2006

August U.S. manufacturing technology consumption totaled $300.15 million, according to AMT – The Association for Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total, as reported by companies participating in the USMTC program, was up 3.4% from July and up 2.1% from the total of $294.10 million reported for August 2005. With […]

US Electrical Services, LLC (USESI), Exton, PA, today has opened two new locations for Monarch Electric Company.  The first location in Ronkonkoma, NY, will service the Long Island market. The manager for this location is Jim Lehane, an industry veteran of 15 years. Lehane was most recently the product manager at R& L Industrial. The second location in

Accellos Inc., Colorado Springs, CO, a provider of logistics, transportation, warehouse and mobile fleet management solutions has acquired Radio Beacon, Inc., Toronto, Ontario, and Headwater Technology Solutions Inc, also in Toronto. Radio Beacon is a provider of warehouse management (WMS) technology solutions for the logistics industry. Headwater is a provider of technology solutions for the logistics

Stuart C. Irby Co., Jackson, MS, a subsidiary of Sonepar USA, has acquired CW Utilities. Through this acquisition Irby will add one location in Houston, TX, to its utility footprint. CWU is a provider of logistics and procurement services to Centerpoint Energy and the south Texas public power market and manages high value-added alliance contracts. ‘One

HD Supply has acquired Burrus Contractors Supply, a distributor of concrete accessories, forming systems and fabricated rebar. Burrus expands HD Supply business White Cap Construction Supply’s product line and reach. Burrus, established in 1928, operates in three locations in Texas and one in Louisiana. White Cap is a business of HD Supply, the wholesale division of Home

Ryerson Inc., Chicago, IL, announced that its wholly owned subsidiary, Joseph T. Ryerson & Son, Inc. has acquired Lancaster Steel Service Company, Inc., a metals service center in upstate New York.Lancaster was founded in 1963 and operates from facilities in Lancaster and Liverpool. Lancaster distributes carbon flat rolled, plate, bars, tubing and structural steel and

WESCO International Inc., Pittsburgh, PA, has agreed to acquire Communications Supply Holdings Inc. from Harvest Partners LLC, a New York-based private equity firm.CSC, the operating subsidiary of Communications Supply Holdings, Inc. with headquarters in Carol Stream, IL, was founded in 1972. CSC had 2005 sales of $431 million and year-to-date sales as of Aug. 31,

Swiss fastener distributor The Bossard Group reported sales increased 8.4% in the second four months of its fiscal year, to 184 million Swiss franc, or US$147.86 million. Group sales for the first eight months of the year were 376.8 million franc, or US$302 million. Sales in North America fell 10.2% in the second third of the

The ERIKS group has agreed to acquire Turpen & Associates Inc in Tulsa, OK, a distributor of seals, bearings and industrial plastics.  With approximately 45 employees, Turpen has annual sales of $11 million and supplies its products directly to industrial manufacturers (OEM customers) in the oil and gas industry in Oklahoma and the surrounding states. Sales

Building Materials Holding Corporation, San Francisco, CA, a provider of construction services and building materials to professional residential builders and contractors, announced its subsidiary, SelectBuild Construction, has agreed to acquire Willis Roof Consulting Inc. Willis provides roofing services for high-volume production homebuilders in the greater Las Vegas, NV, market. For the 12 months ended June 30,

Construction spending in August was estimated at a seasonally adjusted annual rate of $1,200.7 billion, 0.3% above the revised July estimate of $1,196.8 billion. The August figure is 4.4% above the August 2005 estimate of $1,150.3 billion. During the first eight months of this year, construction spending amounted to $793.2 billion, 7.2% above the $739.9

The Timken Company, Canton, OH, announced it would be cutting 700 jobs, or 5% of its Automotive Group employment. The manufacturer blamed the step on worsening conditions in the North American automotive industry. Declines in North American automotive production are expected to negatively impact the company’s overall third-quarter and full-year 2006 results, which continue to benefit

Mayer Electric Supply Co., Birmingham, AL, will acquire the distribution operations of Higgins Electric Inc., Dothan, AL.The service, construction, air compressor and motor shop departments of Higgins are not part of the sale, and Higgins will continue those operations, the Birmingham Business Journal reported.Higgins operates in south Alabama, northern Florida and west Georgia. The company

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for August 2006:  Building PermitsPrivately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,722,000. This is 2.3 percent (1.2%) below the revised July rate of 1,763,000 and

July U.S. manufacturing technology consumption totaled $278.47 million, according to AMTDA, the American Machine Tool Distributors’ Association and AMT, The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down 14.6% from June but up 26.5% from the total of $220.21 million reported for July 2005. With a

Global electrical distributor The Rexel Group, Paris, France, has acquired two more distributors in North America. The announcement follows the recent acquisition of GE Supply, GE’s electrical distribution business, which essentially doubled Rexel’s sales in the U.S. Rexel acquired DH Supply, a U.S. distributor of electrical and telecommunications products based in Doraville, GA. With this acquisition,

Steel service center Worthington Industries, Inc., Columbus, OH, saw sales growth of 12% for the first quarter ended Aug. 31, 2006, with sales of $778.7 million. First quarter 2007 net earnings were $43.2 million, up 52% from the same period last year.OutlookDemand in two of Worthington id=bwanpa5>’s key end markets, commercial construction (especially office buildings)

The Home Rubber Company, Trenton, NJ, has acquired Ivanhoe Rubber Company, Tullytown, PA, whose customer base is focused on rubber molders and OEM accounts throughout the country. “Our partnership with Home Rubber makes sense on every level,” says Ivanhoe chief Richard Dobuski. “I’ve concentrated on high-end, highly technical and mill spec compounds for the past 15

Facility Solutions Group, a national energy-service company (ESCO), will acquire O.K. Electric Supply Co., Perth Amboy, NJ, a full-line electrical distributor focused on the energy retrofit market on the East Coast. Through its Energy Solutions division, a fully functioning ESCO, the 87-year-old O.K. Electric Supply serves industrial and commercial customers in the New York and New