Pool Corp. Sales Up 39.6% in 2Q
In addition to setting a revenue record of $1.8 billion, the pool supply distributor saw profit increase nearly 65% for the quarter.
Pool Corp. Sales Up 39.6% in 2Q Read More »
July 2021
Motion Sales Increase 19.6% in 2Q
Genuine Parts Co., the parent of Motion — what GPC calls its “industrial parts group” — on Thursday reported that the distributor’s second-quarter sales of $1.6 billion were up 19.6% year-over-year and represented 33% of total company revenues. The increase in sales reflected a 16.4% increase in comparable sales, a 2.4% favorable impact from foreign
Motion Sales Increase 19.6% in 2Q Read More »
4 Foundational Analytics to Become a Data-Driven Digital Distributor
As distributors compete in an increasingly complex environment with non-traditional distributors amidst accelerating growth of digital channels and supply chain disruptions, using data (analytics and insights) to generate, manage and sustain profitable growth is becoming a key trait of resilient distributors.
4 Foundational Analytics to Become a Data-Driven Digital Distributor Read More »
Sonepar USA to Acquire Springfield Electric Supply
With the addition of the Springfield, Illinois-based distributor, Sonepar is expanding its footprint in the Midwest.
Sonepar USA to Acquire Springfield Electric Supply Read More »
Watsco Sales Jump 36.5% in 2Q
Year-to-date sales grow 26.3% from same period in 2020 as company delivers a “blowout” quarter, said the distributor’s CEO.
Watsco Sales Jump 36.5% in 2Q Read More »
Chicago Fed National Activity Index Moderates in June
Latest Chicago Fed National Activity Index (CFNAI) shows that three of the four broad categories of indicators used to construct the index made positive contributions in June, but two categories declined from May.
Chicago Fed National Activity Index Moderates in June Read More »
Achieve Dramatic Distributor Results by Orchestrating Mixed Capabilities
The most successful customers and SKUs don’t just happen; they are the product of orchestrated investment of commitment, time, planning, effort, money, process, product and energy.
Achieve Dramatic Distributor Results by Orchestrating Mixed Capabilities Read More »
PE-Backed JGB Enterprises Expands into Canada
JGB, a portfolio company of the private equity firm HCI Equity Partners, has completed its first add-on acquisition with the addition of Toronto-based Industrial, Petroleum and Mining Supplies.
PE-Backed JGB Enterprises Expands into Canada Read More »
Kimball Midwest to Open Fifth Distribution Center
Industrial distributor is bringing a 142,000-square-foot DC to Newtown, Connecticut, in the first half of 2022.
Kimball Midwest to Open Fifth Distribution Center Read More »
BlackHawk Industrial Acquires Florida-Based Fasteners Distributor
CEO says expansion will allow BlackHawk” to reach more customer production facilities, expand products and services that end-users value, and invest in new effective sales channels.”
BlackHawk Industrial Acquires Florida-Based Fasteners Distributor Read More »
Global Industrial CMO Klaus Werner: ‘If You Don’t Innovate, You Won’t Succeed’
The chief marketing officer for the industrial distributor took that approach to heart during COVID, and on our latest podcast, he shared how the company has innovated to benefit itself and — most importantly — its customers.
Global Industrial CMO Klaus Werner: ‘If You Don’t Innovate, You Won’t Succeed’ Read More »
Rexnord Sales Soar 26.5% in 2Q
The company doubled its profit during the quarter as “momentum across our business continues to accelerate,” according to the CEO.
Rexnord Sales Soar 26.5% in 2Q Read More »
SKF Sales Spike 24.9% in 2Q
Bearing manufacturer SKF also sees sales improve 10.7% in first six months of 2021 as the company rebounds from a COVID-driven slowdown.
SKF Sales Spike 24.9% in 2Q Read More »
Residential Building Permits Up 23.3% in June
And housing starts are up 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 23.3% in June Read More »
Carlisle Cos. to Acquire Building Envelope Systems Provider
Carlisle is paying $1.6 billion to acquire Henry Co. from the private equity firm American Securities LLC.
Carlisle Cos. to Acquire Building Envelope Systems Provider Read More »
Ingersoll Rand Confirms All-Cash Offer to Acquire SPX Flow
Ingersoll Rand has confirmed that it’s made two offers to acquire SPX Flow but so far the company has rejected them.
Ingersoll Rand Confirms All-Cash Offer to Acquire SPX Flow Read More »
Bartlett Bearing Hits Refresh on Branding
Bartlett Bearing celebrated its 70th anniversary with an update to its brand that included new social media, a newsletter and a re-designed website.
Bartlett Bearing Hits Refresh on Branding Read More »
Future-Proofing Distribution Systems with Quantum Computing
Quantum computing offers a significant opportunity to solve complex constrained optimization problems in near real-time, as demanded by modern distribution challenges, with more accuracy and better answers to drive better decisions.
Future-Proofing Distribution Systems with Quantum Computing Read More »
Atlas Copco’s 2Q Sales Soar 14%
Profit for the Swedish manufacturer Atlas Copco increased 46% over the prior-year quarter.
Atlas Copco’s 2Q Sales Soar 14% Read More »
U.S. Census Bureau: Manufacturing and Trade Shipments Down Slightly in May
The U.S. Census Bureau reported the combined value of distributive trade sales and manufacturers’ shipments and inventories for May increased by 28.7% from the same month in 2020.
U.S. Census Bureau: Manufacturing and Trade Shipments Down Slightly in May Read More »
