Transcript:
INTRO By Cris Young: Hello, fastener enthusiasts and industry professionals, Cris Young here LIVE in the FastenerTV studio! 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!
HOST: Lisa Kleinhandler
Thank you, Cris, I’m Lisa Kleinhandler, Editor-in-Chief at Fastener News Desk reporting the latest news making headlines the week of January 6, 2025.
Watch it now on FastenerTV at YouTube (7:01)
IN THE NEWS
WINONA, Minn.–(BUSINESS WIRE)– Fastenal Company announced the date and time for their conference call to review 2024 annual and fourth quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Friday, January 17, 2025, at 9:00 a.m. central time. To access the call visit https://investor.fastenal.com/events.cfm
Economic activity in the manufacturing sector contracted in December for the ninth consecutive month and the 25th time in the last 26 months, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The U.S. manufacturing sector contracted for the ninth consecutive month in December, as the Manufacturing PMI® registered 49.3 percent, 0.9 percentage point higher compared to the 48.4 percent reported in November. Read full report:
Manufacturing PMI® at 49.3%; December 2024 Manufacturing ISM® Report On Business®
IN THE NEWS: Acquisitions
LindFast Solutions Group (LSG) completed the purchase of Big Bolt LLC. Big Bolt is a leading domestic manufacturer of specialty fasteners and is an end-to-end solution provider of quality products and industry leading turnaround times. Read more:
NEFCO announced the acquisition of Unistrut Midwest! This marks their eleventh acquisition since 2022, their fifth in 2024 and their second largest acquisition to date. The acquisition of Unistrut Midwest nearly triples NEFCO’s value-added service capabilities, and further entrenches NEFCO as one of the leading providers of MEP support & suspension products and solutions throughout the United States. The addition of Unistrut Midwest’s 4 branch locations expands their reach to 63 locations across 29 states, enhancing their ability to provide next-day jobsite delivery to contractors nationwide. Read more:
NEFCO Acquires Unistrut Midwest, Greatly Enhancing Value-added Services
FASTENER INDUSTRY VIP’S
Endries International celebrating 55 years of excellence!
FASTENER INDUSTRY EVENTS
Intro to Threads: Inch and Metric Presentado en inglés y español on January 10. This introductory course is appropriate for all experience levels and positions in the fastener industry and includes training on both inch and metric. After the webinar, there will be time for a question-and-answer session. 📆 Friday, January 10, 2025 11:00 a.m. to 12:30 p.m. Pacific Time 🔗 Register: FastenerTraining.org
Bolting Symposium 2025 The 12th annual Bolting Symposium promises to build on the tradition of being a high quality, intimate event that continues to offer high-level, dynamic networking combined with knowledgeable speakers to help the industry understand more facets of bolting. Bolted flange joints are everywhere in the industrial world – they affect refining, petrochemical, downstream, upstream, midstream, plastic plants, power generation, and several other industries. Attendees that will benefit the most from this event are the subject matter experts, and anyone who is trying to become one! 12th Annual | January 7-9, 2025 | Galveston, TX | https://boltingsymposium.com/
Get ready for the 2025 Pac-West Spring Conference and Tabletop Show, March 12-14, 2025 in Anaheim, CA. An exceptional event packed with industry-leading education sessions, a dynamic tabletop show, and exciting optional activities—all designed for professional growth and networking with industry peers. Don’t miss out on this unique opportunity to connect, learn, and grow with others in the industry. Register: pac-West.org
SAVE THE DATE:
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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