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They say a journey of a thousand miles begins with its first step. For Plumbing Distributors Inc. (PDI), the first step was made in 1973 by Glad Mealor and his brother-in-law, Ronald Pratt, along with Glad’s son, Sid Mealor.
Charlotte Pipe and Foundry Company, a domestic manufacturer of cast iron and plastic pipe and fittings for plumbing applications, held the grand opening of a new $460 million state-of-the-art foundry in Oakboro, N.C. on October 26, 2023.
The new year begins with optimism and apprehension for the energy sector of the U.S. economy. A federal appellate court has ruled that the Biden administration must go ahead with the oil and gas Lease Sale 261 without the “11th-hour” restrictions the administration added on acreage and ship speeds.
Challenging financial market conditions and subdued construction opportunities will require a unique business strategy for 2024 success.
January 8, 2024
ConstructConnect looks at the construction market for this year by analyzing the labor market, inflation and interest rates, and supply chains. In the nonresidential market, transportation terminals, hotels and motels, shopping and retail, and warehouses are all expected to grow this year. The prospect for new home construction growth remains subdued.
A. O. Smith has announced that Dave Warren, senior vice president, president, and general manager of North America Water Heating, will retire on April 1.
Effective Jan. 1, 2024, Jim Simas became president of Emerson Swan, succeeding his brother George, who will continue in his role as president of the Swan Group.