ASA Insights
Mar. 7, 2013

Bob Woodward to Headline Plumbing Industry Breakfast at NetworkASA 2013
American Supply Association
Bob Woodward, regarded as one of America's preeminent investigative reporters and non-fiction authors, will headline the Plumbing Industry Educational Forum & Breakfast, brought to you by Kohler, at NetworkASA 2013, to be held Oct. 2-4 at the Renaissance Washington DC Downtown. Woodward was a young reporter for The Washington Post in 1972, and was teamed up with Carl Bernstein to handle most of the original news reporting regarding the Watergate scandal. Woodward and Bernstein's reporting led to numerous government investigations and the eventual resignation of President Richard Nixon. Click here for a NetworkASA 2013 "Save the Date" postcard, which will be mailed out within the next two weeks. In addition, watch your mail for a full NetworkASA 2013 brochure in late April.More

CFOs Meet Next Week to Identify Key Industry Trends, Performance
American Supply Association
ASA will be conducting a meeting of its CFO Networking Council next 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

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 Hazard Communication Standard 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. An additional webinar will be held the following day at the same time for manufacturers. Click here for more details. More

KBIS 2013: We're Feeling Confident — Are You?
American Supply Association
Housing starts are up. Consumer confidence is rebounding. We are poised to be part of something big. You've seen and heard the news. We are experiencing increased home sales in virtually every market of the country. The Dow has reached its highest peak in five years. Homeowners are re-entering the market — cautiously.More

Time to Check Your Pulse
American Supply Association
Each month, ASA partners with Industry Insights to compile data from wholesaler members that provides a snapshot on industry performance and how it relates to the broader economy. The value of this report is directly related to the number of wholesaler firms that contribute data each month — the greater the number of respondents, the more comprehensive and useful the report and accompanying analysis. The participation deadline for wholesaler members to submit data for the February 2013 report is March 12. Click here to learn more about the FREE and EXCLUSIVE benefit that ASA members frequently use when making key decisions.More

Robertson Heating Supply Expands
Robertson Heating Supply
Robertson Heating Supply recently announced that it has completed a purchase agreement with Palmer-Donavin for the assets of their HVAC divisions in Columbus and Cincinnati, Ohio. President Scott Robertson commented that this acquisition is in accordance with Robertson's strategic plan for continued growth in the HVAC and plumbing wholesale channel.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

Fracking Revolution Could be US Treasury's Salvation Despite Federal Resistance
The Beschloss Perspective Blog
With hydraulic fracturing (fracking) still wallowing in its embryonic state, while already producing millions of oil barrels, and billions of British thermal units (BTUs) of natural gas, it's already under a full scale assault by an environmentalist lobby that has the political, as well as the ideological backing of the administration and its powerful policymaking machinery.More

Private Equity Owners Plan HD Supply IPO
Private equity owners are preparing to take HD Supply public, nearly six years after buying the industrial distribution company out of Home Depot Inc. for $8.5 billion, three people familiar with the matter said. Bain Capital, Carlyle Group and Clayton, Dubilier & Rice, the buyout firms who jointly led the deal in 2007, plan to interview investment banks next week to select underwriters for the proposed initial public offering, the people said.More

Reshoring Trend Continues to Grow
Modern Distribution Management
More evidence is appearing that the trend of near-sourcing or reshoring is expanding. More than 70% of durable goods manufacturers increased sourcing of materials and services from U.S. suppliers last year, according to buying consortium Prime Advantage's 2013 Group Outlook Survey. Even those who aren't sourcing more from the U.S. are sourcing closer to home.More

US Home Prices Rose by Most in Nearly Seven Years
The Associated Press via Industrial Distribution
U.S. home prices jumped in January, a sign the housing market is gaining momentum as it nears the spring selling season. Home prices rose 9.7% in January from a year ago, according to data released by CoreLogic. That's up from an 8.3% increase in December and the biggest annual gain since April 2006. Prices rose in all states except Delaware and Illinois. And prices increased in 92 of the 100 largest metro areas, up from 87 in December. Home prices also rose 0.7% in January from December. That's a solid increase given that sales usually slow over the winter months.More