David Wilson Succeeds Retiring Interim President Tom Pajonas.
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Reuters: Company making changes to avoid "fight with activist investors."
U.S. cutting tool consumption down 8.4 percent from June.
The company has agreed to a maintain compliance program for selling and distributing recalled products.
Five components increased in the month, while five declined.
Year-to-date, orders were up 10.1 percent.
The transaction will combine Honsador's operations with CanWel's North American platform.
News briefs from August 26 – September 10, 2017
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Bearings 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:
- Grainger’s Pricing Initiative, pt 2: The Quest for Optimization
- 3 Lessons for Midsize Distributors
- Commentary: Harvey’s Stark Reminder on Disaster Planning
- Distribution M&A Playbook, pt. 3: Integration Best Practices
- Market Snapshot: Market Demand for Bearings
- MDM News Digest 4717
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The mining, quarrying and oil and gas extraction sector was the main source of the increase.
The distributor will become part of Atlas Copco's compressor technique business area.
Electrical distributor revamps C suite with promotions, addition of new position.
Seven provinces registered declines in the total value of building permits in July.
Fourth-quarter sales up 2.5 percent from year-ago period.
The plan aims to better position the companys aerosystems business for increased profitability.
