Manasquan Premium Fasteners expands product line
Brick, N.J.-based Manasquan Premium Fasteners, a provider of stainless steel fasteners to the residential, commercial and marine construction industries, has expanded its inventory with product offerings from Starborn Industries and Simpson Strong-Tie, as well as the addition of six lobe star drive stainless steel screws for wood and composites.
Specific additions to the product line include Smart-Bit Pro Plug System designed by Starborn Industries and Simpson Strong-Tie Stainless Steel Framing Connectors and Seismic & Hurricane Ties.
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Soil and mulch supplier merges with biomass energy developer
Coastal Supply Co., a supplier of bagged soil, mulch and stone products to such companies as Home Depot and Lowe’s, has been purchased by Harvest Power, which processes organic materials to generate energy. Financial terms of the deal were not disclosed.
Coastal Supply is a Delaware-based company that distributes its products through 14 states. The company will be renamed Harvest Garden Pro, but Joe Kollock and Steve Liffers will continue to lead the company as co-presidents.
Harvest Power, based in Waltham, Mass., owns and operates renewable energy facilities in British Columbia, Ontario, California and throughout the Mid-Atlantic states. It produces energy through nutrient-rich soils, mulches and fertilizers. Last week, the three-year-old company raised $1.25 million of a targeted $2.25 million in private equity funds, according to the Boston Business Journal.
There is an entire chapter of
There is an entire chapter of “new morbidities” that have only been discovered in the last few years. People have been trying to fight against these imminent threats, by home made solutions, or by consulting some professional pest control advice. The truth is they can learn how to live healthier, it only takes a bit of paying more attention to what they eat, buy, plant or generally get confronted with in terms of consumership.
Retailers forecast strong holiday, show hiring restraint
According to a survey released Tuesday by global management consultancy Hay Group, 68% of retailers expect holiday sales to increase this year. However, hiring plans remain conservative, with 67% of retailers hiring at the same level as last year and 25% hiring fewer seasonal workers.
“Retailers have a tempered optimism about the holidays this year. Cost inflation has made profitability more elusive, and retailers are trimming the fat with staffing and store hours,” said Craig Rowley, VP and global practice leader for Hay Group’s retail practice.
The double-digit growth in e-commerce sales this year is also influencing hiring levels. Nineteen percent of retailers said they will hire fewer seasonal staffers in stores this year due to the increase in their online sales. This decline may be offset by the 19% that said they will hire more seasonal workers in distribution centers to support the uptick in online orders.
Hay Group’s survey, in its fifth year, analyzed responses from 21 major U.S. retailers.
Other report highlights included an uptick in permanent workers, as 19% said they are hiring fewer seasonal and more permanent workers this season. Pay rates for seasonal workers are largely even with 2010, but 19% plan a modest uptick of 5 cents to 30 cents. Still, 48% note that they pay seasonal workers less than permanent workers in the same position, compared with 25% last year.
Discounting may not be as rampant in holiday 2011. An overwhelming majority said they are not planning to offer deeper discounts on Black Friday (89%) or Cyber Monday (94%) this year. The timing for discounting also continues to be spread throughout the season. While 78% said the timing for holiday promotions will remain consistent with 2010, 22% said they will begin earlier this year. A majority (63%) plan to start promotions in November, but some early birds plan to begin in October (13%), September (6%) and even August (6%).
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