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EFC International Welcomes Global Team Members

St. Louis, Missouri – September 11, 2018. Guenter Retkowski, Vice President of International Sales, is pleased to announce the team expansion for global growth. New team members will support EFC’s expansion in targeted regions and markets, including Autonomous Vehicles, Electric Vehicles, and Industrial markets.

Shanghai EFC Fasteners Col. Ltd. added seven team members: Director of Sales, Zhanchun Gu; Tina Li, Buyer; Dan Gong, Sales Engineer; Inside Sales Account Managers, Sunny Li, Gloria Shen, and Seven Shen; Logistics Coordinator, Carina Liang. Their collaboration with the existing EFC team, customers and suppliers within China has been significant to growth.

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Artificial Intelligence in Business - Beyond SciFi

New software selection material available --
Selecting software is a complex task and determining which software package is the "best" for your organization can be daunting. The article titled, "Artificial Intelligence in Business - Beyond SciFi" written by Jeff Gusdorf and Maggie Peters at Brown Smith Wallace Advisory Services, provides a framework that ensures you have assessed all of the most important factors and helps you to be more confident in your software purchase decision.  Also, this month we have released the 28th annual Distribution Software Guide and 12th annual Manufacturing Software Guide. Download the release

Sherex Gives Back: Day of Caring

Compression Limiters

 

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NAM - Manufacturers React to NAFTA News

Final Deal Must Include United States, Mexico and Canada

Washington, D.C. – National Association of Manufacturers (NAM) President and CEO Jay Timmons today continued manufacturers’ call to secure the best deal possible for manufacturing workers in America:

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Customization: Rotor Clip's Expertise

Despite an extensive standard catalog stock of  carbon steel and stainless steel with various dimensions and spring characteristics, some applications are not served with a standard stock retaining ring or flat wire wave spring. In these instances, Rotor Clip can produce a  custom part according to your unique specifications. 

With Rotor Clip, you can be certain that you get the assistance and answers that you seek before, during, and after you purchase from us. We have a dedicated and highly trained team of professionals to help you get the answers you seek. From pricing, lead times, logistics to part specs, application design assistance, and feasibility studies; our team has the answer 

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IFE announces 2018 award winners

Hall of Fame at the International Fastener Expo Announced
Industry veterans and thought leaders Bob Sachs and Robbie Gilchrist are added to the list of honored inductees for the 2018 IFE Awards

Los Angeles, CA (August 17, 2018) – The International Fastener Expo (IFE) has announced the winners of the 2018 Hall of Fame Awards. Each year, The Fastener Hall of Fame recognizes industry professionals who have made significant and enduring contributions to the industrial fastener industry on a national or global scale. In addition to their contributions, the award recipients are selected on the role they’ve played in the industry, their leadership skills in administrative and policy areas, and the educational contributions they’ve made to their companies and staff. This year latest recipients, Bob Sachs and Robbie Gilchrist, will join other honored industry members, including but not limited to inventors, business leaders, and educators.
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New NAW Legislative Issue Briefs

FROM: Jade West, NAW Senior Vice President-Government Relations

New NAW “Legislative Issue Briefs” are now available, including updates on:

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Heyco®-Tite Solar Masthead® II Liquid Tight Cordgrips

What Are You Building?

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Gilchrist Foundation Awards Scholarships

The Gilchrist Foundation has awarded five scholarships from the 2018 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;

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Phosphating: Summer's Silent Assasin

Sick of summer weather and moisture corroding your steel parts?

Check out this month's newsletter to see how Rotor Clip's exclusive zinc phosphate finishes offers maximum corrosion protection. Our dry phosphate and phosphate and oil finishes come standard, with no additional cost.

See why our phosphate finishes are specified for in countless applications, and call or email us for free samples or engineer consultations today. READ MORE

Disc-Lock Safety Wheel Nuts

Disc-Lock Safety Wheel Nuts

Are you experiencing issues with loose wheel nuts? Our Disc-Lock safety wheel nuts prevent vibrational loosening Utilizing a patented 3 piece design, Disc-Lock safety wheel nuts secure wheels in heavy load and vibration applications, from trash trucks and buses to tractor trailers.
  • Available in sizes from 3/4 to 7/8 (M18-M22)
  • Easy to install with standard tools
  • No retightening needed after installation
  • Can be used with Class 10.9, Grade 8 bolts
  • Coated in GEOMET 321, providing up to 720 hours protection in salt spray testing (other coatings available upon request)
  • Vibration proof according to MIL-STD-1312-7

Do you use materials of multiple or variable thicknesses? If so, CPB and CPN rivet nuts may be the best solution for your application! CPB/CPN parts offer a large grip range, allowing them to be easily used in multiple different material thicknesses. Their large backside footprint provides increased pull out resistance. CPB/CPN parts are designed to be installed in soft materials like plastics without distorting the base material, an ideal solution for your lightweighting initiatives.
 
Sherex CPN and CPB rivet nuts come in sizes ranging from 8-32 to 5/16-18 (M5-M8), and are available in wedge head or trim head variants. CPB rivet nuts are pre-bulbed for ease of installation and can be installed with spin-spin tooling.




Sherex's engineering team designed the industry's largest rivet nut product line.

The Challenge:
  • The OEM was experiencing production bottlenecks and difficult in-field installations due to the use of a welded clip; the clip was frequently damaged during shipping or misaligned during welding.
The Solution:
  • Sherex created a large size rivet nut with an oversized thread for use with standard step bolts.
  • Utilizing the rivet nut solution, the manufacturer was able to laser cut holes into the pole, ensuring proper spacing and alignment of the holes.
  • The elimination of the welding process, the clip, and one of the hex nuts involved in the previous assembly sped up production and made installation a one hand operation, making it much safer and quicker.
The Sherex engineering team is available to assist you with your fastening challenges. Contact us at [email protected] or call 866-474-3739 for more information.

Würth Group closes first half of 2018 with sales of EUR 6.8 billion

The Würth Group continues its winning streak: The global market leader in the trade with fastening and assembly materials expands sales by 6.5 percent. Adjusted for exchange rates, sales growth even stands at 9.0 percent. The operating result increases to EUR 400 million.

Künzelsau. In the first six months of 2018, the Würth Group reported sales of EUR 6.8 billion. This corresponds to an increase of 6.5 percent. Adjusted for foreign currency effects, growth comes to 9.0 percent. The companies in Germany achieved sales growth of 7.9 percent and total sales of EUR 2.9 billion, while sales growth abroad amounted to 5.4 percent. The Würth Group’s companies in Eastern and Southern Europe are still developing very well, reporting sales growth rates in the double digits. “We still expect that we will be able to report sales and operating result records again in 2018, even if the ifo Business Climate Index has dropped slightly in June and economic forecasts are only cautiously optimistic,” Robert Friedmann, Chairman of the Central Managing Board of the Würth Group, states on the company’s positive outlook for the second half of the year.

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Sherex Taiwan Receives IATF Certification

Sherex Fastening Solutions, a global leader in engineered fasteners, tooling, and automation, is pleased to announce that their Sherex Taiwan production facility has received IATF 16949:2016 certification.

IATF 16949:2016, which establishes specific quality management system requirements for the automotive market, replaces ISO/TS 16949:2009. To gain accreditation, businesses must possess quality systems that focus on continuous improvement to prevent defects, and eleminate high variation and waste throughout the supply chain.

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Jim Ruetz Awarded NFDA’s 2018 Fastener Professional of the Year Award

The National Fastener Distributors Association is pleased to announce the 2018 recipient of its Fastener Professional of the Year award is Jim Ruetz of AIS (Franksville, Wisconsin).

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. The inaugural award in 2017 was presented to Robbie Gilchrist of Capital Marketing (High Point, North Carolina).

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Cold Headed vs Machined Solid Pins

Solid Pins are common fasteners used for aligning, joining, and assembling multiple components. Solid Pins are most useful where the clamp load of a bolt is not needed. They are also used for specific functions such as locating components, hinges, tamper-resistant designs, etc. READ MORE

Impact Report: US Tariffs & Global Retaliations

Tariffs are dominating the news these days with the story changing almost hourly. What countries or industries will President Trump target next? Who will retaliate?

Freedonia’s new white paper draws upon the experience of its industry analysts to assess the potential impact of the latest tariffs on industries ranging from appliances to wine. This new analysis provides quick, easy to read summaries of how tariffs could impact 20 key US industries.

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NFDA awards three new scholarships for Fastener Training Week

The National Fastener Distributors Association (NFDA) has awarded three scholarships for Fastener Training Week, an advanced fastener technical training program produced by the Fastener Training Institute.

  • Brian Goolie,inside sales/customer service, Empire Bolt & Nut, Spokane, Washington
  • Laura Lamanna, engineering/quoting, Buckeye Fasteners, Cleveland, Ohio
  • David Pawletki, senior applications engineer, Shamrock International, Itasca, Illinois

Applicants were evaluated based on the recommendation from their employer, personal achievements, work experience, and an essay. Identifying information was redacted so that the team evaluating the applications did not know the names or employers of those applying.

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Supreme Court Win on Sales Tax Issue!

FROM:
Jade West, Senior Vice President-Government Relations
National Association of Wholesaler-Distributors

This morning the Supreme Court handed down a decision in the Wayfair case overturning the Quill decision and – finally!! – allowing states to require out-of-state/online sellers to collect state sales taxes.   NAW joined Amicus briefs in this case, and it is a huge victory for our brick-and-mortar businesses.

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Checklist for choosing a quality retaining ring manufacturer

You certainly have choice of vendors when sourcing retaining rings, but not all retaining ring suppliers offer the same level of quality, expertise, and trust. Here are 5 points you should consider when choosing your next retaining ring supplier:

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EU Imposes Retaliatory Tariffs on Certain Fasteners

The World Trade Organization announced today the imposition of new tariffs on certain fastener products imported from the U.S. by European Union countries, effective June 22, 2018:

CN Code Description Additional Duty
73181410 Self-tapping screws, of iron or steel (other than stainless (excl. wood screws) 25%
73181491 Spaced-thread screws of iron or steel other than stainless 25%
73181499 Self-tapping screws of iron or steel other than stainless (excl. spaced-thread screws and wood screws) 25%
73181640 Blind rivet nuts of iron or steel other than stainless 25%
73181660 Self-locking nuts of iron or steel other than stainless 25%
73181692 Nuts of iron or steel other than stainless, with an inside diameter <= 12 mm (excl. blind rivet nuts and self-locking nuts) 25%
73181699 Nuts of iron or steel other than stainless, with an inside diameter >= 12 mm (excl. blind rivet nuts and self-locking nuts) 25%

 

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