Industrial Fasteners Institute
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Industrial Fasteners Institute
The Industrial Fasteners Institute (IFI) is an American non-profit Trade association, trade and standards organization and publisher, based in Independence, Ohio. It was founded as the American Institute of Bolt, Nut and Rivet Manufacturers in 1931 and changed its name to the IFI in 1949. Among their publications is the frequently cited ''IFI Fastener Technology Handbook'', a reference frequently used as a design guide by mechanical engineers, machinists, and others involved in the production of high-quality machine screws, bolts, nuts, and other engineered fasteners. Leadership Herman H. Lind became the organization's executive vice president in 1937. Frank Masterson was elected president of the institute by its 200 members in 1953 and assumed office in January 1954. The organization's chair for the 2023–24 term is Gene Simpson. Activities The IFI has established industrial standards. One such standard is "IFI Standard 125", which concerns various forms of thread-locki ...
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Trade Association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence p ...
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