IN THE NEWS with Fastener News Desk the Week of August 21, 2023

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Here’s what’s happening in fastener industry news, scholarship awards and opportunities and upcoming events the week of August 21, 2023

Watch now on YouTube @FastenerTV: (12:05)

For the 2nd time, Patriot Bolt and Fastener makes the INC. 5000. List, Coming in at NO. 1716, with three-year revenue growth of 326%. INC. 5000 is an annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Kris Kolb, Founder and CEO of Patriot Bolt said “We owe our success to the amazing efforts of our team. Their dedication to excellence, innovation, and working together has brought us to new levels and made us a leading company in the fastener industry.”

Patriot Bolt and Fastener Makes Inc. 5000

The St. Louis Federal Reserve Producer Price Index for the Commodity: Bolts, Nuts, Screws, Rivets, and Washers July reading registered at 309.924, continuing in an upward trend vs the June reading of 305.819. FRED is created and maintained by the Research Department at the Federal Reserve Bank of St. Louis. Read report.

Listen Up Threadheads and Fastenerds!

Tune in to the NEW episode of Fully Threaded Radio! “The Smell of Thread” with hosts Eric Dudas and Brian Musker! Chris Nissen of Aspen Fasteners traces amazing changes in the fastener industry during his long tenure as a family-owned importer turned digital seller. Commentary on the latest FDI numbers that have many sensing something unpleasant in the air. John “Cool Hand” Butler rides shotgun on the Fastener Training Minute with Carmen Vertullo.

Listen in: https://www.fullythreaded.com/episode-191-the-smell-of-thread/

Happening this week…

The Mid-West Fastener Association’s highly anticipated FSTNR Week which had their unofficial kickoff over the weekend with the Rugged Maniacs Teambuilding endurance event and the annual MWFA ‘Sleep in Heavenly Peace” Bed Build event! This week exhibitors and attendees will experience:

MWFA Plant Tours
Print Reading Seminar
A Panel Discussion | Embracing Artificial Intelligence
41^st MWFA Fastener Show
Retro 80’s Fastener Bash
MWFA 70^TH Golf Outing & Mixer.

For more info go to www.mwfa.net

Fastener Training Institute’s Fastener Training Week kicks off today in Chicago and runs through the-25th, as part of the Mid-West Faster Association’s FSTNR Week! The Fastener Training Institute and the Industrial Fasteners Institute (IFI) continue their partnership to present Fastener Training Week — five intensive days of education and plant tours as part of the acclaimed FTI Certified Fastener Specialist™ (CFS) advanced technical training program. After completing this invaluable industry training in a small group environment and passing a final exam, attendees are eligible for the CFS designation. For more about the next Fastener Training week taking place in Los Angeles, CA December 4 – December 8, 2023 go to: https://fastenertrainingevents.com/los-angeles-2023.htm

Less than 2 months away! until the 2023 International Fastener Expo at Mandalay Bay in Las Vegas October 9-11, 2023. Step into the future of fasteners, machinery, and industrial products at the most anticipated event of the year! The International Fastener Expo (IFE) is the ultimate business-to-business expo for all things fasteners…As the largest fastener event in North America for more than 40 years, IFE caters to every level of the supply chain, making it the go-to event for fastener industry professionals. Attendees can participate in special events like the IFE Annual Golf Tournament, the Welcome Reception Party, Keynote Speaker, informative sessions on the show floor. And the prestigious Fastener’s Hall of Fame & Young Fastener Professional Award Ceremony, where industry excellence is celebrated. Register now Use promo code FND50 to save $50.00 on registration. Go to FastenerShows.com

Golfers grab your clubs and get ready for the North Coast Fastener Association’s SCREW OPEN GOLF OUTING taking place Thursday, September 7^th at the Valleaire Golf Club in Hinckley, OH. Join fastener industry friends for a fun filled day of golf, contests, and prizes. All the fun is for a great cause – to raise $$ for the NCFA annual scholarships. http://events.r20.constantcontact.com/register/event?oeidk=a07ejvxebdo6d4c1828&llr=5rloivzab

Golfers get ready for the Southwestern Fastener Association will hold their Annual Golf Outing and Networking event on September 7^th at the Hermann Park Golf Course in Houston, Texas. BBQ dinner and awards presentation after the tournament. For more info go to https://www.southwesternfastener.org/

LIVE WEBINAR: Fundamentals of Fastener Plating and Coating September 8, 12:00 p.m. to 2:00 p.m. ET Co-Produced by Industrial Fasteners Institute and Fastener Training Institute. With instructor, Laurence Claus, IFI Director of Education and Training. Participants will explore why platings and coatings are applied to fasteners, the basics of electroplating and other coating processes. Register now: https://fastenertrainingevents.com/fundamentals-of-plating.htm

Women in the Fastener Industry organization announced the recipient of the Ann Bisgyer Wolz Scholarship. Congratulations to Tammy Schuman, of Stock’d Supply. Tammy will receive tuition for the Fastener Training Institute’s training to become a certified fastener specialist. For more info about WIFI scholarships and membership go to FastenerWomen.com

MWFA’s by-line is “Where Education is a Priority” The MWFA Is accepting applications for their 2023 Education Scholarships. This is a great opportunity you won’t want to miss out on! If you qualify, you could receive significant financial support to pursue your educational dreams. Multiple scholarships will be awarded, with a minimum award of $1,500.

The scholarships will be awarded at the November MWFA meeting. The application deadline is September 1st. For details and application go to https://mwfa.net/

DOWNLOAD MWFA SCHOLARSHIP APPLICATION: https://www.mwfa.net/pdf/scholarship-application-new.pdf

Connect – Learn – Grow at the 2023 Pac-West Fall Conference happening Thursday, September 14, 2023 – Saturday, September 16, 2023. Three days of networking, education, and fun. To learn more and register go to: https://www.pac-west.org/index.php?option=com_jevents&task=icalevent.detail&evid=541

Join the New England Fastener Distributors Association for Understanding Blueprints, a virtual class September 18th at 10:00am. ET. The class is for anyone in the fastener industry, whether you’re just starting your fastener career or are a seasoned veteran. Instructor Jim Speck will be demonstrating how to effectively read a blueprint.

Jim will cover the basics such as:

How to read a print
The different types of prints
Understanding what needs to be on a print
Understanding tolerances and specifications

Visit https://www.nefda.com/event/print-reading-basics-with-jim-speck/ to register now!

Fastener Basics

Grow from novice to knowledgeable with Fastener Training Institutes Fastener Basics in Denver, CO, on September 22 from 8:30 a.m. to 4:00 p.m. Expert trainer Laurence Claus, Industrial Fasteners Institute, Director of Education and Training, will teach this all-day training session geared for individuals new to the fastener industry and those who need to know more about the products they sell. Learn more and register today! New employees in the fastener industry need to gain expertise about a host of parts, including varying sizes and finishes. In Fastener Basics, students will grow from a novice to knowledgeable.

This in-person training opportunity is perfect for those new to the fastener industry, those who need to know more about the products they sell, as well as warehouse, sales and purchasing employees. Learn in a small group environment and bring learning and training materials back to the job. Register today at: https://fastenertrainingevents.com/fastener-basics-denver.htm

Join the Fastener Training Institute for an all-day training program on Monday, October 9^th, 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/

Stay tuned for the BIG announcement about this years inductees to the prestigious IFE Fastener Hall of Fame and Young Fastener Professionals of the 2023.

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

The stories featured in this week’s episode of IN THE NEWS can be found in our (X) feed @FastenerNew 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.

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Hey there! We have 4 million manufacturing jobs to fill by 2030!

Let’s work together and inspire the next generation of manufacturers by hosting a #MFGDay23 event!

Save the Date: Friday, October 6^th 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.

Resources and toolkits available: https://mfgday.com/resources/

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