Managing High Retained Earnings: What Companies Do with Excess Profits

By Colleen Blackmore-Doucette, President In today’s competitive business environment, retaining earnings is a strategic decision that many companies face as they look to bolster long-term growth. High retained earnings, which are profits kept in the company rather than distributed as dividends, are often viewed ...

Steel Plus News

SPN is searching for a human resource firm specializing in finding qualified welders!

Are you a human resource firm specializing in finding qualified welders for structural steel fabricators? We would like to hear from you! With many employees retiring, there is a growing demand for skilled trades. Our members are looking for knowledgeable and skilled individuals to ...
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ANNOUNCING a new Preferred Supplier for our Alberta members – Canadian Weld Rod & Wire!

Steel Plus Network welcomes Canadian Weld Rod & Wire Inc. (CWRW) to our strong network! Effective June 1, 2023, CWRW joins SPN as a preferred supplier.  Canadian Weld Rod & Wire Inc. is Alberta's authorized Nelson Stud distributor. CWRW distributes genuine North American studs with ...
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Steel Plus Network presents Kids of Steel!

Steel Plus Network is pleased to present to you... KIDS OF STEEL! A national endowment fund geared to raising money for school nutrition programs. To learn more and to contribute please visit Kids of Steel. We are also pleased to announce that, upon initial ...
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LOOK WHO’S HIRING IN THE STRUCTURAL STEEL INDUSTRY!

Who’s currently hiring in the structural steel industry?     Check out these Steel Plus Network members’ current job listings!   ATLANTIC CANADA MQM Quality Manufacturing  RKO Steel QUÉBEC Breton Steel Acier Marquis Acier Select Acier Trimax Beauce Atlas Canam Lainco  ONTARIO ACL Steel Benson Steel Kubes ...
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Steel Plus Network at the NASCC 2023

What a week! Steel Plus Network landed in Charlotte to attend the NASCC April 12-14, 2023. It was fantastic to connect with our members and suppliers and interact with key decision-makers in the structural steel industry at this year’s tradeshow. NASCC: The Steel Conference ...
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ANNOUNCING a NEW SPN Fabricator Member – JCT Metals, Strathroy, ON!

We are pleased to announce that JCT Metals of Strathroy, Ontario has joined SPN as a fabricator member! JCT Metals was founded by Gary Wicks in early 2012 when he saw an opportunity to break into the market. Gary's main focus since starting out has ...
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ANNOUNCING a NEW SPN Fabricator Member – Collins Steel, Edmonton, AB!

We are pleased to announce that Collins Steel of Edmonton, Alberta has joined SPN as a fabricator member! Collins Steel is a family-owned and operated structural steel fabricator, established in 1984 by Paul Collins. In 2012, Paul's sons, Jason and Ryan, purchased the company. Today, ...
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ANNOUNCING New Member of the SPN Board of Managers – Greg Schofield

On behalf of Jacques Labbé, Chair of the Board of Steel Plus Network, we are pleased to announce the appointment of Greg Schofield of Marid Industries Ltd. (Nova Scotia) as Board Member, representing the Atlantic region.   As COO, Greg is a key member of ...
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What is the purpose of Steel Plus Network?

With the help of our Board, we recently developed this statement outlining the purpose of our network.  🔹 Unique 🔹 Strong 🔹 Collective 🔹 Unified 🔹Networking 🔹 Trust 🔹 It’s a great day to be part of Steel Plus Network 👥 💙
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LOOK WHO’S HIRING IN THE STRUCTURAL STEEL INDUSTRY!

Who’s currently hiring in the structural steel industry?     Check out these Steel Plus Network members’ current job listings!   ATLANTIC CANADA MQM Quality Manufacturing  RKO Steel QUÉBEC Breton Steel Acier Marquis Acier Select Acier Trimax Beauce Atlas Canam Lainco  ONTARIO ACL Steel Benson Steel Kubes ...
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Look back at some of SPN’s fabulous events!

Steel Plus Network is, by definition, a network. We bring people together at exclusive, high-end events to learn from industry leaders, make connections, and socialize with friends. While we gear up for our 2023 AGM in Belgium and Ireland (our most highly anticipated event ...
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LOOK WHO’S HIRING IN THE STRUCTURAL STEEL INDUSTRY!

Who’s currently hiring in the structural steel industry?     Check out these Steel Plus Network members’ current job listings!   ATLANTIC CANADA MQM Quality Manufacturing  RKO Steel QUÉBEC Breton Steel Acier Marquis Acier Select Acier Trimax Beauce Atlas Canam Lainco  ONTARIO ACL Steel Benson Steel Kubes ...
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ANNOUNCING New Member of the SPN Board of Managers – Karine Hubert

On behalf of Jacques Labbé, Chair of the Board of Steel Plus Network, we are pleased to announce the appointment of Karine Hubert of Canam Group Inc. (Québec) as Board Member, representing Canam. With a BA in Business, Operations and Production Management (GOP) from ...
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LOOK WHO’S HIRING IN THE STRUCTURAL STEEL INDUSTRY!

Who’s currently hiring in the structural steel industry?     Check out these Steel Plus Network members’ current job listings!   ATLANTIC CANADA MQM Quality Manufacturing  RKO Steel QUÉBEC Breton Steel Acier Marquis Acier Select Acier Trimax Beauce Atlas Canam Lainco  ONTARIO ACL Steel Benson Steel Kubes ...
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The Future is Bright

This article appears in the fourth edition of Steel Plus Network Connections magazine, released in January 2023. Francis Benjamin, Management & Development, Acier Sélect Acier Sélect began its operations in St-Jean-sur-Richelieu, Québec in 1997 by Jean-Paul Roy. Mr. Roy then retired and passed the ...
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