The company divested two businesses in June.
Crane Core Sales Up 6% Read More »
Expectations for revenue growth in 2012 continued to decline in the second-quarter 2012 MDM/Baird Distribution Survey. On average, survey respondents expect revenue growth of 5.2 percent for the full-year 2012, compared with 5.6 percent in the first-quarter survey. Respondents expect revenues to increase by an average of 5.5 percent in the third quarter.
Actual revenue growth for the second quarter exceeded expectations, with an average increase of 7.5 percent compared with the forecast 7 percent. Cutting tools, PVF – industrial & energy, and safety products saw the greatest growth, while respondents in janitorial/sanitation and plumbing sectors reported…
Second Quarter MDM-Baird Distribution Survey: Growth Moderates Read More »
The CFNAI, CFNAI-MA3 and CFNAI Diffusion Index all moved up in June.
Chicago Fed National Activity Index Climbs in June Read More »
Profit increased 13.7 percent to $382 million.
Eaton 2Q Sales Down 0.5% Read More »
Distribution executives need a better handle on their visions for their businesses before they can effectively guide their employees.
Do You Have a Vision for Your Business? Read More »
Overall average revenue growth outpaces forecasts from the first quarter, but is lower than year-over-year growth.
2Q MDM-Baird Distribution Survey: Optimism Wanes, But Pessimism Held at Bay Read More »
Distributors face challenges as they try to capitalize on new opportunities online.
Headwinds in the e-Distribution Evolution Read More »
Strong sales in industrial supplies and janitorial/breakroom categories were partially offset by declines in office products and technology.
United Stationers Sales Up 1.5% in Second Quarter Read More »
Acquisition expands Strauss’ presence in Nassau and Suffolk counties.
Strauss Paper Company Acquires Gemini Supply Read More »
Economist: Strengths among indicators have become less widespread in recent months.
Conference Board Leading Economic Index Declines in June Read More »
U.S. sales, excluding results from Hussmann, increased 4 percent.
Ingersoll-Rand Sales Down 7% in Second Quarter Read More »
Parent company Genuine Parts Company reports sales up 5 percent from last year.
Motion Industries Sales Up 8% in the Second Quarter Read More »
Profit fell 7.5 percent from the prior-year period.
Danaher Second-Quarter Sales Up 25% Read More »
Profit rose 21 percent.
Meyers Industries Sales Up 2.2% in 2Q Read More »
Myrick formerly served as president and CEO of ProBuild, leaving that post in July 2011.
Amercian Builders Supply Names Bill Myrick CEO Read More »
The two companies will be merged under SB Holdings, and will allow for cross-selling opportunities.
Singer Equities Combined with Bishop Lifting Products Read More »
Profit increased 91 percent.
Textron 2Q Sales Up 10.7% Read More »
Organic sales increased 4.5 percent.
Snap-on Sales Up 1.5% in 2Q Read More »
Profit rose 18.9 percent.
Hubbell Posts 10% Second-Quarter Sales Growth Read More »
Profit rose 17.3 percent.
WESCO 2Q Sales Up 9.7% Read More »
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