Würth Industry North America (WINA) today announced the appointments of Mike Buchanan and Miseal Mena. Buchanan has been named Vice President of Finance, and Miseal Mena, currently Project Manager for Central and South America, as well as Sales Manager for Mexico, has been promoted to Head of Business Development for Latin America. Buchanan and Mena will both report to Marc Strandquist, Executive Vice President of the Würth Group.

Buchanan will be responsible for directing the finance strategies, analysis, forecasting, and budget management for the business unit, as well as ensuring that financial policies and practices are compliant with corporate and accounting standards. He comes to the team with a broad background in finance, support services, and business planning. Most recently, he held the position of Vice President, Finance and Support Services for SUEZ – Advanced Solutions in Atlanta, GA. Buchanan received his B.S. degree in Business Administration from The Citadel, and his MBA from DePaul University. He is a Certified Management Accountant and Certified in Financial Management.

A Message From Sherex

Are you experiencing problems with tolerance stack? Having trouble with misalignment during joint servicing? Riv-Float Rivet Nuts are the answer! Using a patented floating inner nut design, Riv-Float provides fast and easy attachment points in off-center applications, reducing the risk of cross threading and spin out.

Riv-Float rivet nuts are an ideal replacement for riveted nut plates and cage nuts as they reduce installation time by requiring only one hole and can be installed blind. Riv-Float can also replace weld nuts, offering quicker, easier installation, and eliminating the possibility of weld spatter affecting threads and the need for costly ventilation systems.   

For applications with restricted backside clearance, Riv-Float Short provides the same solution to tolerance stack as Riv-Float with a reduced profile, allowing for blind installation in tight spaces. 

Riv-Float and Riv-Float Short can be installed with the Sherex Flex-5 installation tool with the use of a Riv-Float anvil.

A federal legislative solution to the state sales tax collection loophole benefiting remote-only sellers to the competitive disadvantage of local brick-and-mortar distributors and retailers remains elusive.  However, the federal judiciary may be in the process of moving the needle on the “e-Fairness” issue.

As we reported last fall, the State of South Dakota passed a law requiring remote sellers to collect and remit the state’s sales tax on certain transactions, knowing that their law was almost certain to be struck down as violating the Supreme Court’s Quill decision barring states from requiring that the taxes be collected by remote sellers without a physical presence – nexus – in the state.

A Message From Sherex

Sherex Fastening Solutions, a global leader in engineered fasteners, tooling, and automation, is pleased to announce Pacific Warehouse Sales (PWS) as the Western Region Master Distributor for its TEC Series wedge locking washer product line.

A Message From NAW

As you know, NAW has long been involved in the fight for comprehensive tax reform, with particular focus on leveling the playing field between industries – including wholesale distribution – that have historically paid high effective tax rates and those industries that have enjoyed single digit effective rates – or even secured tax refunds.

A Message From Beacon Fasteners

Beacon Fasteners and Components is excited to announce that they have successfully completed the transition from the ISO 9001:2008 to the ISO 9001:2015 Quality Management System. Beacon’s drive and support from management and their operational staff paved the way to this achievement one year before the deadline.

A Message From EFC International

EFC International Continues To “Redefine The World Of Distribution” By Launching A New Website Focused On Providing An Unparalleled Customer Experience.

A Message From Sherex

We are pleased to announce that we have received QSLM approval (Qualified Suppliers List for Manufacturers) from the U.S. Defense Logistics Agency for our NAS/MS rivet nuts produced in our Akron, OH facility. Manufacturers who gain this approval must satisfy stringent quality requirements, including: having a documented quality control program, maintaining lot identity through the manufacturing process, and using Statistical Process Control (SPC) on an ongoing basis.

A Press Release From Hodell-Natco

Hodell-Natco Industries acquired Davco Fastener Company on December 1, 2017. The move was a strategic one that gives Hodell-Natco a stronger foothold in the OEM market. Kevin Reidl, President of Hodell-Natco, worked together with Dave Potts, President and Owner of Davco Fastener Company on this mutually-beneficial transaction.

The Gilchrist Foundation has awarded the final scholarship for 2017. Ryan Payne was awarded the scholarship via the Mid-West Fastener Association. Ryan will join the three previous scholarships from the 2017 applicants.  Congratulations to the recipients. We wish them well and are pleased to assist them with their education. 

They are as follows and their sponsoring companies;

A Message From International Fastener Expo

From October 17 through 19, North America’s largest and most well-known gathering of fastener industry professionals returned to Las Vegas for the 37th consecutive International Fastener Expo. We want to thank all of our amazing media partners, corporate sponsors, exhibitors and attendees for making 2017 the expo’s greatest year yet.

Würth Industry North America (WINA) is strengthening its structural fastening portfolio and has acquired Weinstock Bros., Inc. in Valley Stream, New York. Weinstock Bros., Inc. serves the needs of some of the world’s leading steel fabricators and erectors.

The New York based company, with more than a century of experience, has earned the reputation of a go-to supplier and specializes in supplying high strength structural bolts, tools and equipment for some of the most demanding structural steel building and bridge construction projects. Over the years, Weinstock Bros., Inc. has become a leading and reliable resource within the construction industry and has grown to be a major force in the structural fastener business. The Company’s products hold together some of the most iconic structures in the world, including Freedom Tower, Goethals Bridge, Atlanta Falcon’s Mercedes-Benz Stadium, the Verrazano Bridge, Yankee Stadium, and more.