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By country, same-store sales of members in the United States grew 4 percent, Canada same-store member sales were up 3 percent and Mexico same-store sales decreased by 15 percent.
The evolution of the new company name and logo is a culmination of more than a year of hard work behind the scenes, where 2019’s merger set in motion the coming together of two companies with a combined 140-plus year heritage.
If we want our people to perform at a high level, we must show others how to remove obstacles. We must give our people the latitude to make operational decisions. We must make the goal, not the path, the most important principle in our success.
A market downturn in the construction industry is coming; however, it’s not likely until after 2020. Construction industry members and observers know a decline is inevitable with market growth continuing too long to last.
Being busy in a successful operation is quite different from being busy due to days of screw-ups and fire drills. There still seem to be some wholesalers who are surprised and feel the need to celebrate when they can ship a standard stock order — complete, without errors and delivered as promised.
PVF owners give a snapshot of the primary issues they will deal with this year: business forecasting, skilled labor crisis, infrastructure spending and tariffs.
The Wholesaler reached out to wholesale distributors from coast to coast to tell us what was happening in their areas and what to expect down the road. Here is what each had to report.
The overall U.S. plant spending forecast is $336.4 billion, a 1.6 percent increase from spending in 2019.
February 3, 2020
Bolstered by continued growth in the economy, overall U.S. pipe, valves and fittings (PVF) spending across 12 industries is expected to increase to $13.6 billion in 2020, up by nearly $400 million from 2019, notes Industrial Info Resource’s PVF Market Assessment.
Family and employee loyalty has led to customer satisfaction for more than a century for this plumbing, PVF, and HVAC wholesale supplier.
February 3, 2020
For more than a century Erb Co. has served its community of customers by bringing its best foot forward, every day. This year, the wholesaler of plumbing, heating, PVF, and air conditioning equipment and supplies celebrates 120 years in business while maintaining the very values its founders opened the doors with in 1900.