Episode #72 - Open for Business

They say every time a door closes, another opens up. The federal government is back in business just as a venerated fastener supplier loses its battle to an aggressive industry rival. Meanwhile, fastener people from across the industry prepare for the annual pilgrimage to Vegas. BBI sales VP, Mr. Steve Andrasik, summarizes the Porteous acquisition. Rob Lucas, of Fidelis Fasteners, explains what the deal could mean for the industry, as well as the entire master importer model (1:09:23). On the Fastener News Report, Mike McNulty talks with BB&T analyst, Holden Lewis, on the shocking dip of the Fastener Distributor Index (42:27). Plus, Don “Solution Man” Shan explains developments at Solution Industries, including a new branch location and the addition of new A-team members (18:30). Hosts Brian Musker and Eric Dudas are glad to be open for business, especially as Brian describes his penchant for over-priced smart phone accessories. Run time: 01:44:21