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Construction Materials Prices Tame in April Despite Rising Iron and Steel Costs

Overall construction input prices are 0.1% higher than a year ago, while nonresidential construction input prices are 0.2% higher.

May 15, 2025

Construction Data

Despite Tariff Impacts, ABC Contractors’ Backlog and Profit Margin Expectations Improve in April

Backlog has increased significantly over the past year for contractors with greater than $100 million in annual revenues.

May 13, 2025

Peerless Pump acquires Flometrico

Peerless Pump Co. has announced that it has acquired Flometrico of Burlington, Ontario, Canada. Peerless’ relationship with Flometrico dates back more than 50 years and two generations

May 19, 2008

INDIANAPOLIS — Peerless Pump Co. has announced that it has acquired Flometrico of Burlington, Ontario, Canada. Peerless’ relationship with Flometrico dates back more than 50 years and two generations.

“The Flometrico acquisition will give Peerless a base of operation that will allow us to achieve our growth objectives in the region and throughout the country,” said Tim Ballengee, Peerless’ general manager for Canada. “A combination of great location and Flometrico’s superb reputation and expertise will allow us to make this a service, technical support and stocking hub for the entire Canadian market.”

Percy Harcourt, the former owner of Flometrico has agreed to stay and assist Peerless with the orderly transition of the business and to assist with the development of the growth plans for Canada. Other key members of the Flometrico team also have agreed to join the Peerless team.

A member of the Grundfos Group, Peerless serves a variety of segments including municipal, industrial and fire protection markets.