By CFM| 2015-12-24 00:00:00
By CFM| 2015-11-06 00:00:00
By CFM| 2015-11-03 00:00:00
By CFM| 2015-10-29 00:00:00
By CFM ,2016-01-28 09:32:34
In November 2015, China Chemical Suppliers Committee initiated the statistical analysis of qualified fastener suppliers on the sourcing service platform in Petroleum and Chemical Industry. Based on the company report and the principle of publicity, justice, and impartiality, 18 fastener suppliers were considered as the first batch of qualified enterprises, including Gem-Year, Ningbo Jinding, Haiyan Yuxing, Ningbo Ningli, Ningbo Zhenhai Huazhi, Shandong Tengda, Zhejiang Tongming, and Shanghai PMC, etc.
By CFM ,2016-01-27 09:28:09
According to reliable source, on January 21, 2016, President of People’s Republic of China, Mr. Xi Jinping sent congratulation letter to President of Republic of Indonesia, Mr. Joko Widodo, felicitating the construction commence of Jakarta-Bandung High-speed Railway. At the same date, State Councilor of People’s Republic of China, Mr. Wang Yong presented on site of the Commencement Ceremony, jointly witnessing the start of this high-speed railway project with President Joko Widodo. It was introduced by China Railways Corporation that the overall length of Jakarta-Bandung High-speed Railway reached 150 km, connecting the capital of Indonesia Jakarta and fourth largest city of Indonesia Bandung. The construction of this railway was planned to be finished in 3 years, with the highest speed reached 350 km/h. At the appointed time, the trip taking this high-speed railway would reduce the time needed from over 3 hours to 40 minutes.
By CFM ,2016-01-26 09:27:58
In recent days, Zhongjin Guotai Holding Group Co., Ltd. negotiated several times with Government of Yongnian County of Handan City in Hebei Province (hereafter referred as Yongnian Government) and finally signed the cooperation agreement, which aimed to jointly develop the industrial base of Yongnian’s standard fasteners. Relative investment and plans had already put into place in succession and the project had commenced orderly. According to the plan, this industrial base of standard fasteners in Yongnian County would attract a total investment of 5 billion CNY, taking a total space of 1,000 Mus. Centered on the theme of boosting the standard fastener industry in Yongnian, it was planned to build 3 industrial parks and 4 platforms, including the intelligent logistics park, intelligent machine processing R&D center, business-living service park; the E-commerce trade platform, comprehensive financial service platform, comprehensive foreign trade service park, and the supply train service platform. The two parties also planned to boost 5 to 10 SMEs to list in the Main Board, Alternative Investment Market, and SMEs Board.
By New Equipment ,2016-01-20 09:41:12
Recently, when a Georgia-based wire and cable manufacturer contacted NuStar Inc. for a new way to remove copper reels 6-feet in diameter from a spooling machine using the material handling equipment manufacturer’s electric Extra Duty Power Pusher, which can move 9-ton loads resting on carts with two swivel and two fixed casters. The issue was that the Power Pusher is a rather stout battery-powered tug; the operator is usually about five feet from the wheeled object being moved. “From a safety standpoint, they don’t want people getting too close to these large machines,” says Ryan Blesi, vice president of material handling for NuStar, who personally assisted the client with by providing a customized Extra Duty Power Pusher, a battery-powered tug which allows two operators to move up to 9 tons. “There is increased risk of serious injury or death if operators are forced to come within close proximity of the wire feeding equipment during the loading and unloading procedure.” source: Nu-Star Inc. The solution was to engineer a U-shaped attachment that would clasp onto the backside of the reel. Workers manually engage and disengage the arms’ latches through a linkage system and hand controls, able to pull the behemoth spools backwards without entering the safety danger zone. The client was so pleased, it ordered four of the Super Duty Power Pushers to handle 20,000-lb reels for another facility. This is a win-win for both the client and provider, but most of all, for the workers themselves. The median hourly pay for a material handler is $13, hardly enough to risk being drawn and quartered by machinery. A company who focuses on safety would be able to allay fear of injury or worse, and thus, improve that worker’s mental state. The American Society of Safety Engineers (ASSE) takes the same the position, concluding that “safety and health management programs improve a company's bottom line, including productivity and employee morale.” The Power Pusher has been around since 1971, just a year younger than OSHA itself. It’s origin is rooted more in productivity more than safety. “The main use was pushing disabled automobiles,” says John Adams, vice president of sales and marketing at NuStar. “Rather than taking four or five guys out of the service area earning money for you, you had them pushing a vehicle into the shop.” With the Power Pusher, it took only two: One behind to operate the tug’s throttle and one to steer the car. It wasn’t until the early ’90 that the company realized it had material handling applications, Adams says. The actual body remained largely unchanged, save for a few tweaks. Single-speed controls evolved to variable-speed for more versatility, the 12 V battery has grown to 24 and 36 V for more power, and the steel grip handle has metamorphosed into a more ergonomic butterfly control, similar to a pallet jack. The Power Pusher can be found in virtually any industry, indoor or outdoor, from roller coasters at Disney Land to space shuttles at Cape Canaveral. The trans-axle design provides stable operation throughout. The three different models, standard for up to 4,000 lb and a 3% grade, Extra Duty for 18,000 lb and 5% grade, and the Super Power Pusher for up to 50,000 lb and a 20% grade. The Extra Duty’s gear ratio of 6:1 generates 600 lb of push force to give, while the Super version has a 3:1 ratio with three times the wattage. If you’re worried about pushing a heavy load like a tractor trailer up a large incline with a relatively small tool, that’s understandable. Automatic braking and anti-runaway keep you from getting flattened, assures Blesi. The Power pusher’s biggest safety feature, though, is its communication process with its clients. “Our units are built individually for specific applications,” Adams says. “Each is handled by an engineer to make sure customer is getting the right product.” This has led to potential life-saving changes for one client in the vacuum-packed food industry. In its packaging facility, the rail-guided rolling baskets containing the cans of food would need to be manually pushed into the retort oven, where they would be steamed and pressurized. source: Nu-Star Inc. Anytime a worker enters a confined space that like that, they leave the door open for tragedy. In 2012, a worker at Bumble Bee Foods was accidentally killed in a similar type of oven. That process implemented pallet jacks to handle the baskets and required the worker to enter the space. Here’s the Department of Labor accident report. NuStar helped its client avoid making the same mistakes that Bumble Bee made by making the Power Pusher operation remote controlled. “The person no longer needs to go into the oven,” Adams says. “It became a very needed safety feature.” And safety is more important than ever now, Adams insists. “The safety manager used to be the guy sitting in the back room with a desk full of dust,” Adams continues. “Now he’s become the prominent guy on the floor.” He knows this by dealing with them for the past two decades. In that time, he has noticed that many of the companies who inquire about the Power pusher do so re-actively, not as a preventative measure. That is to say, some poor material handler, making $2 less than fast food workers have recently demanded, just incurred a serious back or shoulder injury. The Power Pusher is the way to keep this from recurring. OSHA advises that you should: Limit the weight of loads so the necessary pushing force is less than 50 pounds. The greater the force that is necessary to push the load, the greater the risk of injury. So while preventing your crew from getting turned into taffy or cooked alive are the more sensational benefits of the Power Pusher, or any similar material handling device, the ability to reduce the more common nagging injuries to backs and shoulders may be its greatest feature. And getting one before worker injuries, not after, may end up not only saving your employee from a lot of pain and surgery, but also will affect your bottom line. “Workman comps claims are extremely expensive,” Blesi reminds. “The cost of our equipment compared to the price of an injury claim, whether it’s the loss of production or medical bills, there’s a dramatic difference. We are much less expensive.”
By CFM ,2015-09-02 11:00:09
Based on the supervision of Ministry of Commerce of People’s Republic of China, it was reported that the price of steel dropped by 0.9% during last week (August 24-30). Within the whole decrease, the prices of hot-rolled sheet and highspeed wire rod declined by 1.3% and 1.2% respectively. In last week, the global financial market had suffered from the Black Monday, which didn’t bring a huge impact on the steel market, due to the monetary adjustment and control policy by China Government. The declining amplitude of steel price showed a continuously narrowing tendency. In consideration of the sluggish demand of steel from downstream enterprises, the merchants should still quicken their shipment. It was estimated that in this week, the steel market will continue its weak consolidation on price with limited decreasing potential.
By Steel First ,2015-04-24 13:35:53
Global output of direct reduced iron (DRI) decreased by 1% year-on-year in March 2015 as production in Libya ground to a halt, according to data released by the World Steel Assn (Worldsteel) this week. World DRI output fell to 5.4 million tonnes year-on-year in March, with output in Libya down by 85% year-on-year to 15,000 tonnes. In the rest of the African region, DRI output in March decreased in Egypt by 15% year-on-year to 225,000 tonnes and increased in South Africa by 10% to 140,000 tonnes. Total DRI output in the Middle East decreased by 1.5% year-on-year in March to 2.2 million tonnes. Output in Iran, the world’s second-largest producer of DRI, decreased by 1% year-on-year to 1.3 million tonnes, while Saudi Arabian and Qatari outputs fell by 3% year-on-year to 460,000 tonnes and 232,000 tonnes, respectively. Meanwhile, production in the UAE increased significantly to 259,000 tonnes, up by 36% from March last year. The biggest DRI producing nation, India, saw its output increase by 4% year-on-year to 1.7 million tonnes. In the Americas, Venezuela showed a year-on-year increase in volume, more than doubling its DRI production to 190,000 tonnes from 79,000 tonnes, while Canada’s output grew by 12% to 138,000 tonnes. March DRI output fell by 23% year-on-year in Trinidad and Tobago, to 145,000 tonnes, and by 3% in Mexico, to 525,000 tonnes. The data in the report covers the 13 countries that accounted for about 89% of total world DRI production in 2013.
By CAN-ENG ,2016-01-29 09:14:33
Mr. Michael Klauck, President of CAN-ENG Furnaces International Limited, is pleased to announce the following organizational changes regarding CAN-ENG Furnaces' management team. Mr. Tim Donofrio has been promoted to the role of Vice President, Sales, CAN-ENG Furnaces International Limited. Mr. Donofrio has held progressively responsible roles with CAN-ENG Furnaces over his 17 year tenure, most recently as Vice President, Aluminum and Mesh Belt Equipment. Tim Donofrio has a proven track record developing and executing comprehensive sales plans in his work on these furnace product lines. His leadership skills and vision are well suited to lead CAN-ENG Furnaces’ sales team and continue to develop our product offering with innovative, flexible and cost effective heat treatment solutions. Tim will have overall responsibility for CAN-ENG Furnaces’ Sales Department. He can be reached at [email protected] Mr. Joe Saliba has accepted the position of Sales Manager, CAN-ENG Furnaces International Limited. Mr. Saliba joined CAN-ENG in 2003 and has worked in progressively responsible roles, most recently as CAN-ENG’s Parts and Service Sales Manager and New Business Development Manager. He has acquired a strong foundation in all aspects of CAN-ENG equipment and customer base. As Sales Manager, he will continue to offer creative and innovative solutions to complex heat treating challenges across all CAN-ENG product lines. He can be reached at [email protected] Mr. Scott Cumming has been promoted to the position of Parts and Service Sales Manager. Mr. Cumming joined CAN-ENG Furnaces International Limited as a Technical Furnace Specialist in 2013 and has developed a sound understanding of CAN-ENG Furnaces International Limited’s Products and Services. He can be reached [email protected]
By Auto News ,2016-01-27 09:22:43
Illinois Tool Works said it agreed to pay $450 million for the engineered fasteners and components business of German automotive supplier ZF TRW. The deal is expected to close by the end of June. "We are fortunate to be selling this business to a highly respected expert in the development and supply of fasteners and components that is seeking to grow their worldwide business," ZF TRW CEO Franz Kleiner said in a statement. ZF said in the statement that the fasteners business is "successful and profitable," but the company wants to focus on growing its core businesses in advanced safety, efficiency, electrification and the further development of automated driving. ZF Friedrichshafen AG completed its acquisition of TRW Automotive Holdings Corp. last year. “We felt like for Illinois Tool Works, this is more of a core business on their side than our side,” ZF spokesman John Wilkerson said. ITW said it intends to run the fasteners and components business as a standalone division within its automotive segment, the statement said. Since late 2012, Glenview, Ill.-based ITW, which makes everything from auto and food equipment to beverage packaging, has been shedding units it says operate in “commoditized markets,” and thus have limited growth prospects. In 2013 and 2014, ITW sold 32 businesses representing $4.90 billion in revenue, according to a company investor presentation from December. The company expects to “exit” businesses worth another $350 million between 2014 and the end of this year. As it sold units, the company hoped to boost the organic growth of its existing businesses and make only “highly selective strategic acquisitions,” the investor presentation says. ZF TRW's fasteners and components business apparently fit the bill. The unit “will be a highly complementary addition to ITW's (automotive) segment that will broaden our ability to serve our customers and further expand our long-term organic growth potential,” ITW Executive Vice President Sundaram Nagarajan said in a statement. ITW last announced an acquisition in July 2013, according to its website. ITW is expected to discuss the deal in greater detail Jan. 27, when it reports fourth-quarter and full-year 2015 financial results. Like other industrial firms, the company is grappling with the slowing global economy and lower commodity prices that are hurting a number of its customers.
By CFM ,2016-01-07 09:25:51
Recently, Hangzhou Fastener Industry Chamber of Commerce was awarded as the “The Normatively Constructed & Demonstrated Chamber of Commerce of Zhejiang Federation of Industry & Commerce”, which gave great affirmation and inspiration to Hangzhou Fastener Chamber. It was learned that in Zhejiang Province, only 27 Chambers of Commerce has gained this award, among which there were only 3 Chambers of Commerce in Hangzhou. Among 10 Fastener Industry Chambers or Associations, the Hangzhou Fastener Industry Chamber of Commerce is the only one that gained this award.
By NIFMSE ,2015-11-27 09:26:32
-Acquisition Adds New ManufacturingEnd-Marketto the Emerald Portfolio - SAN JUANCAPISTRANO, Calif. – November 12, 2015 – Emerald Expositions, LLC(“Emerald”),a leadingbusiness-to-business tradeshow and conference producer, today announced itsacquisitionof the NationalIndustrial Fastener & Mill SupplyExpo (“FastenerExpo”) from JimBannister and Mike McGuire, the show’sco-owners.From the first FastenerExpo thirty-fiveyears ago, this event has brought together manufacturers and distributors ofindustrial fasteners, precision formed parts, fastener machinery &tooling, and otherrelatedproducts and services with distributors and sales agents in the distribution chain.The 2015 event took place recently at theSands Expo &Convention Center, LasVegas and featured an all-dayconference programpresented by endorsingfastener associations, ashow floorwith morethan 600 exhibitingcompanies from 20 countries, and buyersfrom 38 nations aroundthe world. “Fastener Expo is an attractive entrypoint forus into the industrials sector andbroadens ourend market exposureand opportunities,” said David Loechner,Chief Executive Officerof EmeraldExpositions. “FastenerExpo aligns perfectlywith the criteriawe look forin acquiring newevents – strongunderlying marketfundamentals, a“must-attend” event witha clearleadership position,experiencedand high quality management,andan event that will benefit from the managementand infrastructureof the Emeraldorganization.” “Ourrecent showwas the largest and strongest eventever, with over 100 newexhibiting companies,”noted Mike McGuire. “Emerald’sscale and expertise shouldhelp take this show to even greater heightsfor bothexhibitors and attendees.” To ensure a seamless transition,Jim Bannister, who has operated theshow sinceits inception, will provideconsultingservices to Emerald and willsupport Susan Hurley, who will continue to manage the event from her central Ohiooffice, nowas Show Director forEmerald. - more- “I’m delighted that theNationalIndustrial Fastener &Mill Supply Expowill continue to grow and thrive under thestewardship of Emerald Expositions,” saidJim. “Tosee how far this show hasevolved over thepastthree decades has been amazing, and based onrecent attendancetrends, the futureof theevent is verybright.” Corporate Solutions ofWestport, Connecticut was the exclusive advisor to the sellers in arranging, structuring andnegotiatingthis transaction. Thefinancial terms of the transactionwerenot disclosed. # # # About Emerald Expositions Emerald Expositions is aleadingoperator of largebusiness-to-business tradeshows in the UnitedStates, producing morethan 80 tradeshowsand conference events peryear, connecting hundredsof thousands of buyers and sellers across ten diversified end-markets, includingGift, HomeandGeneral Merchandise; Sports & Apparel;Design;Jewelry,Luxury,and Antiques; e-commerce;Creative Services; Healthcare; Military;Licensing;and Food. Emerald is headquartered in San Juan Capistrano, CA. The company’s shows aretypically the most prominent andimportant forexhibitors and attendees within their various industries. For more information on Emerald, pleasevisit www.emeraldexpositions.com For further information:Emerald Expositions: Philip Evans, Chief FinancialOfficer949.226.5714 [email protected]
By MDM ,2016-01-28 09:24:41
Canadian manufacturing sales increased 1 percent to C$50.8 billion (US$34.8 billion) in November, led by higher motor vehicle sales in Ontario, according to Statistics Canada. These gains were partially offset by declines in sales of other transportation equipment, primary metals and petroleum and coal products. In constant dollar terms, sales were up 1 percent, indicating that a higher volume of manufactured goods were sold. Motor vehicle sales rose 3.8 percent in November, the sixth increase in seven months. Sales rose 18 percent compared to November 2014. The increases in motor vehicle sales were largely the result of increases in the value of the vehicles assembled in Canada. According to the Industrial Product Price Index, the price of motor vehicles rose 12.8 percent in the 12 months ending in November. Motor vehicle parts manufacturers benefited from the increased activity in the motor vehicle assembly industry. Sales of motor vehicle parts rose 2.6 percent in November, the fourth gain in five months. Production of aerospace products and parts rose 11.5 percent in November as widespread gains were reported in the industry. The gains reflected in part a rise in the value of the U.S. dollar relative to the Canadian dollar in the month. For the three months ending in November, aerospace production was 7.6 percent lower than in the three months ending in August. Sales of miscellaneous manufactured goods rose 5.8 percent, following three months of lower sales. Year-to-date sales in the industry were up 7 percent while prices rose 2.3 percent year over year. Electrical equipment, appliance and component manufacturers reported a 6.5 percent increase in sales – the highest level reported by the industry since February 2014. However, year-to-date sales were 1.6 percent lower year-over-year. Partially offsetting the gains were lower sales in the other transportation equipment, primary metal and petroleum and coal product industries. Sales of other transportation equipment fell 18.8 percent, the third decline in four months. Month-over-month price declines were recorded by the Industrial Product Price Index for the primary metal (-2.1 percent) and petroleum and coal product (-0.5 percent) industries. Sales in Ontario grew 1.5 percent, the second consecutive gain, as motor vehicle manufacturers increased the value of their output by shifting production to higher-end and/or redesigned models. Motor vehicle parts sales rose 2.7 percent. Gains in Ontario were more widespread than the rest of the country, with higher sales reported in 18 of 21 industries, representing more than 90 percent of the sector in the province. Notably, sales of both primary metals and petroleum and coal products rose in Ontario, despite the fact that those industries posted two of the larger national declines in November. Manufacturing sales in Ontario were 4.9 percent higher than in November 2014. On a year-to-date basis, sales in Ontario were 1.6 percent higher in 2015 compared with the same period in 2014. This largely reflected weaker auto sales at the beginning of the year, which were due to retooling at motor vehicle assembly plants. Following four months of decline, sales in Quebec rose 1.2 percent in November, reflecting increased production of aerospace products and parts. Unlike Ontario, manufacturing in Quebec did not experienced sustained gains from January to November 2015. As such, year-to-date sales were 0.8 percent lower than for the same period in 2014, while sales in November 2015 were 0.9 percent lower than in November 2014. Manitoba manufacturers reported a 4.9 percent increase in sales on the strength of a 42 percent gain in the machinery industry. Machinery sales tend to be more volatile than overall manufacturing sales in the province. Sales in Manitoba increased for the fifth time in seven months and were at their highest level since December 2014. A 4.1 percent decrease in sales in New Brunswick partially offset the increases. Manufacturing sales in the province have recorded 6 declines in 11 months and were at their lowest level since October 2009. Total manufacturing inventories remained at C$73.3 billion (US$50.2 billion) in November, as higher inventories of transportation equipment, and petroleum and coal products were offset by lower inventories of primary metals and machinery. In each of the 21 industries, inventory levels moved by less than 2 percent. Inventory levels were 3.1 percent higher than in November 2014. The inventory-to-sales ratio fell from 1.46 in October to 1.44 in November. The inventory-to-sales ratio measures the time, in months, that would be required to exhaust inventories if sales were to remain at their current level. Unfilled orders fell for the 9th time in 10 months, down 0.3 percent to C$93.3 billion (US$67 billion) in November. The decline reflected widespread decreases in orders in the fabricated metal product and railroad rolling stock industries. New orders rose 3.5 percent as a result of an increase in the aerospace product and parts industry.
By CFM ,2015-12-24 00:00:00
On Dec. 10, 2015, organized by China Fastener Industry Association, the 28th edition of National Economy Trade & Technology Conference for Fastener was successfully closed in Nanchang City, Jiangxi Province, China, attracting near 500 fastener enterprises from every corner of China to attend this meeting. According to the conference agenda, the first half of the conference was the plenary report. Special Counselor of China General Machine Components Industry Association, Mr. Du Guosen extended the keynote speech on the topic of “Report of the Economic Operation of China General Machine Component Industry Association”. According to the report, the entire running of Fastener Industry was comparatively steady. It was estimated that the export value would be around 4.8 Billion CNY, while the import value would be 15% dropped. Mr. Du mentioned that domestic demand growth of Fastener Industry would depend on the development of High-speed Rail, Wind Electricity, Automobile, Aerospace, Construction, etc. Mr. Du Guosen from CMCA Division Chief of China Council for the Promotion of International Trade (CCPIT), Mr. Chen Huaisheng indicated in his report “The Report of China’s Foreign Trade Situation and the Strategy for Fastener Industry to Deal with Trade Friction” that in this year, China’s Foreign Trade would confront with a much complicated and severe situation than 2014, undertaking a greater pressure of economic downturn. Mr. Chen Huaisheng from CCPIT Customs Statistics showed that in the period of January to December, the import & export value of China reached 3,226.96 Billion USD, 8.5% decreased over the corresponding period in 2014. Among the entire value, the value of export reached 1,856.45 Billion USD, 2.5% decreased over that of last year; the value of import reached 1,372.52 Billion USD, 15.7% decreased. Internationally, the export situation of China is better than most of the main economic entites and emerging countries in the world, 0.6 % increased on the basis of 12.4% in 2014. In addition, Mr. Chen Huaisheng gave reminders of the possible legal risk for the fastener enterprises walking out in the aspects of high anti-dumping duty, intellectual property rights dispute, and product safety, etc. President of CFIA, Mr. Feng Jinyao indicated in the report “Analysis of Fastener Industry at Present” that in the past five years, the increasing rate averagely of Fastener Industry was 3.4%; within which, China’s fasteners had the total volume reached 7.3 Million Tons, taking 43% of production in the world, and the sales taken 12.5% of the total value in the world. Four goals were also proposed for Fastener Industry by Mr. Feng in his speech when laying down the 13th Five-year Plan—to control the total volume of production when improving the efficiency and quality; to lift up the industrial concentration degree; to improve the capability of self-innovation and mating & assisting; to develop Internet + and Industry 4.0. Mr. Feng Jinyao from CFIA In the second half of the conference, Counselor of CFIA and Specialist on material, Mr. Shen Deshan introduced in detail three aspects—the problem of production capability and quality of cold forming steel; the new technology and products related to cold forming steel; and the expectation and ideas for Fastener Industry in 2016. Mr. Shen Deshan from CFIA In the segment of enterprises interaction, invited representatives of fastener enterprises shared experience and thought with all the attendees. They were Ningbo Sijin, GPYH.com, Jiashan Litian, Landnok Lubritech, and Messe Düsseldorf (Shanghai) Co, Ltd. (MDS).
The National Industrial Fastener & Mill Supply Expo, which was held in Las Vegas during Oct. 22 to Oct. 23, had closed with striking success. During the two-day exhibition, the NIFMSE brought exhibitors and visitors onsite with numerous business opportunities, which fact evoked the enthusiasm of development among comrades in the fastener industry. Appearing on site of NIFMSE, Journalist from ChinaFastener.com followed to report the whole event. Booth of ChinaFastener Magazine 1551 Based on the conversation with Susan Hurley, CEM & General Manager of the organizer of this expo, the NIFMSE attracted 646 fastener enterprises from every corner of the world, leveling of that of last year. 2241China’s fastener enterprises attending this expo had reached to 122, which were mainly from the Haiyan and Ningbo Areas in China. The organizer of NIFMSE has specially arranged exhibition areas for Haiyan fastener enterprises and the companies who are in the line of machinery and tooling. Products for exhibition covered a range of fasteners, machinery & equipments, and wires, etc. Onsite, there were technological lectures providing for every attendee, which was one of the reasons for the fiery situation of NIFMSE. For exhibitors, NIFMSE provided a platform for them to find numerous business opportunities. Ningbo Fastener Factory FastFix Shanghai Rivet EMG Haiyan Hystron Haiyan Guangda Technical Stamping(Shanghai) Jinan Star Jiaxing Excellent Zhejiang Saite Zhejiang Sansega Beijing Jinzhaobo Haiyan Fujian Qifeng Precision Jiangsu Washen BSC Hangzhou Lizhan Port Lixin Yuyao Xintai Jiaxing Zhengying Suzhou Younike Jingjiang Hengfeng Based on the learning from part of the distributors at NIFMSE, about 90% of them would like to have the information about the China’s fastener enterprises since they are interested in finding premium fastener suppliers in China. But other distributors considered fasteners originated from China were of low-tech, which were not suitable to apply them in high-tech market of USA and Europe, ect. Fastener enterprises in China still had a long way to go before they capture the chance to high-end market. Ameican market remains as a great cake for fastener enterorises in China, though USA implied anti-dumping measures against China’s fasteners. According to the statistics. China annual exports over 450 thousands tons of fasteners to USA with a total value of over 0.8 Billion.
On Oct. 12, as the annual grand fair in Asia, the 2015 Five Regions Fastener Association Conference was successfully held in HK. Approximately 240 entrepreneurs in fastener industry of Mainland China, Hong Kong, Taiwan, Korea and Japan attended this conference. As the invited media partner in the field of fasteners, ChinaFastener.com followed to report this conference. Based on the introduction by Mr. Lin Zhiming, President of Hong Kong Screw & Fastener Council, there were 191 fastener enterprises participating in this conference, among which there were 39 enterprises from Mainland China, 65 enterprises from Hong Kong, 41 from Taiwan, 16 from Korea and 30 from Japan. Simultaneous interpretation in different languages was provided for entrepreneurs to better understand the speeches of representatives from different regions. Mr. Lin Zhiming, President of Hong Kong Screw & Fastener Council According to the conference agenda, the conference was organized in two halves, which was in a large degree different from the former editions. The first half was held in the morning and the second half was arranged in the afternoon. “The extension of the schedule would provide attendee with enough time to communicate for the sake of mutual improvement and development as well as attracting more entrepreneurs to attend this conference.” said President Lin Zhiming. The first half of the conference began after the opening ceremony declared by President Lin Zhiming. Mr. Godfrey Leung King-kwok, Under Secretary for Commerce and Economic Development of HKSAR, was invited as an honorable guest to deliver the welcome speech. Later, Chairmen or presidents from Korean Federation of Fasteners Industry Cooperative, The Fasteners Institute of Japan, China General Machine Components Industry Association, Taiwan Industrial Fastener Institute extended speeches respectively and orderly. Orderly from the left side, they are Mr. Auh Jin-Sun from Korean Federation of Fasteners Industry Cooperative, Mr. Masaki Aizawa from The Fasteners Institute of Japan, Mr. Yang Xuetong from China General Machine Components Industry Association, Mr. Anchor T. H. Chang from Taiwan Industrial Fastener Institute. The organizer also invited a specialist in fastener industry, Dr. h. c. Mathias Liewald from Institute for Metal Forming Technology of University of Stuttgart to give a technical speech on the conference with the topic of Industry 4.0 in Cold Forming/Forging Processes. His speech was highly evaluated by the attendees. Dr. h. c. Mathias Liewald Q & A Section In the second half, entrepreneur representatives from different regions were invited to give theme speeches. Learned by CFM Journalist, these speeches were highly evaluated by attendees since these speeches gave them great inspiration of development direction in the future. Speaker Title Speech Kim Hong-Keun President of Dreamtec., Inc. and Professor of Hoseo University Trend of Fastener Industry Yoshikazu Oiso Managing Director of The Fasteners Institute of Japan Technical Trend of the Fastener Industry in Japan Yang Junfeng CEO of ChinaFastener.com INTERNET + Changes to Fastener Industry Chen Ching Ming Deputy CEO of Metal Industries Research & Development Centre Technology Upgrading Model of the Taiwan Fastener Industry Tsui Ping Kwong & Jennifer Tsui Permanent Honorable Chairman of the Hong Kong Screw & Fastener Council//General Manager od Shing Hing Industrial Limited Heritage of Family Business and Sustainable Development in the Fastener Industry Orderly from the left side they are Mr. Kim Hong-Keun, Mr. Yoshikazu Oiso, Mr. Yang Junfeng, Mr. Chen Ching Ming, and Tsuis Ping Kwong & Jennifer Tsui At the closing of this conference, President Lin Zhiming announced that Korean Federation of Fasteners Industry Cooperative would be the organizer of the next edition of Five Regions Fastener Industry Association Conference. Representing the whole Korean Delegation, Mr. Auh Jin-Sun invited fastener entrepreneurs onsite to attend the 2016 Five Regions Fastener Industry Association Conference with enthusiasm.
Metalex Vietnam 2015 welcomed its exhibition which lasted for three days since October 8, 2015 in Ho Chi Minh City. As a media partner, ChinaFastener.com demonstrated the latest issue (18th) of ChinaFastener Magazine to onsite visitors and exhibitors at the booth G30. ChinaFastener.com Organized by Reed Tradex Company, Metalex Vietnam is one of the METALEX series regarding metal products. It is held not only in Ho Chi Minh City of Vietnam, but also Bangkok, Thailand. In this year, the Metalex Vietnam was exhibited in SECC (TT Tiren Lam Saigon) with two exhibition Halls—A1 and A2. Products for exhibition consisted of the Factory Automation, Molds and Dies, Foundry, Sheeting Metalworking, Tools and Tooling, Surface Treatment, Pump & Valves and relative Solutions and Technologies. Lectures regarding manufacturing were provided on site of Metalex Vietnam 2015. Though with limited scale, it attracted parts of the specialists to attend the lectures. Besides the entrepreneurs from Vietnam, exhibitors from Japan took a large share of the total number; following were Thailand, Korea, Mainland China, Taiwan, and Singapore. Less than 10 fastener enterprises were discovered in this show, which were basically the Japanese and Korean companies. Through communication, these fastener enterprises clearly expressed to CFM Journalist that they had plans to attend the Fastener Expo Shanghai next year. It was learned by CFM Journalist that what many fastener purchasers concerned is that whether they can find distributors and agents of fasteners originated from China. Reason for their concerned is that most of these purchasers are traders or end users of fasteners. With limited possibility to direct import of fasteners, they would like to find fasteners locally. China Pavilion Japan Pavilion Taiwan Pavilion Thailand Pavilion Based on analysis, Vietnam is one of the large demand sources of locomotives fasteners, electronic fasteners, furniture fasteners and construction fasteners. Basically, the locomotives and electronic fasteners are imported from Japan and Korea. China’s fastener enterprises own a large share of providing furniture fasteners. The demand of Machinery and Construction fasteners from Vietnam is expected to grow significantly in the future. With the advantages of low labor costs and land costs as well as the great potential of growth in manufacturing industry, Vietnam is estimated to attract a higher potential of investment. To establish a subsidiary or factory in Vietnam should be a big plus for fastener enterprises to increase their international competitiveness in the line.
The 18th edition of M-Tech Osaka declared open on October 7, 2015 at INTEX OSAKA in Japan, starting its three-day exhibition. Simultaneously, there were another four exhibitions held at the same place—the 18th DMS OSAKA, the 2nd METAL OSAKA, the 3rd PLASTIC OSAKA and the 3rd FilmTech OSAKA. As a media partner of M-Tech Osaka, ChinaFastener.com attended this grand fair with the latest issue of ChinaFastener Magazine, witnessing the fiery scenery on site. Based on the data collected by CFM Journalist, the overall number of exhibitors reached to 1,100 with 940 of which were local Japanese entrepreneurs. Overseas exhibitors included entrepreneurs from Mainland China, Taiwan, Korea and Thailand, etc. The numbers of these overseas exhibitors were 47, 40, 19 and 17 respectively. ChinaFastener Magazine at M-Tech Osaka Officially announced by the organizer, the number of visitors totaled 11,000 in the first day of exhibition. Among all the visitors, most of them were Technicians in the fields of Design & Research, Manufacturing, IT, and Production Management; QA Inspectors; Purchasing Staffs; Enterprises Operators; and Sales Representatives. Onsite communication with local Japanese entrepreneurs, CFM Journalist learned that Japanese enterprises would procure Bolts and Nuts from China when there were fewer requirements of the techniques and quality. By contrary, when it came to the high-tech and high-quality fasteners, Japanese enterprises inclined to purchases fasteners from local Japanese companies. Sluggish economy, depreciate currency and fluctuate exchange rate were parts of the reasons that obstructed the Japanese enterprises to import fasteners from China. In 2010, the Yen-Yuan exchange rates were 13.1:1 and in this year, the exchange rates turned into 18.3:1. To expand the overseas market, premium export-oriented fastener enterprises from China also attended this grand fair. Parts of these exhibitors were Chinafar, Ningbo ABC, Zhejiang Zhoushan Zhengyuan, Zhejiang Lianxiang, Haiyan Yuxing, Ningbo Jinding, Ningbo Chenglong, Haiyan Tongcheng, Hangzhou Spring Washer, Ningbo Qunli, Grand Industrial, Dongtai City Chirui, and Wuxi S-Fix, etc. Chinafar Ningbo ABC Zhejiang Zhoushan Zhengyuan Zhejiang Lianxiang CFIA & Haiyan Yuxing Ningbo Jinding Ningbo Chenglong Haiyan Tongcheng Hangzhou Spring Washer Ningbo Qunli Grand Industrial Dongtai City Chirui Wuxi S-Fix
In the morning of September 17, 2015, the Indo Fastener 2015 declared open in the Jakarta International Expo, Kemayoran, Indonesia, concurrently held with another fair—Indonesia International Auto Parts, Accessories and Equip Exhibition. As a media partner of Indo Fastener, CFM attended this fair as a witness at the Booth B3-Q20. On site of Jakarta International Expo, it was calculated by the organizer-- PT Wahana Kemalaniaga Makmur (WAKENI) that there were over 100 exhibitors who were mainly from Asia Countries and Areas, such as China, Taiwan, Korea, and Indonesia. Based on the situation on the ground, fastener purchasers were mainly from Indonesia, Malaysia, Singapore and other Southeast Asian Countries, while a small part of them were from Europe, for example, UK. The purchasers from Indonesia inclined to purchase Bolts, such as Hex Head Bolts, High Strength Fasteners, and Furniture Screws. Due to the anti-dumping against China’s certain iron or steel fasteners, European purchasers can source a few kind of fasteners from China, which directly led to the decreasing orders to Chinese fastener enterprises from Europe and as well caused a strike to local European enterprises. The number of exhibitors from China multiplied over that of last year. Though being impact by the global economy, anti-dumping cases against China’s fasteners, and the transformation trend in fastener industry in China, China’s fastener enterprises positively seek to develop new overseas markets. How to achieve the market innovation and break-through is now the main problem putting in front of these fastener entrepreneurs. It was a great honor for CFM Journalist to witness the mien of fastener exhibitors onsite. The representatives of these premium fastener enterprises, mainly China fastener enterprises, included Foshan Sailuk, BSC, XLing, Zhenhai Huazhi, Jiaxing Xinxing, Handan Ruiqiang, Dongguan Dmscrew, Jiaxing Risen, Shanghai Kingpluse, Microgleit, Boito, KPF, Techfast, Changde Yufeng, Changzhou Wujin and Wuxi Anshida, etc. Foshan Sailuk BSC Suzhou XinLing Ningbo Zhenhai Huazhi Jiaxing Xingxin Handan Ruiqiang Dongguan Dmscrew Shanghai Kingpluse Microgleit Boito KPF Techfast Changde Yufeng Changzhou Wujin Wuxi Anshida
On July 10, organized by Hong Kong Screw & Fastener Council, the third seminar on “designing advanced fastener dies” was closed with favorable results in Shenzhen City. It attracted near 85 enterprise representatives from fastener industry to attend this seminar. As the appointed media, CFM followed to report the whole event. Mr. Lin Zhiming, President of HKSFC introduced the goal and schedules of this seminar. Due to the harsh competition in fastener industry and higher requirement of relative fastener products, to design suitable dies for fasteners shall be one of the crucial sessions to produce high-end fasteners. Two specialists in fastener industry were invited to share with attendees their knowledge and experience. CEO of CPM Company, Dr. Gerhard Hermann Arfmann spoke on the topic of how to apply FEA to realize the advanced design of process and die. Another honored speaker is Mrs. Zhang Liping from Shanghai Chun Zu Machinery Industry Co., Ltd. who shared on the topic of the new destination to design extruding and cold-heading dies. Dr. Gerhard Hermann Arfmann from CPM Mrs. Zhang Liping from Shanghai Chun Zu Machinery Industry Co., Ltd. On site of the seminar, speakers and attendees interacted in harmony and enthusiastic atmosphere. CFM Journalist gained information about the next seminar. It was announced by HKSFC that the next edition would be on discussing the e-platings. Secretariat of HKSFC would publish details of the fourth seminar later.