Fastener News Report January 13 2020 Issue Flipbook Edition

January 13, 2020 Volume 6, Issue 1 INSIDE THIS ISSUE WESCO Submits New Anixter Proposal...........2 Buckeye Fasteners Company App...................2 Incoming NCFA Board Members for 2020..... 2 Shimtech Industries Acquires Fastener Technology Corp. (FTC) Novaria Group Acquires Long-Lok After Shimtech Industries announces the acquisition of Fastener Technology KKR Acquisition Announcement...................3 Corp. (FTC), a North Hollywood, CA, USA-based supplier of high-strength WIFI Officers and Board Members for 2020...4 Bulten to Acquire PSM International................4 specialty fasteners for commercial and military aerospace applications. Intercorp Releases New Product Catalog.......4 FTC was founded by Bulent Gulistan MAFDA Christmas Gala Report........................5 in 1979 and has built a strong reputation All-Pro Fasteners Develops White Paper......... 5 as an innovative and reliable supplier Marc Strandquist to Optimas President of serving more than 400 customers. Some Americas......................................................... 6 customer relationships span multiple Crossroad Distributor Website Updated.........6 decades including those with Lockheed Martin, Click Bond, Northrop Grumman, MWFA 2020 Officers, Board Members & Scholarship Winners.................6 Brighton-Best Acquires CleanFit....................... 7 Boeing, Raytheon and Wesco. The exist- SFS Acquires mbe.............................................. 7 ing management team, led by President Dennis Suedkamp, will continue Conference Calls & Dividend Reports............. 7 to operate and grow the business, now aided by Shimtech’s additional Fastener Fair Turkey 2020.................................8 Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp SPIROL Receives Awards...................................8 group resources. Shimtech is owned by Inflexion Private Equity and Auctus Industries. With headquarters in Santa Clarita, CA, USA, its aerospace divisions include Presented by: four manufacturing facilities in the USA, three in Europe and one in Mexico. The firm’s C-Class Components Division specializes in the manufacture of & high-volume metallic and composite detailed components that are comple- mentary with FTC’s fastener products. Initial Publications, Inc. Suedkamp commented, “FTC is well-placed to capitalize on the signifi- 1741 Akron Peninsula Rd, Akron, OH 44313 USA cant growth opportunities that lie ahead. We are delighted to be partnering with Shimtech at this next stage of our development and look forward to Tl: +1 330 864 2122 • Fx: +1 330 864 5298 providing innovative products with enhanced manufacturing capacity, while www.fastenertech.com still supporting the development of our employees and the success of our customers.” www.shimtechgroup.com Chip Lippincott Publisher Mike McNulty VP & Editor Jim Masar Senior Editor PennEngineering® Announces Acquisition of Eurotec Ltd. Tom Hutchinson Global Sales Manager Sally Goss Sales Representative PennEngineering®, Danboro, PA, USA, recently announced that it has acquired Eurotec Ltd., a specialty technical reseller of metal fabrication equipment, fastener installation sys- tems and clinch and sheet metal fasteners. Eurotec is based in Tokyo, Japan. The acquisition will provide the Japanese market with permanent access to PennEngineering’s PEM® and PROFIL® fasteners and installation equipment. Eurotec will maintain operations in Japan and join the existing brands under the PennEngineering corporate umbrella. “PennEngineering’s acquisition of Eurotec reflects our steadfast commitment to strategic expansion in Japan,” said Leonard Kiely, CEO of Penn-Engineering. “We look forward to partnering [email protected] with Eurotec and investing in additional resources dedicated to introduce www.nationalmachy.com our unique technologies to consumer and automotive electronics as well as the automotive OEM market.” Since 1942, PennEngineering has had a reputation as the global leader in the fastening industry. The firm’s leading brand, PEM and microPEM fasteners, are considered the premier product in the thin sheet fastening industry. www.pemnet.com Page 1

BUSINESS & MARKET REPORT January 13, 2020 Buckeye Fasteners Company App Now Notebook Available in Apple & Google Play Stores The Fastener People®, Ohio Nut & WESCO Submits Improved Bolt Co., Buckeye Fasteners Co., with advanced CNC equipment, new Proposal to Acquire Anixter Brainard Rivet Co., Joseph Indus- hammer and punch blocks, can now WESCO International, Inc., Pitts- tries Inc. and Plan-E-Tech Tool be quickly and easily accessed in five & Die are 100% Employee Owned custom job shop facilities—all located burgh, PA, USA, recently Companies located in northeast Ohio in Ohio, USA. submitted a revised pro- that can now be found on popular App The companies have everything posal to the Board of Directors of Stores. The group has announced an needed to make the perfect custom Anixter International to acquire application that its members consider component and provide support from Anixter for US$97.00 per share in to be as useful as its products. initial concept to completed assembly. cash and stock. This proposal im- The parent company of these firms, To gain instant access, download the proves upon WESCO’s December Fastener Industries Inc., is headquar- Buckeye App today. 26, 2019 proposal, while retain- tered in Berea, OH, USA. You can download the APPLE version ing all prior proposal features. This dynamic fastener industry group by clicking the apple to download. wesco.investorroom.com has over 325 years combined experi- ence in the manufacture of metal www.buckeyefasteners.com Incoming NCFA Board products in the United States. www.fastenerind.com Members for 2020 Customers can now search for The North Coast Fastener As- sociation (NCFA), Concord, OH, Buckeye Fasteners Company or USA, welcomes the in- any of Fastener Industries’ com- coming NCFA Board pany names in the Apple or Google Members for 2020: Play store, and can be provided President: Dave Audia with instant and direct access to the G.L. Huyett five Ohio manufacturing facilities. Vice President: Marty Nolan R.L. English Co. Cold-forming, stamping, welding, Rec. Secretary: Gary Graham rolling, drill and tap, CNC, plating, Natl. Threaded Fast. side and top locks, remanufactur- Treasurer: Ken Graham ing off-highway equipment, tool National Threaded Fasteners and die manufacturing and re-work Trustees: Kim Arnold, Brighton Best MSC Industrial Supply Winsupply promotes Frank Devito, Solution Ind. announces resignation of CFO Eddie Gibbs & Amy Souders Krista Osborne, Brighton Best Mike Robinson, Vertex Dist. Distributor of MRO products and Winsupply Inc., Dayton, OH, Kurt Triptow, Endries services, MSC Industrial Supply USA, has promoted Eddie Gibbs Laura Vath, Solution Industries Co., Melville, NY, USA to Sr. VP of Vendor Jackie Ventura, Ventura Ind. and Davidson, NC, USA, Relations and Amy has announced that Rustom Jilla, Souders to VP of Vendor Relations. www.ncfaonline.com Executive Vice President and Chief Vendor Relations is the main liai- Financial Officer (CFO), has decided son between Winsupply and its Jackie Ventura to step down from his position with preferred and large vendors, and Sales Representative MSC effective January 17, 2020, negotiates all aspects of vendor to become CFO of a public global agreements including access to Phone: 330-467-0102 • Mobile: 216-338-8485 manufacturing company. product lines. Fax: 330-467-0108 • Email: [email protected] Greg Clark, VP of Finance and Gibbs began his career in 1971 Web: www.JackieVentura.com Corporate Controller, will assume News & Notes: www.JackieVentura.Net the position of Interim CFO follow- ing Jilla’s departure and will report Skype: Jackie.Ventura1 to Erik Gershwind, President and Twitter: @JackieVentura1 Chief Executive Officer. Clark has held various finance positions with the company since 2003. MSC will conduct a comprehensive external search to identify a permanent CFO. www.mscdirect.com Page 2

BUSINESS & MARKET REPORT with Hughes Supply and later joined nizes Copa’s quality system for the January 13, 2020 Noland Company in 2003. Winsup- manufacture and assembly of pre- ply acquired Noland in 2005. He Notebook celebrates 39 years in the industry. cision machined products, in man- Novaria Group Acquires Souders began her career at agement, process control and Long-Lok After KKR Noland Company in 2001 in the service, purchasing and design of Acquisition Announcement management trainee program. She manufacturing processes. Fort Worth, TX, USA-based No- became a showroom consultant Copa Tool makes products with varia Group announced the before moving to Noland HQ as a “mission critical precision” to meet acquisition of Long-Lok, LLC, a corporate showroom trainer and the high-quality needs of aero- premier manufacturer of self- then showroom manager in 2006. space and defense companies. locking and self- She relocated to Dayton in 2008 and www.copatool.com sealing fasteners, became Finished Plumbing product with locations in marketing manager in 2012. Kimball Midwest recognized Cincinnati, OH, for robust training programs USA and Carson, www.winsupply.com CA, USA. Kimball Midwest, a national Long-Lok’s self-locking fasten- DLA renews Parker Fasteners industrial supplier based in Colum- ers have helped solve threaded QSLM Class 2 & 3 approval bus, OH, USA, has been named to component fastening problems for more than 50 years using The Defense Logistics Agency a list of companies with unique and proprietary designs (DLA) has approved the renewal robust employee train- including thin nylon strips and ing programs. patches, which help strengthen application of Parker Training magazine, the leading and secure bolted assemblies Fasteners, Goodyear, publication for learning and de- during operation. AZ, USA, for another three years. velopment professionals, recently “Long-Lok’s unique mix of prod- Parker Fasteners has supported the announced the winners for the ucts and key customer relation- USA Military efforts for the past three annual Training Top 125, which ships is a perfect fit with our port- years and is excited to continue ranks companies’ excellence in folio of aerospace manufacturing their support. employer-sponsored training and companies,” said Bryan Perkins, DLA Troop Support Industrial development programs. CEO of Novaria Group. Hardware manages the Qualified “Training Top 125 winners dem- Long-Lok’s products go on a wide Suppliers List for Manufacturers onstrate the magic that happens variety of high-growth programs, (QSLM) Program. Audits are con- when organizations tie training which fits within Novaria’s long- ducted at any time with qualification to specific, measurable strategic term growth strategy. always contingent upon continual goals, leading to behavior change, Also, KKR, an global investment compliance with the criteria and business impact and employee firm, announced earlier that has provisions of the QSLM Program. engagement that drive success,” entered into an agreement to ac- www.parkerfasteners.com said Training Editor-in-Chief, Lorri quire Novaria Group from Rose- Freifeld. “We salute these best-in- wood Private Investments and Copa Tool achieves AS9100D class organizations for their ardent Tailwind Advisors. The financial Copa Tool, South Lyon, MI, USA, dedication to continuous employee details were not disclosed. learning and development and has been awarded AS9100D ac- their investment in innovative ways www.novariagroup.com creditation status for its Quality to deliver on their commitment.” Management system. This recog- news.kimballmidwest.com ...Since 1970 WomenInc recognizes Dorman www.ndindustries.com Products’ Kelly Romano Forged Industrial Products Page 3 Leader in the Eyebolt Industry Automotive aftermarket supplier, Dorman Products, Inc., Colmar, Toll-Free: 888-536-3674 PA, USA, announced that Dorman Locally: 440-993-8091 Board Member, Kelly Romano, has Fax: 440-992-0360 was one of WomenInc.’s 2019 Most www.kenforging.com

BUSINESS & MARKET REPORT January 13, 2020 Women in the Fastener Industry (WIFI) Notebook Of ficers and Board Members for 2020 Bulten to Acquire PSM Women in the Fastener Industry • Becky McMorrow International Holdings Bulten has signed an agreement (WIFI) has announced its 2020 Of- Wurth Industry to acquire all shares in PSM International Holdings Lim- ficers and Board Members: North America: ited. The acquisition strengthens • Jen Kushnir Board Member Bulten’s position in the international DLP Coatings, Inc.: • Jeana Sanders fasteners market and provides President Dan-Loc Group: a strong platform for continued growth globally. Bulten sees po- • Jan Morr Board Member tential for synergies in a number of key areas. Formed Fastener: • Kristin Rivera The purchase price amounts to 1st Vice President S.W. Anderson: US$24.5 million on a cash-free and debt-free basis. • Elizabeth Morak Board Member www.bulten.com Optimas: • Sara Vasicek Intercorp Releases 2nd Vice President Advance New Product Catalog Intercorp, Orange, CA, USA, an • Taryn Goodman Components: importer and master distributor of Industrial Rivet & Board Member professional-grade construction fasteners under Fastener Co: WIFI provides opportunities for women the Strong-Point® Treasurer in the fastener industry at all levels of and Strongcon® brands, has an- • Gloria Medina experience. We unite, educate, mentor nounced the re- Dallas Fasteners: and encourage one another, to ad- lease of its new Secretary vance women in the fastener industry. product catalog, which includes over 50 new www.fastenerwomen.com fastening products. Download a digital version of the new product Influential Corporate Directors. Centrispinning (FVC) and Paralloy catalog from the website below. WomenInc.’s annual list of Most to capital investment firm Nimbus. If you prefer a hard copy, please contact us at any of Intercorp’s Influential Corporate Directors fea- As part of a strategy to simplify/ nine locations. tures Board Members streamline Doncasters’ manufac- You may also request a copy at: of publicly held firms turing portfolio, Nimbus will acquire [email protected]. having impact in their industry and the FVC business in Sheffield and paving the way for future female the Paralloy business in Billingham www.intercorpusa.com directors and executives. for an undisclosed amount. Kevin Olsen, Dorman President/ Jas Sahota, CEO of Doncast- CEO, said, “This recognition is well- ers, said, “This transaction brings deserved, and we are honored to us closer to finalizing our Wave 1 have Kelly Romano’s exceptional disposal program target, which leadership on our board.” seeks to reduce our operational site footprint by around 50%. Hav- A member of Dorman’s Board ing now achieved the disposal of since November 2017, Romano is seven operational sites in recent a member of its Audit, Compensa- months, this is part of our medium- tion/Corporate Governance and Nominating Committees. www.dormanproducts.com [email protected] • www.heroslam.com Doncasters announces sale of Centrifugal Castings Division Burton upon Trent, UK-based Doncasters Group has announced the sale of its Centrifugal Castings Division, comprising Firth Vickers Page 4

BUSINESS & MARKET REPORT term strategy to reposition a leaner Colony founder Michael Weiner to January 13, 2020 Doncasters, with a sharper focus Chairman and President, and Mark on our superalloy casting and su- Patton to Chief Executive Officer. The Notebook peralloy production facilities. This new roles are reflective of both ex- strategy also underpinned by our ecutives’ exceptional contributions All-Pro Fasteners Develops current financial restructuring with to the company, and to help posi- New Fastener White Paper a majority of lenders already signed tion Colony Hardware for continued All-Pro Fasteners, Arlington, up, will close by the end of Q1 2020.” organic and acquisition growth. TX, USA, has developed a free comprehensive whitepaper cov- www.doncasters.com www.colonyhardware.com ering the topic of single-source procurement of fasteners and Michael Weiner to Chairman Arconic announces public related products. It discusses & President and Mark Patton filing of Preliminary Form important considerations and to CEO at Colony Hardware 10 Registration Statement key points to be evaluated. The Board of Directors of Colony Lightweight metals manufactur- Advantages of Single Sourcing Fasteners & Related Products Hardware, Inc., Orange, CT, USA, ing company, Arconic Inc., located AN ALL-PRO FASTENERS WHITEPAPER a leading direct-to-jobsite distribu- in Pittsburgh, PA, USA, has recently tor of construction materials and announced that Arconic Rolled A company faced with the need to recurrently purchase fasteners and related products must jobsite supplies serving construc- Products Corporation (to be re- decide between sourcing from one supplier (single-sourcing) or working with multiple vendors. tion firms and specialty contractors named Arconic Corporation upon This whitepaper discusses the advantages of single-sourcing, based on factors such as market across a variety of end markets, separation) has publicly filed a conditions, supplier and product characteristics, and individual business needs, which that may has announced the promotion of preliminary Registration Statement influence a company’s decision. In addition to the potential benefits associated with having a single-supplier sourcing program, MAFDA Christmas Gala — “Event of the Year” there are potential drawbacks one must consider. To that end, this paper discusses important considerations that may help mitigate any potential drawbacks in a single-sourcing arrangement. The MAFDA Christmas Gala will go Washer, Star Stainless, Die Co., Inc., down in the record book as the event Vertex Distribution, Intercorp and From the paper, “A company of the year. A crowd of over faced with the need to recur- 60 industry members gath- Screws Industries. rently purchase fasteners and ered to celebrate 2019 and A special moment an- related products, whether as an renew their relationships for nounced the creation of a OEM or aftermarket company, 2020. With over 34 distributor MAFDA Hall of Fame and must decide between sourcing attendees and a good mix of to pay tribute to the Hall of from one supplier or working suppliers and reps, it was a Fame inductees. David My- with multiple vendors. Factors great opportunity to mix and ers was the first inductee as such as market conditions, sup- mingle with industry ownership and the original distributor mem- plier capabilities, fastener prod- management to set the course for busi- ber of the association. He helped found uct characteristics and individual ness well into next year. Companies MAFDA and has served 16 years as business requirements may were represented from Connecticut, an officer. Lee Johnson, the original influence the decision. The deci- New York, New Jersey, Pennsylvania, founder of MAFDA, was the second sion to single-source fastener Delaware and Maryland at the event inductee. He has served continuously procurement is typically made that spanned borders and brought the as an officer for 16 years with three on a strategic basis.” best from a wide area. terms as President. Justin Myers, Emcee for the evening, The MAFDA continued the tradition of www.apf.com/think and the MAFDA Board of Directors every attendee getting a hand-made and all party goers send out a special Christmas ornament courtesy of thanks to the sponsors for making Jeannie Kondraski of Lubker Dis- this night possible. Please remember tribution. each sponsor as business opportuni- Through the generosity of sponsors ties arise: and attendees, the MAFDA raised over Brighton-Best/Ironclad, Computer US$2000 for the scholarship fund for Insights, Lee Johnson Associates, children of the member companies and Stelfast, R & D Fasteners,G.L. Huy- proudly continues to bring education ett, Kanebridge, Sems & Specials, and opportunity to our industry and our McCormick Associates, XL Screw, families. Remember to have all eligible BBC Fasteners, R.W. Rundle Asso- children get their applications in this ciates, ND Industries, KDS Imports, year! Forms are at the website below. The Hanson Group, Murty Associ- Reach out to the MAFDA in 2020 and ates, Ford Fasteners, Wrought join in the industry’s premier events. www.mafda.com Page 5

BUSINESS & MARKET REPORT January 13, 2020 MWFA 2020 Officers, Board Members & Scholarship Winners Notebook The Mid-West Fastener Association ship winners: Marc Strandquist to Optimas (MWFA), Lake Zurich, IL, USA, announces • $4500 XL Screw Corp. President of Americas its 2020 Board of Directors: Marc Strandquist, President of Scholarship: Emma Katovich, the Americas at Optimas Solu- • President: Paula Evitts Innovative Components tions has joined the Optimas OE Avante Imports Solutions team as President of • $4500 Richard S. Piskoty the Americas. His responsibility • Vice President: George Hunt Memorial Scholarship: Ashley will be leading all Brighton Best Int’l. Duong,Star Stainless Screw elements of the Optimas sites in the Americas. • Treasurer: Bob Baer • $4000 Raul Torres Memorial Optimas, Glenview, IL, USA, is Abbott Interfast Inc. Scholarship: Kelly Penland, Eurolink one of the largest global com- panies that provides world class • Secretary: Pam Cicero • $2500 Brighton-Best Scholarship: C item logistics solutions for Delta Secondary Jasmine Ridge, Distribution One customers of all sizes. • Directors: Glen Brin • $2500 Mark Ryan Memorial www.optimas.com Innovative Components Inc. Scholarship:Duy Chau, Jake Davis, BTM Star Stainless Screw Crossroad Distributor Matt Delawder, SWD Inc. Source Website Updated David Gawlik • $2000 SWD Inc. Scholarship: Crossroad® Distributor Source Stanley Engineered Fastening Meredith Roach, EFC Int’l. has announced the latest up- Bryan Wheeler date to its website. Visitors can Star Stainless Screw • $1500 MWFA Scholarships: now customize sell sheets in Maddison Allen, Endries Int’l. the Download section with their • Alternates: Rich Cavoto Triston Borowski, Greenslade company name, logo, phone Metric & Multistandard Connor Breck, Alpher Services number, fax number, email and Wayne Wishnew, XL Screw Edgar Briseno, ICS Flange web address. Tabitha Herbst Natalie Cahue, Chicago Hard. Burlington Graphics Ariana Correia, Innovative Comp. Justin Hatch, SWD Inc. And MWFA thanks outgoing President Julia Gwordz, Arlington Fast. Wayne Wishnew for his leadership. Matthew Gwordz, Arlington Fast. Mary Kupperschmid, Unytite The MWFA also held its 36th awarding of Cole-McCall, Arlington Fast. MWFA scholarships. To date MWFA has Robert McKee Jr., EFC Int’l. awarded $768,500 in scholarships. It is Isaac Woelffer, Endries Int’l. mainly MWFA shows and membership Stephanie Yerges, Global Fast. donations, which provide the funds for this outstanding program. www.mwfa.net MWFA congratulates this year’s scholar- Crossroad also added a relative on Form 10 with the U.S. Securities The businesses currently com- copy, literature and videos to and Exchange Commission (SEC) prising Arconic Inc.’s Engineered each of the product pages. This in connection with Arconic Inc.’s Products and Forgings segment localizes any content pertaining pending separation into two stand- will remain in the existing company, to a specific product making for alone, publicly traded companies. which will be renamed Howmet a much better user experience. Aerospace Inc. upon completion Arconic Inc. will spin off Arconic of the separation. Arconic Inc.’s www.crossroaddistributorsource.com Corporation, which will hold the pending separation into two stand- businesses currently comprising alone, publicly traded companies DDEECCEEMMBBEERR 22001199//JJAANNUUAARRYY 22002200 OOCCTTOOBBEERR//NNOOVVEEMMBBEERR 22001199 Arconic Inc.’s Global Rolled Products is on track, and is expected to be segment (which includes Rolled completed in the second quarter of DECEMBER 2019/JANUARY 2020 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss F a s t e December2019/January2020 OCTOBER/NOVEMBER 2019 SSeerrvviinngg MMaannuuffaaccttuurreerrss,, DDiissttrriibbuuttoorrss aanndd EEnndd UUsseerrss F a s t e October/November2019 Products, Extrusions, and Building 2020. www.arconic.com REBUILD & UPGRADE...P. 46-51 F o c unse rIn this issue...FaFstoeRcnueepsrerDedsiNesntertiwabtsuiv,tIoensr,fso,OrImEmMaptosioratnnerdasn,EdMnPdarnUoudsfeuarccstt.usrfeorr’s Roundups on Coating & Plating...80 & Automotive...98 and Construction). Construction Fasteners...92 F o c unse rIn this iFsasFsutoeRcenue.e.ps.rerDedsiNesntertiwabtsuiv,tIoensr,fso,OrImEmMaptosioratnnerdasn,EdMnPdarnUoudsfeuarccstt.usrfeorr’s WWW.FASTENERTECH.COM Presented by... Presented by... www.fastenertech.com P. 159 FF News & Info www.fastenertech.com FASTENER TECHNOLOGY INTERNATIONAL SPOTLIGHT ON PACKAGING...94FF News & Info WWW.FASTENERTECH.COMFASTENER TECHNOLOGY INTERNATIONAL FRaNeBse1nTtuw0ehocnMweBkiriennTnayregunaedCtdveFAoeDasumlseiwsntsptegiiratgnihSnane.ayn.r.fLlsoearCsrrmoymaKnpeaSllnpyyeonfds Process Control...62 P. 69 TESTING & GAGING...6CTS6ETimpOheeoOnfT’dKGrsae.Lve1.0eHfflueMiny,igentuSttaelseswmitahn... Page 60...Hot Forming of Fastener December 2019/JanuarCy 2H02o0oiwledtoSIpnrsitnagllPain TESTING LABS & REGULATIONS..P. 54-58 COMPANY PROFILES.C.A.F1ooG0mui8aprnoGtneiennneFtraasDttiieosnnisn:gOctober/November2019 Fastener Focus LAS VEGAS REPORT: PAGES 62-73 & 182-191 F aFsotceunse r R“eSptroaritgohnt FIFrom ThteriSbhuotiwo”nFocusedNews,InformationandProductsfor Heads & Pins Focused News, Information and Products for Fail-Safe JointsPresentedby... ... E inFastener Distributors, Importers, Manufacturer’s Fastener Distributors, Importers, Manufacturer’s www.fastenertech.com Continued Las VegasRepresentatives, OEMs and End Users. Representatives, OEMs and End Users. In this issue... FF News & Info FFPfRroPRoCerrodoostuhudnpnecusodttcnSsrutdtuspaaec:ntdtSediou-tooTnpefOp-FctluahhirseentrC-oesAalnroletlgiryns Presented by... www.fastenertech.com The Traveling Salesman Spends 10 Minutes with... In this issue... Tim O’Keeffe, Vol. XLII, No. 6 CEO of G.L. Huyett Vol. XLII, No. 5 FF News & Info FFTTrPrMaBraAcoolcuikdbsktiuiotinlencmegrgtSsaSPYmteaoicccuaokrrDintFonOdaugrasbdortleeyfenrFPLaeSrisnroostecle:uefntosieorsrenss How to Install a The Traveling Salesman Spends Coiled Spring Pin 10 Minutes with...Larry Kelly of Buckeye Fasteners Company Fail-Safe Joints New Brand Design for Construction Fasteners Renowned Austrian Roundup: Suppliers Fastening Company Responded to Our Call for the State-of-the-Art in Four Generations: Products and Technology A Giant in Fastening Component Distribution FF Products “Straight From The Show” Report on IFE in Las Vegas ...Continued Automatic Double Line for Blister Packing of Fasteners Mobile Smart Order Solution Tracking Your Fasteners: Tracking Secondary Processes FF Products Read Fastener Technology International (FTI) online at www.fastenertech.com. Free subscriptions for fastener manufacturers, distributors and users as well as suppliers to the industry. Page 6

BUSINESS & MARKET REPORT SFS acquires mbe & thank both Mary and Cliff for their January 13, 2020 Initiates CFO plan combined 57 years of dedication, service and excellence! Notebook SFS expands its fastening system business for façades in Germany They will both be missed by the Brighton-Best International through the acquisition of mbe– Rockford Fastener family. Rockford Acquires CleanFit Associates Moderne Befestigungselemente Fastener, Inc., Rockford, IL, USA, Brighton-Best International GmbH, a leading supplier of paint- wishes good Luck to both Mary (BBI), Long Beach, CA, USA, has ed fasteners for high-performance and Cliff, and the company hopes acquired CleanFit façade systems. The acquisition that they enjoy their golden years Associates, Inc., a expands SFS’s offering of fastening with their families. leading provider of disposable systems and its market reach in gloves to the automotive retail central Europe. The completion of Now with over 40 Years of Ex- channel. Brighton-Best has con- the acquisition is subject to regula- cellence, Rockford Fastener, Inc. tinued to expand its portfolio of tory approvals. opened in April of 1977. The original products beyond its traditional seven people took great pride in base of industrial and construc- Additionally, Rolf Frei says he has providing quality products and the tion fasteners, starting with Pro- decided to step down as Chief Fi- service expected to build long-term ferred Tools and Consumables, nancial Officer (CFO) of SFS Group at relationships. The company cur- Ironclad Performance Wear for the Annual General Meeting to be rently has close to 100 employees Safety Gloves and now Cleanfit held in 2021. His early announce- along with advanced manufactur- for Disposable Gloves into the ment provides SFS with sufficient ing capabilities. retail channel. time to plan and execute a smooth Robert Virden, who is the Presi- succession. www.rockfordfastener.com dent of Cleanfit Associates, Inc., says he is excited to work with After serving as CFO for 18 years, Conference Calls/Webcasts... Brighton-Best International to le- Frei has decided to relinquish his verage the scale and capital BBI position. He will continue to support • Fastenal Company, Winona, MN, USA, an- can provide to bring the brand the company on selected strategic nounced the date/time for its conference call to the next level. projects until he reaches normal to review 2019 annual and Q4 results, and Brighton-Best International says retirement age. Frei joined SFS in current operations. The conference call will that the company is appreciative 1981 and as its long-standing CFO be broadcast live over the Internet on Jan. to all the customers, the employ- and Head of Services, he has had 17, 2020, at 9 AM CT. investor.fastenal.com ees and the suppliers that have a major impact on the company’s • Stanley Black & Decker, New Britain, CT, built the Cleanfit brand, and we overall development. USA, will broadcast its Q4 and full year 2019 look forward to forging a strong earnings conference call on Jan. 29, 2020, future ahead. SFS is a worldwide leading at 8 AM ET. ir.stanleyblackanddecker.com Brighton-Best International, Inc. supplier of mechanical fastening provides the fastener industry systems, assemblies, precision Dividend Reports... with new products, more ex- moulded parts and logistics solu- tensive inventory, world-class tions. Together with its customers, • MSC Industrial Supply Co., Melville, NY, service, a wide variety of quality SFS develops and supplies custom- USA/Davidson, NC, USA, has declared a products and a 24-hour on-line ized solutions for the most varied special cash dividend of US$5.00/share, web ordering website. of industries and markets that offer payable Feb. 5, 2020, to shareholders of sustained added value according to record at the close of business Jan. 22, 2020. www.brightonbest.com the SFS value proposition: “Inventing cdn.mscdirect.com success together”. • Nucor Corp., Charlotte, NC, USA, in- Don't Miss On-Demand Fastener Talk Radio! creased the regular quarterly cash dividend FTR is talk radio for the fastener industry, featuring www.sfs.biz on common stock to US$0.4025/share, to be guests, commentary and conversation designed to paid Feb. 11, 2020, to stockholders of record inform and entertain fastener professionals. Available Rockford Fastener Team on Dec. 31, 2019. www.nucor.com any time in streaming or download formats. Tune in members Clark & Rider retire after combined 57 years today! Log on to listen to Fully Threaded Radio: Rockford Fastener Team mem- www.fullythreaded.com bers Mary Clark (with 29 years) and Cliff Rider (with 28 years) have retired. Rockford Fastener wishes to Page 7

EVENTS & OPPORTUNITIES Fastener Fair Turkey 2020 January 13, 2020 Sees Solid Bookings EVENTS With 190 exhibitors already booked for Fastener Fair Turkey February 27 – 29, 2020 Fastener Fair Turkey 2020, registration is now Istanbul, Turkey www.fastenerfairturkey.com open for trade visitors to join the fifth International March 4 – 7, 2020 Exhibition for Fastening and Fixing With only 10% of General Mo- Pac-West & NFDA Joint Technology at the Tüyap Exhibition tors’ suppliers having received this Conference and Tabletop Show Center in Istanbul, Turkey, from award for 2018, these are signifi- Long Beach, CA, USA February 27 to 29, 2020. cant achievements and a testament www.pac-west.org to SPIROL’s operational excellence www.nfda-fastener.org “Attended by global players like car manufacturers Ford and Toyota March 30, 2020 – April 3, 2020 wire 2020, Düsseldorf, Germany www.wire-tradefair.com as well as the Turkish Airlines and and quality control, especially April 21 – 23, 2020 State Railways, as many as 190 considering the millions or parts Fastener Taiwan 2020, Kaohsiung, Taiwan exhibitors from 11 different countries supplied to General Motors from www.fastenertaiwan.com.tw have already booked their stand, SPIROL’s global locations. confirming the international nature May 7, 2020 of the show,” said Olivia Griscelli, www.SPIROL.com NCFA Distributor Social Cleveland, OH, USA www.ncfaonline.com Exhibition Director of Fastener Fair MWFA 2020 Fastener May 8 – 9, 2020 Turkey, on behalf of the organizer, Show & Golf Outing Fastener Fair India, New Delhi, India Mack Brooks Exhibitions Ltd. www.fastenerfair.com/india/delhi The Mid-West Fastener As- May 18 – 20, 2020 Subscribe, read or advertise @ www.fastenertech.com/FastenerNewsReport.asp The exhibiting countries are sociation (MWFA), Lake Zurich, IL, Fastener Fair USA Turkey, France, Germany, Italy, Iran, USA,will host its 39th Annual Table Charlotte, NC, USA China, Taiwan, Israel, India, South Top Show on June 16, 2020. www.fastenerfairusa.com Korea and the USA. May 27 – 28, 2020 Fastener Fair France, Paris, France www.fastenerfairturkey.com www.fastenerfairfrance.com June 16, 2020 SSuPIpRpOSliLeprRoQetculeiaigvliethystATowwnoarNGdMsIFS /WESinTvFitaEesdxtehtoniesbrhiointwodcurassstrey...tschueopirnpptliireonrdsuuaecrdtes MWFA’s 39th Annual Fastener Show Elk Grove Village, IL, USA www.mwfa.net SPIROL International Corpora- and/or services at this one-day June 22 – 24, 2020 tion is pleased to announce that show event. The MWFA hosts a International Fastener Show China 2020 Shanghai, China two of its wVoolrtldIn-cdluasstsriaml anufactur-WreTnatbhlaemToTpooSl hPorowduinctseven yearVsi,saitl-Fasteenn.aefarstener.com ing locationsPhlaasvtiecsreIcnec.ived the 2018 lowinBgoosthu3p42pliers a very econToemcih- nolJougney24 – 25, 2020 oifGctifyoptehneEntryxreaecooipmyVartaeanolurioar.aoodulrrlytltdlneeTaincIurnJhnnuaeiVnMcjaedereiclldrdcsusuTeeeto.sionnpSoOtBxitoirtsaAnqPoociulgapu,omwreIelrSeaRtccsPlhorfapaPlaOtollenlts7adrraIaSn5sReLdslodta1uodtcirOieCcgclpefpssivofs’ociLaapigtosarrssnuntnoitlCstnebiantfenaatsodahtceieinhrundarhndcessrq-tQitaeuicduvauiaanltit’l’gsys-wdftsfWWinoorcuoorvorrecmeerteliihwlpnnnndctoeesrttggswhhioofmaCcatarduaieyhsdmonpusoltTeoeledlcdee.dnfweTnfhWtnHbeoarotbroaoooeoeraoiilsleanllttmsmsinsPhddnyt.ttraiheufgohnsoWka,spiatghdneostcomeerituTsgfyrcaewoacamihifattsotssosertlltaelerepsgshhiancnofariinnach,eeonvtnosadarueAdelsiebrdhldnw,syeGe5trrreta0uloaaaoooanncnuysclsdhwipeggaapannaaariaittrnnegrvrcordsesddggdeee-.yev.uienasrtstrhaytehtnhehaeyaewimsIadnnbrootttBheoraoeeoroftnokatshtiooFMwSFBw3aaeinwwrness3mpxttwwaeet0siiecnnn..lftom,aghaeehesrrClbetfaEFieeataxmy:nrs,hiret1,Mei6brMUnfeiateK–eixioxr xi1.cnpci7cooo,&o m.2c2Co0/ 0om.2u2n 0ke0fe x ri ce once fourthpoclyomnesrse, ccou-ptiovlyemyeres,aarndrreesc-e i v i n gthe luxury of being able toreputation for the highest quality and showcase its this prpinersescwtiisgeioiunosueplstaosatmicwafnaaustrfeadnc.etursr.e our the September 23 – 25, 2020 most dependable delivery perfor- APmmTTOHOCaaRnnRIRLcuQX®yepaeLef®-arIeiSavrpPnicaEbotnSeatubTcphdIerd®Inerhed,®eQPsi,unTHUMPasdnOcHIAOuoLhlRutIDssLRLQrtioIrRTLmnPy-tEOISS.wotPWEXaSRaSbT®Q®Qeab®,peeUba,®ArArl,lAorveloeCHCdeRleeRiuRoE-cEd®ecXx®rt-ttnDoyLrrshhsii.RObbeypIdibboBiVbeneetE®ddtoae,,ihtoonredsrvr.dsiyrTbonehynuaemmor.MfbefeenWrrtiIMneFdiaeAdgnnnut2if0Pfraesie0nccteBd7bGatyU:uUtYirIEDoeRSSwSILEnSnra’hhewtseaapwrnnVtnegge.afmhhgatiaaasbotiisnee,F,nCaraNelh2sVFrit8nt,earaUans–t edSe3rAen0&s e,hrT2o Ee0wxc 2ph.n0oSe h- t oIFwE 2 020, On June 17, the 68th Annual GolfSymbols www.fastenershows.com INTERNATIONAL GUIDE Volt Industrial Plastics, Inc. November 11 – 12, 2020 Outing will be at the Eaglewood Re- Fastener Fair Italy, Milan, Italy 700 Hwy.w2w02wW.vo•lYtpelllavsiltleic,sA.cRo7m2687, USA wswowr.twarenndthaSmptaoo,lj.ucosmt minutes from the www.fastenerfairitaly.com Contact: Heidi Volltrauer, COO show venue. Shot gun start times at May 18 – 20, 2021 Toll-Free: +1 800 844 8024 Toll-Free Fax: +1 877 453 8707 7 AM and noon will be available. Fastener Fair Stuttgart, Stuttgart, Germany Web Site: www.voltplastics.com www.fastenerfair.com/stuttgart E-Mail: [email protected] www.mwfa.net Page 8