Global Fastener News

South African Fastener Manufacturer: Competing With Imports

August 15
00:00 2011

South African Fastener Manufacturer: Competing With Imports


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Impala Nut & Bolt SA (Pty) Ltd., located in the Wadeville, Germiston industrial section of Johannesburg, South Africa

Just as in North America and Europe, a South Africa manufacturer notices the price competition from imported fasteners.  Imports are the first fastener manufacturing problem Anthony Diamond mentions.
 

“In South Africa, we are faced with problems from imports and the ever increasing challenges we face with skills development in our industry,” the managing director of Impala Nut & Bolt SA (Pty) Ltd., told GlobalFastenerNews.com.
 

Impala answered the skills development issue by training internally.
 

Located in the Wadeville, Germiston industrial section of Johannesburg, Impala Bolt & Nut is an independent cold-forming manufacturer of large range of bolts, nuts and screws for a wide variety of industries – including construction, engineering, automotive and mining.

Impala Bolt was founded in 1995 by Anthony Diamond’s father, Aubrey Diamond.
 

Most of the fasteners Impala manufactures are sold in Africa.

“Impala’s focus has always been to sell to end users, although we have aligned with certain distributors whom we assist in increasing their market share. We have an understanding of cooperating with our distributors entirely so we do not compete at any stage.”

While more Americans know of “Impala” as a model of the Chevrolet produced since 1958, the bolt manufacturer is named after the southern African reddish-brown antelope with the characteristic “M” rear white marking. Web: impalabolt.co.za ©2011 GlobalFastenerNews.com 
 

• Subscribers may read the full Impala story from the FIN interview with Anthony Diamond by clicking here.

• Nonsubscribers may purchase the full Africa fasteners article by clicking on Article Store.

• Coming Wednesday with be a FIN interview with master distributor Rob Simes of UPL Socket Screws. On Friday distributor Daneel Herselman, general manager of BoltFast, will be featured.

 Visit our FIN Photos section to see three African fastener companies in action.

Related Stories:

• South Africa Master Distributor: India & Malaysia Top Suppliers in Price-Dominated Market

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