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  • The 5th Face to Face ChinaFastener Purchasing Meeting closed in a success on June 21

    The 5th Face to Face ChinaFastener Purchasing Meeting closed in a success on June 21

    By Ivan Su| 2018-06-21 00:00:00

    The 5th Face to Face ChinaFastener Purchasing Meeting was jointly held by Chinafastener.com and Fastener Expo Shanghai on the second day as a concurrent event of the exhibition. Near 30 professional purchasers and 150 high-quality fastener suppliers in China was invited to meet at a specially-built meeting room for discussion and communication. The purchasers included some globally well-known distributors, such as Bossard, Wurth, Fastenal, Reyher and other famous companies. The organizer also invited India Fastener Association to take part in the meeting.Bossard FastenalWurthRehyerIndia Fastener AssociationThe Meeting was divided into three parts and lasted from 9:30 a.m. to 15:30 p.m. All purchasers and suppliers were following the guidance of the organizer to meeting and communicate in order. Most of purchasers said that they were satisfied with the Meeting and the suppliers. They have made their decisions to cooperate with some of the suppliers and they will make formal cooperation agreement after the Meeting. The buyers said that the Meeting save their time in finding their target suppliers. Face to Face ChinaFastener Purchasing Meeting has been successfully held for 5 sessions. It is a cost-efficiency and time-efficiency purchasing activity, which provides convenience for purchasers to find suitable suppliers for target fasteners efficiently.About ChinaFastener.comChinaFastener.com is an excellent B2B platform and a well-known media company in China for fastener industry. It aims at providing a platform for purchasers and suppliers to communicate and cooperate with each other. The company publishes a semi-annual magazine called ChinaFastener Magazine, which is released in many international exhibitions, such as Fastener Expo Shanghai, Fastener Fair USA, M-tech Nagoya, etc.About Fastener Expo ShanghaiFastener Expo Shanghai 2018, jointly hosted by ITE Asia Exhibitions Limited and Shanghai ITE Ebseek Exhibition Co., Ltd., was held at the National Exhibition & Convention Center (Shanghai) from June 20 - 22, 2018. As the largest and most influential fastener exhibition in Asia, the show covers all aspects within fastener industry such as various fastener products, equipment and related technology that vividly represents the entire industry. Exhibiting products included non-standard components, fasteners for industrial application, fastener manufacturing technology and equipment, mould and consumables for fasteners, raw materials, and even related supporting products and techniques. Fastener Expo Shanghai 2019 will be hosted during June 26-28 at National Exhibition and Convention Center (Shanghai).
  • Fastener Expo Shanghai 2018 kicked off on June 20, 2018 at National Exhibition and Convention Center (Shanghai)

    Fastener Expo Shanghai 2018 kicked off on June 20, 2018 at National Exhibition and Convention Center (Shanghai)

    By Ivan Su| 2018-06-20 00:00:00

    The 9th Fastener Expo Shanghai 2018 kicked off on June 20 at National Exhibition and Convention Center (Shanghai), a new venue different from last edition. As the official media, ChinaFastener.com took part in the exhibition (Booth 3A616 and Booth 2A820) with the latest issue of ChinaFastener Magazine to bring the first-hand news of one of the top three largest fastener exhibitions in the world. The edition this year attracted near 600 exhibitors highlighting their high-quality products and service, including Jiangsu Washen, Zhejiang Xinchun, Yuyao Xintai, Ningbo ABC, Foshan Kuiloon, Dongguan Donglong, Wafios, FIXDEX FASTENING, Shanghai Rivet, Suzhou New Metallography, Ningbo Ningli, Dongguan Sanhewlett, Shenzhen Manjun, Wenzhou Kaixu, Relia Hardware, Zhejiang Showstrong, Yuyao Biao'er, Zhejiang Morgen Brother, Handan Fuqiang, Kinfast Hardware, Xin Chang Jiang, Hangzhou Lizhan, Pinghu Kangyuan, Jiashan Xueyu, Jiaxing Zhengying, Jiaxing ChinaFar, Wenzhou Fengding, Dongtai Qinbiao, Wenzhou Jinsheng, Zhejiang Bullet, Uni-Protech Fasteners, Zhejiang Sansega, Jiaxing Xingxin, Jiangsu Yagu, Jiaxing Yuxiang, Zhenhai Huazhi, Zhejiang Ansheng, Shanghai Fast-Fix, Hebei Chengzhi, Jiaxing Port Lixin, Foshan Sailuk, Zhejiang Zhongbiao, Suzhou YNK, Foshan City Guangqingchang, Ningbo Aohan, etc.Exhibited products covered machines, standard products, non-standard fastener, molds and dies, etc.  It's no doubt that the exhibition was a celebration of China fastener industry again in June. Hatebur & Carlo Salvi, one of the most famous companies in hot and cold massive forming also exhibited at the expo with a huge well-decorated booth. The exhibition attrached plenty of professional purchasers from all over the world, such as Germany, Russia, Japan, South Korea, the USA, India, etc. What's more, the 5th Face to Face ChinaFastener Purchasing Meeting was jointly held by Chinafastener.com and Fastener Expo Shanghai on the second day as a concurrent event of the exhibition. Near 30 professional purchasers and 300 high-quality fastener suppliers in China was invited to meet at a specially-built meeting room for discussion and communication. The purchasers included some globally well-known distributors, such as Bossard, Wurth, Fastenal, Reyher and other famous companies. The organizer also invited India Fastener Association to take part in the meeting. Another great concurrent event was ChinaFastener Summit held on the same day of the Purchasing Meeting at Le Méridien Shanghai, Minhang by Luosi.com and ChinaFastener.com. Three professionals in fastener industry were invited to the Summit to give a speech respectively based on the theme of "Intelligent Practice and Development Trends in the Fastener Industry". Near 300 China fastener companies' leaders attended the Summit to hear the speeches and to discuss the development tendency of fastener industry in China.The expo continued to meet the development needs of this ever changing industry, it went on to reach new record high. Fastener Expo Shanghai 2019 will be held on June 26-28, 2019 at National Exhibition and Convention Center (Shanghai).Hatebur & Carlo SalviJiangsu WashenZhejiang XinchunNingbo ABCKinFast HardwareDongtai QBFoshan SailukJiaxing ChinaFarShenzhen ManjunYuyao XintaiHandan RuiqiangZhejiang BulletWenzhou JinshengWafiosFoshan KuiloonSuzhou YNKWenzhou FengdingHandan FuqiangSuzhou New MetallographyJiashan XueyuYuyao Biao'er
  • Fastener Expo Shanghai 2018, Asia’s Leading Trade Fair for Fastener Industry, will take place on June 20-22

    Fastener Expo Shanghai 2018, Asia’s Leading Trade Fair for Fastener Industry, will take place on June 20-22

    By CFM| 2018-05-18 00:00:00

    Fastener Expo Shanghai 2018, Asia’s Leading Trade Fair for Fastener Industry will come to its 9th edition on June 20-22, 2018 at National Exhibition & Convention Center (Shanghai), co-sponsored by ITE Asia Exhibitions Limited and Shanghai ITE Ebseek Exhibition Co.,Ltd. The number of exhibitors will be around 800 with expecting number of professional visitors more than 28000. The exhibition will cover an area of 60,000 sqm. As we can see in the 2017 Expo, 742 exhibitors coming from 13 countries / regions including Belgium, France, Germany, Israel, Italy, Japan, South Korea, Netherland, UK, USA, China, Hong Kong and Taiwan region.Themes such as "advanced manufacturing", "high-tech materials" and "close link to End-user" are to be the main focus, with the aim to drive the next take-off of the fastener industry. During the exhibition, some concurrent activities will take place. For example, Face to Face ChinaFastener Purchasing Meeting will held on June 21, 2018 at the same venue of the exhibition, organized by ChinaFastener.com. The Meeting will provide a platform for purchasers and suppliers to communicate.China Fastener Summit will be held on the same day of the Meeting. At the meeting, several professionals from the fastener industry will show up as speakers to make speeches based on the theme "The Pratice and Development Trend of Intelligentization in Fastener Industry". More than 300 Chinese companies leaders will take part in the show.Here are parts of the other Onsite Conference & Activities, High performance fastener in typical mounting applications, Latest development in vehicle light weight designing, Solutions for fastener installation fault and malfunction, Latest surface finishing treatments and its impact on the properties of fasteners, New bolt loosen prevention technique in transmission and distribution tower construction, Computer aid engineering simulation technology in fastener heat treatment, Bearing capacity of new chemical anchor bolt and its application in construction, Anti-seismic fastener and its application in high building construction.There will be several theme zones, including Taiwan Group Pavilion, Haiyan Group Pavilion, Jiashan Group Pavilion, Pinghu Group Pavilion, Automotive Fastener Pavilion, Stainless-steel Fastener Pavilion.Background:With the adjustment and transformation of the industrial structure gaining momentum in China, China's fastener industry currently presentsboth opportunity as well as challenge. At the forefront of industry development, Fastener Expo Shanghai, Asia’s largest and the world’s most influentialtrade show in fastener industry, has not only been catering to emerging markets in China and abroad, but also providing an excellent platform for fastenersuppliers from worldwide to gain access to these regions.Scope of Exhibits:1) Fastener and FixingIncluding Standard fasteners, Non-standard fasteners, Stamping and lathe parts, variousfasteners for specific applications;2) Fastener Manufacturing EquipmentIncluding Fastener manufacturing equipment, fastener materials, molds and consumables,testing equipment, packaging equipment and other related production technology and equipment.Parts of the Exhibitors:Jagular Industry Ltd., TaiwanZhejiang Dongrui Machinery Industry Co.,Ltd.Suzhou Jinyuan Fastener Co., Ltd.SRC METAL (Shanghai) Co., Ltd.Shanghai Changbiao Hardware Mechanical Co.,Ltd.Anchor Fasteners Industrial Co.,Ltd.Zhejiang Sanlin Metals Products Co.,Ltd.Haiyan Hongmao Hardware Products Co., Ltd.Wenzhou Fengding Fastener Manu. Co., Ltd.Dongguan KAO-MENG Machinery Co.,Ltd.Ningbo Swikuo Machinery Co.,Ltd.Changshu standard factorySuzhou YNK Fastener Co., Ltd.RIVET Precision Hardware Manufacturing Co., Ltd.Carlo SalviFischer Instrumentation Ltd. HiayanJingbeeing Metal Products Co.,Ltd.Tainan Chinchang Electrical Co., Ltd.Jia Shan San Yung Electric Furnace Industry Co., Ltd.SUMON Industrial (Jiashan) Co., Ltd.Tainan Chinchang Electrical Co., Ltd.JiashanSanyung Electric Furnace Industry Co., Ltd.Suzhou New Best Wire Tech Co., Ltd.Wuxi Aotian Steel Wire Products Co.,Ltd .……Online pre-registrationBenefits:1) Have the chance to upgrade as VIP2) No need for queuing3) 1 Free Show Catalogue4) Participate in all concurrent events5) Get an exhibition souvenirLink: http://shen.fastenerexpo.cn/site/viewer06Contact us:ITE Asia Exhibitions Limited、Shanghai ITE Ebseek Exhibition Co.,Ltd.Mrs:Wendy WeiTEL:+86 21-6180 6789 ext 860Email:Wendy.wei@ite-asia.comLink: http://shen.fastenerexpo.cn/site/viewer06
  • The 5th Face to Face ChinaFastener Purchasing Meeting is about to kick off on June 21

    The 5th Face to Face ChinaFastener Purchasing Meeting is about to kick off on June 21

    By CFM| 2018-05-11 00:00:00

    ChinaFastener.com, the most excellent B2B platform for fastener industry is organizing the 5th Face to Face ChinaFastener Purchasing Meeting which will be held at National Exhibition & Convention Center (Shanghai) on 21, June, 2018. The Meeting is one concurrent event of Fastener Expo Shanghai 2018, the biggest fastener expo in Asia. The Meeting has been successfully held for 4 sessions. It aims to provide one communication and cooperation platform for the purchasers and suppliers in fastener industry, confirmed by the organizing committee of the exhibition.ChinaFastener.com will help to accurately match the urgent order of international purchasers in advance so these purchasers can communicate with suppliers face-to-face during the meeting to find excellent suppliers for target fasteners efficiently.Face to Face ChinaFastener Purchasing Meeting is an innovative business communication model which is totally different from the traditional meetings. This is a cost-efficiency and time-efficiency purchasing activity. Taking this chance of high gathering of suppliers, we sincerely invite you to join in the meeting!If you are interested in participating in the meeting, please send your urgent order information to buyer@chinafastener.com before 30 May 2018. The first 30 purchasers have the chance to be offered 2-night specified hotel for free!If you have any question or need further assistance, please feel free to contact us atEmail:   buyer@chinafastener.comTel:     86-20-82270680Skype: live:buyer_186

Industry Activities

By CFM ,2018-06-05 00:00:00

Near 30 professional purchasers from all over the world has confirmed their presence at the 5th Face to Face ChinaFastener Purchasing Meeting on June 21, 2018. These purchasers would like to source for fastener making machines, bolts, nuts, washers, rivets, etc. Face to Face ChinaFastener Purchasing Meeting is  organized by ChinaFastener.com and Fastener Expo Shanghai, as a concurrent activity of Fastener Expo Shanghai 2018 which will be held from June 20-22, 2018 at National Exhibition & Convention Center (Shanghai).The Meeting is an innovative business communication model which is totally different from the traditional meetings and has been successfully held for 4 sessions. This is a cost-efficiency and time-efficiency purchasing activity. The organizer will help to accurately match purchasers' urgent orders in advance so that purchasers can communicate with suppliers face-to-face during the meeting to find the right suppliers for target fasteners efficiently.If you are interested in participating in the meeting, please send your urgent order information to buyer@chinafastener.com before June 8, 2018. Join the meeting NOW! Seat Limited! For more information of the Meeting, please visit http://ftf.chinafastener.com/en If you have any question or need further assistance, please feel free to contact  at Email: buyer@chinafastener.com About ChinaFastener.comChinaFastener.com is an excellent B2B platform and a well-known media company in China for fastener industry. It aims at providing a platform for purchasers and suppliers to communicate and cooperate with each other. The company publishes a semi-annual magazine called ChinaFastener Magazine, which is released in many international exhibitions, such as Fastener Expo Shanghai, Fastener Fair USA, M-tech Nagoya, etc.About Fastener Expo ShanghaiFastener Expo Shanghai 2018, jointly hosted by ITE Asia Exhibitions Limited and Shanghai ITE Ebseek Exhibition Co., Ltd., will be held at the National Exhibition & Convention Center (Shanghai) from June 20 - 22, 2018. As the largest and most influential fastener exhibition in Asia, the show covers all aspects within fastener industry such as various fastener products, equipment and related technology that vividly represents the entire industry. Exhibiting products include non-standard components, fasteners for industrial application, fastener manufacturing technology and equipment, mould and consumables for fasteners, raw materials, and even related supporting products and techniques.

By CFM ,2018-05-11 00:00:00

ChinaFastener.com, the most excellent B2B platform for fastener industry is organizing the 5th Face to Face ChinaFastener Purchasing Meeting which will be held at National Exhibition & Convention Center (Shanghai) on 21, June, 2018. The Meeting is one concurrent event of Fastener Expo Shanghai 2018, the biggest fastener expo in Asia. The Meeting has been successfully held for 4 sessions. It aims to provide one communication and cooperation platform for the purchasers and suppliers in fastener industry, confirmed by the organizing committee of the exhibition.ChinaFastener.com will help to accurately match the urgent order of international purchasers in advance so these purchasers can communicate with suppliers face-to-face during the meeting to find excellent suppliers for target fasteners efficiently.Face to Face ChinaFastener Purchasing Meeting is an innovative business communication model which is totally different from the traditional meetings. This is a cost-efficiency and time-efficiency purchasing activity. Taking this chance of high gathering of suppliers, we sincerely invite you to join in the meeting!If you are interested in participating in the meeting, please send your urgent order information to buyer@chinafastener.com before 30 May 2018. The first 30 purchasers have the chance to be offered 2-night specified hotel for free!If you have any question or need further assistance, please feel free to contact us atEmail:   buyer@chinafastener.comTel:     86-20-82270680Skype: live:buyer_186

By CFM ,2018-05-02 00:00:00

The Next issue of ChinaFastener Magazine will be a special issue with a special column, Fastener Machine, Dies and Molds Suppliers. In the column, there will be lists of high-quality machine and dies suppliers, interviews, news and analysis of fastener machine and dies markets.The following suppliers of machine and dies have confirmed their participation in the issue.Machine suppliers:1) WAFIOS(Shanghai)Machinery Co.,Ltd.WAFIOS Umformtechnik GmbH is among the leading manufacturers of innovative machine technology and tools for cold and warm forming with traditional brands like HILGELAND, KIESERLING, NUTAP and MRP.www.wafios.chinafastener.com2) Foshan Kuiloon Metal Products Co., Ltd.Foshan Kuiloon Metal Products Co., Ltd. is a professional company in manufacturing stainless steel tableware fittings like screws, nuts, rivets, wahsers, and various kinds of machines, such as bolt former, thread rolling machine,www.kuiloon.chinafastener.com3) Zhejiang Eyason Intelligent Technology Co., LtdZhejiang Eyason Intelligent Technology Co., Ltd is a high-tech enterprise located in Rui'an Luofeng Northern Industrial Zone. We are specialized in research and development, production, sales and service for the visual sorting and inspection machines.www.eyason.chinafastener.comDies Suppliers1) Dongguan Donglong Metal Mold Machinery Co., LTDDonglong Metal Mould Machinery Co., Ltd was founded in Dongguan City in 1998. It has been dedicated in developing and manufacturing cold forging screw toolings and selling screw machine.www.donglong.chinafastener.comMachine & Dies Suppliers1) Sheen Tzar Co., LtdSheen Tzar Co. specializes in R&D and manufacturing of high-speed self-drilling screw forming machines and dies for 28 years. We welcome those who manufacture and are about to make self-drilling & self-tapping screws to place orders for desired machines, dies, heading dies and thread dies.www.sheentzar.chinafastener.com.......The lists of suppliers will be updated continuously. Welcome to read the magazine online, download or subscribe to it for the more suppliers: www.chinafastener.com/magazine Tel: 86-20-82270680Fax: 86-20-62824820Email: editor@chinafastener.com

Raw Materials

By CFM ,2018-03-30 09:19:17

On Mar. 29, 2018 Spring Reception of Fastener Industry Association of Guangdong Province was held at Foshang Luhu Interntanional Convention Center. A total of 500 people in China attended the Reception including experts, suppliers, distributors, materials suppliers, purchasing agents, fastener making machines suppliers, representatives of associations and media companies in China fastener industry.On the afternoon, the guests brought their product samples and brochures to displayed their companies before the official meeting. The official meeting began at 5:00 p.m., with the speech of Mr. Chen Jutian, president of Fastener Industry Association of Guangdong Province. He expressed his ideas in the development of fastener industry. He said, the development and popularity of the Internet and E-commerce brought new opportunities to fastener industry. However, fastener industry is somewhat different from other industries. He hoped all fastener companies could keep developing new products and technologies to upgrade their companies.Mr. Chen JutianFollowing the speech of Mr. Chen, Yao Haiguang, executive vice-president of CHINA GENERAL MACHINE COMPONENTS INDUSTRY ASSOCIATION (CMCA) and Mr. Yu Ruyong from CMCA-China Fastener Industry Association addressed the conference.Mr. Yao HaiguangMr. Yu RuyongDuring the conference, the association awarded prizes to new members. Mr. Yang Junfeng, chairman of Chinafastener.com presented prizes to the members. With the theme of "Discussing about new future of fastener industry", the conference aimed at gather industrial workers to discuss about the topic together to make a better future for fastener industry in Guangdong.

By Cheang Ming ,2018-03-13 13:15:38

Recent tariffs on U.S. steel imports will likely hurt some Asian steel producers more than others, according to Nomura.Smaller South Korean companies are expected to be hit harder than their larger counterparts while Japanwill probably experience minor impact after U.S. President Donald Trump last week signed off on tariffs of 25 percent on steel imports, analysts from the research firm said in a note.Smaller Korean steel companies are likely to be more negatively affected than bigger players due to the level of exposure they have to the U.S."Due to the series of anti-dumping and countervailing duty orders imposed in the past couple of years, Posco has reduced U.S. exports significantly, and the U.S. currently represents less than 1 percent of its carbon sales volumes," Nomura analysts Cindy Park, Yoon Ki Kim and Yuji Matsumoto said in a Friday note. Posco is the largest steel producer in South Korea.For Hyundai Steel, another large Korean steel manufacturer, the U.S. represents around 5 percent of total sales volume."A more visible impact will likely be centered around companies such as Seah Steel, Husteel and Nexteel, which have much higher U.S. exposures," the analysts wrote.Japan is also expected to see limited direct impact, given how just 1.8 percent of its crude steel production and 1.5 percent of steel product output last year were exported to the U.S., according to Nomura.Those views were similar to what was expressed by ratings agency Moody's in a note last week, when it noted that the direct impact of tariffs would be moderate on Korean steelmakers, to low on other Asian countries.South Korea and Japan are the third and seventh largest sources of U.S. steel imports, according to a 2017 U.S. Department of Commerce report — they are also the two largest sources of U.S. steel imports from Asia.Nomura's research, which considers steel imports from the European Union collectively, ranks South Korea and Japan as the overall fourth and eighth largest sources of U.S. steel imports, respectively.Steel producers in the region traded higher on Monday, recovering from losses recorded in the last session. The Topix Iron & Steel index rose 1.54 percent by midday trade, with Nippon Steel and Sumitomo Metal up 2.3 percent and JFE Holdings higher by 0.53 percent.Elsewhere, South Korea's Posco and Hyundai Steel were up 2.9 percent and 1.96 percent, respectively.Source: CNBC

Company News

By Bossard ,2018-07-16 09:03:42

The Bossard Group continues its high-level growth. In the second quarter, the Group posted an impressive 15.1 percent sales growth to CHF 225.9 million after 10.9 percent in the first quarter. Sales in the first half of 2018 rose by 13.0 percent to CHF 446.3 million. This boost in performance reflects the high growth in sales across all three market regions: Europe, America and Asia. The results for the first half of 2018 also underscore once more the profitability-oriented growth strategy that Bossard is following: Excluding last year’s extraordinary income of CHF 4,5 million net from a real-estate sale, net income in the first half of 2018 rose an impressive 20.4 percent to a new record high of CHF 49.0 million.Business in Europe accounted for about 58 percent of total sales in the first half of the year and contributed substantially to the above-average performance. In Europe, the Bossard Group boosted sales by 16.7 percent to CHF 260.5 million (+10.4 percent in local currency). In the second quarter of 2018, growth dynamics kept trending upward with a gain of 18.7 percent to CHF 128.4 million (+12.8 percent in local currency). Bossard’s development in all major markets has contributed significantly to the Group's strong performance.The America business posted strong gains in the first half of the year as well. Sales rose by 4.5 percent to CHF 119.5 million, which translated into an even higher 7.7 percent in local currency. The strong trend for the America business continued in the second quarter: Sales rose by 7.0 percent to CHF 61.4 million, the equivalent of 9.0 percent in local currency. This growth is broad-based across the entire customer base.In Asia, the investments made in past years to expand the distribution network continue to pay off. Sales in the first half of the year grew by a healthy 15.3 percent to CHF 66.3 million (+11.8 percent in local currency). The second quarter figures also reflect high demand in this region of the world, as evidenced by the 17.6 percent increase in sales to CHF 36.1 million (+14.0 percent in local currency). China, the most important market in Asia, was a major contributor to this substantial increase.The Bossard Group’s high sales growth overall drove yet another marked increase in net income. The results, excluding last year’s extraordinary income of CHF 4,5 million net from a real-estate sale, once again demonstrate that Bossard’s profitability-oriented strategy is on the right track. On a comparable basis, net income rose by 20,4 percent to a new record high of CHF 49.0 million.Bossard will publish the detailed semi-annual report 2018 on August 22, 2018.Source: https://www.bossard.com/zh/about-us/news-and-press-releases/2018/07/first-half-of-2018-results.aspx

By Tommy Andersson ,2018-07-16 00:00:00

Very strong growth.SECOND QUARTER· Net sales amounted to SEK 810 (708) million, an increase of 14.5% on the same period last year.· Operating earnings (EBIT) totalled SEK 57 (57) million, equating to an operating margin of 7.1% (7.9).· Earnings after tax amounted to SEK 40 (39) million.· Order bookings amounted to SEK 855 (765) million, an increase of 11.7% on the same period last year.· Cash flow from operating activities totalled SEK 54 (37) million.· Earnings per share were SEK 1.99 (2.01).Bulten was awarded the Jaguar Land Rover Global Supplier Excellence Award.Bulten AB:s (publ) Board of Directors has elected Anders Nyström as the new President and CEO from 8 February 2019.JANUARY – JUNE· Net sales amounted to SEK 1,663 (1,486) million, an increase of 11.9% on the same period last year.· Operating earnings (EBIT) totalled SEK 124 (120) million, equating to an operating margin of 7.4% (8.0).· Earnings after tax amounted to SEK 88 (90) million.· Order bookings amounted to SEK 1,634 (1,485) million, an increase of 10.0% on the same period last year.· Cash flow from operating activities totalled SEK 80 (35) million.· Earnings per share were SEK 4.42 (4.60).· Net debt amounted to MSEK 118 (net cash balance 3) million and the equity/assets ratio was 66.0% (69.4) at the end of the period.SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIODThe Board has decided to utilize the authorization given at the Annual General Meeting 26 April 2018 concerning the decision on acquisition of own shares.CEO’S COMMENTS"Very strong growth during the second quarter with increased net sales and order bookings of 14.5% and 11.7% respectively. Growth is primarily being driven by ramp-up in previously communicated contracts, but also by good demand in Bulten’s customer segments.Operating earnings were in line with the corresponding quarter last year, though with a lower operating margin. The lower operating margin is attributable to higher global market prices for steel and other metals as well as an uneven rate of production due to ramp-up in new models during the quarter, and the fact that last year was positively affected by a recovered claim. The negative effects on the operating earnings has however partly been balanced out by positive exchange rate fluctuations.The financial position remains strong and our scope increased during the quarter, with a new long-term financing agreement to secure future growth. Bulten has long-standing contracts with customers and a strong position on the market, and we are well equipped to meet higher demand for our products and the increased rate of investment.During the quarter, Bulten won another prestigious automotive industry prize: the Jaguar Land Rover Global Supplier Excellence Award – Something we are very proud of.”Tommy Andersson, President and CEOAbout BultenBulten is one of the leading suppliers of fasteners to the international automotive industry. The company’s product range includes everything from customer-specific standard products to customized special fasteners. The company also provides technical development, line-feeding, logistics, material and production expertise. Bulten offers a Full Service Provider concept or parts thereof. The company was founded in 1873, has some 1,400 employees in eight countries and head office in Gothenburg. Source: http://www.bulten.com/Media/Cision-press-release-item-ENG?id=9764043F63C67E3C

Exibition & Association News

By KRZYSZTOF IMIOŁCZYK ,2018-07-17 00:00:00

Until the inauguration of the second edition of FASTENER POLAND® International Trade Fair for Fastener and Fixing Technology, three months remain. The event will be held on October 16-18 at EXPO Krakow, Poland. Every day, new companies are added to the list of Exhibitors. Almost 80% of the exhibition space is already reserved!The Trade Fair promises to be very interesting - besides domestic producers and distributors, the participation has already been confirmed by the companies from Germany, Italy, the Czech Republic, Spain, France, Turkey, the United Kingdom, India, the United States, Taiwan and China. During the Trade Fair, among others, the most modern fasteners and industrial fasteners (from screws, to nuts, pins and wedges), building connectors (anchors, concrete screws, fixing of facades and insulation). New products will be more: advanced assembly and installation systems as well as fastener production technologies and devices for their storage and distribution.A rich accompanying programParticipants of the Trade Fair will be able to take part in the 2nd Fasteners Congress, organized by ELAMED Media Group, the publisher of the FASTENER magazine. Speakers will be the greatest authorities in the industry. They will present the latest solutions in the use and application of fasteners and present specialized tools. The FASTENER POLAND® Trade Fair will take place simultaneously with the 9th International Fair of Composite Materials, Technologies and Products KOMPOZYT-EXPO® and the 8th Exhibition of Industrial Subcontracting. The thematic scope of the Exhibition has been expanded to include services for representatives of the fasteners industry, especially in terms of galvanizing and applying protective coatings on fasteners, in order to protect them from corrosion, to give them better quality and visual features.The offer is made to measureThe organizers prepared a comprehensive offer for interested companies. You can choose between fully equipped standard stands, higher premium standard and exhibition space, for your own arrangement. There are not a lot of free places left, so do not hesitate to make a decision about participation. Detailed information is available at www.fastenerpoland.pl.

By Ivan Su ,2018-06-21 00:00:00

The 5th Face to Face ChinaFastener Purchasing Meeting was jointly held by Chinafastener.com and Fastener Expo Shanghai on the second day as a concurrent event of the exhibition. Near 30 professional purchasers and 150 high-quality fastener suppliers in China was invited to meet at a specially-built meeting room for discussion and communication. The purchasers included some globally well-known distributors, such as Bossard, Wurth, Fastenal, Reyher and other famous companies. The organizer also invited India Fastener Association to take part in the meeting.Bossard FastenalWurthRehyerIndia Fastener AssociationThe Meeting was divided into three parts and lasted from 9:30 a.m. to 15:30 p.m. All purchasers and suppliers were following the guidance of the organizer to meeting and communicate in order. Most of purchasers said that they were satisfied with the Meeting and the suppliers. They have made their decisions to cooperate with some of the suppliers and they will make formal cooperation agreement after the Meeting. The buyers said that the Meeting save their time in finding their target suppliers. Face to Face ChinaFastener Purchasing Meeting has been successfully held for 5 sessions. It is a cost-efficiency and time-efficiency purchasing activity, which provides convenience for purchasers to find suitable suppliers for target fasteners efficiently.About ChinaFastener.comChinaFastener.com is an excellent B2B platform and a well-known media company in China for fastener industry. It aims at providing a platform for purchasers and suppliers to communicate and cooperate with each other. The company publishes a semi-annual magazine called ChinaFastener Magazine, which is released in many international exhibitions, such as Fastener Expo Shanghai, Fastener Fair USA, M-tech Nagoya, etc.About Fastener Expo ShanghaiFastener Expo Shanghai 2018, jointly hosted by ITE Asia Exhibitions Limited and Shanghai ITE Ebseek Exhibition Co., Ltd., was held at the National Exhibition & Convention Center (Shanghai) from June 20 - 22, 2018. As the largest and most influential fastener exhibition in Asia, the show covers all aspects within fastener industry such as various fastener products, equipment and related technology that vividly represents the entire industry. Exhibiting products included non-standard components, fasteners for industrial application, fastener manufacturing technology and equipment, mould and consumables for fasteners, raw materials, and even related supporting products and techniques. Fastener Expo Shanghai 2019 will be hosted during June 26-28 at National Exhibition and Convention Center (Shanghai).

Fastener News

By Optimas ,2018-07-06 00:00:00

Optimas OE Solutions Holdings, Inc. LLC announced in June the acquisition of the US-based Circle Bolt & Nut Co., Inc. (CBN) located in Kingston, PA. “We are pleased to have Circle Bolt & Nut join our team. We are convinced that this is the right investment for Optimas to expand beyond our current base of business,” stated Anesa Chaibi, Chief Executive Officer. The acquisition supports the Optimas growth strategy into product adjacencies and enhanced MRO capabilities.Jim Castellino, CBN President & CEO, added, “I’m very excited for our company to become a part of the Optimas family. Together we will be able to provide exceptional value to our customers.” As a premier supplier of a wide variety of parts and components, CBN services Original Equipment Manufacturers and Maintenance Repair Operating needs of industrial companies by providing Vendor Managed Programs that utilize state of the art technology. “Circle Nut & Bolt enables Optimas to accelerate our expansion into small and medium sized accounts,” said Christian Wiltrout, President, Americas.The transaction also diversifies the portfolio of Optimas customers across multiple industries. “The addition of Circle Bolt & Nut to our Optimas family is another positive step forward in accelerating the execution of our growth strategy and company transformation,” stated Anesa Chaibi.About Optimas OE Solutions Holdings, LLC (“OPTIMAS”)Optimas is a leading, global provider of integrated supply chain solutions and engineering support focused on delivering highly engineered custom fasteners and other “C” Class components, such as fittings, clamps, bearings, and rivets, to our global customer base of large, industrial companies as well as small and medium-sized companies. Optimas specializes in the delivery of highly engineered fastener hardware and components across multiple industries and continents.About Circle Bolt & Nut Co., Inc.Circle Bolt & Nut Co., Inc. is an international supplier of fasteners, specialty hardware, and value added services with worldwide sourcing and distribution capabilities. Since 1979, CBN has grown from one facility in Northeast Pennsylvania to national coverage through seven full service branches and other satellite warehouse and service locations.Source: Optimas OE Solutions Holdings, Inc. LLC

By ,2018-04-23 00:00:00

Reed Exhibitions Japan Ltd., the largest trade show organizer in Japan announced that Manufacturing World Japan 2018is coming back at Tokyo Big Sight from June 20 - 22, 2018 with the largest scale in its history. It is world’s leading trade showfor the manufacturing industry.Held with the Largest Scale Ever!According to the huge supports from manufacturing industry of Japan and all around the world, the number of exhibitors in 2018 is expected to reach 2,580. This figure is the largest ever in the history ofManufacturing World Japan. The number of visitors is expected to be 90,000and they will pack the show floor during 3 days show period. From the survey of visitor pre-registration, motivation of visitors for purchasing from exhibitors is extremely high.All kinds of Industrial Subcontracting & Motion Technologies (Bearings/Motors, FA Technologies, Springs, CNC Turned/Milled Parts, etc.), Industrial IT Solutions (CAD, CAM, Industrial IoT/AI & 3D Printers, etc.), Medical Device Design & Development (Medical parts/Electronic Components, Medical Materials, etc.), 3D and Virtual Reality technologies and solutions are gathering.More International Exhibitors - Great Meeting Platform for Global Business!The number of international exhibitors of 2018show is expected to be 420. This is also the largest number in Manufacturing WorldJapan’s history.Huge Number of Major Companies are Exhibiting!Many major companies from all around the world are exhibiting in Manufacturing World Japan 2018.They are unveiling the world’s latest or world’s cutting-edge technologies/solutions/products which are “must-see” for all professionals working in manufacturing industry. Don’t miss this opportunity to catch up the world’s latest solutions for manufacturing!Keynote & Special Sessions – Industry leaders address their latest topicsKeynote & Special Sessions will be held as the concurrent events of trade show. Top industry leaders from global leading companies such as MAZDA MOTOR, NEC, OMRON, HONDA MOTOR, HITACHI, FUJITEC, STRATASYS, DESKTOP METAL, NISSAN MOTOR, OLYMPUS, UNIVERSITY OF TOKYO etc. will reveal their latest topics for manufacturing innovation, IoT technology, smart factory, IT strategy for manufacturing industry,etc. 11,718 attendees in 2017 show.<Bilingual Keynote Session (V-K)> English & Japanese-Alfonso E. Albaisa, Senior Vice President, Nissan Motor Co., Ltd.- Susumu Tachi, Ph.D., Professor Emeritus, The University of Tokyo- Michitaka Hirose, Dr., Professor, Graduate School of Information Science and Technology,The University of Tokyo<Bilingual Special Session (D-S2)> English & Japanese- Hiroaki Katayama, President & CEO, Stratasys Japan Co., Ltd.- RicFulop, CEO and Co-founder, Desktop Metal, Inc.Information of Manufacturing World Japan 2018- 2,580* exhibitors, 90,000* visitors (*expected figures) -Dates: June 20 (Wed) - 22 (Fri), 2018Venue: Tokyo Big Sight, JapanOfficial website: http://www.japan-mfg.jp/en/tokyo/For Visitors (FREE)Exhibition Ticket Request: http://www.japan-mfg.jp/en/tokyo/inv/VIP Ticket Request: http://www.japan-mfg.jp/en/vip/Group Visit (For More than 6 persons): http://www.japan-mfg.jp/en/inv_group/----Contact-------------------------------------------------------Organiser: Reed Exhibitions Japan Ltd.Manufacturing World Show ManagementErika Suzuki (Ms.)TEL: +81-3-3349-8506mailto:mfg-japan@reedexpo.co.jp-----------------------------------------------------------------

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