Plumbing News Roundup: August 2022

The plumbing industry is constantly evolving. This month a local plumbing program aims to help the industry, the newest bathroom faucet market forecast is released, Russell Investments Group Ltd. sells their shares, and Milwaukee Tool opens yet another manufacturing plant. Keep on reading our news roundup for more details.

Local Plumbing Program Aims to Bring More into the Industry

Best Home Services, based in Fort Myers created a Plumbing University program. The program serves as a corporate workforce pool. Best Home Services provides air conditioning, plumbing, and electrical services in Lee and Collier counties.

After completing the six-week program, for which trainees are hired and paid, they are released into the field. While trainees don’t necessarily have to stay with Best Home Services, trainees are recommended to make a two-year commitment. However, if an apprentice leaves before the end of the two-year commitment, they could owe the company $7,500 for the training and schooling.

The first class started on July 12th and consisted of seven students. Which are now preparing for graduation, although some additional hands-on training will be required after graduation.

For more details on this new training program click here.

Bathroom Faucets Market Forecast

The Bathroom Fixtures Market forecast provides an in-depth analysis of the market throughout the projection period. The study consists of a number of sections, as well as an examination of the occasions and elements most likely to have a major impact. The market forecasts of the report are backed by extensive secondary research, primary interviews, and internal expert judgments.

These market forecasts have been prepared by analyzing the impact of various social, political and financial variables on the global Bathroom Faucets market along with the existing market dynamics. The competitive landscape of the global bathroom faucet market is another topic covered in the report.

To read the entire report check out bestplumbersnews.com.

Russell Investments Group Ltd. Sells 3,228 Shares

Russell Investments Group Ltd. reduced its stake in Fortune Brands Home & Security, Inc. by 6.9%. The company said in its most recent SEC filing that the institutional investor owned 43,521 shares of the industrial products company after selling 3,228 shares. The holdings of Russell Investments Group Ltd. in Fortune Brands Home & Security were worth $3,281,000 at the time of the most recent SEC filing.

Click here to find out why other hedge funds and other institutional investors have recently changed their holdings in the company.

Milwaukee Tool Opens New Manufacturing Plant

Milwaukee Tool continues its impressive track record of growth in Wisconsin and nationwide. This morning the Wisconsin Economic Development Corporation (WEDC), the Milwaukee 7 (M7), West Bend Officials, and industry partners announced the grand opening of the company’s newest manufacturing facility.

This state-of-the-art facility and the people who work here will play a critical role in bringing the next wave of hand tool innovation to the industry. Milwaukee tools West Bend The plant creates 150 new jobs. Roles range from engineers and operators to quality technicians, service technicians, and material handlers.

Interested applicants can apply at www.milwaukeetool.jobs.