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February 23, 2017

 
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7 Key Players in the GOP's Border Tax Fight
The Hill
Republicans are fiercely divided over a key proposal in the House GOP tax reform plan, a measure that would hit imports with U.S. taxes while exempting exports. The border-adjusted tax was included in a tax blueprint House Republicans released in June, which is a starting point for upcoming legislation.
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PHCP-PVF Distributors Report Solid Start for 2017
American Supply Association
ASA’s Monthly Pulse Report provides a regular snapshot of performance for the PHCP-PVF industry. For the month ending January 31, 2017, wholesaler-distributors reported a median sales increase of 9.6% compared to the same month in 2016. Calendar year-to-date, all respondents also reported median sales growth of 9.6%, and the median increase for the trailing twelve months is also 4.5%. Inventory rose 3.1% compared to prior year, and the median three-months average days sales outstanding jumped from 42.0 to 45.8 days. Nearly half (49.4%) of the respondents reported an increase in gross margin percentages for January, 2017 versus 2016, and company YTD profit before taxes increased for 60.0% of the total sample. The percentage of respondents having more Full-Time Equivalent employees compared to a year ago increased from 49.4% in December to 52.9% in January. LEARN MORE
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Acquisition of Shurjoint Industries
Conbraco    Share   
The Shurjoint grooved connection technology will play an integral part in completing the total end-to-end connection capabilities of “Apollo” Flow Controls. This integration allows us to offer the most extensive and complete portfolio of connection and flow control devices of any other brand in North America. Additionally, this allows us to service a global market and expands our manufacturing capabilities into other geographies around the world. More
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Remembering Richard Laudino
Supply House Times
Remembering Richard Laudino, who died in early February after a year-plus-long battle with cancer at the age of 62.

In life sometimes things just click. That was exactly the case with Aaron & Co. co-owners Barry Portnoy and Richard Laudino.

Portnoy recently reflected on his business partner, who died in early February after a year-plus-long battle with cancer at the age of 62. Laudino, his brother, Frank Jr., and Portnoy represent the second generation of family ownership at the Piscataway, N.J.-based distributor.

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Codes and Standards News Update
American Supply Association
The Codes and Standards News page is updated periodically, as important news affecting the plumbing, PVF, and HVAC/Hydronics industry is released. Recent news includes:
  1. ASA Appointed to the ICC Plumbing, Mechanical, and Fuel Gas Code Action Committee
  2. ASSE Publishes Scald Awareness White Paper
  3. Minnesota Governor Announces New Goal to Improve Water Quality in Minnesota 25 Percent by 2025
  4. District Court Rules in Favor of Copyright Protection for Standards Incorporated by Reference into Federal Regulations
  5. The February 10, 2017 (Vol 48, # 6) and February 17, 2017 (Vol 48, # 7) issue of ANSI Standards Action are now available. The ANSI Standards Action document contains any public comments deadlines, new standards being developed and any call for members for American National Standard.
  6. EPA Proposing Revisions to the Reduction of Lead in Drinking Water Act
  7. EPA Investing in Researching Key Industry Issue
Please visit Codes and Standards News for the most recent industry news.

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Falcon Stainless of Temecula, CA and John Guest USA/UK joined up to create the strongest most secure Push-to-Connect water flex available anywhere! No inner tube to burst or kink! Only solid SS and genuine John Guest parts with a Lifetime Warranty. Got yours? Available in 1/2", 3/4" and 1" on a variety of connectors.


The 10 Commandments of Employee Onboarding
Career Builder
Effective employee onboarding has a positive domino effect: it ensures that new hires feel welcome and prepared in their new positions, in turn giving them the confidence and resources to make an impact within the organization, and ultimately allowing the company to continue carrying out its mission.
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Are You Ready to Take Your Training to the Next Level?
American Supply Association
Then look no further — ASA University has the program for you! The Master of Distribution Management (MDM) Certification Program is a first of its kind master's certification program designed by industry experts and focused specifically on the wholesale distribution industry. The opportunities offered in this program are both flexible and affordable. The MDM Certification Program helps your current and future leaders reach their highest potential for your company. Distinguish yourself from your competition with highly trained, MDM-certified managers. LEARN MORE
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ASA UNIVERSITY'S TOP ONLINE COURSES OF 2016

Have you purchased these courses? Enroll today!


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Women in Industry 2017 Spring Conference Registration


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Read the Latest from Morris Beschloss
American Supply Association
This week's news: Will Trump’s Offshore Penalty Revitalize Economy?

Want to read more from Beschloss? Click here to go to The Beschloss Perspective for a full archive of past articles.

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UID is Less than One Month Away!
American Supply Association
The University of Innovative Distribution is a concentrated educational program focused on the unique needs of the wholesale distribution industry. 2017 marks the 24th year that UID has been serving the supply chain. Known worldwide for excellence in education, UID is sponsored by the leading distribution professional associations, in cooperation with the Department of Technology Leadership and Innovation at Purdue University. Working together, these groups take great pride in providing a superior learning experience. REGISTER NOW
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ASA Insights
To contribute news, please contact ASA's Bill Erfort, 630.467.0000, ext. 212.

Colby Horton, Vice President of Publishing, 469.420.2601
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Bianca Gibson, Executive Editor, 469.420.2611   

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