IN THE NEWS with Fastener News Desk the Week of March 14th, 2022

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It’s… IN THE NEWS with Fastener News Desk the Week of March 14th, 2022

WATCH NOW! FASTENERTV YOUTUBE CHANNEL: (7MIN-56SEC)

IN WORLD NEWS from RUETERS: The EU to ban steel imports from Russia. The measures amount to a fourth set of sanctions against Russia over its invasion last month of Ukraine, coordinated with the United States and other G7 allies. Read More:

In Fastener Industry News…

The Industrial Fastener Institute welcomed nearly 200 members to their Annual Spring meeting in Fort Lauderdale yesterday.

The Pac-West Spring Conference & Tabletop Show | begins tomorrow, March 16-18TH. For more info and registration: pac-west.org

Würth Revcar Fasteners Leases Former Home Shopping Network Building in Roanoke, VA. The building will be the single largest Würth facility in North America and serve as the headquarters for Würth Revcar #Fasteners. Chapman Revercomb, Managing Director of Wurth Revcar Fasteners said “We are excited about the opportunity for a world class headquarters that will allow us to attract, retain, and develop top talent in the same location as a highly efficient, large scale distribution facility. “We expect to add 50 office and warehousing positions as we ramp up operations in the new facility,” Read More:

In Acquisition news….

Threadline has Acquired Fellow Fastener Fab Supplier Atlantic Bolt. The merger of the two companies will increase production capacity and enable them to compete at greater scale. The merger of the two Charlotte-based companies brings together teams with a combined 74 years of experience in serving contractors, departments of transportation, and OEMs. Threadline was founded in 1984, and Atlantic, launched in 1987, they have been known across the Carolinas and Southeast as organizations built on responsive, reliable service, quality, and steady supply of anchors, bolts, studs, hardware, and other steel-fabricated products.

NSI Industries, LLC, a provider of electrical product solutions for more than 45 years, has announced that it has acquired Metallics, a Bristol, Conn.-based manufacturer and supplier of fasteners and related supplies, as part of its commitment to connecting distributors to the products, services, and technologies they need to advance. The acquisition also allows NSI to further key inroads into the electrical, HVAC, and building technologies markets. In service of their customers and in coordination with its affiliate, Avanti Screw, Inc., Metallics has the ability to design and produce new and innovative fasteners in their central Connecticut plant.

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!

In eCommerce News:

You won’t want to miss FND’s recent interview with Fabory’s, Richard Rijsterborgh, Sr. E-commerce Manager about his experience in launching their new ecommerce webshop, B2C buying behaviors that translate to B2B user experiences, getting the data right, fasteners and digital transformation. Find out how this 75-year-old fastener distribution company is setting the benchmark for digital experience.

Read the full interview at Fastener News Desk.

The past two years have certainly been a digital wake-up call for distributors and manufacturers. B2B buyers’ behaviors have gone full on digital! Digitizing data and product information is key to the beginnings of your business’s digital transformation. Data is the foundation to your company’s digital growth.

Is your product data ready for eCommerce, a great user experience, investors, or marketplaces?

Product Genius Technology services include, consulting, strategizing, data cleaning and preparation. Contact ProductGeniusTechnology.com or call 1-800-fasteners to find out how to get started today.

Women in the Fastener Industry announced that The Margaret Davis Scholarship application is now open! WIFI honors the memory of Margaret Davis of ISSCO, INC & BTM Manufacturing with a scholarship to Fastener Fair USA in Detroit, MI May 17- 19th. Scholarship awardee will receive travel, accommodations, and entrance to the expo. The recipient will be required to work at the WIFI show booth. Deadline for applications is April 1st, 2022.

Apply now for a scholarship at 👉https://fastenerwomen.com/scholarships

Attention: Young Fastener Professionals! Do you work at a fastener distribution company, manufacturer or industry provider and want to make a greater impact in the industry? Well, the Young Fastener Professionals organization is looking for young, motivated, self-starters, and team builders to help grow their organization on a national level.

Young Fastener Professionals (YFP) is committed to providing educational and networking opportunities for ambitious young professionals desiring professional growth within the fastener industry. They empower, advocate for, and provide opportunities for education and networking for young fastener professionals.

For more information contact the YFP at nfda-fasteners.org

2022 marks the 40th anniversary of the IFE Fastener Hall of Fame, which recognizes professionals who have made significant and enduring contributions to the industrial fastener industry on a national or global scale. As part of the annual International Fastener Expo, the Hall of Fame inductees are selected from names submitted by people like you. Now is the time to nominate someone you think has made a difference in the fastener industry, through leadership, innovation, or education. Are you ready to nominate a deserving colleague today? Nominate online at FastenerShows.com. Deadline to submit nominations is July 30th.