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Purchase price is $12.80 per share.
Company will operate as Grand Junction Pipe.
Distributor named to Business Journal list of largest privately held companies in Silicon Valley for eighth straight year.
Economic outlook remains positive, with solid growth to continue in second half of 2018.
Growth in the second quarter reflected accelerations in consumer spending and exports.
Manufacturing sales grew 0.9 percent in July due to higher sales in the transportation equipment and chemical industries.
72% of NetPlus distributor members expect sales growth in 2018
Partnership combines analytics with prescriptive pricing and purchasing optimization
National Association of Manufacturers expands member services with purchase of the Manufacturing Leadership Council.