LIVE from the Fastener TV Studios…It’s IN THE NEWS, Week of November 15th, 2021
 
I’m Lisa Kleinhandler, Editor in Chief at FastenerNewsDesk.com
 
Watch Now on Fastener TV Now VIDEO (5:30)

I’m Lisa Kleinhandler, editor-in-chief at FastenerNewsDesk.com
 
It’s ‘IN THE NEWS’ the Week of November 15th, 2021
 
With less than 60 days until the end of the year, Supply chains still are causing great concern for fastener distributors, manufacturers, contractors, and the global manufacturing world. The Fastener Distributor Index was up for October and the forward-looking indicator remained optimistic for the 17th consecutive month of positive outlook. With that being said… In Supply Chain News: UC Components released an important notice today: Due to the ongoing disruption in the supply chain caused by the COVID-19 pandemic, they have advised clients to be aware that lead-times for both Fasteners and O-rings is increasing. Many raw or unprocessed O-rings and O-ring materials come from overseas and inbound shipments are now being pushed back to Summer 2022. For more info go to: https://www.uccomponents.com/company-…

 

In Acquisition News: Gexpro Services, a portfolio company of US based private equity firm Luther King Capital Management (LKCM) Headwater Investments, completed its strategic acquisition of the National Engineered Fasteners group of companies which distributes specialty fasteners to the automotive and military end markets.

 
In Additive Manufacturing News: there was another BIG acquisition announcement, Today, global standards organization ASTM International announced the acquisition of Wohlers Associates, a global intelligence leader in the additive manufacturing (AM) and 3D printing industry. As part of the acquisition, ASTM International has acquired the Wohlers Report, the premier publication for the AM industry, along with intelligence briefs, specialized reports, training in design for AM, and consulting services.
 
 
In Fastener Industry Event News: This Wednesday and Thursday is Fastener Fair CONNECT | the digital event is scheduled for November 17th-18th. The event offers a comprehensive program for trade professionals, including virtual product showcases, webinars, and interactive matchmaking opportunities. Fastener Fair Connect is the first online marketplace and digital business platform unifying Fastener Fair shows worldwide. Fastener Fair Stuttgart, Fastener Fair Italy, Fastener Fair Mexico, Fastener Fair USA and Fastener Fair India are joining forces to provide a unique networking event targeting the global fastener and fixing industry. FREE visitor registration is available at www.fastenerfair-connect.com
 
Friday, November 19 11 a.m. – 12:30 p.m. PT is Session 14 of the Fastener Basics Like Never Before Webinar Series. This Steel Fasteners Materials | When it comes to fasteners, carbon steel and alloy steel comprise the vast majority of the most important products. The webinar will cover a broad range of topics including steel standards, manufacturing methods, selection criteria and applications, and testing. While the curriculum is slightly more advanced than some of the other Fastener Basics webinars, it is appropriate for all levels of experience in the fastener industry. The webinar series is sponsored by Brighton Best Int’l. To get more info and register go to FastenerTraining.org
 
This week’s episode of in the news was sponsored by Product Genius Technology “Makes buying products easier”.
 
Enhance your customer experience with the new view for industrial search, Product Genius Technology. Find out how your digital footprint stacks up against other industrial suppliers.
 
Register today for the Fastener Industry Digital Landscape 2021 Report at ProductGeniusTechnology.com
 
If you would like to share your company’s events or news, or sponsor an upcoming episode of IN THE NEWS, contact me lisa@fastenernewsdesk.com for more info.
 
Thanks for tuning in to this week’s episode IN THE NEWS with Fastener News Desk.
 
Until next week, be well and Keep it Fastenating.

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