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DHI IndustryWatch
DHI IndustryWatch
January 19, 2012
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Accurate Lock and Hardware
Industry Access

ASSA ABLOY has acquired the assets of Greensteel Industries Limited

ASSA ABLOY, through its Baron and Fleming operation in Canada, has acquired the assets of Greensteel Industries Limited, a well established manufacturer of standard and specialty custom hollow metal commercial doors and frames. Greensteel Industries, established in 1932, is headquartered in Winnipeg, Canada.

"Greensteel is a very exciting addition to the ASSA ABLOY Americas division. This acquisition will enhance our ability to provide non-residential door opening solutions to our Canadian customers. These products will be manufactured by and marketed under the Baron and Fleming brands", says Thanasis Molokotos, Head of the Americas Division and Executive Vice President of ASSA ABLOY.

For more information, please contact Marna Wilber, Director Corporate Communications, ASSA ABLOY Americas at (203) 499-6808 or email mwilber@assaabloyusa.com.

Click here for more Industry Access news including recent new hires, merger & acquisition activity and who's offering new products.

* DHI Members may submit news releases to be considered for inclusion in DHI's IndustryWatch. Send to: jmadden@dhi.org

Business Update

Construction employment increased in December by 17,000 driven by gains in nonresidential construction employment, according to an analysis of new federal employment data released by the Associated General Contractors of America. Association officials said that construction employment likely benefited from unseasonably warm weather across much of the country that extended the construction season. Full Story

The December Producer Price Index for Wood Doors (flush & panel, interior & exterior) was up 2.3% from 2010 and the Other Wood Doors (Incl. garage, screen, storm, etc.) PPI down 2.6% compared to a year earlier. Compared to November, the unadjusted December PPI was down 0.1% for Wood Doors, and unchanged for Other Doors, according to the Bureau of Labor Statistics. The PPI for Metal Doors, Sash & Trim was up 0.3% from November, and was up 7.0% from 2010. The PPI for Builders Hardware was up 6.4% from 2010 but was down 0.1% from a month earlier. Click here to view the full December Producer Price Index report. (PDF file - Wood Door information is on page 17, Builders Hardware, page 23 and Metal Door data, page 24)

Construction & Design

Join DHI for Half PriceArchitectural Record provides a roundup of the best in K-12 school design in 2011. The in-depth analysis of fifteen K-12 school buildings offers photos, drawings, specifications, descriptions and design solutions. Full Story

Maryland Gov. Martin O'Malley will seek more than $370 million in school construction funding in next year's budget. The pledge marks the sixth installment of funding for a school construction program that O'Malley has made a priority in his budgets. The potential projects range from completely new school buildings, renovations and additions, new windows and doors, and new roofs, reported The Baltimore Sun. Full Story

San Diego has an estimated $13.4 billion of construction projects in the works, including work on transportation infrastructure, hospitals, educational and military structures, reported San Diego Union-Tribune. Full Story

Minnesota Gov. Mark Dayton said the state could create thousands of new jobs by issuing $775 million in bonds for construction projects around the state. Among Dayton's bonding wish list are a proposed $78 million for building projects on University of Minnesota campuses and $63.5 million on MnSCU campuses, reported CBS News. Full Story

Reed Construction Data details the 10 largest construction project starts in Canada in December 2011. Full Story

Security & Safety

The 2010 edition of NFPA 72: National Fire Alarm and Signaling Code may not yet be enforced in your jurisdiction or on your project but, there are a number of significant changes to the code that could help with current system designs or installations. Some of the most significant changes included fire alarm interface with door releasing service and electric door locks, reported Consulting Specifying Engineer Magazine. Full Story

Government Affairs

The Window & Door Manufacturers Association (WDMA) released a comprehensive legislative and regulatory policy agenda for 2012. To download the Policy Agenda click here. (PDF file)

Big changes may be in store for the Small Business Administration if the Congress approves a plan put forward by President Barack Obama, reported Modern Distribution Management. The plan would consolidate six agencies focused on business or trade into one broader agency. The impacted agencies would be the U.S. Department of Commerce's core business and trade functions, the Small Business Administration, the Office of the U.S. Trade Representative, the Export-Import Bank, the Overseas Private Investment Corporation, and the U.S. Trade and Development Agency. Full Story

OSHA has cited Conway Stores Inc. for alleged willful, repeat, and serious violations of workplace safety standards at the company's store in the Bronx. OSHA's inspection revealed several instances where emergency exit doors in the store were padlocked during work hours and emergency exit routes were obstructed by racks of clothing and boxes of stock. The discount retailer faces a total of $90,000 in proposed fines for violations identified during an OSHA inspection begun in July by OSHA's Tarrytown Area Office, reported Occupational Health & Safety. Full Story

The Internal Revenue Service issued new rules to clarify the difference between a business expense that is a repair and tax-deductible and one that is an improvement but not deductible right away, according to a Reuters report. Full Story

Small Business News

Small Business News will return next issue when Congress returns from recess.

DHI News

DHI CEO, Jerry Heppes, CAE discusses the future of DHI's tradeshow and upcoming revisions to the Strategic Plan. From the newly-created Certification Council to the launch of the most expansive DHI Industry Resource Guide to date, find out all the DHI has been doing on behalf of the industry! Click here for details.

DHI Canada News

Outgoing DHI Canada President Milt Allred takes a look back at what's been accomplished during his two year term and says farewell to those who served with him. Click here for details.

Foundation News

The Foundation has developed an online learning tool for fire door inspections that has met with rave reviews and already received an award for its design and functionality! Click here for details.

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