RWC: Deferred plumbing jobs sinks Reliance profits
Plumbing supplies maker Reliance Worldwide is not tipping any improvement for its operations this year, but as cash-strapped homes and businesses delay repair and maintenance projects - to see pipes burst and the loss of hot water - there will be an eventual uptick.
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RWC is a Georgia-based company that manufactures and supplies products such as pumps, valves and mixers for residential and commercial sectors.
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