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Fastener Week II: the Pro-Twist

The turning of the screw continues with HBSDealer’s week-long fastener film festival

BY HBSDealer Staff

PrimeSource Building Products’ Pro-Twist construction fasteners offer a wide range of solutions and a big brand promise — consistent quality and performance – every screw, every box, every project.

Each Pro-Twist fastener is manufactured with a higher-than-normal 1022 carbon content for sharper, stronger points, and incorporates a unique thread design that improves penetration speed. Pro-Twist fasteners undergo three separate quality control tests for consistency, penetration, and speed in accordance with ICBO ES standards.

The Pro-Twist family of products is one of several participants in HBSDealer’s Fastener Week II, running through Oct. 12. The HBSDealer Daily Newsletter will feature a new concept, theme or trend from the fastener industry each day this week.

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HBSDealer Stock Watch: Monday’s Ticker

BY HBSDealer Staff
Hardware and building supply stocks were mixed on Monday. Here’s how the following companies performed on Wall Street on Columbus Day.
Company Price Change
AWI (Armstrong) 69.26 -0.42%
BCC (Boise) 34.94 +1.33%
BECN (Beacon) 33.47 +0.39%
BLDR (Builders FS) 14.10 +1.00%
BMCH (BMC Stock) 18.41 +1.38%
BXC (BlueLinx) 28.78 -0.79%
CENT (Central Garden) 35.97 +1.52%
DE (Deere & Co.) 153.82 -1.65%
DOOR (Masonite) 62.80 -0.65%
EXP (Eagle) 83.52 +1.80%
FAST (Fastenal) 56.68 +0.34%
HBP (Huttig) 3.78 -1.31%
HD (Home Depot) 198.41 +1.03%
JELD (Jeld-Wen) 23.86 -0.95%
LL (Lumber Liquidators) 13.82 -0.72%
LOW (Lowe’s) 109.90 +0.15%
LPX (Louisiana-Pacific) 24.82 +0.20%
MAS (Masco) 35.39 -1.20%
PPG (PPG) 109.58 +1.44%
SHW (Sherwin-Williams) 442.56 +0.14%
SMG (Scotts Miracle-Gro) 79.00 +0.32%
SSD (Simpson) 70.13 -0.52%
SWK (Stanley) 141.20 -1.07%
TREX (Trex) 71.90 +1.41%
TSCO (Tractor Supply) 88.68 +1.18%
TTC (Toro) 57.75 -0.94%
UFPI (Universal Forest) 88.68 +1.45%
USG (USG) 43.03 +0.02%
WDFC (WD-40) 162.71 -0.06%
WY (Weyerhaeuser) 30.85 +1.92%
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J.Freeman says:
Oct-09-2018 12:36 pm

Who choses the stocks here? It would seem from a forest products viewpoint that there should be more than just LP and Weyco. eg West Fraser, Canfor, Interfor each of which now has significant US presence. Also Norbord, Huber.. So too why would Deere be chosen and not Navistar, Freightliner, Paccar, Volvo, Yale-Hyster?

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Poll Question: The $15 question

Amazon recently announced a minimum wage increase. Will that affect your business?

BY HBSDealer Staff

Retail giant Amazon.com is raising the minimum wages it pays its employees.

The online giant announced that it will increase its minimum wage to $15 for all full-time, part-time and temporary employees across the United States. The wage hike, which goes into effect on Nov. 1, will benefit more than 250,000 existing Amazon employees, and more than 100,000 seasonal employees that the company plans to hire for the holiday season.

Analyst Neil Saunders, managing director of GlobalData Retail, said that while Amazon’s wage hike was politically savvy, it was driven by economic imperatives.

“Amazon’s superior growth necessitates a lot of recruitment which is becoming increasingly difficult in a tight labor market,” he commented. “This is especially so over the holiday season. Without a rise in wages, Amazon would be placing itself at a disadvantage in the labor market.”

The wage move raises the question: what does this mean to you and your business?  HBSDealer’s current poll question specifically asks: “Amazon raised its minimum wage to $15 per hour. Will that have any impact on your business?” Take the poll on the right side of the screen (or scroll down your mobile device.)

As always, your comments are encouraged. Write to us here.

 

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Amazon raised its minimum wage to $15 per hour. Will that have any impact on your business?