Cardinal Health Completes Sale of Cordis Business to Hellman & Friedman
Previously announced, Cardinal Health is unloading the business for $1 billion.
Cardinal Health Completes Sale of Cordis Business to Hellman & Friedman Read More »
2021
Ingersoll Rand Completes Acquisition of Maximus Solutions
Maximus Solutions is a Montreal, Quebec-based provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market.
Ingersoll Rand Completes Acquisition of Maximus Solutions Read More »
Timken Posts Record Sales in 2Q
Timken reported net income of $104.8 million in the second quarter versus net income of $61.9 million in the same quarter a year ago.
Timken Posts Record Sales in 2Q Read More »
June Construction Spending Up 8.2% Year-Over-Year
Construction spending for the last month of the second quarter was also up 0.1% from the previous month of May.
June Construction Spending Up 8.2% Year-Over-Year Read More »
AD Members Sales Increase 30% in First Half of 2020
Purchases by member companies from AD supplier partners were up 34% over the same period.
AD Members Sales Increase 30% in First Half of 2020 Read More »
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 »
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 »
