PIP President Holtz Adds CEO Title
Protective Industrial Products previously announced in September 2022 that Curt Holtz was appointed the new company president.
January 19, 2023
Mill Steel Co. Acquires Cleveland Metal Exchange
Mill Steel will assume processing and supply for CME's manufacturing, automotive and construction industry customers.
Construction Input Prices Dropped 2.7% in December
Overall, construction input prices are 7.9% higher than a year ago, while nonresidential construction input prices are 7.6% higher, ABC said.
HARDI Distributors See 12.2% November Revenue Increase
The 12.2% sales growth was the slowest monthly increase since July 2021, said HARDI Market Research & Benchmarking Analyst Brian Loftus.
NAW: U.S. Debt Default Would Devastate Distribution Industry
The U.S. hit its debt ceiling on Jan. 19. Here's what that could mean for the economy, and what NAW said it could mean for distributors.
OSHA Raises Maximum Penalty Fines by 7.7%
Maximum penalties for serious and 'other-than-serious violations' will increase from $14,502 to $15,625 per violation, OSHA said.
Fastenal’s Growth Decelerated in 4Q as Non-U.S. Sales Hit $1B
Though solid, sales and profit growth were considerably smaller than the previous several quarters.
