Purchase extends distributors coverage to Houston area, continues regional expansion strategy.
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U.S. economy will continue to expand in second half of 2018.
All eight major components rose year over year in July.
U.S. industrial output rose 0.1 percent from June to July; up 4 percent year-over year.
Michael Train succeeds Edward Monser, who will retire in October.
The company will continue to operate under the Jones Stephens name.
Landis to maintain its New Jersey location and team of associates.
The acquisition will create a company with enhanced product and service capabilities.
Acquisition expands the company's water meter capabilities and product offerings in Colorado and Wyoming.
Damon Audia replaces the retiring Jan Kees van Gaalen, effective September 24.
Company posts solid second quarter results, as seasonal business rebounds from Q1.
Distributors second-quarter sales rise 24 percent to $93.9 million.
Orders rise 5 percent year-over-year; Northeast shows strength in power generation, aerospace activity.
The openings expand Winsupply's reach in Texas, Tennessee and Georgia.
Company reports strong fourth quarter and full year ended June 30, boosted by FCX acquisition.
The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Motors 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:
- AI is Changing How Distributors Operate
- Commentary: How Do You Spell Respect?
- A Strategic Imperative to Fight the Sales Status Quo
- Tariffs Top Manufacturer Concerns
- Market Snapshot: Market Demand for Motors
- MDM News Digest 4815
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Sales of $893 million reflect integration of Cedar Creek acquisition, completed in April.
Acquisition expands distributors overall footprint.