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4
EDITORIAL
Fastener + Fixing
Magazine
Looking at it both ways
18 Alban Park,
Hatfi eld Road,
St Albans,
Firstly, may I wish you a happy and hopefully prosperous 2010. Hertfordshire,
AL4 OJJ, UK
The turmoil of 2009 is inevitably still very much in mind
Tel: +44 (0) 1727 739 150
and a myriad of questions abound over 2010. A good Fax: +44 (0) 1727 831 033
time, we thought then, to invite fastener business leaders
Publisher
to refl ect on the past year and consider the prospects
Jeremy Ramsdale
presented by the new one. The response was quite
jerry@fastfair.net
outstanding. So much so, that we had the unenviable task
Phil Matten
Editor
of deciding which submissions to feature in this issue and
Phil Matten
which to hold over until March.
phil@fastfair.net
Deputy Editor
We set out, not to reach conclusions, but to gauge opinions and to provoke thought. To do so we
Will Lowry
suggested a core set of questions:
will@fastfair.net
• What were the most important events for the fastener and fi xings industries? Why? Advertising Director
• What should the fastener industry learn from the experience of 2009?
Jamie Mitchell
• What are the longer term implications of what happened in 2009?
jamie@fastfair.net
• Turning to 2010, how do you view the outlook for fastener businesses?
Senior Advertising
• What are the priorities on which fastener businesses need to focus?
Executive
• What are the dangers for which fastener businesses need to be alert?
Harry Whyte
Not all chose to respond, which is their prerogative, so the sample is, to that extent, self-selecting.
harry@fastfair.net
Those who did, without exception, presented carefully considered perspectives from a very broad range of
Advertising Executive
interests, businesses and locations. What you read will, I hope, prove thought provoking – it certainly has for me.
Claire Lake
To whet your appetite here are two shorter samples. The fi rst is from Jean-Paul Micheau, until last year
claire@fastfair.net
president of the EIFI.
Production Manager
Andy Clo
About 2009
production@fastfair.net
Fastener + Fixing Magazine
is a dedicated, trade-only
“No doubt we will be happy to close this year with a double ration of champagne to help forget it soon.
publication which is
For the fastener industry 2009 will remain the year of the anti-dumping notifi cation. What that will bring or
circulated freely throughout
not is one question.
the European trade.
But in any case this event demonstrates clearly that the European Fastener Industry does not believe
anymore that the market is big enough to allow everybody to grow and make profi t. To a certain extent Disclaimer
the small fastener industry asks a question many other industries will have to answer: How to reduce the
The Publisher cannot be held
overcapacity? This has been a key question in 2009 and will remain in 2010.
responsible or, in any way,
On the other hand the way Asia and China in particular managed to limit the consequences of the
liable for errors or omissions,
world crisis shows that the opportunities of growth are there. 2010 will not be the year in which the sales
during input or printing of any
fi gure will match again those of 2008. And the price pressure will continue to grow because of the diffi cult
material supplied or contained
herein although the utmost
situation of the customers, because of a growing competition, because of the weak dollar…
care is taken to ensure that
The fastener industry will have to look for the growth where it is, in the diffi cult Asiatic market. It will have
information contained is
to continue to reduce the capacity and will have to invest more and more in new products and technologies.”
accurate and up to date. The
Publisher also cannot be held
The second is non-attributed at the request of the writer, something we were happy to respect, particularly liable for any claims made by
since it brings a different perspective – and determination. advertisers or in contributions
from individuals or companies
Think creative
submitted for inclusion within
this publication.
The opinions expressed are not
“2009 was a tough and depressive year for all of us. Millions of articles are written about it, studies
necessarily those of the
Editor or Fastener Fairs Limited.
are made. Fastener production companies worldwide didn’t escape from it either. The booming industrial
evolution we all felt during the previous years was unrealistic. Due to over consumption the speed became
Copyright
so high, that we had to put all our efforts in producing and rationalising our manufacturing process. Doing
Entire contents copyright
business seemed to be easy as long as you were willing to follow the downward price loop. 2009 put
© Fastener Fairs Limited
an abrupt end to this tendency. 2009 made us more conscious again of what we are really standing for. No part of this publication may
What is our company’s role and importance for the fasteners industry? The values for which we stand are be reproduced, stored in a
our challenges for the future. Returning to our strengths and core business will make us stronger. We are
retrieval system, or transmitted
awoken out of a dream and encouraged to think CREATIVE again. We will remember 2009 as a hard, but
in any form or by any means
INNOVATIVE year dedicated to research and development. The more diffi cult the outlook sometimes seems
without the prior permission of
to be, the more aware you become of your talents and opportunities.”
the publisher.
Turn to page 54 for more. If you fi nd yourself agreeing, disagreeing or seeing things from a different Annual subscription (6 issues)
perspective please email me with your thoughts – we will defi nitely be publishing more in March.
to non-trade and outside EU is
£80/€120/$160
Fastener + Fixing Magazine • Issue 61 January 2010
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