While it is hard to predict anything with certainty during these times, there does seem to be agreement that the current tariffs imposed by the United States on steel goods will continue for the foreseeable future.
The PVF Roundtable Board of Directors announced Krystal Hatfield as a new board member. Hatfield is the chief marketing officer for OK Pipe and Fittings and is introducing a new media exposure initiative to PVF Roundtable members.
The majority of distributors agreed that while they know the workforce and customer base are aging, they aren’t yet feeling a prominent shift related to business practices and customer habits.
Now that the dust has settled from the general election and the U.S. Senate runoff election in Georgia, there is no doubt that the 117th Congress will have the closest partisan balance in modern history.
ASA’s Pulse sales report shows member distributor respondents enjoyed an average sales growth of 4.4% and a median growth of 6% during the fourth quarter of 2020, while distributor respondents doing business primarily in the industrial pipe, valves and fittings channel continued to report declines.
Effective January 1, PACE Supply has reached an agreement with three companies: J.W. Wood Co. (J.W. Wood), Northern Industrial Sales and All Air Supply to purchase their organizations complete with four locations, including two plumbing showrooms.
REHAU announced the promotion of Dr. Thomas Troeger from CMO to CEO of the Americas region. The regional executive board of REHAU Americas, with headquarters in Leesburg, Va., includes Dr. Thomas Troeger, chief executive officer (CEO); Theo Haast, chief financial officer (CFO); and Terry Barnaby, Head of Operations (COO).
AD announced it has completed mergers with SafetyNetwork and Delta Distributors, the group’s 11th and 12th mergers since it started in 1981 and its fourth and fifth in the last two years. Both mergers were effective Jan. 1, 2021.