Index increases 3.6 points to 98.4 for the month.
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Acquisition strengthens company's West Coast presence.
Acquisition adds products and capacity for company.
Company expects $120 million to $130 million in annual savings.
Acquisitions will broaden international footprint in multiple categories.
Year-to-date, orders are down 5.6 percent.
Restructuring includes elimination or relocation of approximately 220 positions.
New location in Williston, ND, expands company's footprint.
Sales of durable goods up 2.5 percent from the previous year.
News briefs from November 26-December 10, 2016.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for PVF Metal MRO by end user 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:
- Wholesale Distribution Disrupted
- Commentary: Redefine Top Talent Skills for 2017
- MDM Interview: AgoNow Skates into Crowded Market
- Market Snapshot: PVF Metal MRO Market Demand in the United States
- News Digest
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Company has agreed to sell business to Gemalto for $850 million.
Four appointments follow last month's announcement of a new COO.
Acquisition expands company's global product offering.
Graham McBeth replaces interim President Steven Webb.
Profit increased to $0.7 million for the quarter.
Companies' on-again, off-again discussion to unite now back on track.
Index up 2.7 percent year-over-year.
