Wholesale revenues, inventories and ratios from July 2019.
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Posts By Arya Roerig
MDM’s top news briefs from News briefs from September 11 – September 25, 2019.
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Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
This index includes:
- Abrasives Products
- Cutting Tools
- Power Transmission Equipment
- Fasteners
- Valves, etc.
- Power Tools
- Material Handling Equipment
- Belting
- Hand Tools
- Misc. Metal
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The company has named Kevin Murphy as the Group CEO.
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The Index now stands at 125.1, down from 134.2 in August.
Brian Pellegrin will be completing the board term vacated by the resignation of John Serra of Hydraulic Supply Co. earlier this month.
The indexs three-month moving average was up to -0.06 in August.
IDG Compressor had been a part of what is now the Sonepar/Vallen Distribution network since 2001.
PSE will be integrated into the Process Automation Business Unit of Siemens Digital Industries.
Manufacturing output increased 0.5% during the month.
Marathon Petroleum Corp is the largest refining company in North America.
The acquisition strengthens Avnets software and IoT capabilities at device level.
In denying Essendants motion, the court sided with GPC in its contention that Essendant failed to meet its contractual obligations.
The transaction advances Timken's strategy of focusing on growing its leadership position in engineered bearings.
Mitchells operation has been merged into Turners Hattiesburg branch location.
Premium subscribers can access this expanded version of the MDM 2019 Top Distributors List for free. This report, featuring individual company information as well as 10 years' worth of revenue for applicable companies, is available only to MDM Premium subscribers. Subscribe below.
The company will become a division of OTP Industrial Solutions.
The company reported daily sales up 6.3% versus a year ago.
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.
