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  • 28th edition of National Fastener Economy & Trade and Technology Conference Successfully Held in Nanchang

    28th edition of National Fastener Economy & Trade and Technology Conference Successfully Held in Nanchang

    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).
  • Last Professional Fastener Show of 2015: Fastener Expo Guangzhou Ended with Striking Success

    Last Professional Fastener Show of 2015: Fastener Expo Guangzhou Ended with Striking Success

    By CFM| 2015-11-06 00:00:00

    As the last professional fastener exhibition of 2015, Fastener Expo Guangzhou declared open on Nov. 1, welcoming every comrade in the fastener industry. Organized by Guangzhou Ebseek Exhibition Co., Ltd, Fastener Expo Guangzhou was a three-day exhibition during Nov. 1-3, held at Poly World Trade Expo Center, Guangzhou (No.1000, Xingang East Road, Haizhu District, Guangzhou City, China). Appointed as the media partner, ChinaFastener.com (CFM) followed to report this grand fair. “We have organized a series of exhibitions naming Fastener Expo. Fastener Expo Shanghai should be the most influential one, since it is now one of the top three exhibitions in the field of fastener industry. Fastener Expo Guangzhou ranks in the second place. This is the third edition of Fastener Expo Guangzhou. We are expecting a greater potential of Fastener Expo Guangzhou.” Manager of Guangzhou Ebseek Exhibition, Mr. Wang Yanbo told CFM Journalist. On the first day of Fastener Expo Guangzhou, there collected a large crowd of merchants, including 181 enterprises whom took 371 booths, and 6824 visitors. Comparing with that of last edition, the number of exhibitors and visitors increased by -3.2% and 15.13% respectively. Though the number of exhibitors dropped slightly, the number of booth taking by these enterprises was 14.15% increased. 286 overseas visitors were recorded to be from countries such as Germany, Japan, Korea, etc. On the site of Fastener Expo Guangzhou, visitors were numerous as it could be seen. In every lane of the exhibition, there crowded hundreds of visitors.   Two special lectures regarding fastener technology and how fastener industry could embrace the Internet and E-commerce were arranged in the conference room onsite. Representatives from Pearl Delta River Region Fastener Technician Association, CEO of Luosi.com and General Manager of www.gpyh.com were invited.   Lecture One Mr. Yang Junfeng, CEO of Luosi.com Mr. Chen Huagen, GM of GPYH.com Part of the exhibitors extended great enthusiasm when CFM Journalist came to their booths and made interview. Different sorts of responses were received. Based on their responses, they considered that Fastener Expo Guangzhou was a good channel to display their products. However, influenced by the harsh commerce situation globally, the number of purchasers on site who extended purchasing wills declined, comparing with that of the past editions. Following was the pictures of part of the exhibitors receiving the interview.   Yuyao Xintai   Foshan Sailuk Rivet   Jiangshu Washen   Zhongshan General Screw   Jiaxing Chinafar   Shanghai King Fastening   Wenzhou Shengnan   Shanghai Chengtai   Dongguan Demeng Hardware   Jiangsu Yagu   Suzhou XLing   Wenzhou Fengding   Yi Bao Metal   Jieyang 66   Foshan Guangqingchang   Boito   Cixi Jinggeng   Dongguan Xinxin For more information, please browse http://gzcn.fastenerexpo.cn/
  • CFM at Buildtech, Seeking New Chance in Malaysia

    CFM at Buildtech, Seeking New Chance in Malaysia

    By CFM| 2015-11-03 00:00:00

    During Oct. 7—10, 2015, Buildtech 2015 was successfully held at Kuala Lumpur, Malaysia. On the morning of Oct. 8, Deputy Minister of Ministry of International Trade and Industry of Malaysia in person directed the opening ceremony of Buildtech 2015, promoting the atmosphere to the peak. ChinaFastener.com was invited as the media partner to attend this exhibition, displaying the 18th edition of ChinaFastener Magazine at the booth 2052. ChinaFastener Magazine ChinaFastener.com Buildtech 2015, fully named as Malaysia International Building Materials and Construction Technology Exhibition, was an exhibition regarding building materials, construction, infrastructure and other sort of buildings. The organizer of this exhibition, ITE Company recently had announced the comprehensive strategic cooperation with Shanghai Ebseek Exhibition Co., Ltd, which is the organizer of Fastener Expo Shanghai and Guangzhou. The products covered a range of exterior trim materials, indoor decoration materials, stone materials, Machinery, etc. Malaysian Exhibitors Chinese & Korean Exhibitors Singapore Exhibitors Learned from the organizer, the exhibitors totaled a number of near 60. Besides the local exhibitors of Malaysia, most of the overseas exhibitors were from Mainland China, Taiwan, Korea, and Singapore. But among all of the exhibitors, only one enterprise from China was a fastener enterprise. Visitors consisted of the staff from architecture colleges, technicians from machinery industry and other businessmen who would like to know more about Buildtech. During the exhibition, CFM Journalist was informed that the number of visitors and exhibitors in the field of fasteners declined. On one hand, it was due to the time conflict with M-Tech Osaka. On the other hand, Buildtech was an exhibition mainly for building and construction. Less of its concern was put into the attraction of fastener exhibitors and visitors. Part of these purchasers had imported fasteners by using their accounts on www.chinafastener.com. Impacted by the stagnant economic situation globally, the import of fastener from China was considered costly than directly sourcing fastener in Malaysia by the purchasers from Local Malaysia and Southeast Asia.
  • CFM at Korea Metal Week, First Hand Report

    CFM at Korea Metal Week, First Hand Report

    By CFM| 2015-10-29 00:00:00

    Held in Korea International Exhibition Center (KINTEX), the Korea Metal Week is a key event for the machinery industry professionals, which event was arranged during Oct. 28 to Oct. 31. It’s aiming to bring in advanced metal technologies and equipments to meet the huge demand of Korean changing machinery market. ChinaFastener Magazine flied to Greater Seoul, Korea to follow this event for every comrade in the fastener industry (Booth: 2a198). ChinaFastener.com ChinaFastener Magazine   Korea Metal Week 2015 comprises eight well-organized fairs integrating all metal production technologies such as Fastener & Wire Korea, Die Casting & Foundry Korea, Automobile & Machine Parts Korea, Press & Forging Korea, Tube & Pipe Korea, Metal Surface Treatment & Painting Korea, 3D Printing and the new show, Aluminum Korea and Technology Korea held under the same canopy. Taking a total space of 14,706 square meter, Korea Metal Week attracted 350 exhibitors from over 20 countries such as Local Korea, Mainland China, Germany, USA, Thailand, India, France, etc. Visitors were mainly from local Korean areas and other regions of Asia.   It was learned by CFM Journalist that the Automobile & Machine Parts Korea attracted a large share of exhibitors, reaching around to 130. As for the Fastener & Wire Korea, 86 exhibitors attended this exhibition. Among it, there were 41 Chinese fastener enterprises appeared onsite, 26 increased comparing with that of last year. These Chinese fastener enterprises included Sansega, Jiaxing Chinafar, Shanghai Rivet, Handan Ruiqiang, Wenzhou Jinsheng, Shanghai Jingyang, Yuyao No. 2 Standard Fastener Factory, Jiashan Huihui, Haiyan Yuxing, Haiyan Hongmao, Haiyan Xintang, Haiyan New Shengda, Haiyan Brother United, Haiyan Jiansheng, Handan Fuqiang, etc. Sansega Industry Jiaxing Chinafar Shanghai Rivet Handan Ruiqiang Shanghai Jingyang Yuyao NO.2 Standard Fastener Factory Jiashan Huihui Haiyan Yuxing Haiyan Hongmao Haiyan Haitang Haiyan New Shengda Hiayan Brother United Haiyan Jiansheng Handan Fuqiang Lifeng Industry Xinxing Fasteners

Industry Activities

Raw Materials

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 Steel First ,2015-04-24 13:35:53

Company News

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.

Exibition & Association News

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]

Fastener News

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).

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