March 2011 News

U.S. Manufacturing adds to gains in February
New orders flat for month; shipments and inventories continue gains.

Upbeat CONEXPO draws 120,000
Attendees from 150 countries attend triennial big iron bash.

Hyde Issues New Merchandiser for 14-in-1 Multi-tool
New point-of-purchase display is designed to maximize retail space.

MSC Industrial Direct Co. Releases 2011 Catalog of Norton Abrasive Products for Metalworking Applications
New 64-page catalog significantly expands product categories offered.

Port infrastructure projects open up thousands of jobs in California
Thousands of workers are needed for port-related infrastructure work in California. This year alone, there is about $3 billion worth of work. Steelworkers, painters, engineers and general construction workers are all needed.

Pending Home Sales Rose in February
Pending home sales increased in February but with notable regional variations, according to the National Association of Realtors.

Bosch upgrades Joe the Pro Blog Site
Joe the Pro construction blog gets new address, changes format and expands capabilities.

Tompkins Industries Hires Chaney and Marshman
Chaney is new local outside sales rep for Kansas and Missouri; Marshman is Lead Application Engineer.

The Home Depot Announces $2 Billion Senior Note Issuance and $1 Billion Accelerated Share Repurchase Program
Share repurchase is in addition to previously announced intention to repurchase approximately $2.5 billion of outstanding shares throughout 2011.

Bon Adds 30 New Tools and Materials
New products are featured in spring 2011 catalog.

CSDA Elects 2011 Board and Officers
2011 Board members were elected at the 39th Annual CSDA Convention and Tech Fair, held March 10-12, 2011 in Bonita Springs, Florida.

CONEXPO draws the crowds
CONEXPO 2011 draws 2,000 plus exhibitors, 100,000 plus attendees.

Long Pause for Japanese Industry Raises Concerns About Supply Chain
Japan’s vaunted “just in time” approach to business has become “wait and see.”

Topcon launches social media sites
Topcon Positioning Systems debuts new sites on Facebook, Twitter and YouTube.

AGC Issues Plan to Revive U.S. Construction
Associated General Contractors of America outlines measures to boost private and public construction activity.

Ideal Appoints Mike Weiby as Product Development Manager
Will lead cross-functional team to implement new product development for Ideal and its subsidiaries.

JCB Opens New West Coast DC
New parts facility opens in Fontana, CA.

The Home Depot to Move Black Friday to Spring for Second Year in a Row
Spring Black Friday events set for four weekends beginning March 17.

Today's History Lesson: The Triangle Shirtwaist Fire
March 25 marks the 100th anniversary of the deadly Triangle Shirtwaist fire.

Global construction market will surge through 2020
The global construction market will swell 70% by 2020, driven by China, India and the U.S., according to a report by Global Construction Perspectives and Oxford Economics.

PHD Manufacturing Partners with ISAT Seismic Bracing
Strategic partnership will deliver attachment products and seismic bracing services that ensure building code compliance.

Columbus McKinnon Sponsors ICHC Conference
Industrial Crane & Hoist Conference is scheduled for March 22 in Chicago.

Mortgage Purchase Activity at Highest of Year
Mortgage applications for purchases rose to their highest level of the year last week, the Mortgage Bankers Association reports.

Multiquip hydrogen fuel cell powered light tower named best of show
Wins World of Concrete show's Most Innovative Product award in General Tools and Equipment category.

Craftsman Launches Industrial Tools Line
Professional tools are sold through an independent distribution network.

Frost Adds Bosch Power Tools Center in St. Louis
Addition makes Frost one of only three Bosch Systems Specialist (BSS) dealers in Missouri.

Construction Industry Adds 33,000 Jobs in February
Industry may have benefitted from improving winter weather.

Activant Introduces Business Rule Engine for Distributors
DynaChange Rules empowers users to develop logic tailored to their businesses.

AmeriMix Expands to Western States with New Look
Superlite and CPM to produce AmeriMix brand products.

IDEAL Names Adam Teipel Regional Sales Manager for Western Electrical Sales
Will report to Joe Saganowich, Vice President of Sales and Marketing for IDEAL.

ABC Supply Co. Inc. Promotes Tom Whitcomb to Customer Financial Services Director for Midwest Region
Will direct all credit and collection activities for the Midwest region.

Wind-lock Releases 2011 Drywall Tool and Weatherization Catalogs
Catalogs cover traditional EIFS, ICF, stucco and weatherization products and new drywall tool line.

U.S. Manufacturers continue gains in January
New orders climb 3.1 percent for month.

MovinCool Extends Stay Cool in Winter Rebate Offer
Rebate period extended to March 31, 2011.

Construction Spending Drops to Decade-Long Low in January
Plunging private nonresidential spending outweighs federal stimulus.

Grabber nails down acquisition agreement with HS Fasteners
Acquisition adds professional-quality nails and tools to Grabber line.