Air Liquide Sales Up 9.2% in First Half of 2021
For the first six months, the company’s gas and services segment — its largest, by far — grew 8% to US$12.3 billion.
Air Liquide Sales Up 9.2% in First Half of 2021 Read More »
July 2021
Weyerhaeuser Sales Up 92.8% in 2Q
For the first six months, Weyerhaeuser reported sales of $5.7 billion, up 68.2% over the same period a year ago.
Weyerhaeuser Sales Up 92.8% in 2Q Read More »
Würth Additive Group Expands Distribution of Markforged’s 3D Digital Forge
The agreement will blend Digital Forge into Würth Additive Group’s additive manufacturing solutions on a global scale.
Würth Additive Group Expands Distribution of Markforged’s 3D Digital Forge Read More »
Grainger’s Q2 Sales Improve 13.1%
Industrial distributor’s sales for the first six months increased 7.8% from the same period of 2020.
Grainger’s Q2 Sales Improve 13.1% Read More »
Illinois Tool Works’ 2Q Sales Up 43%
Illinois Tool Works also reported second-quarter net income of $775 million versus $319 million a year ago.
Illinois Tool Works’ 2Q Sales Up 43% Read More »
Boise Cascade Promotes Hoffman to SVP
Hoffman currently leads Boise Cascade’s purchasing activities in its Building Materials Distribution (BMD) division.
Boise Cascade Promotes Hoffman to SVP Read More »
AGCO Posts Net Sales Increase of 43.5% in 2Q
AGCO’s net sales for the first six months of 2021 were $5.3 billion, an increase of 33.6% compared to the same period last year.
AGCO Posts Net Sales Increase of 43.5% in 2Q Read More »
Fortive’s Revenue Increases 26.7% in 2Q
Fortive posted a second-quarter profit of close to $181 million compared to $130 million in the same quarter a year ago.
Fortive’s Revenue Increases 26.7% in 2Q Read More »
MRC Global 2Q Sales Improve 14%
The pipes, valves and fittings distributor saw sales improve and significantly narrowed its loss in the period.
MRC Global 2Q Sales Improve 14% Read More »
Border States Electric Names McConeghy as Chief Information and Digital Officer
Prior to joining Border States Electric, McConeghy was the chief information officer for Sierra Nevada Corporation.
Border States Electric Names McConeghy as Chief Information and Digital Officer Read More »
L&W Supply to Open New Branch
Building materials distributor will open a location in Beltsville, Maryland, its eighth in the DC/Baltimore area.
L&W Supply to Open New Branch Read More »
Amazon 2Q Sales Up 27.2%
Net product sales for Amazon totaled $58 billion in the quarter, up 15.4% from the year-ago period.
Amazon 2Q Sales Up 27.2% Read More »
5 Misconceptions Distributors Have About E-Commerce Platforms
E-commerce costs too much, won’t make a difference to a distributor’s bottom line and isn’t worth much more than brand promotion. Right? Not so fast, say SAP’s David Koenig and Mirakl’s Angela Troccoli.
5 Misconceptions Distributors Have About E-Commerce Platforms Read More »
Lawson Products’ Sales Jump 47.7% in 2Q
For the first six months of 2021, sales at the Chicago-based MRO distributor Lawson Products improved 28.8%.
Lawson Products’ Sales Jump 47.7% in 2Q Read More »
Huttig Building Products’ Revenues Up 28.9% in 2Q
Building materials distributor Huttig Building Products reported second-quarter net income of $14.9 million compared to $1.6 million in 2020.
Huttig Building Products’ Revenues Up 28.9% in 2Q Read More »
BEA: Real U.S. GDP Increases 6.5% in 2Q
The increase in real GDP in 2Q reflected increases in personal consumption expenditures (PCE), nonresidential fixed investment, exports, and state and local government spending, according to the Bureau of Economic Analysis.
BEA: Real U.S. GDP Increases 6.5% in 2Q Read More »
Fischer Process Industries Acquires H. E. Danby
The deal will expand the services and product offerings for Fischer Process Industries, an Ohio-based pumps, valves, and process equipment distributor.
Fischer Process Industries Acquires H. E. Danby Read More »
United Rentals’ 2Q Sales Up 18%
For the first six months of 2021, United Rentals posted a total of $4.43 billion in revenue compared to $4.06 billion over the same timeframe in last year.
United Rentals’ 2Q Sales Up 18% Read More »
Does the Future of Independent Distribution Depend on B2B Marketplaces?
Should Amazon Business hit $100 billion or more in the next few years, it would be a ‘flashing danger sign’ for independent distributors, say Applico’s Nick Johnson and Alex Moazed. The alternative, they tell MDM in this week’s podcast, would be if distributors invest in other marketplaces.
Does the Future of Independent Distribution Depend on B2B Marketplaces? Read More »
Wynnchurch Capital Buys Trimlite
With residential construction continuing to boom in this year, Wynnchurch is getting into the construction game via Trimlite’s door products.
Wynnchurch Capital Buys Trimlite Read More »
