Global Fastener News

SHORT TAKES: Fastener Industry Shows, Nova Machine, NYF Corp., Olander Corp., Purchased Parts, Valley Fastener Group

September 27
00:00 2001

SHORT TAKES: Fastener Industry Shows, Nova Machine, NYF Corp., Olander Corp., Purchased Parts, Valley Fastener Group

John Wolz

� Jim Bannister, managing partner for the Fastener Industry Shows Partnership, appointed David Bannister national sales manager for the shows held in Las Vegas since 1997 and Columbus, OH, since 1981.
For the past two years David Bannister has been vice president of business development for Vulcan Publications, an Alabama-based B2B publisher and exposition company. Previously he owned and operated a safety/MRO supply house for eight years before selling to WW Grainger/Allied Security. David Bannister is based at Gainshare Media Inc., 4834 Sulpher Springs Rd., Hoover, AL 35226. Tel: 205 988-9708. E-mail:
Bannister & Associates is located at 5008-01 Pine Creek Dr., Westerville, OH 43081-4848. Tel: 614 895-1355. Fax 614 895-3466. E-mail: Web:

� Nova Machine Products Corporation is now a master distributor for Lake Erie Screw Corporation�s ASTM A193 Grade B7 Hex Cap Screws and Heavy Hex Screws. Sizes not within Lake Erie�s capacity will be manufactured by Nova.
Nova was founded in 1984 and specializes in nuclear safety-related fasteners. Nova manufactures and distributes fasteners and machine parts and services from seven offices and is headquartered at 18001 Sheldon Rd., Middleburg Heights, OH 44130. Tel: 216 267-3200. Fax 216 433-1640. Web:

� NYF Corp. is collaborating with Redpoint Controls LLC to study the feasibility of a supplier-managed inventory control system using intelligent storage containers. The project is funded by a $100,000 grant from a National Science Foundation small business research program.
�With the goal of elevating remote inventory to an automated level, Redpoint Controls and NYF have the opportunity to introduce an electronically based method to enhance the level of customer service and success throughout the entire manufacturing industry,� NYF president Roger Crosby said.
Crosby also announced NYF is implementing a point-of-use inventory replenishment system for all hardware parts used by International Fuel Cells of South Windsor, CT.
Founded in 1956, NYF distributes mechanical and electrical fasteners and assembly components. NYF is headquartered at 599 Industrial Ave., Paramus, NJ 07653. Tel: 201 265-8770 or 800 631-1993. Fax 201 265-3765. E-mail: Web:

� Olander Corporation moved from Redmond, WA, to a new office/warehouse in Woodinville, WA, which quadruples its space, general manager Bob Betts announced.
The new address is: 14101 NE 186th St., Woodinville, WA 98072. Tel: 425 483-9580. Fax 425 486-8220. E-mail: Web:
Founded in 1980, Olander distributes fasteners to the medical, aerospace and commercial electronics markets.

� Holt Cason is the new vice president for supply chain management at Purchased Parts Group Inc. Cason has 25 years in domestic and international procurement and materials management, logistics, co-location programs and minority supplier programs. He was director of corporate purchasing at automotive supplier Calsonic North America Inc.
Purchased Parts Group supplies Class C components, inventory management systems, subassembly, packaging and specialized logistics services to OEMs from distribution centers in the United States, Canada, England and Mexico. Purchased Parts is headquartered at 2700 Summer Ave., Memphis, TN 38112. Tel: 901 452-7491 or 800 488-3226. Fax 901 324-0232. Web:

� Bill Jesse is the new president and CEO of Valley Fastener Group. Jesse had been COO and succeeds Morton Lapides Jr.
The Valley Fastener Group includes Valley Rivet Co. Inc. of Aurora, IL; the Northcoast Rivet division in Elyria, OH; and the Forgo Fastener division in Melrose Park, IL. Founded in 1976, Valley Fastener manufactures semitubular, tubular, solid and shoulder rivets. Forgo manufactures cold headed specials. Valley Fastener is headquartered at 1490 Mitchell Rd., Aurora, IL 60507. Tel: 630 892-7070. Fax 630 892-4916. E-mail: Web:\

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