Archive for April, 2010

Stimulus Award News and Tools to Follow the Money for Drinking Water & Wastewater Projects – April 23, 2010

Saturday, April 24th, 2010

To locate City, County and State Purchasing Offices mentioned in articles below go to my “Tools to Follow the Money” Blog Entry posted September 13, 2009, there you will find a complete Directory of Governmental Bid and Contact Resources.

Agriculture Secretary Tom Vilsack announced the funding of 18 projects designed to protect public health by improving water quality and public sanitation services in 12 states – USDA Press Release: Read Project List by State 

04/23/10 Westport, WA – $3.9 million rural development loan received from the U.S. Department of Agriculture in order to make upgrades to its wastewater treatment facility – the Daily World: Read More 

04/17/10 Mingo County, WV – Mingo County Public Service District has received a $900,000 USDA Grant and a $763,000 federal loan for the Marrowbone Creek water system – the Williamson Daily News: Read More 

04/16/10 Scioto County, OH – $29 million in ARRA Stimulus Funds will be used for a Minford Water/Sewer Project – Community Common: Read More

These projects above apear to wrap up Stimulus Funding for Clean Drinking Water and Wastewater Projects. I will continue to keep my eyes open for new developments. This will be my last post to this Stimulus Watch Blog until further notice. Thank You for following the money. David Courtney

If you get an Error Message from any “Read More” Hyperlink, let me know and I will try to restore the Link – Email: DavidCourtney@earthlink.net or Phone:  (239)340-9371 – www.GeneratorDealerMarketNews.com

Optimism from Wall Street

Tuesday, April 20th, 2010

Each year, Pumps & Systems gathers critical industry insight at the Gabelli Pump, Valve & Motor Symposium in New York. Thanks to about 20 in of snow, this year I spent the entire conference at LaGuardia airport. However, Gabelli’s chief analyst for the pump industry, Jim Foung, was kind enough to share with me his candid observations and expert interpretations of the state of the pump industry for 2010.

“A combination of the weak global economy and lack of inventory stocking exasperated the downturn, which bottomed in late 2009,” Foung says. Without much re-stocking in 2009, Foung said the Gabelli Symposium speakers alluded that if nothing else happened in 2010 but re-stocking, we could see growth again soon. “But right now we are in a holding pattern.”

Simply put, “The economy has not gotten worse, but it has not gotten better,” Foung explains. “Distributors are not building inventories and this could be a new trend for a while. However, if history repeats itself, companies will have to restock at some point.”

Foung said many executives indicated growth in some areas, in particular the shorter cycle, book-to-ship markets in pumps and valves. “Major projects with normal lead time actually held up in 2009, but may be weakening a little now,” he says. “Major projects with longer cycles have caused more price competition, forcing some users to want to renegotiate contracts.”

Another trend for 2010 is a search for strategic acquisitions because of weak organic growth. “Quite a few companies indicated they have financial teams in place that can manage larger companies than they currently have.”

In retrospect, “Last year, cash was king,” Foung says. “The banks were not lending. There was a big concern about liquidity. Now, with some modest growth, metrics indicate that the market has picked up sequentially month over month.”

Foung says he is also hearing from companies beginning to see some benefits from the Stimulus Plan. “Two-thirds of the Stimulus spending has not impacted the economy yet,” he says. “It is a long process. A little bit of that is picking up the demand, which could help to make this a pretty good year.”

In general, “We should see modest growth in 2010 . . . maybe 1-2 percent,” Foung says. “The U.S. is consumer driven. If we have job growth and income growth, consumers will begin to spend again.”

Stimulus Award News and Tools to Follow the Money for Drinking Water & Wastewater Projects – April 16, 2010

Friday, April 16th, 2010

To locate City, County and State Purchasing Offices mentioned in articles below go to my “Tools to Follow the Money” Blog Entry posted September 13, 2009, there you will find a complete Directory of Governmental Bid and Contact Resources.

Additional Tool to Follow the Money – American Recovery Act Prime Contractors seeking Sub-Contractor Bids – SBA Sub-Contracting Network – See List 

Another Tool to Follow the Money – SBA Directory of Companies by State with Contacts having Federal Contracts frequently seeking Sub-Contractors and Vendors: Review Directory 

04/15/10 Clinton, MS – City officials on Tuesday were to take part in a “Groundbreaking for the Greenhouse” to be paid for with $3.8 million ARRA/DEQ Funds, half of it a low-interest loan, located at the Southside Treatment Plant off Clinton-Raymond Road – Clinton News: Read More 

04/15/10 Oak Orchard, DE – $5,582,000 Loan and a $2,999,847 Grant administered by USDA Rural Development’s Water and Environmental Program to assist in Oak Orchards Wastewater Expansion Program – Sussex Countian: Read More 

04/14/10 Rhinelander, WI – City will award contracts partly ARRA Funded, for the water service and sanitary sewer portions of the project that will include a new wastewater lift station – Rhinelander Daily News: Read More 

04/14/10 Woodstock, CT -Woodstock Academy is line to receive $1.4 million in federal grants and loans toward improvements to its wastewater system – Norwich Bulletin: Read More 

04/13/10 Lavaca, AR – Governor Mike Beebe presented a check for a $7.5 Million ARRA grant to representatives of the Franklin-Sebastian Public Water Authority to help fund improvements for the Charleston, Lavaca and River South water supplies – Charleston Express: Read More 

04/12/10 Muletown, Minford, Clarktown, and Rubyville, OH – $29.6 million ($29.4 million in USDA loan and grant funds, and $240,000 in leveraged funds) received for Wastewater Project – Teatro Naturale: Read More 

04/10/10 Chadron, NE – Governor Heineman will be attending an open house and ribbon cutting at the new Chadron Wastewater Treatment Plant. The project received $1,090,000 in ARRA Funds – KCSR 610AM Radio: Read More 

04/10/10 Elmore, MN – $7.7 million in USDA Stimulus Funds will help pay for New Wastewater Improvement Projects – Faribault County Register: Read More 

04/09/10 Gray, GA – Gray City Council members voted to officially begin the process of building a new wastewater treatment plant using possible USDA ARRA Funds – the Jones County News: Read More 

If you get an Error Message from any “Read More” Hyperlink, let me know and I will try to restore the Link – Email: DavidCourtney@earthlink.net or Phone:  (239)340-9371 – www.GeneratorDealerMarketNews.com

Stimulus Award News and Tools to Follow the Money for Drinking Water & Wastewater Projects – April 09, 2010

Friday, April 9th, 2010

To locate City, County and State Purchasing Offices mentioned in articles below go to my “Tools to Follow the Money” Blog Entry posted September 13, 2009, there you will find a complete Directory of Governmental Bid and Contact Resources.

04/08/10 Maryville, MO – City receives $177,600 Grant for 3 new booster centrifugal pumps and variable frequency drives at the water treatment facility – Northwest Missourian: Read More 

04/07/10 Chapel Hill, NC – $14.5 Million Research Grant awarded to the University of North Carolina, New Waste Water Treatment Plant included in the project – News Observer: Read More 

04/07/10 Rock Island, WA – Work will begin Monday laying pipe for Rock Island’s new sewage collection system – This ARRA Funded project has no Wastewater Treatment plant to process Sewage – the Wenatchee World: Read More 

04/06/10 Scioto County, Ohio – Agriculture Secretary Tom Vilsack today announced $29.4 Million ARRA funding for a regional wastewater system to replace rural Septic Tanks for 1,340 users in four rural Ohio communities – USDA Press Release: Read More 

04/06/10 Sebastian & Franklin Counties – $7.5 million in federal stimulus funds awarded to help secure water to more than 29,000 people in eastern Sebastian County and Franklin County – the City Wire: Read More 

04/05/10 Tallahassee, FL – The Florida Department of Environmental Protection has committed all $218.9 Million ARRA Stimulus Funds for Water Projects – Link to Project List available at WCTV: Read More 

If you get an Error Message from any “Read More” Hyperlink, let me know and I will try to restore the Link – Email: DavidCourtney@earthlink.net or Phone:  (239)340-9371 – www.GeneratorDealerMarketNews.com

Stimulus Award News and Tools to Follow the Money for Drinking Water & Wastewater Projects – April 02, 2010

Friday, April 2nd, 2010

To locate City, County and State Purchasing Offices mentioned in articles below go to my “Tools to Follow the Money” Blog Entry posted September 13, 2009, there you will find a complete Directory of Governmental Bid and Contact Resources.

04/02/10 Kannapolis, NC – $1.2 Million ARRA Stimulus Awarded for storm water improvements at the Research Campus and the replacement of a water treatment plant pump is funded by a $170,300 Energy Efficiency and Conservation Block Grant – Salisbury Post: Read More 

04/01/10 Louisville, KY – $4.17 Million in Stimulus ARRA Funding to Improve Louisville, Ky., Water Service – Environmental Protection News: Read More 

03/30/10 Omaha, NE – $7.5 million in federal stimulus money received to put toward the Wastewater System overhaul – Omaha World Herald: Read More 

03/28/10 Princeton County, KY – Work is underway for ARRA Funded Sewer Basin Projects by Bobby Luttrell and Sons, of Ohio County – the Times Leader: Read More 

03/28/10 St. Peters, MO – City of St. Peters will receive a $91,500 grant from the state Department of Natural Resources to upgrade its water treatment plant – Suburban Journals: Read More 

03/27/10 Independence, MO – Gov. Jay Nixon came to Independence this week to announce a $1 million ARRA Grant for the city to use to improve wastewater treatment – the Examiner: Read More 

03/26/10 Cape Girardeau, MO – $2 million check received for Water Improvements. Half the money is a grant from stimulus funds approved by Congress last year. The other half is a loan, with $840,721 coming from stimulus funds as well and the remaining $159,729 coming from a state loan fund dedicated to water and sewer improvements – Southeast Missourian: Read More 

If you get an Error Message from any “Read More” Hyperlink, let me know and I will try to restore the Link – Email: DavidCourtney@earthlink.net or Phone:  (239)340-9371 – www.GeneratorDealerMarketNews.com