Fastener industry 50 year veteran and Goebel Fasteners national sales manager Sam Underwood explains what makes a great distributor (14:29). Will Snyder of WTC Business Technology Services on the fallout from the Cloudstrike internet outage snafu (1:29:54). Birmingham Fastener & Supply CEO Brad Tinney joins Mike McNulty on the Fastener News Report to review the […]
Year: 2024
FDI July 2024
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 8/8/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) dipped to 47.5, below 50 for the first time since January. While normal summer sluggishness likely played a role, several participants said they saw signs of a broader slowdown beyond just seasonal […]
Special Report: Chiracosta Wins Form Fit & Function Award / FSTNR Week ’24
Fastener Fair USA show manager and fastener friend Mr. Bob Chiricosta of RX Expositions is the winner of this year’s Form, Fit & Function Award, presented by the Naperville Fastener Association (the most non-exclusive of all the fastener associations). PLUS: Bob “GQ” Baer and Jake “Valdez” Davis preview this year’s FSTNR Week ’24. Run time: […]
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FTM 202 – The difference between macro and micro hardness testing
This edition of the Fastener Training Minute with Carmen Vertullo was originally published July 20th, 2024 as “What is the difference between macro hardness testing and micro hardness testing during episode 202 of Fully Threaded Radio. Well hello everyone, this is Carmen Vertullo with the Fastener Training Minute, coming to you from Fastener Training Institute and […]
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Episode #202 – In Other News
Dramatic headlines abound across the country and around the world. This episode of Fully Threaded Radio avoids all of that, as Eurolink FSS president Craig Penland (15:44) and technologist Anders Green (2:00:31) provide various and informative takes on the industrial fastener industry from completely different angles. Huyett CEO Tim “Iron Butt” O’Keeffe joins newsman […]
FDI June 2024
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 7/8/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw a slight m/m decline, 52.1 vs. 52.9 in May, but remained in expansionary territory (>50). Commentary was mixed as some saw good order trends, while others characterized June as fairly weak. […]
FTM 201 – What coatings can you safely put on lock washers
This edition of the Fastener Training Minute with Carmen Vertullo was originally published June 22nd, 2024 as “What coatings can you safely put on lock washers” during episode 201 of Fully Threaded Radio. Well hello everyone, this is Carmen Vertullo with your Fastener Training Minute, coming to you from Fastener Training Institute and Carver Labs in […]
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Episode #201 – Harpo’s Revenge
It’s more fastener industry squawking as 30 year veteran Al Bate of All America Threaded Products flies in to discuss European distribution models, fastener head hunting and an exciting new threaded rod offering (1:37:49). Reporting from a high speed rail car, YFP star Parker Jensen of Atlas Distribution reports on the recent Taiwan International […]
FDI May 2024
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 6/6/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw modest m/m improvement, reading 52.9 in May vs. 51.6 in April, and continued to expand (above neutral reading of 50), albeit driven by just one component, supplier deliveries. Commentary was again […]
Special Report: Fastener Fair ’24
The biggest fastener industry event of the spring, Fastener Fair USA ’24 rocked Cleveland, was a huge success and a boatload of fun! The lovely and talented Lynn Dempsey hit the show floor with her mic in hand: Jason Baines, Lee Parker, Bob Chiricosta, Mallory Nichols, John “Cool Hand” Butler, Hans Fuller, Lonni Kieffer, […]