The Conference Board says worldwide economy will remain strong in 2019, but growth is showing signs of peaking.
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Praxair expands in Nevada; Air Products launches joint investments in Algeria.
Distributor reports solid Q3, as project sales rise 13 percent and MRO sales rise 10 percent.
Fastener distributor acquires Linquan Precision Co Ltd., Suzhou.
Brookfield Business Partners will buy the business for $13.2 billion, company says.
Year-to-date sales were up 6.1 percent year-over-year.
The acquisition will form SBPs foundation in the fluid power repair and services industry.
MDM’s top news briefs from October 26 – November 10, 2018.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Industrial Hose 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:
- Tariffs Impact Still Mixed
- Commentary: Beyond Amazon: Managing Digital, Disruption and Change
- Leadership for the Digital Age
- Deconstructing Amazon Business
- Market Snapshot: Market Demand for Fasteners
- MDM News Digest 4821
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The acquisition enhances Sandviks position and product offering in North America, primarily within the Aerospace segment.
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Sean Baird takes over as president of the association.
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Susana Gonzalez to lead operations in Europe, the Middle East and Africa.
Home improvement retailer doubles its commitment to veterans, pledging to continue its work with nonprofit groups.
The company offers 10 percent off on everyday purchases for veterans and active military servicemen and women.
Octobers rise is the largest jump in six years.
Distributors sales reach $860 million as it continues to integrate Cedar Creek acquisition.
Fiscal first-quarter sales reach $35.2 billion, driven by growth in both pharmaceutical and medical segments.
Paul McDonnell promoted to executive vice president, sales and specialty operations of rental equipment company.
