August 22, 2022 – NEFCO, a leading partner to the professional construction trades, has completed the acquisition of Newman Associates headquartered in Canton, Massachusetts. This is NEFCO’s seventh acquisition since 2017 and third acquisition in 2022.
Founded in 1964, Newman Associates is a value-added distributor of pipe hangers and supports – with integrated engineering and fabrication capabilities – to the construction, infrastructure, and water & wastewater treatment industries.
“Newman has been a fierce competitor of ours for decades and we couldn’t be more excited to join forces as one company and continue to grow our presence in New England and better service our customers,” states NEFCO President & CEO, Matthew Gelles. “Newman’s engineering, fabrication, and technical expertise in pipe hangers & supports makes them the perfect partner for NEFCO and we feel very fortunate to welcome them on board as we continue to expand on our SHARP® product offering and service capabilities.”
“I know I speak for our entire team at Newman when I say we are eager and ready to join the NEFCO family. With our combined SHARP® experience and knowledge of close to 100 years, we look forward to better serving our plumbing, HVAC, electrical, and fire protection customers,” states Newman Associates President, Rich Tamulionis. “We pride ourselves on being the ‘Pipe Supports Specialists’ and our new partnership with NEFCO allows us to combine forces and focus on broadening NEFCO’s tremendous SHARP® product offering.”
For more information, email: Inquiries@nefcocorp.com, visit our website: www.GoNefco.com. About NEFCO NEFCO is a family owned and operated construction supply company providing a broad range of products and services to a large variety of professional contractors. With 20 locations along the East Coast, NEFCO provides localized, contractor-centric services including extensive industry expertise, large local inventories, fast dependable jobsite delivery, turnkey engineering services, and specialty fabrication and assembly of construction materials.
About Newman Associates Founded in 1964, Newman Associates has built a reputation in the New England area as the pipe support specialist. Newman Associates has fully integrated SHARP® capabilities, offering engineering, fabrication, and technical expertise across all pipe hangers & supports.
Hello, Exhibitors of the 2022 International Fastener Expo! It’s really going to be a epic year in Vegas for many reasons. It’s the first year since the pandemic that we will return in full force to represent the fastener industry at the largest B2B expo for fasteners, tooling and machinery. Over the past two years, in-person live events experienced significantly lower traffic and in some cases cancellation. I think we can all agree getting back to in-person events and returning to normality is something all of us are craving at this point. This year will mark the 41st edition of the International Fastener Expo, which was acquired by Emerald Expo back in 2015.
IT’S GAME ON IFE EXHIBITORS! The Fastener News Desk Best Booth Awards return to the 2022 International Fastener Expo! The IFE will be sponsoring the Best Booth Awards (that are pretty dang cool) from Trophy Smack!
This year will be an exceptional one no matter which way you look at it. We’ve just come out of a two year pandemic which changed business and forced entire industries and supply chains to move towards digital experiences. We’re really looking forward to meeting with exhibitors and attendees to hear about their business transformation over the past two years.
We look forward to seeing your Booth design, marketing, creativity, and plans to connect your brand with attendees!
This year were so excited to be BACK in-person, we plan to immortalize your hard-earned victory with a professional-grade championship belt.
BEST BOOTH AWARD CATEGORIES:
BEST OVERALL BOOTH
BEST GROUP
BEST CUSTOMER EXPERIENCE
BEST GIVEAWAY
BEST CREATIVITY
BEST NEW/OR USE OF TECHNOLOGY
The 2022 Best Booth Award winners will be announced following the event and awardees are going LOVE their professional-grade championship belts to show off!
The IFE has also added a first-time Keynote Speaker. Exhibitors and attendees will enjoy hearing from Dirk Beveridge, a leading advocate of change and innovation. As one of the country’s most outstanding speakers, he provides a new voice, a new energy, and a new outlook. Dirk’s presentations are unparalleled. He delivers original, proven, and often disruptive thinking. The Keynote Session is: Innovate! How To Create Relevancy In The Age of Disruption. 85% of distribution leaders believe that they must reinvent their business before someone else does. As you continue to operate the business today, how can you unleash the spirit of innovation to build a relevant, stronger, and more profitable future? The answer will become apparent throughout Dirk’s inspiring and informative presentation as he introduces the five elements of The Innovative Distributor™️.
This year’s expo also features the 2022 IFE Golf Tournamentat the Bali Hai Golf Club, FTI Training class How Fasteners are Made and What Drives the Cost of a Fastener | Meeting Room: Palm A, The Welcome Reception | Daylight Pool at the Mandalay Bay. Plus, several expo floor educational sessions including: The Five Ideals of the Ecommerce Experience | Speaker: Jason Hein, Bloomreach, Why 3D Printing Will Have an Impact on Fasteners | Speaker: AJ Strandquist, Wurth Additive Group, and several others. Check out all the sessions here.
This week the Midwest Fastener Association hosts FSTNR WEEK which kicked off over the weekend with some fun recreation and a charitable bed building event that benefits the Sleep in Heavenly Peace organization that believes that a bed is a basic need for the proper physical, emotional, and mental support that a child needs.
FSTNR Week includes a Fastener Show, Training, and Networking. http://MWFA.net
This week also marks the beginning of FTI’s Fastener Training week 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 is 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. Who will become the industry’s next Certified Fastener Specialist™ (CFS) designation? Go to FastenerTraining.org to find out the next opportunity to become a CFS!
The Fastener Industry’s Favorite Podcast
Listen Up #ThreadHeads🎙@FullyThreaded Radio Episode 179 (Big Fastener) is LIVE! When big fastener co.’s acquire other big fastener co.’s, and people who know big #fasteners talk about it, you have the makings of an aptly titled podcast. Listen to the industry’s favorite podcast at http://FullyThreaded.com
NORMA Group receives recognition from Boeing for outstanding performance. The Boeing Company issues the Supply Chain Performance Achievement award annually to recognize suppliers who have achieved superior performance. This year, Boeing recognized 240 suppliers who achieved either a Gold or Silver level Supply Chain Performance Achievement. NORMA Group is one of only 43 suppliers to receive the Gold level of recognition.
MDM’S 2022 TOP DISTRIBUTORS LIST was released last week: Several fastener companies made the list including: EFC, Fastenal, Field Fastener, Wurth, Bisco, Optimas and several others. Check out all the companies that made the MDM’s 2022 Top Fastener Distributor List featured at Fastener News Desk. Click here.
Congratulations to Packer Fastener, they made the 2022 Inc.5000 list. Coming in at No. 4294 (2022) with 106% 3-Year Growth. Read more:
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!
ATTENTION 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!
The International Fastener Expo announced that the first time in the history of the expo they have added a Keynote Speaker. Dirk Beveridge will keynote IFE 2022. Dirk is a visionary entrepreneur and the founder of UnleashWD. With his one-of-a-kind perspective on the future of wholesale distribution, Dirk has been leading major change for over 35 years to advance growth, relevance, and transformation.
In 2021 Dirk produced the We Supply America tour including an eight-film docuseries highlighting and championing the noble calling of distribution. Dirk has authored four books including the bestselling INNOVATE! How Successful Distributors Lead Change In Disruptive Times.
Dirk Beveridge is a leading advocate of change and innovation. As one of the country’s most outstanding speakers, he delivers a new voice, a new energy, and a new outlook. Dirk’s presentations are unparalleled. He delivers original, proven, and often disruptive thinking. Read more:
REGISTRATION IS NOW OPEN FOR Fastener Training Institute’s “How Fasteners are Made and What Drives the Cost of a Fastener” CLASS that will take place at the International fastener Expo. For Registration and more info go to: https://fastenershows.com/fti-class/
In Manufacturing News…
📌 45 days until Manufacturing Day! This year the month-long celebration of MFG Day 2022 will kick-off on 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 helpful resource guide, toolkit and all you need to get started planning your Manufacturing Day event at MFGDay.com Use #MFGday22 to share your event!
In Fastener Event News …
Tuesday, September 6TH is a NEW from the Fastener Training Institute: Understanding the Value Your QMS Brings to Your Organization. LIVE, TWO-HOUR ONLINE TRAINING, Co-Produced by Industrial Fasteners Institute. Go to FastenerTraining.com to register.
Pac-West Fastener Association 2022 Fall Conference. September 14th-17th in Denver, CO. Registration is now open go to pac-west.org
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!
Industrial products are comprehensive and purchasing them online can lead to poor customer experiences when utilizing faceted search. The Product Genius’s grid technology allows clients to search, sort and purchase 100’s of products from a one-page buying experience.
PGT’s services also include, data cleaning and preparation, consulting, and strategizing. Contact ProductGeniusTechnology.com or call 1-800-fasteners to find out how to get started today.
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: lisa@fastenernewsdesk.com.
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.
Jergens continues strategic vision focusing on core manufacturing business.
CLEVELAND, OH (August 22, 2022) – Jergens Inc., the leading manufacturer of standard tooling components, fasteners, hoist rings, vises and other work holding equipment, is announcing the sale of subsidiary JIS Distribution, LLC to diversified holding company PT Solutions is formally complete.
“Today’s announcement is a bittersweet one, but marks an exciting turning point in the story of our family business,” said Jack Schron, President of Jergens Inc. “As we look to the future of this company, it is clear that our greatest opportunities lie in manufacturing – the original roots of our business.”
This transfer of ownership comes as the result of the strategic vision that seeks to align the company’s focus on its core manufacturing business. Founded in 1942, Jergens’ innovative pioneering of lean manufacturing served to quickly expand the company into a multifaceted integrated service line complete with its own distribution division in the form of JIS. In 2020, family shareholders reached a decision to divest from their distribution business and concentrate on growing the company’s already strong position in the manufacturing market.
Schron reinforces that the family-owned company and its 400 employees remain committed to the collective mission of helping customers achieve leaner, more profitable manufacturing efficiency.
“Our shareholders remain committed to our corporate family and to our customers. We will continue to build this company on the values we demonstrate every day and will be there to support and serve our customers with the very best service,” Schron said.
For more information about the Jergens Inc. brand family and its industry-leading line of standard tooling components, fasteners, hoist rings, vises and other work holding equipment visit jergensinc.com.
About Jergens Inc. Jergens, Inc., the leading manufacturer of standard tooling components, fasteners, hoist rings, vises and other work holding equipment. Founded in 1942, Jergens Inc. has grown into three separate operating divisions, each operating autonomously and responsible for providing value to customers in the metalworking and manufacturing industries. Jergens Inc. manufactures over 80% of what the company sells in its 130,000 sq. ft. Cleveland-based facility, guaranteeing you high quality, competitive pricing and immediate availability. For more information visit jergensinc.com.
SADDLE BROOK, NJ, August 16, 2022 – Arrow Fastener, the leader in manual, electric and cordless fastening tools, and manufacturer of the world’s best-selling staple gun, the T50®, announced today it has promoted Justin Sumner to vice president, sales.
In his new position, Sumner will oversee and manage all aspects of sales function for Arrow, including distribution and channel strategy, market competitiveness, pricing and compensation. He will report to chief operating officer, Roberto Izaguirre, and will provide support and strategic direction to the sales team in order to meet the company’s customer acquisition and revenue goals. Prior to moving into his new role, Sumner served as director, North American and Canadian sales at the company.
“As Arrow continues down a path of growth and expansion, it is crucial we have the necessary talent in place to lead the charge and sustain long-term success,” said Roberto Izaguirre, COO, Arrow Fastener Company, LLC. “We’re proud to celebrate Justin as he moves into this leadership role, further strengthening both our national and international sales strategies.”
Before joining Arrow in 2014, Sumner worked at Ohio-based ClosetMaid, a worldwide leader in home storage and organization, as national account manager. Sumner graduated from Troy University with a bachelor’s degree in marketing.
Arrow Fastener Company, LLC is a US-based manufacturer of staple guns, glue guns, and rivet tools located in Saddle Brook, NJ. Since 1929, Arrow has been a leader in fastening solutions in the big box home improvement and traditional hardware retail channels. For more than five decades, the T50® staple gun has been the industry standard, as the world’s best-selling staple gun. Today, Arrow Fastener is a trusted supplier of reliable, innovative, and affordable products for the building trade professional and do-it-yourselfer. In July 2017, Arrow was acquired by Hangzhou GreatStar Industrial Company, a $2.2B Chinese manufacturer of forklifts, hand and power tools, robotics systems, and laser measuring devices. Arrow now serves as GreatStar’s US headquarters for sales, marketing, and distribution of GreatStar’s branded tool product portfolio. For more information, visit www.arrowfastener.com.
Q: What hardness should metric through hardened steel plain washers conform to?
A: WATCH VIDEO NOW TO GET THE CORRECT ANSWER.
Eurolink is the premier US distributor of metric fasteners and fastener lines with hard-to-find metric fasteners manufactured to both DIN and ISO standards. As the nation’s leading source for hard-to-find metric fasteners, Eurolink offers access to more than 100,000 quality C-class parts from countries such as Germany, Italy, Switzerland, Poland, Spain, France, and Great Britain. Regardless of your required size, material, or finish, Eurolink FSS has the European resources to meet your demands.
If you’re looking for a top fastener supplier you’ve found one!
Eurolink is committed to providing you fast HASSLE-FREE ordering, fair pricing, and timely delivery. Are you spending hours searching fastener websites or catalogs? Waiting on hold while a sales rep digs through their catalog to confirm a DIN number? Wondering if your invoice will even be processed correctly? How about worrying whether or not your quoted ship date was just a sales rep’s guess? Not at Eurolink Fastener! Simply submit a quick RFQ for the items you require. We’ll do all the research, and follow up with you personally with a complete quotation. As you order products from Eurolink, you can do so with the confidence that your order will be processed accurately and efficiently — along with the best available pricing and delivery — means HASSLE-FREE to you.
Upcoming Sea Freight Order Deadlines: August 18th, 2022
*** Please have all orders delivered to Eurolink sales team by 4:00 PM EST on the deadline dates above to have your order added to the consolidated sea freight shipment.
The Most Successful Companies in America–and What They Reveal About the Future of Business. Get inspired by the founders behind our annual data-driven list, and learn how they led their teams, winning in a time of change. Read More:
Distributor and online retailer of fasteners, tools, tapes, abrasives, gripple, paint, personal protection, janitorial supplies and more.
The July seasonally adjusted Fastener Distributor Index (FDI) decreased noticeably vs. last month to 46.1, reading below 50 for the first time since May 2020 – indicating softening market conditions. Demand commentary was mixed, with some noting continued strength despite rising macro uncertainty, while others indicated weakness was starting to materialize. Pricing remained stable at elevated levels. Looking forward, the Forward-Looking Indicator (FLI) remained solid at 58.1, implying this month’s contraction could be short lived; a bounce back in August is seemingly anticipated by most respondents. Net, we believe some cracks in overall market conditions began to emerge more concretely in July for the first time in over two years.
The International Fastener Expo announced that the first time in the history of the expo they have added a Keynote Speaker. Dirk Beveridge will keynote IFE 2022. Dirk is a visionary entrepreneur and the founder of UnleashWD. With his one-of-a-kind perspective on the future of wholesale distribution, Dirk has been leading major change for over 35 years to advance growth, relevance, and transformation.
In 2021 Dirk produced the We Supply America tour including an eight-film docuseries highlighting and championing the noble calling of distribution. Dirk has authored four books including the bestselling INNOVATE! How Successful Distributors Lead Change In Disruptive Times.
Dirk Beveridge is a leading advocate of change and innovation. As one of the country’s most outstanding speakers, he delivers a new voice, a new energy, and a new outlook. Dirk’s presentations are unparalleled. He delivers original, proven, and often disruptive thinking.
You won’t want to miss the keynote session. Register now at FastenerShows.com use the FND discount code: FND50
In Manufacturing News…
📌 The countdown to Manufacturing Day! Lee than sixty days MFG Day 2022 kicks off on 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, toolkit and all you need to get started planning your Manufacturing Day event at https://creatorswanted.org/. Use #MFGday22 to share your event!
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!
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!
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 …
Stop by and meet other people in the fastener industry and expand your professional network at the Pac-West After Hours Langley, BC on Thursday, August 18, 2022. Pac-West will host one beverage per person along with complimentary appetizers! Go to pac-west.org for more info.
The Midwest Fastener Association’s FSTNR WEEK is happening this month! August 21-26th. FSTNR Week includes a Fastener Show, Training, Networking, and Recreation. The MWFA has planned great events for FSTNR Week so be sure your company is not left out! 👉 Registration and more info: http://MWFA.net
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
Coming up next month is the….
Pac-West Fastener Association 2022 Fall Conference. September 14th-17th in Denver, CO. Registration is now open go to pac-west.org
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 NewsGroup!
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/
Industrial products are complex and purchasing them online can lead to poor customer experiences when utilizing faceted search. The Product Genius’s grid technology allows clients to search, sort and purchase 100’s of products from a one-page buying experience. Experience and Demo FAST Fastener buying at 1-800-Fasteners.com.
PGT’s services also include, data cleaning and preparation, consulting, and strategizing. Contact ProductGeniusTechnology.com or call 1-800-fasteners to find out how to get started today.
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: lisa@fastenernewsdesk.com.
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.
The long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
You’ve waited for it. You’ve asked for it. And now, it’s finally here.
I’m happy to announce that MDM’s 2022 Top Distributors feature is now live and available to view and download. Please read on for important background information and details, but since I don’t want to keep you waiting, you can access our PDF of the feature and our complete Top Distributors directory here at mdm.com/top_distributors/. It’ll ask you to register with some basic information, and once you’ve done so, you’ll have access to everything this feature has to offer.
For those unfamiliar with the feature, MDM’s Top Distributors is our annual listing and ranking of North America’s largest distributors across industrial, construction and commercial products sectors, based on their 2021 revenues. This year’s feature breaks out listings across 17 different product verticals, showing the top distributors in each based on their revenue within those respective categories. That latter point is vital. While the revenue shown is distributors’ 2021 total company revenue, their position on ranked categories is based on their revenue in that specific market. It’s why you’ll see a number of companies ranked above others despite having lower total company revenue.
Those 17 verticals range from industrial and MRO supplies, electrical and plumbing, to building materials, HVAC, safety and more. Four of the categories are displayed unranked.
The Top Distributors PDF explains our methodology and revenue verification at length. But to keep it short here, we rely on earnings reports from publicly-traded companies. For non-publicly-traded companies, we rely on self-reported information via a survey, website information and email and phone communication with those distributors to confirm revenue. We allow non-publicly-traded distributors to keep their revenue information private if they elect to do so — and there were plenty that did. However, the vast majority of them agreed to provide that figure privately to MDM. For those that didn’t, we relied on the latest available verified information and trusted industry sources to help triangulate an estimate.
All-in-all, it resulted in what I think is MDM’s most accurate and useful Top Distributors List ever, now in its 13th year.
I hope you find MDM’s 2022 Top Distributors to be a great resource. I hope you use the PDF as an easy-reference document for these industry verticals that we cover. I’d recommend printing it and pinning it where it’s easy to see at all times. It’s what I’ve done.
I’m happy to get any feedback — both positive and negative — you may have about the feature at mike@mdm.com. I’m already looking forward to this labor of love again in 2023!
Q: What is the ANSI/ASME metric screw thread designation?
A: WATCH VIDEO NOW TO GET THE CORRECT ANSWER.
Eurolink is the premier US distributor of metric fasteners and fastener lines with hard-to-find metric #fasteners manufactured to both DIN and ISO standards. As the nation’s leading source for hard-to-find #metric fasteners, Eurolink offers access to more than 100,000 quality C-class parts from countries such as Germany, Italy, Switzerland, Poland, Spain, France, and Great Britain. Regardless of your required size, material, or finish, Eurolink FSS has the European resources to meet your demands.
If you’re looking for a top fastener supplier you’ve found one!
Eurolink is committed to providing you fast HASSLE-FREE ordering, fair pricing, and timely delivery. Are you spending hours searching fastener websites or catalogs? Waiting on hold while a sales rep digs through their catalog to confirm a DIN number? Wondering if your invoice will even be processed correctly? How about worrying whether or not your quoted ship date was just a sales rep’s guess? Not at Eurolink Fastener! Simply submit a quick RFQ for the items you require. We’ll do all the research, and follow up with you personally with a complete quotation. As you order products from Eurolink, you can do so with the confidence that your order will be processed accurately and efficiently — along with the best available pricing and delivery — means HASSLE-FREE to you.
Upcoming Sea Freight Order Deadlines: August 18th, 2022
*** Please have all orders delivered to Eurolink sales team by 4:00 PM EST on the deadline dates above to have your order added to the consolidated sea freight shipment.