Mike Miazga 2016-07-02 01:42:12
STAINLESS-STEEL IMPORT BAN American Metal Market.com (www.amm.com) recently reported about the potential impact of a U.S. ban on stainless-steel imports from Mumbai-based manufacturer Viraj Profiles. AMM.com’s story explained about the International Trade Commission’s recent action that included the issuing of a limited exclusion and cease-and-desist order from Viraj, which stemmed from a theft of trade secrets complaint from Indiana-based Valbruna Slater Stainless. AMM.com reported the ITC, in a clarification on its ruling, noted Viraj lied about its document production, obstructed the judicial proceedings and intentionally destroyed evidence during the agency’s investigation. AMM.com quoted industry distribution sources who said the ruling will result in a price increase, while others it said were “slightly more cautious about the ban’s potential impact.” OMNI NAMES AYKROYD NEW PRESIDENT The Aurora, Ohio-based Omni Corporate Services buying group announced John Aykroyd, an accomplished executive with extensive experience in marketing, sales and operations both domestically and internationally, has been hired to be the successor to current Omni President Bob Hoff. Aykroyd most recently was executive vice president, business development for Sloan Valve Co. As president of Omni, Aykroyd will have full responsibility for profit-and-loss, business development, strategic planning and future growth initiatives. Aykroyd will report directly to the Omni Board of Directors. He will begin his duties with Omni on July 18, a week prior to Omni’s vendor invitational meeting. “The Omni Board of Directors is excited to have John on board as we look to grow our position in the marketplace,” the cooperative said in a news release. “John’s experience in the industry and the relationships he developed while at Sloan Valve, Halsey Taylor and Mueller Industries will serve him well as he transitions to this new role.” For more on Akroyd’s hiring, visit www.supplyht.com. FERGUSON ACQUIRES BRUCE-ROGERS CO. Newport News Va.- based Ferguson Enterprises acquired Bruce- Rogers Co., in a stock transaction completed in late May. Bruce-Rogers Co., a plumbing and HVAC equipment supply house, serves contractors in western Arkansas, eastern Oklahoma and southern Missouri. It was founded in 1922. Bruce-Rogers Co.’s home office is located in Fort Smith, Ark. It has 42 employees in its six branch locations in the Arkansas cities of Rogers, Russellville, Conway, Mena and Hot Springs. The Bruce-Rogers Co. Brand will continue under the new ownership, now operating as Bruce-Rogers Co., a Ferguson enterprise. NIBCO ACQUIRES WEBSTONE VALVE ASSETS NIBCO announced it has acquired the valve assets of Webstone Co. The transaction was finalized in late May. The new business unit will be named, “Webstone, a brand of NIBCO.” “The acquisition will complement and enhance existing efforts NIBCO has put in place for superior design, innovation, and stability in residential, commercial and industrial valves, while continuing to focus on patented engineered technology that meets high industry standards,” NIBCO Chairman and CEO Rex Martin said. “We are confident this acquisition will reinforce the unsurpassed product and exceptional service NIBCO is known for.” Based in Worcester, Mass., NIBCO noted Webstone has been a world leader in ball valve technology since 1954, specializing in the innovative design of residential and commercial valves used in hydronic, plumbing and radiant applications. Webstone’s designs focus on time- and space-saving concepts that simplify initial installation and future maintenance of all piping systems. Webstone has filed more than 15 patents and includes highly recognized tradenames such as The Isolator, Isolator E-X-P, Hydro-Core, Pro-Connect and Pro-Pal. OBITUARIES Michael Matz, the son of Matco-Norca’s co-founder, died suddenly on June 5 at the age of 44. Matz served as Matco- Norca’s Eastern region sales manager and was employed for 20 years at his family’s company. He leaves behind his parents, Dov and Beth Matz, his wife, Ilana, and two children, and sisters, Melissa and Nora, and their families. Ismael Grinberg, founder of industrial PVF master distributor Val-Fit, died in Mexico City in early June at the age of 91. Grinberg had more than 70 years of experience in the PVF markets, founding many companies along the way including Tuvansa and Val-Fit. Known by his family and close friends as “Chief,” Grinberg is survived by his wife, three sons, a daughter, a son-in-law, a daughter-in-law, five grandchildren and three great grandchildren. “His reputation was unmatched. He always was known as a hard-working, charitable, ethical and dignified person. He was deeply loved and respected,” his family said.
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