While sales increased over 3Q 2021, net income decreased to $2.9 billion, or $0.28 per diluted share, Amazon said.
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Jerrel Flatt recently worked for Apex Tool Group, LLC and prior with Colony Hardware, Werner Co. and Newell Rubbermaid.
MDM looks at reports from Stanley Black & Decker, Avnet, Timken, Illinois Tool Works, MSA Safety Incorporated, Caterpillar and Saint-Gobain.
In its fiscal 1Q 2023, Applied Industrial Technologies reported net sales of $1.1 billion and net income of $76.9 million.
Vin Zachariah will be responsible for process improvement across the company and developing execution strategies to drive scale and growth.
The new 105,000 square-foot facility features 55,000 more square feet over the old location, Motion said.
MDM looks at third-quarter 2022 earnings reports from Graybar, 3M, Pentair, SKF, Kimberly-Clark and Simpson Manufacturing.
Texas-based truck and trailer parts distributor FleetPride announced its eighth acquisition of 2022.
Tom Gale and Mike Marks look at unique and deeper factors the current market outlook is triggering for distributors — and the underlying longer-term positive trends where near-term opportunity may also exist.
The deal expands Ewing’s footprint into the Richmond, Virginia, market and opens the supplier’s second location in the state.
The companies reported strong third-quarter figures, with Watsco and Pool Corp breaking sales records and Snap-On topping $1.1 billion.
We share new comments from distributors regarding whether they plan to use new or unique strategies to recruit and retain employees. It illustrates that some are faring much better than others.
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The agreement will allow distributors to send automated triggered notifications when an order is available for pickup via smart locker.
Industrial Supply said the new facility has more than double the amount of space the company had in its previous location.
The company will acquire Northeast-based Survivor Fire & Safety Equipment and Total Fire & Safety Equipment, collectively Survivor Fire.
The trading brand of RS Group plc, an omni-channel provider of products and service solutions, will rebrand as “RS” to start 2023.
The 'unique partnerships' with global manufacturing leaders brings Parts Town’s master distribution portfolio to 215 programs.
Because of lingering inflation, the Fed may enact a fourth straight 0.75-percentage-point increase to interest rates in the coming weeks.
Construction input prices dipped 0.1% in September compared to the previous month but remained 41% ahead of February 2020 pre-COVID levels.
Changes include the appointment of Andrew G. Long as EVP, CEO, products & healthcare services segment, replacing Jeffrey T. Jochims.
