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SPRING 2021

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  • Engineering
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  • Screws
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  • Fasteners
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Distributor's Link Magazine Spring 2021 / Vol 44 No 2

fastenerlinks BRINGING

fastenerlinks BRINGING YOU THE FASTENER INDUSTRY IN A CLICK! www.linkmagazine.com Smith Associates recently held their first virtual tabletop show. Titled “Together Towards Tomorrow” this event allowed companies to meet with the principles represented by Smith Associates to discuss strategies for the coming year while learning about new products and initiatives. Customers could sign up to reconnect with companies they currently do business with while at the same time getting the opportunity to learn about some new companies as well. Every person that participated in the event, both customers and principles applauded the way the event was handled as well as the value that was received from the time they invested in participating. While all were universal in their desire to get back to holding face to face meetings they also were grateful for the opportunity to reconnect. Mike Smith, head of Smith Associates commented “I am incredibly proud of the team at Smith Associates for putting together this event and offering our customers and principles the opportunity to connect during these trying times. This program is a great example of the innovative thinking that has made Smith Associates the premier manufacturers rep agency for the fastener industry”. Other comments heard from participants included Michelle Pharand from Astral Air Parts “a very well-orchestrated event, you kept people moving and on time with your ability to manage the breakout rooms” while Marc DiVincenzo of Century Fasteners said, “everything went over well, thank you for including us and we would be happy to be a part of this again in the future”. Finally, George Latsis from Screws Industries stated, “Smith Associates did a great job putting this all together, THANKS!”. Smith Associates is the premier manufacturers rep group in the Northeast covering a territory from Maine to Virginia. The company was founded in 1982 by Mike Smith and supplies wire and metal products for the military, structural, industrial, and commercial industries. If your company is seeking representation in this territory contact Smith Associates at 973-291-8100 or check us out on the web at www.smithreps.com.

THE DISTRIBUTOR’S LINK 139 Derry Enterprises, Inc. announced today that it has acquired O.K. Fasteners, a Huck and mechanical fastener distributor based in Troy, IL. O.K. Fasteners stocks and distributes Huck fasteners, installation tools and parts primarily for the rail, transportation, mining, and general manufacturing industries. As one of the leading Huck distributors, O.K. Fasteners has built a strong reputation with its customers on having stock of whatever Huck material the customer may need. “Derry Enterprises’ growth strategy, future vision, and strong culture will significantly enhance our ability to provide value to our customers and continue to grow our business. We are excited about our future together,” says Jon Knauss, President of O.K. Fasteners. Derry Enterprises is also acquiring Tools & Parts Inc, a separate organization that stocks and distributes Huck product as well. With these acquisitions, Field Fastener, a subsidiary of Derry Enterprises, has become a Huck master distributor and is now able to sell Huck components, repair or maintenance items, as well as tools and equipment. Field also has direct access to other Huck brands such as Marson Fasteners and Tools, Recoil Products, Camloc, SNEP Products, Simmonds Products, Keyserts, and Value Rivets. The keys to Derry Enterprises’ success are the unique culture and value proposition the company has. The culture is people focused and places a high value on the development of its team members to support is customers and suppliers. The value proposition is to generate year over year cost reductions for their customers through VMI and technical support services. “The acquisition of O.K. Fasteners is another important step in our goal of being the most technically competent fastening company in the world. We are pleased to have the O.K. Fastener team and its vast knowledge of Huck as a part of Derry Enterprises,” states Chief Customer Officer, Adam Derry. “Huck produces a great product and we are excited about partnering with them to drive greater value to the OEM market.” For more information about Derry Enterprises contact them by Tel: 815-637-9002 or visit them online at www.fieldfastener.com.

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