May 23, 2007

Grainger: Consolidation is Slowly Changing Marketplace

Companies, Facilities Maintenance (MRO), Free, News, Subscriber Only, Top Distributor Sectors / MDM Staff

Grainger President and COO Jim Ryan told analysts this week that the competitive landscape has shifted thanks to growing consolidation. Small regional and local distributors still command the overwhelming share of this market — more than 75%,” he said. “But they’re under attack from larger regional and national players. The billion-dollar plus players are growing at a disproportionate rate to the market and to their smaller competitors.

“…There is going to be a need for specialist distributors, and there is absolutely a place for large-scale distributors. The ones who will find it more difficult are the generalists in the middle.”

When asked about the potential impact of a possible HD Supply spinoff by Home Depot, Ryan said HD Supply’s position would not change. …

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RBC Bearings Buys Phoenix Bearings

Finance, Free, Mergers & Acquisitions, News, Power Transmission/Motion Control/Fluid Power, Subscriber Only, Top Distributor Sectors / MDM Staff

RBC Bearings Incorporated, Oxford, CT, a manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, has acquired Phoenix Bearings Limited for $4.3 million in cash.

Phoenix, in Gloucestershire, England, manufactures bearings for the steel and mining industries as well as other general industrial applications with bore sizes ranging from 100 millimeters to one meter. Phoenix generated revenues of $4.5 million in its most recent calendar year.

RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings and …

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Report: Manufacturing Production to Slow to 2.1% Growth

Economic Trends, Free, News, Research & Analytics, Subscriber Only, Top Distributor Sectors / MDM Staff

Both the overall U.S. Gross Domestic Product (GDP) and the manufacturing sector will decelerate in 2007 before regaining a measure of strength in 2008, according to a new report.
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The Manufacturers Alliance/MAPI Quarterly Economic Forecast predicts that inflation-adjusted GDP growth, 3.3 percent in 2006, will slow to 2.3 percent in 2007 before rebounding to 3.0 percent in 2008. By supplying major assumptions for the economy and running simulations through the Global Insight Macroeconomic Model, the Alliance generates unique macroeconomic and industry forecasts.
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The deceleration in economic growth is primarily a consequence of the continued housing slump, soft business investment, a surprise downshift in exports, and inventory adjustment,” said Daniel …

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May 23, 2007

Grainger: Consolidation is Slowly Changing Marketplace

RBC Bearings Buys Phoenix Bearings

Report: Manufacturing Production to Slow to 2.1% Growth

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