Taiwanese Exhibitors at NIFMSE 2013 Expressed US Economy is Turning Good

Led by TFTA, nearly 70 Taiwanese companies exhibited at NATIONAL INDUSTRIAL FASTENER & MILL SUPPLY EXPO held on October 24-25. Seeing more visiting buyers and OEM inquiries, they think the US economy is turning around for the better.

Consultant of TFTA, Steven Fang told, "Due to the fact that the US is the largest screw market, its economic condition will greatly effect the shipment from Asian screw and bolt makers. The venue this year obviously attracted many American visitors with samples at hand inquiring to Taiwanese exhibitors for cooperation." 

He added, "Taiwanese screw products are used in automobile, construction, aerospace and arms industry. Because Taiwan has a mature and consolidated screw supply chain with strong capability in developing special products, Taiwanese makers can produce special alloy products. The screws are small but come with high level of quality and safety. Many exhibitors mainly come to fortify relationships with current and new clients, and business deals are actually executed before or after the fair.

William Liao, former chairman of TFTA and current general manager of Fastener World Inc leading a few Taiwanese exhibitors to the fair, said that over the years Taiwanese companies have been reaching out to the world, and that TFTA members not only exchange experience but also exchange with China and Southeast Asian makers, gaining abundant industrial information domestic and abroad. Seeing signs of revival in the show for the first time since 2008, he foresees that exhibitors will be more willing to attend the next show and that US fastener market condition will further improve for the next year.