Graybar’s Sales Up 7.2% in 1Q
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
Graybar’s Sales Up 7.2% in 1Q Read More »
2021
Atlas Copco’s 1Q Sales Up 4%
Profit for the Swedish manufacturer Atlas Copco increased 7% over the prior year.
Atlas Copco’s 1Q Sales Up 4% Read More »
Beacon Names McDevitt as EVP and Chief Human Resources Officer
McDevitt will take the CHRO reins from Harrison, who is departing Beacon later this quarter.
Beacon Names McDevitt as EVP and Chief Human Resources Officer Read More »
ABB’s Sales Increase 11% in 1Q
The electrical giant reported profit of $502 million, a 34% improvement when compared to the year-ago period.
ABB’s Sales Increase 11% in 1Q Read More »
3M Posts Higher 1Q Profits as Sales Spike Across All Sectors
Increase in revenues led by 3M’s Safety and Industrial division where total sales were up by 13.7%.
3M Posts Higher 1Q Profits as Sales Spike Across All Sectors Read More »
Hisco Acquires Shurmed Health
Acquisition of specialty adhesive solutions manufacturer expands Hisco’s national converting and fabrication capabilities.
Hisco Acquires Shurmed Health Read More »
Womack Electric Supply President Announces Retirement
Burke Herring will be retiring after nearly four decades of service with the electrical distributor.
Womack Electric Supply President Announces Retirement Read More »
SRS Distribution Opens Nine New Locations
Greenfield locations will play a key role in SRS Distribution’s expansion plans in 2021.
SRS Distribution Opens Nine New Locations Read More »
‘The Pandemic Has Laid Bare the True Reality of Sales’
Even prior to the pandemic, the role of outside salespeople has been outdated for the past 20 years, according to Ballistix’s Justin Roff-Marsh, who is a sales management and marketing consultant.
‘The Pandemic Has Laid Bare the True Reality of Sales’ Read More »
Advance Report: New Orders for Durable Goods Up 0.5% in March
Manufactured durable goods have increased 10 out of the last 11 months, with February the only decline in nearly a year.
Advance Report: New Orders for Durable Goods Up 0.5% in March Read More »
US LBM Holdings Opens New Roofing and Siding Location in Paterson, NJ
The new location compliments US LBM Holding’s existing roofing and siding site in Newark.
US LBM Holdings Opens New Roofing and Siding Location in Paterson, NJ Read More »
Electric Supply Partners with PE Firm Supply Chain Equity Partners
SCEP’s investment in the Florida-based electrical distributor marks its 44th distribution investment since 2007.
Electric Supply Partners with PE Firm Supply Chain Equity Partners Read More »
Pool Corp. Posts New Record for Net Sales in Q1
Due to strong results, Pool Corp. raises its guidance for the remainder of the year.
Pool Corp. Posts New Record for Net Sales in Q1 Read More »
Key Takeaways from Distributors’ 1Q Outlook
The latest quarterly MDM-Baird Industrial Distribution survey shows distributors are paying close attention to pricing inflation, supply chain issues and technology adoption challenges.
Key Takeaways from Distributors’ 1Q Outlook Read More »
Commentary: Key Takeaways from Distributors’ 1Q Outlook
The latest quarterly MDM-Baird Industrial Distribution survey shows distributors are paying close attention to pricing inflation, supply chain issues and technology adoption challenges.
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Commentary: Key Takeaways from Distributors’ 1Q Outlook Read More »
Distributors Optimistic about Strength of Post-COVID Recovery
MDM-Baird Distribution Survey: Recovery starts to heat up in the first quarter while outlook improves for the rest of 2021.
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Distributors Optimistic about Strength of Post-COVID Recovery Read More »
Download this Issue as a PDF: April 25 2021
The second quarterly data issue of 2021 contains benchmark information from the first quarter of 2021, straight from nearly 500 respondents to the latest MDM-Baird quarterly survey. 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.
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Download this Issue as a PDF: April 25 2021 Read More »
Sonepar USA Promotes McCulloch to President of North Coast Electric
Prior to his promotion, McCulloch served as executive vice president at North Coast Electric, among other positions in his 35-year career with the company
Sonepar USA Promotes McCulloch to President of North Coast Electric Read More »
Bearings Maker SKF Boosts Year-Over-Year Profit in Q1
SKF CEO Danielson expects sales to continue to grow in Q2 to reach pre-COVD levels
Bearings Maker SKF Boosts Year-Over-Year Profit in Q1 Read More »
Motion Sales Up 0.1% in 1Q
Genuine Parts Co., the parent of Motion, reported that the distributor’s 1Q sales of $1.5 billion were up 0.1% year-over-year and represented 34% of the company’s revenues in the period.
Motion Sales Up 0.1% in 1Q Read More »
