Employee education is a retention tool that leads to internal advancement and provides a direct benefit for the distributors who invest in it, says Texas A&M’s Kourtney Gruner.
Andy Boyle will report to Kevin Short, ORS Nasco’s president and CEO.
ORS Nasco Appoints SVP of Sales and Marketing Read More »
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 December, but three categories decreased from November.
Chicago Fed National Activity Index Ticks Up to +0.52 in December Read More »
Rob Dewar, current president of the Industrial & Safety-Canada Division, is being promoted to president of AD Canada.
AD Launches AD Canada Business Unit Read More »
Building materials company joins efforts with Andersen to service the metro D.C. market.
84 Lumber Opens Andersen Window & Door Showroom in Maryland Read More »
Parent company of Global Industrial names Claudia Hughes to SVP and chief sales officer, reporting to CEO Barry Litwin.
Systemax Appoints Chief Sales Officer Read More »
Distributors, manufacturers and industry representatives alike are pinning their expectations for the year primarily on the speed of the vaccine rollout. With that in mind, they are largely bullish on the second half of the year.
Expectations Hinge on a Better Second Half Read More »
Distributors, manufacturers and industry representatives alike are pinning their expectations for the year primarily on the speed of the vaccine rollout. With that in mind, they are largely bullish on the second half of the year.
Commentary: Expectations Hinge on a Better Second Half Read More »
These are the latest indicators on revenue and pricing based on fourth-quarter 2020 results and distributor and manufacturer expectations for first-quarter and full-year 2021. Distributors are optimistic about future business performance.
The Pandemic Recovery is On Read More »
Our first quarterly data issue of 2021 is packed with benchmark information from the fourth quarter of 2020 to help guide your decision-making. It includes sector-specific commentary from distributors in the industrial, electrical, HVAC/plumbing, building products, gases/welding, pipes, valves and fittings markets. You will also find the latest pricing trends and financial metrics and trading multiples.
Download this Issue as a PDF: January 25 2021 Read More »
Industrial distributor appoints Scott Durand as president and Melissa Book as CFO.
Kraft Fluid Systems Appoints New Leadership Read More »
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 11 to Jan. 15 increased 4.6%, reverting to normal growth after weeks in the double digits.
Pandemic Revenue Index Up 4.6% Read More »
However, the manufacturer closed the year on a positive note with fourth-quarter sales up 2.3%.
PPG Sales Down 8.7% in 2020 Read More »
With the benefit of today’s data tools, visualization software and reporting tools, customer stratification is more valuable than ever.
Next Generation Customer Stratification: Driving Performance in 2021 Read More »
Housing starts also up — in the low double digits — compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Residential Building Permits Up 17.3% in December Read More »
Hisco president: “This acquisition enables us to further expand our signature ‘fast, friendly service’ to customers throughout North America.”
Hisco Acquires Kimco Read More »
With these cost-cutting moves, the industrial distributor aims to save $15 million to $18 million annually beginning in fiscal 2022.
MSC Industrial to Close 73 Branches, Eliminate 115 Jobs Read More »
Consolidation continues in the building materials sector following ACS’s eighth acquisition under its current PE ownership.
American Construction Source Acquires Builders Resource Group Read More »
We’re in a Twilight Zone between a pandemic-induced recession and a predicted strong recovery. This is the time to recalibrate and upgrade how customers experience your company’s value.
Why Customer Experience Should Be a Priority Now Read More »
On January’s fourth-quarter earnings call, Fastenal CEO Dan Florness and CFO Holden Lewis pulled back the curtain on how they view the company’s diminishing role of physical branches.
Fastenal Execs Shed Light on ‘Evolving’ Branch Model Read More »
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