Cooper Industries Acquires Eka Systems
Acquisition of Eka marks Cooper's fourth in its Energy Automation Solutions business.
Cooper Industries Acquires Eka Systems Read More »
April 2010
BLUE HAWK, Embassy Group & IMARK Form Alliance
United Cooperative Alliance of America will focus on improving business practices across the verticals.
BLUE HAWK, Embassy Group & IMARK Form Alliance Read More »
Interline Brands’ Plans for Jan-San
Distributor keeps focus on cross-selling opportunities and acquisitions that will expand its reach in jan-san.
Interline Brands’ Plans for Jan-San Read More »
Beacon Roofing Supply Buys Phoenix Sales
Acquisition of Phoenix strengthens Beacon's commercial roofing presence in Central Florida.
Beacon Roofing Supply Buys Phoenix Sales Read More »
February Machine Tool Consumption Up 22% YTD
Total for manufacturing technology consumption is up 28% from January.
February Machine Tool Consumption Up 22% YTD Read More »
Noland Opens first Louisiana Location
New location in Baton Rouge will service a seven-parish area.
Noland Opens first Louisiana Location Read More »
U.S. Market Analysis: 2009 Plastics MRO
The industrial product group listed here - Plastics MRO - represented a market in 2009 of $X.XX billion, according to estimates by Industrial Market Information, Minneapolis. These charts show the top ten industries, by SIC code, consuming these products; and the 2009 end-user consumption of these groups sorted by the nine government market regions.
U.S. Market Analysis: 2009 Plastics MRO Read More »
Tracking Commodity Prices
Commodity prices have seen sharp ups and downs over the past two years. MDM spoke with experts to gain a broad perspective on current trends in key commodity price shifts and forecasts that impact distributors across many sectors. Included in this analysis: copper, iron ore (steel), lumber and gypsum.
Two years ago prices for finished steel and the products needed to manufacture it reached record highs. Price contracts couldn't keep up with spot price increases and were often abandoned by suppliers.
After just a few months, prices plummeted to lows that made "breaking even" questionable …
Tracking Commodity Prices Read More »
New Wolseley CEO Outlines Strategy
At Wolseley’s first-half 2010 results call with analysts and investors, new Chief Executive Ian Meakins spoke for the first time at length about his plans for the struggling global distributor of HVAC/plumbing and building material products.
In one of his first in-depth presentations as the new chief executive of Wolseley, Ian Meakins was blunt with his appraisal of the global distributor’s business, which has seen some big highs and dramatic lows in the past five years.
New Wolseley CEO Outlines Strategy Read More »
Tool Market Shifts Again
Cooper Industries and Danaher Corp. recently announced they would be merging their tool businesses in a joint venture. The soon-to-be CEO of the new joint venture, which is expected to close by the end of the second quarter, spoke to MDM about why the tool businesses were a good fit, and how the deal will impact distributors.
Danaher Corp. and Cooper Industries will be entering a joint venture to combine their Danaher Tool Group and Cooper Tools businesses. Danaher Tool Group executive Steve Breitzka, who will lead the joint venture when it closes at the end of second quarter, said that current market conditions provided …
Tool Market Shifts Again Read More »
Download this Issue: MDM April 10, 2010
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Download this Issue: MDM April 10, 2010 Read More »
Commentary: Airgas, HD Supply Fight Impacts of Turbulent Times
Nearly every distributor took a beating in 2009. A few are still getting kicked while they're down. If you're a competitor to Airgas or HD Supply, that turmoil couldn't come at a better time.
Case 1: Airgas is in a fight for its life. In February, Air Products made a hostile bid for Airgas. It has been getting more hostile since. The investor analysis by Air Products is at www.airgasoffer.com. And here are the documents Airgas has produced for its investors to fight the offer.
Commentary: Airgas, HD Supply Fight Impacts of Turbulent Times Read More »
February 2010 Wholesale Revenues Up 0.8%
From February 2009, sales have grown 9.8% for wholesaler-distributors.
February 2010 Wholesale Revenues Up 0.8% Read More »
R/W Connection Acquires Virginia Carolina Belting
Virginia Carolina Belting president will stay with company.
R/W Connection Acquires Virginia Carolina Belting Read More »
MSC Industrial Direct Sales Grow 12.4% in 2Q
MRO supplies distributor MSC says overall growth driven by large accounts.
MSC Industrial Direct Sales Grow 12.4% in 2Q Read More »
Zep Sales Up 11.1% in 2Q
The manufacturer of cleaning and maintenance products reported a profit of $0.7 million in the quarter.
Zep Sales Up 11.1% in 2Q Read More »
MSC Industrial Direct’s ‘Land Grab’
The MRO supplies distributor says 'share-gain opportunities' are more compelling now than in the recession.
MSC Industrial Direct’s ‘Land Grab’ Read More »
Arrow Electronics Announces Two Acquisitions
The acquisitions of Converge and Verical will expand Arrow's service offerings to existing and new customers.
Arrow Electronics Announces Two Acquisitions Read More »
Small Business Owners Less Optimistic About Economy
New study shows small-business owners expect business conditions to grow worse.
Small Business Owners Less Optimistic About Economy Read More »
