Maverick Tube Corp. completed the acquisitions of Tubos del Caribe S.A., substantially all of the equity interests in Consorcio Metalurgico Nacional S.A. (Colmena S.A.), and Advance Corp. on May 27, 2005.
Affiliated Distributors presented awards for “Greatest Overall Growth” to A.P. Supply Co. (Texarkana, Ark.) and Houston-based Piping and Equipment at its annual PVF Division Spring Network Meeting in Dallas, held in March.
As reported in Late-Breaking News in May Supply House Times, Newport News, Va.-based Ferguson Enterprises signed an agreement to purchase the assets of Full Service Supply (FSS), headquartered in Latrobe, Pa.
Expectations for 2005 remain high as 72% of manufacturing executives surveyed by the Institute for Supply Management (ISM) in its biennial economic “Report on Business®” forecast revenues to be greater in 2005 than in 2004.