EuroWire November 2021

Corporate News

Trifast acquires Falcon Fastening Solutions Trifast plc (TR) is continuing to expand its presence in strategic areas globally to sup- port the localised service required by many of its OEM customers, with the acquisition of Falcon Fastening Solutions Inc. Giovanni Cespedes, who has worked for the business since 2008.

Following the acquisition, TR Falcon will have access to the TR group’s seven manufacturing sites, and the additional support of technical and engineering teams to assist in its growth plans. Mr Cespedes sees this as “a fantastic opportunity for Falcon’s employees, customers and suppliers” that will build on the existing business. This acquisition is complimentary to TR’s North American operations in Houston, with TR Falcon adding expertise in the areas of energy, health and home and general industrial to Houston’s capabilities in the automotive sector. Trifast plc www.trfastenings.com

Based in Charlotte and Kentucky, USA, TR Falcon was founded in 1979 and has remained a family business since that time. Trifast’s customer proposition is built around experienced design and application engineers, supported by its own manufacturing locations, which combine to provide fastener solutions to customers’ application problems. This is supported by Trifast’s distribution and supply operations around the world, to meet customers’ needs across a broad range of industrial fastenings and C-class components.

Mark Belton, Trifast’s CEO, commented, “The Carolinas region is a strategically important area for us where a number of our global OEMs have facilities. The culture, values and work ethic at Falcon in many ways reflect those of TR. We believe that the combination of Falcon’s and Trifast’s locations, experience, knowledge base and skill sets will open up significant opportunities.” Now branded as TR Falcon, the company will continue to be managed by president

Fastener Fair Stuttgart 2021 postponed

to be able to offer our usual event slot in spring 2023. This early announcement will allow planning security for all participants, and it will ensure that the event can continue its critical role in bringing the global fastener and fixing industry together again in 2023.” In the meantime, Mack-Brooks Exhibitions will run a new digital event – Fastener Fair Connect – allowing the international fastener and fixing community to gather in a dedicated onlinemarketplace, whichwill offer an online showcase and additional networking opportunities. From 17 to 18 November 2021, the international online event will unite the global Fastener Fair brands, including Germany, Italy, Mexico, USA and India.

The 9 th International Exhibition for the Fastener and Fixing Industry will now take place from 21 to 23 March 2023 in Stuttgart, Germany. The postponement of Fastener Fair Stuttgart 2021, which was scheduled to take place in November, was announced by the event’s organiser, Mack-Brooks Exhibitions. The decision was made due to the ongoing pandemic, and follow- ing conversations with exhibitors and partners over several months. Liljana Goszdziewski, portfolio director of Fastener Fair Stuttgart, on behalf of Mack-Brooks Exhibitions commented, “Following our decision to postpone Fastener Fair Stuttgart, we are pleased

In addition, a series of roadshow events, planned to run in 2022, will provide fastener and fixing professionals with opportunities to meet and stay connected with the industry. Fastener Fair Italy, already planned from 30 November to 1 December 2022, will be one of the events in the series.

Mack-Brooks Exhibitions Ltd www.fastenerfairstuttgart.com

Major fasteners contract for electric vehicle programme

fasteners to the international automotive industry. The company’s products range from customer-specific standard items to customised special fasteners. The company also provides technical develop- ment, line-feeding, logistics, material and production expertise. Bulten AB www.bulten.com

“We are proud to be appointed FSP pro- vider of fasteners by a new customer, and for a new electric vehicle programme,” said Anders Nyström, president and CEO of Bulten. “This is a strategically important contract for us since we are expanding sales of our products within the electric ve- hicle segment, which is growing strongly.”

Bulten has been awarded a new FSP (full-service provider) contract by a European automotive manufacturer. The contract is for the supply of fasteners for an electric vehicle programme that is under development, and the order value is approximately SEK 220mn per year at full production. Deliveries are expected to start in the third quarter of 2022, and reach full pace by 2025.

Bulten Group is a major supplier of

EF 4/58

www.read-eurofasteners.com

November 2021