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ASA Home   Membership   Education   Advocacy   Networking   Benchmarking Aug. 2, 2012

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WinWholesale's Schwartz and Embassy's Gumm to Receive Inaugural Plumbing Division Award of Excellence
American Supply Association    Share   Share on FacebookTwitterShare on LinkedinE-mail article
The American Supply Association's Plumbing Division's Executive Committee is proud to announce that the inaugural Plumbing Division Award of Excellence will be presented to both WinWholesale CEO Rick Schwartz and Embassy Buying Group retiring Executive Director Wally Gumm at the ASA Plumbing Industry Educational Forum & Breakfast, to be held Thursday, Oct. 18, at the Hilton Orlando Bonnet Creek Resort in Orlando, Fla. More

NetworkASA 2012 On Track to Be a Sold-Out Event!
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In just a little over two months, NetworkASA 2012, your industry's premier networking and educational event, will take place Oct. 17-20 in Orlando, Fla. With recently added speakers George Foreman and Alan Beaulieu and new workshops on Lead – Sustainability Planning, ESOPs and a State of the Industry Presentation by Michael Werner, we are very quickly heading toward a sold-out event! We already have sold more than 65% of our hotel room block, so please don't delay in registering and making your hotel reservations. Click here to register online and visit for further details. In addition, if you are planning to participate in the PAC Golf Outing on Tuesday, Oct. 16, please contact Ruth Mitchell at 630-467-0000, ext. 210, to secure your space and to make your hotel reservation.

Using Performance Data to Guide Your Future
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For 30 years, ASA's Annual Operating Performance Report has served as the PHCP and PVF industry's basis for benchmarking individual company performance against typical and high-profit performers among selected industry segments and demographics. The OPR is an invaluable resource for wholesale-distributors and vendors alike because... More

Need Growth or an Exit?

Every business needs growth and an exit strategy. A national distributor of plumbing, PVF, HVAC, electrical and waterworks products, WinWholesale offers wholesalers a way to leave the business or grow. With 522 locations, we know how to succeed. If you need a path forward, contact us at more

Industry CFOs to Discuss Credit, Banking Relationships in Chicago Next Month
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Seasoned banking executive Ted Kopczynski of Citibank, N.A., will provide ASA member CFOs insight into negotiating lines of credit, ins and outs of private equity capital, and strategies for building banking relationships at ASA's upcoming CFO Networking Council meeting, to be held Friday, Sept. 21, at the Chicago Marriott Magnificent Mile. Further meeting information is available by contacting Margaret Bean at 630-467-0000, ext. 211.

Congress Makes Case to Country
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
This week, the House and Senate will wrap up several consecutive weeks of working in Washington, where they spent the month of July communicating, messaging and voting, but sadly, very little governing. Hoping to cast their political adversaries in a negative light, both sides have managed to advance their party's priorities in anticipation of the campaign battle that lies ahead. More

Aug. 13 Webinar to Focus on Hazard Communication Standard
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
ASA's Safety Committee encourages member compliance and safety officers to take advantage of an upcoming webinar held by a fellow OSHA Alliance Partner, the Society for Chemical Hazard Communications. The webinar, titled Hazard Communication 2012 - The Revised Standard and What Changes You Can Expect in the Workplace, will be held from 1-2:30 p.m. EDT on Monday, Aug. 13. This webinar will review the major changes to Hazard Communication Standard, aligning it with the UN Globally Harmonized System of Classification and Labeling of Chemicals. It also will cover changes including updated training, labeling and safety data sheet requirements. More

NetworkASA 2012 Speaker Rothenberg on Senate Races
NationalJournal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
What do Mitch McConnell, Harry Reid, Charlie Cook, Stu Rothenberg, the Democratic Senatorial Campaign Committee, and the National Republican Senatorial Committee have in common? They all see control of the Senate in the 113th Congress as an even-money bet. NationalJournal also sees it the same way. While conventional wisdom at the beginning of the cycle suggested that the number of Democratic seats up for election this year gave Republicans a better-than-even chance of taking control, Democratic recruiting efforts, fate and circumstances have intervened. More

Rising Home Prices Show Traction in Housing Recovery
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Home prices rose for the fourth month in a row in May, suggesting the recovery in the housing market continued to gain traction, even as the broader economy wobbles. Other data Tuesday showed consumer confidence unexpectedly rose in July but spending fell in June for the first time in nearly a year as Americans saved more. The S&P/Case-Shiller composite index of 20 metropolitan areas gained 0.9% in May from April on a seasonally adjusted basis, topping economists' expectations for a 0.5% gain. More

New Orders for Manufactured Durable Goods Up 1.6% in June
Modern Distribution Management    Share    Share on FacebookTwitterShare on LinkedinE-mail article
New orders for manufactured durable goods in June increased $3.4 billion or 1.6% to $221.6 billion, the U.S. Census Bureau announced in its Advance Report. This increase, up two consecutive months, followed a 1.6% May increase. Excluding transportation, new orders decreased 1.1% . Excluding defense, new orders decreased 0.7%. Transportation equipment, up four of the last five months, had the largest increase, $5.1 billion or 8% to $68.8 billion. More

Construction Employment Declines as Economic Growth Slows, Public Sector Cuts Back
AGC of America    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Construction employment declined in 162 out of 337 metropolitan areas between June 2011 and June 2012, increased in 127 and stayed stagnant in 48, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that construction employment declined or remained unchanged in most metro areas as the public sector continued to cut back on investments in new construction and infrastructure and economic growth slowed. More

Euro-Area Manufacturing, Services Shrink for Sixth Month
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Euro-area services and manufacturing output contracted for a sixth month in July, adding to signs of a deepening economic slump. A composite index based on a survey of purchasing managers in both industries in the 17-nation euro area was unchanged at 46.4, the same level as in June, London-based Markit Economics said today in an initial estimate. A reading below 50 indicates contraction. More

Exports: Center Stage in US Manufacturing Revival
IndustryWeek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Peter Perez began his career in manufacturing four decades ago, companies had competitors across town or in their own state, but typically not outside the United States. Now, says Perez, deputy assistant secretary for manufacturing in the Department of Commerce's International Trade Administration, the competition is overseas. As a result, exports are "increasingly important to our economic health and to our growth." More

What's Happening to Copper?
Schaeffer's Investment Research    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The one-time measure of economic strength through the price of copper has been almost totally diminished with the housing crash. When real estate was flying high, the demand for copper wiring and piping was a good barometer of trend power. Not so much anymore, with crude oil a better global indicator of growth through the emerging market ability to pay higher prices. Copper still has a role as an industrial metal, as possible insight into the commodity riddle of where China falls in the cycle of expansion or contraction. More

ASA Insights
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