The company has signed an umbrella agreement with the LU-VE Group to sell parts of its air heat exchanger business.
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Outlook calls for moderating employment growth in 2019.
Endries will continue to be led by CEO Steve Endries.
Annualized growth through October was 10.9 percent.
MDM’s top news briefs from November 26 – December 10, 2018
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Welding Gases & Equipment in the U.S., plus the top end users by 6-digit NAICS.
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This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- Another Day, Another New Technology
- Commentary: The Value of Open Dialogue
- Where Do I Start With a Platform?
- The Three Most Important Words in Distribution
- Market Snapshot: Market Demand for Welding Gases & Equipment
- MDM News Digest 4823
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Seven high school seniors win academic scholarships from TimkenSteel Charitable Fund.
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17 manufacturing industries expectrevenue improvement in 2019 compared with2018.
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The decrease was mainly attributable to lower construction intentions for industrial and institutional buildings.
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Company proposes closing UK manufacturing site in Stonehouse, England.
Manufacturer acquires Wisconsin-based company for $64.1 million.
Overall employment grew 155,000 in November, while the unemployment rate remained unchanged at 3.7 percent.
Sales increased 6.8 percent from the same month last year.
Manufacturer says it will sell its highly engineered drives and controls systems business to an affiliate of Sun Capital Partners.
Glassdoor recognizes distributor as one of the best places to work in 2019.
Angel Willis appointed VP, general counsel and secretary, effective January 7.
Distributor reports 18 percent sales increase overall, 30 percent increase in construction and industrial business.
With this acquisition, U.S. LBM now has five locations throughout Maine.
