Safety manufacturers and distributors sourcing products from China, competing against products from China, or selling to China, will find no drop-off in the boom times in the Middle Kingdom in 2013.
Safety manufacturers and distributors have been targeting the oil and gas industry (as well as mining and alternative energy industries) as one of the strongest markets coming out of the Great Recession of 2008.
MSA announced that net sales for the second quarter of 2012 were $295 million, up slightly when compared to the second quarter of 2011, and a record for the quarter.
U.S. Transportation Secretary Ray LaHood announced the Department of Transportation will provide up to $17 billion in loans to assist critical infrastructure building projects.
WESCO International this summer agreed to acquire one of the larger independent safety products distributors, Conney Safety Products, with $85 million in annual sales.
The Federal Reserve‘s latest “beige book” report states that the economy expanded moderately across the U.S., but the pace of growth slowed in some regions.
As this column goes to print, the dog days of summer are behind us and the pit bulls (sometimes referred to as politicians) are front and center, covering the airways with their attack ads.