The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for HVACR in the U.S., plus the top end users by 6-digit NAICS.
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Market Snapshot: HVACR Read More »
The unemployment rate was 3.6%, according to the U.S. Bureau of Labor Statistics.
Manufacturing Employment Fell by 12,000 in January Read More »
U.S. sales grew 3.1% in January.
Fastenal’s January Sales Up 3.6% Read More »
Sales for the fourth quarter were $955.2 million, a 0.3% increase year-over-year.
Snap-on Sales Down Slightly in 2019 Read More »
The acquisition of RV Evans further diversifies LINCs business across customers and end markets, as well as geographically with the combined businesses now serving customers in 30 states.
LINC Systems Acquires R.V. Evans Company Read More »
While this privately held industrial supplier with more than 300 employees may not be a Harvard Business School case study in management structure, the three-brother leadership team has managed to buck the odds of many third-generation businesses by nurturing an entrepreneurial culture in an 85-year-old company. Listen to Doug Ruggles share whats worked to drive growth with a customer-centric solutions approach, with host Tom Gale.
Martin Supply’s Doug Ruggles on the Secret to Family-Owned Success Read More »
Year-to-date, the goods and services deficit decreased 1.7%.
The Goods and Services Deficit Increased in December Read More »
For the full year, sales grew 5.8%.
Timken’s Q4 Sales Down 1.5% Read More »
Profit decreased 34% to $1.4 billion.
ABB Sales Increase 1% in 2019 Read More »
The company also announced that is has acquired IntelliPower.
AMETEK Sales Up 6% in 2019 Read More »
Under-investing in customer-facing resources and tools can erode a distributors value, says management consultant Andrew Horvath. However, he cautions that being all things to all customers is often an expensive and inefficient approach. Successful distributors differentiate commercial service levels (CSLs) based on customer need and value, Horvath says.
Why You Should Consider Differentiated Service Levels to Grow Margin Read More »
The acquisition of MTS significantly extends BlackHawks service capabilities into large manufacturing markets.
BlackHawk Acquires Machine Tools Supply Read More »
For the first six months, Sysco reported sales of $30.3 billion, a 1.2% increase from the same period a year ago.
Sysco Sales Up 1.8% in 2Q Read More »
The company reported first-quarter sales of $4.2 billion, up 0.1% compared with the year-ago period.
Emerson’s Q1 Sales Up Slightly Read More »
Profit increased 3.3% to $2.2 billion.
Eaton Sales Down 0.9% in 2019 Read More »
Industrial sales grew 1.5% during 2019.
SKF Sales Up Slightly in 2019 Read More »
For the fourth quarter, sales were $2.3 billion, up 6% over the year-ago quarter.
Anixter Sales Up 5% in 2019 Read More »
WESCO lands Anixter International acquisition and Fastenal draws attention as earnings season gets underway. Follow the links below to read MDMs most popular blogs from January.
Fastenal, Anixter, WESCO Grab Headlines: MDM’s Most-Read Blogs of January Read More »
The company reported a loss of $5.9 million, compared to a profit of $54.7 million in the second quarter of 2018.
Kennametal Sales Decrease 14% in 2Q Read More »
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