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Latest Finding: Design Engineers Buy Most Bryce Security Screws

Oct 08, 2012

Last month, we analyzed and categorized the different types of industries our customers represent and surprisingly we found nearly 40% of them are design engineers. The industries within the category of Design Engineering varied from aerospace, medical device, original equipment manufacturers to electronic monitoring devices. As we dug deeper into analyzing why the bulk of our business comes from design engineers, four common themes surfaced.

Here are the top 4 reasons:

Negligence, strict liability, breach of warranty, consumer protection, and medical malpractice claims plague our economy with nearly 300 billion dollars each year according to a 2007 study conducted by L.J. McQuillan and H. Abramyan. This amount was based on annual damage awards, plaintiff, and defense legal fees associated with tort-based litigation where medical malpractice and product liability cases dominated. It has forced design engineers to spend time anticipating potential risks and take necessary steps to safeguard against them. We are grateful for the opportunity to innovate a product that helps protect liabilities in our customer’s progressive designs. Their contributions in science, technology and engineering are vital in maintaining a prosperous economy.

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Bryce Fastener is the world leader in high security locking bolts and fasteners, security screws, tamper proof and tamper-resistant screws.

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