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  • Fastener Companies Gathers in  National Industrial Fastener & Mill Supply Expo

    Fastener Companies Gathers in National Industrial Fastener & Mill Supply Expo

    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.
  • CFM Witnessed the Grand Opening day of Canton Fair

    CFM Witnessed the Grand Opening day of Canton Fair

    By CFM| 2014-10-17 00:00:00

    The 115th China Import and Export Fair (Canton Fair) grandly opened on 15th Oct., 2014 in China Import and Export Fair Complex ( Pazhou, Guangzhou, China). It will last to 4th Nov. The exhibition area covers 1.18 million square meters with 60,222 booths. This year 170 more companies exhibited which made the total number of exhibitors to 24,751. It showed the great influence of this show. CFM witnessed Canton Fair on the First Day and distributed the newly published 16th issue of ChinaFastener Magazine to international buyers on scene. Mr. Fang, the vice-minister of China’s Ministry of Finance, attended the opening ceremony and spoke that the public police had effectively improved the business environment and provided relief to the middle-sized companies and the next step is yet to come. The popularity of Canton Fair showed the steadiness of China’s foreign business . Mr. Liu Jianjun, the spoke man of Canton Fair, said that over 90% of the previous exhibitors choose to participate again which showed great confidence in this event. Though he pointed out that the financial turbulence of the international market and the outburst of Ebola may affect the number of foreign attendees, a steady business amount is expected. SRC Ningbo Ningli Beijing Jinzhaobo Zhejiang Qifeng Handan Ruiqiang Sansega Wuxi Anshida The Hardware show which is closely related to fastener products would be on the first phase of Canton Fair, lasts from 15th Oct. to 19th Oct., 2014. About 50 fastener companies took part in it. www.chinafastener.com noticed that lots of excellent CAS members (what is CAS member?)  exhibited, like Ningbo Ningli, Zhejiang Qifeng, SRC, Shanghai Five Minerals, Handan Ruiqiang, Ningbo Zheli, Sansega ,Beijing Jinzhaobo, Wuxi Anshida etc. Among them, Ningbo Ningli and Shanghai Five Minerals had specially decorated booth which attracted lots of international buyers. Most exhibitors told CFM journalists that there weren’t many visitors in the morning but more and more people came in the afternoon. Generally, they were happy about the visitors flow on the first day and ready to see the opportunity. While our visiting, many fastener exhibitors also concerned a lot about the upcoming Fastener Expo Guangzhou in Nov. which also indicated the increasing popularity of this show. “ We found that the quality of ChinaFastener Magazine and your service gets better and better and we are really looking forward to Fastener Expo Guangzhou.” as was told by one of ourCAS members.
  • 4 powerful shows attracted 14,879 Attendants Vietnam’s Supporting Industries On the Rise!

    4 powerful shows attracted 14,879 Attendants Vietnam’s Supporting Industries On the Rise!

    By Khunnawat Teeranawattanakun| 2014-10-16 00:00:00

    The four powerful shows: "Business Alliance for Supporting Industry," "METALEX Vietnam," "NEPCON Vietnam," and "Industrial Components and Subcontracting Vietnam" have come to a close after 3 successful days of providing the business opportunities to 14,879 attendants at SECC on October 11, 2014. All visitors enjoyed discovering the right technologies they were looking for and networked with the potential business partners while exhibitors were able to generate new sales leads, meet their target customers, and gained new ground to establish their brand awareness. ChinaFastener Magzine, being as one of the most profession fastener media also exhibited in the show and witnessed the splendid event. CFM distributed the latest issue of ChinaFastener Magazine and made propaganda for the powerful CAS members( Certificated Active Suppilers) at scene. Many foreign buyers showed great interest towards CAS members and said that they would make contact later. Booth of CFM (G12) Mr. Duangdej Yuaikwarmdee, Deputy Managing Director and General Manager Vietnam of Reed Tradex Co., Ltd. said that The four powerful shows: “Business Alliance for Supporting Industry,” “METALEX Vietnam,” “NEPCON Vietnam,” and “Industrial Components and Subcontracting Vietnam” have come to a close after 3 successful days of providing the business opportunities to 14,879 delegation are from 29 countries, namely; Australia, Austria, Belgium, Cambodia, China, Czech Republic, France, Germany, Hong Kong, India, Italy, Japan, Korea, Lao, Malaysia, Myanmar, Netherlands, Pakistan, Philippines, Singapore, South Africa, South Korea, Spain, Switzerland, Taiwan, Thailand, United Kingdom, United States and Vietnam. All visitors enjoyed discovering the right technologies they were looking for and networked with the potential business partners while exhibitors were able to generate new sales leads meet their target customers and gained new ground to establish their brand awareness. Knowledge and skills were imparted to active delegates who joined our exclusive activities, including; “Engineer Master Class #3,” was successfully wrapped up with the in-depth knowledge in DFMA skill shared by Assoc. Prof. Dr. Pham Ngoc Tuan, Vice President of HAME. In addition to receiving certificates for their attendance, these participating engineers will now be able to adapt this new knowledge to their working environments to get ready for the upcoming AEC. “Hand Soldering Competition,” finally, the 3rd Hand Soldering Championship in Vietnam is found! The first prize went to Mr. Pham Le Huynh from Artus Vietnam, the first runner-up went to Mr. Dinh Anh Phi from Truong Cao Dang Co Dien Dong Nai Institute and the second prize went to Mr. Vuong Hau Long from Spartronics Vietnam. Congratulations to the champion who will be sponsored by IPC to contend in the World's Hand Soldering Competition in California in 2015. “Koma Taisen World Championship Preliminary in HCMC” this exciting battle were crowded with the visitors who desired to witness the skills and sophisticated technology they can apply to their industry. The winner of this tournament was from Khai Thac Co.,Ltd. and they can go to join “World Championship Sekai Koma Taisen 2015” in Yokohama city, Japan which will be held on 15 February 2015. Exclusive seminar by JETRO, this special seminar was wrapped up with industrialists who have broaden their knowledge on the status of Vietnam’s supporting industries and heat treatment from Mr. Kyoshiro Ichikawa, JETRO Coordinator and Chairman & CEO of I.B.C Vietnam and Mr. Makoto Kondo, Chairman of KD Heat Technology Vietnam. Plus, more and more modern technologies, machinery, suggesting that Vietnamese industries are ready to reach new levels of success and productivity in terms of quality and quantity. We would like to express our gratitude to all attendants, exhibitors, seminar speakers and delegate, press members and supporting organizations for your strong supports and participation that have made these 4 shows a meaningful contribution to the development of Vietnamese industrial community. Mr. Duangdej concluded. Mr. Le Duong Quang, Deputy Minister of Ministry of Industry and Trade said that as Vietnam’s supporting industry will become a major metalworking manufacturing hub in ASEAN, I would like to welcome all the participants to visit METALEX Vietnam and NEPCON Vietnam 2014. These shows are ready to serve the participants with its latest technologies, innovations, know-how and new kind of machinery, so, you will be able to obtain an opportunity to learn and share new experiences in these exhibitions. Mr. Soichi Yoshimura, Executive Vice President of Japan External Trade Organization HQ said that In Japan, it is difficult to buy machine’s accessories, the ratio of Japan economy’s growth is also low so we come to VietNam to expand market Beside, we hope that Japan and Viet Nam’s company can cooperation with each other to promote supporting industry. Mr. Nguyen Tuan, Vice Director of Investment & Trade Promotion Center (ITPC) said that to promote and support the supporting industries in Vietnam, We coordinate with the JETRO HCMC and Reed Tradex to organize “Business Alliance 2014 for Supporting Industry.” This is a good opportunity for the parties to seek new customers, suppliers, and business partners, as well as look for advanced technologies. Mr. Hirokata Yasuzumi, Managing Director of JETRO Ho Chi Minh City said that Vietnam’s metalworking and supporting industries have developed and are growing very fast, attracting foreign companies to invest in the country. Therefore, Vietnamese manufacturers need to upgrade their technology in order to raise the productivity in terms of quality and quantity. This year, we organize “Business Alliance 2014 for Supporting Industry”, which is co-located with “METALEX Vietnam,” “NEPCON Vietnam,” and “Industrial Components & Subcontracting.” This will be the only event where industrialists can upgrade their metalworking and electronics manufacturing with the latest machine tools and solutions as well as enhance their business opportunities by meeting parts buyers from Japan, Thailand, and more. Mr. Atsushi Hisano, Director for Attraction of Foreign Direct Investment in Tokyo, Commerce and Industry Division, Bureau of Industrial and Labor Affairs, Tokyo Metropolitan Government said that Because it is hard for Japanese companies to work alone, Tokyo Motropolitan Government has supported 14 companies so that they can come to Viet Nam to exchange technique and cooperate with Viet Nam company. Viet Nam’s supporting industry is developing more and more so they need modern technique for promoting industry and I think we can help them. Mrs. Pho Nam Phuong, Director of Investment and Trade Promotion Centre said that as JETRO HCMC and ITPC jointly organize “Business Alliance 2014 for Supporting Industry” which is co-located with METALEX Vietnam and NEPCON Vietnam, we hope that Vietnamese and foreign enterprises could get their business developed and expanded from attending these events. I believe that these exhibitions will definitely enhance Vietnam’s supporting industries to upgrade production skill of workforce and quality of materials to compete with global market. Mr. Sotaro Nishikawa, Chief Director of JETRO IBARAKI said that this is my 4th time visiting this show and I can confidently say that the supporting industries in Vietnam are going to be develop more and more in the future. Vietnam will become a potential market to promote the supporting industries. 20 entrepreneurs from Japan joined my visit today. I hope that this exhibition will be a good opportunity for both sides to collaborate in the long run. Mrs. Malinee Harnboonsong, Director of Thai Trade Center, Department of International Trade Promotion, Ministry of Commerce, Royal Thai Government said that today, 50 companies join in the show and 24 companies are engaging in auto, metal, and others industries. In the future, DITP will support this kind of event to connect 2 countries in order to be supported by many foreign trade activities so that 2 countries can interact together. The show is useful to supporting industries in Vietnam because many Thai companies invest here and look for partners in mechanical industry. This show represents a trade platform with bilateral connections to promote stronger relationship between Vietnam and Thailand. Mr. Suthiket Thatpitakkul, Investment Promotion Officer, Senior Professional Level of BOI Unit for Industrial Linkage Development (BUILD), Thailand Board of Investment (BOI) said that I think Vietnam is one of the attractive countries foreign companies should invest in as Vietnam’s supporting industries are growing continuously. Vietnamese manufacturers need to improve their productivity in terms of quality and quantity in order to acquire new customers. Attending METALEX Vietnam and NEPCON Vietnam will help industrialists to meet with business partners and have a good preparation for the upcoming AEC in 2015. Mr. Viroj Sirithanasart, President of Alliance for Supporting Industry Association said that A.S.I.A looks for foreign business partners in order to enhance the supporting industries. Due to the upcoming AEC, I think Vietnamese parts makers will need to use advanced technologies to produce more complex parts. I hope that I would be able to meet with subcontractors and business partners for future business. Mr. Adam See, President of Association of Electronic Industries in Singapore (AEIS) said that the growth in Vietnam’s electronics and supporting industries will be phenomenon over the next few years. Also, Singaporean companies would like to be part of this driving Vietnam’s electronics industry in terms of investments in machinery. Thus, attending NEPCON Vietnam would support and strength the relationship between Vietnamese and Singaporean electronics industries. NEPCON Vietnam will be a great platform where Vietnamese and the regional electronics manufacturers can source for new technologies to enhance their production. Mr. Faizal Izany Mastor, Trade Commissioner of Malaysia External Trade Development Corporation (MATRADE) said that Exhibitions like METALEX Vietnam and NEPCON Vietnam offer both Malaysian and Vietnamese manufacturers a very good chance to form new business partnerships. They can also search for newest technologies to upgrade their productivity. Ms. Grace Chen, Specialist of Taiwan Association of Machinery Industry (TAMI) said that Recently, Vietnam’s supporting industries are rising continuously, affecting Vietnamese manufacturers to keep themselves updated on the developments at all time and to look for new technologies in order to remain competitiveness. I believe these shows are unique platform for industrialists to source for efficient technologies from leading providers, including Taiwan, to upgrade their production. The next edition of “METALEX Vietnam 2015 (MXV)” Vietnam’s International Exhibition on Machine Tools & Metalworking Solutions for Production Upgrade, will be held again during 8 - 10 October 2015 at Saigon Exhibition & Convention Center (SECC) (Phu My Hung) or TT Trien Lam Saigon, Ho Chi Minh City, Vietnam. For more info : www.metalexvietnam.com   
  • China International Hardware Show (CIHS) Grandly Opened

    China International Hardware Show (CIHS) Grandly Opened

    By CFM| 2014-09-19 00:00:00

    On Sep. 18th, China International Hardware Show (CIHS) grandly opened at Shanghai New International Expo Center. ChinaFastener Magazine, being as one of the leading fastener media in China’s fastener industry, exhibited the show (Booth No: F60 and F62)  and distributed its latest issue at scene. The show started in 2001 and was often regarded as Asia’s top trade fair for the entire hardware and DIY sectors offering specialist traders and buyers with a comprehensive category of products and services. This year there are about 3000 hardware enterprises exhibited from home and abroad. And it covered an area of 120,000 square meters. The estimate number of visitors during the three-day exhibition is 50,000. CFM journalist noticed that the participation of fastener companies is less good than the last year influenced by the unfavorable market situation. Only about 80 fastener companies came. Some of the fastener exhibitors are : Fast-Fix, Washen, Jiaxing Chinafar, Sansega, Jiaxing Zhengying, Jiangsu Xinchangjiang, Ningbo ABC, Haiyan Guangda, Haiyan hongmao etc. Fast-Fix Jiaxing Chinafar Jiangsu Washen Haiyan Sansega Jiaxing Zhengying Ningbo ABC Jiangsu Xinchangjiang Haiyan Guangda Sanhewlett

Industry Activities

Raw Materials

Company News

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

Exibition & Association News

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 info@fastenershows.com 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.

Fastener News

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.

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