December 2016 News

U.S. real GDP grows at 3.5 percent annual rate in Q3 2016
Real gross domestic income (GDI) increased 4.8 percent in the quarter.

Atlas Copco acquires Air Power of Nebraska
Acquisition strengthens Atlas Copco's Midwest presence and distribution.

New residential sales rise 5.2 percent in November
Rate trends 16.5 percent above November 2015.

Legrand raises $112,540 for the Red Cross 
Company raises funds through employee and company contributions for natural disaster relief efforts.

MBT offers spill kit tips
How to determine the right spill kit contents for any location.

MiTek opens new Atlanta warehouse and DC
New 45,600 square-foot facility enables rapid distribution of MiTek building products to customers within a 500-mile radius.

Viega announces 2017 first half training schedule
Training sessions to be held in Nashua, New Hampshire.

Southwire acquires Sumner Manufacturing
Acquisition strengthens and expands Southwire’s product offering.

ACPA names Tiefenthaler Chairperson of the Board
First woman to lead Concrete Pavement Association.

Mortar Net Solutions introduces Quick Tips video series
Videos provide short, informative tips for using Mortar Net products.

Residential construction starts slide in November
After hitting nine-year high in October, permits and starts fall as completions rise.

Common Ground Alliance names Sarah K. Magruder Lyle president
Becomes second president in organization's 16-year history.

Lowe's to rename 40 Rona stores in Canada
Store openings and more changes are on the way.

Hyde hires Gerald Overstreet as category manager
Overstreet will lead drywall and masonry products within for Hyde's construction division.

Arrow Fastener unveils new interactive website
Site matches tools to project needs, delivers how-to advice and new ideas.

PPG issues new industrial finishes brochure
Coatings products and technologies are highlighted for nearly two dozen industries.

MAX USA mourns the loss of Scott Ross
Midwest Sales Executive worked with MAX since 2012.

Intercorp opens new branch in Fairfield, New Jersey
New branch will offer same-day pickup for the New Jersey/New York area and one-day shipping throughout the Northeast. 

Viega names Matt Bohmer RSM for Great Plains
Bohmer brings 12 years of Viega expertise to new position. 

Yamaha acquires Subaru Industrial Power Products
Acquisition reinforces Yamaha's expansion into the multi-purpose engine market. 

PIP acquires Century Glove
Acquisition brings PIP president full circle: Joe Milot worked for Century until he launched PIP in 1984.

HD Supply 3Q sales up 3.4 percent
White Cap net sales increased 5.7 percent to $499 million, compared to Q3 2015.

Walter Tools to close Wisconsin production facility
Administration, sales, engineering and marketing functions will remain in Waukesha.

Lackmond appoints Jonathan Brock as Southeast territory sales manager
Brock has been with Lackmond since 2005.

Larson offers tax deduction tips for commerical lighting
Help your company and your customers take maximum advantage of Section 179D tax write offs for energy efficient commercial interior lighting systems.

AP Poll: Economists see 2.2 percent U.S. growth in 2017
Business economists say slow economic growth is the new normal.

Kaspersky Lab offers free cybersecurity eBook
How to train employees to avoid cyber threats.

U.S. GDP grows 3.2 percent in Q3
Corporate profits increase $133.8 billion in the quarter.

TECSYS reports Q2 2017 results
Recurring revenue rises 15 percent, dividend increases by 50 percent.

Dorner launches brand unification program
Unveils new umbrella corporate logos and taglines.

International Hardware Fair 2018 will be a four-day show
Positive consensus leads promoters to select four-day schedule again.