Demand for plumbing fixtures and fittings in the United States will rise 7.1% per
year to $10.9 billion in 2015, according to a new study by The Freedonia Group.
The pickup for total construction in August was
the result of greater activity for each of construction’s three main sectors - nonresidential
building [7 percent], residential building [4 percent] and nonbuilding
construction [13 percent]. For the first eight months of 2011, total
construction on an unadjusted basis was down 6 percent from the same period a
year ago.
GP
Russ Chaney, CEO of The IAPMO Group, was elected chairman of the
World Plumbing Council for a term covering 2011-13 during the 9th World
Plumbing Conference, Sept. 7-11, in Edinburgh,
Scotland.
Founded in 1946, the Novi,
Mich.-based company has grown to include distribution and manufacturing facilities
in Michigan, California,
North Carolina and Texas.
Fluidmaster Inc., the world’s largest
manufacturer of toilet tank components and trim announced its acquisition of
Opella Limited based in Hereford,
England.
"Reports from the 12 Federal Reserve districts indicated that economic
activity continued to expand at a modest pace, though some districts noted
mixed or weakening activity," the Fed reported.