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brighton-best-and-parker-fasteners-announce-manufacturing-partnership-at-ife-2023-[survey]

Brighton Best and Parker Fasteners Announce Manufacturing Partnership at IFE 2023 [Survey]

brighton best international

Brighton Best International and Parker Fasteners made a BIG announcement at the International Fastener expo in Vegas! Fastener News Desk joined Matthew Boyd and Rosa E Hearn, CFS, CPMM at the International Fastener Expo in Vegas to get all the details about the partnership to manufacture and distribute socket cap screw products made in the USA.

Get all the details and make sure to scan the QR code to take a short survey for a chance to win some cool swag!

Survey link: https://www.surveymonkey.com/r/BBI_PARKER

Survey deadline: October 20, 2023

Watch now at FastenerTV: 


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norm-fasteners-celebrating-50-years-&-three-generations

Norm Fasteners Celebrating 50 Years & Three Generations

FASTENATING NEWS SERIES: “Celebrating Your Success”

Mariusz Olejnik on LinkedIn: #heilind #electromechanical #mechanical # fasteners

FND: Can you tell us about Norm Fasteners founder Nedim Uysal, and how he came to start a fastener business back in 1973? How has the Uysal family business continued to grow and thrive through three generations of family leadership?

NF: In 1973, our journey started with a single double-stroke machine by our founder Nedim UYSAL. Today this journey has turned into a vision that competes with the world, develops without compromising on quality, produces with technology, and is full of success stories and awards.

As the years have passed, Norm Holding has opened new companies through investments in line with evolving needs, and the sectoral structuring has continued rapidly. Today, we provide services thanks to our companies in different sectors under the Norm Holding umbrella, as well as to external firms. With our rapidly developing and expanding structure, we have successfully completed our institutionalization process and continue to add value to our business partners.

Through our production capacity, quality, innovative human resources perspective that we built on our values, and the technology that we develop every year, we have become the leading company of Turkey in our primary field of fasteners sector.

Our extensive logistics network operates in the Canada, USA, the United Kingdom, Germany, Poland, Romania, France, Turkey and China. We are among the top 5 in Europe and the top 12 in the world.

We create value by providing full in-house production support with our R&D, engineering, surface treatment, annealing, cold forming, molding, heat treatment, machinery and automation, coating, sorting, packaging and logistics services and fully integrated production facilities.

Norm Fasteners USA on LinkedIn: We added a new one to our 13 sales and  logistics centers operating in 8…

FND: What advice can you offer to generational fastener distribution companies about leadership roles? How important is it to include the up-and-coming generations as a path to sustaining what was created for another 50 years?

NF: Leading a fastener distribution company can be a unique challenge due to the history, values, and industry-specific knowledge that often come with such businesses.

Firstly, leaders should understand the company’s history and values. This understanding will help you respect and preserve the legacy while also guiding the company toward the future. They should embrace innovation and encourage the team to stay updated on industry trends. Building strong relationships with suppliers, customers, and employees is crucial. Maintain open lines of communication and ensure that customer needs are met promptly and effectively. Investing in training and development programs for your employees is another key point. A knowledgeable and skilled workforce is essential for delivering high-quality products and services. Leaders also should stay agile and adaptable to market changes. Economic conditions and customer demands can fluctuate, so be prepared to adjust your strategies and offerings accordingly. Considering sustainability and environmental responsibility in your business practices is a major need in today’s conditions. As environmental concerns grow, companies that demonstrate a commitment to eco-friendly practices can gain a competitive edge. Leadership in a generational fastener distribution company requires a delicate balance of preserving tradition and embracing change.

Integrating up-and-coming generations into a company is crucial for its sustainability and continued relevance. Their contributions can help the company navigate a rapidly changing business landscape, stay innovative, and maintain a competitive edge for the next half-century. Ignoring the perspectives and talents of younger generations could put the company at risk of becoming obsolete or disconnected from emerging trends and opportunities.

FND: With Norm Fasteners 15 logistics and sales centers located in 9 countries, how did this infrastructure help your clients keep production lines up and running during supply chain constraints during the pandemic?

NF: Covid-19 virus has affected markets and businesses around the world and as it remains to affect society and business, we continued to navigate with an intense pace in a time of crisis that challenged our industry, as it did many others.  We focused on our sustainability-oriented investments and developing projects that create value for our business partners without slowing down.  In this direction, despite global inflation, the chip crisis that affected our industry throughout the year, the problems encountered in procurement processes and increasing commodity prices, we continued to open new doors in Turkey and abroad with new sustainable investments and projects. Thanks to our sales and logistics centers in Germany, Romania, Poland, France, USA, Canada and resident engineers in UK and China we are able to give uninterrupted service to our business partners.

Amidst the pandemic, Norm Fasteners prioritize in its agenda to provide innovative support to our business partners together with research and development of new technologies that facilitate the performance of our team.  While multi-sourcing and intensifying cooperation with our suppliers and customers all over the world, we concentrated our focus on emergency response scenarios, business sustainability management, preparation of quality and performance improvement programs for suppliers, and increasing the level of automation based operations.

Norm Fasteners USA | LinkedInFND: When does Norm Fastener plan to open the new production facility in America?

NF: Currently the establishment is ongoing. Our plan is to be operative on Q1-2025

FND: There is a lot of ‘business talk’ in America about reshoring to increase US manufacturing, jobs, sustainability, and advancing industries of the future such as Electric Vehicles, Autonomous Vehicles, Aerospace and Construction. There has also been a resurgence of manufacturing facilities here in the US. Will Norm Fasteners facility serve both manufacturing and distribution in the US?

NF: Our journey on US has started with a distribution center on 2018-2019 in Lansing, Michigan. So we can say that Norm is already distributing in the US. Now , we are establishing a production facility to the same area . Additionally I would like to highlight , apart from that we have a sales office in Canada as well.

 FND: Will having a manufacturing center in the US allow your company to provide clients competitive pricing and avoid long lead times?

NF: It is too early to say a “decrease in production lead times” but it definitely will decrease the transportation lead times. We have established a pivotal logistics hub within the United States, underpinned by a substantial 45-million-euro investment in a state-of-the-art production facility. Our target is to commence operations at our Michigan facility by the end of 2024. This strategic investment serves as a crucial step in addressing longstanding export and logistical challenges associated with the American market. Our commitment extends to providing services to our clientele, featuring a capacious 2,000-square-meter warehouse and a team of 20 experts. In this region, we are resolutely aiming for a production output of 7,500 tons in the first year and 20,000 tons within three years. Against the backdrop of the prevailing economic circumstances facing our nation, investments tailored toward export objectives take on paramount significance. We prioritize each investment and opportunity that contributes to our country’s foreign currency reserves.

The U.S. market is of paramount importance in this context. We believe that with the aid of the facilities and logistical infrastructure of our upcoming company within Norm Fasteners, we will elevate our market share in the Americas, especially in the United States. This investment will provide us with easier access to the U.S. market and enable us to conduct operations that are more effective. Our priorities lie in emphasizing excellence in sales, marketing, warehousing, and logistics processes. We will continue to offer competitive value to our existing customers, including John Deere, a leading global electric vehicle manufacturer based in the United States, and expand in the American market. Also with this investment, we will overcome the problem of the long shipping process to America.

FND: How does Norm Fasteners connect with the new workforce? Many businesses here in the US are facing a lack of candidates to fill manufacturing jobs. The USA will have approximately 4 million manufacturing jobs to fill by 2030. Does Norm Fasteners have apprenticeship and skills training programs for students willing to learn?

NF: In 2007, we established our Apprenticeship Training Centers with a clear mission in mind: to cultivate highly skilled professionals for the industry and provide essential vocational skills to young individuals facing diverse educational challenges. Today, we proudly report the successful graduation of 140 students from these centers. We are not just shaping futures; we are actively contributing to the development of careers.

In addition to our robust curriculum, we go above and beyond to ensure the well-rounded development of our students. Through supplementary programs encompassing both technical and personal growth, we are equipping our students with the tools they need not only for employment but also for success in life.

We remain unwavering in our commitment to shaping a brighter future for both our students and the industry. This is not just education; it is an investment in the future, a testament to our dedication to excellence, and a steadfast commitment to our vision.

In 2014, the ‘Private İzmir Atatürk Organized Industrial Zone Nedim UYSAL Vocational and Technical Anatolian High School’ was proudly established under the visionary leadership of İzmir Atatürk Organized Industrial Zone Management and Norm Holding. This esteemed institution was aptly named in honor of Norm Holding’s Founder and Honorary Chairman of the Board of Directors, Nedim UYSAL, and a figure synonymous with industrial excellence.

Dedicated to shaping the future of industrial development, the school is a beacon for aspiring engineers. Here, students are granted a unique opportunity to receive a top-tier education, enriched by cutting-edge technology. Our commitment to their success is unwavering, and as a testament to this, all students benefit from a 100% scholarship program.

Our facilities are nothing short of exceptional, with state-of-the-art technology-equipped workshops, cutting-edge laboratories, and fully equipped classrooms designed to accommodate 24 students per class. We provide an environment where innovation, knowledge, and skill development converge to foster the engineers of tomorrow.

 In 2020 and 2021, we proudly introduced ‘Digi Connect,’ an innovative online learning and development initiative featuring a curated selection of four distinct programs, catering to both summer-term and long-term objectives.

The core mission behind ‘Digi Connect’ was to empower students with invaluable life skills, fostering both personal and professional growth. This vision was realized through the strategic utilization of digital platforms, offering a multifaceted approach that encompassed project management, firsthand insights shared by esteemed Norm Holding Leaders, visionary conversations that spark innovation, comprehensive online training modules, and immersive department orientations.

Norm Fasteners USA on LinkedIn: We added a new one to our 13 sales and  logistics centers operating in 8…

FND: Norm Fasteners has seen many new business advancements in its 50-year history. What do you believe is the most important investment businesses should be making today?

NF: The fasteners industry, like many other sectors, is evolving with advancements in technology, sustainability concerns, and changing market dynamics. To stay competitive and relevant, businesses in the fasteners industry should consider several important investments today such as;

Technological investments in automation, robotics, and data analytics, which can optimize manufacturing processes, reduce production costs, improve production efficiency and enhance product quality;

Research and development investment in order to develop advanced, sustainable, and high-performance fasteners, which can give a competitive edge;

Investments in sustainability initiatives such as eco-friendly materials, recycling processes, and energy-efficient manufacturing, which can help businesses, meet environmental regulations and cater to the growing demand for sustainable products.

Investing in supply chain optimization in order to reduce lead times, enhance inventory management, and ensure on-time delivery.

Investing in workforce development programs to ensure employees are skilled in the latest manufacturing technologies and safety protocols. A well-trained workforce is essential for product quality and operational efficiency.

Continuous investment in quality control processes and compliance with industry standards and regulations is crucial to maintain product integrity and customer trust.

Enhancing customer relationship management (CRM) systems to gather customer feedback and insights. Understanding customer needs and preferences can guide product development and marketing strategies.

Staying informed about industry trends and market demands. Be ready to pivot and adapt to changes in customer preferences, such as shifts toward sustainable or lightweight materials.

Norm Additive - Automotive - Overview, Competitors, and Employees |  Apollo.io

FND: What drives Norm Fasteners to take a leadership role in the adoption of Additive Manufacturing? How is Norm Fasteners implementing the use of additive manufacturing as value-added service for its clients?

NF: Today is rapidly evolving manufacturing technologies raise all players to challenge. Additive manufacturing technology is a major trend in in the industry significantly becoming an indispensable method in the manufacturing of value-added products. As Norm Holding, we saw this as an opportunity to invest in this production infrastructure and integrate it to our production expertise.  For this purpose and within our vision and strategy for 2025, we established Norm Additive, a new group company that will provide services not only in the automotive industry, but in a wide range of industries such as aviation, white goods, defense and medical technologies and supplies, both in Turkey and abroad.  In contrast to traditional manufacturing technologies, we aim to provide cost and time effective modalities in terms of both engineering and production support for our customers in order to reduce weight and increase performance in their structural parts.  Prototyping and mass production services will also be offered through our additive manufacturing systems.  Under these changing prerequisites, 316L stainless steel and AlSi10Mg aluminum alloys will be available in our systems for our customers in the automotive industry.

Norm Fasteners Germany on LinkedIn: #halfcenturyjourney #next50 #50yearsAbout Norm Fasteners

In 1973, we started our journey with the production of fasteners and transformed it into a vision that competes with the world, develops without compromising on quality, produces with technology leading to many achievements and awards.

We are Türkiye’s leading fastener manufacturer with high production capacity, quality, and an innovative human resources perspective, built on our values and the technology we develop every year.

Our extensive logistics network operates in the Canada, USA, the United Kingdom, Germany, Poland, Romania, Turkey, and China. We are among the top 5 in Europe and the top 12 in the world.

We create value by providing full in-house production support with our R&D, engineering, surface treatment, annealing, cold forming, molding, heat treatment, machinery and automation, coating, sorting, packaging and logistics services and fully integrated production facilities, we create value for our business partners.

With our R&D center including experienced engineers, more than 2000 employees, 50 years of experience in national and the international market, we operate mainly in the automotive main and sub-industry, spare parts white goods, electronics, furniture, construction and machinery sectors


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fastenal-names-new-executive-vp-of-operations

Fastenal Names New Executive VP of Operations

WINONA, Minn.–(BUSINESS WIRE)– Fastenal Company (Nasdaq: FAST) (“the Company”) has appointed Anthony P. Broersma as the Executive Vice President-Operations effective on October 11, 2023. In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution, and logistics operations of the Company.

Mr. Broersma previously served as our Senior Vice President-Operations of the Company from June 2022 to October 2023. From February 2021 to June 2022, Mr. Broersma was our Vice President of Procurement and Supply Chain. From February 2016 to February 2021, Mr. Broersma served as our Vice President of International Operations, leading all global operations. From December 2012 to February 2016, Mr. Broersma was the Regional Vice President for our continental Europe locations, while living in the Czech Republic. From February 2011 to December 2012, Mr. Broersma served as the Director of Asian Operations, while living in Shanghai, China. From December 2007 to February 2011, Mr. Broersma served as the Regional Operations Manager of our distribution center located in Scranton, PA. Mr. Broersma joined the Company in 2003 and, prior to 2007, served in various roles of increasing responsibility within our branch locations.

During Mr. Broersma’s twenty-year career with the Company, he has served in numerous sales and operational roles with the Company. “I want to congratulate Tony on his new role. With his extensive background in Fastenal’s operations and previous experience in the sales functions of the Company, the Fastenal ‘Blue Team’ will continue to benefit from his significant knowledge and strong leadership,” said Dan Florness, the Company’s president and CEO.

About Fastenal

Fastenal provides a broad offering of industrial supplies, including fastener, safety, and metal cutting products, to manufacturing, construction, and state and local government customers through approximately 3,400 in-market locations (branches and customer-specific Onsite locations) spanning 25 countries. With continual investment in tailored local inventory, dedicated local experts, and flexible FMI® (Fastenal Managed Inventory) and digital solutions, we help our business partners achieve product and process savings across the supply chain – a “high-touch, high-tech” approach encapsulated by our tagline, Where Industry Meets Innovation. Our local service teams are supported by 16 regional distribution centers, a captive logistics fleet, multiple teams of industry specialists and support personnel, and robust sourcing, quality, and manufacturing resources, enabling us to grow by getting closer to customers and providing innovative and comprehensive solutions to customer supply chain challenges.

About Anthony P. Broersma

Mr. Broersma has been our executive vice president – operations since October 2023. Mr. Broersma’s responsibilities include oversight of our supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution, and logistics operations of the company. From June 2022 to October 2023, Mr. Broersma served as our senior vice president – operations. From February 2021 to June 2022, Mr. Broersma was our vice president of procurement and supply chain. From February 2016 to February 2021, Mr. Broersma served as our vice president of international operations, leading all global operations. From December 2012 to February 2016, Mr. Broersma was the regional vice president for our continental Europe locations, while living in the Czech Republic. From February 2011 to December 2012, Mr. Broersma served as the director of Asian operations, while living in Shanghai, China. From December 2007 to February 2011, Mr. Broersma served as the regional operations manager of our distribution center located in Scranton, PA. Mr. Broersma joined Fastenal in 2003 and, prior to 2007, served in various roles of increasing responsibility within our branch locations.

Additional information regarding Fastenal is available on the Fastenal Company website at www.fastenal.com.

FAST-G

Taylor Ranta Oborski | Financial Reporting & Regulatory Compliance Manager | 507.313.7959

Source: Fastenal Company


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in-the-news-with-fastener-news-desk-the-week-of-october-9th,-2023-[ife-2023-special-edition]

IN THE NEWS with Fastener News Desk the Week of October 9th, 2023 [IFE 2023 SPECIAL EDITION]

IN THE NEWS with Fastener News Desk the Week of October 9th, 2023 [IFE 2023 SPECIAL EDITION]

Thank you, Cris, I’m Lisa Kleinhandler Editor in Chief at Fastener News Desk with a SPECIAL EDITION OF ‘IN THE NEWS featuring the International Fastener Expo. We’ll be live on the expo floor on Tuesday and Wednesday, stop and chat with our team! Here’s what’s happening in fastener industry news and the week of October 9, 2023.

 WATCH VIDEO (7:06)


Winsupply Inc., one of the largest distributors in the nation, has completed the purchase of Keidel Supply, a premier plumbing, cabinetry, lighting, appliance and PVF distributor with two locations in Ohio. Based in Cincinnati, Keidel Supply has served the needs of the Greater Cincinnati residential and commercial plumbing contractors, builders, remodelers, and homeowners since 1911. Read more:

Winsupply Acquires Keidel Supply


The St. Louis Federal Reserve Producer Price Index for the Commodity: Bolts, Nuts, Screws, Rivets, and Washers August reading was 308.687 down from July reading of 309.924. FRED is created and maintained by the Research Department at the Federal Reserve Bank of St. Louis. Read more:


The seasonally adjusted Fastener Distributor Index (FDI) retreated modestly in September to a sub-50 reading at 48.5 after reaching a neutral 50.0 in August. While August may have temporarily benefited from some pent-up demand following summer vacations, September returned to the more sluggish pace of activity seen throughout most of 2023. The Forward-Looking Indicator (FLI) was also a tick lower m/m at 44.8 compared to 45.9 last month. Overall, the results suggested continued softness driven by slowing customer orders and a hesitancy among customers to stock heavily. Read full report:

Fastener Distributor Index (FDI) | September 2023


Economic activity in the manufacturing sector contracted in September for the 11th consecutive month following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

“The Manufacturing PMI® registered 49 percent in September, 1.4 percentage points higher than the 47.6 percent recorded in August. Read more:

Manufacturing PMI® at 49%; September 2023 Manufacturing ISM® Report On Business®


The 2023 International Fastener Expo (IFE) gets underway today October 9-11th at Mandalay Bay, in Las Vegas, NV.

IFE 2023 offers attendees an array of sessions designed to captivate, educate, and inspire. From a world-class exhibition of fasteners and industrial products to a magnetic keynote speaker, enriching conference sessions, and panel discussions led by esteemed industry experts—this is your ticket to igniting success.

Get ready to network with over 650 exhibitors, including 100 first-time exhibitors, converging on the IFE expo floor, casting a formidable global footprint. 

WATCH VIDEO (2:32)

*Use #IFE2023 to get in the conversation and amplify your booth traffic!


Join the Fastener Training Institute for an all-day training program on Monday, October 9th, at the International Fastener Expo! Fastener Fundamentals, The Nuts and Bolts for Fastener Professionals, will offer the best of the Fastener Basics Training and Certified Fastener Specialist™ Training programs. The one-day class will bring the basics of fasteners and beyond to industry professionals. Take advantage of early bird pricing through October 7, 2023. Register now: https://fastenershows.com/fti-class/


The International Fastener Expo! DYK IFE 2023 offers an AI-powered, award-winning platform, IFE Match that offers attendees and exhibitors a NEW, “smart” way of connecting, building business opportunities, exploring educational sessions, building your itinerary and more – all from your computer or mobile device before you even step foot on the expo floor!

Experience the future of expo networking and scheduling with the IFE Match. It’s time to elevate your expo experience, maximize your connections, and unlock new business opportunities.

The IFE Match mobile app is available for download in the Apple or Google Play store now. For more info visit FastenerShows.com


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

If you would like to share your company’s news or events contact 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 and keep it fastenating.

Sign up for the free FND newsletter designed to keep busy fastener professionals like you up-to-speed on “All things FASTENATING”!

  • Subscribe to receive our weekly newsletter:  
  • Join the LinkedIn Fastener News Group:
  • Join the LinkedIn Fastener News Desk page:

IN THE NEWS with Fastener News Desk the Week of October 2nd, 2023

Fastener News, Fastener News Desk, Fastener TV

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winsupply-acquires-keidel-supply

Winsupply Acquires Keidel Supply

Dayton, OH (October 3, 2023) – Winsupply Inc., one of the largest distributors in the nation, has completed the purchase of Keidel Supply, a premier plumbing, cabinetry, lighting, appliance, and PVF distributor with two locations in Ohio. Based in Cincinnati, Keidel Supply has served the needs of Greater Cincinnati residential and commercial plumbing contractors, builders, remodelers, and homeowners since 1911.

“Winsupply is confident that Keidel Supply will be a great partner and fit into the Winsupply Family of Company’s overall vision for the future,” said Jeff Dice, President, Winsupply Inc. “The culture of Keidel aligns seamlessly with that of Winsupply. Mike Barton, CEO of Keidel, and John Robinson, Executive V.P. of Keidel, have established a remarkable team of service providers. Winsupply is delighted to collaborate with Keidel and continue providing exceptional service to contractors in the greater Cincinnati region.”

“Since 1911, three generations of the Keidel family and many dedicated team members have worked hard as an independent distributor to grow our business and provide extraordinary service to the Greater Cincinnati market,” said Mike Barton. “As we move to the next phase for the Keidel Supply Company, all the Keidel associates are looking forward to joining the Winsupply family, growing our market share, and continuing to offer exceptional service to our residential trade, commercial trade, and showroom customers for years to come.”

“We are proud to welcome the Keidel Supply company and its employees to the Winsupply Family of Companies,” said Greg Holbrock, Vice President, Mergers and Acquisitions Due Diligence and Financial Integration. “Keidel is known in the Cincinnati market for delivering excellent products and services, which is attributed to the leadership of Mike Barton, John Robinson, and the entire team of associates at Keidel.”

“We were thrilled to discover Keidel Supply,” said Steven Coen, Director of Business Development. “We knew this was an opportunity to partner with a great company in our backyard. Our excitement grew even more after meeting Keidel’s leadership team. Mike Barton, who has been the President of Keidel since 2009, and John Robinson, who has been Executive V.P. since 2010, established a company with a team of exceptional individuals that prioritizes servicing its customers’ needs no matter the requirements. Mike intends to continue his role as President of the location. We welcome the entire team of Keidel to the Winsupply Family of Companies and look forward to growth opportunities from this acquisition.”

In the Winsupply business model, Winsupply is the majority owner of its companies, reflecting its shared-ownership business model in which local entrepreneurs have the autonomy to decide how best to serve their customers and to share in the financial risks and rewards of ownership.

About Winsupply: Winsupply is in the business of creating and enabling entrepreneurs to achieve their dreams through wholesale distribution. We call this “The Spirit of Opportunity,” and it motivates each and every business decision that is made. 

As one of America’s leading suppliers of materials for residential and commercial construction, Winsupply Inc. owns a majority equity stake in more than 660 local companies across the United States. Collectively, Winsupply is known as “The Winsupply Family of Companies” and includes Win-branded locations, Noland Company, Carr Supply, APCO, and other acquired regional suppliers. 

Contractors across America rely on Winsupply to provide business solutions and materials in plumbing and heating; hydronics; pipes, valves and fittings; HVAC and refrigeration; electrical; fastening hardware; waterworks and utility; pumps; turf irrigation and landscape; and fire system fabrication.

WinSupply Vision and Mission

Our Vision at Winsupply is “To create loyal, profitable customers by offering them superior solutions for their everyday needs and unique challenges.”

Our Mission is to provide contractors with the “Winsupply Customer Experience,” through these actions:

  • We offer dependable expertise, inventory when and where it’s needed, and the comfort of dealing with a decision-maker. Our Winsupply company owners are “Pros Like You.”
  • We support contractors and other buyers by offering the best possible prices, preferred buyer perks and local support.
  • We help manufacturers distribute their products by connecting them to wholesale customers across the country.

Website: WinSupplyInc.com

SOURCE: WinSupply



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in-the-news-with-fastener-news-desk-the-week-of-october-2nd,-2023

IN THE NEWS with Fastener News Desk the Week of October 2nd, 2023

Here’s what’s happening in fastener industry news, and upcoming events the week of October 2, 2023.

WATCH VIDEO  (8:52)


Nucor Corporation has launched “Made for Good,” a campaign highlighting the company’s more than five decades of producing steel using the cleanest methods commercially available. Nucor is among the world’s most sustainable steel producers, annually making more than one-quarter of the steel produced in the United States. Nucor is dedicated to further reducing its carbon footprint through innovation and was the first industrial company to join the UN 24/7 Carbon-Free Energy Compact.

Nucor Launches Campaign Highlighting Commitment to Sustainable Steelmaking


The 2023 Industrial Distribution Big 50 | Industrial Distribution

The 2023 Industrial Distribution Big 50 List has been revealed in a three-part video series. The only fastener distributor ranked in the Top 10 was The Fastenal Company ranking #5 in the annual rankings of North America’s largest industrial product distributors. Other Fastener Distributors ranking in the Top 50 List are:

  • Wurth #11
  • Optimas #23
  • Endries International #28
  • Kimball Midwest #30
  • Bossard #33
  • Martin #45

For an in-depth look at the entire Big 50 visit Industrial Distribution magazine at: https://www.inddist.com/video/video/22874405/the-2023-industrial-distribution-big-50-countdown-the-top-10


Countdown to the 2023 International Fastener Expo is ON! Feel the energy as the 2023 International Fastener Expo (IFE) prepares to set the stage for the largest convergence of the fastener industry in North America in years, October 9-11th at Mandalay Bay, in Las Vegas, NV.

Get ready to network with over 650 exhibitors, including 100 first-time exhibitors, converging on the IFE expo floor, casting a formidable global footprint. Check out just a few of this year’s exhibitors! 

*Use #IFE2023 to have your digital booth image included in our next countdown video!

Register now! Use Promo Code: FND50 (Promotion Expires Oct. 8th)

https://registration.experientevent.com/ShowFAS231/?flow=attendee


THIS Friday, October 6th the nation celebrates Manufacturing Day 2023. Manufacturers are ready to inspire and excite young creators across the America and encourage more making in the United States. DYK Our nation will have 4 million manufacturing jobs to fill by 2030! Manufacturing Day is Celebrated nationally on the first Friday in October and throughout the month. MFG Day is manufacturing’s biggest annual opportunity to inspire the next generation, positively shift perceptions about our industry, and build the foundation for the manufacturing workforce of the future. Find a MFGDay23 event near you at: https://mfgday.com


 ONE WEEK until the International Fastener Expo! DYK IFE 2023 offers an AI-powered, award-winning platform, IFE Match that offers attendees and exhibitors a NEW, “smart” way of connecting, building business opportunities, exploring educational sessions, building your itinerary and more – all from your computer or mobile device before you even step foot on the expo floor!

Experience the future of expo networking and scheduling with the IFE Match. It’s time to elevate your expo experience, maximize your connections, and unlock new business opportunities.

The IFE Match mobile app is available for download in the Apple or Google Play store now. For more info visit FastenerShows.com


Join the Würth Additive Group for 3D Printers in the WILD Tour across the United States!  Connect with their team and learn about the power of additive manufacturing by watching it live! The 3D Printers in the WILD Tour stops in:

Chicago, Illinois today Mon, Oct 2, 2023

Event link: https://lp.wurthindustry.com/demo-days-2023-chicago-il-3d-printers-in-the-wild

Boston, MA Thu, Oct 5, 2023

Event link: https://lp.wurthindustry.com/demo-days-2023-boston-3d-printers-in-the-wild

Denver, CO Wed, Oct 11, 2023 

Event link: https://www.linkedin.com/events/3dprintersinthewildtour-denver-7109511250841067520/?lipi=urn%3Ali%3Apage%3Ad_flagship3_detail_base%3B6yiYPaijQ3GdTvnOjHDReA%3D%3D


Fastener Fundamentals at International Fastener Expo on October 9

 Join the Fastener Training Institute for an all-day training program on Monday, October 9th, at the International Fastener Expo! Fastener Fundamentals, The Nuts and Bolts for Fastener Professionals, will offer the best of the Fastener Basics Training and Certified Fastener Specialist™ Training programs. The one-day class will bring the basics of fasteners and beyond to industry professionals. Take advantage of early bird pricing through October 7, 2023. Register now: https://fastenershows.com/fti-class/


2023 NFDA Executive Summit will take place Wednesday, October 25th through Friday, October 27th in Scottsdale, Arizona. This year’s NFDA Executive Summit will provide attendees with context, perspective, real-world analysis, and tools to lead your organization in these times of great change. Join the NFDA for sessions designed and built for executive talent in your organization. Go to NFDA-Fastener.org


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

If you would like to share your company’s news or events contact me, lisa@fastenernewsdesk.com.  Thanks for tuning in to this week’s episode of ‘IN THE NEWS’ with Fastener News Desk.

Sign up for the free FND newsletter designed to keep busy fastener professionals like you up-to-speed on “All things FASTENATING”!

  • Subscribe to receive our weekly newsletter: 
  • Join the LinkedIn Fastener News Group: 
  • Join the LinkedIn Fastener News Desk page: 


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Manufacturing PMI® at 49%; September 2023 Manufacturing ISM® Report On Business®

NEWS PROVIDED BY: Institute for Supply Management

02 Oct, 2023, 10:00 ET

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

,  /PRNewswire/ — Economic activity in the manufacturing sector contracted in September for the 11th 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 Manufacturing PMI® registered 49 percent in September, 1.4 percentage points higher than the 47.6 percent recorded in August. The overall economy expanded weakly after nine months of contraction following a 30-month period of expansion. (A Manufacturing PMI® above 48.7 percent, over a period of time, generally indicates an expansion of the overall economy.) The New Orders Index remained in contraction territory at 49.2 percent, 2.4 percentage points higher than the figure of 46.8 percent recorded in August. The Production Index reading of 52.5 percent is a 2.5-percentage point increase compared to August’s figure of 50 percent. The Prices Index registered 43.8 percent, down 4.6 percentage points compared to the reading of 48.4 percent in August. The Backlog of Orders Index registered 42.4 percent, 1.7 percentage points lower than the August reading of 44.1 percent. The Employment Index registered 51.2 percent, up 2.7 percentage points from the 48.5 percent reported in August.

“The Supplier Deliveries Index figure of 46.4 percent is 2.2 percentage points lower than the 48.6 percent recorded in August. (Supplier Deliveries is the only ISM® Report On Business® index that is inversed; a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and customer demand increases.)

“The Inventories Index increased by 1.8 percentage points to 45.8 percent; the August reading was 44 percent. The New Export Orders Index reading of 47.4 percent is 0.9 percentage point higher than August’s figure of 46.5 percent. The Imports Index remained in contraction territory, registering 48.2 percent, 0.2 percentage point higher than the 48 percent reported in August.”

Fiore continues, “The U.S. manufacturing sector continued its contraction trend but at a slower rate, recording its best performance since November 2022, when the PMI® also registered 49 percent. Companies are still managing outputs appropriately as order softness continues, but the month-over-month PMI® improvement in September is a clear positive. Demand eased marginally, with the (1) New Orders Index contracting, though at a slower rate, (2) New Export Orders Index continuing in contraction territory but with a marginal increase, and (3) Backlog of Orders Index declining. The Customers’ Inventories Index reading indicated improved supply chain efficiency, as output improved and customers’ inventories continued to decline. Output/Consumption (measured by the Production and Employment indexes) was positive, with a combined 5.2-percentage point upward impact on the Manufacturing PMI® calculation. Panelists’ companies improved production compared to August and continued to manage head counts, primarily through attrition and hiring freezes. Inputs — defined as supplier deliveries, inventories, prices and imports — continued to accommodate future demand growth. The Supplier Deliveries Index indicated faster deliveries for the 12th straight month, at a faster rate compared to August, and the Inventories Index remained in contraction territory, but improved month over month. The Prices Index remained in ‘decreasing’ territory, 4.6 percentage points lower than the August reading, signifying a return to price reductions, but energy costs in August and September could possibly affect future material costs. Manufacturing supplier lead times continue to decrease, but at a slow pace.

“Of the six biggest manufacturing industries, two — Food, Beverage & Tobacco Products; and Petroleum & Coal Products — registered growth in September.

“Demand remains soft, but production execution improved compared to August as panelists’ companies prepared for the fourth quarter and the close of the fiscal year. Suppliers continue to have capacity. Seventy-one percent of manufacturing gross domestic product (GDP) contracted in September, up from 62 percent in August. More importantly, the share of sector GDP registering a composite PMI® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 6 percent in September, compared to 15 percent in August and 25 percent in July, a clear positive,” says Fiore.

The five manufacturing industries that reported growth in September are: Nonmetallic Mineral Products; Food, Beverage & Tobacco Products; Textile Mills; Primary Metals; and Petroleum & Coal Products. The 11 industries reporting contraction in September — in the following order — are: Printing & Related Support Activities; Furniture & Related Products; Plastics & Rubber Products; Paper Products; Fabricated Metal Products; Wood Products; Computer & Electronic Products; Machinery; Electrical Equipment, Appliances & Components; Chemical Products; and Transportation Equipment.

WHAT RESPONDENTS ARE SAYING

  • “In the evolving supply chain environment, customers are increasingly taking an active role in initiating new projects, looking for cost reduction opportunities and lead-time mitigation, with a growing emphasis on collaboration. Post-pandemic, customers have learned they need partners to navigate rough waters.” [Computer & Electronic Products]
  • “We need to coordinate very closely with suppliers in order to yield a more cost-competitive offer. More back and forth is needed to reach a reasonable total price.” [Chemical Products]
  • “Orders and production remain steady, and we are maintaining a healthy backlog. Continued inflation and wage adjustments continue to drive prices up, although we should get some relief from the markets stabilizing.” [Transportation Equipment]
  • “Cost increases are now generally isolated to specific commodities rather than blanket increases due to ‘inflation.’ ” [Food, Beverage & Tobacco Products]
  • “Markets remain soft. Our customers have about-right inventory levels, but they paid more due to pandemic cost increases. Everyone is holding off on increasing inventories, hoping they can buy at lower costs.” [Apparel, Leather & Allied Products]
  • “Overall, things continue to be very steady: Sales and revenue are as expected, and the supply environment has stabilized greatly versus 2021-22. Some things to watch include the Panama Canal (drought), U.S.-China relations, and the impact the UAW (United Auto Workers) strike could have on suppliers of ours who support automotive production. But overall conditions feel stable.” [Miscellaneous Manufacturing]
  • “Cement negotiations have changed, with cement mills no longer offering annual or guaranteed pricing. We now want to contract more as a commodity, leaning toward quarterly, with fluctuating prices yet to be determined.” [Nonmetallic Mineral Products]
  • “A recession feels imminent. Money continues to be pushed into the bank markets, driving inflation rates really high. Most plants are buying less material or reducing consumption in the name of sustainability, as well as running at 80 percent of capacity. Prices of some products may increase for the upcoming winter weather.” [Petroleum & Coal Products]
  • “Business conditions and market demand remain strong. We are projected to be at capacity in the next 12 months.” [Primary Metals]
  • “New business development is coming onboard. However, many forecasts are set for the beginning of 2024. Hiring and retaining quality people is still a struggle.” [Textile Mills]

SOURCE Institute for Supply Management

About Institute for Supply Management® (ISM®Institute for Supply Management® (ISM®) is the first and leading not-for-profit professional supply management organization worldwide. Its community of more than 50,000 in more than 100 countries manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 by practitioners, 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 empowers and leads the profession through the ISM® Report On Business®, its highly-regarded certification and training programs, corporate services, events and the ISM Supply Chain Capability Model™. The ISM® Report On Business®, Manufacturing, Services, and Hospital, are three of the most reliable economic indicators available, providing guidance to supply management professionals, economists, analysts, and government and business leaders. For more information, please visit: www.ismworld.org.


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Nucor Launches Campaign Highlighting Commitment to Sustainable Steelmaking

,  /PRNewswire/ — Today, Nucor Corporation (NYSE: NUE) launched “Made for Good,” a campaign highlighting the company’s more than five decades of producing steel using the cleanest methods commercially available, while also showcasing its work with customers in a broad range of industries to help them achieve their sustainability goals and, at the same time, our nation’s sustainability goals.

“Sustainability is being driven by our customers’ values and focus on reducing emissions in their supply chains. As a steel industry leader, Nucor recognizes the importance of environmental stewardship and continuously challenges ourselves to reduce our emissions even more. Through purposeful innovation, Nucor is providing not just steel but solutions that empower our customers to meet their business and environmental goals successfully,” said Dan Needham, Executive Vice President of Commercial at Nucor.

Nucor is among the world’s most sustainable steel producers, annually making more than one-quarter of the steel produced in the United States. The company is a leading pioneer in using a circular, recycling-based manufacturing process with an emissions intensity that is more than three times lower than the average of extractive steelmaking methods using blast furnaces. Nucor is dedicated to further reducing its carbon footprint through innovation and was the first industrial company to join the UN 24/7 Carbon-Free Energy Compact, which is aimed at accelerating the decarbonization of the world’s electricity systems and ensuring access to clean and affordable electricity.

Nucor | Made for Good

“Made for Good” features the company’s recent achievements in sustainable innovations and invites customers, investors, and policymakers to partner with Nucor in tackling the challenge of decarbonization. The campaign’s highlighted case studies include Nucor’s investments in next generation technologies, such as small modular reactor (SMR) nuclear systems, fusion, Nucor’s involvement in reducing embodied carbon emissions in mass-market consumer vehicles, and Nucor’s own innovations, such as Elcyon, the first domestically produced sustainable steel product for offshore wind energy applications.

“For more than 50 years, Nucor has been pioneering circular steelmaking and building a resilient and environmentally sustainable future. This campaign focuses on our dedication to building processes and investing in efficient systems that positively impact the world. The goal of Made for Good is to shape that sustainability narrative and uniquely capture Nucor’s position as an essential partner in constructing a greener tomorrow,” said Peter Campbell, Director of Marketing at Nucor.

In addition to its sustainable steelmaking leadership, Nucor has engaged in policy conversations to accelerate greenhouse gas emission reductions within the industry. Nucor is a founding member of the Global Steel Climate Council (GSCC), which has developed the Steel Climate Standard – a single global standard to measure and report carbon emissions for steel companies in order to increase transparency and drive international investment in lower emission technology.

Nucor partnered with Lippincott, a global creative consultancy, to generate the campaign and Luquire, a marketing and PR agency, to place the media. To explore the campaign, visit Nucor.com/madeforgood. Learn more about Nucor’s commitment to sustainability there and follow the conversation on LinkedIn and Instagram.

About Nucor 

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler. 

CisionView original content:https://www.prnewswire.com/news-releases/nucor-launches-campaign-highlighting-commitment-to-sustainable-steelmaking-301944458.html

SOURCE: Nucor Corporation

For Investor/Analyst Inquiries – Jack Sullivan, 704-264-8942, or Paul Donnelly, 704-264-8807; For Media Inquiries – Katherine Miller, 704-353-9015


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IN THE NEWS with Fastener News Desk the Week of September 25th, 2023

Here’s what’s happening in fastener industry news, and upcoming events the week of September 25th, 2023.

WATCH VIDEO:  (12:15)


 Industrial Supply Company announced that Jessica Yurgaitis is the new Chief Executive Officer. Jessica is a long-time member of Industrial Supply’s Executive Team. With over a quarter-century at the company. Jessica is a great granddaughter of the founder of Industrial Supply Company, Inc. based out of Salt Lake City and part of the fourth generation of leadership. Read more:

Industrial Supply Company Announces New Chief Executive Officer


 

Martin Supply was named one of the Affiliated Distributors (AD) 2023 Industrial Members of the Year. Martin was selected from the AD’s larger Tier 2 industrial and safety members during the “Spirit of Independence Awards” dinner at AD’s 2023 Industrial and Safety-U.S. North American Meeting in Denver.


Exciting news! The 2023 International Fastener Expo is just around the corner, set for October 9-11 at Mandalay Bay, Las Vegas with over 650 exhibitors, including 100 new exhibitors, casting a formidable global footprint. Join fastener industry professionals from around the world for cutting-edge exhibitions, inspiring keynotes, and invaluable networking opportunities. You won’t want to miss IFE, SourceGlobal a dedicated sourcing area where U.S. distributors, importers, and sourcing professionals can meet face-to-face with international partners.

Mark your calendar and make sure to register today to take advantage of discount promo code FND50 by October 8th!

Register Now! Go to FastenerShows.com 


Abbott Interfast, a leading manufacturer, and distributor in the fastener industry is celebrating their 75th anniversary. Founded in 1948 by Chicago Industrialist Marty Binder, the company proudly continues a legacy of manufacturing leadership four generations later. Abbott has continued to grow and expand its product offering over the years and now is a manufacturer and supplier of Automatic Screw Machine parts, CNC products, Cold Headed products, Locknuts, Knobs, and standard fasteners. Read more about AIC”s history: aicfast.com


ARaymond is Celebrating 158 years & 5 Generations of entrepreneurs. From a young entrepreneur in 1865 with a brilliant idea to a worldwide corporation with over 8000 people, 29 Manufacturing facilities and 1.4 billion Euros revenue in 2022. ARaymond leads the global fastening and assembly solutions market with innovation, value creation, and sustainability.

Read more about ARaymond’s vast history at their newly launched website: https://www.araymond-history.com/en


The ITW Shakeproof Thread™ has been chosen as one of the finalists in the 2023 Coolest Thing Made in Wisconsin Contest! The ITW Shakeproof Thread is designed to enhance the ability of a machine screw to remain secure for the service life. It’s unique curved locking thread design stays tight in all conditions, providing unique benefits. Able to be removed and reused.”

Let’s help ITW Shakeproof win this prestigious title!!

VOTE: https://www.madeinwis.com/2023-coolest-thing-made-in-wisconsin/?contest=photo-detail&photo_id=2321


The Fastener Industry’s Favorite Podcast

Threadheads and Fastenerds…tune in to the NEW episode of Fully Threaded Radio. Episode 192 – “The Legend of Boulder Junction”. Join hosts Eric Dudas and Brian Musker with guests: Endries CEO Michael Knight, Don “The Amazing” Shan, Charlie Kerr, Carmen Vertullo on cutting taps and tribute to Marc Strandquist. Plus, a new podcast “Bolts N Hose” from Patriot Bolt. Listen in: https://www.fullythreaded.com


 The National Association of Manufacturers Q3 2023 Manufacturers’ Outlook Survey shows manufacturers with the lowest level of optimism among NAM members (65.1%) since Q2 2020. The sector continues to confront a tight labor market, unbalanced federal regulations and critical policy debates in Congress. The top challenges facing manufacturers include attracting and retaining a quality workforce (72.1%), weaker domestic economy (60.7%), rising health care/insurance costs (60.1%), unfavorable business climate (56.7%), increased raw material costs (45.5%) and supply chain challenges (37.8%). Read full report:

2023 Third Quarter Manufacturers’ Outlook Survey


Two weeks until the International Fastener Expo in Vegas begin held at Mandalay Bay October 9-11th!

To enhance your experience, IFE 2023 offers an AI-powered, award-winning platform, IFE Match that offers attendees and exhibitors a NEW, “smart” way of connecting, building business opportunities, exploring educational sessions, building your itinerary and more – all from your computer or mobile device before you even step foot on the expo floor!

Experience the future of expo networking and scheduling with the IFE Match. It’s time to elevate your expo experience, maximize your connections, and unlock new business opportunities.

The IFE Match mobile app is available for download in the Apple or Google Play store now. For more info visit FastenerShows.com


 

If you’re attending the International Fastener Expo and need to update your LinkedIn profile or company website? The Young Fastener Professionals organization has great news! The YFP will be hosting a photographer at their booth #962 for FREE professional headshots. Stop by the YFP booth on October 10th and take the first step in revamping your professional online presence. 


The Industrial Fasteners Institute Fall Meeting began Saturday, September 23 and will run through – Tuesday, September 26th at the Omni PGA Frisco Resort in Frisco, TX. For membership and event info go to indfast.org https://indfast.org/meetings/


Is the Pacific West Fastener Associations Annual What’s New? What’s Next? Fall dinner program! Tuesday, September 26th includes Vendor Showcase, Cocktail Hour, Dinner, and Program. For more information go to pac-west.org


Have you ever wondered if industrial 3D printing, also known as additive manufacturing, could make your process more efficient, cost-effective, or secure? Join the Würth Additive Group for 3D Printers in the WILD Tour across the United States!  Connect with their team and learn about the power of additive manufacturing by watching it live! The 3D Printers in the WILD Tour stops in:

Louisville, KY Tues, Sept 26, 2023

Chicago, Illinois Mon, Oct 2, 2023

Boston, MA Thu, Oct 5, 2023

Denver, CO Wed, Oct 11, 2023 

For more info about tour dates go to WurthAdditive.com


Fastener Basics

Grow from novice to knowledgeable with Fastener Training Institutes Fastener Basics training coming to a city near you! Learn the basics of fastener parts and increase your fastener knowledge advantage! The all-day training session is geared for individuals new to the fastener industry and those who need to know more about the products they sell. Fastener Basics Training is scheduled for:

LOS ANGELES, CA: Sept. 27 https://fastenertrainingevents.com/fastener-basics-la.htm

UNION CITY, CA: Nov. 16 https://fastenertrainingevents.com/fastener-basics.htm


We have 4 million manufacturing jobs to fill by 2030! Save the Date: Friday, October 6th for Manufacturing Day 2023. Celebrated nationally on the first Friday in October and throughout the month. MFG Day is manufacturing’s biggest annual opportunity to inspire the next generation, positively shift perceptions about our industry, and build the foundation for the manufacturing workforce of the future. Let’s work together and inspire the next generation of manufacturers by hosting a #MFGDay23 event! Resources and toolkits available: https://mfgday.com/resources/


Mark your calendar for October 9-11th at Mandalay Bay, as Las Vegas becomes the epicenter of fastener innovation and expertise. IFE 2023 will offer attendees an array of sessions designed to captivate, educate, and inspire. From a world-class exhibition of fasteners, and industrial products, to a magnetic keynote speaker, enriching conference sessions, and panel discussions led by esteemed industry experts—this is your ticket to new business opportunities.

Register now Use promo code FND50. Go to FastenerShows.com 


Join the Fastener Training Institute for an all-day training program on Monday, October 9th, at the International Fastener Expo! Fastener Fundamentals, The Nuts and Bolts for Fastener Professionals, will offer the best of the Fastener Basics Training and Certified Fastener Specialist™ Training programs. The one-day class will bring the basics of fasteners and beyond to industry professionals. Take advantage of early bird pricing through October 7, 2023. Register now: https://fastenershows.com/fti-class/


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

If you would like to share your company’s news or events contact me, lisa@fastenernewsdesk.com.  Thanks for tuning in to this week’s episode of ‘IN THE NEWS’ with Fastener News Desk.

Sign up for the free FND newsletter designed to keep busy fastener professionals like you up-to-speed on “All things FASTENATING”!

  • Subscribe to receive our weekly newsletter:
  • Join the LinkedIn Fastener News Group:
  • Join the LinkedIn Fastener News Desk page:


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industrial-supply-company-announces-new-chief-executive-officer

Industrial Supply Company Announces New Chief Executive Officer

FOR IMMEDIATE RELEASE

Sept 19, 2023 

Industrial Supply Company Announces New Chief Executive Officer

Industrial Supply Company is pleased to announce that Jessica Yurgaitis is its new Chief Executive Officer. With over a quarter-century at the company, Yurgaitis is a long-time member of Industrial Supply’s Executive Team. As CEO, she replaces Chris Bateman, who retired in June. Currently the Vice Chair of the Industrial & Safety–U.S. Division of Affiliated Distributors, and a former Board Member of the Industrial Supply Association, Yurgaitis is well known in the industry. Over the years, she has formed lasting relationships with both customers and suppliers, which allow Industrial

Supply to meet its customers’ needs.

Randy Evans, Co-Chairman of Industrial Supply’s Board of Directors, noted that he and the entire Board have complete confidence that Yurgaitis is the best person to ensure the company’s future success, and uphold its core values of delivering innovative solutions and superior customer service.

“Not only does Jessica have an intimate knowledge of our business model, but she also is deeply committed to personalized customer service and strong vendor relationships, both of which set us apart from other suppliers,” said Evans.

Yurgaitis looks forward to expanding her role in the company. “We have an incredible leadership team in place, and are well-situated to meet our customers’ needs, no matter what the future brings,” said Yurgaitis. The great-granddaughter of Industrial Supply’s founder, Rudy Orlob, Yurgaitis is part of the fourth generation of company leadership, and she continues the company’s legacy as a family-run business.

###

About Industrial Supply Company

Industrial Supply Company has served the construction, manufacturing, mining, government, and industrial community since 1916. This Utah based maintenance, repair and operational, and production (MROP) distributor has eight locations in the Intermountain West, which serve Wyoming, Nevada, Utah, Arizona, and surrounding areas.

Website: indsupply.com

SOURCE: Industrial Supply Company 


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