Hello, fastener enthusiasts and industry professionals! Welcome to your weekly roundup of the latest in fasteners—industry news, trends, upcoming events, and scholarships. Let’s dive into this week’s episode of In the News with Fastener News Desk! Reporting the latest news making headlines the week of July 8, 2024.
Watch now on FastenerTV at YouTube: (10:23)
IN THE NEWS
AFC Industries has acquired Birmingham UK based distributor Forward Industrial Products through its TFC Business Unit. Terms of the deal were not disclosed. Forward Industrial Products is an industry leading supplier of C Class components, vendor managed inventory and MRO services. Read more:
AFC Industries Acquires UK Based Distributor Forward Industrial Products
Bossard Acquires the Innovative Fastening Technology of Dejond. The Bossard Group expands its market position with innovative fastening technologies by acquiring the Belgian company Dejond Fastening NV (“Dejond”). Dejond’s solutions enable engineers to optimize both their product design and manufacturing processes which fits well with Bossard’s “Proven Productivity” philosophy. With this acquisition, Bossard will further strengthen its market presence in the Benelux region. Read more:
Bossard Acquires the Innovative Fastening Technology of Dejond
Economic activity in the manufacturing sector contracted in June for the third consecutive month say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. “The Manufacturing PMI® registered 48.5 percent in June, down 0.2 percentage point from the 48.7 percent recorded in May. The overall economy continued in expansion for the 50th month after one month of contraction in April 2020.
Read report:
Manufacturing PMI® at 48.5%; June 2024 Manufacturing ISM® Report On Business®
FASTENER INDUSTRY VIP’s!
Here’s a roundup of the latest Fastener Industry VIPs celebrated on the ITN podcast. These are the standout professionals who are propelling our industry forward with their exceptional achievements. Whether they’ve had a significant promotion, received an award, or achieved a prestigious certification, these individuals are the embodiment of excellence and innovation in the fastener world.
Join us as we honor their dedication, hard work, and the incredible impact they’re making in the fastener industry. Their achievements set a high standard and serve as a beacon of inspiration for others. Join us in giving a round of applause to the industry’s movers and shakers who have made it to the Fastener VIP list.
Stephen Chrysler, Program Manager – All Integrated Systems (AIS) receives Certified Fastener Specialist designation after completing the necessary training during Fastener Training Week.
Haley Fox, Sales Team – Earnest Machine, received Certified Fastener Specialist designation after having completed all requirements established by the Fastener Training Institute.
FASTENER INDUSTRY EVENTS:
We’re less than three months away from celebrating National Manufacturing Day! Manufacturing Day will be celebrated on Friday October 4th. Manufacturers and their partners across the U.S. are gearing up to demonstrate to students, parents, and educators that careers in manufacturing are diverse, high-tech, innovative, well-paying, in-demand and potentially life-changing.
Be sure to download the Host Toolkit and Marketing Toolkit to support your planning and messaging leading up to Manufacturing Day 2024. Resources and toolkits available are www.mfgday.com
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.
Join the Industrial Fasteners Institute and Fastener Training Institute Friday on July 26, 2024 for a live webinar from12:00 p.m. -2:00 p.m. ET. Learn about Galling: Understanding this Failure Mechanism and Strategies to Prevent it.This new webinar explores the curious failure mechanism of galling. Participants will learn why it is more likely to occur with stainless steel and aluminum fasteners and why driving speed makes a difference. Students will also discover simple strategies to reduce the likelihood of it happening or the severity of it when it does. https://indfast.org/product/save-the-date-webinar-july26/
NCFA NIGHT AT THE BALLPARK Join us Thursday, August 1st at Progressive Field and watch the Cleveland Guardians take on the Baltimore Orioles at 6:40pm (gates open at 5:40pm). NCFAOnline.com
Plan to join the Midwest Fastener Association for their highly anticipated FSTNR WEEK taking place August 18-21, 2024! The event includes a Sleep in Heavenly Peace Organization Bed Building Event, Plant Tours, Welcome Mixer, Fastener Failures Seminar, the 42nd Annual MWFA Fastener Show, Fastener Bash, & Golf Outing & if that’s not enough there’s Fastener Training Week your chance to become a Certified Fastener Specialist during FSTNR Week! Register today for FSTNR Week 2024! Go to: https://mwfa.net/fastener.htm
Fastener Training Institute’s Fastener Training Week 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
Würth Additive Group is Touring the USA on their Demo Days 2024 Tour! 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! Next stop is scheduled for August 28th in Brooklyn Park, MN For more tour dates and info go to: https://wurthadditive.com/pages/demo-days-2024
SCHOLARSHIPS:
WIFI honors the memory of Maryann Marzocchi, Co-Owner of Distributor’s Link Magazine with a $1,500 scholarship to be awarded to a woman, to attend college or trade school. The recipient must have a female family member who is employed by a fastener company. Members Apply now! Application due date: July 5th, 2024 FastenerWomen.com https://www.fastenerwomen.com/scholarships
The Marc Strandquist Memorial Scholarship Fund will offer one scholarship for Fastener Training Week each year. 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 https://www.nfda-fastener.org/yfp-scholarship-for-fastener-training
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. The deadline to submit your completed application is October 15. Go to NFDA-fastener.org
The Mid-West Fastener Association (MWFA) educational scholarship is just one of the many membership benefits. The scholarships award is a minimum of $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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Fastener Industry, Fastener News, Fastener TV, Fastener Training, Industrial Distribution
