U.S. pipe demand to top $63 billion in 2018
The latest study from The Freedonia Group pinpoints U.S. pipe demand at a high point of $63.5 billion in 2018, indicating a 7.3% annual growth rate.
The study, titled Plastic & Competitive Pipe, attributes the increase to growth in crude oil and natural gas activity, in which market pipe is frequently implicated.
Additionally, Freedonia predicts a rebound in building construction expenditures, with an emphasis on kitchen and bathroom renovations and conduit for nonresidential building construction.
Within the pipe category, plastic pipe demand is expected to rise the fastest at an 8.7% annual growth rate, potentially even offsetting the use of steel and concrete. However, analyst Matt Zielinski pointed to steel’s enduring dominance in the market.
“Steel accounted for the largest share of pipe demand by value in 2013 with 62 percent of the total, supported by its use in the large oil and gas market," said Zielenski. "Steel pipe is dominant in oil and gas applications due to its low cost, durability, and compression strength.”
ABC Supply hires director of corporate development
Paul Drobnitch has joined building products distributor ABC Supply Co. as director of corporate development. In his new role, Drobnitch will work with the company’s acquisition team to identify market opportunities and businesses for acquisition.
“Acquisitions are a key component of our growth strategy,” said ABC Supply president and CEO Keith Rozolis. “Paul’s background and experience will be valuable in identifying the quality businesses that will help us grow and serve our customers.”
Drobnitch brings to ABC Supply 20 years of experience in identifying and facilitating strategic acquisitions in a variety of industries, including commercial construction. His resume includes three years as a VP corporate development for Roofing Supply Group in Dallas.
He is relocating from the Dallas area to work in the ABC National Support Center in Beloit, Wisconsin.
He has a Bachelor of Arts degree in economics from Davidson College in Davidson, North Carolina, and a Master of Business Administration degree from Southern Methodist University in Dallas.
Obit: Michel E. Dowling
Lumber and building material industry veteran Michel E. Dowling, 68, of Marana, Arizona, died unexpectedly at his home. The cause of death was congestive heart failure.
Born in Rhode Island, Dowling entered the WT Grant’s organization’s management training program after college. He served as a hard goods buyer, remaining in that position until the Grant store’s demise in 1976.
Joining Emco Enterprises, he advanced to become the company’s executive VP and national sales manager with his primary focus on the promotion and sale of the Emco Forever Door as well as other Emco building products; he served in that capacity until his retirement.
He is survived by his wife Liane (Ludwig) of 46 years; two daughters, Liane White and Gretchen Manzo of Arizona; two sons, Michael E. Dowling Jr. and his wife Jill of Illinois, Brian Dowling of Arizona; and grandchildren, Cameron, Finnegan, Michele and Madison.
He also is survived by sisters, Ann Rita Petelle and Jean Carey, both of Massachusetts, and many nieces, nephews, grand-nieces and grand-nephews.
Emco is now a wholly owned subsidiary of the Andersen Corp.