Distributors

Mission

NFDA is a trade association of qualified fastener related companies which recognizes the worldwide nature of our industry. Our members share a common leadership interest in the areas of providing:

• Professional Education and Training
• A Vital Communications Network
• Industry Trends
• Coordination of Geographic and Diverse Interests
• Timely Response to Pressing Needs
• Social Interaction
• A Proactive Voice in the Development of Specifications and Regulations

We will be an unequalled source of fastener expertise whose members exhibit the highest standard of integrity and ethical business practices.

Purpose

The purpose(s) for which this association is formed shall be, in all ways lawful and consistent with the public interests are:

1. To advance the interests of the fastener industry by promoting the distribution of fasteners through persons engaged in the industry.
2. To collect and disseminate useful statistics and information for members
3. To encourage enlarged and friendlier relationships between persons engaged in the fastener industry.
4. To foster improvement in the service rendered by the fastener industry to consumers.
5. To promote improvement of quality in and the expansion of markets for fasteners.
6. To develop new uses for fasteners.
7. To assist in the maintenance of sound relationships between the industry and its employees, its customers, the general public and the federal government.

To be eligible as an NFDA Distributor member, the organization applying for membership must meet, and continue to meet, the definition of a Distributor member in the NFDA Amended Articles of Incorporation and Bylaws:

“To qualify as a Distributor Member of the Association, the corporation, partnership, or individual must be reputable and actively engaged in the distribution of fasteners as defined in Article Four of the Amended Articles of Incorporation. An applicant for Distributor Membership must demonstrate that it is engaged in the distribution of fasteners as stated in the Amended Articles of

Incorporation and meets the qualifications/requirements for membership as established by the Board of Directors. Any Distributor qualification/requirement for membership, except as stated in the Amended Articles of Incorporation, may be waived and/or changed by a majority vote of the members of the Board of Directors.”

Classification

In addition to the definition of a Distributor member, the following must describe a Distributor’s North American operations:

• Be a North American company actively engaged in the distribution of fasteners, fastening devices and/or related products with a majority of the products sold to end users and original equipment manufacturers;
• Have annual gross sales of fasteners, fastening devices and/or related products of at least $1,250,000;
• Have an average of past three fiscal year end inventories of self-owned fasteners, fastening devices and/or related products of at least $75,000 and regularly maintain and use warehouse space of at least 5,000 square feet;
• Employ full-time sales force (inside and outside) selling fasteners, fastening devices and/or related products to end users and original equipment manufacturers exclusive of the principal management; and,
• Be willing and able to make substantial contributions to the objectives of the Association