September 2010 News

GeP annouces Suite 5.0 for procurement pros
Integrated platform provides superior visibility across procurement lifecycle.

U.S. GDP climbs 1.7 percent from Q1 to Q2
Residential investment climbs 25.7 percent for quarter.

Long Beach approves $1.1B bridge replacement
$1.1 billion project is expected to employ 4,000 workers a year for five years.

Milwaukee Electric Tool Announces Chance to Win Tools for Life
One winner will get his choice of tools (valued up to $500) every year for 20 years.

MAX USA hires new West Coast regional sales manager
Lewis Wood takes over West Coast region.

Cengage partners with Grainger to sell training products
Products cover building and construction, drafting/engineering, electrical, EMS, fire, HVAC-R, industrial technology and welding trades.

NACB schedules crane safety training courses
Will focus on the new OSHA Construction Safety Standard 1926.1400.

Residential sales flat in August
Estimated sales show no change from July 2010 but tumble 29% from August 2009.

STAFDA issue of Contractor Supply blasts previous record
Exceeds every metric set last year including page counts, advertising pages and more.

DDI Enhances Sales Dashboards
Adds more than 12 new standard report views to software package.

New Building Code for Sustainable Construction Emphasizes 'Functional Resilience'
Building requirements developed by PCA, IBHS stress durability as well as energy efficiency and other green building requirements.

Housing starts climb in August
Both single- and multi-family starts climb.

Southwest Fastener adds "solar-powered" fleet
Adds solar-panel-fitted Prius cars to vehicle fleet.

HD Supply quarterly sales up
Reports 2010 Q2 net sales $2.0 billion, an increase of $1 million over Q2 '09.

MAPI survey: Recovery to continue
Job and wage gains buoy modest recovery; but private nonresidential construction  declines 21 percent.

Rubbermaid announces partnership with recycling organizations of North America
Multi-year commitment will boost waste diversion, promote corporate commitment and responsibility and offer discounts on over 400+ products.

NetPlus Alliance promotes Jennifer Murphy
Named Vice President and Chief Operating Officer.

Generac named Supplier of the Year
Is recognized by True Value and Northern Tool and Equipment.

IRONCLAD Marketing, Inc. adds Odegaard as Account Manager
Will be responsible for creative and strategic planning, media planning and project management.

Obama announces $50 billion infrastructure plan
Calls for 150,000 miles of roads, 4,000 miles of rail lines and 150 miles of airport runway over next six years.

AGC: Construction industry added 19,000 jobs in August
But sector's 17% unemployment rate was the highest August rate ever.

Boeing progresses on giant $750M Dreamliner jet plant
1.2 million-square-foot building has been under construction for nine months, and is on schedule to be completed next July.

Atlas Copco acquires Kramer Air Tool
Atlas Copco Tools & Assembly Systems LLC has agreed to acquire the sales and marketing operation of its Kramer Air Tool Inc., Farmington Hills, Mich.

IDEAL launches new TightSight Clamp Meters with "Cash 4 Clamps" campaign
Electricians receive rebates up to $100 plus a free Voltaware tester when they replace their old clamp meter with new industrial-grade Ideal 660/1000A TightSight.

Fed Officials Call for More Housing Help
Federal Reserve officials attending a Fed conference reviewed the housing crisis and called for more programs to address broader issues.

Manufacturers' Shipments, Inventories and Orders edge up in July
Upward trend continues.

Bidding opens for $450M California light-rail project
Project tests trend toward public-private partnerships.

St. Louis to Chicago high-speed rail line is on track
New rail line will cost $1.1 billion.

Commercial Real Estate Yields Spur Investors
Yields on U.S. commercial real estate are nearing a record high compared to Treasury bonds. Many investors take that as a signal to buy property.

L.H. Dottie Announces Distribution Agreement with Precision Designed Products, Inc.
Becomes exclusive electrical market distributor of Checkpoint Professional brand levels.

Valley Supply Co. hosts "green" home improvement seminars
Events promoted Navien tankless water heaters.

July 2010 U.S. Construction at $805.2 Billion Annual Rate
Year-to-date total construction lags 2009 rate by 11.8 percent.