Fastener Show West and Nucor back in News
Thank you to my loyal readers who have been sending me news updates. Clearly, I have been a negligent blogger and have not been posting as frequently as a devoted blogger might. Truth is, I've been really busy with work stuff...and that is a good thing. Throw in things like going to my kid's Choir Concert and I've lost some evening time too. Then, (and this is big) I've had to devote additional time to my fantasy football team as I have made it to the Super Bowl of my fantasy league. It takes place this weekend and with injuries, etc., I've really had to devote some quality time to the "Land Hammers" franchise. Now, don't go stealing the name for your team.
So, back to fastener news. First, I think the fact that I have been extremely busy since the Las Vegas Fastener Show is just great. Last December, everybody was dead. None of my customers were busy and business was coming to a screeching halt leading up to 2009 which has pretty much been one of the worst years in recent fastener history. It is refreshing to be this busy.
Yes, yes, yes...Nucor is back in the news as they appealed the unanimous decision by the U.S. International Trade Commission that rejected their petition for antidumping and countervailing tariffs. Nucor's attorney argued that U.S. production and capacity utilization decreased by 50% and Chinese and Taiwanese imports grew to 56% of the market by "pervasively underselling U.S. fasteners by significant margins". All the publications have come out with the details and you can look up that information on some of those news sites (many of which are listed to the left of this column you are reading). Let's face it. We all knew this was coming. There is no surprise here. The bigger surprise is that the petition was beaten down with a 6-0 decision. I sell import products and I sell domestic products. And, in case you did not know, I'm a good ol', red blooded American Boy. I'd love to see domestic manufacturers do better, stop closing and provide more jobs. I also recognize the value of some of the lower priced import products that we buy and sell and, in the end, give us many products that are lower in cost. But, if anyone, including the government, is going to try to tell me that the domestic manufacturers have not been hurt by the importers then they are just flat our nuts. We know it, they know it, the world knows it. I guess it must come down to how bad have they been hurt and what is a fair and just resolution. Maybe Nucor was not asking for a reasonable resolution. Others can figure that out. But, just using our common sense we know there has been SOME kind of affect.
Next subject - the Las Vegas Fastener Show. In 2011 it will move down the strip to the Sands convention center and it will be in October, not November. For those who do not attend the STAFDA show, I will tell you that it will overlap with the Vegas show in 2010. That is a problem for a lot of companies that exhibit in both. The Fastener Show is in Vegas and STAFDA is in Phoenix and a few of the dates overlap. By moving to October, these conflicts should go away in future years. Folks, that's about all I will say about that right now. Feel free to write in with your own thoughts including my friends from the Fastener Shows. If you would like to share how you chose the Sands or the time of year I would be more than happy to publish all that. I do think that folks in the fastener industry would like to hear more and please use this site as a platform.
Also, I'd like to hear more about how the Columbus show is coming along. And, I have not heard from anyone at the All American Show and I'd like to hear an update on that or any other regional show.
Promise to write more often in the future. There is a lot going on. I suspect that acquisitions will increase and I just read where HD Supply is closing 350 branches. HD Supply is not exactly a fastener house but it is industrial supply and that is a close relative to the fastener house, relatively speaking.
Happy Holidays. Keep plugging because we hold the world together!
So, back to fastener news. First, I think the fact that I have been extremely busy since the Las Vegas Fastener Show is just great. Last December, everybody was dead. None of my customers were busy and business was coming to a screeching halt leading up to 2009 which has pretty much been one of the worst years in recent fastener history. It is refreshing to be this busy.
Yes, yes, yes...Nucor is back in the news as they appealed the unanimous decision by the U.S. International Trade Commission that rejected their petition for antidumping and countervailing tariffs. Nucor's attorney argued that U.S. production and capacity utilization decreased by 50% and Chinese and Taiwanese imports grew to 56% of the market by "pervasively underselling U.S. fasteners by significant margins". All the publications have come out with the details and you can look up that information on some of those news sites (many of which are listed to the left of this column you are reading). Let's face it. We all knew this was coming. There is no surprise here. The bigger surprise is that the petition was beaten down with a 6-0 decision. I sell import products and I sell domestic products. And, in case you did not know, I'm a good ol', red blooded American Boy. I'd love to see domestic manufacturers do better, stop closing and provide more jobs. I also recognize the value of some of the lower priced import products that we buy and sell and, in the end, give us many products that are lower in cost. But, if anyone, including the government, is going to try to tell me that the domestic manufacturers have not been hurt by the importers then they are just flat our nuts. We know it, they know it, the world knows it. I guess it must come down to how bad have they been hurt and what is a fair and just resolution. Maybe Nucor was not asking for a reasonable resolution. Others can figure that out. But, just using our common sense we know there has been SOME kind of affect.
Next subject - the Las Vegas Fastener Show. In 2011 it will move down the strip to the Sands convention center and it will be in October, not November. For those who do not attend the STAFDA show, I will tell you that it will overlap with the Vegas show in 2010. That is a problem for a lot of companies that exhibit in both. The Fastener Show is in Vegas and STAFDA is in Phoenix and a few of the dates overlap. By moving to October, these conflicts should go away in future years. Folks, that's about all I will say about that right now. Feel free to write in with your own thoughts including my friends from the Fastener Shows. If you would like to share how you chose the Sands or the time of year I would be more than happy to publish all that. I do think that folks in the fastener industry would like to hear more and please use this site as a platform.
Also, I'd like to hear more about how the Columbus show is coming along. And, I have not heard from anyone at the All American Show and I'd like to hear an update on that or any other regional show.
Promise to write more often in the future. There is a lot going on. I suspect that acquisitions will increase and I just read where HD Supply is closing 350 branches. HD Supply is not exactly a fastener house but it is industrial supply and that is a close relative to the fastener house, relatively speaking.
Happy Holidays. Keep plugging because we hold the world together!
TS:
Mike and I are tired of taking the blame for the conflict in dates for the 2010 West Show in Las Vegas and the STAFDA event in Phoenix.
Please understand that we booked our 2007 through 2010 dates at Mandalay Bay over five years ago and, at that time, STAFDA had not published dates or locations for its future events past 2008. Perhaps those people who wonder why WE booked our West Show (November 8-10, 2010) in conflict with STAFDA should be asking why STAFDA booked its event on nearly the same dates in 2010.
We sincerely regret the conflict, but we do not always have the option of scheduling our Shows whenever we would like. Too many people think it is simply a matter of telling a hotel or convention center what they want and they can have it. Not true! Las Vegas is one of the most popular convention and trade show cities in the USA. It is very busy and the optimum dates aren't always available.
Our Las Vegas Show has conflicted with STAFDA several times before for these same reasons. It is not good for either event, but it is what it is. Companies will have to make a choice of whether to attend the West Show in Las Vegas or the STAFDA event in Phoenix next year. Our Show is strictly fasteners and fastener-related products and services. They are not the same. We believe we will get our share of exhibitors and visitors from the fastener industry.
There shouldn't be any questions about the change in dates and location of the 2011 West Show. Both issues were clearly explained in our recent news release which has since been published on numerous web sites in the USA and Asia.
Succinctly stated, we are moving the 2011 Show to the Sands Expo to give it a more central mid-Strip location and offer a much wider range of hotel accommodations with a broad range of price points. We took this action in response to numerous exhibitor and attendee requests heard over the past several years.
We selected the October dates to give exhibitors more time to follow-up on leads generated at the Show before the holidays. This, too, is in response to exhibitor requests heard over the past several years. You can read the entire news release on the American Fastener Journal web site. Go to www.fastenerjournal.com and click on Fastener News Now.
The East Show scheduled for May 25-26 in Columbus, Ohio is doing very well. We have sold nearly 60 booths to date and momentum is building. Complete information and a list of exhibitors can be found at www.fastenershows.com.
Merry Christmas and Happy New Year to All,
Jim Bannister
General Partner
National Industrial Fastener Show
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There ya go!
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Merry Christmas and happy holiday season!
First of all,I am excited to find this website which made me feel like that I am closer to American fasteners industry.As one of China fasteners manufacture, once attened Las Vegas fasteners show but did not attend this year, nevertheless,I always want to know feedbacks from attendee. Thank you again and best regards, hope everyone have a wonderful holiday season.
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I am glad you decided to visit this site and leave a note. I hope you will continue to visit. What does your company do?
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Shanghai Beitra Fasteners Co., Ltd is specialized in manufacturing washers and circlips, at the same time, upon many client's request about various kinds itmes with small quantity, establish our sourcing deparment based on our wide range relationship with domestic excellent export manufactures to operate fasteners export.
Our own products include washer and circlips series.
For washers items, including flat washers (eg, DIN125/9021),
spring washer (eg, DIN127/128/6798), lock washers (eg, DIN6797/6798), conical spring washer DIN2093, disc spring washer DIN6796, belleville lock washer NFE25-511, safety lock washer DIN9250, curve and wave spring washers DIN137A/B. All above products also can be made per ANSI, JIS, BS, NF standard.
For our circlip products series, includes DIN471/472/6799/1460/1360/986/984/5417/7993A/988 and M1308/1408/1440/1800/2300/2400/1355/1455, as well as related unstandard parts. All these items can be made per ANSI, JIS, BS standard.
Meanwhile, upon clients' request, we set up a fasteners one-stop sourcing platform, to provide clients with full-fastening system solutions with a complete supply chain services.
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OK Linda, now we know what you do. Please tell me this. How is business in your area? What do you expect in 2010? And, good luck in the new year.
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You're right, the import cap screw issue is not going to go away. It has fully entered the realm of politics, so it has taken on a life of its own.
As for the shows, it seems like most companies can have some kind of presence at both shows if need be. It will be interesting to see how people work it out. Attendees might actually find the overlap useful for consolidating their trips.
The changes for NIFS-W in 2011 are exciting, too. It's great to see that response to people's suggestions.
Happy New Year, all!
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