“Hello, fastener enthusiasts and industry professionals! Welcome to your weekly dose of all things fasteners. This is where we tighten the screws on the latest news, trends, and innovations in our industry. Whether you’re a bolt buff, a nut nerd, or just riveted by rivets, we’ve got you covered. So, let’s thread our way through the world of fasteners together. Welcome to this week’s episode of In The News with Fastener News Desk!”
Here’s the stories you need to be following in fastener industry news, trends, acquisitions, and upcoming events making headlines the week of January 29, 2024.
Watch now on FastenerTV:
In a transformative move for the wholesale distribution industry, the National Association of Wholesaler-Distributors (NAW) announced its strategic acquisition of Modern Distribution Management (MDM), the preeminent source of data, insights, and thought leadership in the distribution industry. This powerful integration unlocks a wealth of data-driven intelligence for NAW members and MDM subscribers.
NAW Expands Reach and Deepens Resources with Acquisition of MDM
MEIDOH Co., Ltd., an international leader in the production of automotive fasteners announced it has acquired Pilgrim Screw Corporation d/b/a Pilgrim Aerospace Fasteners
Pilgrim is a leading manufacturer of screws, bolts, rivets, clevis pins, and other fasteners for the aerospace market with manufacturing operations located in Chandler, Arizona and a small office in Providence, Rhode Island. Pilgrim’s customers include some of the world’s biggest names in the aerospace industry.
MEIDOH, a third-generation company owned by the Hasegawa family, is the premier supplier of bolts to Toyota. They have manufacturing plants in Japan, China, Indonesia, Thailand, and the United States with more than 2,000 employees worldwide.
MSC INDUSTRIAL SUPPLY Co. premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America announced that it has acquired KAR Industrial Inc. (KAR), a metalworking distributor supplying measuring and cutting tools, machine tool accessories and other manufacturing related supplies across Canada’s industrial landscape.
Optimas Solutions made two strategic hires expected to help further support the company’s complementary direct manufacturing and distribution business strategy. Jim Heller was named Senior Vice President of Distribution, and Chris Martens was named Vice President of Manufacturing for the Americas region.
In their partnership with Trex Fastenal collects and bales shipping plastic film from 13 distribution centers keeping 600,000 pounds of plastic out of the landfill in the first year alone. Last year Fastenal reused or recycled 70% of the materials that went through their distribution and manufacturing network. Trex repurposes one billion pounds of reclaimed materials in the making of its products, including approximately 400 million pounds of plastic film.
One change that’s keeping 600,000 pounds of plastic out of landfills
Increase your knowledge and earning potential with a CFS designation. Fastener Training Week will be taking place in Cleveland, OH April 8 – April 12, 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. Register now at https://fastenertrainingevents.com/fastener-training-cleveland.htm
One of the most misunderstood themes between fastener manufacturers and customers is the application of geometric dimensions and tolerances (GDT) on prints. The Fastener Training Institute and the Industrial Fasteners Institute are offering a 2-day course “Geometric Dimensioning and Tolerancing for Fasteners | February 19 & February 20, 9:00 a.m. to 4:00 p.m. at IFI Headquarters, Independence OH. The course will explore how specific geometric characteristics are used to describe fit, form, and function on threaded fasteners. Register now at FastenerTraining.org
Wurth Industry has partnered with Trident Technical College in Charleston, SC to provide three in-person fastener training courses taught by Technical Instructor Randy Lammers! Increase your skillset and gain more knowledge, experience, and understanding about fasteners and their critical role in the quality and integrity of items engineered and manufactured in these three courses:
Fastener Basics – February 26, 2024, Corrosion & Fastener Finishes – March 25, 2024, Special Purpose Fasteners – April 22, 2024
Learn more and register here: https://www.tridenttech.edu/ce/engineering-and-manufacturing/construction-and-engineering.html
Registration is now open for the Pac-West 2024 Spring Conference and Tabletop Show! The conference and Tabletop Show are scheduled for March 6 – 8 th in Anaheim, CA. The Spring Conference will feature next-level education, a tabletop show with more than 70 vendors and exciting activities including golf and an Anaheim Ducks hockey game. To register go to https://www.pac-west.org/
Registration is open for STAFDA’s highly anticipated Excellence in Distribution EDUCATIONAL CONFERENCE FOR CONSTRUCTION AND INDUSTRIAL PROFESSIONALS
The three-day management school is designed specifically for professionals in construction, industrial distribution and supply chain industries. STAFDA’s Excellence in Distribution (EiD) will be March 12-14th in Nashville. Register & Agenda: https://excelindist.org/agenda/
NEW ENGLAND FASTENER DISTRIBUTORS ASSOCIATION | March Madness Bowling Event on Thursday March 21 at High Rollers at Foxwood Resort & Casino. Join association members and friends for an evening of networking and pins, spins & wins! Register today at https://www.nefda.com/events/
NFDA Seeking Nominations for the Fastener Professional of the Year Nominations.
The award was created by NFDA to honor individuals and companies that make a substantial positive impact on people’s lives. 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. The deadline to nominate is February 12, 2024
Go to https://www.nfda-fastener.org/ to nominate today!
The Gilchrist Foundation is accepting applications for their 2024 scholarship! Providing scholarships and leadership opportunities for persons engaged in or pursuing careers in the fasteners industry. The application is available at: http://www.gilchristfoundation.com. The application is due by May 31, 2024.
The stories featured in this week’s episode of IN THE NEWS can be found at Fastener News Desk or in our feed @FastenerNews at X.com the twitter rebrand, on LinkedIn in the Fastener News Group and @FastenerNews at Threads!
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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