Paper and packaging manufacturer announced Wednesday a refinancing plan and an update on second-quarter sales.
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Latest investment from Swedish bearing and seal manufacturer will expand current Chinese plant.
In a recent MDM webcast, Navigating the New Now as a Distributor, Epicors Emma Vas and Mark Jensen discussed key trends that are emerging to help distribution companies thrive. Distributors are finding ways to boost revenue, negotiate supplier relationships, optimize inventory and streamline social distancing.
According to the Industrial Production and Capacity Utilization Report, total industrial production grew 1.4% during the month.
Ben Rushing, a former outside sales representative, rejoins company as regional sales manager for the Western U.S.
U.S. sales decrease 22 percent as company continues to deal with uncertainty surrounding the COVID-19 pandemic.
New location for electrical, HVAC and plumbing branch gives DSG larger footprint, more efficient layout.
More than 13,000 health care and 7,000 government organizations have purchased PPE and other supplies through COVID-19 Supplies site on Amazon Business.
Take note of new business practices youd like to preserve as the country opens back up.
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MDM’s top news briefs from News briefs from May 26 – June 10, 2020.
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This is the PDF of this issue of Modern Distribution Management.
In this issue of Premium, you'll find content centered around tools to take your business into its next phase. You will learn about Global Industrial's new R3 campaign that positions its products for customers' return-to-work needs, find out how to improve your long-term company performance in any climate, and discover how Vallen is using its new VICKIE program to strengthen its talent and leadership pipeline.
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Take note of new business practices youd like to preserve as the country opens back up.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Abrasives in the U.S., plus the top end users by 6-digit NAICS.
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North American buying group AD, Wayne, Pennsylvania, this week announced the group will be going to a virtual format for its slate of 2020 North American and other fall meetings in response to the COVID-19 pandemic. The buying group said it worked collaboratively with impacted divisional boards, committees and its associates to ensure a meaningful […]
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The industrial distributor said preliminary fiscal third-quarter sales were $835 million, which would mark a 3.6% decrease from year-ago period.
Construction and industrial sales decreased 1.1% in the fiscal first quarter.
Distributor expects negative impact from COVID-19 to be reflected in second quarter results.
The companys planned actions will deliver $160 to $170 million in annual pre-tax cost savings, with approximately $25 to $35 million of savings projected in 2020.
Some distributors are updating their price segmentation schemes to ensure they reflect these evolving conditions by overlaying a COVID-19 demand category attribute to complement traditional segmentation schemes.
French distributor of industrial air compressors will become part of Atlas Copcos Compressor Technique business area.
