There are 793 active industrial projects scheduled to begin construction in 2005 and beyond in the “Lone Star State,” according to Houston-based Industrial Information Resources (IIR).
Affiliated Distributors presented awards for “Greatest Overall Growth” to A.P. Supply Co. (Texarkana, Ark.) and Houston-based Piping and Equipment at its annual PVF Division Spring Network Meeting in Dallas, held in March.
As reported in Late-Breaking News in May Supply House Times, Newport News, Va.-based Ferguson Enterprises signed an agreement to purchase the assets of Full Service Supply (FSS), headquartered in Latrobe, Pa.
Some $11 billion in spending has been identified for more than 186 projects in the planning stage, according to Houston's Industrial Information Resources (IIR).
Expectations for 2005 remain high as 72% of manufacturing executives surveyed by the Institute for Supply Management (ISM) in its biennial economic “Report on Business®” forecast revenues to be greater in 2005 than in 2004.
World stainless steel production reached 24.6 million metric tons (mmt) for the full year 2004, according to the International Stainless Steel Forum (ISSF).