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  • Bulten establishes operation in India through joint venture company

    Posted in Fasteners manufacturers, Innovation on Nov 23, 2023

    Bulten is establishing manufacturing operations in India through a newly formed joint venture company – Bulten Radium Industries Private Ltd. – alongside two partners: Radium Fasteners Private Ltd. (Radium) and ZJK Precision Parts HK (ZJK). The driver is an increased need for domestically produced micro screws among international customers in the electronics sector with production in India.

    “Our ambition is to increase sales, primarily of micro screws, to companies in the electronics industry. India is a growing market for this segment, as many international manufacturers of electronics are locating more and more of their Asian production in India. This is the driver behind our new operation in India, and we plan to begin production during the first half of next year,” says Anders Nyström, President and CEO of Bulten.

    The operation will be based at a new production plant currently being constructed in Jamnagar, in the western Indian state of Gujarat. The aim is to be fully up and running during the second quarter of 2024, and to have about 50 employees. The building will be leased by Bulten Radium Industries Private Ltd. and therefore involves only limited investment costs for Bulten.

    Bulten has a 51 per cent holding in the newly formed joint venture company. ZJK has previously been a partner to Bulten for the manufacture of micro screws in China, and Radium is a newly formed company owned by experienced players in the fastener industry in India.

    As well as the newly started JV company, Bulten also operates in India through the newly acquired distribution company Exim Mfr & Enterprise.


    Author: Ulrika Hultgren

    SVP Corporate Communications & IR, +46 727-47 17 58,

    ulrika.hultgren@bulten.com

  • 3 Synergistic Exhibitions Bridging Borders, Empowering Supply Chains in Taiwan

    Posted in Fairs and exhibitions, Fasteners manufacturers on Oct 11, 2023

    Taiwan Hardware Show, International Metal Technology Taiwan and T-SAFE Occupational Safety Taiwan ready to welcome international buyers from 18 to 20 Oct

    The stage is set for a large global manufacturer-buyer gathering as Taipei welcomes three synergistic exhibitions featuring the 22nd edition of Taiwan Hardware Show (THS), 8th edition of International Metal Technology Taiwan (iMT Taiwan), and 1st edition of T-Safe Occupational Safety Taiwan. Themed "Bridging Borders, Empowering Supply Chains in Taiwan," specifically to highlight Taiwans centrality in being the nations and North Asia’s production and supply hub, this global-customer focused trade exhibitions will together deliver an industry-changer trade platform for the global hardware, metal technology, and safety equipment industries.

    THS, iMT Taiwan and the inaugural T-SAFE will boast an impressive technology showcase from a lineup of 300 exhibitors across 10,000 square meters of exhibition space, over 3 show days from 18 to 20 October at the Nangang Exhibition Center. Exhibitors comprise a diverse array of industry leaders and innovators, converging to exhibit their cutting-edge products and solutions to meet industry demands to see the best of Made-in-Taiwan innovations that are well-known of its high export quality.

    The lively show floor exhibition will accommodate the latest new-in-market and trend-fronting OEM offerings in hardware, metal technology, and safety products. Trade visitors can explore a wide range of products, from power tools and accessories to locks, fasteners, building supplies, plumbing hardware, garden and outdoor equipment, automotive supplies, and more. Additionally, attendees can participate in over 30 onsite seminars and networking events led by supporting organizations such as EDRA/GHIN, GAMMA (Federation of Indonesia Metal Works And Machinery Industries Association), the Malaysia Federation of Hardware, Machinery & Building Materials Dealers’, Taiwan MIRDC and other international supporters whose presentations are designed to enhance industry knowledge exchange. Hardware professionals can look forward to engaging sessions with product manufacturers presenting their creative know-how at the ‘DIY Demo Area.’

    As an innovation-driven trade platform, the exhibition will feature tech-enabled digital services under its ‘Expo Tech’ value proposition, providing for the first-time autostereoscopic 3D display, touchscreen exhibition show floor plan, Web VR exhibition experience and smart scanning for lead retrieval – all features mirroring its organizer, Kaigo Co,. Ltd. digital upscaling efforts to enhance the visit and participation experience for all attendees.

    Record number of visiting countries and high-value visitor experience expected

    The exhibition will be graced by esteemed international VIP delegations and media representatives from around the world, including Germany, Japan, Indonesia, Malaysia, Italy, Turkey, France, Vietnam, Korea, and more. Their presence underscores the global significance of this event. Furthermore, pre-registration has seen a remarkable response, with visitors hailing from an astounding 63 countries. This diversity highlights the exhibition worldwide appeal and its capacity to facilitate international collaborations.

    "As the organizers of this sourcing-focused exhibition, our primary objective is to showcase Taiwan's exceptional manufacturing capabilities, producing products of global standards that international buyers are eagerly seeking to distribute in their home markets. Through the Taiwan Hardware Show, International Metal Technology Taiwan, and T-Safe Occupational Safety Taiwan, we aim to demonstrate how Taiwan stands at the forefront of industries, offering quality and innovation that empowers supply chains worldwide. Taiwan's commitment to excellence makes it the ideal partner for global buyers looking to bring top-tier products to their markets," highlighted Mr Gerd Keim, President of Kaigo Co,. Ltd.

    The Taiwan Hardware Show and International Metal Technology Taiwan will showcase a wide array of products and services, including power tools, tools & accessories, locks & fittings, fasteners & fittings, building supplies, plumbing hardware, garden & outdoor equipment, automotive supplies & accessories, machine & plant equipment. Simultaneously, T-Safe Occupational Safety Taiwan will present the latest advancements in safety equipment and products, ensuring that attendees are well-informed about the most critical aspects of occupational safety that are getting keen concern from Taiwan’s industries committed to ensuring their workforce well-being as they serve world markets’ needs for Taiwan’s trusted quality-marked products.

    Don't miss the opportunity to be part of this industry- exhibition that brings together the best and brightest in the hardware, metal technology, and safety industries. Apart from the extensive networking opportunities, business matching services are also available to those seeking to source for top-quality products. The exhibitions are a must-visit, promising an experience that will empower competitive businesses and enhance entrepreneurs’ global outlook. or to stay updated with the latest industry trends. The Taiwan Hardware Show (THS), International Metal Technology Taiwan (iMT Taiwan), and T-Safe Occupational Safety Taiwan are ready to bring out Taipei’s conducive location to hold a truly international exhibition that promises innovation, collaboration, and global impact.


    Author: Taiwan Hardware Show

    For further information, please visit the respective exhibition websites or contact:

    Email: ths@kaigo.com.tw

    Website: http://www.hardwareshow.com.tw/home/Main_eng.asp

    Tel: +886 2 2595 4212

    Fax: +886 2 2595 5726

  • Strategic realignment with the establishment of a new joint venture.

    Posted in Fasteners manufacturers, Industry 4.0 on Aug 25, 2023

    EJOT Group focuses on North American market

    With the implementation of the future concept "EJOT 2025", the EJOT Group will focus more strongly on international markets outside Europe. An important building block is the strategic reorientation of the activities on the North American continent. For this purpose, the two long-standing joint venture partners EJOT and Accurate Threaded Fasteners, Inc. (ATF) have realigned their activities in the field of industrial fasteners.

    EJOT-ATF-LP-Klein.jpg

    The core point is the foundation of the new joint venture "EJOT ATF LP", of which EJOT holds a majority share of 51 percent. In addition to the North American business of the EJOT Market Unit Industry, the company Accurate Threaded Fasteners, Inc. (ATF) will be merged into this joint venture. The headquarters are located in Lincolnwood/Illinois, north of Chicago, as well as two other, smaller locations in the state of Michigan, near the automotive metropolis Detroit. In the existing joint venture "EJOTATF Fasteners de Mexico" (San Luis Potosi/Mexico), EJOT will also receive the majority of the company shares. In the future, the locations in the USA and Mexico will form a joint North American unit for the development, production and marketing of fasteners, such as screws and cold formed parts for industrial customers.

    EJOT-ATF.jpg

    The US company EJOT LP will remain in existence and will be managed in future as a pure sales company of the Market Unit Construction (MUC).

    "The new corporate structure will again improve our market position, especially in the automotive industry, and create new opportunities for both partners," emphasizes EJOT CEO Christian Kocherscheidt. The new American unit now offers a state-of-the-art product portfolio in the area of thread-forming fasteners. EJOT's approach of reducing system costs for customers by pre-designing the joint is supported by further investments in application technology laboratories and simulation programs. "In addition, the company is embedded in the global sales and production system of the EJOT Group, which improves service for North American customers - with the goal of playing a leading role in the US fastener market," Kocherscheidt added.

    In the automotive industry, the growth markets with demanding and dynamic customers are increasingly located in North America and Asia. He added that customers in Germany and Europe would not be neglected. "However, we have to take note that the general conditions in Europe have become more difficult." As a medium-sized family-owned company, EJOT strives to recognize risks, balance them as much as possible and seize opportunities, Kocherscheidt explains. "As a technology leader, we can bring great benefits to customers in North America, especially in the area of e-mobility."

    ASYST-USA.jpg

    For the EJOT Group these changes are linked with an increase of about 300 employees. Thus, for the first time, the family-owned company from Bad Berleburg with a total of about 4,400 employees has a predominant share of employees outside Germany.

    Another change concerns the area of headlight adjustment systems: Up to now, the EJOT Group was active in this field with the EJOT SE & Co.KG in the European and Asian market, as well as in North America with the joint venture ASYST Technologies in Kenosha/Wisconsin. ASYST Technologies was founded in 1996 by EJOT and the owner family of ATF and has become the market leader in North America.

    With the increasing globalization of the European, Asian and American customers, both owner families decided to bundle the worldwide activities in headlamp adjustment at ASYST Technologies and to transfer the entrepreneurial leadership of the joint activities in headlamp adjustment to this company. In this new division, the EJOT plants will assume the role of production service provider outside North America. EJOT will also provide project-related services for ASYST Technologies in the area of product development.

    INFO

    • Both companies, EJOT and ATF, are family businesses. The owner families Kocherscheidt and Surber have been friends for decades.
    • Entrepreneurial passion, innovative strength, employee orientation as well as social and societal responsibility characterize both joint venture partners.
    • ATF was founded in 1946 and is headquartered in Lincolnwood, a suburb of Chicago. In 2022 the company had sales of approximately $100 million.

    Author: Andreas Wolf

    Public relation

    andreas.wolf@ejot.com

    Telephone: +49 2751 529-6905

  • International Fastener Show 2023

    Posted in Fairs and exhibitions, Fastener distribution, Fastener suppliers, Fasteners manufacturers, Hardware on Jul 19, 2023

    International Fastener Show 2023, supported by China Fastener will be held from July 1-31, 2023. It is expected that more than 300 exhibitors, 100,000 international buyers will participate in the show.

    Making full use of 19-year experience in B2B platform operation and 13-year experience in Fastener Expo Shanghai, China Fastener devotes all efforts to link the needs of upstream and downstream enterprises at home and abroad.

    Suppliers and buyers

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    Most of them are from Haiyan, a well-known high-quality fastener production area in China. Their products are sold well in major fastener markets around the world such as Europe, America, Asia-Pacific.

    At the same time, the Show will also invite purchasers from all over the world to participate. Well-known companies such as Würth, Böllhoff and Leja Europe have found suitable suppliers through International Fastener Show.

    1 on 1 Purchase Meeting

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    The 1 one 1 Purchase Meeting connects international buyers with Chinese Fastener suppliers without being limited by venues. The professional customer service team will coordinate the meeting to help buyers find qualified suppliers efficiently.

    As of December 31st, 2022, more than 2611 Meetings have been completed in the history of International Fastener Show. More than 60 Haiyan companies have reached a purchase intention of $10 million with 2493 buyers from 55 countries.

    Online events

    It helps fastener companies to link domestic and foreign upstream and downstream enterprises’ needs through various forms such as “cloud exhibitions”, “cloud interactions”, “cloud negotiations”, “cloud factory visits”, “cloud forums”, etc., to establish new channels for Chinese enterprises to expand overseas markets and create more accurate , more convenient and higher-quality online procurement platforms for foreign purchasers.

    This is an online event that you definitely cannot miss! If you are interested in the 2023 online exhibition, you can contact us at +86-16605830755 or visit our website at www.fastenershow.com.


    Author: International Fastener Show

  • Bulten enters into agreement to acquire Exim & Mfr Holdings Pte Ltd

    Posted in Acquisitions, Fasteners manufacturers on Jul 10, 2023

    Bulten has entered into an agreement to acquire all shares in Exim & Mfr Holdings Pte Ltd “Exim”, an Asian, Singapore-based distributor of fasteners and other components, for a purchase sum of approximately SGD 66.3 million (SEK 530 million) on a cash-free and debt-free basis. The acquisition affords Bulten a good platform to grow in new sectors, where the distribution stage is a pivotal sales channel.

    The acquisition is expected to contribute to Bulten’s development and earnings, and to increase earnings per share. Exim gives Bulten access to a large, broad customer base in growth sectors in a dynamic region. The acquisition is an important part of Bulten’s strategy, which aims for growth outside of the company’s primary customer group of automotive, and to improve risk diversification, as well as margins.

    Anders Nyström, President and CEO of Bulten Group, comments: “Our strategy sets out a clear focus on balancing our sales through growth in customer groups beyond the automotive industry. The aim is for these to account for at least 20% of sales by 2025. The acquisition of Exim takes us into the distribution stage, which is a key to profitable growth in new sectors. Exim is a well-managed company with an international customer base and developed processes for distribution and Vendor Managed Inventory (VMI), which is suitable for industries with completely different purchasing patterns than Bulten has historically been used to. Exim’s base in Singapore is also highly attractive. It enables us to take advantage of the strong growth in that region, and we also see potential in using Exim’s sales network to increase sales for our factories in China and Taiwan. Exim will, together with Bulten's rapidly growing business to consumer electronics customers, constitute the beginning of a new industrial segment.”

    Background

    Exim & Mfr Holdings Pte Ltd is a privately owned company based in Singapore. Established in 1982, the company distributes fasteners and other c-parts*, along with related services from more than 1,800 manufacturers and suppliers for American, European, Indian and Japanese companies operating in Asia. The company has more than 1,000 customers in a range of sectors including telecom, electronics, energy, medical technology, aviation, and other industrial manufacturing. Exim has approximately 140 employees in Singapore, India, Indonesia, Malaysia, Thailand, the Philippines and Vietnam, and annual sales of about SGD 40 million (SEK 320 million).

    Purchase sum and completion

    The purchase sum is approximately SGD 66.3 million (SEK 530 million) on a cash-free and debtfree basis. The sum will be paid in cash with equal financing from an existing credit facility with Svenska Handelsbanken and an additional loan from the Swedish Export Credit Corporation. The acquisition is expected to be completed during Q3 2023. The transaction cost is estimated at SEK 8 million.

    KPMG, Drew & Napier, and Setterwalls are acting as advisers to Bulten in connection with the acquisition.

    Access to the shares is expected to take place on August 31, 2023, taking into account the fulfillment of customary conditions according to the transfer agreement.

    * Components with a low unit price that manufacturing companies stock in large quantities. Questions related to the entered agreement regarding the acquisition can be asked at Bulten’s presentation of the Q2 result on July 12.

    Questions related to the entered agreement regarding the acquisition can be asked at Bulten’s presentation of the Q2 result on July 12.

    Webcast BultenQ2: https://ir.financialhearings.com/bulten-q2-2023

    Teleconference Bulten Q2: https://conference.financialhearings.com/teleconference/?id=200812

    For further information, please contact:

    Ulrika Hultgren, SVP Corporate Communications & IR, +46 727-47 17 58, ulrika.hultgren@bulten.com


    Author: Ulrika Hultgren

  • SUCCESS BEYOND ANY EXPECTATION FOR THE DEBUT OF INTERNATIONAL HARDWARE FAIR ITALY

    Posted in Fairs and exhibitions, Fastener distribution, Fastener suppliers, Fasteners manufacturers, Hardware on May 22, 2023

    More than 5,300 visitors from 30 countries. The new trade fair, powered by EISENWARENMESSE, achieves its goals and meets the expectations of visitors and exhibitors.

    INTERNATIONAL HARDWARE FAIR ITALY

    The first edition of International Hardware Fair Italy took place from 5-6 May 2023 at Fiera di Bergamo. International Hardware Fair Italy 2023, organised by Koelnmesse Italy on the model of EISENWARENMESSE, was sold out with 302 exhibitors in its two halls. The trade fair experienced a strong participation from international companies from 20 countries, including group and individual participants. Along with a strong European participation from Italy, Germany, France, Spain, Belgium, Switzerland, Poland, Greece, Bulgaria, Holland, Slovenia, United Kingdom, Norway, Serbia and Turkey companies from Australia, India, Taiwan, China and Unites States joined the premiere event.

    The strong synergy with EISENWARENMESSE, the world's largest trade fair for the sector is the basis for the immediate success of the new events’ first edition that registered more than 5,300 visitors from 30 different countries. International Hardware Fair Italy aims to become the new Italian "home" of hardware both at Italian and European level and hosts the entire world of hardware, building, DIY, outdoor & garden, as well as safety, paints & colours, electricity and industrial supplies. Complementary to EISENWARENMESSE the Italian event is held in odd years.

    A platform that meets the real needs of professional industry

    “For some time now, we have been gathering clear signals from the Italian and European market to organise an event dedicated to the hardware, building and DIY world, which was not yet present in Italy. And the market proved us right,” commented Markus Oster, Vice President Trade Fair Management, Koelnmesse GmbH in Germany. “The success of this first edition comes from all our experience as trade fair organisers, which has enabled us to structure a trade show exhibition that meets the real needs of the industry. Also thanks to the strong support to this first edition of the many European and Italian associations, we managed to create the most representative platform in Italy for the European market,” added Thomas Rosolia, CEO of Koelnmesse Italy.

    International Hardware Fair Italy partners with EDRA/GHIN

    The partnership with EDRA/GHIN (European DIY Retail Association-EDRA, and Global Home Improvement Network-GHIN) represented an important step towards establishing the event at European level. “The International Hardware Fair Italy was one of the most successful first editions of a Trade Fair that I have had the pleasure of experiencing” commented John W. Herbert, General Secretary of EDRA/GHIN. “The organisers of the coming together of the industry in Bergamo can be most proud for what they have accomplished with this show, which will have a most promising future.”

    The national and international associations’ support

    The leading associations in the different sectors, more than twenty of them both Italian and European, also confirmed their support and cooperation for the trade fair. Among them, we can mention ZHH, the Professional Association for the Hardware Trade; FWI, the Association of Tool Manufacturers in Germany; Assofermet Ferramenta, the Italian Association of Hardware Distributors. At regional level, the response was also strong, gaining the cooperation of organisations with strong roots in the region, including Ance Bergamo, Confartigianato Imprese Bergamo, Confindustria Bergamo and, in particular, Ascom Confcommercio Bergamo, which includes one of the largest hardware business networks in Italy.

    The key role of matchmaking

    The matchmaking programme was a key event to enable companies and distributors/dealers to meet at the trade fair. More than 200 meetings were organised during International Hardware Fair Italy, thanks to the collaboration with national and European distribution partners with specialisation in the different channel clusters involved in the event.

    The conferences

    The conference programme included two days of discussion on the most topical issues: industry scenarios, panel discussions between manufacturers and distributors from the physical and online channels, and an extensive programme of professional workshops.

    The first morning was dedicated to the international market scenario in the hardware, building and DIY sectors, and the strategic and economic drivers that will condition the supply chains in the coming years. In the afternoon slot, the conference was dedicated to trends in modern home improvement, and the evolution of the national and international large-scale retail network.

    The conference on the second event day was dedicated to renewal in independent technical retail, the evolution of B2B and social communication, and the new expectations of the professional consumer post Covid, with a focus on the world of colour in the ColorDay event. The garden & outdoor market played a leading role in the conference dedicated to trends in the green distribution world and garden centres, with an in-depth look at the Green Bonus and innovation in gardening equipment.

    The Product of the Year Award - a collaboration between International Hardware Fair Italy and Assofermet Ferramenta - as well as the Oscar del Negozio ferramenta and the Negozio Ascom Prize were presented during the award ceremony.

    The industry’s comments on International Hardware Fair Italy 2023 Michele Taddei, Sales Director of Bossong spa

    “We are now an historical presence at the Cologne Fair: at EISENWARENMESSE we are very much at home. When the opportunity to participate in the first edition of International Hardware Fair Italy in Bergamo came up, we took it immediately, precisely because of the success of the Cologne fair over all these years. Here in Bergamo, we experienced a similar spirit of internationality in the building sector that exists in Germany. The size of the fair was, of course, smaller, but Italy responded very positively to our expectations.”

    Franco Morganti, CEO of Morganti spa Kapriol

    “From our perspective, the impression of this first edition of International Hardware Fair Italy is definitely positive; for us, it is a successful event, which has met and exceeded our expectations. The event, particularly for the number of visitors and the high profile of the exhibiting companies, is a not to be missed appointment also for future editions. And it will certainly be counted among the most important trade fairs on the European scene.”

    Luca Paccagnella, General Director of Helvi spa

    “We are very satisfied with Helvi participation in the first edition of International Hardware Fair Italy; this international specialised event was very well attended and generated a lot of interest.”

    Petra Pott-Zemanova, General Manager MPS Sägen GmbH

    “The success of the exhibition was very pleasing for our company. The exhibition was very well organised and fully met our expectations.”

    KOELNMESSE – INDUSTRY TRADE FAIRS FOR THE HARDWARE SECTOR:

    As a top international trade fair organiser, Koelnmesse is the global market leader in organising events for the hardware/ironware segment. It hosts the leading international event EISENWARENMESSE – International Hardware Fair Cologne at its trade fair grounds in Cologne, where Asia-Pacific Sourcing also showcases products, innovations and trends for homes and gardens from the Far East. In addition to the events at its Cologne headquarters, Koelnmesse is expanding its portfolio internationally in key markets: The China International Hardware Show in Shanghai, the International Hardware Fair Italy in Bergamo and the International Hardware Fair India in New Delhi are bespoke events and leading trade fairs for the region with international participation. They create the foundation for sustainable, international business for their participants and bring together supply and demand within the sector with a carefully targeted approach. www.hardware-worldwide.com Available on Instagram, Linkedin, Facebook and of course on its website: www.hardwarefair-italy.com


    Author: Alessandra Fraschini Communication Manager

  • GREAT NEWS! INAPA & INAFASTENER 2023 IS COMING BACK

    Posted in Fairs and exhibitions, Fastener distribution, Fasteners manufacturers on Apr 13, 2023

    24 - 26 May 2023 at JIExpo Jakarta, Indonesia

    INAPA - Indonesia International Trade Show for Automotive Industry 2023 and INAFASTENER – Indonesia International Fastener & Fixing Technology Exhibition 2023 have become perfect trade shows to the growing needs of commercial vehicles, parts and fastener industries. The shows attract industry leaders and key players in automotive vehicles and all needed components including the fastener industry to showcase the latest innovation, product and services. This is a special zone for automotive, fixing, and fastener industries that will optimize for exhibitors to meet the companies are connected to their business and facilitate professional buyers to find their special needs.

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    INAPA and INAFASTENER 2023 along with Transport & Logistics Indonesia 2023, IIBT 2023, Tyre & Rubber Indonesia 2023, EV Indonesia 2023 and INABIKE 2023 will be an excellent opportunity to network and expand with your automotive business in Indonesia and the region. INAPA 2023 will present more than 800 exhibiting companies from 21 countries and targeted 20.000 attendees. INAPA has become the ASEAN's largest annual meeting place for automotive OEM and aftermarket players.

    Indonesia - ASEAN's Largest Automotive Market Recovery!

    Indonesia with over 270 million of people is in the largest economy in South East Asia. Indonesia's manufacturing industry contributed of Indonesia Gross Domestic Product (GDP) grew 7.07% in the 2nd Quarter compared with a year earlier. Indonesia's automotive industry has remained one of the manufacturing sub-sectors contributing positively to the national industry. Growth in the automotive sector in the second quarter of 2021 increased by 37 percent. It will have a positive impact on the recovery of the automotive industry and eventually jumpstart the national economy.

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    Another indicator is the purchasing manager's index (PMI) of Indonesian manufacturing. In September 2022 it was recorded at 53.7, up from 51.7 in August 2022. The results of the S&P Global survey show that the expansion rate of Indonesia's manufacturing sector in this period was the fastest in 8 months and was solid overall. Even Indonesia's manufacturing PMI in September 2022 surpassed the world manufacturing PMI (50.3), ASEAN (53.5), Malaysia (49.1), Vietnam (52.5), and the Philippines (52.9), also higher. from China (48.1), Japan (50.8), and South Korea (47.6). "Indonesia's manufacturing PMI continues to expand, in September 2022 to 53.7. The automotive market in Indonesia is predicted get better, approaching normal conditions.

    Fastener & Fixing Industry

    In Indonesia, the market for bolts, nuts, and other fastener items is still viewed prospective. In sectors ranging from infrastructure to manufacturing, building construction, and property development, fasteners and fixings play a crucial role. This industry serves as a "staple commodity" for industries ranging from manufacturing to gadgets.

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    The government's rollout of infrastructure projects and the private sector's encouragement of real estate development make the fasteners industry in Indonesia particularly promising. It can be considered a staple business because they are utilized in every industry. In Indonesia there is still a gap between supply and demand for bolts and nuts.

    Fasteners are widely utilized in a variety of industries besides the automotive one, including manufacturing, infrastructure, and building and construction. Today, practically every industry has a requirement for fasteners. Also, manufacturing fasteners is a very profitable business venture that can support infrastructure development in Indonesia and throughout the world.

    Come and visit us in 24 – 26 May 2023 at JIExpo Kemayoran, Jakarta


    More info, please contact

    Ms. Paramitha Rahayu

    paramitha@gemisen-group.com

    website: https://www.inafastener-exhibition.net/

    register your visit at: https://reg-gemindonesia.net/

  • Record-breaking edition: Fastener Fair Global 2023 successfully connected international professionals from the industrial sector

    Posted in Fairs and exhibitions, Fastener distribution, Fasteners manufacturers on Mar 31, 2023

    U43A7372_Fastener Fair Global_2023_03_21.jpg The 9th Fastener Fair Global, International Exhibition for the Fastener and Fixing Industry, ended last week after three successful show days at the Messe Stuttgart exhibition centre in Germany. Almost 11,000 trade visitors from 83 countries attended the event to discover the latest innovations, products, and services from all areas of fastener and fixing technology and to connect with other industry professionals from various manufacturing and industrial sectors.

    Fastener Fair Global 2023 welcomed around 1,000 exhibitors from 46 countries, filling up halls 1, 3, 5 and 7 of the exhibition venue. Covering a net exhibition space of over 23,230 sqm, a 1,000 sqm increase compared to the previous show in 2019, exhibitors presented the complete spectrum of fastener and fixing technologies: industrial fasteners and fixings, construction fixings, assembly and installation systems and fastener manufacturing technology. As a result, the 2023 edition represents the biggest Fastener Fair Global to date.

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    “After four long and challenging years since the last edition took place in 2019, Fastener Fair Global opened the doors to its 9th edition, reasserting its position in the industry as the go-to event for the manufacturing and industrial sector,” says Stephanie Cerri, Fastener Fair Global Event Manager at the organiser RX. “Both the show size and strong participation in Fastener Fair Global 2023 testify to the importance of the event as a milestone for the fastener and fixing sector internationally and serves as an economic indicator of the growth of this industry. We are delighted to have received positive feedback from the international fastener and fixing community gathered at the show to discover the latest technological advancements within the sector whilst taking advantage of plenty of networking opportunities.”

    A first analysis of the exhibitor feedback shows that participating companies were highly satisfied with the outcome of Fastener Fair Global 2023. A vast majority of exhibitors were able to reach their target groups and they praised the high quality of trade visitors.

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    According to preliminary results of the visitor survey, around 72% of all visitors came from abroad. Germany was the biggest visitor country followed by Italy and the United Kingdom. Other major European visitor countries were Poland, France, the Netherlands, Switzerland, Spain, the Czech Republic, Austria and Belgium. Asian visitors mainly came from Taiwan and China. The most important industries visitors came from were metal products, the automotive industry, distribution, the construction industry, mechanical engineering, hardware / DIY retailing and electronic/ electrical goods. The majority of visitors were fastener and fixing wholesalers, manufacturers as well as distributors and suppliers.

    On the second show day, Fastener + Fixing Magazine hosted the award ceremony for the Route to Fastener Innovation competition and announced the winners of this year’s Fastener Technology Innovators. A total of three exhibiting companies were awarded for their innovative fastener and fixing technologies, introduced to the market within the last 24 months. In 1st place, the winner was Scell-it Group with its patented E-007 power tool designed to install hollow wall anchors. Growermetal SpA was awarded with the 2nd place for its Grower SperaTech®, which was based on the combination of a spherical top washer and a conical seat washer. In 3rd place was the company SACMA Group for its RP620-R1-RR12 combined thread and profile rolling machine.

    Date of the next show

    Many exhibitors at this year’s show have already announced that they will exhibit again at the next Fastener Fair Global in 2025, which will take place from 25 – 27 March 2025 at the Stuttgart Exhibition Grounds in Germany.

    For more information on Fastener Fair Global, visit https://www.fastenerfairglobal.com/

    Fastener Fairs – connecting fastener professionals worldwide

    Fastener Fair Global is organised by RX. It belongs to the highly successful worldwide series of Fastener Fair exhibitions for the fastener and fixings industry. Fastener Fair Global is the portfolio flagship event. The portfolio also contains regionally focused events such as Fastener Fair Italy, Fastener Fair India, Fastener Fair Mexico and Fastener Fair USA.


    Issued by:

    Gloria Vezzoli, PR & Marketing Manager

    Cameron Ross, PR & Marketing Executive

    Fastener Fair Global Press Office – RX

    Romeland House, Romeland Hill, St Albans, Herts AL3 4ET, United Kingdom

    Tel: +44 (0)1727 814 400, Email: press-rxsta@rxglobal.com

  • EFC International Acquires Inventory Sales Company

    Posted in Acquisitions, Fastener distribution, Industry 4.0 on Mar 13, 2023

    ST. LOUIS, MISSOURI – March 2, 2023. Frontenac-backed EFC International announced March 2 that it has acquired St. Louis-based Inventory Sales Company (ISC), a distributor of fastener products, components, and struts/accessories to diversified industrial and infrastructure markets. Financial terms of the deal were not disclosed.

    EFC, based in St. Louis, MO, operates globally and provides solutions such as engineering support, sales and marketing, distribution, and high-touch service to customers in the automotive, industrial, and other technical end markets. The Company has served as a critical link between suppliers and customers for over 35 years. EFC has a history of growth driven by longstanding supplier relationships and a tenured customer base.

    ISC, founded in 1972 by Jim Friedmann and headquartered in St. Louis, MO, is a distributor of Class-C parts with a primary focus on fasteners and strut accessories. The company has a highly reputable and well-established brand and is known for outstanding levels of service through its broad capabilities including vendor managed inventory programs, in-house fabrication, kitting, and a strong sales force. ISC also has operations and a warehouse in Kansas City, KS and St. Elizabeth, MO.

    Matt Dudenhoeffer, EFC CEO, who will lead the combined company, stated “The ISC acquisition provides us with tremendously increased scale and diversification while further expanding and strengthening the product and service offerings of both companies. The acquisition is very strategic, and what is also impressive is the alignment of company cultures and similar histories. We believe the sky is the limit for what we can accomplish together through the strong collaboration of these great teams.”

    ISC President, Cathy Friedmann, who will continue to lead ISC, added that “This combination of our two companies is such a great fit; it gives us the platform to grow beyond what we ever previously imagined. EFC dramatically enhances our technical capabilities and our product and service offerings as well as geographic footprint. The customer has always been king at ISC, and now we can serve them even better than before. This acquisition creates additional opportunities for our customers, suppliers, and employees alike.”

    About EFC

    EFC International, headquartered in St. Louis, is a global provider of engineered fasteners and specialized component solutions serving the automotive, electrified vehicle, industrial and distribution marketplaces. Providing a high level of engineering support to customers and protecting supply chains is a cornerstone of EFC’s model. Close supplier partnerships with market leaders and innovators enables EFC to meet the unique and evolving needs of each customer. EFC’s engineered products include plastic injection molded components, spring steel stampings, cold-formed fasteners, clamp products, motion control and routing components, electrical/electronic connectors, and light assemblies among numerous other products. EFC has locations in North America, Europe, and Asia. To learn more about EFC and to explore their online engineering guides, please visit www.efc-intl.com.

    About ISC

    St. Louis-based Inventory Sales Company is a distributor of fasteners, specialty components, struts, and strut accessories to a diversified group of customers and industrial end markets. ISC creates value through stocking a large breadth of product and acting as an outsourced, scaled purchasing team for its customers. Service capabilities include VMI programs, customized kitting/packaging/labeling, in-house fabrication, stud welding, technical product assistance and global sourcing. The company provides valued customer service by having short lead times, a wide selection of products, customized inventory programs, and by following a simple mantra – “The Customer is King.” To learn more, please explore www.inventorysales.com.

    About Frontenac

    Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a leading franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit frontenac.com


    Author: EFC International

  • PARTNERSHIP BETWEEN EDRA/GHIN AND INTERNATIONAL HARDWARE FAIR ITALY IS CONFIRMED

    Posted in Fairs and exhibitions, Fastener distribution, Fastener suppliers, Fasteners manufacturers, Hardware on Jan 26, 2023

    The new Koelnmesse project has signed the collaboration with the European DIY Retail Association (EDRA) and Global Home improvement Network (GHIN).

    International Hardware Fair Italy, the new international project dedicated to the European hardware, building, DIY, garden & outdoor, safety, colour, electrical and industrial supplies market, keeps growing and will debut on 5-6 May 2023 in Bergamo. The strong synergy with EISENWARENMESSE – International Hardware Fair Cologne, the world's largest trade fair for the sector, whose successful format will be transferred to the Italian event, is the basis for the future development and consolidation of the new show at an Italian and international level.

    The partnership signed with EDRA/GHIN is an important step towards the affirmation of the event on an international level. EDRA/GHIN represents the DIY and Home improvement sectors on a global level, thanks to its wide members range: from local shops (more than 33,000 stores in 76 countries) to resellers and digital platforms.

    The choice of the new location, Bergamo, meets the development and internationality requirements of the new event. It is easily accessible, in a strategic position in northern Italy and well connected to all of Europe.

    This strategic collaboration will lead to the full support of EDRA/GHIN to the new venture from Koelnmesse.

    The association will attend the show and support in the activities of the corresponding programme. EDRA/GHIN General Secretary, John W. Herbert, will participate as a speaker in the conference, presenting a preview of the European and Global DIY scenario of the next few years. Moreover, key European members will take part in the matchmaking, the on-site business meetings programme.

    2.jpg John W. Herbert, EDRA/GHIN General Secretary, shared his thoughts on the partnership, saying – “I am very much looking forward to my visit to Bergamo and to the first edition of International Hardware Fair Italy. That this is being organized by the Koelnmesse is for me a guarantee that this trade fair will be most professional and of interest to our international membership”

    3.jpg Thomas Rosolia, CEO of Koelnmesse Italy, commented “Thanks to the support of EDRA/GHIN we will continue to pursue our goal of establishing International Hardware Fair Italy as the most representative platform for the European hardware, DIY, garden & outdoor and building sectors in Italy.”

    See you at International Hardware Fair Italy, 5-6 May 2023 Bergamo

    Koelnmesse – Hardware worldwide

    As an international top organiser of trade fairs, Koelnmesse is the global market leader for the product sections hardware/ironware divided up into the segments Tools, Industrial Supplies, Fasteners and Fixings, Fittings, Home Improvement as well as for the innovations of these industries. The leading trade fair EISENWARENMESSE - International Hardware Fair Cologne - as well as Asia-Pacific Sourcing in Cologne, the International Hardware Fair Italy in Milan and CIHS - China International Hardware Show in Shanghai/China - are exemplary for this. www.hardware-worldwide.com

    Available on Instagram, Linkedin, Facebook and of course on its website: www.hardwarefair-italy.com

    Next events:

    APS, Cologne, Germany, 28 February – 02 March 2023 China International Hardware Show, Shanghai,19-21 September 2023 International Hardware Fair India, New Delhi, India, 02–04 December 2023 EISENWARENMESSE, Cologne, Germany, 03-06 March 2024


    Author:Alessandra Fraschini

    Communication Manager