Economy
Reibus Expands in Canada with New Hire
Written by Tim Triplett
May 11, 2021
Reibus, an online industrial marketplace, has expanded its footprint outside the United States with the hiring of Doug Thompson as its country leader for Canada.
Thompson brings more than 30 years of steel manufacturing and supply chain experience to his new role. Most recently, he served as president of Coilplus Canada. “After having spent a career in both transactional and lead commercial roles in the steel community in Canada, I am very excited to be able to bring the Reibus technology solution to supply chain inefficiencies across the metals space,” he said.
Thompson’s appointment enables Reibus to continue to expand its presence in Canada, using Reibus’ unique technology platform to better serve buyers and sellers.
“At Reibus, our mission is to lead with technology, to solve ingrained supply chain problems in the industrial material market. Combining technology with industry expertise is critical to our success,” said John Armstrong, founder and CEO of Reibus. “Doug’s appointment is in line with building and executing Reibus’ long-term go-to-market strategy, as the company strives to transform the industrial supply chain.”
Reibus (www.reibus.com) claims to be an independent SaaS-enabled marketplace that utilizes technology to solve ingrained supply chain problems in the industrial material market by reducing lead-time, improving inventory and streamlining finance and freight services.
Tim Triplett
Read more from Tim TriplettLatest in Economy
Industry groups praise Senate for passing tax and budget bill
The Steel Manufacturers Association and the American Iron and Steel Institute applauded the tax provisions included in the Senate's tax and budget reconciliation bill.
Chicago PMI dips 0.1 points in June
The Chicago Purchasing Managers Index (PMI) slipped 0.1 points to 40.4 points, in June.
Multi-family pullback drives housing starts to 5-year low in May
US housing starts tumbled in May to a five-year low, according to figures recently released by the US Census Bureau.
Architecture firms still struggling, ABI data shows
Architecture firms reported a modest improvement in billings through May, yet business conditions remained soft, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek.
Manufacturing in New York state contracts again
However, companies are growing more optimistic about the future.