Young Black enjoyed a hugely successful 2 days at the recent Offsite show held at Excel centre in London in October. Previews and demonstrations of the new Rebar tying tools happened and a wide spectrum of other products focused on offsite construction for both timber and concrete products were on show. Specialised timber fixings were a big hit with existing customers and prospects alike. Y B personnel were on hand in numbers to give technical advice
Indutrade’s acquisition of Young Black Ltd completed
As announced in a press release on 22 June, Indutrade carried out the acquisition of all shares in Young Black Industrial Stapling Ltd (www.youngblack.co.uk), with annual sales of approximately GBP 10 million.
Young Black is a technology sales company selling a wide range of fastening products, pneumatic tools, compressors, hoses and couplings to British industry and construction companies.
Possession of the company takes place today and Young Black will be part of Indutrade’s Special Products business area.
The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 14 juli 2017
INDUTRADE AB (publ)
Young Black has introduced a nailing system that drives Stainless Steel, Full Round Head, Ring Shank nails for installing Cedar Shingles, and also Larch, Cedar and Thermowood cladding. This method significantly reduces the time and cost of using Silicon Bronze nails and Stainless Steel Staples to fix shingles, and has been used sucessfully in many cladding applications .
Young Black can supply nails from 32mm through to 90mm in length, and would be happy to discuss your fastening requirements with you to achieve the best, most cost effective solution.
Young Black Ltd, leading distributor of collated fastening systems for the timber frame industry, is investing more than £150,000 in a CE marking programme with BM TRADA Certification .The programme also covers Young Black’s European partners.
The driver, said Director Lawrence Young, is the forthcoming Construction Products Regulation, which from 1st July 2013 will make CE marking mandatory in the UK. ‘This is the most major investment Young Black has made in its 30-year history, but to beat the deadline we have to start the process now. Given our position in this sector, we feel it is our duty to set a high standard for the industry and to make our customers aware of the implications CE marking will have on their business.’
Young Black’s three-year testing and certification programme will cover not only CE marking to the newly revised product standard BS EN 14592: 2011 Timber Structures – Dowel Type Fasteners – Requirements, but also third-party BM TRADA Q-Mark certification for some product ranges. Young Black intends to have all its fasteners for timber and steel frame buildings and portable prefabricated buildings CE marked by 2013, rolling out the Q-Mark over the period of the contract.
CE marking will require initial type testing (ITT) to establish performance characteristics and compliance with BS EN 14592, carried out by a Notified Test Laboratory within the EU for all existing and new products or production methods. Mr Young said, ‘We looked at other test houses in Europe, but TRADA Technology was the clear technical choice as our partner in this process.’
Another requirement of CE marking is a documented factory production control (FPC) system and Young Black is working closely with its manufacturing partners overseas to meet the criteria. Mr Young stressed, ‘The Q-Mark goes significantly beyond CE marking in that it also demands regular audit testing of both the FPC system and quality on the production line. We will therefore be able to give our customers a guarantee of consistent quality as well as CPR compliance.’
Lawrence was appointed chairman of the UKTFA in January 2013; a role which he will hold for two years.
Lawrence joined the Board of the UKTFA (now STA) in 2007 and today stands as one of the longest serving members representing the interests of the supply chain. During Lawrence’s time on the Board he has represented a broad range of committees including membership and quality, plus delivery of the Association’s PR and marketing.