Throughout my advisory career, I have been blessed with becoming friends with some of the most interesting people in the distribution business. The perspectives I am exposed to are truly worth their weight in gold. 

Capitalism is admittedly an imperfect system when judged by an absolute comparative criteria; that is, to a theoretical abstract. However, on a relative comparative criteria; that is, in relation to existing alternatives, it is the best game in town, or in effect, the best the world has to offer. 

The oil and gas energy sectors will again be the prime movers in 2019 for continued growth in the PVF industry.

We start today by bringing you a spotlight from Jeremiah Jackson, a gentleman who has been in the PVF industry for several years.

In the decades of U.S. presidencies preceding the current White House occupant, a preoccupation with long-term climate change and cheap imports to win over the U.S. population’s multi-millions have increasingly shrunk America’s once globally dominant manufacturing sector.

Fast forward to 2019 — skipping past the Pony Express, the telegraph, the land-line telephone and the teletype — and most of us have the fortune or misfortune of being able to receive messages from anywhere on earth in a matter of seconds. 

In February, it was announced that United Pipe & Steel (UPS) and Merifish Pipe & Supply (MPS) are combining under Merfish Pipe Holdings (MPH), an entity with majority ownership by One Equity Partners (OEP). 

Discouragingly, recent studies show that only 64 percent of such resolutions last longer than the first month and only 46 percent last longer than six months.

Milford Supply is as true to the mission today as it was when it started.

There’s a lot of talk these days about the Amazon effect, or the disinflationary force of online retailing that drives down the price of goods.