National Safety Apparel, Cleveland, Ohio, has expanded its USA-based safety and military clothing brands with the acquisition of Chicago-based leather glove manufacturer Kunz Glove and Virginia Beach-based military gear manufacturer Wild Things.
Eric Smith
Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
Posts By Eric Smith
Industrial marketing group AD continues to see reliable growth.
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Bunzl, which also announced two acquisitions on Monday, showed sales growth in the January to June period despite challenges related to COVID-19.
Kaman Distribution Group on Monday announced the appointment of Tom Holtry as area VP of the West and Edwin Mitchell as area VP of the Southwest for the Kaman Industrial Technologies business unit.
Bunzl, the London-based international distribution and outsourcing group, said it had agreed to acquire the Memphis-based safety distributor MCR Safety and Dublin-based packaging distributor Abco Kovex.
Latest CFNAI shows that three of four broad categories of indicators used to construct the index made positive contributions in July, but all four categories decreased from June.
August has brought some more good news to the U.S. economy in general and distribution in general based on the latest round of data reports showing continued momentum, but the industry has plenty of work yet to complete.
Indian River Consulting Group’s weekly PRI notches its second increase in the last three weeks and the first mid-month sales increase since March.
CEO: “We were well positioned to capture growth from the ongoing digital transformation, which has been accelerated by the pandemic, in both consumption and enterprise operations.”
Nichols Paper & Supply Co. announced the appointment of Jason Olthoff as vice president of business development and new markets, reporting to Kevin Rahrig, COO.
Housing starts also up compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau.
Digital offering for customers is one of the four levers that distributors can pull to help them take share during the pandemic — or amid any disruption.
Lowe’s also posts profit of nearly $3 billion as the company rides the wave of home improvement growth amid the COVID-19 pandemic.
Kevin Glorio, a former Georgia Pacific, SKF and Applied executive, is joining Kaman Distribution as vice president of corporate accounts for the Kaman Industrial Technologies business unit.
Online giant now hiring for 3,500 new tech and corporate jobs in Dallas, Detroit, Denver, New York (Manhattan), Phoenix, and San Diego, where it will invest more than $1.4 billion as part of a larger growth plan.
The former HD Supply Waterworks Business announced the completion of its 11th acquisition since being formed in 2017 as an independent, private equity-backed distributor; this latest deal will expand Core & Main’s reach in New Jersey.
Building material distributor BlueLinx Holdings Inc. on Monday said it has completed the sale-leaseback transaction for a Denver distribution facility for $10.6 million.
Electrical distributor Schaedler Yesco Distribution Inc., Harrisburg, Pennsylvania, announced it has acquired the Pittston, Pennsylvania, and Johnson City, New York, locations owned and operated by Rexel USA.
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 3.4% during the month, but it was still 8% below its pre-pandemic February level.
Association is the latest to move its trade show to a virtual event; the ISSA Show North America will take place online instead of live Nov. 16-19.
