On April 20, UBS raised its
rating on Wolseley and said the group now has “the flexibility to restructure
and reorganize, and prepare for recovery in an orderly fashion.”
Heating, Airconditioning and Refrigeration Distributors International
(HARDI) announced national HVACR distributor sales for the month of February
2009 were -12.7%.
The California Plumbing Code has approved PEX, and in response Uponor has launched its new www.CaliforniaPEX.com microsite to educate consumers and builders about the material’s benefits.
The North Central Wholesalers Association
reported significantly negative sales for the first three months of 2009 based
on a survey of 23 wholesalers.