EuroWire May 2022

Corporate News

SpringWorld trade show SpringWorld 2022 will take place from 12 to 14 October in Rosemont, Illinois, USA.

consistent, accurate and long-lasting – important factors in vehicle production. Increased dispatch reliability, reduced gas emissions and less maintenance have underscored the aircraft industry’s push towards the concept of electric aircraft and “more electric aircraft” (MEA). “Amplifying the requirement for better efficiency and replacement for conventional pneumatic actuators, roller screw technologies are being used in the automotive and aerospace industry,” said a Persistence Market Research analyst. Persistence Market Research www.persistencemarketresearch.com CASMI was founded in 1944 as a not-for profit trade association dedicated to the development of good business practices and sharing of technical information through ongoing communications among the job-shop spring manufacturers in the Greater Chicago area. Membership now includes spring companies and industry suppliers from the mid-west and throughout the USA. CASMI-SpringWorld www.casmi-springworld.org The pre-registration deadline for free attendance is 21 September (limited to spring, stamping, fastener and wire form manufacturers).

services in nearly 30,000 square feet of exhibit space. Products and services on showwill include compression springs, constant force, extension springs, fasteners, flat springs, hot wound springs, spiral torsion and power springs, spring washers, stampings, torsion springs and wire forms. CASMI is pleased for SpringWorld’s return in 2022, having been forced to cancel the 2020 event due to the Covid-19 pandemic. In 2018, nearly 2,200 attendees and exhibitors from around the world participated in SpringWorld. The event is located at the Donald E Stephens Convention Center in Rosemont.

Presented by the Chicago Association of Spring Manufacturers, Inc (CASMI), SpringWorld provides an opportunity to network with other spring manufacturers, wire formers and OEMs, including one on-one discussions with colleagues who share challenges and are ready to discuss solutions, providing new insights for business. On the trade show floor, attendees will see the latest technology available to improve company productivity, quality and service. More than 90 suppliers will be demonstrating their products and

Roller screwmarket to expand at 5.7 per cent Global roller screw sales were valued at $233.4mn in 2020, with balanced long term projections, according to Persistence Market Research. The company’s report estimates the market to expand at 5.7 per cent CAGR from 2021 to 2031. Demand for roller screws reduced in 2020 due to the Covid-19 pandemic, but the market is set to recover in 2022 and onwards.

Rapid growth and improving prosperity imply that energy demand is increasing, stemming from developing economies, particularly within Asia, rather than traditional markets in the OECD. Robots are utilised in automotive production throughout the world, such as those used for the spot welding of stamped sheet metal parts. Electric actuators are replacing pneumatic and hydraulic versions, as they are more

There is growing need from the auto- motive industry for planetary roller screws due to enhancement in the efficiency of applications such as vehicle control sub systems. Roller screw actuators are robust, and can withstand greater shock load; they are also used when a designer or user is seek ing an alternative to pneumatic actuators.

Würth renews partnership with Fastener Training Institute

Within the Würth Group, founded in 1945, Würth Industry North America is a privately held, family-owned business with strategically aligned, customer centric market divisions, including industrial, MRO, safety, metalworking and construction, that deliver planning, parts management and inventory accuracy. The company has 100 locations across North America, Mexico and Brazil, and produces more than 420,000 standard parts. Würth Industry North America www.wurthindustry.com

industries”, and is committedtosupporting education, certification and professional development through partnerships with trusted industry education organisations. The objective of the FTI is to elevate the level of technical understanding and expertise of individuals in the fastener industry by providing a variety of training programmes presented by recognised industry experts. It provides beginning and advanced training on fastener products, standards and specifications. A complete listing of classes, webinars and events can be found on the organisation’s website.

Würth Industry North America has announced the renewal of its exclusive partnership with the Fastener Training Institute (FTI) as its 2022 Sustaining Sponsor. The sponsorship funds existing training programmes, develops new industry content and supports FTI’s virtual training platform. The support of Würth will be acknowledged throughout the year at FTI classes, webinars and industry events. Having been the Sustaining Sponsor of the FTI since 2019, Würth believes “education and lifelong learning inspire visionary thinking that transforms

Fastener Training Institute www.fastenertraining.org

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May 2022