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The third quarter growth figure followed a 4.6 percent surge in the spring, which resulted in the biggest consecutive quarters of growth since 2003.
Beacon's 2014 was unfavorably impacted by the severity of winter storms and prolonged colder temperatures in most markets during the first half of the year.
The MAPI Foundation says manufacturing production is expected to outpace GDP, with anticipated growth of 3.5 percent in 2015 and 3.9 percent in 2016.
Nonresidential building in October fell 14 percent to $195.2 billion, following its 13 percent jump in September.
A Reuters report says Japanese trading house Itucho has hired JPMorgan & Chase Co. to run an auction for PrimeSource, which has attracted interest from private equity firms.
The analysis explored possible scenarios, concluding that annual sales for a typical disqualified company would drop by $351 million and force it to fire more than 400 Canadian workers.
Association officials noted that the sector’s recovery is erratic and remains vulnerable to factors like growing labor shortages, new regulatory burdens, and stagnant public sector demand.
At around $75 a barrel, the price is high enough to keep investments flowing into alternatives, while giving energy companies less reason to pursue expensive and risky oil fields.
Production decreased 1.8 percent in September, following a 0.7 percent rise in August.
The award recognizes one outstanding global channel partner for advancing Molex technology solutions through demonstrated growth in worldwide sales, coupled with global financial, operational, and executive management excellence.
Scott Peppet brings an extensive law background to Anixter's team.
Gregory Hann will continue to serve as Wesco Aircraft’s CFO until a replacement can be found, and will remain an employee of the company until March 31, 2015.
The October reading was the best showing since a 1.2 percent jump in July.
A fourth straight decline in gasoline costs helped to keep inflation at bay.
GRN Coastal is an industry-specific recruitment firm focused on supporting companies in the electrical, automation, PVF, and industrial trades.
The Lima, OH location becomes the 18th branch for Carr Supply, a provider of plumbing, HVAC, and water service supplies and equipment.
Enrollment has surged at three of the region's career & technical schools: Lehigh Career and Technical Institute, Bethlehem Area Vocational-Technical School, and the Career Institute of Technology.
Kaman will remanufacture and upgrade four Kaman SH-2G Super Seasprite aircraft and provide support for the operation of a fifth aircraft for the Peruvian Navy, with a program value expected to exceed $40 million.
An 8.4 percent rise in net sales was largely the result of the Hardware and Home Improvement Group acquisition on Dec. 17, 2012.
Shale-Inland will keep its industrial distribution investments focus on valve and valve actuation, stainless steel, and high nickel alloy pipe, fittings, and flanges.