IN THE NEWS with Fastener News Desk the Week of February 20, 2023

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Here’s what’s happening in Fastener News in and around the Fastener Industry the Week of February 20, 2023

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Happy Presidents Day as the nation celebrates all those who have served as presidents of the United States. On this Presidents Day, we are sending prayers to President Carter and his family as it was announced that former President is at home receiving hospice care.

In Acquisition news…

AFC Industries announced that they have acquired Saginaw, MI based PF Markey Company. Terms of the deal were not disclosed.

Founded in 1977, PF Markey has grown to be one of the most innovative and capable distributors of cutting tools, abrasives, and other plant supplies in the country. Markey helps customers enhance efficiency and profit by working with them to provide comprehensive efficiency and cost savings programs. They have been a leader in industrial vending and VMI solutions since the 1990’s. PF Markey will continue to be managed by Jim Terry, Tom Hagarty, and the Markey management team. Markey will be part of the AFC tooling division along with Cline Tool.

AFC Industries Acquires PF Markey Company

News out of Dayton, OH. The Winsupply Board of Directors has elected Jeffrey M. Dice as president of Winsupply Inc. effective March 1. Dice, currently the president of Winsupply Equity Group, will replace Winsupply Inc. President John McKenzie, who is retiring Feb. 28.

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State of the Industry Panel Discussion

The Mid-West Fastener Association will be hosting a State of the Industry Panel Discussion tomorrow February 21st in Oak Brook, IL. Attendees will learn the challenges of 2023, updates from Chris Donell/Scanwell Logistics and Christian Richter, from the Policy Group in Washington D.C. For more info go to MWFA.net

Dirk Beveridge of UnleashWD has announced the first human resources event for distributors, designed to challenge traditional thinking on HR and help independent distributors win the war on talent. Registration is now open for the UnleashWD Human Resources Summit for distributors, April 27-28, 2023 in Nashville, Tenn.

Seating is limited for this event be sure to register today to reserve your seat. To Learn more or register at https://events.unleashwd.com/HRSummit

UnleashWD Launches First Human Resources Summit for Distributors

The Industrial Fasteners Institute will host their Annual Meeting March 4-7^th in Napa, CA. The IFI is on track to break attendance records, with 210 registered attendees and counting! Join IFI for a great networking opportunity and to learn more about the IFI. For more info go to https://indfast.org

National Fastener Distributors Association

The National Fastener Distributors Association is accepting nominations for their Fastener Professional of the Year award which was created by NFDA to honor individuals and companies that make a substantial positive impact on people’s lives.

The award recognizes:

Individuals from a fastener distributor or supplier company who make exceptional contributions to their companies and to the industry
Partners or consultants who demonstrate exemplary support of the fastener industry

Membership in NFDA is not a requirement to be selected for the Fastener Professional of the Year award. Self-nominations are acceptable, or nominations can be submitted by others. Nomination deadline is February 28^th. Go to NFDA-Fastener.org for more info.

Women in the Fastener Industry accepting applications for Margaret Davis Scholarship. Scholarship application submission will offer WIFI Members requesting financial assistance to attend Fastener Fair USA. WIFI honors the memory of Margaret Davis of ISSCO, INC/BTM Manufacturing. Member Applications are due by April 5th, 2023.

Apply Now: https://www.fastenerwomen.com/scholarships

The Fastener Training Institute has a scheduled upcoming webinar. Corrosion Resistant Fasteners & Stainless Steel Fastener Specs. The webinar will take place on Thursday, March 23, 2023, 11:00 a.m. to 1:30 p.m. PT The instructor is Carmen Vertullo, Vice President of Business Development at AIM Testing Laboratory. The webinar will address FIGHTING CORROSION IN FASTENING and strategies to combat it, which cost billions of dollars every year. Industrial, transportation, construction, marine and military fastening applications all have specific solutions to the corrosion problem. This webinar will explore the various approaches to corrosion prevention in each of these areas. Brikksen is sponsoring the webinar. To register and learn more about any of the fastener training events we highlighted go to FastenerTraining.org

Fastener Training Week in Cleveland, OH will take place April 3-7th. The Fastener Training Institute and the Industrial Fasteners Institute (IFI) continue their partnership to present Fastener Training Week — This robust program includes five 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. To register and learn more about any of the fastener training events we highlighted go to FastenerTraining.org

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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!

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.