Emerson Completes Acquisition of 7AC Technologies
Emerson says acquisition will help the company’s customers “further their sustainability goals through better air management.”
Emerson Completes Acquisition of 7AC Technologies Read More »
2020
Is a Grim Winter Coming?
The news has mostly been good since our last update on the reports affecting wholesale distribution, manufacturing and the overall economy, but as coronavirus cases rise, so do fears of a so-called “COVID-19 cliff.”
Is a Grim Winter Coming? Read More »
Avnet Names Phil Gallagher CEO
Gallagher, who has been with Avnet for 37 years, had been serving as interim CEO since August
Avnet Names Phil Gallagher CEO Read More »
Chicago Fed National Activity Index Improves to +0.83 in October
Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in October, and three of the four categories increased from September.
Chicago Fed National Activity Index Improves to +0.83 in October Read More »
3 Ways IoT Can Help Distributors
Optimize operations, prevent theft and prioritize employee health with the assistance of IoT at work, says Sigfox USA’s Eddie Meyersick.
3 Ways IoT Can Help Distributors Read More »
MSC Industrial Supply Names VP for Cross-Channel Growth
Industrial distributor appoints Mark Pickett to newly created role for “leading and driving a consistent brand experience for customers across all of MSC’s platforms and channels.”
MSC Industrial Supply Names VP for Cross-Channel Growth Read More »
Protective Industrial Products Adds Bolt-On PPE Supplier
PE-backed PPE manufacturer Protective Industrial Products Inc. has bought Primax Manufacturing & Trading Inc., a maker of safety gloves and other protective clothing.
Protective Industrial Products Adds Bolt-On PPE Supplier Read More »
Pandemic Revenue Index Slips 2.2%
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 9 to Nov. 13 indicated an 2.2% decrease — but will more lockdowns further drag revenues in the coming weeks?
Pandemic Revenue Index Slips 2.2% Read More »
Beacon Roofing Supply Sales Down 2.3% in Fiscal 2020
Building materials distributor Beacon Roofing Supply also reported that fourth-quarter revenue of $2 billion marked a 0.6% decline from the same period in 2019.
Beacon Roofing Supply Sales Down 2.3% in Fiscal 2020 Read More »
3 Dimensions of Emotional Intelligence That Impact Your Work Performance
Practical tips to improve your self-confidence, stress tolerance and influence — all of which have suffered during the global pandemic.
3 Dimensions of Emotional Intelligence That Impact Your Work Performance Read More »
ABC Supply Opens Location in Quincy, Mass.
Joe Camara, who has been with the company since 2007, will manage the building materials distributor’s newest location.
ABC Supply Opens Location in Quincy, Mass. Read More »
Residential Building Permits Up 2.8% in October
Housing starts also up compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau.
Residential Building Permits Up 2.8% in October Read More »
U.S. Cutting Tool Consumption Down 20.5% in September
Latest report shows U.S. cutting tool consumption up 14.7% from previous month of August, while year-to-date total is down 23.1% from same period of 2019.
U.S. Cutting Tool Consumption Down 20.5% in September Read More »
Lowe’s 3Q Sales Spike 28.3%
Lowe’s also posts a profit of $692 million as the company continues to ride the wave of home improvement growth amid the COVID-19 pandemic.
Lowe’s 3Q Sales Spike 28.3% Read More »
Fastener Distributor Index Up in October
The seasonally adjusted Fastener Distributor Index (FDI) for October was 56.5, up from 49.2 in August.
Fastener Distributor Index Up in October Read More »
Manufacturing and Trade Shipments Up in September
The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for September was up 0.8% from the same month last year.
Manufacturing and Trade Shipments Up in September Read More »
Will Fear of Wall Street Impact Manufacturer Sales Organizations?
If public companies are saving on T&E, how much of a T&E increase will they be able to justify to Wall Street if it reduces earnings and doesn’t increase sales?
Will Fear of Wall Street Impact Manufacturer Sales Organizations? Read More »
Industrial Production Up 1.1% in October
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 1% during the month; industrial production was still 5.6% below its pre-pandemic February level.
Industrial Production Up 1.1% in October Read More »
Ferguson Acquires Two Companies
Plumbing and HVAC distribution giant Ferguson adds Old Dominion Supply Inc. and Atlantic Construction Fabrics Inc. to its portfolio.
Ferguson Acquires Two Companies Read More »
Heritage Landscape Supply Group Expands into Kansas
The 11,000-square-foot location for Heritage Landscape brand HLS Outdoor will be led by Jamie Greenstreet, a nine-plus year industry veteran with experience serving in various operational roles.
Heritage Landscape Supply Group Expands into Kansas Read More »
