December 11, 2007 - Modern Distribution Management

Log In

Search

December 11, 2007

IDC-USA Enters Fluid Power Market

Free, News, Power Transmission/Motion Control/Fluid Power, Subscriber Only, Top Distributor Sectors /

IDC-USA, Indianapolis, IN, has entered the fluid power market. IDC-USA is partnering with Fittings Unlimited and RYCO Hydraulics; that partnership is complemented by a hose and rubber offering from Jason Industrial.
&nbsp ;
These new supply partner programs provide IDC Distributors with a complete line of fluid power and industrial hose products.
&nbsp ;
With the partnership, IDC-USA is offering its member-owners access to more than 8 million different types and sizes of adapters through the Fittings Unlimited program, which provides hydraulic adapters, quick disconnect fittings, live swivels, and brass fittings & accessories.&nbsp ;
&nbsp ;
RYCO Hydraulics is an independently owned, Australian-based company that entered the U.S. market five years ago. The company …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

IDC-USA Enters Fluid Power Market Read More »

October Machine Tool Consumption up 6.3% YTD

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

October U.S. manufacturing technology consumption was $393.40 million, according to the Association for Manufacturing Technology and the American Machine Tool Distributors’Association. This total, as reported by companies participating in the USMTC program, was down 10.1% from September, but up 3.1% from the total of $381.62 million reported for October 2006. With a year-to-date total of $3,468.93 million, 2007 was up 6.3% compared with 2006.
&nbsp ;
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.
&nbsp ;
While below the previous month’s extraordinary surge, October manufacturing technology orders remained strong,” said John B. Byrd III, AMT president. &nbsp ; “The results virtually …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

October Machine Tool Consumption up 6.3% YTD Read More »

Jackson Safety Acquires Finnish Manufacturer

Finance, Free, Mergers & Acquisitions, News, Safety Products, Subscriber Only, Top Distributor Sectors /

Jackson Safety, St. Louis, MO, has acquired Safemaster OY, a designer and manufacturer of welding helmets in the Nordic Region.
&nbsp ;
Located in Tampere, Finland, Safemaster supplies a range of welding products, including lightweight helmets for grinding and welding as well as helmet systems designed for Powered Air Purifying Respiratory (PAPR) products.
&nbsp ;
Jackson Safety is a manufacturer of welding, PPE and traffic control …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

Jackson Safety Acquires Finnish Manufacturer Read More »

Cooper Industries Buys GS Metals, Clarity Lighting

Electrical, Free, News, Subscriber Only, Top Distributor Sectors /

Cooper Industries, Ltd. has acquired Illinois-based GS Metals, a manufacturer of customized metal safety grating systems, bolted framing, and ladder and wire basket cable tray, and UK-based Clarity Lighting, a designer and manufacturer of light-emitting diode architectural lighting and control solutions.
&nbsp ;
Expected full-year sales for the two companies in 2007 are $55 million and the combined purchase price is $49 million.
&nbsp ;
Cooper is committed to building upon our core businesses, enhancing them by adding more technology and end-user specified products into the portfolio so that we can better serve our customers,” said Cooper Industries CEO Kirk S. Hachigian. “The acquisition of GS Metals complements our existing Cooper B-Line product offerings and enables us …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

Cooper Industries Buys GS Metals, Clarity Lighting Read More »

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!