Transaction expected to be completed this fiscal quarter.

Acquisition of Houston-based company expands Midland offerings.

NAPCO Royal Pipe and Fittings announced the new NAPSYS-HR PVC DWV (drain-waste-vent) product system is now available to customers.

Webstone, a brand of NIBCO, introduces the new Thermostatic Mixing Valve for high-temperature solar heat sources.

All six sizes of the NPT threaded S250 series, from 1/2” to 2”, have been certified lead-free to NSF/ANSI 61 by the methods prescribed in NSF/ANSI 372.

Aluminum results mixed.

Valve prices according to the Producer Price Index were up 0.3% month‐over‐month in October (flat last month). On a year‐over‐year basis, prices were up 2.3% (up 2.8% last month).

Nickel prices have fallen over the past 30 days to @$6.80 per lb. ($7.71 in the last update).

The resin increase scheduled for October didn’t happen and some are forecasting a slight dip in November.

We expect to see a ~5% increase by mid‐2020 on the back of projected steel scrap increases.