ASA Insights
Aug. 19, 2010

ASA Members Continue Small Growth in July
American Supply Association
For the third consecutive month, ASA members reported a 3.3 percent improvement in per-workday revenues during July as compared to the previous year, although year to date the plumbing, heating and pipe, valve and fitting distributors are still behind by 0.2 percent of last year and 17.4 percent of 2008. As there was one fewer workday in July and year-to-date 2010 than in 2009, the raw monthly revenues for the industry members were down 1.5 percent for the month, 1.0 percent year to date and 17.4 percent as compared to two years ago.More

ASA Announces Venue Change for NetworkASA 2011
American Supply Association
In monitoring the economic climate of the past two years, ASA has made the decision to bring NetworkASA 2011 stateside and is pleased to announce that Las Vegas will host the industry's premier networking event. Mark your calendars now for Sept. 13 to 16, 2011, at the Bellagio Resort in Las Vegas. Until then, make sure you're registered for NetworkASA 2010: THRIVE in Chicago, Oct. 12 to 15.More

Obama Signs Bill to Aid Manufacturers
The Epoch Times
President Barack Obama signed a bill into law Aug. 12 to help American manufacturers and manufacturing jobs. The Manufacturing Enhancement Act of 2010 eliminates some of the tariffs manufacturers pay on imported materials used in production. The tariff reduction is expected to significantly lower costs for American manufacturing companies, giving a boost to those they employ. Before signing the bill, Obama took a minute to speak about the progress made in the manufacturing job sector and his commitment to the sector.More

ASA Welcomes A.O. Smith and State Industries as Platinum Level ASA Supplier Partners
American Supply Association
A.O. Smith and State Industries realized the potential the new ASA Supplier Partnership offers to companies for their benefit while supporting the industry and the association, and confirmed their support by participating in the program at the Platinum Level. "A.O. Smith is pleased to be an American Supply Association Platinum Supplier Partner in 2010." said James R. Margoni, senior vice president of wholesale sales. "A.O. Smith appreciates the forum ASA provides our wholesale distributors and their suppliers to openly discuss important issues in the marketplace, share best practices and utilize products and services within ASA that are designed to help manage and grow their business in challenging environments." A.O. Smith, one of the world's leading manufacturers of residential and commercial water heating equipment, is a leader in applying innovative technology and energy-efficient solutions to products marketed worldwide. State Industries, a leading manufacturer of commercial and residential water heaters, builds durability and state-of-the-art efficiency into every product. A.O. Smith and State Industries: a winning combination.More

Some Manufacturing Heads Back to US
USA Today
Faced with rising costs, General Electric is moving production of its new energy-efficient water heater halfway around the world. The country it's leaving? China. The one it's bringing 400 jobs and a newly renovated factory? The United States. A small but growing band of U.S. manufacturers — including giants such as General Electric, NCR and Caterpillar — are turning the seemingly inexorable offshoring movement on its head, bringing some production to the U.S. from far-flung locations such as China. Others that were buying components overseas are switching to U.S. suppliers.More

ASA New Member Spotlight: Best Plumbing Tile & Stone
American Supply Association
ASA welcomes as one of its newest members in 2010 Best Plumbing Tile & Stone, based in Somers, N.Y. According to President Jonas Weiner, "We joined ASA to show our support for the organization's actions representing the interests of our industry." When Mel and Adele Weiner opened the company's doors in 1960, they wanted to provide their customers with the opportunity to see products in a showroom — a concept then unheard-of in the industry. After Jonas and his youngest brother, Jess, joined their parents in the business during the 1970s, the family grew the showroom business to include four showrooms and two trade centers in Westchester (N.Y.) and Fairfield (Conn.) counties, serving many of the surrounding areas. Although the company has evolved and become more sophisticated in the last 50 years, the fundamentals have not changed: It's still a "people" business with the same level of high-touch service excellence. Today, the company continues to be family owned and operated with Mel's eldest granddaughter, Kymberly, joining the business in 2006 and a team of more than 80 professionals, including a sales force with an average tenure exceeding 10 years.More

Dates Confirmed for 2011 University of Industrial Distribution
American Supply Association
Mark your calendars! The 2011 University of Industrial Distribution will be held March 7 to 10 in the University Place Conference Center and Hotel in Indianapolis. UID is the industry's most popular institute of distribution-specific seminars covering sales, finance, management, leadership, personnel productivity and more. The program provides an excellent opportunity to align the development plans for your management and management candidates with excellent learning opportunities. Registration is not yet available; however, general information from the 2010 UID program is still accessible and will give you a great overview of the content and networking opportunities.More

Distributors and Vendors: Are You Getting the Most Out of Your NetworkASA Registration?
American Supply Association
How to make the most of your convention experience, Part 1 of 3
NetworkASA is packed with educational seminars on critical business practices and internationally known speakers covering topics from leadership principles to economic trends. But are you missing out on a highlight of NetworkASA? NETWORKING! ASA has put together three not-to-be-missed Vendor-Add On Events that are included in the distributor lineup: Wholesaler & Vendor Conference Appointments, IPD Open House (for IPD members only) and Industry Interchange. This week we focus on the Conference Appointments.More

Survey: Truckers See Credit Crunch Continuing
DC Velocity
Despite growing signs the trucking industry finally is recovering from a four-year recession, access to credit remains stubbornly tight and cautious truckers seem reluctant to borrow, according to a quarterly survey by M&A firm Transport Capital Partners. A second-quarter survey of about 160 truckers, most of whom have annual revenues of more than $25 million, found that 60 percent expected credit availability to remain unchanged during the next six months, with 15 percent expecting credit conditions to tighten. Only 25 percent forecast credit conditions to improve by year's end.More



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