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5-ways-to-elevate-your-ife-2023-experience!

5 Ways to Elevate Your IFE 2023 Experience!

International Fastener Expo 2023

Are you ready to be part of the most prestigious event in the fastener industry? Look no further than the 2023 International Fastener Expo (IFE)! This year’s expo promises to be bigger and better than ever before, with exciting highlights that will have this year’s exhibitors and attendees buzzing with anticipation.

Step into the future of fasteners, machinery, and industrial products at the most anticipated event of the year – the 2023 International Fastener Expo (IFE) at Mandalay Bay in vibrant Las Vegas, from October 9-11, 2023.

The International Fastener Expo (IFE) is the ultimate business-to-business expo for all things fasteners, machinery & tooling, and industrial products. As the largest fastener event in North America, IFE caters to every level of the supply chain, making it the go-to event for fastener industry professionals like you. Join thousands of attendees from over 30 countries in the trade show capital of North America, Las Vegas, Nevada. This vibrant city offers a perfect backdrop for networking and doing business with hundreds of suppliers showcasing a wide range of fasteners for various industries, including construction, aerospace, military, electrical, and automotive.

Here are 5 Ways to prepare for an outstanding experience at the 2023 International Fastener Expo:

1) Register Now:

The wait is finally over! Registration for the 2023 International Fastener Expo is now open, and the IFE Team is eagerly waiting to welcome you to this year’s event. Whether you’re an exhibitor showcasing cutting-edge innovations or an attendee seeking industry insights, IFE provides a platform that caters to your needs. Early registration ensures you’ll have access to all the networking opportunities, educational sessions, and exciting exhibits the expo has to offer. Secure your spot today and join IFE for an exceptional gathering of fastener industry professionals from around the world.

Register Now: https://fastenershows.com/show/registration-pricing/

2) Book Your Stay:

The official hotel accommodations for the 2023 International Fastener Expo are now open! By booking your stay through the official IFE accommodations, you’ll enjoy a seamless experience with easy access to the expo venue and various amenities. EventSphere is the official housing provider of International Fastener Expo 2023

By booking within the official housing block, you unlock a world of advantages tailored to enhance your stay:

  1. Discounted Rates: Enjoy special discounted rates exclusively available to IFE 2023 guests. Save on your accommodation expenses, allowing you to allocate your budget to other valuable aspects of the event.

  2. Flexible Cancellation Policies: We understand that plans may change unexpectedly. Rest easy knowing that our official housing block offers flexible cancellation policies, providing you with peace of mind and flexibility.

  3. Exclusive Promotions and Perks: As an official housing guest, you’ll gain access to exclusive promotions and perks. Take advantage of special offers, discounts, and additional benefits that will enhance your overall experience at IFE 2023.

  4. Discounted Rates on Upgrades: Elevate your stay to the next level with discounted rates on room upgrades. Treat yourself to luxurious amenities and enjoy a truly unforgettable experience.

  5. Reservation Relocation Protection: When you book within the official housing block, you receive reservation relocation protection. In the rare event of unforeseen circumstances, we will ensure that your reservation is taken care of and you have a seamless experience.

  6. Contribute to the Event: By booking within the official housing block, you are directly contributing to the success of IFE 2023. Your support enables IFE to provide exceptional services, maintain the high standards of the event, and deliver an unparalleled experience for all attendees.

Book Now: https://fastenershows.com/events/book-hotel/

3) Register for the 4th Annual International Fastener Expo Golf Tournament:

Tee off with fastener industry leaders and fellow enthusiasts at the highly anticipated annual International Fastener Expo Golf Tournament. This premier event provides an excellent opportunity to network, build relationships, and have a fantastic time on the greens. Whether you’re a seasoned golfer or just starting, this tournament promises a day of camaraderie, friendly competition, and unforgettable memories. Mark your calendars and practice your swing because this is an event you won’t want to miss!

Date: Monday, October 9 | 8 AM – 12 PM Registration: Coming Soon!

4) Stay tuned to find out who the IFE 2023 Keynote Speaker is:

Prepare to be inspired by this year’s keynote speaker at the 2023 International Fastener Expo. Their presentation is not to be missed, as they provide invaluable knowledge and strategies to help you stay ahead in the rapidly evolving market. Stay tuned for the exciting announcement! 

The keynote speaker will be announced soon!

5) IFE 2023 NEW Feature:

IFE is introducing a new featured event on the show floor this year—‘Fireside Chat.’ This interactive session will bring together industry experts, thought leaders, and attendees in an intimate setting. It offers a unique opportunity to engage in meaningful conversations, ask questions, and gain insights from some of the most influential figures in the fastener industry. Experience firsthand the power of interactive discussions, where the exchange of ideas between speaker and audience ignites innovation and drives progress. 

The 2023 International Fastener Expo is set to be a truly extraordinary event.

Registration is now open, and your presence is awaited. Join the fastener industry at the International Fastener Expo 2023 and elevate your business to extraordinary heights. This is where opportunities are seized, partnerships are forged, and the future of the fastener industry is shaped.

Don’t miss your chance to be a part of it all.

Get ready to elevate your fastener industry game at the 2023 International Fastener Expo.

See you there!

More info: FastenerShows.com



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in-the-news-with-fastener-news-desk-the-week-of-june-12,-2023

IN THE NEWS with Fastener News Desk the Week of June 12, 2023

Here’s what’s happening in fastener industry news and events the week of June 12, 2023.

Watch now on FastenerTV at YouTube: (10:16) 


AFC Industries has acquired Iowa based White Distribution and Supply. Terms of the deal were not disclosed. The WDS acquisition is AFC’s sixth since the beginning of 2023 and their 11th since AFC was acquired by Bertram Capital in April 2021.

AFC Industries Acquires White Distribution and Supply


About | ZAGO | Switch Boots, Seal Plugs, Seal Screws, Seal Nuts

Zago’s Manufacturing, Co-founder and CEO Gail Friedberg Rottenstrich has been appointed to serve on the Manufacturing Extension Partnership (MEP) Advisory Board of National Institute of Standards and Technology (NIST)! Gail will contribute to the mission of enhancing the productivity and technological performance of U.S. manufacturing.


The 2023 National Fastener Distributors Association Annual Meeting will take place in Chicago, IL this week. June 13-14. Taking place will be the Board of Directors Meeting, Welcome Reception, NFDA Fastener Professional of the Year Award Presentation, Speakers, a State of the Industry Panel Program and more. For additional information go to NFDA-Fastener.org


Economic activity in the manufacturing sector contracted in May for the seventh consecutive month following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. “The May Manufacturing PMI® registered 46.9 percent, 0.2 percentage point lower than the 47.1 percent recorded in April. Regarding the overall economy, this figure indicates a sixth month of contraction after a 30-month period of expansion. The New Orders Index remained in contraction territory at 42.6 percent, 3.1 percentage points lower than the figure of 45.7 percent recorded in April.


The seasonally adjusted Fastener Distributor Index for May (FDI) weakened further to 44.7 compared to the 46.3 reading in April. Respondents pointed to declining new business opportunities and general softening in the economy as the driver of the m/m decline. The Forward-Looking Indicator (FLI) improved slightly, albeit remaining well below the neutral-50 reading, reading 40.6 vs. the April reading of 37.8. Overall, the FDI results and Fastenal’s daily sales both suggest conditions remained soft in the fastener distribution market in May.

Fastener Distributor Index (FDI) | May 2023


 

ATTN: Women in the Fastener Industry! WIFI honors the memory of Ann Bisgyer Wolz, co-publisher of Fastener Industry News. Ann, first worked in the fastener industry during high school for her stepfather, Eric Cohn, at Allied International. She later entered the trade show industry in New York City and returned to fasteners when she and spouse John Wolz acquired Fastener Industry News in 1994 where they shared co-publisher titles.

Don’t miss this amazing opportunity to become a Certified Fastener Specialist with the Fastener Training Institute. Apply for the WIFI Ann Bisgyer Wolz Scholarship today! Submission deadline: July 10, 2023


International Fastener Expo 2023

International Fastener Expo 2023

The International Fastener Expo is accepting nominations for the 2023 Fastener Hall of Fame and Young Fastener Professional of the Year prestigious Awards.

The Fastener Hall of Fame recognizes professionals who have made significant and enduring contributions to the industrial fastener industry on a national or global scale. Individuals selected for induction will join other honored industry members, including but not limited to inventors, business leaders, and educators.  The Young Fastener Professional of the Year award recognizes and honors a young professional who has made significant contributions to the fastener industry.

The recipients will be recognized at a special event during the International Fastener Expo and receive a commemorative plaque. The deadline for nominations has been extended to June 30th! Nominate today at FastenerShows.com: https://fastenershows.com/awards-events-page/ife-2023-awards/

Official hotel accommodations are now open! To nominate or book your stay go to FastenerShows.com


 Camcar has purchased the ttap® Brand and Technology. The TORX® ttap® Drive System combines the high torque capability of the TORX® Drive systems with the ttap® stability button. This drive system is ideal for the wood screw market. Camcar and Ttapdrive already cooperated in a partnership for over 10 years to promote the Torx® ttap® drive system through many quality distribution channels in the construction industry.

Camcar Purchases Ttap® Brand and Technology


 

Next generation advanced planning and scheduling is here! Optessa’s AI-driven optimization ushers in a new way for manufacturers to generate optimal plans and schedules in a fraction of the time. Respond to disruptions, meet delivery dates, reduce excessive parts inventory, eliminate costly idle time, and stabilize your supply chain. Request a live demo of Optessa’s NextGen APS platform today!

Visit https://www.optessa.com/ for more information! 


NCFA

North Coast Fastener Association

The North Coast Fastener Association will host Cork-SCREW….Cheers to Fasteners event on June 22nd from 5:00-9:00PM. Join the NCFA for a casual evening out at the Sharon James Cellars located in Newbury, OH. Join the NCFA for a fun night out with industry friends including a Cornhole tournament.  Space is limited for this event! REGISTRATION DEADLINE: JUNE 12. For registration info go to NCFAOnline.com 


Registration is OPEN for MWFA FSTNR Week which will take place in Chicago August 20-24, 2023!

Members and attendees will experience:

  • A Bed Build event at Abbott Interfast to support the Sleep in Heavenly Peace organization,
  • MWFA Member Plant Tours
  • Print Reading Seminar
  • the 41st MWFA Fastener Show
  • Retro 80’s Fastener Bash
  • MWFA 70TH Golf Outing & Mixer.
  • For all the details and to register go to mwfa.net

 Registration form: https://mwfa.net/pdf/2023/exhibitors.pdf


The Fastener Training Institute

The Fastener Training Institute

The Fastener Training Institute Announced Fastener Training Week will be held in Chicago on August 21st-25th, coinciding with the Mid-West Faster Association’s FSTNR Week! The Fastener Training Institute and the Industrial Fasteners Institute (IFI) continue their partnership to present Fastener Training Week — five intensive days of education and plant tours as part of the acclaimed FTI Certified Fastener Specialist™ (CFS) advanced technical training program. After completing this invaluable industry training in a small group environment and passing a final exam, attendees are eligible for the CFS designation. For more info go to: FastenerTraining.org

Fastener Training Week | Chicago | August 21-25, 2023


Registration is open for the 2023 International Fastener Expo at Mandalay Bay in Las Vegas from October 9-11, 2023.

The International Fastener Expo (IFE) is the ultimate business-to-business expo for all things fasteners, machinery & tooling, and industrial products in North America. IFE caters to every level of the supply chain, making it the go-to event for industry professionals like you.

In addition to the exciting networking opportunities, the conference and education program at IFE 2023 will GIVE YOUR BUSINESS A LEADING EDGE. Hear from industry leaders and keynote speakers who will share their expertise on a variety of topics, including business growth strategies, cutting-edge technology, in addition to IFE’s new “Fireside Chat” that will engage discussion between the speaker and audience. You’ll also gain insights into the latest fastener inspection equipment, fastener vending technology and other advancements in the industry.

Register today at FastenerShows.com



The stories featured in this week’s episode of IN THE NEWS can be found on Fastener News Desk or in our Twitter feed @FastenerNews and LinkedIn in the Fastener News Group!


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are-you-a-force-for-good?-we-supply-america-wants-to-tell-your-story-in-season-3!

Are You a Force for Good? We Supply America Wants to Tell Your Story in Season 3!

Are You a Force for Good? We Supply America Wants to Tell Your Story in Season 3

June 7, 2023 —The We Supply America RV has hit the road again for Season 3. This summer’s mission, like in the previous seasons, is to champion the noble calling of distribution and share the stories of those distributors who demonstrate what it means to be a “Force for Good.”

In the first two seasons, We Supply America executive producer and host Dirk Beveridge traveled over 31,000 miles getting to know 59 distributors, their frontline employees and the history of their businesses along the way.

Over those several months, distributors thoughtfully shared their visions for tomorrow.

Last year’s tour highlighted:

  • Inspiring stories of distribution leaders and their people.
  • Meaningful examples of transformative distribution leaders committed to the noble calling of distribution.
  • The changing needs of employees and how distribution companies can be the platform for the personal and professional growth of their people.

Once again, Beveridge is on a mission to celebrate the independent, family- and employee-owned businesses that are the backbone of this country, bettering communities small and large with meaningful jobs and economic stability. But this time, he’ll zero in on what it means to be a “Force for Good”, an idea he conceptualized after his two summers on tour.

“When we visited distributors across America to champion the noble calling of distribution, we also found distributors are a Force for Good, making a real impact on their society, partners, investors, customers and employees (SPICE),” said Beveridge. “We Supply America has allowed me to narrow in on the Employee aspect of this. Hearing heartfelt stories in the middle of warehouses has led me to believe that these businesses have a superpower – their family culture – and they are doubling down on that by reimagining what it means to be a purpose-driven employer.”

“We’re excited and honored to highlight companies in this year’s docuseries that emulate what it means to be a Force for Good. By placing a focus on growing their people, they are growing their business, and ultimately their impact on the world.”

Beveridge and the We Supply America RV want to stop at the most purpose-driven distributors as he crosses the country this summer. These tour stops spark unique employee celebrations that uplift spirits by showing each employee the importance and dignity of their role in the organization. Many distributors also leverage the tour stop in their marketing, recruiting and employee communications to further their mission.

“I don’t think anyone has been able to articulate what we do as distributors as well as you are doing on this tour you are on. I felt that we needed to be a part of it – to be a part of the story you’re telling. Helping our team understand the important role they fill in contributing to building America, that was great,” said Paul Kennedy, CEO of Dakota Supply Group, who was featured on last year’s tour.

Join us in our mission. If you’d like to learn more and be a stop on the tour, visit wesupplyamerica.net/tour/.

About We Supply America

With the help of sponsors, Infor and Wipfli, executive producer and host Dirk Beveridge is on a mission to celebrate distributors and their people as a Force for Good. We Supply America chronicles the leaders and frontline employees that define the innovative spirit and purpose-driven cultures that supply America. Executive Producer Dirk Beveridge has been a Champion for the noble calling of distribution for over 36 years. His one-of-a-kind perspective on the future of wholesale distribution has guided his mission to advance the growth, relevance, and transformation of the industry, helping distributors thrive.

Learn more by visiting https://www.WeSupplyAmerica.net.


Rethink Your Employee Value Proposition

2022 We Supply America Tour Launches in May to Keep Telling Distributors’ Stories

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afc-industries-acquires-white-distribution-and-supply

AFC Industries Acquires White Distribution and Supply

June 8, 2023

AFC Industries has acquired Muscatine, Iowa based White Distribution and Supply (White Distribution & Supply, LLC (whds.com). Terms of the deal were not disclosed.

For over 26 years White Distribution and Supply (WDS) has been providing a broad range of products, inventory management, and LEAN solutions to a broad range of customers who are themselves leaders in their respective markets.

WDS CEO John MacQuarrie said, “Over the past several years our team has continued to make investments that ensure we are positioned to supply excellent service to our customers and opportunities for our employees and supplier partners. We see this as a continuation of that strategy. AFC has the same commitment to excellence that has made us successful in the past, and together the businesses complement each other in ways that better align us to provide innovative solutions for our customers and growth opportunities for our stakeholders well into the future.”

AFC CEO Kevin Godin said, “We are always excited when we can partner with businesses that have the same core commitments we have, are managed by a team of industry professionals, and that add or strengthen our capabilities. WDS checks all those boxes, and together these businesses will be stronger and better positioned to grow and be successful.”

ABOUT AFC INDUUSTRIES

Headquartered in Fairfield OH, AFC Industries is a dynamic organization dedicated to providing supply chain management solutions on small components and tooling for a diverse base of manufacturers and assemblers across a broad range of industries. Through its experienced team and global resources, AFC excels at making customer manufacturing and assembly processes more efficient and cost-effective.

Website: www.afcind.com

In April 2021 AFC Industries was acquired by Bertram Capital, based in Foster City CA. www.bertramcapital.com


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fastener-distributor-index-(fdi)-|-may-2023

Fastener Distributor Index (FDI) | May 2023

The Fastener Distributor Index (FDI) survey for May, 2023 dropped again last month to 44.7 after reading 46.3 in April, seasonally adjusted. The Forward Looking Indicator (FLI) remained glum but ticked upward slightly to 40.6.

Key Takeaway:

The seasonally adjusted Fastener Distributor Index (FDI) weakened further to 44.7 compared to 46.3 in April. Respondents pointed to declining new business opportunities and general softening in the economy as the driver of the m/m decline. The Forward-Looking Indicator (FLI) improved slightly, albeit remaining well below the neutral-50 reading, reading 40.6 vs. April 37.8. Overall, the FDI/FLI results and Fastenal’s daily sales both suggest conditions remained soft in the fastener distribution market in May.

READ FULL FDI REPORT:

FDI_Report_May_2023


Stay tuned for episode #189 of the Fully Threaded Radio podcast for further commentary on the May 2023 FDI. Tune in at FullyThreaded.com


FND encourages all North American fastener distributors to take part in the FDI Monthly Survey.

If you are interested in being a more active part of the fastener industry, you can apply to add your company to the FDI survey group. Complete the “Request an Invitation to Participate” form by clicking here. Once verified, you will receive login ID and password information and you will be notified by email every month when the survey period has been opened.

– Fastener News Desk


About the Fastener Distributor Index (FDI).

The Fastener Distributor Index (FDI) was developed as a service to the fastener industry by the FCH Sourcing Network in 2012 to be a new benchmark for the fastener industry. The FDI is a monthly survey of North American fastener distributors, conducted with the FCH Sourcing Network and Baird with support from the National Fastener Distributors Association. It offers insights into current fastener industry trends/outlooks. Similarly, the Forward-Looking Indicator (FLI) is based on a weighted average of four forward-looking inputs from the FDI survey. This indicator is designed to provide directional perspective on future expectations for fastener market conditions. As diffusion indexes, values above 50.0 signal strength, while readings below 50.0 signal weakness. Over time, results should be directly relevant to Fastenal (FAST) and broadly relevant to other industrial distributors such as W.W. Grainger (GWW) and MSC Industrial (MSM).

The FDI Survey website is a resource than can be accessed by anyone, but it can only be updated by registered users during the monthly open survey period, which occurs during the last week of each month.


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Fastener Distributor Index (FDI) – April 2023

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in-the-news-with-fastener-news-desk-the-week-of-june-5,-2023

IN THE NEWS with Fastener News Desk the Week of June 5, 2023

Here’s what’s happening in fastener industry news and events the week of June 5, 2023.

Watch now on FastenerTV at YouTube: (8:23) 


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FINAL call for the Maryann Marzocchi WIFI Scholarship. Applications for the Education Scholarship are due today, June 5th! The $1,500 scholarship will be awarded to a woman to attend college or trade school. The recipient must have a female family member who is employed by a fastener company. For more info visit: https://www.fastenerwomen.com/scholarships.


Würth Industry North America announced the opening of a new Iowa facility. The distribution warehouse consists of 150,000 square feet of warehouse, dedicated space for automated fastener kitting and packaging, and office space. Würth Industrial US serves manufacturers across the region with its supply chain innovations and solutions. 

Würth Industry NA Announces Opening of New Bondurant, IA Facility


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In-person training happening this today and tomorrow Co-Produced by Industrial Fasteners Institute and the Fastener Training Institute. The training is being held at the IFI Headquarters in Independence, OH with Instructor: Laurence Claus, IFI Director of Education and Training

Monday, June 5th is Why Fasteners Fail in Service

This one‐day seminar will educate and familiarize participants with the basic concepts of why fasteners fail in service, first looking at basic failure mechanics.

Tuesday, June 6th is Fastener Standards 101 – Industrial Version

This one‐day seminar will explore how standards are developed and amended. Attendees will compare various standards to understand differences and similarities and will use practical application examples to become more comfortable with identification and use of fastener standards. For more go to FastenerTraining.org


Fastener Expo Shanghai 2023 (FES 2023) will take place Jun5-Jun7, 2023 at the National Exhibition and Convention Center in Shanghai, China. FES has been deeply rooted in the fastener industry for 13 years and has become one of the world’s top fastener exhibitions. For more info: https://fastenerexpo.cn/


International Fastener Expo 2023

International Fastener Expo 2023

 The International Fastener Expo is accepting nominations for the 2023 Fastener Hall of Fame and Young Fastener Professional of the Year prestigious Awards.

The Fastener Hall of Fame recognizes professionals who have made significant and enduring contributions to the industrial fastener industry on a national or global scale. Individuals selected for induction will join other honored industry members, including but not limited to inventors, business leaders, and educators.  The Young Fastener Professional of the Year award recognizes and honors a young professional who has made significant contributions to the fastener industry.

The recipients will be recognized at a special event during the International Fastener Expo and receive a commemorative plaque. The deadline for nominations has been extended to June 30th! Nominate today at FastenerShows.com: https://fastenershows.com/awards-events-page/ife-2023-awards/

IFE Official hotel accommodations are now open! To nominate or book your stay go to FastenerShows.com


Join the Pac-West Fastener Association for their After-Hours meetup at Bowlero South in Seattle, WA on June 8th from 5-8pm. Stop by and meet other people in the fastener industry and expand your professional network.  Pac-West will host one beverage per person along with complimentary appetizers! Registration is open at Pac-West.org https://www.pac-west.org/index.php?option=com_jevents&task=icalevent.detail&evid=548


Next generation advanced planning and scheduling is here! Optessa’s AI-driven optimization ushers in a new way for manufacturers to generate optimal plans and schedules in a fraction of the time. Respond to disruptions, meet delivery dates, reduce excessive parts inventory, eliminate costly idle time, and stabilize your supply chain. Request a live demo of Optessa’s NextGen APS platform today!

Visit https://www.optessa.com/ for more information! 


The 2023 National Fastener Distributors Association Annual Meeting will take place in Downtown Chicago, IL at the Radisson Blu Aqua Hotel June 13-14. Taking place will be the Board of Directors Meeting, Welcome Reception, NFDA Fastener Professional of the Year Award Presentation, Speakers, a State of the Industry Panel Program and more. For additional information go to NFDA-Fastener.org


NCFA

North Coast Fastener Association

The North Coast Fastener Association will host Cork-SCREW….Cheers to Fasteners event on June 22nd from 5:00-9:00PM. Join the NCFA for a casual evening out at the Sharon James Cellars located in Newbury, OH. Join the NCFA for a fun night out with industry friends including a Cornhole tournament.  Space is limited for this event! REGISTRATION DEADLINE: JUNE 12. For registration info go to NCFAOnline.com http://events.r20.constantcontact.com/register/event?llr=5rloivzab&oeidk=a07ejswmb3yc2b37e3f


To learn more about our NEWS SERIES: FASTENATING a limited time offer ‘Celebrating Your Success” Go to the Fastener News Group at LinkedIn. Your entry could be chosen for a FREE feature at Fastener News Desk which includes premium placement, link to your website, promo in the Fastener News communities, feature in an upcoming newsletter and ‘IN THE NEWS Podcast’ Entries may be submitted to lisa@fastenernewsdesk.com


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The Fastener Training Institute Announced Fastener Training Week will be held in Chicago on August 21st-25th, coinciding with the Mid-West Faster Association’s FSTNR Week! The Fastener Training Institute and the Industrial Fasteners Institute (IFI) continue their partnership to present Fastener Training Week — five intensive days of education and plant tours as part of the acclaimed FTI Certified Fastener Specialist™ (CFS) advanced technical training program. After completing this invaluable industry training in a small group environment and passing a final exam, attendees are eligible for the CFS designation. For more info go to: FastenerTraining.org


Registration is OPEN for MWFA FSTNR Week which will take place in Chicago August 20-24, 2023!

Members and attendees will experience a Bed Build event at Abbott Interfast to support the Sleep in Heavenly Peace organization, MWFA Member Plant Tours, A Print Reading Seminar, the 41st MWFA Fastener Show, A Retro 80’s Fastener Bash, Golf Outing, & Mixer.

For all the details go to www.mwfa.net

Registration form: https://mwfa.net/pdf/2023/exhibitors.pdf


Attention fastener industry professionals! Get ready for the most exciting trade show of the year! The 2023 International Fastener Expo is coming to Mandalay Bay in Las Vegas from October 9-11, 2023.

The International Fastener Expo (IFE) is the ultimate business-to-business expo for all things fasteners, machinery & tooling, and industrial products. As the largest fastener event in North America, IFE caters to every level of the supply chain, making it the go-to event for industry professionals like you.

Join thousands of attendees from over 30 countries in the trade show capital of North America, Las Vegas, Nevada. This vibrant city offers a perfect backdrop for networking and doing business with hundreds of suppliers showcasing a wide range of fasteners for various industries, including construction, aerospace, military, electrical, and automotive. The Official IFE 2023 Hotel Accommodations are now open. Go to FastenerShows.com


Sleep in Heavenly Peace – AZ Community Impact

BTM Manufacturing, Domestic Fastener Manufacturer is partnering with Issco, Inc, Twin Lakes Insurance, and Wachter Inc for an upcoming event to help support the good work of the Sleep in Heavenly Peace Organization. Help Jake and his team build 100-beds on June 10th. There is a couple of ways to get involved. Volunteer To Help Build or Donate funds. The cost of this project is $25,000.  Donated funds will provide the necessary lumber and hardware to build and assemble the beds as well as provide the mattresses, pillows, and bedding to make them complete. Every child deserves a warm, soft, and safe place to sleep at night and with your help we can see that NO KID SLEEPS ON THE FLOOR IN ANY TOWN! For more info on how you can help go to @BTMmfg on twitter. Together we make sure that every child has a bed to sleep in.

Donate: interland3.donorperfect.net/weblink/weblin

Help Build Beds: signupgenius.com


The stories featured in this week’s episode of IN THE NEWS can be found on Fastener News Desk or in our Twitter feed @FastenerNews and LinkedIn in the Fastener News Group!


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safeguarding-your-data:-optessa-cloud-hosting-solution

Safeguarding Your Data: Optessa Cloud Hosting Solution

Fastener News Desk Spoke with Optessa to learn about the Optessa Cloud Hosting Solution & Safeguarding Your Data

FND: Hello Amit. Thank you for meeting with Fastener News Desk to teach our community about adopting a Cloud Based Advanced Planning and Scheduling (APS) application. Please introduce yourself to our readers.

Amit: I am Amit Lonkar, Director of Technical Services with Optessa. I would like to share with you how Optessa can help you grow your business by engaging in the Optessa Cloud Advanced Planning and Scheduling application.

At Optessa, we understand that success in manufacturing hinges on effective coordination across your entire supply chain. Our cutting-edge software serves as a reliable foundation, enabling seamless coordination in the most cost-effective manner for your organization.

As a global leader among APS software providers, Optessa is dedicated to delivering comprehensive solutions that transform your operations with mathematically guaranteed results.

FND: Can you tell us about Optessa’s latest version 7.4 and what modes of accessibility to the technology are available?

Amit: With our latest version 7.4, we proudly support all major cloud platforms, including Google, AWS (Amazon Web Services), and Microsoft Azure. Your business will have the capability to unlock the power of cloud technology with Optessa’s Advanced Planning and Scheduling (APS) application.

You can choose your cloud deployment mode. We offer our clients the Fully Managed Software as a Service (SaaS) Model where you will experience hassle-free operations with Optessa’s fully managed SaaS model. We host and maintain the application on Google Cloud Platform, ensuring optimal performance and reliability so you can focus on your core business while we handle the technical aspects seamlessly.

FND: What if the client prefers to deploy the technology on their preferred cloud platform or servers?

Amit: If you prefer to manage your own cloud environment, Optessa gives you the flexibility to deploy on a cloud platform of your choice. Take charge of your Cloud Platform management while leveraging the powerful capabilities of our APS application. At Optessa, we understand that different businesses have diverse requirements. If you wish to deploy the Optessa software on platforms like Rackspace or Oracle, we’ve got you covered. Our team is equipped to work with you and deploy the software seamlessly on these platforms, providing you with the flexibility you need.

FND: Does it matter which database technology the client is already utilizing when using Optessa?

Amit: At Optessa, we believe in providing comprehensive solutions that cater to your unique database needs. Our Advanced Planning and Scheduling (APS) application is designed to seamlessly integrate with a wide range of databases, ensuring compatibility and optimal performance for your organization.

With extensive testing and meticulous development, we proudly support a diverse range of databases on the cloud. Our commitment to excellence means that you can trust Optessa APS to seamlessly operate with your preferred database systems.

FND: Which databases are compatible with the Optessa Cloud Advanced Planning and Scheduling application?

Amit: Optessa clients will experience unparalleled compatibility when choosing Optessa APS.  You will gain access to a vast network of supported databases, ensuring seamless integration and optimal performance. Our dedication to compatibility ensures that you can focus on maximizing your productivity without worrying about technical hurdles.

Optessa APS is designed to seamlessly integrate with Google Cloud SQL. We provide comprehensive support for three databases within the Google Cloud SQL ecosystem: PostgreSQL, SQL Server, and more. Harness the full potential of these databases, leveraging the power of Optessa APS to drive your planning and scheduling processes.

Our commitment to versatility extends to Amazon Web Services (AWS) as well. Optessa APS supports a wide array of databases available on AWS, including the popular Amazon Aurora. You can count on us to empower your operations, regardless of your chosen database solution within the AWS environment.

FND: Can you provide more information about the Optessa Service-Level Agreement (SLA) when choosing the Optessa Cloud Advanced Planning and Scheduling application?

Amit: At Optessa, we understand the criticality of reliability and uninterrupted service for our clients. That’s why we proudly offer a robust Service-Level Agreement (SLA) of 99.9%, ensuring your operations remain smooth and uninterrupted. By choosing Optessa, you gain the assurance of uninterrupted operations with our strong SLA and reliable infrastructure. Our commitment to resilience, redundancy, and security empowers you to focus on your core business while we handle the technical aspects seamlessly.

Here’s why we can confidently provide such a strong SLA.

  • Optessa’s application is strategically deployed across multiple regions. This includes a primary region and a disaster recovery region, providing a solid foundation for continuous operations. In the event of any issues, our system seamlessly fails over to the designated secondary region, guaranteeing uninterrupted service.
  • To further bolster reliability, Optessa’s application and engine servers are deployed across multiple zones within each region. This redundancy ensures that even in the face of localized failures, your operations remain unaffected. We prioritize safeguarding your business continuity.

FND: What measures does Optessa take to insure protection and availability of a client’s data?

Amit: Data is paramount to your operations, and we take its protection seriously. Optessa employs real-time database synchronization to a secondary database server. This ensures that in the event of a failover to the secondary server, no data is lost, enabling seamless transition and uninterrupted workflow.

To mitigate any potential disruptions, Optessa maintains a fully redundant infrastructure in the secondary region. This means that if the primary region encounters issues, such as the US East Coast, we seamlessly switch over to the US West Coast, guaranteeing continuous service delivery.

 FND: What additional security measures are in place in case of disaster?

Amit: At Optessa, security is a top priority. To ensure a highly secure environment, all access to our application is routed exclusively through a load balancer URL. This eliminates direct access to individual servers, providing an additional layer of protection for your sensitive data and operations.

We prioritize the security of your application and data. To maintain a robust security posture, Optessa enforces access to servers exclusively through a Virtual Private Network (VPN) or a bastion host. This ensures that only authorized personnel can access the servers, safeguarding your application and its integrity.

We recognize the paramount importance of data security and the sensitive nature of your valuable information. We have implemented robust measures to safeguard your data, partnering with industry-leading solutions such as ESET antivirus, encryption technologies, and more.

To provide comprehensive protection against malware, viruses, and ransomware, all our servers, virtual machines, and laptops are fortified with ESET endpoint security and malware protection. This advanced security solution safeguards your systems, preventing unauthorized access and ensuring the integrity of your data.

Data encryption is a vital component of our security strategy. We employ industry-standard encryption methods to protect your data at multiple levels. Windows laptops and servers are encrypted using BitLocker, while MacBooks utilize FileVault encryption. Additionally, the SAN (Storage Area Network) in the Optessa data center is encrypted using AES (Advanced Encryption Standard) 256 cipher, ensuring the highest level of security for your stored data.

At Optessa, data security is not just a priority; it’s an unwavering commitment. We continually assess and update our security measures to stay ahead of emerging threats, providing you with peace of mind and the confidence that your data is protected by industry-leading security practices.

FND: What best practices does Optessa employ regarding backup of information?

Amit: At Optessa, we prioritize business continuity and safeguarding against potential risks. Through a strong business continuity plan, ongoing employee training, and robust security measures, we strive to eliminate errors and protect your systems. Here’s how we address these crucial aspects:

Optessa maintains a well-documented business continuity plan to ensure the continued operation of your systems and minimize disruptions in the event of unforeseen incidents. We conduct regular disaster recovery tests to validate the effectiveness of our plan, making any necessary adjustments to enhance its resilience.

FND: Does Optessa provide ongoing training for employees being that technological advances are forever evolving?

Amit: To reduce the potential for human errors, we emphasize ongoing employee training and education. By continually updating our employees on best practices and emerging trends, we strive to minimize the risk of user-related errors. Our dedication to training ensures that our team remain well-equipped to handle our clients’ systems efficiently and effectively.

FND: You mentioned version 8.0 earlier in our discussion. Can you provide us with any information on NEW features in Optessa’s v8.0?

Amit: With the upcoming release of Optessa v8.0, we are thrilled to announce our support for Docker and Kubernetes orchestration platforms. This integration opens doors to unparalleled scalability and cost efficiency for your business. Here’s what clients can expect:

  • Optessa APS, coupled with Docker and Kubernetes, empowers your application to dynamically scale resources based on workload demands. As the load increases, the system automatically provisions additional resources to ensure optimal performance. Conversely, during periods of lower demand, resources are scaled down, reducing hosting costs without compromising efficiency.
  • By harnessing the power of Docker and Kubernetes, Optessa APS ensures your resources are utilized efficiently, optimizing performance, and reducing hosting costs. Say goodbye to overprovisioning or underutilization, as our integrated solution dynamically adapts to your workload, providing cost savings without sacrificing productivity.
  • Optessa APS’s commitment to innovation means we continually adapt to the evolving needs of our customers. By embracing Docker and Kubernetes orchestration platforms, we future proof your operations, ensuring you have the flexibility and scalability to thrive in a rapidly changing business landscape.

FND: What are the most compelling benefits clients should consider when choosing the Optessa Cloud?

Amit: When it comes to advanced planning and scheduling, Optessa Cloud stands out as the optimal choice for businesses seeking efficiency, security, and cost-effectiveness. Here are just a few of the benefits that set us apart:

  • Unparalleled Uptime and Disaster Recovery: Optessa takes pride in delivering a service-level agreement (SLA) guaranteeing an impressive uptime of 99.9%. In the unlikely event of a major failure on the Cloud Platform, our robust architecture ensures a swift return to operations within a few hours. With Optessa you can trust in the continuity of your critical business processes.
  • Strongest Standard Security Measures: We prioritize the security of your data and applications. Optessa Cloud employs the strongest standard security protocols to safeguard your information. With single sign-on and data encryption in transit, combined with AES (Advanced Encryption Standard) 256 cipher, your sensitive data remains protected throughout its journey. Additionally, our deployments are single tenant, ensuring that resources are dedicated exclusively to your organization, further enhancing security and isolation.
  • Protection Against DDoS Attacks: Security is a top priority at Optessa. To protect against Distributed Denial of Service (DDoS) attacks, we utilize industry-leading solutions such as Cloudflare and Google Cloud Armor. These robust security tools are designed to detect and mitigate DDoS attacks, ensuring the availability and performance of your systems even in the face of malicious traffic.
  • Streamlined IT Operations and Cost Savings: Optessa Cloud offers a streamlined approach to IT operations, reducing the burden on your organization. By leveraging our cloud-based solution, you can significantly reduce IT orders, freeing up valuable resources and driving down costs. Say goodbye to lengthy procurement processes and infrastructure management headaches—the Optessa Cloud empowers you to focus on your core business while we handle the technical intricacies.

FND: Where can clients continue to learn more about Optessa? Do you have a blog or podcast?

Amit: You can learn more about Optessa Cloud by visiting: https://info.optessa.com/cloud.

I also encourage you to view my latest blog on the topic: https://www.optessa.com/benefits-of-adopting-a-cloud-based-production-scheduling-solution/. Additionally, Optessa just launched a podcast, ‘Optimization Please’ where we highlight short stories about manufacturers addressing their problems through optimization.

FND: Thank you for speaking with us, Amit and for introducing our audience to Advanced Planning and Scheduling (APS) technology. This technology can certainly be a game-changer for B2B industrial manufacturing and distribution businesses aiming to scale and digitize their operations. We learned that APS technology offers a range of benefits that will enable organizations to achieve enhanced efficiency, accountability, and analytics, all which assist in propelling your business forward. 

Since the pandemic B2B industrial distributors and manufacturers have experienced many changes, such as supply chain issues, the need for digitization, and having the ability to adapt to changes very quickly to name just a few. The Optessa APS technology has the ability to provide real-time visibility into operations, enabling businesses to track and monitor key metrics, identify bottlenecks, and make data-driven decisions. We hope you enjoyed our conversation with Amit and you have a better understanding of APS technology. With the power of APS technology your organization can gain a competitive edge by streamlining operations, improving productivity, and delivering superior customer experiences in the increasingly digital marketplace.

Join Optessa’s Global Community

Join the ranks of global enterprises who have chosen Optessa as their trusted APS partner. With our proven track record, we have successfully empowered organizations worldwide to overcome their planning and scheduling hurdles and achieve remarkable outcomes.

Unleash your business’s true potential with Optessa’s Cloud Advanced Planning and Scheduling Application.

Contact Optessa today to learn how we can propel your organization forward, deliver cost savings, and foster sustainable growth. Together, let’s revolutionize your operations and achieve unprecedented success.

Optessa.com


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Camcar Purchases Ttap® Brand and Technology

CAMCAR INNOVATIONS - Acument Intellectual Properties, Llc Trademark  Registration

Camcar is happy to announce that we have purchased the assets of our partner, Ttapdrive AS on 24May2023. Ttapdrive AS is a Norwegian company that created the ttap® brand of drive systems. Camcar and Ttapdrive already cooperated in a partnership for over 10 years to promote the Torx® ttap® drive system through many quality distribution channels in the construction industry. Torx® ttap® provides leading stability (anti-wobble) and stick fit allowing increased productivity and lower injuries on job sites. Try it and you will Feel the Difference™. The brand and technology fit very well with Camcar’s mission to be a leading technology provider in the fastener industry.

Camcar is a leading R&D organization that develops and sources fastener technology that offers meaningful improvements in performance and assembly ease and solves real world problems. Our products are manufactured by a global network of quality manufacturers making it easy for end users to find reliable and trusted sources.

About CAMCAR Innovations® 

CAMCAR Innovations® is in the business of licensing fastener technology to more than 180 companies all over the world who in turn supply to hundreds of thousands of end assembly manufacturers.  We continue to offer market leading solutions that have relevance across many industries and regions.  And our name reinforces our drive to be the leading innovators, just as our founders were.  We are guided daily by our vision to “make assemblies better worldwide”.  We intend to do this by globally licensing the most impactful technologies supported with superior services, tools and information making it simple to implement our highly functional cost effective solutions.

Content Source: 



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True North Acquires Prodex Supply Inc.

True North Equity Partners

True North Family of Companies Acquires Prodex Supply Inc. of Eden Prairie, Minn.

Prodex Is a Fastener & Hardware Distribution Company

MINNEAPOLIS – June 5, 2023 – The Minneapolis-based True North Family of Companies is pleased to announce the acquisition of Prodex Supply, Incorporated, of Eden Prairie, Minnesota. The deal was finalized on May 31.

Prodex Supply, Incorporated, is a distributor of high-quality specialty fasteners and hardware.

“We are eager to bring our focused team and growth mindset to Prodex and to support the company that Steve and Adam Clawson have built,” said True North COO James Groenewold. “We look forward to building on the company’s impeccable reputation for expertly serving distinct customer needs.”

“Steve Clawson started Prodex in 1986, and now, with him retiring, I’m eager to see the company remain strong,” said Adam Clawson, who will remain as the True North operating lead and general manager at Prodex. “I look forward to the partnership that Brian Slipka and True North is going to provide moving forward. My dad’s legacy is in great hands and the future is bright!”

True North is a family of independent businesses that spans diverse sectors: packaging, transportation & logistics, precision manufacturing, distribution, technology, business services, consumer goods, hospitality, sports, and real estate. This portfolio of individual businesses generates over a quarter billion dollars in annual revenue.

More information about The True North Family of Companies is available at https://www.truenorthequitypartners.com/

Source: True North Equity Partners



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Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

NEWS PROVIDED BY

Institute for Supply Management 

01 Jun, 2023, 10:00 ET

New Orders and Backlogs Contracting; Production and Employment Growing; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers’ Inventories Too High; Prices Decreasing; Exports Unchanged; Imports Contracting

,  /PRNewswire/ — Economic activity in the manufacturing sector contracted in May for the seventh consecutive month following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee:

“The May Manufacturing PMI® registered 46.9 percent, 0.2 percentage point lower than the 47.1 percent recorded in April. Regarding the overall economy, this figure indicates a sixth month of contraction after a 30-month period of expansion. The New Orders Index remained in contraction territory at 42.6 percent, 3.1 percentage points lower than the figure of 45.7 percent recorded in April. The Production Index reading of 51.1 percent is a 2.2-percentage point increase compared to April’s figure of 48.9 percent. The Prices Index registered 44.2 percent, down 9 percentage points compared to the April figure of 53.2 percent. The Backlog of Orders Index registered 37.5 percent, 5.6 percentage points lower than the April reading of 43.1 percent. The Employment Index indicated another month of expansion, registering 51.4 percent, up 1.2 percentage points from April’s reading of 50.2 percent. The Supplier Deliveries Index figure of 43.5 percent is 1.1 percentage points lower than the 44.6 percent recorded in April; this is the index’s lowest reading since March 2009 (43.2 percent). The Inventories Index dropped 0.5 percentage point to 45.8 percent; the April reading was 46.3 percent. The New Export Orders Index reading of 50 percent is 0.2 percentage point higher than April’s figure of 49.8 percent. The Imports Index remained in contraction territory, registering 47.3 percent, 2.6 percentage points lower the 49.9 percent reported in April.”

Fiore continues, “The U.S. manufacturing sector shrank again, with the Manufacturing PMI® losing a bit of ground compared to the previous month, indicating a faster rate of contraction. The May composite index reading reflects companies continuing to manage outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. However, there is clearly more business uncertainty in May. Demand eased again, with the (1) New Orders Index contracting at a faster rate, (2) New Export Orders Index slightly improving to 50 percent, (3) Customers’ Inventories Index persisting at the low end of ‘too high’ territory, a negative for future production and (4) Backlog of Orders Index dropping to a level not seen since the Great Recession. Output/Consumption (measured by the Production and Employment indexes) was positive, with a combined 3.4-percentage point upward impact on the Manufacturing PMI® calculation. The Employment Index expanded for the second month (and at a faster rate) after two months of contraction, and the Production Index moved back into expansion territory. Regarding employment, panelists’ comments continue to indicate near equal levels of activity toward expanding and contracting head counts at their companies, amid mixed sentiment about when significant growth will return. Inputs — defined as supplier deliveries, inventories, prices and imports — continue to accommodate future demand growth. The Supplier Deliveries Index indicated faster deliveries, and the Inventories Index dropped further into contraction as panelists’ companies manage inventories exposure. The Prices Index fell back into ‘decreasing’ territory (and in dramatic fashion) after one month of increasing prices. Manufacturing lead times clearly improved in the month.

“Of the six biggest manufacturing industries, only one — Transportation Equipment — registered growth in May.

“New order rates contracted further, as panelists remain concerned about when manufacturing growth will resume. Panelists’ comments again registered a 1-to-1 ratio regarding optimism for future growth and continuing near-term demand declines. Supply chains are prepared and eager for growth, as panelists’ comments and the data support reduced lead times for their companies’ more important purchases. Price instability remains and future demand is uncertain as companies continue to work down overdue deliveries and backlogs. Seventy-six percent of manufacturing gross domestic product (GDP) is contracting, up from 73 percent in April. A larger number of industries contracted strongly, as the proportion of manufacturing GDP registering a composite PMI® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — increasing to 31 percent in May, compared to 12 percent in April. May performance was clearly weaker compared to April,” says Fiore.

The four manufacturing industries that reported growth in May are: Nonmetallic Mineral Products; Furniture & Related Products; Transportation Equipment; and Fabricated Metal Products. The 14 industries reporting contraction in May, in the following order, are: Wood Products; Primary Metals; Apparel, Leather & Allied Products; Textile Mills; Paper Products; Printing & Related Support Activities; Petroleum & Coal Products; Chemical Products; Food, Beverage & Tobacco Products; Computer & Electronic Products; Electrical Equipment, Appliances & Components; Plastics & Rubber Products; Miscellaneous Manufacturing; and Machinery.

WHAT RESPONDENTS ARE SAYING

  • “Overall impact for our business is mixed. Our scientific instrumentation business continues to be weakened by lending to support capital purchasing, while services and consumables stay on track and continue to increase in some markets. Hiring has slowed in response to continued global uncertainty on inflation and unrest in Europe.” [Computer & Electronic Products]
  • “Demand continues to gain momentum due to new business pipelines finally yielding billable production. Personal care and home care are drivers.” [Chemical Products]
  • “We continue to have a strong backlog for our customer orders; however, new orders are slowing. Our supplier on-time delivery continues to be a challenge for us, and we still face price increases on a weekly basis. Labor shortages are getting better within our organization and throughout our supply chain.” [Transportation Equipment]
  • “Pricing seems to be becoming the primary focus of supply and sourcing teams, as customers and consumers are beginning to push back. While inflation is easing on some discretionary goods, high food costs persist across most categories.” [Food, Beverage & Tobacco Products]
  • “Business is returning to pre-pandemic levels. There is increased demand in commercial/government markets and reduced demand in residential/consumer markets.” [Machinery]
  • “Less volatility in customer demand from one month to six months out; seeing signs of slowing in the second half of 2023 and potentially into early 2024. Logistics, particularly from East Asia, continue to return to historical-level transit times; Europe and India remain elevated. Supply shortages are limited to select items only. Suppliers are still seeking price increases but are too late to be asking now.” [Fabricated Metal Products]
  • “Although sales are slightly lower, they are holding at current rate — soft, not catastrophic.” [Furniture & Related Products]
  • “Moderate increase in customer orders/demand, supplier deliveries improving, and raw material prices stable to soft.” [Plastics & Rubber Products]
  • “Business conditions are good, demand remains strong, and we are continuing to ramp up production to keep up.” [Miscellaneous Manufacturing]
  • “Industrial and high-tech demands are pushing out, as a slowdown is clear. This is stunting growth and currently making 2023 demand look flat to only slightly up, compared to original projections of 10-percent growth.” [Electrical Equipment, Appliances & Components]

READ FULL RELEASE: 

About Institute for Supply Management®Institute for Supply Management® (ISM®) serves supply management professionals in more than 90 countries. Its 50,000 members around the world manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 as the first supply management institute in the world, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM leads the profession through the ISM® Report On Business®, its highly regarded certification programs and the ISM® Advance Digital Platform. This report has been issued by the association since 1931, except for a four-year interruption during World War II.


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