I’m Lisa Kleinhandler, Editor-in-Chief at Fastener News Desk… It’s IN THE NEWS with Fastener News Desk the Week of April 4th, 2022

 

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This week’s episode of in the news is sponsored by Product Genius Technology. Enhance your website customer experience with the new view for industrial product search. Turn your sales team into product genius’s when selling complex product categories online.


In Manufacturing News…

The ISM March 2022 Manufacturing ISM® Report On Business®, Manufacturing PMI® came in at 57.1%; Economic activity in the manufacturing sector grew in March, with the overall economy achieving a 22nd consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: stated that “The U.S. manufacturing sector remains in a demand-driven, supply chain-constrained environment. In March, progress was made to solve the labor shortage problems at all tiers of the supply chain, which will result in improved factory throughput and supplier deliveries. Read more:


In Shipping news…

 

The Scanwell Shipper Newsletter was released today. Chris Connell reports that based on their analytics, current global affairs and what could potentially happen this summer, I’m afraid we’re in for what is looking like a wild ride, at least for the next 4 to 5 months. Read the full report at FastenerNewsDesk.com


In Fastener Industry Events this week are:

The Fastener Training Institute & Industrial Fastener Institute have 2 days of in-person training classes:

Basics of Aerospace Fasteners  Monday, April 4th, 9 a.m. to 5 p.m. & Fatigue in Fasteners Tuesday, April 5th, 9 a.m. to 2 p.m.

This full-day course explores the basics of aerospace fasteners, including why aerospace fasteners are unique in the fastener world, how an aircraft is put together and the fasteners used to accomplish this, why exotic metals are commonly used, and a look at a variety of different fastener types used in aerospace. Participants will gain a better understanding of how aerospace fasteners are different than those for other industrial purposes. This is a fast-paced basic course and excellent for anyone relatively new to the industry, anyone having made a role change that would benefit from a general overview of the industry or anyone that wishes to learn more about aerospace fasteners. Go to FastenerTraining.org for more info.


In Association News…

Tim O’Keeffe \ GL Huyett has been Awarded the National Fastener Distributors Association’s 2022 Fastener Professional of the Year. The Fastener Professional of the Year award was created by NFDA to honor individuals and companies that make a substantial positive impact on people’s lives. Congratulations Tim!

 


Here’s what happening in fastener industry association scholarship opportunities!

 

Women in the Fastener Industry Margaret Davis Scholarship application is DUE TODAY! WIFI honors the memory of Margaret Davis of ISSCO, INC & BTM Manufacturing with a scholarship to Fastener Fair USA in Detroit, MI May 17- 19th. Scholarship awardee will receive travel, accommodations, and entrance to the expo. For more info or to join WIFI Go to:  ?https://fastenerwomen.com/scholarships

 


The North Coast Fastener Association Scholarship Application for 2022 is now available for current NCFA Members. View application and review eligibility requirements go to NCFAonline.com

 


The Gilchrist Foundation Scholarship application is also open. The scholarship was established to provide financial assistance for college education for persons involved in the fasteners industry (or children of those employed in this industry). Robbie and Gina Gilchrist’s wishes are to give something back to an industry that provided so much to them. The Gilchrist Foundation will award one or more scholarships annually. For more info go to: http://www.gilchristfoundation.com/

For more scholarship opportunities check under the resources tab at FastenerNewsDesk.com


In Event News:

SAVE THE DATE for the 2022International Fastener Expo. You won’t want to miss the 40th anniversary ceremony for the IFE Fastener Hall of Fame, which recognizes professionals who have made significant and enduring contributions to the industrial fastener industry on a national or global scale. As part of the annual International Fastener Expo, the Hall of Fame inductees are selected from names submitted by people like you. Now is the time to nominate someone you think has made a difference in the fastener industry, through leadership, innovation, or education. Nominate online at FastenerShows.com. Deadline to submit nominations is July 30th.


In Digital Transformation News:

The past two years have certainly been a digital wake-up call for distributors and manufacturers. B2B buyers’ behaviors have gone full on digital! Digitizing data and product information is key to the beginnings of your business’s digital transformation. Data is the foundation to your company’s digital growth.

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Product Genius Technology services include, data cleaning and preparation, consulting, and strategizing. Contact ProductGeniusTechnology.com or call 1-800-fasteners to find out how to get started today.


The stories featured in this week’s episode of IN THE NEWS can be found at Fastener News Desk or in our Twitter feed @FastenerNews and on LinkedIn in the Fastener News Group!


Fastener News Desk will have the grand opening for The Fastener Museum this Spring, the online museum will feature a collection of industry memorabilia that dates back over the past decades. We welcome all fastener companies to share individual digital images of your memorabilia with us to add to the Fastener Museum and help create the largest online collection of fastener related history.

If you would like to share your company’s events, news or sponsor an upcoming episode of IN THE NEWS or would like to add to the Fastener Museum 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, be safe and Keep it Fastenating.


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