Union of Stellar Industrial and Impact Industrial was about more than just business.
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
MRO distributor Stellar Industrial Supply, Tacoma, WA, found an ideal acquisition target in Impact Industrial Supplies, Tampa Bay, FL. The companies CEOs spoke with MDM about the deal that merged like-minded organizations with similar goals and cultures.
This article includes:
- How the relationship between the two companies evolved
- Creating a smooth transition for employees
- Advice for successful M&A deals
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- Behind the Deal: Anixter & HD Supply
- Global Industrial M&A Activity Keeps Pace in 2Q15
- MDM Interview: TTI’s Strategic Approach to Global Growth
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Swiss competition council grants acquisition approval.
Benefits of a comprehensive digital plan range from hard cost savings to revenue gains.
Fed leaves open possibility of policy tightening later this year.
Students who intern with distributors often become brand ambassadors.
A strategic relationship between a distributor and a college can yield innumerable benefits, and nowhere is that more evident than with an internship program. This article examines how internships help students gain real-world experience, help distributors build recognition and help the industry close the growing talent gap. Part 1 focused on the importance of partnerships between distributors and universities.
This article includes:
- An industrial distribution student's perspective
- The importance of internships for all parties
- Examples of distributors' relationships with colleges
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- College Connection: Virtuous Cycle
- Manufacturing’s Millennial Dilemma
- Succession Planning: Positioning for the Future
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CEO takes reins of Facilities Maintenance as company doubles down on division.
MAPI quarterly forecast says markets are bent but won't break.
Motion Industries, Applied Industrial and OTP Industrial Solutions bolster portfolios.
Advertising in a campus recruiting office or staffing a booth at a college job fair isn’t enough for distributors that hope to successfully recruit the next generation of workers. This article examines how a deep relationship between a distributor and university program can yield innumerable benefits for the company, its recruits and the college it partners with – as well as the industry as a whole. Part 2 will look at how distributors use internships to bolster their position on college campuses and fast-track training for new hires.
This article includes:
- How industrial distribution programs got their start
- Examples of how to go beyond college job fairs
- Benefits of building a relationship with colleges
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- Manufacturing’s Millennial Dilemma
- Succession Planning: Positioning for the Future
- Making the Case for Social Media in B2B
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Historically, distributors have ‘underinvested’ in education.
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Low oil prices, declining yuan, unfavorable currency exchange and soaring trade deficit taking toll.
Let channel partners know well in advance about changes to business systems.
Berkshire Hathaway's purchase of Precision Castparts largest in company history.
Companies must act now to avoid losing market share to global players
Anixter International Inc. recently announced it would acquire HD Supplys Power Solutions division, one of its core lines of business. This article looks at how the $825 million deal benefits both companies.
This article includes:
- What led Anixter to the decision to buy
- Why HD Supply wanted to sell its Power Solutions division
- What is next for Anixter
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- M&A Competition Heating Up
- Amazons B2B Move Reduces Threat
- Second Quarter 2015 Financial Metrics & Trading Multiples
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MAPI economist laments growing deficit and accompanying trade-related job loss.
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The Home Depot's acquisition of Interline Brands headlines mammoth month in M&A.
Berkshire Hathaway subsidiary finds success organically, acquisitively.
