FastenerTech’13- Quick Access to Share Recovering US. Domestic Demand
The 4th FastenerTech’13 held during June 11 through 12 at Donald E. Stephens Convention Center once again achieved a great success. With the first edition taking place in 2007, followed by the later editions regularly held every two years, FastenerTech’13 located at Chicago, the important heartland of U.S. fastener manufacturing, drew several benchmark and leading fastener distributors, manufacturers, industrial press, and fastener institutes under one roof.
According to the data from Zepol, the U.S. fastener imports have exhibited positive growth for 3 years since 2010. The growth of fastener imports went up nearly 11% in 2012 to over USD4.6 billion. On the other hand, Asia poses as the main supply origin of U.S. fastener imports and the value of fastener exports from Taiwan to the U.S. reached USD0.4 billion. Supported by overseas demand as well as the promotion of “Made-in-USA,” the domestic demand is also recovering.
Dubbed as the “All-Purpose Fastener Show at Fastener Manufacturing Center,” the edition this year welcomed 144 exhibitors from the local US, Spain, China, and Taiwan, 128 of which were from the U.S., 13 from China, 2 (Fastener World Inc. and Jinn Her Enterprise) from Taiwan, and 1 from Spain. This show did not only attract the attention of global fastener media, but also get the support from several fastener associations and institutes, including National Fastener Distributors Association (NFDA), Industrial Fasteners Institute (IFI), Fastener Training Institute(FTI), Mid-West Fastener Association (MWFA), Chicago Metal Finishers Institute (CMFI), North Coast Fastener Association (NCFA), and Woman in the Fastener Industry (WIFI). It is a platform for exhibiting products as well as offering training programs to the industry. This show was co-located with SUR/FIN. Visitors all said it is really a show worth visiting.
