EDITORIAL
Recurring themes
It’s never planned but often an issue of the magazine will reflect a series of recurring themes. This one is a case in point.
normal, I have spent a lot of time in European factories and talked with several business leaders in their companies as well as at exhibitions and association meetings. Consistently, the response to questions about the economic outlook was that it was not, so far, reflected in the day to day trading and order books of fastener companies. OK, that may be tempting fate, and for sure everyone was taking precautions against a business fall off and fervently hoping it will not be another ‘slam into the wall’ experience. Without underestimating the severity of the Eurozone problems we do, though, appear to have talked our way into a downturn again. I don’t understand the practicalities, let alone the ethics, of short selling but we appear to be selling ourselves short in another sense - and real people and real businesses will, once again, take the pain. One inevitable effect is for inventory throughout the supply
T
chain to tighten. With storms brooding cash unquestionably is king. That tightening comes, though, at a time the vulnerability of supply chains to unexpected events has been highlighted as seldom before. In the wake of Fukushima came the catastrophic
CONTENTS
INDUSTRY NEWS Europe and World ...................................................................10-22 North America .........................................................................24-28 Asia ...........................................................................................30-32 Russia + CIS .............................................................................34-36
COVER STORY REYHER: Driven by tradition: heading for the future .............38-39
EXHIBITIONS Events Calendar ........................................................................... 40 News ........................................................................................42-44 Fastener Fair Brasil report .....................................................46-50 NIFMSE report .............................................................................. 52
FACE2FACE Exclusive interview with Werner Deggim ...............................54-58
INSIGHT New ownership at Max Mothes ...............................................60-62 Talking synergies and pre-engineering ..............................103-106
CONSTRUCTION FIXINGS News ........................................................................................68-74 HECO-UNIX - top floorboard screw ............................................. 76 BiERBACH - the brand for special nails ...................................... 78 Sustainable anchoring ................................................................. 80 CFA doubles up ............................................................................. 82
CATALOGUE RACK Germany ..................................................................................64-67
MANUFACTURING TECHNOLOGY News ........................................................................................84-88 Inspection + packing ...............................................................88-94 Micro fastener measurement using 3D metrology ................96-97
MANAGEMENT + SYSTEMS News ....................................................................................128-130 RoHS 2: It may affect you… .................................................108-110 A True story ..........................................................................132-134 Cutting costs with industrial vending .........................................136
FOCUS ON Nuts, washers + locking systems .........................................98-102
TECHNICAL The basics of bolted joints ...................................................112-114
PRODUCT NEWS Application Technology news ..............................................116-126 Tools news ............................................................................138-142 Products news .....................................................................144-154
ADVERTISERS INDEX ..................................................................154 8 Fastener + Fixing Magazine • Issue 72 November 2011
he strongest theme is the disconnect between economists, financial traders and mainstream media’s predictions of economic doom and what is actually happening on the ground in the fastener industry. As
floods in Thailand and further demonstrations of the complex interwoven and myriad-tentacle supply chain to automotive, electronic and other high volume manufacturing sectors. Will these realisations of vulnerability be positive or
negative for the fastener industry? There is a saying that no one understands the value of a fastener until it breaks or isn’t there. Hopefully, that means an opportunity to reinforce that value and underline the true cost of acquisition and the life cycle profitability of these vital components – another theme that occurs in this magazine. The risk, unfortunately, is of a deluge, not this time of water, but paperwork and administration as supply chain managers scurry to protect their rears. One argument is that more reliable means shorter supply chains. The reality of European manufacturing costs, though, makes recognising the life cycle profitability of fasteners crucial. The risks and costs of recalls, final customer dissatisfaction, loss of brand reputation must be constantly highlighted to resist the mantra of unit cost down. One other thought on supply chain risk. Not all catastrophic supply stoppages are the result of natural disasters. As Peugeot Citroen and one of its major fastener suppliers discovered over recent weeks the implementation of a new computer system can generate just as shattering consequences.
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