Banking covenant: As defined in the banking agreements, the "banking covenant" ratio is the ratio of the Group’s consolidated net debt (including the shareholder loan in Brazil) to the Group’s equity, restated for reserves of changes in fair value of financial instruments and foreign currency translation reserve. This indebtedness ratio is tested once a year on the 31st December, and must be below a limit of 100% on this date.
“Our new partnership with UPS is synergistic and will create the largest master distributor of standard pipe products in the United States,” says merfish.
Today much of the facility beyond the central administration block resembles the set for a post-apocalyptic action film. The blast furnace, conveyor belts and giant cranes to move materials—many inscribed with the words “Made in USSR”—stand idle in scrubby fields. Pipes as wide as manhole covers are coated in creeping grass, and cattle graze in clearings meant to store coal for the furnace.
Pre-registration is required for both classes. To register, call Northeast Community College at (402) 844-7000.
The earned shares shown in the table above for the 2014-2016 performance period include shares received in 2017 by participants in the plan based on the Company achieving a total shareholder return ranking of 19 out of 43 companies in the EEI Index and a resulting payout at 114.29% of target. The earned shares also include shares for a portion of the award that vested on normal retirement of the Company’s former CEO on July 1, 2015 that were issued in 2016 following the 180-day deferral period required under the Internal Revenue Code at a value of $26.35 per share or $848,000.
"Dumping has been a long-standing problem for our factory," said Alain Duhamel, President of USW Local 2423, which represents 65 workers at Nova Tube’s Montreal plant.
Plastics segment revenues increased $12.7 million due to a 9.4% increase in PVC pipe prices on a 2.3% decrease in pounds of pipe sold. Cost of products sold increased $8.8 million, despite the 2.3% decrease in sales volume, due to an 8.8% increase in the cost per pound of pipe sold. The increase in pipe prices in excess of the increase in cost per pound of pipe sold resulted in an 11.3% increase in gross margin per pound of PVC pipe sold. Plastics segment operating expenses increased by $0.8 million mainly due to an increase in property maintenance costs, sales commissions and other selling and administrative costs.
At the end of the day, Gregg Williams typically runs a complex defense that will consist of multiple packages ranging from the 4-3 to the 3-4 and everything in between making the so-called “base” package somewhat irrelevant. Given that NFL teams run almost 70% of their defensive plays out of the nickel formation anyways, this likely won’t be as important of an issue as people may be making it out to be.
Based on results from the 2016 MNCIP program year, OTP recognized MNCIP financial incentives of $5.1 million in 2016, which included a $0.1 million true-up of 2015 financial incentives earned. The 2016 program resulted in an approximate 18% increase in energy savings compared to 2015 program results. On March 31, 2017 OTP requested approval for recovery of its 2016 MNCIP program costs not included in base rates, $5.0 million in performance incentives and an update to the MNCIP surcharge from the MPUC. On September 15, 2017 the MPUC issued an order approving OTP’s request with an effective date of October 1, 2017.
In a 3-4 defense, Kentucky edge rusher Josh Allen becomes a very appealing choice given his experience at the position with the Wildcats. His production and athleticism are undeniable making him a likely target for the Jets if they don’t trade out of the No. 3 overall pick.
The Tube & Pipe Journal became the first magazine dedicated to serving the metal tube and pipe industry in 1990. Today, it remains the only North American publication devoted to this industry and it has become the most trusted source of information for tube and pipe professionals.
Maria Maxwell of Columbus said she has learned to leave home early for her appointments just in case a bus breaks down.
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Sticking to the belief of Creating products of high quality and making friends with people from all over the world, we always put the interest of customers in the first place for Black Iron Square Pipe , Steel Round Tube , Steel Square Pipe , We have been persisting in the business essence Quality First, Honoring Contracts and Standing by Reputations, providing customers with satisfying goods and service. Friends both at home and abroad are warmly welcome to establish everlasting business relations with us.
