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  • 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

  • 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

  • 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/

  • INDONESIA AUTOMOTIVE INDUSTRIES RECOVERY AFTER PANDEMIC

    Posted in Fairs and exhibitions, Industry 4.0 on Oct 08, 2021

    It has been more than a year since COVID-19 pandemic has hit the world. All sectors have been experiencing tremendous impacts and pressures. Now, Indonesia's economy has turned positive and many sectors ready to bounce back.

    Indonesia is one of the largest markets for motorized two-wheelers in the world. According to the study Global Industrial Fasteners, the OEM motor vehicle market is the largest outlet for industrial fasteners in Indonesia. Demand for industrial fasteners in Indonesia is projected to increase 7.3% per year to $1.1 billion in 2023, the second fastest among major national markets worldwide behind only India.

    Besides that, 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.

    Nowadays, Indonesia is still conducting massive in infrastructure development and it becomes one of positive effect to driving force for fastener market hence, global industrial fastener market will grow steadily.

    Indonesia : The Update for COVID-19 and Vaccination

    The COVID-19 pandemic in Indonesia is experiencing an improving trend, where positivity rate tests continue to decline. Over the past week, Indonesia's coronavirus positivity rate has fallen below the WHO (World Health Organization)'s benchmark standard of 5% for the first time, an indicator that the country's devastating second wave could be easing.

    According to the government, the massive vaccination and PPKM (Community Activities Restrictions Enforcement) are factors to decrease the positivity rate in Indonesia. To this day Indonesia is ranked 6th in the world with the highest cumulative Covid-19 vaccination in the world. The vaccination in Jakarta has reached over 100% for the first dose and above 70% for the second dose.

    INAFASTENER 2022 – The Exclusive Trade Show for Fastener & Fixing Industries

    Fasteners become the most important part in the automotive industry and GEM Indonesia will hold INAFASTENER 2022 on March 23 – 25, 2022 at Jakarta International Expo (JIExpo) Kemayoran, Jakarta – Indonesia. INAFASTENER is part of INAPA exhibition of targeted trade exhibition for the fastener and fixing industry. In the meantime, INAPA has been proved as ASEAN’s Largest & Most Influential Trade Show for Automotive Industries and become a professional choice for global auto part, accessories and automotive technologies suppliers to gather, meet and discuss with their business partners in Indonesia.

    The 5th edition of INAFASTENER will be a perfect platform for the industry to explore latest trends on the market, new products, technology and solutions at the same time.  The show will be held together with INAPA, INABIKE, CON-MINE and Busworld Southeast Asia 2022. It will be the perfect opportunity where buyers and sellers having closer contact to reach a higher level of business. 


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    Secure your participation now! For more information please contact : +62 21 54358118

    or drop us an email : info@gem-indonesia.com

    Author: Inafastener

  • Building a bridge for hardware business in Asia, interpreting the development trend of the hardware industry

    Posted in Fairs and exhibitions on Jan 10, 2020

    Brilliant Closing of China International Hardware Show 2019 with high internationality. Improving the exhibition quality and focusing on the exhibition effects. New industry summit and...

  • MULTI-RANGE TRADE PLATFORM - ALL IN ONE PLACE AT INDOFASTENER, INDO TOOLS & HARDWARE SHOW 2019

    Posted in Fairs and exhibitions, Hardware on Nov 29, 2019

    INDOFASTENER, INDO TOOLS & HARDWARE ended on 12 th October 2019 with high enthusiasm for the latest products that are in high-demand locally. The combined exhibitions are focused towards delivering...