By CFM| 2014-10-24 00:00:00
By CFM| 2014-10-17 00:00:00
By Khunnawat Teeranawattanakun| 2014-10-16 00:00:00
By CFM| 2014-09-19 00:00:00
By ,2014-11-18 11:23:02
Chinese auto fastener cooperations must be very happy to know the prediction that auto sales in US will rise to 16.94 million in 2015. The National Automobile Dealers Association predicts U.S. sales of new cars and trucks will hit a 10-year high of 16.94 million in 2015. The group says rising employment and wages, continued low interest rates and lower gas prices will help increase sales next year. U.S. auto sales are expected to reach 16.4 million this year. That’s up 5 percent from 2013. If sales reach 16.94 million next year, it will be the best year for the industry since 2005’s 16.95 million, according to Ward’s AutoInfoBank. U.S. sales of new vehicles peaked at 17.3 million in 2000. High gas prices and the recession drove sales to a low of 10.4 million in 2009, but they have rebounded since.
By Alex Tsai ,2014-11-15 10:26:06
Taiwan’s screw exports reduced to 130,517 tons in September, down by 1.13% from the previous month after hitting a new high of some 140,000 tons in July. Besides, the export price is averaged at US$2.659/kg in September, down by 0.88% from the same months a year ago. Total export value reached US$347 million, increasing by 10.97% from the corresponding period of last year.
By JAMES DETAR ,2014-11-15 10:05:57
New car sales growth in China, the world's largest auto market, held steady in October after a long slowdown, while local brands regained a bit of the market share lost to foreign makers such as General Motors (NYSE:GM). The China Association of Automobile Manufacturers said Friday that passenger car sales grew 6.4% to 1.7 million vehicles, in line with September's growth rate. Total sales last month, including trucks and buses, grew 2.8% from a year ago, up from September's 2.5% growth rate. Chinese domestic brands' market share rose a little more than 1 percentage point to 39.5%, reversing a steady loss to U.S. and European brands. Volkswagen (OTCPK:VLKAY) and GM are rivals for top foreign brand in China. Ford Motor (NYSE:F) has made gains in that market as well this year. On Thursday, GM said that it had sold 2.9 million vehicles in China so far in 2014, up 10.7% from a year earlier. The company also expects to roll out 60 new or revamped models through 2018 in China. General Motors shares were up less than 1% in Friday midday trading on the stock market today. Volkswagen and Ford both rose. Toyota dipped 0.3%. Honda Motor (NYSE:HMC) rose more than 1%, and Nissan Motor (OTCPK:NSANY) was up less than 1% Friday.
By Alex Tsai ,2014-11-20 11:09:13
China Steel Corp. (CSC), one of the major carbon steel flat product manufacturers in Taiwan, has announced its new prices of steel plate for January/February shipments. CSC decided to cut the steel plate prices by NT$300~600/ton. The company’s benchmark price of steel plate will be around NT$20,500/ton, and price of SS400/A36 will be NT$19,600/ton. The price of ship plate is prevailing at NT$21,250/ton.
By Alex Tsai ,2014-11-19 10:54:13
According to data released by the customs, Brazil imported 11,500 tons of wire rods in October, soaring by 31% from a month ago. The import prices were averaged at US$629/ton. Among them, 6,300 tons were from Latin America; 3,400 tons were from Asia; and 1,800 tons were from the EU. Meanwhile, the country’s wire rod exports totaled 3,700 tons in October, slumping from some 20,000 tons in September. The export prices were averaged at US$665/ton.
By steelguru ,2014-11-18 10:27:12
Stainless Steel Council of China Special Steel Enterprises Association announces China's production of stainless crude steel in the period from January to September in 2014 was 16.0221 million tonnes up by 17.4% from the year earlier period. The production of all types of steel was up from the year earlier period, which arose especially from the increase in the production of nickel containing products (300 series). Although it is quite obvious the production volume in the calendar year 2014 will exceed 20 million tonnes, the increasing pace is regarded as one of the factors for supply pressure not only in the Asian zone but also in the European zone. The rough estimate on the quarterly production shows that the production of stainless crude steel in the period from July to September was down from the prior period. As for the production by steel type, only production of chrome containing products (400 series) was good and up from the prior period, which however bowed to pressure from decreased production of nickel containing and manganese containing products. Besides, this announcement also reports the import and export volumes of stainless steel with its apparent consumption and the details are as shown in the table below.
By CRAIN'S CLEVELAND BUSINESS ,2014-11-20 13:23:51
The Timken Co. (NYSE: TKR) said it is bulking up its bearing portfolio by agreeing to buy Revolvo Ltd., a specialty bearing company based in Dudley, United Kingdom, from ERIKS NV. Revolvo makes ball and roller bearings for industrial applications in process and heavy industries. It posted sales of about $8.3 million in 2013, according to a news release from North Canton-based Timken. Terms were not disclosed. Timken said it expects the acquisition to close “within the next few weeks.” In the release, Timken said it has been “steadily adding to its product portfolio as part of its growth strategy and over the past three years has acquired a number of new products and services including roller and engineered chain, lubrication systems, and gearbox, generator and motor repair services.” It said it sees Revolvo “as both highly complementary and integral to filling out the Timken bearing product lines.” Hans Landin, product line executive of power transmission and engineering systems for Timken, said in the release, "The Revolvo team brings a wealth of experience and well-established customer relationships, and their split roller bearing housed unit line will strengthen the Timken portfolio of bearing and power transmission products.”
By Fastener+Fixing ,2014-11-19 11:16:29
Bossard Group sales reached CHF 152.5 million (126.5 million euros) in the third quarter. Sales increased 1.1% in local currency but remained at the same level as Q3 2013 in Swiss Francs. Nine-month sales were CHF 473.5 million (392.7 million euros) up 2% in Swiss Francs and 4.1% in local currency. Bossard says the overall positive demand trend in Europe continued although growth did weaken. Third quarter sales grew 1.5% in local currency and 0.4% in Swiss Francs to CHF 98.5 million. Lower growth rates compared to previous quarters correlate with the persistent downward-trending economic indicators, partially due to geopolitical uncertainties in Europe. Demand in Asia remained robust, increasing 15.7% in local currency: in Swiss Frances sales rose by 14.6% to CHF 26.7 million. Bossard reported double-digit growth rates in most of its Asian sales countries. Continued soft sales in America were due to weaker demand from a major customer. Added to this Tesla temporarily closed its plant in order to expand production capacities. Bossard is emphatic this in now affects the excellent sales expectations from this customer. Sales fell 12.2% to CHF 27.3 million for the quarter, a drop of 10.9% in local currency. Bossard says it expects different regional sales trends for the fourth quarter. In Asia it continued to target above-average growth but in Europe it expects demand to remain sluggish. In America, the burgeoning sales volume with Tesla will affect business positively. The Group projects full year sales in the region of CHF 625 million (518.3 million euros), an increase in local currency of around 4% over 2013. Source: www.fastenerandfixing.com
By AFJ ,2014-11-06 10:43:42
The 34th National Industrial Fastener & Mill Supply Expo held October 22-24 at the Sands Expo & Convention Center, Las Vegas, Nevada, set a new record for exhibit space and enjoyed an increase in buyer attendance, reports Susan A. Hurley, CEM, General Manager. “We had 823 booths and 618 companies from throughout the USA and 18 other nations worldwide, making this year’s Expo the largest in our long history dating back to 1981. Exhibitors were kept busy by a constant flow of distributors, importers, manufacturer’s reps, independent sales reps, and other visitors from 40 countries crowding the aisles eagerly looking at the huge variety of fasteners and fastener-related products and services being offered”, says Ms. Hurley. Booth of ChinaFastener Magazine 1553 A total of 4,606 persons (exclusive of guests) registered for the Expo with the all-important distributor category leading the way with 1,347 registrants, informs Lesley Hoheisel, Registration Manager. The Machinery & Tooling area of the Expo was conspicuously larger than in previous years and included a number of new companies showing a wide variety of fastener production machinery, tooling and other related equipment and supplies of interest to the largely built-in audience of fastener manufacturers. “We expect exponential growth of this this vital Expo component in future years as the event continues becoming the one-stop shopping source for the fastener industry in North America”, comments Jim Bannister, Managing General Partner. The Expo was preceded by a full-day of fastener training, education and informational meetings sponsored by a number of leading fastener associations held on Wednesday, October 22nd. There was an invitation-only “Hall of Fame” Reception & Award Presentation honoring industry leaders Leo Coar and Surinder Sakhuja held on Wednesday evening, October 22nd., followed immediately by the always popular and heavily attended “Welcome Party” sponsored by Expo Management, which packed an estimated 1,500 persons into the Treasure Island Hotel Ballroom to enjoy complimentary drinks and appetizers. The “World’s Largest” Fastener & Mill Supply Expo was open from 9:00 AM to 4:00 PM, Thursday, October 23 and from 9:00 AM to 1:00 PM, Friday, October 24. Exhibitors seemed well pleased, and a number of post-show comments were received by Expo Management. “Great show!” said representatives of Accurate Manufactured Products; Alfa Tools, and Hanger Bolt & Stud. A Delta Engineering representative said “Best show ever!” Other comments included: “Busiest show we have exhibited in thus far”, stated Mark Ciuba and Scott Stanier of Groov-Pin; “I was positively impressed by the Expo in our first year of exhibiting”, said Andre Lopez of Tormex; “Another successful show! This year, buyers came back to the exhibit hall after lunch on Thursday”, reported Elna Mukaida, Soule, Blake & Wechsler; and “The Expo was busier and better than last year. Thanks for the half-day on Friday. It was smooth”, commented Luc Fournel, Infasco/Ifastgroupe; and Benji Perez of Ideal Fasteners happily reported “We handed out all of our literature this year”. Many more exhibitors commented about show visitors returning to the exhibit hall after lunch on Thursday and better traffic than usual in the exhibit hall on Friday. The 35th National Industrial Fastener & Mill Supply Expo is scheduled for October 21-23, 2015 at the Sands Expo & Convention Center, Las Vegas, Nevada. For more information, contact Susan Hurley, General Manager, at (614) 895-1279, email firstname.lastname@example.org or visit the Expo website at www.fastenershows.com
By CFM ,2014-10-24 00:00:00
At 9:00 in the morning on Oct. 23th 2014, the National Industrial Fastener & Mill Supply Expo was grandly opened at Sands Expo & Convention Center. NIFMSE has become not only the biggest fastener show in North America, but also one of the biggest fastener exhibitions in the world given to its vast of scale. www.chinafastener.com (Booth 1553) has exhibited for the last eight years. Being as one of the most professional fastener media in China, it managed to introduce more and more excellent Chinese fastener suppliers to overseas buyers. And the latest issue of ChinaFastener Magazine had gained much popularity at scene and many buyers showed great interest towards it. At the mean time, some of them had also asked about Fastener Expo Shanghai 2015, which will be held in June 25-27 in Shanghai World Expo Exhibition & Convention Center. Booth of ChinaFastener Magazine 1553 AS was observed by journalists of www.chinafastener.com, there are about 700 exhibitors with over 800 booths. Besides American fastener companies, many came from afar, like China, Singapore, Israel, Brazil, Japan, Italy, Chinese Taipei etc. Many powerful CAS members also appeared in the show, like Fast-Fix, SRC, Tandl, Dongtai QB, Wenzhou Kaixu, Changshu Five Rich, RET, XYLX, Sansega, Haiyan Power Fastener, Jiaxing Zhengying, Hengfeng Rivet, Xinkai, Zhejiang Qifeng, Haiyan Guangda etc. These companies had really lightened the show by showcasing plenty of good made-in China products. Tandl Fast-Fix SRC Dongtai QB Changshu Five Rich RET Sansega Wenzhou Kaixu Zhejiang Qifeng Power Fastener Hengfeng The atmosphere was quite pleasing at scene. A large number of international buyers came and discussed passionately with the suppliers. As was told by a few buyers, journalists of www.chinafastener.com learnt that European buyers prefer fastener manufacturers in Taiwan than those in Mainland China in the consideration of product quality. Chinese fastener manufacturer really need to think about it and change their business strategies. While our interview with many CAS members, we found that many Chinese companies had been aware of that during the show and the consciousness of getting better. We should have more faith and patience in them. This year’s Expo is the largest ever in the show’s 33-year history and will feature over 82,000 sq. ft. of exhibits of interest to fastener manufacturers, distributors, importers, sales reps and others, informs Susan A. Hurley, CEM, General Manager.
By Miles Moore ,2014-11-17 11:28:58
TOLEDO, Ohio—Hitachi Metals Ltd., a Tokyo-based auto parts manufacturer, has agreed to plead guilty and pay a $1.25 million fine for its alleged role in a conspiracy to fix prices and rig bids for automotive brake hose. The U.S. Justice Department Antitrust Division filed a one-count felony charge and settlement agreement against Hitachi on Oct. 31 in the U.S. District Court for the Northern District of Ohio in Toledo. According to the document, Hitachi and its co-conspirators fixed the prices of brake hose sold to Toyota Motor Corp. and Toyota’s subsidiaries, affiliates and suppliers. Hitachi’s involvement in the conspiracy lasted from at least November 2005 until at least September 2009, according to the Justice Department. In addition to pleading guilty and paying the fine, Hitachi also agreed to cooperate fully with Justice Department investigators in their ongoing probe of price fixing among auto parts manufacturers, the agency said. The settlement agreement is subject to court approval. With Hitachi’s guilty plea, 30 auto parts manufacturers have pleaded guilty or agreed to plead guilty in the Antitrust Division’s price fixing investigation, the largest in the history of the agency. Those companies have agreed to pay a total of nearly $2.4 billion in fines. Forty-four executives of those companies have also been charged individually for their alleged roles in the conspiracy. The Antitrust Division and the Federal Bureau of Investigation continue to seek information on price fixing, bid rigging and other illegal, anticompetitive practices in the auto parts industry. Anyone with information on this matter should contact the Antitrust Division’s Citizen Complaint Center at 888-647-3258 or at this website. They may also contact the FBI’s Cleveland field office at 216-522-1400.
By ,2014-11-04 10:51:33
New Delhi: The country’s largest two-wheeler maker, Hero MotoCorp Ltd, on Sunday reported a 8.05% decline in its sales in October to 5,75,056 units. The company had sold 6,25,420 units of two-wheelers in October 2013. The company said it clocked sales of over 1 million two-wheelers during the 37-day festive period, which started on 25 September (first day of Navratras) and lasted until 31 October 2014. Hero MotoCorp said it has lined a total investment of over Rs.5,000 crore across the world, including manufacturing plants in Colombia and Bangladesh, and the new plants coming up at Gujarat and Andhra Pradesh, and the Hero Global Centre for Research and Design at Kukas in Rajasthan.
2014 Korea Metal Week grandly opened on Sep. 16th, 2014 in Korea International Exhibition Center (KINTEX), Seoul, South Korea. ChinaFastener Magazine (Booth No. 5g 190) attended in it as a supportive media. Korea Metal Week, organized by Korea Trade Fairs Ltd, is held every two year since 1989. It is the biggest metal industry and machinery fair in South Korea, comprising of seven shows. They are Fastener & Wire Korea, Die Casting & Foundry Korea, Automobile & Machine Parts Korea, Press & Forging Korea, Tube & Pipe Korea, Metal Surface Treatment Korea, and Korea Composite Show. This year 320 exhibitors participated in this event and 31 of them came from mainland China. The rest of exhibitors were from Korea, Chinese Taipei, Germany, the USA, Switzerland etc. Chinese exhibitors were relatively fewer than the last year. 50 exhibitors from mainland China exhibited in 2013. About 89 exhibitors exhibited in Automobile & Machine Parts Korea. And 58 exhibitors gathered in Fastener & Wire Korea.15 fastener companies from mainland China exhibited, including Shanghai Rivet, Qiang Xin, Wenzhou Taihe, Hebei Fuao, Baoji Qicheng, Hangzhou Dingyuan, Ningbo Exact, Ningbo Jinding, Eagle Hardware, Shanghai Jingyang, Haiyan Sanma, Ningbo Hexin, Kinfast Hardware etc. Many famous brands also appeared such as Atotech, Hyodong etc. Atotech Hyodong Shanghai Rivet Wenzhou Taihe Qiang Xin Hebei Fuao Baoji Qicheng Hangzhou Dingyuan Shanghai Jingyang Ningbo Jinding Haiyan Sanma Being as the supportive media partner, representative of CFM distributed the latest issue of ChinaFastener Magazine at scene and it was very much welcomed by the international buyers. They were quite interested about the buyer’s guide part. The visitors were fewer at the opening day and today there are much more buyers. As the organizer put, this exhibition will be held once a year from this year on. The next Korea Metal Week will be held in Sep 2015 Worth to mention, Korea Metal Week is concurrently held with 4 major trade fairs specialized in machine (KOMAF), tools (Tool tech), auto parts (KOAASHOW), and welding (Welding Korea), which comprised as Korea Industry Fair. It is expected that there will be around 130,000 buyers to visit during the four days exhibition. In 2013 South Korea’s fastener output reached 970,000 tons Automobile industry, construction industry, and electronics industry were the three largest consumer groups of fasteners, demanding more than 750,000 tons (77.4%), 130,000 tons (13.5%) and 20,000 tons respectively, and the rest 70,000 tons went into other industries. As for the import, South Korea imported USD 520 million fasteners in 2013, up 16.7% in comparison with 2012 (2012: USD 450 million). The fasteners imported from mainland China, USA, Germany, and Chinese Taipei were USD 180 million, 130 million, 49 million, and 25 million, respectively, with such fasteners shipped from mainland China taking the highest share of 34.6%. In regard to export, South Korea exported USD 670 million fasteners in 2013, up 11.3% while compared with 2012 (2011: USD 607 million). From above statistics, it is pretty obvious that Mainland China is the major supplying country of South Korea’s fastener industry. And the holding of Korea Metal Week plays an important role in strengthening the communication and trading between South Korea and Mainland China. The 16th Issue of ChinaFastener Magazine will go to Metalex Vietnam and 2014 National Industrial Fastener& Mill Supply Expo (Booth No 1553). Come and get a free hardcopy then , see you there! Or you can contact us through email@example.com
After a short break from 2014 Fastener Expo Shanghai, the representative of ChinaFastener Magazine exhibited in the 18th M-Tech Tokyo during 25-27 June. Japanese companies account for nearly 90% of the 900 exhibitors. 18 exhibitors of fasteners came from Korea and 17 from China mainland. Most of Chinese exhibitors came together with translators since about 95% of the visitors are Japanese. CFM's Booth E32-16 Some of the Chinese exhibitors also went to Fastener Expo Shanghai 2014 as well as CFM representative, like ChinaFar, Jiaxing Zhengying, Ningbo Jinding, Eagle Metalware ,Jiaxing Zhapu, Jiashan Yongxin etc. Jiaxing Zhengying Jiaxing Chinafar Eagle Metalware The 18th Mechanical Components & Materials Technology Expo (M-Tech), 5th Medical Device Development & Manufacturing Expo (MEDIX), 25th Design Engineering & Manufacturing Solutions Expo (DMS), 22nd 3D & Virtual Reality Expo (IVR) was held during the same period. Satisfaction was found on everybody’s smiling face Representative of Korea Group Taiwan Group CFM representative recommended appropriate suppliers and was astonished by the creative decoration of exhibitors at scene. It is said that, the fastener industry is relatively stable and closed in Japan. Fastener companies tend to buy steel , cold header ,heat treatment facilities and other related materials at home. During CFM’s short interview with Chinese exhibitors, some of them also said that :” In fact, the main reason for us to come to the show is that we really want to know the development of fastener industry in Japan and see what we can learn from them.”
During 3-5 June the 15th Hardware + Tools Middle East grandly opened in Dubai International Convention and Exhibition Centre (DICEC), Dubai, United Arab Emirates, showcasing the Product Groups of TOOLS, HARDWARE, CONSTRUCTION & BUILDING MATERIALS, and MACHINERY. CFM's booth No (HT711) Being as the most delicate hardware fair in the region, Hardware + Tools Middle East 2014 has attracted 230 exhibitors from 13 different countries, including China ,India, France, Germany, Italy, Poland etc. Among them, most of the exhibitors came from China. Chinese exhibitors counted 155 and 9 came from Chinese Taipei. About 17 Chinese fastener companies took part in this big event, such as Dongtai QB, Yuyao Mingfeng, Ningbo Sijin, Jiashan Yongxin, Haiyan Sansega, Haiyan Ronghua, Shanghai Anzi, Wuxi Hezi, Haiyan Brother United, Haiyan Hongcheng etc. Shanghai Anzi Haiyan Ronghua Ningbo Sijin Yuyao Mingfeng Jiashan Yongxin Haiyan Sansega Wuxi Hezi Haiyan Brother United Haiyan Hongcheng As the affection of many of EU’s anti-dumping duties, Chinese fastener companies are eager to open new market. It is reported that Dubai had imported 72,583 tons of fasteners from China in 2013, which counted 26% of the total import amount. The export value of fasteners imported from China is 113.2 million dollars. During the last 10 years, the population and number of tourists surged in a great deal. CFM journalist noticed that there are at least 10 five star hotels which are in preparation. Furthermore, the government investment on hardware and architectural projects will possibly exceed 200 billion dollars in 2015, like the expansion of AUH, Dubai Rail Project, City of Arabia in the biggest theme park Dubai Land etc. All that indicate the great potential of fastener market in the Middle East. Suppliers scanningCFM magazine CFM journalist recommending CAS members to buyers As the professional media in fastener industry, ChinaFastener Magazine (Booth No.HT711) took part in the trade show to recommend excellent fastener suppliers to the international buyers. The 15th issue of ChinaFastener Magazine was warmly welcome by the overseas buyers. CFM journalist also made reference of suppliers to them based on their specific needs. They expressed great interest in Chinese companies
The second Indo Fastener show was successfully held on 14th May this year. It will last for three days. Being as one of the major media partner of the show, CFM exhibited and learnt about the current market situation of Indonesia. According to the official statistic, there are 26 fastener companies from mainland China exhibited in the show, taking a large proportion among all together 49 exhibitors. 15 Taiwan companies exhibited the show. Several famous firms were very popular at the scene, like Special Rivets, Changshu 5 Rich Hardware, Shanghai Rivet, Shanghai Jingyang, Ningbo Sijin, 3 Star Rivet, Zhejiang Taisheng etc. CFM's booth G20 SRC Changshu 5 Rich Hardware Shanghai Rivet Shanghai Jingyang 3 Star Rivet Zhejiang Taisheng During the same period, the 7th Indonesia International Automotive (Components, Spare Parts, Tools and Accessories Exhibition ) is held concurrently. And one exhibitor came from mainland China among 44 firms. About 2170 visitor came to the show on the first day. Handan Ruiqiang, S&D Fasteners, Foshan Kuiloon also witnessed the show. Most of the buyers came with specific buying requirements and had business contact with Chinese supplier before. ChinaFastener Magazine recommended CAS members according to the their need at the scene. （What is CAS member? Click Here) Jiangsu Zhenya Ningbo Maowang Some exhibitors told CFM journalist that though the visitors were not as many as they’ve imagined, but the buyers are very professional and determined. They believed this to be a good chance to develop business relationship after the show. Affected by the continuously execution of anti-dumping duties in European markets, many fastener companies now intend to increase their market share in Southeast Asian. Thanks to the free trade agreement between China and Southeast Asian Union, both side can enjoy zero tariff. In 2013, Indonesia imported $66 million fasteners from China. As is noticed by CFM journalist, many street reconstruction has been taken in Indonesia which indicated huge need for constructional fasteners. It will also bring a great deal of promotion to auto fastener industry, too. It is believed that Indonesia may offer huge business prospects.
On Apr 14-15, China Fastener Magazine participated in Taiwan International Fastener Show 2014 as to promote business for Chinese fastener companies and get the lastest fastener news. The show was held every two years in Kaohsiung Exhibition Center, KEC, this is CFM's second attendence. Held right in the middle of Taiwan’s largest and most dynamic industry cluster, the scale and the number of participants of the show had doubled compared to 2012. There are about 330 companies and thousands of attendees from Germany, France, America, Japan, Great Britain, Austrilia etc, all together 20 foreign countries. China Fastener Magazine distributed the 15 issue to many international buyers, like THEO FOERCH, Reisser, Wurth, Domax, Al Wehdah Star, and gave recommendation about the famous Chinese suppliers to them. The opening ceremony of the show and Kaohsiung Exhibition Center was hosted by the vice president Wu Don-Yih, together with the mayor of Kaohisung city Chen Chu and many other honored guests. It took 3 billion TWD to build Kaohsiung Exhibition Center ,pointed out by Chang chia-juch, minister of economic affairs. CFM with profession fastener buyer Autolink All the exhibitors are local companies ,most famous cooperations had planned their booth with delicate taste, such as Chun Zu, SAN SHING FASTECH, CHITE,TYCONE. The leading steelmaker Sinosteel also exhibited in the show which indicates the close cooperation of the industrial chain. Puma FX San Yong Electric Heat TALKYU
2014 Five Region Fastener Association Conference was successfully held on 13 Apr in KECC Taiwan .Five Region Fastener Association Conference is a yearly event held by the regions of Mainland China, Hong Kong, Taiwan, South Korea and Japan. It was Taiwan Industrial Fastener Institute's turn to hold it this year. There are about 200 attendees in the conference. Among them, 27 of them came from South Korea, 36 from Japan, 52 from mainland China, 52 from Taiwan China, 36 from HK China. ChinaFastener.com witnessed the big event as one of the most influential media in the industry, providing technical support for the conference. 2014 Five Region Fastener Association Conference was officially opened at 2 o’clock in the afternoon. Concentrating on the development of fastener industry in the past one year, the representatives of five regions made an industrial report respectively. They were Mr. Thompson T.H.Chang, president of Taiwan Industrial Fastener Institute;Mr. Feng Jinyao, chairman of China Fastener Industry Association; Mr. Lin Zhi Ming, chairman of Hongkong Screw & Fastener Council; Mr. Yu Zhenshan, president of Korea Federation of Fasteners Industry Cooperatives; and Mr. Katsuyoshi Okawa, chairman of the Fasteners Institute of Japan. The holding of Five Region Fastener Association Conference not only strengthen the friendship and communication among five regions, but also provide a platform for entrepreneurs to learn the latest development of fastener industries in five regions and plan the next step to develop enterprises. After the cheerful intermission, Mr. Thompson T.H.Chang gave speech on the theme of " Yesterday, Today and Tomorrow of Taiwan Fastener Industry" and showed great confidence in future development. With the announcement that the next year’s Five Region Fastener Association Conference will be held in Hongkong by Hongkong Screw & Fastener Council, 2014 Five Region Fastener Association Conference came to an end.