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ASA Home   Membership   Education   Advocacy   Networking   Benchmarking June. 23, 2011
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A Busy Spring for ASA
American Supply Association    Share   Share on FacebookTwitterShare on LinkedinE-mail article
ASA President Bill Kenny (left) and
NCWA President John Strong at the
NCWA Annual Convention.
This spring, four of the American Supply Association's independent regional affiliates and two of its divisions have hosted conventions and conferences, with one more event to take place next week. All of these programs have represented outstanding educational and networking opportunities for local wholesalers, manufacturers, service vendors and independent manufacturer reps.

Industrial PVF Comes Roaring Back in May for ASA Members

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Momentum is growing across the board for American Supply Association members as they are reporting increasing growth and are finally getting back to 2008 revenue levels. May 2011 produced another very strong overall 9.2 percent improvement in per day revenues as compared to the same month in 2010; up 14.2 percent as compared to 2009 and down a mere 1.8 percent as compared to 2008. Plumbing, heating and pipe, valve and fitting distributors are up 6.1 percent YTD and 5.9 percent on a rolling 12-month basis. These revenue growths are balanced well based upon both geographic location and size of distributor. The only exception to this revenue diversity is the California market, which is lagging the other geographic areas on a rolling 12-month basis. On a monthly and year-to-date basis, California is comparable. More

I.V. Introduces New Butterfly and Ball Valve

Industrial Valco, long known for representing the top manufacturers of industrial valves and fittings has now expanded its product offering to include its own brand of "IV" valves. In the tradition of "only the best" the "IV" butterfly valve comes standard with D/I body & 316SS disc, free of external pins.

Central Chiller Plant Courses in the Works from ASAEF
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Newest 3D Schematic Training Set to Debut Later This Year

The ASA Education Foundation currently is developing a new online interactive training program called the 3D Commercial Schematic©. Building upon the success of the popular 3D Residential Schematic©, the 3D Commercial Schematic© has been designed to educate and train employees in wholesale distribution on the many different types of commercial pipe, valves, fittings and components that play an essential role in the functionality of a commercial building — in this case a typical hospital. First up: the Central Chiller Plant.

Political Contribution Disclosure Opposition Continues
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Backing up its ongoing opposition to a pending White House executive order regarding political contributions, business leaders now are taking their fight to the floor of the House and Senate. Last week, joining with more than 150 trade and business groups, ASA wrote to Senate leaders in support of an amendment to the National Defense Authorization Act. The amendment, sponsored by Sens. Susan Collins, R-Maine, and Rob Portman, R-Ohio, would prohibit the White House from forcing the Department of Defense to require entities like ASA members to disclose their political spending in order to supply essential equipment to nearby military installations. As Tip O'Neil once said, "all politics is local." Controlling local procurement decisions with such overt political scrutiny only serves to slow our economic recovery. To learn more about executive authority regarding federal procurement, click here.

Does Your Warehouse Manager Know Your Company's CSA Score?
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The Federal Motor Carrier Safety Administration has developed new accountability standards to establish a new nationwide system for making the roads safer for motor carriers and the public alike. Called Compliance, Safety, Accountability, CSA 2010 scores all companies in seven safety categories and replaces the old SafeStat system. This means a "compliant" company under the old system may be considered "out of compliance" under the new scorekeeping system. Did you know that the higher your company scores, the more likely your company will be targeted for roadside inspections and on-site investigations? This is a new regulation that started in December 2010, and not many warehouse and fleet managers are informed of this regulation. The more you know, the better off your company will be in making sure to be compliant with all new regulations in our industry. Click here for more information on this topic, and here to contact Ruth Mitchell regarding joining the ASA Warehouse & Operations Networking Council.

Amazon Bestseller Marks to be Featured at NetworkASA 2011
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The featured speaker for Sept. 14's Educational Session at NetworkASA 2011 will be No. 1 Amazon Small Business Best Seller Gene Marks. In addition to being a bestselling author, Marks writes a weekly online column for Forbes and The New York Times. His books include The Streetwise Small Business Book of Lists (2006) and his latest offering, In God We Trust: Everyone Else Pays Cash - Simple Lessons from Smart Business People (2010). He owns and operates The Marks Group PC, a highly successful 10-person firm that provides technology and consulting services to small and medium-sized businesses. At NetworkASA 2011, he will discuss "tricks of the trade" that he has learned from thousands of business owners, and he will explain how he learned to do things a little quicker, better and wiser. Click here to read some of Gene's client success stories. For a full lineup of NetworkASA 2011 speakers, a schedule of events and online registration info, click here.

Manufacturing Confidence in US Economy Drops Sharply
Modern Materials Handling    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. manufacturing leaders have turned pessimistic regarding the U.S. economy, according to Grant Thornton LLP's most recent Business Optimism Index, a quarterly survey of U.S. manufacturing business leaders. Only 40 percent believe the U.S. economy will improve in the next six months, down from 60 percent three months earlier. At the same time, 26 percent believe the U.S. economy will get worse, up from 3 percent. "There are many factors causing concern amongst U.S. manufacturing leaders," said Wally Gruenes, Manufacturing Practice Leader at Grant Thornton LLP. "Soaring energy and raw material costs and Japanese manufacturing supply chain disruptions are weighing heavily, as are unresolved U.S. debt reduction issues and a corporate tax rate that still puts the U.S. at a global competitive disadvantage." More

Bernanke May Prolong Record Stimulus
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Federal Reserve Chairman Ben S. Bernanke probably will delay the central bank's exit from record stimulus, economists said in a survey, giving the flagging economy a boost without resorting to additional asset purchases. Seventy-nine percent of 58 economists expect Bernanke to sustain the Fed balance sheet at current levels until October or later, compared with 52 percent who held that view before the Fed's last policy meeting in April, according to a Bloomberg News survey. Ninety percent of those surveyed predict the Fed will wait until the fourth quarter before dropping its pledge to hold interest rates low for an "extended period." More

Leo Hindery Jr.: Why We Need a Manufacturing Renaissance — Economically and Ethically
The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Anyone deeply concerned about the current almost unprecedented real unemployment rate of more than 18 percent and about the ongoing jobless recovery must first focus on resuscitating our depleted manufacturing sector. Especially given the current political mood in Washington concerning new federal expenditures, this focus will require the Obama administration to seriously rethink its approach to trade, particularly toward China. There are many economic imperatives behind this conclusion. At the same time, the ethical imperative for (again) having a robust manufacturing sector is central to our national well-being. Yet just as the economic imperatives often are overlooked, so is the ethical imperative very often dismissed out of insensitivity or otherwise put aside in deference to our culture of greed. More

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