Ting identifies early warning signals of electrical malfunction, a major cause of thousands of residential home fires in the U.S. each year.

NIBCO announced today it completed the acquisition of Milwaukee Valve Company.

Dodge Data & Analytics released its 2020 Dodge Construction Outlook. The report predicts that total U.S. construction starts will slip to $776 billion in 2020, a decline of 4% from the 2019 estimated level of activity.

Sales 4% lower than 2019 Q2.

Aluminum results mixed.

Valve prices according to the Producer Price Index were up 0.3% month‐over‐month in October (flat last month). On a year‐over‐year basis, prices were up 2.3% (up 2.8% last month).

Nickel prices have fallen over the past 30 days to @$6.80 per lb. ($7.71 in the last update).

The resin increase scheduled for October didn’t happen and some are forecasting a slight dip in November.

We expect to see a ~5% increase by mid‐2020 on the back of projected steel scrap increases.

Inventory levels are strong, supporting current demand and lead time requirements. No price increases expected through 2019.