Here’s what’s happening in fastener industry news, acquisitions, and upcoming events in the news the week of September 18th, 2023.
VIDEO: (11:38)
MW Components, a leading provider of precision components, announced the acquisition of Elgin Fastener Group, a specialty fastener manufacturer. The acquisition of Elgin Fastener Group closed on September 8, 2023, and expands MW Components’ existing US-based manufacturing locations to provide fasteners and metal components for global distribution. The combined companies will offer the most comprehensive set of specialty fasteners in the market, including custom fasteners such as nuts, bolts, rivets, screws, and more, along with an extensive catalog of in-stock components.
Read more:
MW Components Expands Fastener Products Through Acquisition of Elgin Fastener Group
Hans Fuller of Fuller Metric was elected to serve a second term as president of the Pacific-West Fastener Association at a recent meeting of the Pac-West Board of Directors.
Other appointments include George Martinez of Brighton Best International was elected as the association’s vice president, and Ryan McCaffrey of Pacific Coast Bolt was elected as secretary/treasurer. Clay Weaver of Industrial Threaded Products will continue as immediate past president. Read more:
The All State Fastener Board of Directors announced the appointment of Darryl Dvorak as CEO. Darryl brings extensive experience from his tenure at the Fastenal Company for the prior 31 years in a variety of executive leadership positions including Vice President of Sales and Product Development, Director of OEM Sales, and Managing Director of European Operations. Darryl has a strong foundation in developing ambitious growth strategies, building new locations from the ground up, program and project management, upgrading existing facilities with cutting edge technologies and leading teams of people with a culture of empowerment and clear vision.
All State Fastener is a family-owned global supplier of fasteners & related assembly hardware, technical support services, VMI systems, and comprehensive supply chain solutions. Read more:
The St. Louis Federal Reserve Producer Price Index:
Commodity: Bolts, Nuts, Screws, Rivets, and Washers August reading was 308.687 down from the July reading of 309.924.
FRED is created and maintained by the Research Department at the Federal Reserve Bank of St. Louis.
The Fastenal Company has begun an operational trial with e-mobility solutions provider ZEVX™ to convert select pickup trucks in its final-mile delivery fleet to electric vehicles. Having completed a proof-of-concept trial with a single converted vehicle, Fastenal and ZEVX are now conducting a six-state trial using the ZEVX battery electric powertrain and power system products to electrify up to 16 trucks in 2023.
ZEVX is an innovator of battery electric power systems and data intelligence for e-mobility applications. The company has a series of battery electric powertrain and power system products that quickly migrate gas-powered Class 2 to 5 fleet assets to zero carbon.
Fastenal Launches Operational Trial to Electrify Select Fleet Trucks
With less than 30 days until the International Fastener Expo in Vegas October 9-11th fastener industry excitement is growing!
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
Happening today, September 18th at 10:00am. ET. is the New England Fastener Distributors Association for Understanding Blueprints, a virtual class. 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.
More info: https://www.nefda.com/event/print-reading-basics-with-jim-speck/
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! Würth Additive Group wants to bring together industry, higher education, and other interested individuals to discuss the latest developments in Additive Manufacturing, both technical and commercial, at their 3D Printers in the WILD Tour
Phoenix, AZ Wed, Sep 20, 2023
Tempe, AZ September 22, 2023
Event link https://lp.wurthindustry.com/3d-printers-in-the-wild-tour-phoenix
Chicago, Illinois Mon, Oct 2, 2023
Event link: https://lp.wurthindustry.com/demo-days-2023-chicago-il-3d-printers-in-the-wild
For more info about tour dates go to WurthAdditive.com
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:
DENVER, CO: Sept. 22 https://fastenertrainingevents.com/fastener-basics-denver.htm
LOS ANGELES, CA: Sept. 27 https://fastenertrainingevents.com/fastener-basics-la.htm
UNION CITY, CA: Nov. 16 https://fastenertrainingevents.com/fastener-basics.htm
The Industrial Fasteners Institute Fall Meeting will be held at the Omni PGA Frisco Resort in Frisco, TX Saturday, September 23, 2023 – Tuesday, September 26, 2023. IFI has an exciting agenda, including keynote speakers and leisure activities. For membership and event details go to https://indfast.org/meetings/
It’s time for 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
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/
Feel the energy building as the 2023 International Fastener Expo (IFE) prepares to set the stage for the largest convergence of the fastener industry in North America.
With IFE’s commitment to excellence and innovation, the event promises to be a catalyst for industry growth and collaboration.
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.
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