The Associated General Contractors of America adopted a resolution at its annual convention in March seeking “equitable adjustment of fixed-price contracts to compensate contractors for the unprecedented rise in steel prices.
Flowserve Corp. had 2003 sales of $2.4 billion, up 7% from the prior year, with preliminary net income of $51.2 million, compared with $49.9 million in 2002.
“I've seen nothing like it since the 1970s,” commented Alan Lipp, executive vice president of Merit Brass about the furious metals price run-up that hit the industry starting late last year and continuing without letup as this article is written in early March.
Six U.S. steel pipe manufacturers have petitioned the International Trade Commission to impose antidumping duties on producers of welded carbon steel line pipe from China, Mexico and South Korea.
The following manufacturers rep firms received awards from Basco honoring 2003 sales achievements for Basco shower doors and Celesta luxury glass enclosures:
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