Search Results for: automotive

• 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.

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  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

• FASTENER POLAND® Trade Fair - no 1 in Central and Eastern Europe

  Posted in Fairs and exhibitions, Fastener suppliers, Fasteners manufacturers on Sep 19, 2023

  Transformed supply chains and international cooperation networks, the war in Ukraine, an increase in production costs, the introduction of carbon tariffs (CBAM), competition with countries with low production costs, smooth adaptation to changing customer needs, investments in innovation and new technologies - these are the topics that manufacturers and distributors will discuss during the FASTENER POLAND® International Trade Fair of Fastener and Fixing Technology. The 6th edition of the event will take place on October 18-19, 2023 at EXPO Krakow, and the theme will be ecology.

  

  The entire industry in one place

  The FASTENER POLAND® is the only international fair of fasteners organized in Central and Eastern Europe - a key forum for exchanging experiences, learning about new products, as well as building effective trade relations between companies from around the world. The pandemic has shown very clearly that face-to-face meetings cannot be replaced in business. FASTENER POLAND® is back to its pre-pandemic state. In October, over 150 companies from 15 countries will present their offer. They will present the most modern industrial fasteners and fittings (from screws, through rivets to nuts, pins or wedges), construction fasteners (anchors, concrete screws, fixing facades and insulation), advanced assembly and installation systems (with the presentation of the latest riveting devices, screwdrivers and screw insertion systems or assembly brackets), as well as technologies for the production of fasteners and devices for their storage and distribution.

  We connect buyers from all over the world

  The fair will be visited by buyers from industries that use fasteners for the production of their products. This year, the organizers direct the promotional campaign especially to industries with the greatest potential. Photovoltaics, automotive, aviation and the medical industry are sectors with the greatest demand for all types of fasteners and fixings. Poland is among the top ten countries in the world in terms of the size of the photovoltaic market. In Europe, only Germany and Spain are ahead of us in this regard. The industry records continuous sales increases and is developing dynamically. Therefore, the demand for components is growing, in particular for specialized and quality fasteners. The fasteners market responds to these needs by designing and delivering the best solutions with enhanced resistance to difficult conditions in which solar systems are used. Several dozen manufacturers will present their solutions on a special zone dedicated to this industry.

  Bleisure - combining business with spare time

  We believe that success begins with meetings, therefore organizers encourage everyone interested in expanding business contacts to participate in the fair. In addition to free invitations to the fair, a program combining business travel with leisure was developed. Trend Bleisure - a word created from the combination of the words "business" and "leisure" - is the key message of the strategy implemented by Targi w Krakowie Ltd. Participants of the fair will be inspired by the map of attractions, which will include recommended accommodation, local restaurants, monuments, climatic places and cultural centers. And since there is no shortage of interesting places in Krakow, the organizers are sure that some customers will extend their stay by additional days.

  List of exhibitors, trade fair novelties, free registration for guests, hotel offer and a list of recommended restaurants and places worth visiting at www.fastenerpoland.pl

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  Author: FASTENER POLAND®

• 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.

  

  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.

  

  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."

  

  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

• Rotor Clip Awarded GM Supplier Excellence Award for Outstanding Commitment to Quality

  Posted in Award, Fasteners manufacturers on Aug 18, 2023

  Rotor Clip is pleased to announce that it has been awarded the prestigious 2022 General Motors Supplier Quality Excellence Award (SQEA). This accolade is a testament to Rotor Clip’s unwavering commitment to delivering quality products and services to General Motors (GM).

  The GM Supplier Quality Excellence Award is granted to suppliers who have demonstrated exceptional performance and adherence to stringent quality standards throughout the year. Rotor Clip’s manufacturing site not only met but exceeded these rigorous criteria, earning this recognition.

  As a recipient of this esteemed award, Rotor Clip joins the ranks of GM’s top-performing supplier manufacturing locations. This achievement demonstrates the dedication to delivering ‘Quality at Volume’ to GM Manufacturing Plants.

  Bruce Rudin, Quality Assurance Manager expressed his enthusiasm, stating, “I'm thrilled that our commitment to manufacturing the highest quality rings, springs and clamps has been recognized again with the 2022 GM Supplier Quality Excellence Award. This is a testament to our team’s dedication to maintaining only the highest quality standards across all areas of our business.”

  This award also acknowledges the collaborative effort and strong partnership between Rotor Clip and GM, allowing both companies to achieve new heights of success. Rotor Clip remains committed to delivering excellence and maintaining the highest quality standards, ensuring customer satisfaction, and driving success in the automotive industry.

  With a commitment to today’s technologies, the continued electrification and future technology development, Rotor Clip continues to invest in product expansion to meet the ever-changing needs of the industry.

  For more information, please contact info@rotorclip.com or call +1.732.469.7333. rotorclip.com

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  Author: Lane Persky • Chief Marketing Officer •

  Lane.Persky@rotorclip.com

• 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

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  Author: Ulrika Hultgren

• VisionLab 3D Fastener Gauging System from General Inspection

  Posted in Fasteners manufacturers, Hardware, Industry 4.0, Innovation on Jun 22, 2023

  One of the largest automotive bolt manufacturers in India recently added a VisionLab 3D Fastener Gauging System from General Inspection, LLC to streamline their first part inspection process.

  VisionLab uses General Inspection's patented 3D gauging technology to provide complete part dimensional layouts in less than 5 seconds. The machine can perform 360⁰ dimensional inspection with detailed data reporting, plus options to provide 360⁰ visual defect detection, end view inspection, and measure recess depth and recess concentricity.

  

  The bolt manufacturer’s goal was to reduce inspection time, improve quality, and cut down on calibration costs by replacing multiple manual gauges, such as micrometers, calipers, and optical comparators, which are inherently subject to human error. Visionlab completes first-piece inspections in a fraction of the time allowing employees to concentrate on production tasks instead of manually measuring parts.

  

  Production has significantly increased; errors have been eliminated and the company is able to measure much more frequently. All dimensions: including lengths, diameters, radii, angles, and GD&T features are measured and displayed with a pass/fail indication. Custom data reports are created and saved as CSV or Excel files, but in this case the customer is utilizing the “MySequel” built in server to connect directly to their SPC program. This saves time and money plus drastically improves quality by accurately measuring parts within two microns. Part feature tolerances are assigned with the appropriate part number and stored in memory for quick recall.

  The VisionLab system is a versatile, accurate and fast inspection machine capable of handling a wide range of applications. To find out what it can do for your company, please email us at info@generalinspection.com to set up a free web demonstration.

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  Author: General Inspection

• INDUSTY DAYS and AUTOMOTIVE HUNGARY trade exhibitions hosted simultaneously at the HUNGEXPO Budapest Congress and Exhibition Center (Hungary, Europe)! Don't miss this unique event!

  Posted in Fairs and exhibitions, Fastener distribution, Fasteners manufacturers on Apr 14, 2023

  The INDUSTRY DAYS International Industrial Trade Exhibition and the AUTOMOTIVE HUNGARY International Trade Exhibition for Automotive Industry Suppliers will take place on 16-19 May 2023 at the HUNGEXPO Budapest Congress and Exhibition Center.

  Hungary's largest business gathering showcasing all the sectors of the industry serves as a professional forum for the owners of small and mid-size enterprises as well as those of major corporations, where they can find out more about the developmental tendencies and the latest achievements of the various sectors and the trends that define the industry in question. The exhibitors, suppliers and professional visitors attending the event, including procurement officials, engineers and developers can benefit from the synergies between industries to maintain and reinforce their position in the manufacturing or supply chains or possibly enter the market as new operators.

  Manufacturers, distributors and service providers present their products and offers, which can be surveyed by visitors at the same time and place while requesting detailed information or possibly inspecting products in use, allowing them to make informed decisions on the latest procurements, make new investments, establish new business relationships or reinforce existing partnerships.

  As of our publication deadline, nearly 350 exhibitors from 15 countries have registered for our assortment of exhibitions. They will be presenting their novelties, energy and cost-efficient solutions and Grand Prix-winning products at Pavilions A, D and E of the Exhibition Center. The continuously updated list of participants is available through the exhibition websites.

  The organisers will be hosting a number of attractions and events in cooperation with their professional partners:

  • Chamber of Engineers conference and professional advance training (BPMK)
  • Welding technology advance training, practical demonstrations (MHtE, MAHEG)
  • Top-quality trade presentations and workshops
  • Labour safety conference and fashion show (U4)
  • Plastic industry conference (MMSZ)
  • Packaging conference (CSAOSZ)
  • Portfolio-MAGE Vehicle Industry 2023 conference
  • Battery and hydrogen power-related lectures, demonstrations
  • Techtogether Automotive Hungary engineer competition (autopro.hu)
  • Universities’ Street

  More information:

  More information on the exhibition and the Facebook and LinkedIn posts of exhibitors registered for the exhibition:

  www.iparnapjai.hu/en

  www.automotivexpo.hu/en

  https://www.facebook.com/iparnapjai/

  https://www.facebook.com/automotivexpo

  https://hu.linkedin.com/showcase/industry-days-2016!

  The readers of Fasten.it blog and the magazine can register online in advance through the event's website. Registering for the event allows readers to attend the exhibitions free of charge: www.iparnapjai.hu/en/fastenit

• 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.

  

  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.

  

  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.

  

  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

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  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

  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.

  

  “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.

  

  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

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  Author: EFC International

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