November 2024 News
STAFDA Members Enjoy Music City USA for 48th Annual Convention
Nearly 2,800 distributors, manufacturers, and rep agent members joined the party in Nashville, Tennessee for the Specialty Tools & Fasteners Distributors Association’s 48th Annual Convention & Trade Show, November 10-12.
Stihl Names new Vice President of Sales
Stihl Inc. has announced the appointment of Asif Azhar as vice president of sales, effective November 11, 2024.
Van Meter Awarded Rockwell Automation's Bradley Cup
Van Meter Inc. was named the 2024 Distributor of the Year and awarded the Bradley Cup during Rockwell Automation’s “Make it Matter” Automation Fair in Anaheim, California on Tuesday, November 19.
Streamlight Donates $20,000 to Breast Cancer Research
Streamlight Inc. continued its commitment to the Breast Cancer Research Foundation with a $20,000 donation to support breast cancer research and prevention.
Homeland Security to Authorize an Additional 65,000 H-2B Visas
The Department of Homeland Security (DHS), in consultation with the Department of Labor (DOL), recently announced that it intends to authorize an additional 64,716 H-2B temporary nonagricultural worker visas available for fiscal year 2025.
Higher Mortgage Interest Rates Slow Housing Production in October
Housing starts edged lower last month as average monthly mortgage rates increased a quarter-point from 6.18% to 6.43% between September and October, according to Freddie Mac.
AD Launches Second Cohort of Leadership Experience Program
AD’s Center for Independent Distributor Leadership launched the second cohort of its Leadership Experience Program, a four-year certification program designed for current and next-generation executives of AD independent distributor member companies.
Executive Changes Position Dodge Network for Next Phase of Growth
Dodge Construction Network has announced significant business milestones including executive changes and the successful closing of a financing transaction.
Bobcat Expands Use of Machine IQ Remote
Bobcat Company has expanded its Machine IQ Remote Engine Disable/Enable technology to function with additional products in its lineup.
Energy Prices Drive Material Costs Up in October
Analysis of U.S. Bureau of Labor Statistics data by the Associated Builders and Contractors shows that construction input prices increased 0.3% in October.
OTR Names New Sales Team Leaders
OTR Engineered Solutions has named new sales leaders for both its construction and agricultural segments.
NetPlus Alliance Unveils Award Recipients at 2024 Annual Meeting
NetPlus Alliance, an industrial and contractor supply buying group, hosted 760 attendees representing 173 distributor and 168 supplier companies at its eleventh annual meeting in San Antonio, Texas, Oct. 26-29, 2024.
California Concert Venue Features Bilco Acoustical Smoke Vents
A new indoor concert and entertainment venue in California improved its fire safety risk by incorporating acoustical smoke vents from Bilco into its design.
First Supply Announces New Michigan Branch
First Supply, a wholesale distributor of plumbing, HVAC, and industrial supplies, recently announced the opening of a new branch north of Detroit, Michigan.
Milwaukee Expands PACKOUT System with New Attachments
Milwaukee Tool has expanded its PACKOUT Modular Storage System with eight new attachments.
Wright Honors Employee Milestones
Wright has announced the winners of its 2024 service and achievement awards.
Niftylift launches ClipOn, a New Safety Device
Niftylift has launched ClipOn, a retrofittable safety device that gives access platform operators a visual and audible reminder to connect their harnesses before operation.
Simpson Strong-Tie Joins in California Home Build
Simpson Strong-Tie partnered with Valley Contractors Workforce Foundation (VCWF), the nonprofit arm of the Valley Contractors Exchange, to raise walls for a new home in Paradise, California.
Guardian Announces Pedro Caceres as New CEO
Guardian has announced the appointment of Pedro Caceres as its new chief executive officer.
NEFCO Expands Reach with Acquisition of Total Tool Supply
St. Paul-based Total Tool Supply has been acquired by NEFCO, a specialty supply partner to the professional construction trades.
Construction Spending Rises 0.1% in September
A recent federal report shows that construction spending rose 0.1% in September, totaling $2.15 trillion at a seasonally adjusted annual rate.
Festool Launches New Limited Edition Combo Kits and Other Accessories
Festool is launching a series of new accessories and limited edition bundles ahead of the holiday season.
Topcon Expands Topnet Live Coverage Area
Topcon Positioning Systems has announced a major addition to its reference station service, Topnet Live.
Maryland Man Sought in Theft of Over $3 million Worth of Construction Tools
A warrant is out in for a 52-year-old Jessup, Maryland man indicted for the theft of $5-6 million worth of construction tools.
Aspen Pumps Group Acquires Malco Tools
Malco Tools Inc., a manufacturer of tools for the HVAC and building construction industries, has been acquired by Aspen Pumps Group.
Gold Rattler Wash Plant Thrives with Tsurumi Pump
Nevada gold miner and business owner Allan Guthmiller, known for the Gold Rattler wash plant, has found success with the Tsurumi HS2.4S submersible trash pump.
Alabama Park Wins $100,000 Makeover from Bobcat
Ivan K. Hill Park in Winfield, Alabama, is the winner of the $100,000 Bobcat Park and Rec Makeover Contest hosted by Bobcat Company.
Eagle Merchant Acquires Majority Stake in Concrete Franchisor
Eagle Merchant Partners, a private equity firm specializing in franchise, multi-unit, and commercial services, has acquired a majority stake in Sam the Concrete Man, one of the largest residential concrete service franchisors in the U.S.
Point of Rental, AccountsIQ Announces Syrinx Integration
Point of Rental has announced a new integration between Syrinx and AccountsIQ, providing hire businesses with a powerful, cloud-based financial management solution.
Key Promotions Drive Growth at FastenMaster
In a strategic move to accelerate growth and enhance leadership, OMG Inc. has announced key promotions within its FastenMaster team.
CONTRACTOR SUPPLY MAGAZINE
The October/November 2024 of Contractor Supply magazine is here!
Our cover story, A Rewarding Passion - Dale Hahs II, third-generation of Denver's AIS Industrial & Construction Supply, is STAFDA's incoming 2025 president.
A Special STAFDA section featuring a welcome address, an agenda, session previewss by presenters and much more. Also in this issue are our Industry Updates on: Lifting, Moving and Material Handling; Lasers, Levels and Measurement; Hand Tools; Cordless Power Tools; Drill Bits and Cutting Tools; and Toolboxes, Bags and Belts.
This digital edition, sponsored by BECK AMERICA Inc., is fully searchable and contains live links to every advertiser and new product listing. Click away!
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