automotive Engineers 1940 – 2019 (SAE). This certification is also known as. “Quality Management Systems- Robert T. Johnson, beloved husband Requirements for Aviation, Space of Kathryn Lucette (nee Wolfe); loving and Defense Distributors.” father of Mark, Christopher (Julie), Kenneth and Michelle; grandfather www.military-fasteners.com of Jacob and Benjamin; Rockford Fastener celebrates brother of Deacon Joseph 42 years; Names Brian Stark (deceased) (Joan), Margue- VP Sales & Marketing rite Werwage (Warren) (both deceased), David (Carol), Rockford Fastener, Inc., Rockford, Ann Marie Love (Bill) and Rosemary IL, USA, is celebrating 42 Years of Johnson; uncle and friend of many, passed away on April 6, 2019. Robert, serving the dis- who was a 1958 graduate of St. Igna- tribution mar- tius High School and a 1962 graduate ket. In April of 1977, a small group of Dayton University, retired after 45 of highly-skilled and motivated in- years as Vice-President of Sales for dividuals started Rockford Fastener, Lake Erie Screw, President of the North Inc., to provide fastener buyers an Coast Fastener Association, a 23 year efficient, prompt and responsible member of Weymouth Country Club source. Today, current President, and an avid golfer and loyal Cleveland Nic Orman, carries on the pride and sports fan. Mass of Christian Burial will compassion for excellence his fa- ther instituted, with the same focus. be held at a later date. In addition, Brian Stark has been promoted to Vice President of Sales and Marketing, providing 28 years of manufacturing experience to the position, which will allow the management group to focus on Page 4

BUSINESS & MARKET REPORT staying relevant in today’s market. Grainger increases quarterly May 13, 2019 Along with Nathan Mayer, being dividend 6% & authorizes promoted to Sales Engineering, his repurchase of additional shares Notebook zest to learn continues to set an example for the rest of our company W.W. Grainger, Inc., Chicago, IL, EFC International as we look to our future. USA, has announced today that its Redesigns Website EFC International, St. Louis, www.RockfordFastener.com Board of Directors MO, USA, a leading supplier of approved a quarterly engineered fasteners, continues Bossard boosts expertise cash dividend of US$1.44 per share, to enhance its on-line presence in 3D printing; Restructures an increase of 6% from the dividend with the launch of the company’s its Brand Page paid in March 2019. The dividend is newly redesigned website. payable on June 1, 2019, to share- The redesigned EFC website The Bossard Group continues holders of record on May 13, 2019. showcases a fresh look and to expand its expertise in addi- Grainger has delivered 48 consecu- improved functionality with an tive years of increased dividends. easy-to-navigate design. The tive manufacturing In addition, the Board authorized website serves as a platform with a 30% share of the repurchase of up to 5 million for EFC’s mission of Redefining Ecoparts AG in Hinwil, Switzerland. shares of the company’s outstand- The World Of Distribution. The Ecoparts has many years of experi- ing common stock, replacing the website highlights the EFC Dif- ence in 3D printing services for the company’s existing repurchase ference—a unique customized metal segment of this innovative program. The new repurchase combination of Connections, Ex- technology and is the leading com- program has no time limit. Since pert People, Engineering, Quality, pany in this sector in Switzerland. 2014, Grainger has reduced the Local Support/Global Presence Bossard’s stake in Ecoparts AG is number of shares outstanding by and Logistics. of strategic importance, intended more than 15% and has returned The redesigned EFC website to help Bossard secure a leading approximately US$5.4 billion to also providesFOR IMMEDIATE RELEASE quick and easy position in the future market of ad- shareholders in the form of share access to the Encyclopedia ofEFC International Announces Redesigned Website ditive manufacturing. The Bossard repurchases and dividends. As of Group’s investment in this sector March 31, 2019, the company had ST. LOUIS, MISSOURI – April 25, 2019 - EFC International, a leading supplier of engineered broadens its expertise and enables approximately 55 million shares of helping customers in the early plan- common stock outstanding. Engineered Products, a com-fasteners, continues to enhance their on-line presence with the launch of their newly redesigned ning phase of new projects. “We are committed to return- Also, Bossard’s Brand Page has ing value to shareholders through website. been redesigned with a new look consistent increases in the dividend clustered into brand categories and share repurchases while con- prehensive on-line engineeringThe website showcases a fresh look and improved functionality with an easy to navigate design. for easier use. One of Bossard's tinuing to invest in the business strengths is the worldwide avail- and maintaining a healthy balance Serving as a platform for EFC’s mission to Redefining The World Of Distribution, the website ability of numerous well-known sheet,” said Grainger Chairman product brands. An alphabetically and CEO, DG Macpherson. guide for specialty fastenershighlights the EFC Difference -- a unique customized combination of Connections, Expert People, sorted list was no longer able to do W.W. Grainger, Inc., with 2018 justice to this claim due to the large sales of some US$11.2 billion, is Engineering, Quality, Local Support l Global Presence and Logistics. The website also provides number of branded products. The North America’s leading broad line quick and easy access to the Encyclopedia of Engineered Products, a comprehensive on-line brand page is now logically divided supplier of maintenance, repair and into these brand categories: Ac- operating products (MRO). used throughout the world.engineering guide for specialty fasteners used throughout the world. cess, locking and control solutions; pressroom.grainger.com Electrical products; Rivet technology; EFC supplies specialty engi-EFC International is a leading global supplier of specialty engineered metal, plastic, cold-formed, Threaded inserts; Coatings and Bob Dickinson of n e e r e d m e t a l , p l a s t i c , c o l d -spring steel stampings, electrical and assembled component parts to the OEM and Distribution sealants for fasteners; Self-clinching Ford Fasteners retires and piercing fasteners; Anti-loosen- market places serviced from locations in North American, Europe and Asia. ing fasteners; Hydraulics and pneu- Ford Fasteners’ Sales matics; Quick fasteners, cage nuts Manager, Bob Dickinson, formed and spring steel stamp-For more information contact: and clips; Multifunctional screws; who has been with the Welding; and Others. company for 42 years, Joyce Gerber www.bossard.com has retired. Ford Fasteners says ings as well as electrical and as-P: 314-439-4374 [email protected] www.efc-intl.com sembled compon###ent parts to the OEM and distribution markets.314.434.2888 314.434.2902 EFC-INTL.COM 1940 CRAIGSHIRE RD, ST. LOUIS, MO 63146 USA www.efc-intl.com Page 5

BUSINESS & MARKET REPORT May 13, 2019 New Strategic Allies Join Fastener Fair Mexico Notebook Supported by top industrial organiza- electrical, electronics and aerospace are Kyocera to Acquire tions in Mexico, Fastener Fair Mexico some of the industries driving growth in SouthernCarlson Kyocera Corp. will acquire 100% 2019, June 19 to 20, 2019, will return to the region. We are looking forward to ownership of SouthernCarlson, Inc., a distributor of tools, fas- Mexico City for its fifth edition. Six having more organizations col- teners, packaging and facility supplies, in Omaha, NB, USA. leading associations have agreed laborating as partners, to help us SouthernCarlson will operate as a USA-based subsidiary of to support the event through bring more companies throughout Kyocera Corporation. promotional actions among their Mexico to the show.” SouthernCarlson has over 150 branches across North America. associates and training opportuni- The show will bring together a global.kyocera.com ties for industry professionals. wide range of international suppliers and Agrati CVB Expands “The National Chamber of the Trans- end users. Fastener Fair Mexico will con- Without Stopping Production Agrati CVB has expanded its formation Industry-CANACINTRA, firm the importance of the fastening and plant by almost 6000 m2, and to stay abreast of market demands, the Regional Chamber of the Trans- fixing technology for the industries and it was necessary to not stop production. This was achieved formation Industry of the State of manufacturers in Mexico. The show will thanks to effective programming, Jalisco-CAREINTRA, the Automotive feature a conference program focused dividing the construction into phases and the flexibility of sup- Cluster of the State of Mexico, The on innovation and technology in the fas- pliers and teams overseeing the work, which allowed the holiday National Council of the Maquiladora tening industry including speakers from period to be used to finish the most critical areas. and Manufacturing for Exportation Index, INA and the Automotive Cluster of www.agrati.com Industry–INDEX, the Mexican Federa- the State of Mexico. www.fastenercoalition.org tion of the Aerospace Industry-FEMIA Registration for Fastener Fair Mexico and the National Industry of Auto 2019 is available at the website below. parts-INA are the strategic allies with Advance registration for the show is $100 which we are pleased to collaborate this pesos per person and on-site registration year,” said Melissa Magestro, Executive is $200 pesos per person. Registration VP of Mack Brooks Exhibitions Inc., includes access to the show floor, the organizer of the Fastener Fair events conference and the welcome party. in the world. “Automotive, construction, www.fastenerfair.com/mexico that it wishes Bob well in his new (Bain Capital Portfolio Co.), Metro- chapter of life and thanks him for all logic (Francisco Partners Portfolio his years of service for outstanding Co. acquired by Honeywell) and sales and commitment for more Divisional HR and Employee Rela- than four decades. tions roles for GMAC. Ford’s new Sales Manager, Frank www.dormanproducts.com Palatucci, has shadowed Dickinson for the past five years and has Wynnchurch’s distribution learned the true quality of sales and platform rebrands as Midland outstanding customer service that Industries with new website Ford Fasteners offers its customers. Wynnchurch Capital, LLC, Rose- www.fordfasteners.com mont, IL, USA, has rebranded its in- Dorman hires new dustrial distribution platform as SVP of Human Resources Midland Industries. The platform consists of Anderson Metals, Mid- As Dorman, Colmar, PA, USA, land Metal Mfg., Buchanan Rubber, continues to grow in the automo- and Mid-America Fittings. Midland tive aftermarket, it is Industries is a leading North Ameri- also growing its team of talented professionals. Dorman June 3 to 5, 2019 • Rosemont, IL, USA recently hired Scott Leff as Sr. VP and Chief Human Resources Officer. “The Fastener Show produced by the Fastener Industry for the Fastener Industry” Leff has over 20 years of ex- perience across many industries. Co-organized by: Prior to joining Dorman, he held various Global Divisional Human Producing Fastener Shows in Reporting Fastener News & Resources roles at Hewlett-Packard the Heart of the Industry for Technology for over 40 years and Hewlett-Packard Enterprises (HPE). He also held Chief Human over 30 years Resources Officer roles for D&M www.mwfa.net • www.fastenertech.com/fastenertech.asp Page 6

Fastener Distributor Index – April 2019 BUSINESS & MARKET REPORTWritten by R.W. Baird analyst David J. Manthey, CFA 5/6/19 May 13, 2019 Fastener Distributor Index (FDI) Climbs to 55.8 in April –reNcentoly tebook The FDI rebounded during April 2019, with a soon: www.fullythreaded.com reading of 55.8 after a slightly lower 53.0 in Thank you for your participation in the FDI. Cooper & Turner Contracts MaKTrheceyhTsea, kaseseoanwaaasllyyo:-nadajullsyteaddFajustsenteerdD. iTstrhibeutForoIrnwdeaxr(dFD- I) foYr oApurrilcwoams 5m5.8e,natcscealenradtinqguvess. atiostnabsleaMrearwcherlecaodminge. : LoSoakleisntgreInndds iwcearteobre(ttFeLr, Ia)nad ltshoe saecascoenlaellrya-atdejudstiend sale+s1in8de7x7re3ve3r2sed78th3e6pattern of deceleration seen over Cooper & Turner headquartered Aptrhiel, praestutrwnoinmgonttohse. xRepsapnonsdieonntacorymmteernrtiatoryryre,maatined hesitant, although both the six-month outlook and the in the UK will be supplying the anchor studs 52F.1orwvaerrds-LuosoktinhgeInMdiacartcorh(FrLeI)ssualwt onifce4i6m.p9r.ovements m/m. The FLI rewturwnewd .tfodeixspuanrsvioenya.rcy olemvels for the first and hardware Listitmene intothareneamlyonstihss.oOfvtehraell,ArepsurilltsFwDerIeomnorFe uenlclyouraging iwn Awprwil .tfhaansrteecnenetrtsrecnldes.aringhouse.com ThFraestaedneerdDisRtraibduitoioneTpreisndosd: eAp1ril4200,19coming www.nfda-fastener.org to the Jumbo Hill wind farm in Texas, USA. The Jumbo Hill wind farm project will use 57 GE Renewable Energy turbines, each having 127 m rotors and a capacity of more than 2 MW. Additionally, the company will be supplying anchor cage hard- ware to the Glaciers Edge wind farm located in Iowa, USA. Cooper & Turner has also com- pleted the supply of components to the Cross Winds Energy Park II Source: Baird, FCH Sourcing Network, Institute for Supply Management in Michigan, USA. About the Fastener Distributor Index (FDI). The FDI is a monthly survey of North American fastener distributors, www.cooperandturner.co.uk conducted with the FCH Sourcing Network, the National Fastener Distributors Association, and Baird. It offers Semblex Fastener Sales & Net Income Tableinsights into current fastener industry trends/outlooks. Similarly, the Forward-Looking Indicator (FLI) is based on a Cowdmiereipgchtaitonendyalapveerraspgeectoivf efoounr fufotruwrearedx-ploeocktaintigoninspfuoStrsafaflsreotemsnetrhme aFrDk%eI ts∆cuornvedyit.ioTnhsi.s Ains dNdiicefafuttosIironnics ionddmeesxiegense, dvatluo%esp∆raobvoidvee for Light Metal Alloys Ani5x0te.0r sIingtnearlnsatrteionngtahl, Iwnhci.le readings below 50.0 sign2a1l0w9eakness. Ov7er time, results should b3e9directly rele2v2ant to The newly introduced FastFlow™ ArcFoansticenIanlc(.FAST) and broadly relevant to other ind3u5s4tr1ial distribu1t.o9rs such as W.W. Grai1n8ge7r (GWW) a-1n4d MSC FDS® from Semblex Corp., Elm- hurst IL, USA, has solved the BufIanbduGstrroiaul p(MSM). *1091 15 *84 12 Bulten *853 -5.1 *44 -8.3 Dorman Products, Inc. 244 7.3 23 -23 Spotlight on NIFS/WEST ExhibitorsFastenal Company 1309 10 194 11 cycle time challenge. 2799 1 The multi-helix thread Grainger 3552 5259..73.cont-8i.n94 ued Illinois Tool Works Inc. -5.1 Lawson Products, Inc. 91 8.2 6 74 design has reduced MSC Industrial Supply Co. 823 7.6 68 -42 the thread forming and Simpson Manufacturing Co., Inc. 259 5.9 23 -11 Stanley Black & Decker 3334 3.9 170 -01.14Visit Fastteignhetrening stages by 2W21rentha1m.9 Tool Products21 TriMas CorpoVraotilotnIndustrial WESCO InternaPtlioansatli,cInscI. nc. -2 Technoloovgeyr 65%. When this 1961 -1B.6ooth 342 42 Latest Quarterly SalesBaonodtNhet7I5nc1ome (Loss) numbers are sWhorewnnthinamUST$omolilPlioronds.u%ct∆s hrealsatbiveeentop2r0o-18 quarterly data. Internatioisncaol upled with an aggressive* millionVsoolftSEIKnd(SuwsetdrisiahlKProlnaasst)ics’ subsid- ducing Cold Heading Tools and Gauging can distributor and manufactureriary JV Tool, can design andfor the fastener industry for over 50 years. in Boothp3r3o0g,ramming strategy and the We produce both special and standard new books oFansstSataler:t™ finding feature the produce unique plastic fasteners tooling used to make fasteners, ranging head, cycle times of 0.4 on 0.6 of valvayenodus,innefijeetdctit.nioOgnusmr,coahltdaoelodsgepcsaor,tnsctatohinuastplingsfsrcormewssimQanpdule nbaoailrltsst.teoWhreiglmhytaeiDcnhtaiAivneriaodslpaeragcnee ds Report... to and reoulartceudrrepnrtopdaurtcs tosr. visit our inventor•y oIflltionoloinigs, sTtroatoegl icWalloy lrokcasteIdnc., Glenview, IL, seconds can be achieved. FDS is twthhoeerrlmedpwousUsittdatSoetdi.oAecWnpk,efrdoenornedfttahchbUealalmheSrig$edish1edep.li0srvato0equrQu/ydas2ltphiotedyahraifarvonveirded-, epnadyaobnlecoomnmJuolny a registered trademark of EJOT materials page for a list of the mance in10th,e2in0d1u9st,ryto. Wsehaarerleichenoselddetors of record, June Verbindungstechnik GmbH.BUYERS’Presentedby: polymers, co-polymers, and res- manufa2ct8ur,e2T0O1R9Q.-iSnEvTe®,sAtCoRr.®itrwib.bceodm GUIDE www.semblex.com wwinws .wme iudsleatnodminanduufasctturireeso.ucrom TORQ-SET®,PHILLIPS SQUARE-DRIV®, pwrewciswio.nwpylansnticcfhasuterncehr.sc. om ACR® ri•bbPedaPrHkIOLLhIPioS®,, ACCleRv®erilbabnedd, OH, USA, has PHILLIPdSeIIc®l,aMrOeRdTOaRQq®u, aHrEtXeLrOlyBEc, ash dividend of TORX® UanSd$Q0U.1A2D5REpXe® rprsodhuacrtse. on csohmarmehoonldsetroscokIMf,daennut2if0fai0cc7atutiroenr payable May 29, 2019, to record on May 15, 2019. www.pkoh.com Symbols INTERNATIONAL GUIDE Volt Industrial Plastics, Inc. • Stanley Black & Decker, New Brit- Don't Miss On-Demand Fastener Talk Radio! FTR is talk radio for the fastener industry, featuring 700 Hwy.w2w02wW.vo•lYtpelllavsiltleic,sA.cRo7m2687, USA wwawi.nw, reCnTt,hUamSAto,olh.caosmannounced a Q2 guests, commentary and conversation designed to Contact: Heidi Volltrauer, COO cash dividend of US$0.66 per com- inform and entertain fastener professionals. Available Toll-Free: +1 800 844 8024 mon share, payable June 18, 2019 to any time in streaming or download formats. Tune in Toll-Free Fax: +1 877 453 8707 today! Log on to listen to Fully Threaded Radio: shareholders of record on June 4, 2019. Web Site: www.voltplastics.com ir.stanleyblackanddecker.com www.fullythreaded.com E-Mail: [email protected] Page 7

EVENTS & OPPORTUNITIES IFME at Interwire Floor Plan materials, production machinery, May 13, 2019 Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp • FREE FTI BUYERS’ GUIDE for all paid subscribers The International Fastener Manu- tooling, components, inspection and packaging systems, software, EVENTS facturing Exposition (IFME), May 14 to accessories, manufacturing sup- 16, 2019, at the Georgia port services and more. IFME is not May 14 – 16, 2019 World Congress Center intended for distributors, re-sellers IFME 2019 (with Interwire) in Atlanta, GA, USA, and end users as exhibitors. co-located with Inter- www.ifme-fastener-mfg-expo.com Atlanta, GA, USA wire 2019, is the only industry show www.ifme-fastener-mfg-expo.com with a dedicated, exclu- and interpreting simulation results. sive focus on the manu- The workshop event is a col- May 22 – 23, 2019 facture of the full-range Fastener Fair USA 2019 of fasteners and precision laboration between Marquette Detroit, MI, USA formed parts. IFME is an University and Scientific Forming www.fastenerfair.com/usa information forum and Technologies Corp. (SFTC). marketplace for fastener June 3 – 5, 2019 and precision formed An optional DEFORM® Die Stress FASTENER TECH™ ’19 parts manufacturers from Training course will follow the Die Rosemont, IL, USA every industry group and Stress Analysis Workshop on Au- www.fastenertech.com • www.mwfa.net for every application. It is gust 22, 2019. a manufacturing show for June 10 – 11, 2019 manufacturers featuring www.deform.com NFDA Annual Meeting Cincinnati, OH, USA Registration Now www.nfda-fastener.org Open for IFE 2019 June 19 – 20, 2019 Registration is now open at Fastener Fair Mexico 2019 the website listed Mexico City, Mexico below for the In- www.fastenerfair.com/mexico ternational Fastener Expo (IFE) 2019, the largest, most established June 26 – 28, 2019 business-to-business trade show Fastener Expo Shanghai 2019 of every type of fastener, machin- Shanghai, China ery, tooling and industrial-related www.chinafastener.com products in North America. August 20 – 21, 2019 IFE 2019 will take place Septem- Die Stress Analysis Workshop ber 17 to 19 at the Mandalay Bay Columbus, OH, USA Convention Center, Bayside D & E, www.deform.com in Las Vegas, NV, USA. August 22, 2019 www.fastenershows.com DEFORM® Die Stress Training Course Columbus, OH, USA SFTC 2019 Die Stress www.deform.com Analysis Workshop September 17 – 19, 2019 The 23rd annual Die Stress Analy- International Fastener Expo - IFE 2019 sis Workshop takes place in Colum- Las Vegas, NV, USA bus, OH, USA, from August 20 to www.fastenershows.com 21, 2019. This technical workshop event teaches how to “connect the October 23 – 25, 2019 dots” between the science of tool- Fastener Trade Show Suzhou 2019 ing failure and practical produc- Jiangsu Province, China tion issues. The Die Stress Analysis www.fastenertradeshow.net Workshop covers the fundamentals of stress analysis, die failure modes March 30, 2020 – April 3, 2020 wire 2020, Düsseldorf, Germany www.wire-tradefair.com September 28 – 30, 2020 International Fastener Expo - IFE 2020 Las Vegas, NV, USA www.fastenershows.com Delivering the World of Fasteners to Manufacturers • Distributors • End Users April/May 2019 JJUUNNEE//JJUULLYY 22001199 Fastener June/July 2019 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss AAPPRRIILL//MMAAYY 22001199 Fastener SURFACE TREATMENT..P. 52-58 APRIL/MAY 2019 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss JUNE/JULY 2019 Sorting & Inspecting...70 IFME & Fastener Fair USA Previews...60, 76 & 112 WWW.FASTENERTECH.COM Focus WWW.FASTENERTECH.COM Focus Focused News, Information and Products for Presented by... Focused News, Information and Products for Presented by... Fastener Distributors, Importers, Manufacturer’s www.fastenertech.com Fastener Distributors, Importers, Manufacturer’s www.fastenertech.com Representatives, OEMs and End Users. Representatives, OEMs and End Users. FASTENER TECHNOLOGY INTERNATIONAL TAPPING...P. 52-54 “Problem-Solver In this issue... FASTENER TECHNOLOGY INTERNATIONAL In this issue... Alloy”...56 SECONDARY OPERATIONS...88 FF News & Info FF News & Info Threaded Rod...82-85 Retaining Rings P. 99 P. 93 ...122-123 The Traveling Salesman The Traveling Salesman Spends 10 Minutes with... Washers...134 Spends 10 Minutes with... Brian Musker, Fastener June/July 2019 Rick Rudolph, Rick Rudolph FCH Sourcing Network & Associates LLC Fastener April/May 2019 Fully Threaded Radio Which Austenitic Stainless Focus How to Calculate the Focus Steel is Best for Dynamic Estimated Fatigue Life Continuous improvements are at the heart of the Nord-Lock Group which now promise at leFaaFsostectnues1er,dD0Ni0ste0rwibshu, tIoonrufso,rrImsmarpteioorsnteisarsnt,daMPnarcnouedfuaiccnttsuSfroearr’lst Presented by... Loading? Focused News, Information and Products for Presented by... of a Disc Spring www.fastenertech.com Fastener Distributors, Importers, Manufacturer’s www.fastenertech.com Spray Testing for all Nord-Lock steel washers. Representatives, OEMs and End Users. FASTENER TECH™ ‘19 Exhibits FASTENER TECH™ ‘19 Representatives, OEMs and End Users. Culture as a Competitive Fastener Fair USA 2019 Advantage In this issue... Preview...Continued Nord-Lock steel washers promise highest salt spray resInisthtisainsscuee... on the market FF News & Info Five Decades of Fastener FF News & Info New Generation of THREAD ROLLING...90 Distribution Innovation, Thread Forming Screws Corrosion is a growing concern across industries and the requiremTheenTtrasvealrineg Sinalcersemaansing in Growth and Customer Service The Traveling Salesman for Light Alloy environments where accelerating factors such as humidity, heat aRSnpicedknRdausdi1ro0lppMhoin, RlulitucekstRiwouidtnho.l.a.phre Spends 10 Minutes with... Next Generation of Wooden Brian Musker, Reliable Testing for combined. The Neutral Salt Spray Test (NSST according to ISO 922A7ss)ocisiatoens LeLCof the most Nail Firing System FCH Sourcing Network & Threaded Connections, established methods to verify corrosion resistance. Nord-Lock GroWSuthepeiclhhisAaBuesssteotnffoiftriicDcySinataalimlnyliecrssaised the Fully Threaded Radio Fasteners & Joints Washers Roundup EXHIBITS, SEMINARS &corrosion resistance on all steel wedge-locking washers and promLoisaedisnga?t least 1,000 hours in How to Calculate the Retaining Rings Roundup salt spray test, ensuring optimum performance over time, even inFAtShTeENEmR ToEsCtH™ex‘19trEexhmibiets Tracking Your Fasteners: Estimated Fatigue Life Vol. XLII, No. 3 NETWORKING...environments. Culture as a Competitive Are You Going Off the Grid? Vol. XLII, No. 2 of a Disc Spring FF Products Advantage FF Products FASTENER TECH™ ‘19 Corrosion occurs when metals come into contact with humid air oDFiivrsetrwDibeauctatiodenersI.noCnfoFovaarsttrieoonnse,rion will PAGES 62-67 & 116-124eventually weaken steel parts and can potentially affect their funGcrotiwothna,nfdoCrucsitonmgeroSperevricaetors to Fastener Fair USA 2019 increase repairs which decreases productivity. It can affect structNuerxat Gleinnetraetgiorniotyf Waonoddentherefore Preview...Continued Nail Firing System cause accidents. “Extreme environments demand more,” says AnWdarsehewrsRRoaudndnuopr, Sales New Generation of Manager at Nord-Lock Group. “Corrosion will occur sooner or latTerracakinngdYocuarnFajseteonepras:rdize the Thread Forming Screws Register with form on pagew6ho6le oaprplicoatnionli, nnoet juasttthe bolted joint.” for Light Alloy www.mwfa.net or www.fastenertech.com Are You Going Off the Grid? FF Products Reliable Testing for Threaded Connections, Fasteners & Joints Retaining Rings Roundup FF Products FTI_SPIROL_FastenerFocus_cover_o_June_2019_all_products.indd 1 4/30/19 8:20 AM FTI_SPIROL_FastenerFocus_cover_o_June_2019_all_products.indd 1 4/30/19 8:20 AM [Caption] Nord-Lock Original Washers and X-Series washers with standard and enlarged (SP) outer diameter and Steel Construction (SC) Washers. All steel washers withstand at least 1,000 hours in salt spray test. Visit www.fastenertech.com to start or renew your free subscription Page 8