We’re broadcasting from the heart of Maine where lobster, blueberries, potatoes, whoopie pies and IPAs are all Maine-stays! We’ll dive into the latest fastener industry news. This week, we’ll cover industry updates, key acquisitions, upcoming events, and exciting scholarship opportunities making headlines the week of June 3, 2024.
Watch now on FastenerTV at YouTube: (13:58)
Stanley Black & Decker President and Chief Executive Officer Donald Allan, Jr. Rang The Opening Bell® at the New York Stock Exchange in honor of the 100th year anniversary of DEWALT, a Stanley Black & Decker brand and leader in total jobsite solutions. As part of the celebration, DEWALT opened applications for its 2024 Grow the Trades Grant program, which is part of its $30 million commitment over five years to support organizations that are skilling, reskilling and upskilling tradespeople.
Nucor Corporation announced that it has entered into an agreement to acquire Rytec Corporation, a manufacturer and seller of high-speed, high-performance commercial doors. The all-cash transaction is valued at $565 million. With over 300 teammates operating from two manufacturing facilities in Wisconsin. This acquisition further executes Nucor’s strategy to expand beyond their core steelmaking businesses into related downstream businesses. The addition of high-performance doors will create cross-selling opportunities with other Nucor businesses and greatly expand Nucor’s product portfolio serving the commercial arena.
In a significant milestone for the fastener industry, the Industrial Fasteners Institute (IFI) recently celebrated the 50th anniversary of the ASTM Committee F16 on Fasteners at a ceremony in Philadelphia. During the event, Salim Brahimi, IFI’s Director of Engineering & Technology, was honored with the prestigious Walter C. Voss Award—marking the first time a member of the F16 committee has received this accolade. The award was presented by Kathie Morgan, the ASTM Immediate Past President. I had the opportunity to speak with Salim about the ceremony and the history of the ASTM F16 committee. This is a great read:
Salim Brahimi, IFI Director Receives Prestigious ASTM Walter C. Voss Award
Birmingham Fastener, through its subsidiary Commercial and Aerospace Supply of Mexico (CASM), installed its first distribution center outside the United States in Quer-ét-aro, MX. The fastener manufacturer and distributor will focus on providing hardware/fastener-related services to companies with projects in the aerospace, construction and commercial industries in the country. Birmingham Fastener manufactures and distributes fasteners for structural steel fabrication, construction, transportation, waterworks and utilities, OEMs, construction, MRO and others.. Source: https://mexico-now.com/birmingham-fastener-sets-up-in-queretaro/
The Industrial Fasteners Institute announced the launch of the new IFI Book of Fastener Standards, 12th Edition! The comprehensive compilation includes 96 standards from ASTM, ASME, SAE, and IFI. The IFI Book of Fastener Standards serves as the industry’s resource and is a compilation of the most commonly used fastener standards for inch fasteners and non-ISO metric fasteners. Order your copy today: https://indfast.org/
SEFA wrap up their Annual Spring Conference and announces the 2024-25 Board of Directors and 2024 Scholarship awardees. Tony Strein/International Fasteners will serve as president of the organization. Vice President is Dana Strock of Nucor Fasteners. Chairwoman is Stephanie Wood/Fastener Supply . Read full release:
Southeastern Fastener Association (SEFA) 2024-2025 Board of Directors Announced
The Fastener Training Institute announced Fastener Training Week Chicago! FTW returns to Chicago this year from August 19 to August 23. The event will be hosted by the Mid-West Fasteners Association (MWFA) as part of their annual FSTNR Week. For more info and to register go to fastenertraining.org
FTI Announces Fastener Training Week Chicago August 19-23, 2024
Tune into Fully Threaded Radio for a Special Edition: Fastener Fair USA 2024. Tune in for all the highlights from this year’s conference. Go to FullyThreaded.com
FASTENER INDUSTRY EVENTS:
Würth Additive Group is Hitting the Road Again On their Demo Days 2024 Tour! This new frontier of manufacturing might seem like a tough mountain to climb, and it does require careful consideration. If you’re looking to turn a physical part into a digital model you can print on demand, you won’t want to miss the opportunity to meet with the Wurth Additive Group Team! Get ready for the Demo Days 2024 Tour, an exclusive journey across key locations in the United States.
First Stop is Charlotte, NC June 4th, and then on to Raleigh, NC June 5th. For more tour dates and info go to: https://wurthadditive.com/pages/demo-days-2024
The Annual Northeast Fastener Distributors Association Scholarship Golf Outing will take place June 5th at the Southington Country Club. Sponsorships & golfer registration are now open – Save the Date and and Makew Sure to Reserve Your Space today! Go to: https://www.nefda.com/events/
Registration is open for the NFDA Annual Meeting and ESPS taking place in Irving, TX June 11-14, 2024. The NFDA’s premier event includes networking, one-on-one business meetings, education, and social time with industry friends. You won’t want to miss it! Go to NFDA-Fastener.org to register today!
New training opportunity from the Fastener Training Institute and the Industrial Fasteners Institute! Fatigue in Fasteners: Why Workmanship is Important & Fastener Standards 101: Aerospace and Defense Version. Explore the important subject of fatigue, especially with aerospace fasteners and how manufacturing workmanship plays a role. Plus, learn about Fastener Standards used by the aerospace fastener industry and explore how standards are developed and amended. June 18-19, 9 a.m. to 4 p.m. in Santa Ana, CA
Register now at FastenerTraining.org
Join Pac-West for their After-Hours event happening in Langley, BC. Stop by and meet other people in the fastener industry and expand your professional network at The Barley Merchant Taproom & Kitchen on Thursday, June 20, 2024, from 5:00 – 8:00 PM. Go to Pac-West.org to register today!
Learn over lunch with The Fastener Training Institute’s Fastener Basics Four-Part Webinar Series. Students can learn over lunch and complete the final training class on June 27th. FTI’s Fastener Basics course provides extensive fastener parts knowledge to those new to the fastener industry and to those looking to better understand fastener products. https://fastenertrainingevents.com/fastener-basics.htm
Don’t Miss Out on the Ultimate Ballgame Experience with MWFA as they head to Milwaukee for an unforgettable day at American Family Field to see the Milwaukee Brewers take on the Pittsburgh Pirates! Friends and Family Welcome! Happening Thursday, July 11, 2024, at 1:10 PM. Hurry and reserve your tickets today! The deadline is May 11th or when tickets run out! Go to MWFA.net to reserve your tickets.
SCHOLARSHIPS:
The Young Fastener Professionals Association Announced their Fastener Training Week Scholarship. YFP is offering members an opportunity to attend Fastener Training Week. Scholarships can be used for any Fastener Training Week program in 2024 or 2025. The FTI Training is valued at $2,800. Deadline to submit your completed application is October 15. Go to NFDA-fastener.org
The Marc Strandquist Memorial Scholarship Fund will offer one scholarship for Fastener Training Week each year (valued at $2,800 each). The deadline to submit your completed application to the NFDA is August 31, 2024. Applicants will be notified of the Strandquist family’s decision in late September. Apply now: NFDA-Fastener.org
Women in The Fastener Industry (WIFI) honors the memory of Ann Bisgyer Wolz, co-publisher of Fastener Industry News with a Fastener Training Institute scholarship. Learn more about this incredible opportunity for training. https://www.fastenerwomen.com/scholarships Applications are due by June 14.
The Mid-West Fastener Association (MWFA) educational scholarship is just one of the many membership benefits. The scholarships= award is a minimum $1,500.00 for higher education. The MWFA has awarded over $950,000 from membership dues, donations & industry shows. Submit your MWFA scholarship at MWFA.net. The application by September 1, 2024.
The stories featured in this week’s episode of IN THE NEWS can be found at Fastener News Desk or in our feed @FastenerNews at X.com the twitter rebrand, on LinkedIn in the Fastener News Group and @FastenerNews at Threads!
If you would like to share your company’s news or events contact me, lisa@fastenernewsdesk.com.
Thanks for tuning in to this week’s episode of ‘IN THE NEWS’ with Fastener News Desk.
Until next week, be well and keep it fastenating.
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