Highlights and floor interviews from this year’s Fastener Fair USA in Nashville. Featuring interviews by the lovely and talented Lynn Dempsey with Rich Cavoto, Jen Kushnir, Jun Xu, Bob Chiricosta, Lonni Kieffer, Itzela Vasquez, Tony Martinez, GHIII, Baron Yarborough, Bernie Longen, Craig Penland, Laura Vath, Parker Jensen and many more. PLUS: Golf results and what […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 6/7/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) weakened further to 44.7 compared to 46.3 in April. Respondents pointed to declining new business opportunities and general softening in the economy as the driver of the m/m decline. The Forward-Looking Indicator […]
Marine Fasteners CEO Dee Ward and ERP platform founder Bob Reynolds of INxSQL Software view the fastener industry from completely different angles, and share their insights on improving customer satisfaction for continued success (1:24:18). Parker Fasteners senior manager Matt Boyd reports on the legendary Aerospace Hardware Sales Association bash and explains the mil-spec martini (14:43). […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 5/7/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) weakened further to 46.3 compared to 48.6 in March. Respondents indicated raw material shortages and declining prices/margins were the primary drags in April. The Forward-Looking Indicator (FLI) also softened to just 37.8 […]
Like a skilled sommelier, Threaded Fasteners CEO Billy Duren uncorks The Nuts and Bolts of Leadership, a new podcast designed to inspire, instruct and inform budding leaders (1:36:26). With his nose for success in the fastener game, John “Cool Hand” Butler avoids any sediment build-up after his recent course change, and shares a pleasing pairing […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published April, 18th, 2023 as “We have a fastener, our ring gauge says it is OK, the customer’s ring gauge says it doesn’t conform. What do we do?” during episode 187 of Fully Threaded Radio. Well hi everybody, this is Carmen Vertullo with […]
Read More… from FTM 187: What happens when ring gauges don’t agree
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 4/6/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) retreated slightly, coming in at 48.6 vs. 51.6 last month. Participant commentary suggested slowing demand and recession concerns weighed on sentiment. The Forward-Looking Indicator (FLI) improved very modestly, albeit remaining in contractionary […]
As the fastener market adapts to unsettled circumstances, Endries International president and CEO Michael Knight engineers a strategy for continued growth (1:44:56). Distributors report mostly positive sales last month, as Brighton Best president Jun Xu and news editor Mike McNulty dissect the FDI (and question an iron-fisted Fed) on the Fastener News Report (58:30). Mike […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published March, 16th, 2023 as “Why did screws made of 18-8 stainless steel that were passivated and black oxide finished rust in a salt spray test?” during episode 186 of Fully Threaded Radio. Hello everybody, this is Carmen Vertullo with your Fastener Training […]
Read More… from FTM 186: Can black oxide treated stainless rust?
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 3/7/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) registered its first expansionary (>50) reading since November, improving to 51.6 from 47.7 last month. Consistent with this, commentary from participants was also a bit more positive this month, with some respondents […]
