Diversified manufacturer tells Bloomberg the spending will happen in the next 12 months.
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Premier Supply is building materials distributor Bradco’s fifth expansion this year.
Largest job losses were in construction, manufacturing, retail trade, and government.
More industries see growth in ISM’s monthly manufacturing report.
Energy segment sales posted 5% growth during the fourth quarter as a result of acquisitions made.
The building materials and plumbing supplies distributor reduced headcount by 9,848 globally during the year.
Electrical and communications product distributor to open new distribution center, administrative offices.
Residential construction expected to expand beginning in the second half of 2009.
August’s Leading Economic Index increased for the fifth consecutive month.
Regionally, year-to-date, housing starts continue to be down by double-digits.
Manufacturing production also expands; capacity utilization rate advances to 69.6%.
On an unadjusted basis, Producer Price Index is down from a year ago.
MonotaRO is now a part of Grainger’s international market; the Japanese company had 2008 sales of $136 million.
