Reprint from LINK, Winter 2021
Have you ever considered why most fastener suppliers, whether a distributor or manufacturer, tend to predominantly supply customers in a single market segment? In other words, consider for a moment, aerospace and automotive customers, it is extremely rare for a fastener supplier to support both industries. Although rare, it is not unheard of for a company to supply different market segments. In fact, I can cite several examples of manufacturers that have operations focused on different market segments, including several companies which have construction and automotive focused operations and one that has both aerospace and automotive focus. However, without exception, these operations are supported separately from different sites or as completely separate and independent operating divisions.