2006

Industrial Supply Corp., Richmond, VA, has acquired C. Arthur Weaver Company, Inc. Formed in 1950, C. Arthur Weaver Company, also in Richmond with branches in Chesapeake and Roanoke, VA, is a wholesale distributor of branded power transmission and fluid power products and services to industrial customers throughout Virginia. Industrial Supply Corp., in business for 73 years, focuses […]

Enterprise software provider Infor has signed an agreement to acquire SSA Global, Chicago, IL, a provider of extended enterprise solutions and services. The acquisition will make Infor a $1.6 billion company.Under the terms of the agreement, Infor has agreed to pay $19.50 per share in cash to SSA Global’s shareholders. The parties anticipate closing the

U.S. Electrical Services, LLC (USESI) announced the signing of an agreement to purchase Electrical Wholesalers Inc. effective June 29, 2006. According to Electrical Wholesaling magazine, EW had revenues of more than $100 million in 2003. Founded in 1920, Electrical Wholesalers (EW) is a distributor of electrical products headquartered in Hartford, CN. With 22 locations and more than 375

MRO distributor Strategic Distribution Inc., Bristol, PA, reported its revenues for the three months ended March 31, 2006, increased $7.7 million, or 26.5%, to $36.7 million from $29 million in the same period last year. The company recorded a net loss of $1.096 million, compared with a net loss of $1.601 million for the same

Economic growth in the U.S. will continue in the second half of 2006, say the nation’s purchasing and supply management executives in their spring 2006 Semiannual Economic Forecast. The projections are part of the forecast issued by the Business Survey Committee of the Institute for Supply Management (ISM).Expectations for 2006 remain high as 72 percent

last year.According to the Wall Street Journal, Iscar was valued at about $740 million back in 1997. In the Berkshire deal, the company was valued at $5 billion, more than six times that 1997 worth. A BusinessWeek article on the deal quoted “Israeli financial sources” who estimate the company’s net income last year was $440

process. Different software companies have embraced the approach to different degrees. You will be reading and hearing a lot more about the concept over the next couple of years. And, as always, there will be some confusion before the smoke clears. Gordon Graham didn't change distribution in a day, and it will take some time

the job their management team did. “By and large, the CEOs felt they did a pretty good job with strategy and negotiation, but they were pretty hard on themselves in due diligence and integration,” Grover says.“… There was a very significant gap in the due diligence between the deals that worked well and the deals

acquire aviation parts distributor Aviall, Inc., Dallas, TX, in an all cash merger for $1.7 billion. Boeing will also assume about $350 million of net debt as part of the transaction. Aviall’s 2005 revenue was $1.3 billion, with more than 25 percent growth expected in 2006. More …Buoyed by acquisitions, Beacon Roofing Supply Inc., Peabody,

Regal-Beloit Corporation, Beloit, WI, ($1.4 billion in 2005 sales) has sold its Regal Cutting Tools business to YG1 Co., Ltd., Incheon City, Korea. ‘This is a very positive move for the Regal Cutting Tools business as it will be aligned with a world leading manufacturer and marketer of high speed and carbide rotary cutting tools,’ said

U.S. machine tool consumption was up 4.8% to $725.59 million in the first quarter 2006 compared with the same period last year, according to the American Machine Tool Distributors’ Association and The Association for Manufacturing Technology.March U.S. manufacturing technology consumption totaled $247.21 million, down 5.8% from February and down 10% from the total of $274.57

Home Depot Supply Aims for $23-$27B by 2010The Home Depot to Buy Hughes Supply for $3.4BThe Home Depot to Acquire National WaterworksHome Depot Subsidiary White Cap Acquires Greenwald SupplyThe Home Depot to Acquire White CapCox LumberHome Depot Supply has expanded its presence on the East Coast with subsidiary Williams Bros. Lumber’s recent purchase of Florida-based

U.S. distributors’ year-to-date sales of PT/MC products rose 11.7 percent through March. Sales in March increased 3.9 percent over February 2006 and were up 12.6 percent as compared with March 2005, according to Power Transmission Distributors Association monthly trend data.For March, the confidence level of U.S. distributors rose to 7.3 from 7.0 in February on

The Home Depot, Atlanta, GA, has agreed to acquire EnerBank USA from CMS Energy. EnerBank provides home improvement loans, which remodeling and trade contractors can offer their customers. It provides loans for a variety of projects, including window and door replacements, heating and air conditioning upgrades, kitchen and bath remodeling, roofing, painting and landscaping work. ‘This acquisition

BlueLinx Holdings Inc., Atlanta, GA, distributor of building products in North America, reported revenues for the first quarter 2006 rose 1.8% to $1.38 billion from $1.35 billion for the first quarter 2005. The increase reflects a 15.7% increase in specialty product sales, partially offset by a 5.6% decline in structural product sales.Specialty product sales were

Metals service center Ryerson Inc., Chicago, IL, reported its first quarter 2006 sales of $1.4 billion decreased 6% from the first quarter 2050 and increased 11% from the fourth quarter 2005. For the first quarter of 2006, tons shipped declined 3.8% while the average selling price was down 2.2%, year-over-year. The average selling price per

Stock Building Supply, Raleigh, NC, a $4.1 billion supplier of building materials and construction services to professionals in the U.S., today has acquired Efficient Electric, United Electric, United Plumbing, and DSI Inc., four companies under the common ownership of Steve Menzies.  ‘The acquisition of Efficient gives us expertise in electrical and plumbing installation and complements