PPB Newslink

PPB Newslink May 19: Overtime Rule Changes Raise Concerns Among Businesses

The Department of Labor (DOL) issued a rule change on Wednesday that allows full-time, salaried employees to earn overtime if they make up to $47,476 a year. The rule change, which was first announced in a Notice of Proposed Rulemaking in the Federal Register on July 6, 2015, goes into effect December 1 and is expected to extend overtime pay protections to more than four million workers. Read More »

PPB Newslink May 17: The Incentive Federation Responds To OSHA Safety Incentive Program Criticism

The Incentive Federation, a trade association dedicated to promoting, protecting and providing research in the incentive field, and of which PPAI is a member, has issued a response to the Occupational Safety and Health Administration’s (OSHA) revised draft of its Safety and Health Program Management Guidelines. OSHA’s draft includes language critical of safety incentive programs. Read More »

PPB Newslink May 12: Staples And Office Depot To Terminate Merger Agreement

Staples, Inc. and Office Depot plan to terminate their merger agreement following a ruling by the U.S. District Court for the District of Columbia that granted the Federal Trade Commission’s request for a preliminary injunction to block the acquisition. Staples participates in the promotional products industry as distributor Staples Promotional Products (UPIC: AMER0016). Read More »

PPB Newslink May 10: PPAI Announces Return Of American Solutions For Business To The PPAI Expo

Distributor American Solutions for Business (UPIC: AMER0005) has inked a two-year strategic agreement with PPAI to host its annual sales meeting during The PPAI Expo 2017 and 2018. Upcoming Expos will take place January 7-12, 2017, and January 13-18, 2018 at the Mandalay Bay Convention Center in Las Vegas. Read More »

PPB Newslink May 5: Gildan To Acquire Ennis, Inc. Apparel Division Alstyle Apparel, LLC

Supplier Gildan Activewear Inc. (UPIC: GILDA381) has signed a definitive agreement to acquire 100 percent of the equity interest of supplier Alstyle Apparel, LLC (UPIC: alsty754) and its subsidiaries, which constitute the apparel division of supplier Ennis, Inc. (UPIC: Ennis). The acquisition is subject to regulatory and customary closing conditions and is expected to close before the end of June. Read More »

PPB Newslink May 3: Consumer Confidence Slips In April

Consumer confidence slipped in April, after showing an increase in March. The Conference Board’s Consumer Confidence Index stood at 94.2 in April, down from 96.1 the previous month. Read More »

PPB Newslink April 28: U.S. Customs Detains Imports Over Forced Labor Concerns

Late last month, U.S. Customs and Border Protection (CBP) detained materials due to the manufacturer’s alleged use of forced prison labor. The March 30 seizure of goods from Chinese chemical producer Tangshan Sanyou Group Co. Ltd. was ordered by CBP Commissioner R. Gil Kerlikowske. Commissioner Kerlikowske’s detainment notice focused on textile manufacturing materials containing soda ash and viscose rayon from Tangshan Sanyou, a second-tier supplier for a number of U.S. clothing importers. Read More »

PPB Newslink April 26: U.S. Manufacturing Becoming More Competitive

Manufacturing in the U.S. is set to rebound in the coming years, with the country expected to become the world’s most competitive manufacturing nation by 2020. The 2016 Global Manufacturing Competitiveness Index report, from Deloitte LLP and the Council on Competitiveness, draws its conclusion from a survey of 500 CEOs and senior leaders at manufacturing companies around the world. Read More »

PPB Newslink April 21: Recent CPSC Recalls Illustrate Commission’s Focus

The Consumer Product Safety Commission (CPSC) regularly issues recalls as problems with products in the market arise. While no recent recalls have involved items specifically in the promotional products industry, the CPSC’s recall listings are illustrative of what the commission is looking for. Read More »

PPB Newslink April 19: Taylor Corporation To Acquire Staples Print Solutions

Print and marketing solution provider Taylor Corporation has entered into an agreement to acquire the assets of Staples Print Solutions, a division of Staples, Inc., parent company of distributor Staples Promotional Products (UPIC: AMER0016). The news was first reported Monday in a PPB Newslink Breaking News alert. The assets will be acquired by Taylor Communications, Inc., a subsidiary of Taylor Corporation. The transaction is expected to be completed in the coming months. Read More »

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