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ASA Home   Membership   Education   Advocacy   Networking   Benchmarking Jun. 7, 2012

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If You Are Reading This, You Likely Missed Out
American Supply Association    Share   Share on FacebookTwitterShare on LinkedinE-mail article
The momentum and enthusiasm that ASA's Young Executives Division has built over the past five years paid big dividends for participants last month at the annual Spring Forum in New Orleans. The event, sponsored by the ASA Education Foundation and Watts Water Technologies, attracted its largest attendance in 10 years with 75 attendees representing two industry buying groups, 31 wholesalers, 19 manufacturers/vendors and four independent manufacturer representative firms. More

ASA Seeking Nominees for Prestigious Fred V. Keenan Lifetime Achievement Award
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
ASA currently is seeking nominees for the prestigious Fred V. Keenan Lifetime Achievement Award. The award is presented to individuals with a long history of service and dedication to our industry. The individuals who previously have received the award have had a record of significant accomplishment, and have been well recognized for their positive industry influence. More

When the Industry Pulls Together, ASA Works For You
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For 30 years, ASA's Operating Performance Report has helped our industry craft and communicate a meaningful message to our elected officials in Washington, D.C., so that they better understand how their decisions impact your business, AND it is a P-H-C-P and industrial P-V-F wholesaler's single, best resource for complete, accurate and up-to-date comparative financial performance information. The OPR is a prime example of a tangible benefit for an individual company as well as what can be accomplished for an industry when an association's members pull together. If your company has not already participated, please click here to download a complete copy of the survey questionnaire. The participation deadline has been extended through Friday, June 15.

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House Bill Rolls Back Taxes in Health Care Law
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
This week, the House moved a number of bills combined into one, which would eliminate a number of scheduled taxes designed to essentially pay for the current law being implemented today and in the future. A number of provisions were believed to assess additional fees or taxes on things such as insurance plans in the fully insured market, a tax on makers of medical devices, and preventing those who have set up and funded their own Health Savings Accounts from purchasing over-the-counter medications. More

Big Changes in College Health Plans
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Some colleges are dropping student health-insurance plans for the coming academic year, and others are telling students to expect sharp premium increases because of a provision in the federal health law requiring plans to beef up coverage. The demise of low-cost, low-benefit health plans for students is a consequence of the 2010 health care overhaul. The law is intended to expand coverage to tens of millions of uninsured Americans, but it also is eliminating some insurance options. More

Residential Construction Spending Increases by 2.6% in April Amid Concerns with Nonresidential, Employment Sectors
USGlass Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Residential construction spending rose 2.6% in April and is up 6.2% compared to the same time last year, according to the June 1 report by the U.S. Census Bureau. Overall, total construction spending — which includes both nonresidential and residential — is up 0.3% for April and up 6.8% from one year ago, according to the study. But, according to Associated Builders and Contractors chief economist Anirban Basu, the real concern lies in the nonresidential sector. More

Copper Ends Up as Risk-On Trade Lifts Wider Market
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
London copper prices rose for the first time in five sessions Wednesday and U.S. copper futures also rose amid optimism for a European rescue of Spain's troubled banks that helped spur gains in other risk asset markets. Copper rose in tandem with a more than 1 percent rally in U.S. and European equity markets and a firmer tone in the euro as investor sentiment improved on news that Germany and European Union officials were urgently exploring ways to rescue Spain's debt-stricken banks. More

When Motivating Employees, Expectations are Everything
Industrial Distribution    Share    Share on FacebookTwitterShare on LinkedinE-mail article
During the 1930s researchers from Harvard University conducted productivity studies at Western Electric's Hawthorne facility that demonstrated how management attention generates immediate productivity increases. However, sustained, long-term productivity is facilitated when management communicates the consistent message that employees will perform to the expectations of established standards. More

Find Success by Hiring Young Entrepreneurs
American Express OPEN Forum    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Throughout our lives we are constantly searching for "kindred spirits." Whether it's in our social lives, love lives or professional lives, we struggle to find like-minded individuals. So why don't we apply this search to our hiring processes? Usually we search for people who have the right skill set, and attitude to become a part of our team. Doesn't it make sense to find those who strive for the same goals that we do? More

Economists: Shale Gas Boom Could Bring Manufacturing Jobs Back to US
The Plain Dealer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The shale gas boom hitting Ohio, Pennsylvania and several other states could provide a major advantage to manufacturers in the United States — cheap energy that could significantly cut the costs to produce goods here, a group of economists said. "By 2025, the manufacturing sector alone could save $11.5 billion in energy costs," Robert McCutcheon, an economist with consulting group PwC, said at a manufacturing summit hosted by the Federal Reserve Bank of Cleveland. More

Cities Leading an American Manufacturing Revival
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In this still tepid recovery, the biggest feel-good story has been the resurgence of American manufacturing. As industrial production has fallen in Europe and growth has slowed in China, U.S. factories have continued an expansion that has stretched on for more than 33 months. In April, manufacturing growth was the strongest in 10 months. There are a number of reasons for this revival. More

ASA Insights
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Patrick McCoy, Senior Content Editor, 469.420.2603
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