The potential market impact of a Donald Trump Presidency continues to be popular on ID, as Trump's warning to Rexnord and other manufacturers about offshoring operations was a big item, as was discussion on his impact on taxes.
Here's this week's Top 5
Trump Warns Rexnord About Relocating Bearings Plant To Mexico: Along with calling out bearings maker Rexnord on Friday for its planned move to Mexico, the President-elect also reaffirmed his position with a series of Tweets Sunday on the consequences companies will face for offshoring during his tenure.
No Injuries, $20K In Damage In Wednesday Fire At Grainger Headquarters: Reports say employees were allowed to return to work at Grainger's Lake Forest, IL headquarters last Wednesday afternoon after a blaze was extinguished in about 20 minutes.
The Possible Tax Implications Of A Trump Presidency For Distributors: As Donald Trump prepares to enter the White House, distributors across the country are wondering what his election — and the Republican Party’s hold on Congress — may mean for their bottom line. Jim Brandenburg discusses.
Man Killed In Forklift Accident At Orange, TX Industrial Distribution Center: A 60-year-old man was killed in a forklift accident Monday evening at Arlanxeo Performance Elastomers Orange Distribution Center in Orange, TX. See 12NewsNow's brief news report here.
3M Sells Safety Prescription Eyewear Business: Terms of the deal were not disclosed for the business that has annual global sales of about $45 million and employs approximately 140 employees.