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January 2012 News

148 of 337 Metro Areas Add Construction Jobs Between December 2010 and 2011
Construction spending increases 4.3 percent year over year.

Construction Begins on Massive Irvine Community
New project in Irvine, CA on former Marine base will have nearly 5,000 homes and 1.2 million square feet of commercial space.

Construction Spending Climbs Most in 4 Months
Construction spending in the U.S. rose in December at the fastest pace in four months, reflecting broad-based gains that signal the industry is stabilizing.

First Report: World of Concrete 2012
Annual concrete extravaganza generates good numbers and strong expectations.

Arrow Fasteners Announces Contest Winners
$10,000 Dream Room Contest draws 15,000 entries.

Hyde Tools Launches New Web Site
Web site, YouTube and digital catalog provide how-to info and more.

Major Named Director of US Sales for Greenfield industries
Industry veteran will lead sales to distributors, private label and national accounts.

New Home Sales Dip 2.2 Percent in December 2011
Rate lags December 2010 by 7.3 percent.

Home Depot Acquires Redbeacon
Online home services platform connects consumers with contractors.

U.S. GDP Grows 2.8 Percent in Q4 2011
Residential fixed investment grows 10.9 percent in quarter.

Porteous Fastener Presents Check to Hope For The Warriors
Nonprofit organization supports U.S. service members, families, and families of the fallen.

Single Family Housing Starts Climb 4.4 percent in December
Overall housing permits and starts dip slightly from November but completions surge 9.2 percent.

California Home Sales Rise for Third Straight Month in December
Sales activity hits 11-month high.

European Construction Rebounded in November
European construction output rose in November after three months of contraction, led by Germany, adding to signs that the euro-area economy may be stabilizing.

Scott Nowatzki Named National Accounts Manager at Starborn Industries
Joins Starborn from GAF Building Materials Corporation.

MovinCool Issues New Spot Air-Conditioner Catalog
Covers complete product lineup including new CM-Series ceiling-mount models.

Wright Tool Partners with SMS Equipment as Preferred Tool Supplier
Canadian distributor is one of the world's largest Komatsu dealerships. 

Chicago Pneumatic Appoints Todd Francis Vice President, North America
New role to focus on new business development, strategic distributor relationship engagement.

Simpson Strong-Tie Acquires Automatic Stamping
Deal gives Simpson entree to the truss plate market.

$1.3 Billion Florida SunRail Project to Break Ground this Month
Construction of first phase of $1.3 billion project will span 31 miles.

Sears/Kmart to Close up to 120 Stores
Full list of closures is yet to be announced.

PIP Names Bonnie DiDomenico North Central Market Manager
Will manage sales in Ohio, Michigan, Kentucky, Indiana, West Virginia and Western Pennsylvania.

Mortenson Construction Releases U.S. Solar Industry Market Study
Free report offers outlook for utility-scale solar industry.

Concrete Sawing & Drilling Association Announces 2012 Calendar
Plans a full year of celebrations and training programs for 40th anniversary year.

Registration Filling Fast for 2012 University of Industrial Distribution
19th Annual University of Industrial Distribution takes place
March 5-8, 2012 at Indiana University / Purdue University.

Columbus McKinnon acquires Yale Lifting Solutions
CK had previously owned 20% of South African company.

Hyde Tools Announces New Digital Master Catalog
More than 700 items are featured in flip-book style publication.

Affinity Tool Works Acquires HTC and Portamate
Deal adds new mobile bases, workpiece support and workshop products to Affinity's lines. 

IDEAL Industries Networks Division Hires New National Sales Director
Richard Jones hired to manage Networks Division.

LA-CO Announces George Bowman as President
Bowman to helm LA-CO upon retirement of John Hardin.

NetPlus Alliance Hires New VP of Supplier Development
Todd Washburn signs on to fill key vendor relations slot.

NJ homebuilders begin breaking ground for stronger 2012
After buying land at affordable prices in 2011, some homebuilders in New Jersey are poised to start construction in 2012.

Dry, warm winter a 'godsend' for Lambeau Field construction workers
Expansion project for Green Bay Packers stadium benefits from mild winter.

Hiring Takes Off in December — U.S. Adds 200,000 Jobs
Construction industry adds 17,000 jobs.

Templin Promoted to Affiliated Distributors' Industrial Division President
AD establishes strategic business units for each Division.

Radians Acquires Carolina Safety Sport
Acquisition expands Radians' hi-viz product lines and domestic manufacturing capabilities.

Radians Acquires Carolina Safety Sport
Acquisition expands Radians' hi-viz product lines and domestic manufacturing capabilities.

Opportunities in federal construction despite cuts to building funds
Funding for federal building construction took a hit in the 2012 budget.

IGLOO Reports a Decade of Growth in Three Years
New products and new markets make the difference.

KNIPEX Promotes Todd Shumate to VP of Sales
Will lead North American sales force.

Construction Spending Shows Modest Growth in November
Overall spending climbs over October; only nonresidential construction trends flat.

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