IN THE NEWS with Fastener News Desk the Week of August 1st, 2022hdfadmin
In Fastener News…
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BIG NEWS IN FASTENER BUSINESS ACQUISITIONS BROKE LATE LAST WEEK….
LindFast Solutions Group (LSG), a leading master distributor of specialty fasteners in North America, announced the completion of its purchase of Star Stainless Screw Company (Star).
Together LindFast Solutions Group and Star will be even more effective at meeting the needs of their diverse customer base, ranging from stainless to inch, to metric, to value-added services, and more. The CEO of LindFast said “We believe the combination of LSG and Star will give our collective customers unparalleled ability to meet all of their fastener needs with one company,”. “With Star’s 14 branches and distribution centers across North America and the 16 locations we have, this collective footprint will allow our customers to access product even more efficiently than in the past.”
Listen Up ThreadHeads and Fastenerds🎙Fully Threaded Radio Episode 178 (Thread Pilled) is LIVE!
Strong sales and ongoing #supplychain challenges remain the top themes as the fastener industry keeps its optimism heading into a 🌞hot summer. Check out the full episode at http://FullyThreaded.com
In Manufacturing News…
Some companies are holding off on new orders, supplier deliveries picked up speed, & prices growth slowed significantly. Those details and more can be found in the Manufacturing @ISM ® Report On Business® for July. “The July Manufacturing PMI® registered 52.8 percent, down 0.2 percentage point from the reading of 53 percent in June. This figure indicates expansion in the overall economy for the 26th month in a row after a contraction in April and May 2020. This is the lowest Manufacturing PMI® figure since June 2020, when it registered 52.4 percent. The New Orders Index registered 48 percent, 1.2 percentage points lower than the 49.2 percent recorded in June.
📌 The countdown to Manufacturing Day is on! MFG Day 2022 is Friday October 7th! MFG Day is manufacturing’s biggest annual opportunity to inspire the next generation to start careers in modern manufacturing through a series of focused events to promote manufacturing to students, parents and educators. Plan to open your doors Oct. 7 or throughout the month of October!
Get a resource guide and all you need to get started planning your Manufacturing Day event at https://creatorswanted.org/
Follow on Twitter: @MfgDay – use #MFGday22 to get IN the conversation!
It’s time to get registered for the 41st edition of the International Fastener Expo, which will take place in Las Vegas, NV October 17-19th.
The International Fastener Expo is Largest B2B expo of Industrial Fasteners and Tooling & Machinery in North America. Since 1981, the event continues to bring together the manufacturers and master distributors of fasteners and other related products and services with distributors and sales agents in the entire supply and distribution chain.
IFE Exhibitors! With more than 300 companies already registered, space is running out to exhibit at this year’s expo. Don’t miss your opportunity to make an impact at the largest B2B expo for #fasteners!
Go to FastenerShows.com to book your space today!
TO GET REGISTERED USE FND’s Discount Code: FND50 and SAVE 50% off registration.
In Fastener Event News …
There’s a lot of fastener events coming over the next few months. Here’s what’s on the roster over the next few weeks…
Are you ready to earn a Certified Fastener Specialist™ (CFS) designation at the end of a 5-day immersive education experience? Well then you’ll want to register for The Fastener Training Institute’s Fastener Training Week, happening August 22-26 in Chicago. The advanced technical training program is offered in partnership with Industrial Fastener Institute and is for fastener distributors, manufacturers, and end-users. Fastener Training Week, hosted by the Mid-West Fastener Association, offers five intensive days of education and plant tours as part of the FTI Certified Fastener Specialist™ (CFS) advanced technical training program. Attendees will be eligible for the Certified Fastener Specialist™ (CFS) designation. TODAY IS THE LAST DAY FOR Early Bird Registration! Save $500 now. Go to FastenerTraining.org
This Thursday August 4th Join the North Coast Fastener Association for their Night at the Ballpark networking event at Progressive Field. Enjoy some fastener friends, brews and experience the Cleveland Guardians battle the Houston Astros. For more info go to NCFAonline.com
Wednesday, August 10, 2022 Join the NFDA and YFP for a panel discussing the next generation of fastener professionals. They’ll discuss What’s Working Best for the Younger Generations. The panelists will dive into best practices for managing, motivating, and interacting with young employees and colleagues. Register at NFDA-Fastener.org
The Midwest Fastener Association’s FSTNR WEEK is happening this month! August 21-26th Join MWFA members for a week of events that include a Charity Bed Building Event that benefits the Sleep in Heavenly Peace Organization, a Fastener seminar, golf outing and lots more networking opportunities! 👉 Registration and more info: http://MWFA.net
REGISTRATION IS NOW OPEN FOR Fastener Training Institute’s “How Fasteners are Made and What Drives the Cost of a Fastener” CLASS at the International fastener Expo. For Registration and more info go to: https://fastenershows.com/fti-class/
The stories featured in this week’s episode of IN THE NEWS can be found at Fastener News Desk or in our Twitter feed @FastenerNews and on LinkedIn in the Fastener News Group!
🏆 For the past 40 years the International Fastener Expo Fastener Hall of Fame has recognized professionals who have made significant and enduring contributions to the fastener industry. Who do you think should be honored with this prestigious award this year? To nominate go to FastenerShows.com. The deadline to submit nominations is July 30th.
ATTN IFE Exhibitors: Fastener News Desk will be on the expo floor looking for the winners of the 2022 BEST BOOTH AWARDS. This year the overall BEST BOOTH AWARD WINNER will claim the first ever customized Championship Belt. We can’t wait to see your creativity this October in Vegas!
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If you would like to share your company’s events, news or sponsor an upcoming episode of IN THE NEWS or would like to add to the Fastener Museum me: firstname.lastname@example.org.
Thanks for tuning in to this week’s episode of IN THE NEWS with Fastener News Desk.
Until next week, be well, be safe and Keep it Fastenating.
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