Housing starts in December were at a seasonally adjusted annual rate of 1,642,000. This is 4.5 percent (±8.8%) …
13% Fewer Housing Starts in 2006 Read More »
SKF has acquired the Preventive Maintenance Company Inc., Elk Grove Village, IL. PMCI has 70 employees with annual sales of about $10 million.
PMCI is in Predictive Maintenance services for industrial customers in the pulp and paper, metals, food, automotive and other industries. The PMCI acquisition strengthens SKF in reliability services, condition monitoring products and maintenance strategies.
The integration of PMCI into the SKF Group has just started.
Related Links:
SKF Group Sales Grow 8.3% in First Half
SKF to Buy Austrian Industrial Seals Co.
…
SKF Acquires Preventive Maintenance Company Read More »
Applied Industrial Technologies, Cleveland, OH, reported sales increased 4% in the second quarter 2007 to $472.36 million. Profit grew 21% to $18.5 million.
Applied Industrial Sales Up 4% in 2Q Read More »
In November, U.S. distributors’ year-to-date sales of power transmission/motion control products climbed 10.7% as compared to sales for January through November 2005, according to the latest November trend data released by the Power Transmission Distributors Association. Sales fell 3.6% over the previous month and were up 7.8% as compared to November 2005.
Nov. Power Transmission/Motion Control Sales Up 10.7% YTD Read More »
Wholesale prices rose 1.1% in all of 2006, in contrast to the 5.4% rise in 2005, the Department of Labor reported. The government attributed the slower rate of advance to the index for finished energy goods, which fell 2% in 2006 after climbing 23.9% a year earlier. Otherwise, wholesale prices except foods and energy moved up 2% in 2006 following a 1.4% gain in 2005.
Wholesale Prices Rise 1.1% in 2006; 0.9% in December Read More »
Apollo Management, which also recently invested in Rexnord, has made an investment in Bradco Supply Corp., a roofing supply distributor based in Avenel, NJ. Bradco has more than 150 branches in the U.S.
Apollo Management Takes Stake in Bradco Supply Read More »
Global fastener distributor The Wurth Group, based in Germany, recorded 12% sales growth in fiscal 2006 to 7.74 billion euro, or US$9.9 billion. Outside of Germany, sales increased by 11.8% to 4.62 billion euro, or US$5.96 billion.
Wurth Grows 12% in 2006 Read More »
The Home Channel News reports that more management changes are expected at The Home Depot following CEO Bob Nardelli’s resignation this month.
More Management Changes at Home Depot Read More »
Ferguson has acquired Cal-Steam Supply Inc., a distributor of plumbing products with 10 locations in the San Francisco Bay area. Cal-Steam had sales of $148.6 million in the year ended Dec. 31, 2005.
Ferguson’s parent company, Wolseley, says the acquisition will benefit from its new Stockton, CA, distribution center to be completed later this year.
Ferguson has also acquired Guntersville Fabrication and Sprinkler Co. Inc. and Guntersville Pipe and Supply. Guntersville distributors and fabricates fire protection systems with three locations in the Southeast. It serves Ohio, Florida, Georgia and Louisiana.
Guntersville had sales of $31.5 million in the year ended Oct. 31, 2006.
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Ferguson Buys $148M Plumbing Distributor Read More »
Private label products—products branded by a wholesaler-distributor—represent a break from the more traditional wholesale distribution approach of reselling manufacturers' branded products. In our new research study, Facing the Forces of Change®: Lead the Way in the Supply Chain, we found that private label strategies by wholesaler-distributors will expand substantially over the next five years.
Private labels will strengthen wholesaler-distributors' relationships with their customers. However, they will strain distributors' relationships with their suppliers by challenging the wholesale distribution channel's traditional …
Private Label Use to Grow Read More »
Beacon Electric Supply in Southern California implemented a fleet management system to increase the number of deliveries drivers could make in a day. The system has also helped Beacon improve customer service levels and keep salespeople apprised of issues at the delivery site.
Technology Case Study: Routing Costs Read More »
1sourcesupplies is an alliance of distributors who want to offer single-sourcing programs to smaller customers, including inventory management, supply chain automation, streamlined billing and information analysis.
Single-Sourcing on a Smaller Scale Read More »
Overall U.S. construction in 2007 is forecast to slow from previous levels, thanks to a downturn in residential building, according to recent reports. But nonresidential construction should stay relatively strong in the new year, with institutional and commercial building leading the way.
Construction to Moderate in 2007 Read More »
MSC Industrial Direct Inc., Melville, NY, said in a recent conference call with investors that it has seen a slowdown in revenue growth in the past few months.
MSC Keeps Eye on ISM Index Read More »
Strategic Distribution, Inc., Bristol, PA, has agreed to be bought out by Platinum Equity in a deal worth $30 million. The deal stipulates that Strategic Distribution will merge with Project Eagle Holding Corp. and Project Eagle Merger Corp., each a Platinum Equity portfolio company. Strategic reported revenues of $136.9 million in 2005 and a net loss of $3.4 million. Platinum Equity has been busy in the industrial sector, recently buying Textron Fastening Systems for $630 million and PNA Group Inc., a $1.2 billion processor and distributor of steel products. More …
Kennametal Inc., Latrobe, PA, has agreed to acquire Federal Signal …
MDM News Digest 3701 Read More »
Modern Distribution Management’s November Inflation Index, which measures a cross-section of industrial supplies, was up 0.20% from the previous month, and up 4.04% from November 2005.
Summary of  ; MDM Inflation Index for the past 12 months:
November 2006 Index 266.5
October 2006 Index 265.9
September 2006 Index 265.6
August 2006 Index 265.2
July 2006 Index 264.0
June 2006 Index 263.0
May 2006 Index 262.1
April 2006 Index 262.1
March 2006 Index 262.1
Febuary 2006 Index 261.2
January 2006 Index 260.2
December 2005 Index 258.1
November 2005 Index  ; 256.1
Please click below on Related Document to view a detailed calculation of the  ; MDM Inflation Index for November 2006, listing the ten …
MDM Inflation Index: November 2006 Read More »
Sales
U.S. Wholesale Revenues Up 1% from October Read More »
November U.S. manufacturing technology consumption totaled $335.02 million, according to AMTDA, the American Machine Tool Distributors’ Association, and AMT – The Association for Manufacturing Technology.
Machine Tool Consumption Down 12% From October Read More »
Hype and speculation tend to follow an industry consolidator. The announcement last week that Home Depot CEO Bob Nardelli was ousted from his position over pay issues and lagging stock gains generated an inordinate amount of buzz. Some even claimed it is a repudiation of the Home Depot model itself and its relatively recent strategy to aggressively grow the wholesale distribution division.
Commentary: HD Supply Strategy Bigger Than One Guy Read More »
This is the pdf of this issue of Modern Distribution Management. Apply the full $24.95 pay-per-view cost toward an annual subscription (within 30 days of purchase), which includes two issues a month plus access to more than six years of online archives and market data. Call 1-888-742-5060 or email info@mdm.com to …
MDM January 10, 2007 Read More »
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