The 2020 Mid-Year Economic Update_long

Day: May 3, 2007

Canada Prices Up 1.3% in March

Prices for petroleum and primary metal products caused prices for manufactured goods to surge in March. Raw material prices were pushed up mainly by prices for non-ferrous metals.

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From February to March, prices charged by manufacturers, as measured by the Industrial Product Price Index (IPPI), registered a fifth consecutive monthly increase. The&nbsp ; 1.3% rise in the index mainly reflected the strength of prices for petroleum and coal products and primary metal products.
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On a 12-month basis, the IPPI rose by&nbsp ; 4.8%, the strongest advance since October&nbsp ; 2004. The upward pressure came largely from higher prices for primary metal products and petroleum and coal products. The upward movement was tempered by a drop in prices for lumber and ...

DXP Enterprises to Buy Delta Process Equipment

DXP Enterprises, Inc. has agreed to buy Delta Process Equipment, Inc., a Southeastern U.S. supplier of industrial and municipal pump equipment and services, for $10 million.

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The unaudited sales and EBITDA of Delta Process for calendar 2006 were approximately $23 million and $2 million, respectively.
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Delta Process'territory stretches from Louisiana to Florida and north to Tennessee. Delta Process is a full service provider of pumps, pump repair and service, pump stations, water booster stations, sewage treatment plants, blowers, process gas compressors, controls, filtration equipment, and other ancillary products. Delta Process is fully equipped with fabricating, packaging and machining capabilities.
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John Jeffery, senior vice president ...