October 7, 2008 - Modern Distribution Management

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October 7, 2008

Kaman Acquires Industrial Rubber and Mechanics

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

The subsidiary of Kaman Corp., Bloomfield, CT, Kaman Industrial Technologies Corp., has acquired Industrial Rubber and Mechanics, Inc. of Puerto Rico. INRUMEC will become part of Kaman’s industrial distribution segment.
 
INRUMEC is a distributor of fluid power products; industrial and hydraulic hoses; belting and conveyer systems; pipe, tube, fittings and valves; and packaging machinery to such diverse markets as food, beverage, pharmaceutical, cement and aggregate. The company is also a manufacturer of hydraulic hose assemblies for the same end markets. INRUMEC has a branch and regional distribution facility in Gurabo as well as branches located in Bayamon, Ponce and Mayaguez. The company has annual sales of $13 million.
 
Neal J. Keating, CEO of Kaman Corp., said: …

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Bossard Group Sales Fall in Recent Period

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

Swiss fasteners distributor Bossard Group reported sales for the second four-month period of 2008 were down 3% overall. Profit increased 17%.
 
Sales fell in Europe and the U.S. in the second four-month period, and in Asia sales increased, though not as strongly as in the previous year.
 
In the U.S., Bossard reported that it is still benefiting from the positive business development of one major customer.” Most of its other customers have been hurt by the economic slowdown. Sales in U.S. dollars fell 4.6%.
 
Sales fell in Western Europe, but grew in Eastern Europe, though at a lower level. Overall in Europe, sales fell by 4.9%.
 
Bossard Group is in more than 70 locations worldwide.
 

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Accellos Acquires Prophesy Transportation Software

Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Technology /

Accellos Inc., Colorado Springs, CO, provider of logistics, warehouse, 3PL, transportation, and mobile resource management solutions, has acquired Prophesy Transportation Software, Inc., Bloomfield, CT.

Prophesy is a provider of software solutions designed to manage growing trucking operations for both public and private fleets.
 
Accellos will continue to market and support the Prophesy product line, which will eventually be a key component of Accellos One Transport, a series of solutions designed to assist the transportation carrier, broker and shipper in maximizing the effectiveness of their transportation planning, execution and reporting. Accellos One Transport is part of the Accellos One supply chain suite.
 
Accellos is a global provider of …

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