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Sales for fourth quarter were down 4.8 percent year-over-year.
Company also acquires additional ownership in joint venture with Carrier.
Acquisition of Spanish startup will strengthen company's IoT offerings.
Index increases to 105.9 for the month.
Most of the increase is attributable to final demand goods.
Industrial production down 1 percent in the EU28.
Acquisition expands company's research and development capacity.
Orders are up 20.6 percent compared to the prior month.
News briefs from January 26-February 10, 2017.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Fasteners by end user in the U.S., plus the top end users by 6-digit NAICS.
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- Use Tech to Work Smarter, Not Harder
- Market Snapshot: Cutting Tools Market Demand in the U.S.
- MDM Pricing Trends Report: Fourth Quarter 2016
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This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- Wholesale Distribution Disrupted, Part 3: Building a Distributor of the Future
- Commentary: Whats Your Mid-Market Strategy?
- Distributors See Stronger Profitability
- Market Snapshot: Fasteners Market Demand in the United States
- News Digest
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Fourth-quarter sales increased 10.8 percent.
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Fourth-quarter sales increase 2 percent year-over-year.
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Acquisition enhances FCX’s service and repair offerings.
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