The 2020 Mid-Year Economic Update_long

Day: May 10, 2006

Beacon 2Q Sales Increase 87.3% to $322.4M

Buoyed by acquisitions, Beacon Roofing Supply, Inc., Peabody, MA, fiscal 2006 second quarter sales were up 87.3% to $322.4 million from $172.1 million in the same period last year. The strong numbers reflect organic growth of 24.1%, with strong sales in all three major product lines: residential roofing, non-residential roofing and complementary building products.Shelter Distribution, …

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First Quarter Machine Tool Consumption Up 4.8%

U.S. machine tool consumption was up 4.8% to $725.59 million in the first quarter 2006 compared with the same period last year, according to the American Machine Tool Distributors’ Association and The Association for Manufacturing Technology.March U.S. manufacturing technology consumption totaled $247.21 million, down 5.8% from February and down 10% from the total of $274.57 …

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Home Depot Buys Cox Lumber, Enerbank

Home Depot Supply Aims for $23-$27B by 2010The Home Depot to Buy Hughes Supply for $3.4BThe Home Depot to Acquire National WaterworksHome Depot Subsidiary White Cap Acquires Greenwald SupplyThe Home Depot to Acquire White CapCox LumberHome Depot Supply has expanded its presence on the East Coast with subsidiary Williams Bros. Lumber’s recent purchase of Florida-based …

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Power Transmission/Motion Control Sales Up 12.6% Over March 2005

U.S. distributors’ year-to-date sales of PT/MC products rose 11.7 percent through March. Sales in March increased 3.9 percent over February 2006 and were up 12.6 percent as compared with March 2005, according to Power Transmission Distributors Association monthly trend data.For March, the confidence level of U.S. distributors rose to 7.3 from 7.0 in February on …

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News Digest 3609

acquire aviation parts distributor Aviall, Inc., Dallas, TX, in an all cash merger for $1.7 billion. Boeing will also assume about $350 million of net debt as part of the transaction. Aviall’s 2005 revenue was $1.3 billion, with more than 25 percent growth expected in 2006. More …Buoyed by acquisitions, Beacon Roofing Supply Inc., Peabody, …

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ISM Forecast: Economic Expansion to Continue in 2006

Economic growth in the U.S. will continue in the second half of 2006, say the nation’s purchasing and supply management executives in their spring 2006 Semiannual Economic Forecast. The projections are part of the forecast issued by the Business Survey Committee of the Institute for Supply Management (ISM).Expectations for 2006 remain high as 72 percent …

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MDM May 10, 2006

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