News And Updates | NIM Group

NIM Group announces new Metalwest GM in Colorado
Eric Daniel has been named General Manager of flat-rolled distributor Metalwest’s Colorado region with responsibility for facilities in Brighton, CO and Albuquerque, NM. Daniel joined the Metalwest corporate purchasing team as Supply Chain Manager in 2015. He was promoted to Director of Supply Chain in late 2018 and ultimately joined the NIM Group corporate purchasing […]
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NIM Group to Install Precision Cut-To-Length Line w/Hydraulic Cassette Leveler in Windsor, CO Facility
NIM Group, one of the nation’s largest family-owned networks of steel service centers, is installing a new Red Bud Precision Cut-To-Length Line and Braner Hydraulic Cassette Leveler in the Norfolk Iron & Metal Windsor, Colorado processing facility. The processing-only facility provides products to all the NIM Group companies from the Midwest to the West Coast. […]
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October 2022 Market Insight
Employers added 263,000 jobs in September, down from 315,000 in August. This is the smallest job gain since April. Meanwhile, the unemployment rate fell from 3.7% to 3.5%, matching a half-century low.
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NIM Group ranked #19 on MCN Top 50 Service Centers
Each year, Metal Center News compiles sales figures for most of North America’s largest service center companies, publishing its results in the MCN Top 50, now in its 20th year. This authoritative look at the largest service center companies provides a strong indication of the year that was in terms of revenue, employment levels and stocking locations.
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September 2022 Market Insight
The U.S. labor market grew as expected in August, adding 526,000 jobs. Over the last three months, job gains have averaged 378,000; while in 2019, monthly job gains stood at just 164,000.
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August 2022 Market Insight
Economic News The U.S. economy added 528,000 jobs in July as the unemployment rate fell to 3.5%. This is despite expectations that job growth would cool as tighter monetary conditions and company layoffs only increased fears of a recession. However, the U.S. economy shrank from April through June for a second straight quarter, contracting at […]
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