ASA Insights
Feb. 28, 2013

ASA Debuts Forecasting Publication
American Supply Association
As part of its recently introduced forecasting program, ASA launched a monthly member publication in December titled ASA Advisor. Published in conjunction with the Institute for Trend Research, ASA Advisor not only provides a monthly competitive advantage to ASA members, the regular update also will help them plan for the economic future of their companies. More

Industry CFOs to Identify Key Industry Trends, Performance
American Supply Association
ASA will be conducting a meeting of its CFO Networking Council on Friday, March 15, at the Omni Chicago Hotel. The council is a professional peer-networking group designed to engage CFOs and others in like positions within our industry, and allows participants to connect, network, stay informed and ahead of industry trends. At the event, Tom Noon, Principal and Founder of Industry Insights, will be presenting a session titled Don't Leave Profits on the Table – Key ASA OPR Trends and Usage Tips for Profit Improvement. The session also will include an analysis of industry company profit leaders, with an emphasis on what has been learned from their successes. More

House Republicans Throw Gauntlet Down on Tax Reform
American Supply Association
There are a number of privileges that come with being in the majority in Congress. Depending on your party, you can block your opposition's initiatives, or, in this case, you have the right to launch your own. Traditionally, bill numbers are introduced sequentially by the chronological order of introduction, save for numbers 1–10. Those are reserved for the Speaker of the House, who announced on Tuesday that H.R. 1 will be introduced to reform the tax code.More

April Safety Webinars to Address Revised OSHA Hazard Communication Standard
American Supply Association
Join Louisa Mayers, Director of Regulatory Services at MSDSpro LLC, for a one-hour presentation on how OSHA HCS 2012 affects U.S.-based employers, the wholesaler and distributor in particular. This webinar, scheduled for 2 p.m. Eastern on Tuesday, April 9, covers a variety of informational topics.More

World Plumbing Day March 11
American Supply Association
World Plumbing Day, to be recognized on Monday, March 11, is an international event initiated by the World Plumbing Council to recognize the vital and largely misunderstood role that plumbing plays in everyone's daily lives. The aftermath of events such as last year's Hurricane Sandy, 2010's devastating earthquake in Haiti and the 2011 tsunami in Japan reveal how easy it is to take for granted the availability of safe drinking water and sufficient sanitation systems — until those systems cease to function properly. Click here to learn more about World Plumbing Day and what your company can do to recognize our industry's important role in keeping society healthy and safe.More

Copper Recovers from Italy Vote on Bernanke, US Data
Reuters
Copper edged up Tuesday as upbeat U.S. housing and consumer confidence data offset worries about a deadlocked Italian vote, and as investors were relieved to hear the Federal Reserve defend its ultra-loose monetary policy. Benchmark three-month copper on the London Metal Exchange ended up 0.30% at $7,858.50 a tonne, bringing losses for the year to just under 1%. The metal earlier hit a two-month low of $7,785 a tonne.More

Is Anything Safe from the Automatic Budget Cuts? Actually, a Few Things Are
NationalJournal
Yes, the across-the-board cuts in federal spending that will begin this week are blunt. And it's true they will affect many corners of the government. But big swaths of the government are safe. In fact, it's a lot easier to identify what's been spared the ax than what hasn't, according to the nonpartisan Congressional Research Service.More

Boehner: Tax Reform to be H.R. 1
The Hill
Speaker John Boehner signaled Tuesday that he will push major reform of the tax code by reserving pole position — H.R. 1 — for that massive legislative undertaking. The decision, confirmed by the Ohio Republican's office, underlines the GOP's determination to press ahead with the first rewrite of the tax code since 1986 despite concerns within the party.More

F.W. Webb Acquires Bergen Industrial Supply Co.
F.W. Webb Company
F.W. Webb Company recently announced plans to acquire Bergen Industrial Supply. Based in Elmwood Park, N.J., Bergen was founded in 1965 and distributes industrial pipe, valves and fittings to manufacturing companies across northern and central New Jersey. This acquisition highlights strengths of both companies, extending Webb's Northeast footprint as well as expanding their wholesale distribution channel in New Jersey. More

Manufacturing Stumbles But Seen Regaining Footing
Reuters
Manufacturing got off to a weak start this year as motor vehicle output tumbled in January, but a rebound in factory activity in New York state this month suggested any setback would be temporary. In a further sign the sluggish economic recovery remains on track, consumers were a bit more upbeat early this month even as they paid more for gasoline and saw an increase in taxes reduce their paychecks, other recent data showed.More