IDA Universal

May/June 2022

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I DA U N I V E R S A L M a rc h -A p r i l 2 0 2 2 3 CONTENTS FEATURES DEPARTMENTS 4 Editor's Notes 7 President's Post 11 IDA Movers and Shakers 17 Trends and Tidbits 27 Nuts and Bolts 24 Trade Update 44 Advertisers Index 45 Trade Show Calendar Editor Sheila Andrews Art Director Bonnie Hickman INDEPENDENT DISTRIBUTORS ASSOCIATION 3030 LBJ Freeway Suite #125 Dallas, Texas 75234 Ph: 972-241-1124 Fax: 214-722-7658 info@idaparts.org www.idaparts.org IDA Universal is the offi cial publication of the Independent Distributors Association. Published fi ve times annually, it is mailed to IDA Members and prospective members. Please send address correc- tions to the association offi ce listed above. References are made in this publication to Original Equipment Manufacturers. ese trademarks are used for identifi cation purposes only. e information contained in this document is the confi - dential, proprietary, trade secret property of the Independent Distributors Association ("IDA") and is for the sole and exclu- sive use of IDA and its members. Any other use of this information or distri- bution to others is strictly prohibited. Unauthorized use of this material may subject the user to federal and/or state criminal and civil penalties under law. Meet the New Avant-Garde Businessmen Over forty years ago, a company was established that is now the spear- head of the industrial gasket sector: World Gasket Ellegi. UNIVERSAL 12 What Distributors Are Saying About the Labor Situation While there are plenty of jobs to be had, the challenge to recruit and retain talent has soared 32 Q&A: Here's How Fastenal is Built to Handle Disruption e company has managed its supplier relations since early 2020, and has leveraged its network amid all the pandemic and supply chain disruptions. 40

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