Market Size And Growth Forecast:The industrial fasteners market size has grown strongly in recent years. It will grow from $89.73 billion in 2023 to $95.04 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%.
About Fastener MaterialsGeneral Fasteners are manufactured in a wide range of materials from common steel to titanium, plastic and other exotic materials. Many materials are further separated into different grades to describe specific alloy mixtures, hardening processes, etc. In addition, some materials are available with a variety of coatings or platings to enhance the corrosion resistance or alter the appearance of the fastener.
Our company held staff assembly meeting on March 1st, 2024. Our general manager made a speech and proposed the gold we should achieve this year. The chief of every department also made a speech one by one in the meeting.
Commonly used head styles include flat head, oval head, pan head, truss head, round head, hex head, hex washer head, socket cap head and button head.
There are various drive types including Phillips drive, Freason drive, slotted drive, combination drive, socket hex drive, Allen drive, one way drive, square drive, star drive, torx drive.
Our company held year-end dinner party on Jan.13th, 2024. Our company founder Mr. Zhao made a speech. Our factory director and factory manager also spoke in the party. Some of our staff had wonderful art performance including dancing, singing, magic show and poetry reading.
We installed an optical automatic examinating & filtering machine in our packing workshop to greatly improve our product qualfied rate and accomplish 100% inspection before packing.
Two automatic packing machines were set up in our packing workshop to speed up