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President Elect Barrack Obama hailed Cardinal Fastener Co. as an example to manufacturing industries, which has been able to sustain its growth charts in these recessionary times with their lean concepts based on the Toyota Production System since 1998. John Grabner, president of Cardinal Fastener believes that Cardinal’s lean initiative has led to increased efficiencies, decreased costs, and better and faster service to its customers.
Cardinal Fastener Company is today one of the largest American-made large-scale threaded fasteners and specializes in industrial fasteners used to bolt the wind turbine towers to their foundations. At present the company is sitting at revenue of $10 million annually and expects to increase it by 50% in this year. (more…)
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Fastener Industry welcomed President-Elect Obama’s visit to Cardinal Fastener & Specialty Co. in Bedford Heights, Ohio. It is being regarded as the first stop in an extraordinary new effort to motivate and mobilize millions of citizen-lobbyists to promote his vast agenda.
Obama at Cardinal Fastener Company
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12th National Industrial Fastener Show/West was held in on 2-4 November 2008 at Mandalay Bay Convention center, Las Vegas, Nevada.
It was no surprise that most of the talks were centered around the big recession and its effects on the economy. While many trade pundits are hopeful and predicting a U-Turn in the economic climate by the mid of 2009, but the situation is very fluid. With the daily dose of news about the spread of this recession to newer horizons and economy, the lookout is very dicy.
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Fastener Industry has been facing unparalleled challenges to maintain growth and search for the market in these periods of recession. The importance of cost-cutting and adopting more efficient processes assume greater importance than ever before for the survival.
One of the area, where the Industrial Fastener industry seems to be lacking is that it is yet to exploit the powers of Internet to the fullest extent. And one small aspect of that is not having your own Online Catalog.
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Prosecution Attorneys have agreed to drop the charges of manslaughter against Powers Fasteners Inc., the New York manufacturer of fast-setting Epoxy which was used in the construction of a Big Dig tunnel. Once section of the Tunnel, which is scheduled to be completed soon, failed to support the ceiling panels and crushed a car, killing a woman Milena Del Valle.
Milena Del Valle, was traveling in a car, which was being driven by her husband and was buried in lots of concrete on that tragic day. The incident happened in the later half of 2007. (more…)
