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In Event News Thursday, November 4th it`s AFTER HOURS at Rock & Brews Corona with the Pac-West Fastener Association. 5:00 – 8:00 pm. Stop by and meet other people in the fastener industry and expand your professional network. And on Friday, November 5th is the 2021 Mel Kirsner Memorial Golf Outing Get more info about these events at PAC-West.org November 8-10 FastenerFairUSA rolls into Cleveland, Ohio for the next edition of Fastener Fair USA, happening, at the Huntington Convention Center in downtown Cleveland. Also upcoming from Reed Exhibitions is the Fastener Fair CONNECT a two-day virtual business trade, network, and knowledge events for fastener professionals from around the globe. The virtual event takes place: on November 17-18, 2021. Happening on Nov. 11th at 2PM EST Join the National Fastener Distributors Association for a Virtual Panel Discussion: Raw Material Challenges and Freight Issues. Panelists will share their insight, then open it up to questions. For more info go to NFDA-Fastener.org Ever wonder how a bolt or nut is made? Friday November 12th the Fastener Training Institute and Industrial Fasteners Institute are offering a new live, two-hour virtual training course on the different manufacturing processes that most bolts, screws and nuts go through. The webinar will introduce the world of threaded fastener manufacturing. The course traces the development of bolts, screws, and nuts from their humble beginnings as coiled metal wire through thread rolling, heat treating and plating. Participants will have a better understanding of common terms, the process steps, and the machines used to make these types of fasteners. Later this month is Fastener Training Week Los Angeles scheduled for November 29th -December 3rd. The advanced technical training program is offered in partnership with the Industrial Fasteners Institute and is for fastener distributors, manufacturers, and end users. Fastener Training Week, hosted by the Pacific-West Fastener Association, offers five intensive days of education and plant tours as part of the acclaimed FTI Certified Fastener Specialist™ (CFS) advanced technical training program. Save $500 on registration WITH THE EARLY BIRD DISCOUNT when you register before November 1ST.

IN THE NEWS WITH FASTENER NEWS DESK THE WEEK OF NOVEMBER 1ST, 2021 2021 has been a very active year for mergers and acquisitions. We`re dedicated to bringing you the latest in industrial supply acquisitions as they happen. Keeping the industry in touch with pertinent industry news as it happens is our mission at FastenerNewsDesk.com In Acquisition News: Industrial Distribution Magazine reported that B&F Fastener Supply has acquired Mid States Specialty in Illinois. The acquisition marks B&F`s third acquisition since the start of 2017. You can read to full story at inddist.com and search for mergers and acquisitions. Packer Fastener Expands South with New Chicago Branch. With continued growth in 2021, Packer Fastener has decided to expand its brand further south. This will mark the second brick-and-mortar opening of 2021. The new branch is set to open on Nov. 1. Get more info at https://www.packerfastener.com/ Winsupply Inc., one of the largest distributors in the nation, has closed on the purchase of HESCO Supply. HESCO has grown to become one of the 250 largest #distributors in the country. Terms of the purchase were not disclosed. Congratulations to all industrial #distributors who earned a spot-on the Industrial Distribution`s 2021 Big 50 List! Check out which Fastener #Distributors made the ID 2021 Big 50 List Featured at FastenerNewsDesk.com https://fastenernewsdesk.com/29865/industrial-distributions-2021-big-50-list/ Würth Industry North America Announced the Expansion Of their Online CAD Database: Würth Industry North America (WINA), the leading industrial distributor of supply chain solutions for fasteners, MRO, and safety equipment, announced today that it has added over 50,000 c-parts to the Würth CADalog, its online CAD database, bringing the total number of parts in the database to more than 57,000. Morgan Wilson of the International Fastener Expo weighs in on the IFE Carpet Controversy and lots more!

Development prospect forecast and demand scale analysis of the whole industry chain of global and Chinese fastener industry market in 2021 Fasteners are the most widely used basic parts in industry, known as "the rice of industry". Fasteners are characterized by a wide variety of specifications, different performance and uses, a high degree of standardization, serialization and generalization, and a wide range of application fields, involving many departments of the national economy. They are widely used in various machinery, equipment, vehicles, ships, railways, bridges, buildings, structures, tools, instruments, chemicals, instruments and other products. The prosperity of the above main application industries is high, and the demand for fasteners is large, which will further stimulate the expansion of the production capacity of fastener enterprises. The technical progress and industrial upgrading of the main application industries and the further improvement of the requirements for the performance and quality of fasteners will promote the technical progress of the fastener industry and the improvement of the quality of fastener products; The development of new application fields will expand the market demand of fasteners and promote the diversification of fastener products. In recent years, China's fastener industry has basically maintained steady and gentle growth. On the whole, affected by the slowdown of global economic growth and the increasing downward pressure on the domestic economy, the growth of downstream demand for fasteners has slowed down, especially the serious overcapacity of low-end products of domestic fasteners, but the supply of high-end products is insufficient, The fastener industry has shifted from high-speed growth to high-quality growth. (1) Industry definition and classification: fasteners are the general name of a kind of mechanical parts used when two or more parts (or components) are fastened and connected into a whole, mainly including 12 categories: bolts, studs, screws, nuts, self tapping screws, wood screws, retaining rings, washers, pins, rivets, assemblies and connecting pairs, welding screws, etc, It is a kind of mechanical parts used for fastening connection and widely used. (2) Overview of global fastener industry: Fastener demand is mainly driven by commodity price fluctuations, including coal, copper and iron ore prices, product life cycle, competitive pressure and other economic factors affecting the construction and equipment industry. In 2018, the global industrial fastener market is estimated to be US $83.34 billion. Thanks to the great improvement of living standards, which stimulates the demand for durable goods, the global industrial fastener market is expected to grow at a high speed. In the forecast period 2019-2025, it is expected to grow at a compound annual growth rate of 4.1%, and the global industrial fastener market will reach 110.24 billion US dollars by 2025. The trend of fastener manufacturing industry is developing towards the production of innovative products (such as special, micro and hybrid fasteners) to adapt to the changing consumer demand, which indicates the continuous growth of the market in the future. Analysis on current situation of global industrial fastener market scale from 2018 to 2025 C From the proportion of global industrial fastener applications in 2018, the automotive industry is the main application market of the fastener industry, followed by industrial machinery and aerospace. In addition, the demand for products of industrial machinery such as construction and mining is expected to grow at a CAGR of 4.4% in the forecast period, and the demand for products of lawn and horticultural equipment is expected to grow at a CAGR of 3.2%. The demand for downstream applications is on the rise, which is conducive to the stable development of the fastener industry.

Machine Screws Market Witness Stunning Growth By 2028 A2Z Market Research announces the release of Machine Screws Market research report. The market is predicted to grow at a healthy pace in the coming years. Machine Screws Market 2021 research report presents an analysis of market size, share, and growth, trends, cost structure, statistical and comprehensive data of the global market. The top companies in this report include: Foreverbolt, Tong Ming, Gem-Year Industrial Co., Ltd, Tamper-Pruf Screw, Ben Yuan, Monroe, Alex Screw Industrial co, Ltd., SCF, Arlington Fastener, Bossard. As analytics have become an inherent part of every business activity and role, form a central role in the decision-making process of companies these days is mentioned in this report. In the next few years, the demand for the market is expected to substantially rise globally, enabling healthy growth of the Machine Screws Market is also detailed in the report. This report highlights the manufacturing cost structure includes the cost of the materials, labor cost, depreciation cost, and the cost of manufacturing procedures. Price analysis and analysis of equipment suppliers are also done by the analysts in the report. This research report represents a 360-degree overview of the competitive landscape of the Machine Screws Market. Furthermore, it offers massive data relating to recent trends, technological advancements, tools, and methodologies. The research report analyzes the Machine Screws Market in a detailed and concise manner for better insights into the businesses. The report, with the assistance of nitty-gritty business profiles, project practicality analysis, SWOT examination, and a few different insights about the key organizations working in the Machine Screws Market, exhibits a point-by-point scientific record of the market`s competitive scenario. The report likewise displays a review of the effect of recent developments in the market on market`s future development prospects. Global Machine Screws Market Segmentation: Market Segmentation: By Type Stainless Steel Carbon Steel Others Market Segmentation: By Application Airplane Machinery & Equipment Automotive Geographic analysis: The global Machine Screws market has been spread across North America, Europe, Asia-Pacific, the Middle East and Africa, and the rest of the world. Get Exclusive Discount on this Premium Report: https://www.a2zmarketresearch.com/discount/579330 COVID-19 Impact Analysis The pandemic of COVID-19 has emerged in lockdown across regions, line limitations, and breakdown of transportation organizations. Furthermore, the financial vulnerability Machine Screws Market is a lot higher than past flare-ups like the extreme intense respiratory condition (SARS), avian influenza, pig influenza, bird influenza, and Ebola, inferable from the rising number of contaminated individuals and the vulnerability about the finish of the crisis. With the rapid rising cases, the worldwide Machine Screws refreshments market is getting influenced from multiple points of view. The accessibility of the labor force is by all accounts disturbing the inventory network of the worldwide Machine Screws market as the lockdown and the spread of the infection are pushing individuals to remain inside. The presentation of the Machine Screws makers and the transportation of the products are associated. If the assembling movement is stopped, transportation and, likewise, the store network additionally stops. The stacking and dumping of the items, i.e., crude materials and results (fixings), which require a ton of labor, is likewise vigorously affected because of the pandemic. From the assembling plant entryway to the stockroom or from the distribution center to the end clients, i.e., application ventures, the whole Machine Screws inventory network is seriously compromised because of the episode. The research provides answers to the following key questions: What is the projected market size of the Machine Screws market by 2027? What will be the normal portion of the overall industry for impending years? What is the significant development driving components and restrictions of the worldwide Machine Screws market across different geographics? Who are the key sellers expected to lead the market for the appraisal time frame 2021 to 2027? What are the moving and arising advances expected to influence the advancement of the worldwide Machine Screws market? What are the development techniques received by the significant market sellers to remain ahead on the lookout?

Trifast Acquires Falcon Fastening Solutions The Board of Trifast plc in the UK is pleased to announce the acquisition of North American specialist fastenings distributor, Falcon Fastening Solutions Inc. The acquisition represents the successful first step in Trifast`s acquisition led North America expansion strategy, and extends the Group`s global OEM customer base and presence in nonauto focus sectors. Falcon is an established, profitable specialist fastening business with a long-standing blue-chip customer base. The acquisition also opens growth opportunities for Falcon with Trifast`s global customers in key target states. The acquisition is expected to be earnings enhancing in the financial year ending March 31, 2022. Trifast plc has acquired Falcon for a total cash consideration of US$8.3 million on a cash free/debt free basis, which has been funded through the Group`s existing cash and financing facilities. Mark Belton, Trifast CEO says that the Carolinas in the USA are strategically important for Trifast where a number of its global OEMs have facilities. And the combination of Falcon and Trifast`s locations, experience, knowledge and skills will open significant opportunities to expand the service and portfolio offering to both existing and new customers."

Bufab Agrees to Acquire Components Solutions Group Bufab has entered into an agreement to acquire all outstanding shares in the USA company, Components Solutions Group, Inc. (CSG), with annual sales of approximately US$30 million. CSG is a leading distributor of fasteners and other C-class components in the North American market and is headquartered in Dayton, OH, USA. CSG also owns three subsidiaries-two located in Ohio and one in Kentucky. CSG was founded in 2000, and has been mainly owned and run by its current President, Ernie Riling and his colleagues and minority owners Matt Coy, Ken DeCrane, Thomas Girgash and Rick Clark. Under their leadership, CSG has expanded to a strong regional technically oriented supply chain partner with customers across many industries. CSG has currently 85 employees and net sales of approximately US$30 Million with a 10% operating profit. "It gives me great pleasure to announce that CSG is joining the Bufab Group. Over many meetings in the past years, we have gotten to know the company well, and see great similarities to Bufab in the solution-oriented, entrepreneurial approach to creating customer value," says Johan Lindqvist, Bufab`s acting President/CEO. [We are confident that CSG will continue to grow and thrive as a member of the Bufab Group." The acquisition will be financed within Bufab`s existing credit facilities. Purchase price paid at closing of the transaction amounts to US$26 million on a cash and debt-free basis. A performance-related purchase consideration of a maximum of US$10 million may be paid in 2023-2024, conditional on a significantly improved profit.

Peter Lymburner Robertson (December 10, 1879 – September 28, 1951) was a Canadian inventor, industrialist, salesman, and philanthropist who popularized the square-socket drive for screws, often called the Robertson drive. Although a square-socket drive had been conceived decades before (having been patented in 1875 by one Allan Cummings of New York City, U.S. Patent 161,390), it had never been developed into a commercial success because the design was difficult to manufacture. Robertson's efficient manufacturing technique using cold forming for the screw's head is what made the idea a commercial success.[1] He produced his screws (patented in Canada in 1909) in his Milton, Ontario, factory starting in 1908. The brand has been sold over the years,[2] and the manufacturing for the present corporation (Robertson Inc.) is done in Jiaxing, Zhejiang, China; but the Milton, Ontario, building was still a head office for a long time before moving to nearby Burlington, Ontario.[3] Robertson also wrote a book (short title The Remedy, 1932)[4] which suggested a strategy to end the Great Depression. It discussed topics including national debts, currencies, and the gold standard. Robertson was born in 1879 in Seneca Township, Ontario (see historic townships of Haldimand County). As a salesman for a Philadelphia tool company in eastern Canadian sales territories,[5] he was demonstrating tools one day when his straight-bladed screwdriver slipped and cut his hand (a common mishap with the straight slot design). This prompted him to design a different drive for screws that would slip less, leading to his square-socket drive. Robertson headed the Robertson Screw Company until his death in 1951. The Fisher Body company, which made the car bodies for the Ford Motor Company, was one of Robertson's first customers and used over 700 Robertson screws in its Model T car. Henry Ford, after finding that the screw saved him about 2 hours of work for each car, attempted to get an exclusive licence for the use and manufacture of the Robertson screw in the US. He was turned down by Robertson who felt it was not in his best interest and shortly after that, Ford found that Henry F. Phillips had invented another kind of socket screw and had no such reservations. Although the Robertson screw is most popular in Canada, it is used extensively in boat building because it tends not to slip and damage material, it can be used with one hand, and it is much easier to remove/replace after weathering.

Washer, machine component that is used in conjunction with a screw fastener such as a bolt and nut and that usually serves either to keep the screw from loosening or to distribute the load from the nut or bolt head over a larger area. For load distribution, thin flat rings of soft steel are usual. To prevent loosening, several other types of washers are used. All act as springs to compensate for any increase in the distance between the head of a bolt and the nut, or between the head of a screw and the object being clamped. In addition to the spring action, some of these washers have teeth that bite into the workpiece and the screwhead and provide a locking action. They are called tooth or shakeproof lock washers and have teeth that are bent and twisted out of the plane of the washer face. The conical washer has spring action, but the only locking action is provided by friction. The helical spring washer is one of the most commonly used lock washers.

2020 marks the end of the comprehensive implementation of the 13th five year plan. In the past five years, China's economic and social development has made new historic achievements, the overall economic operation is stable, the economic structure has been continuously optimized, and the GDP has exceeded 100 trillion yuan. China's fastener industry adheres to the general tone of seeking progress while maintaining stability, effectively uses new infrastructure to empower and upgrade traditional infrastructure and industries, and constantly promotes the high-quality development of the industry. 1. Overview of China's fastener import and export in 2020 According to the data of the General Administration of Customs of China, the total export volume of fasteners in China in 2020 was about 3.06 million tons, a year-on-year decrease of 3.47%; The total export volume was about US $6.97 billion, a year-on-year increase of 2.05%. In 2020, China's total fastener imports were about 272000 tons, a year-on-year increase of 1.87%; The total import volume was about US $2.79 billion, a year-on-year decrease of 6.06%. Note: the trade name is 7318 steel screws, bolts, nuts, square head screws, hook head screws, rivets and similar products; If there is no actual import and export of the commodity in the specified period, the query results of the commodity in that period will not be displayed. From the above table, we can clearly see that China's fastener exports showed an upward trend from 2016 to 2018. In 2018, China's fastener export volume reached 3.29 million tons, a year-on-year increase of 12.90%, began to decline in 2019, and decreased to 3.06 million tons in 2020, a year-on-year decrease of 3.47%. China's fastener imports are generally stable, with 272000 tons in 2020. It is worth noting that in 2020, COVID-19's export volume of China's fasteners decreased and its export volume increased slightly, which fully demonstrated that the added value of fastener products in China was gradually improving. In 2020, China's fasteners are mainly exported to the United States, Vietnam, Russia and other regions. The largest export market is the United States, with an export volume of 421600 tons and an export amount of 871 million US dollars, accounting for 12.13%. Followed by Vietnam and Russia, accounting for about 5% - 7%. From the perspective of downstream demand industries of fastener products, global fasteners are mainly used in automobile industry, electronic industry and construction and maintenance industry. Among them, the automobile industry is the largest user, and the demand accounts for about 23.2% of the total sales of fasteners; Followed by the maintenance industry market and the construction industry, accounting for about 20% of the total sales of fasteners; The third is the electronics industry, accounting for about 16.6% of the total sales of fasteners. 2. SWOT analysis of fastener industry in China (1) Strength analysis of fastener industry in China 1) Pay attention to environmental protection feedback and improve the quality China's fasteners are developing rapidly and in great demand. The production and manufacturing processes of fasteners include pickling, annealing, cold pier, forming, heat treatment, electroplating, etc., which determine that they will inevitably cause great pollution to the environment. If all kinds of waste gas and wastewater are discharged directly without treatment, they are bound to enter rivers, farmland, atmosphere, etc., thus entering the human food chain, Threatening our health. With the continuous improvement and full implementation of the central regulations on supervision of ecological and environmental protection, China's fastener enterprises have gradually strengthened their awareness of environmental protection. On the one hand, many enterprises strengthen environmental monitoring by means of self inspection and self correction and purchase of environmental protection equipment, reduce sewage discharge and achieve results in building a green factory. For example, in the heating season from 2018 to 2019, the production load in non heavily polluted weather was set at 40%, which once faced survival difficulties. In order to get rid of the unfavorable situation, enterprises take the initiative to wind up and install polluting equipment. During the heating season from 2019 to 2020, the production load of the company increased to 80%, alleviating the embarrassing situation of insufficient construction. On the other hand, the environmental protection of fastener enterprises has made new progress under the background of scientific and technological development. A series of new scientific and technological products have brought vitality to modern fastener manufacturing. Equipment such as electrostatic oil mist collector, waste acid and sewage recovery device and gas-phase antirust film replacing mechanical oil pollution have been scrambled to be selected by fastener enterprises, and the industry continues to trend towards energy conservation and environmental protection. By fighting the blue sky defense war and accurately controlling pollution, green and high-quality development has become the main theme, the profit per ton of the whole industry has increased and the quality has been improved. For example, according to the results of the municipal supervision and spot check on the quality of the first batch of fastener products in 2020, 12 batches of fastener products produced by 10 enterprises in Weifang City, Shandong Province were all qualified after inspection. According to GB / t3098.1-2010 mechanical properties of fasteners bolts, screws and studs and other standard requirements, the minimum load tension, guaranteed load and hardness of the product were inspected. Today, with the gradual globalization of economy, the market competition is becoming increasingly fierce, and quality management is paid more and more attention. In the final analysis, improving the market competitiveness of enterprises is the competition of excellent quality, rationalization of product structure and share of high-end fields. After continuous efforts and continuous improvement, Chinese fastener products have occupied a place in the competitive pattern of the international market. 2) Phased achievements in independent research and development The key factor in the production of high-performance fasteners is the accuracy of cold heading machines. At present, most of China's high-precision cold heading machines are not made in China, and are basically monopolized by Germany and Japan. However, in recent years, domestic cold heading machines, wire rolling machines, screening machines and other mechanical equipment have sprung up. For example, Sijin intelligent has always focused on the market segmentation of cold forming equipment manufacturing, adhered to technological innovation, and the independently developed bnbp-137l remote NC part cold heading machine has realized high-precision feeding and remote real-time adjustment and monitoring technology. This will not only enhance the independent innovation ability and core competitiveness of enterprises, but also give full play to the guiding and exemplary role of leading the technological progress of the industry. In terms of fastener detection equipment research and development, Shanghai Yuezhan Precision Technology Co., Ltd. has made great contributions. Shanghai Yuezhan specializes in the research and development of optical image detection equipment with high precision, high efficiency and high reliability. At present, it has obtained more than 10 patented technologies and a number of software copyrights, boosting the improvement of domestic independent R & D capability. The continuous rise of mechanical equipment enterprises has fully proved the scientific and technological innovation ability of domestic enterprises, further consolidated the core competitiveness of China's fastener industry, and provided solid technical support for the transformation and upgrading of fastener industry. 3) Prominent agglomeration effect of Industrial Park Industrial Park is an important spatial aggregation form for regional economic development, industrial adjustment and upgrading. It is of great significance for gathering innovative resources, cultivating emerging industries and promoting urbanization. At present, more than 2000 high-tech zones, development zones, science and technology parks, industrial parks, industrial bases, characteristic industrial parks and other parks have sprung up all over the country. In recent years, several popular industrial parks in the fastener industry are: Zhejiang high-end fastener Industrial Park, Hebei Weixian fastener Industrial Park, Jiangsu Dainan fastener Industrial Park, Yangdong fastener Industrial Park, Shaoguan Shixing fastener Industrial Park, Lianyungang fastener Industrial Park and Wenzhou tight business intelligent port. These industrial parks give full play to the characteristics of intensification, sharing and extension, Let the development of fastener industry drive into a virtuous circle.

On June 2, 2021, the 12th Shanghai fastener Exhibition (fes2021), jointly sponsored by Shanghai shangsou Exhibition Co., Ltd. and Chinese screw net, opened in the National Convention and Exhibition Center! After 12 years of hard work, polishing and precipitation, Shanghai fastener professional exhibition has become the common choice of high-end brands and innovative enterprises in the industry, the release platform of the latest products, the professional place for trade transactions, the international exchange platform for industry people, and one of the three major fastener professional exhibitions in the world. From June 2 to 4, 2021, this year's Shanghai fastener professional exhibition will last for three days. The organizer will create an upgraded version of the fastener professional exhibition with the theme of "only innovation can have the future". The exhibition scale is 32000 square meters, attracting more than 650 fastener manufacturers and fastener production equipment manufacturers to show. At the same time, the exhibition will also hold a series of wonderful conference activities, It presents an annual high-end industry event integrating commerce, communication and learning. Exhibits range from fastener raw materials → molds → mechanical equipment → fastener finished products → inspection and certification → warehousing and logistics → product sales, covering the whole industry chain; In order to meet the needs of end users, fastener manufacturers and traders in procurement and trade. Double drive of quality and innovation National 650 + brand enterprises gather 2. The finished fastener products Hall of hall 1 is full of stars and star enterprises. Local organizations such as Haiyan group area, Jiashan group area, Dainan group area, Pearl River Delta technology and Industry Association group exhibition area, Zhejiang fastener industry technology alliance group exhibition area, etc. will participate in the exhibition. In addition, there are Zhejiang Dongming, Shenzhen Dahe, Gongpin No.1, Aozhan industry, Shandong Tengda, Hunan PGU, Zhejiang Santie, Wenzhou workers, Hebei rongte, Haiyan Yuxing, Jiashan Yongxin, Ningbo Antuo, Foshan Xihe, Zhejiang xianchuang, Hebei guinai'an, Ningbo Haixing, Shanghai Yuezhan, Zhejiang Jinggu, Zhejiang Shengrui, Kunshan Dongwei, Zhejiang Ansheng, Jingjiang Hengfeng, Zhejiang Fangquan, Zhejiang Senlong, Dongguan Jingwei, Qingtian kaibiao, Jiangsu Jiarui, Wenzhou Ruiyi, Wenzhou Jinsheng, Jiangsu Minglu, Dongguan Ruike, Foshan fuyide, Zhejiang Jiancai, Suzhou Yuefei, Zhejiang Saida, Zhejiang Tianyuan, Nantong Jiagu, Wenzhou yongansheng, Ningbo Henghui, Hebei Wuhe and other star enterprises collectively appeared, Hand in hand to provide complete product solutions for downstream industries.