Norfolk News

January 2021 Insight Guide: Market Indicators
The Economy Chances of another stimulus package increased as Democrats sweep the week’s senate runoff in Georgia. An additional stimulus would accelerate the nation’s return to pre-pandemic gross domestic product and unemployment levels. For the first time in eight months, the U.S. economy saw job loss in December as the pandemic surges. The Labor Department […]
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Norfolk Iron & Metal Closes Acquisition of Cd’A Metals
Norfolk Iron & Metal, Co. (“NIM”), a full-line steel service center, and The Coeur d’Alenes Company (Cd’A Metals), a full-line metal service center in the Inland Northwest, jointly announced today that NIM completed the acquisition of Cd’A Metals on December 31, 2020. The acquisition complements NIM’s market coverage, adding three new locations in the Northwest, […]
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Norfolk Iron & Metal to Acquire Cd’A Metals
NORFOLK, NE and SPOKANE, WA, December 15, 2020 — Norfolk Iron & Metal, Co. (“NIM”), a full-line steel service center, and The Coeur d’Alenes Company (Cd’A Metals), a full-line metal service center in the Inland Northwest, jointly announced that they have entered into a definitive agreement in which NIM will acquire Cd’A Metals. The transaction […]
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December 2020 Insight Guide: Market Indicators
The Economy The U.S. economy is seen as more resilient than many people think. According to Rick Rieder, BlackRock’s CIO of global fixed income, there is potential for gains in parts of tech, consumer, cyclical areas such as industrials, as well as housing and some leisure sectors, with the expectation of a vaccine expected to […]
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Certifications: Much More Than a Piece of Paper
I never would have imagined that breaking stuff could be a full time job, let alone such an important one. That’s right, the Test Lab personnel at Norfolk Iron & Metal get to break stuff for a living – and not just for fun, there’s so much more to it. You see, the specifications that are […]
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October 2020 Insight Guide: Market Indicators
The Economy The number of Americans filing new claims for unemployment fell last week, but still remained at recession levels. Personal income dropped in August, emphasizing the need for another relief package for businesses and the unemployed. The U.S. economy added 661,000 jobs in September, while the unemployment rate ticked down to 7.9%. While this […]
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