May 25, 2006

Rexnord Corporation, Milwaukee, WI, a manufacturer of precision motion technology products, announced that an affiliate of the private equity firm, Apollo Management, agreed to buy RBS Global, Inc., the corporate parent of Rexnord, for $1.825 billion from private equity firm The Carlyle Group and management. The transaction is subject to government approvals and other customary […]

Overall Construction SpendingDuring the first three months of this year, construction spending was $253.5 billion, 9.2 percent above the $232.1 billion for the same period in 2005. Construction spending during March 2006 was estimated at a seasonally adjusted annual rate of $1,199.1 billion, 0.9 percent above the revised February estimate of $1,188.7 billion. The March

…Strategic Distribution Inc., Bristol, PA, reported its revenues for the three months ended March 31, 2006, increased $7.7 million, or 26.5 percent, to $36.7 million from $29 million in the same period last year. The company recorded a net loss of $1.096 million, compared with a net loss of $1.601 million for the same period

The metals industry continued to consolidate in 2005, as leading producers sought to control the rising cost of raw materials by purchasing suppliers outright, according to a recent PricewaterhouseCoopers report, “Forging Ahead: Mergers and Acquisitions Activity in the Global Metals Industry 2005.”Further mergers and acquisitions activity is likely, and China will be a significant source

markets:Alberta: $55 billion sold in 2005, up 15.5 percent. Sharp increases in oil prices accounted for much of the increase in sales by machinery wholesalers, as oil companies have accelerated their investments.Manitoba: Personal and household goods performed well as a result of positive economic conditions. The Agreement on Textile and Clothing, which imposed quotas on

Square D distributor; authorized distributors inflate the price of Square D’s products; the authorized distributors do not maintain adequate stock; Square D coaches and trains its distributors to obfuscate and to be manipulative; Scott purchases Square D products by the “trailer load”; Scott uses its quality control department to test its Square D products; and

Direct orders to branches instead of a central facility to avoid compounding costs with internal transfers. A downside to this strategy is that it may challenge in the areas of inventory and staffing.Analyze Replenishment PracticesJust-in-time inventory replenishment requires more frequent and smaller deliveries. This usually requires the use of LTL, or Less Than Truckload, Miklovic

Monomoy Capital Partners, L.P. announced that its portfolio company, Barjan LLC, distributor of consumer products to travel centers, truck stops, car washes and convenience stores, has acquired the Astatic Mobile Communications business from Omnitronics, LLC.Astatic has been the leading manufacturer of aftermarket CB microphones and other CB radio equipment for over 70 years. An innovator