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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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Kelly Cole Elected NFDA President for 2018-2019

Kelly Cole of Hayes Bolt & Supply (San Diego, California), pictured left, was elected as the 2018-2019 president of the National Fastener Distributors Association. Dan Zehnder of Trinity Logistics Corporation (Waukesha, Wisconsin) will serve as vice president, Bruce Hayes of Sems & Specials (Rockford, Illinois) as associate chair, and Kevin Miller of Bamal Corporation (Charlotte, North Carolina) will remain on the Board as immediate past president.

Four new Board members were elected to serve on the NFDA Board: Adam Derry of Field (Machesney Park, Illinois), Keven Simmer of Wurth DMB Supply (Des Moines, Iowa), Scott Somers of Mid-States Bolt & Screw Company (Flint, Michigan), and Bryan Wheeler of Star Stainless Screw (Wood Dale, Illinois).

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Mastering RPA: How to Maximize ROI with Minimal Investment

Mastering RPA: How to Maximize ROI with Minimal Investment

Leading the charge for Industry 4.0, robotic process automation is capable of digitally transforming distribution through small initiatives that drive big results

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Replacing Welded Hex Fasteners with Full Hex Rivet Nuts!

Sherex Application Spotlight: Replacing Welded Hex Fasteners with Full Hex Rivet Nuts!

 

Sherex's engineering team worked with a manufacturer of agricultural equipment to significantly reduce their fastener and installation costs for several key joints.

The Challenge:
  • The OEM was experiencing low throughput rates and creating toxic emissions by utilising weld nuts.
The Solution:
  • Sherex's engineering team designed and produced a full hex rivet nut to be installed using the FLEX-5 rivet nut installation tool.
  • The new solution increased throughput by 50%, eliminated toxic emissions, AND provided a significant cost savings to the OEM.
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.

Wave Springs Save Space and Require Less Machining

 

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NFDA awards five new scholarships for Fastener Training Week

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

  • Alexander Broadworth, Mid-States Bolt & Screw (Flint, Michigan)
  • Dan Fordham, NSK Industries (Cuyahoga Falls, Ohio)
  • Danette Gralfs, Empire Bolt & Screw (Spokane, Washington)
  • Megan Somers, Mid-States Bolt & Screw (Flint, Michigan)
  • Chris Trifari, Fastener Supply Company (Charlotte, North Carolina)

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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NFDA to Partner with Caliper Corporation To Support Hiring and Talent Development Efforts

National Fastener Distributors Association (NFDA) and Caliper, a New Jersey-based firm that helps businesses to select talent and develop their workforces, have announced a business partnership designed to make personnel decisions – from hiring to succession planning – more seamless and precise for association members.

Through the relationship, Caliper will support association members with their hiring and employee-development solutions. Specifically, NFDA members will receive exclusive access to, and discounts on, Caliper’s pre-employment assessment tools and other services that have been shown to align talent with strategy, hire better people faster, and develop leaders, teams and mission-critical employees.

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Wynnchurch Capital Acquires Anderson Metals

Wynnchurch Capital, LLC ("Wynnchurch"), announced today that it has completed an investment in Anderson Metals Corporation, Inc. ("Anderson" or the "Company"). Anderson is a manufacturer of brass fittings, valves, pipe nipples and related products to the plumbing, hardware and general industrial end-markets. The Company is headquartered in Kansas City, Missouri and was founded in 1947.

Chris O'Brien, Managing Partner at Wynnchurch said, "Anderson has built an outstanding reputation and strong leadership position in its industry during the past 70 years. We feel very fortunate to partner with Keith and Kent Anderson going forward. In addition, we believe this is an ideal opportunity for Paul Ciolino, a Wynnchurch Operating Partner and former CEO of US Pipe, to work with management and leverage his leadership, industry expertise and relationships to take Anderson to the next level." Greg Gleason, Managing Director at Wynnchurch added, "We are excited to invest in Anderson and to build on the Company's history of success. We believe that Anderson's focus on providing customers with industry leading quality, availability and service, combined with Wynnchurch's experience, positions Anderson to be a strong platform for growth."

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“Amazon Business: Defending Against; Partnering With; and Out- Innovating”

A Message From Bruce Merrifield

Following Amazon innovation news and making sense of it for legacy-distribution-channel players is a full-time job. I’ve been doing my best at this quest for most of 2017. Now, the University of Innovative Distribution (http://www.univid.org/aws/AEA/pt/sp/uid_homehas asked me to do a “NEW” day long course on this topic on March 13 in Indianapolis.

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Würth Industry North America Announces Senior Leadership Appointments

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.

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Sherex: Riv-Float® and Riv-Float Short®

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.

Rotor Clip Company is among the first to be IATF 16949:2016 certified

Rotor Clip USA and Rotor Clip Ltd. are now formally certified to IATF 16949:2016, the new automotive standard replacing the previous one known as TS16949 .
 
Rotor Clip is proud to be among the first 50 companies in the world to pass the IATF 16949 audit.
 
The primary focus of the IATF 16949 standard is the development of a Quality Management System that stresses continuous improvement with the goal of preventing defects and waste throughout the supply chain. The key to this is risk assessment, driving the organization to learn from the many inputs it experiences such as customer complaints, internal and external audits and improvement efforts to provide better product and service to the customer.
 
Rotor Clip has instituted a number of specific changes to comply with the requirements and, more importantly, the spirit of the standard. These include installing digital gauges on certain processes to automatically output data for more efficient analysis; automating lab equipment maintenance to ensure testing is done on a timely basis so that customer shipments are not delayed; improving the production of our wire EDM machines by selecting premium brass wire to maximize available cutting time and produce tools quickly and efficiently.
 
View the certificate here

Sherex Fastening Solutions Announces Pacific Warehouse Sales as its TEC Series Western Region Master

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.

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Supreme Court Agrees to Hear State Sales Tax Issue

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.

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The Tax Reform Back Story

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.

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Beacon Fasteners ISO Transition

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.

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SPIROL Introduces Molded-In Aluminum Threaded Inserts for Plastics

 
(click image for Series 60/61 specifications)

SPIROL is pleased to introduce a high performance line of Molded-in Inserts for Plastics manufactured from aluminum. The robust design of the Series 60 Blind-End and Series 61 Through-Hole Inserts consists of axial grooves to maximize torque

resistance, balanced with radial undercuts to achieve high-pull out force. These Molded-in Inserts are designed to be placed in the mold cavity prior to plastic injection, and offer exceptional performance due to unrestricted plastic flow into the retention features on the outside diameter of the Inserts.


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EFC Launches New Website

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.

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Sherex QSLM Approval

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.

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Hodell-Natco Acquires Davco Fastener Company: A Strategic Fit to Ensure Future Growth

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.

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