July 21, 2008 - Modern Distribution Management

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July 21, 2008

Bosch Rexroth Agrees to Buy Hagglunds Drives

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

Bosch Rexroth has agreed to acquire Hägglunds Drives AB, Mellansel, Sweden.

In 2007, Hägglunds Drives employed around 900 people and had sales of €200 million. Hägglunds Drives is an international supplier of hydraulic drive systems, separate drive motors and services. The drive systems are used in a wide range of industries, such as mining and materials handling, marine and offshore, recycling, sugar, pulp and paper.

In the renewable energies sector, Hägglunds Drives products are used to drive machines for producing ethanol, and feature in the first prototypes for generating tidal energy.

The acquisition of Hägglunds Drives expands our industrial hydraulics portfolio and by this we gain potential in growing markets, such as …

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Canada Wholesale Revenues Grow in May

Economic Trends, Research & Analytics, Subscriber Only /

Source: Statistics Canada

The value and volume of wholesale trade in Canada rose in May, due in large part to higher global demand for agricultural chemical products.
 
Current dollar wholesale trade rose 1.6% to $44.2 billion in May, the fourth gain in the last five months. When removing the effect of price changes, sales in constant dollars increased by 0.7% in May.
 
Overall, six of seven wholesale sectors reported higher sales values, with the only decline coming from the automotive sector. Both motor vehicles and motor vehicle parts and accessories fell.
 
Since February 2008, the trend in current dollar wholesale trade has been slightly upwards. This follows a period, from July 2007 to …

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Some Help Improving Fleet Efficiency

Free, Management, Strategy, Subscriber Only /

The ideas in this article posted on Outsourced Logistics may help you improve the efficiency of your fleet. The article was provided by Ryder System Inc., so does include some advertising. Still, with rising fuel prices challenging bottom lines, all advice helps.

Some of the tips in the article:

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Gardner Denver Agrees to Buy CompAir

Finance, Free, Gases & Welding Equipment, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors /

Gardner Denver, Inc. , Quincy, IL, has agreed to buy CompAir Holdings Ltd., a global manufacturer of compressed air and gas solutions. The acquisition values the business at about US$395 million.
 
CompAir, Redditch, U.K., operates through three business divisions: Industrial, Hydrovane, and Reavell. The Industrial division manufactures oil-injected and oil-free rotary screw compressors, piston compressors, and portable rotary screw compressors. These products are used in oil and gas exploration, mining and construction, power plants, and general industrial applications.
 
The Hydrovane division is a manufacturer of rotary vane compressors used in OEM applications such as snow-making and mass transit, and general industrial applications. The third division, Reavell, …

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NAHB/Wells Fargo Housing Market Index: Builder Confidence Falls in July

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

Builder confidence in the market for newly built single-family homes fell for a third consecutive month in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI fell below its previous record low of 18 in June to a new record low of 16 in July, with each of its three component indexes also hitting record lows.
 
Builders are reporting that traffic of prospective buyers has fallen off substantially in recent months,”said NAHB Chief Economist David Seiders. “Given the systematic deterioration of job markets, rising energy costs and sinking home values aggravated by the rising tide of foreclosures, many prospective buyers have simply returned to the sidelines until conditions improve.”
 

Each of the HMI’s …

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