Excerpts from Southwestern Fastener Conference: Schneider: Prices Headed Up
Excerpts from Southwestern Fastener Conference: Schneider: Prices Headed Up
John Wolz
Grade 8�s, miniatures and Nylon insert flange nuts are the fastest- growing segments of the Nylon Insert market, Continental-Aero president Marty Schneider said in a Southwestern Fastener Expo conference session on locknuts.\
Brass, aluminum and 316 stainless sales also are up, he added. Schneider predicted import prices will continue to go up next year.
�Taiwanese makers particularly have experienced limited profitability the last few years,� Schneider observed. �Facing viability issues, they are left with little choice but to increase their prices.�
Harrison, NJ-based Continental-Aero has warehouses in Illinois, California and Texas.
Nylon insert locknuts hold the mating part 100 times better than a hex nut, Schneider said.
The U.S. Fastener Quality Act, originally passed in 1990 and amended and implemented in 1999, �increased focus on quality, reliability and traceability,� Schneider finds. �Nylon insert sales, particularly of branded manufacturers, have dramatically increased across the board.�
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