ABB Sales Up 32% in 2Q
The Swiss company also reported that its profit grew to $752 million from $319 million in the period.
ABB Sales Up 32% in 2Q Read More »
2021
Manage What You Can Control: A Solid Strategy for the Back Half of 2021
Despite the challenges around inflation and supply chain, many distributors are focused on improving talent management.
Manage What You Can Control: A Solid Strategy for the Back Half of 2021 Read More »
Distributors Continue to Mount Comebacks in 2Q
Second quarter growth exceeds low-double digit outlook, but supply chains and the labor market are concerns.
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Distributors Continue to Mount Comebacks in 2Q Read More »
Commentary: Manage What You Can Control: A Solid Strategy for the Back Half of 2021
Despite the challenges around inflation and supply chain, many distributors are focused on improving talent management.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Commentary: Manage What You Can Control: A Solid Strategy for the Back Half of 2021 Read More »
Download this Issue as a PDF: July 25 2021
The second quarter’s data issue brings similar results from the start of 2021: Optimistic growth numbers coupled with some troubling signs in inventory and inflation. Read the July 25 MDM Premium for complete details on how 2Q21 went down and where distributors are focused for the remainder of the year.
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Download this Issue as a PDF: July 25 2021 Read More »
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 »
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 »
