Not all Hispanics working in construction are undocumented immigrants working at trade labor levels, said Rick Schwolsky, editor-in-chief of El Nuevo Constructor, a Spanish-language magazine distributed to 35,000 Hispanic and Latin contractors.
Atlas Copco, a global industrial group of companies based in Stockholm, Sweden, said it plans to sell its electric tool business, which consists of two divisions: AEG Electric Tools, acquired in 1991, and Milwaukee Electric Tool, acquired in 1995.
Noland Co. (Newport News, Va.) opened a newly built $5 million, 51,000-sq.-ft. sales and distribution center in Bonita Springs, Fla., to serve as headquarters for its growing network of plumbing and HVAC branches in southwest Florida.
Orlando, Fla.-based Hughes Supply has acquired Todd Pipe & Supply, Hawthorne, Calif., which Hughes described as “the largest independent wholesale plumbing supplier in the high-growth markets of Southern California and Las Vegas.”
Robert (Bob) L. Rombach of Dearborn, Mich., an independent manufacturers rep, received a pendulum clock and a plaque from Basco Shower Door Co. in recognition of his 31 years spent representing the company in Michigan.
GROHE America Inc., announced that Texas Pacific Group (TPG) and Credit Suisse First Boston Private Equity (CSFB Private Equity) have purchased German-based parent GROHE Water Technology AG through a consortium agreement with previous owner BC Partners (BC Funds).
PVF insiders paint a more positive marketplace outlook going forward, but still with a hint of caution sprinkled in. SWA President David Popek helps PHCP distributor VAMAC thrive in the Mid-Atlantic region. Read more stories in 2017 August Issue.