QuickConnect: February 2013
News from NAHAD Members
NAHAD Members announce new catalogs, additional ESOP shares and Canadian Registration Numbers (CRN) availablility.
Jason Industrial announces their latest publications. First, the ninth edition of the IndustrialHose, Couplings, Accessories and Skirtboard catalog is now in print. This new catalog includes 17 new hoses, many of which cover the oil and natural gas market. Other new additions include beveled skirtboard, sugar cone strainers and sight glasses, and it introduces the Jason crimp couplings, ferrules and sleeves program.
Secondly, a new four-page Natural Gas & Oilfield Products brochure is now available. This brochure covers all of the Jason products that we recommend for the oil and gas markets, especially where the fracking process is being used. This brochure covers hose, couplings, accessories and power transmission belting.
Both publications can be found at www.jasonindustrial.com. Printed copies can be obtained by contacting the local Jason District Manager, contacting customer service or calling 1-630-752-0600.
NewAge Industries’ CEO and majority shareholder, Ken Baker, recently announced that in early 2013 he will sell an additional 10 percent of NewAge’s shares to the company’s ESOP (Employee Stock Ownership Plan), raising the total of the ESOP’s ownership to 40 percent.
“This action ensures that additional shares are available to team members who are entering the plan,” stated Baker in a December 13 company-wide meeting. “The shares will be purchased by the ESOP through an internal company loan, just like we did when we launched the ESOP in 2006.” The meeting continued with Baker noting that 2013 holds many promising opportunities. NewAge’s AdvantaPure product line continues to grow, particularly in the biopharmaceutical market where customers are adopting single-use technology. The company is also putting increased focus on its industrial business with the recent hiring of a new divisional manager, Stephen Kuhns, who is actively connecting with customers, seeking opportunities for expansion and looking into new markets.
PureFlex, an ISO 9001:2008 company, is pleased to announce it now offers Canadian Registration Numbers (CRN) on its Fluoropolymer lined hose, bulk fittings and finished factory made assemblies. Products included in this registration are FlexChem rubber covered FEP hose, SmoothFlex SS braided smoothbore PTFE hose, MultiFlex SS or PP braided convoluted PTFE hose, ProFlex SS or PP braided convoluted PFA hose, UltraFlex SS or PP braided heavy wall convoluted PTFE hose, MTH Series PTFE lined smooth bore metal hose and CL2 Series chlorine transfer hoses. For more information please call 616-554-1100 or visit their website www.pureflex.com.