The July Manufacturing PMI registered 59.5%, down 1.1 percentage points from the June reading of 60.6%, according to the latest ISM report.
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Timken reported net income of $104.8 million in the second quarter versus net income of $61.9 million in the same quarter a year ago.
Purchases by member companies from AD supplier partners were up 34% over the same period.
The agreement will blend Digital Forge into Würth Additive Group’s additive manufacturing solutions on a global scale.
AGCO’s net sales for the first six months of 2021 were $5.3 billion, an increase of 33.6% compared to the same period last year.
Fortive posted a second-quarter profit of close to $181 million compared to $130 million in the same quarter a year ago.
E-commerce costs too much, won't make a difference to a distributor's bottom line and isn't worth much more than brand promotion. Right? Not so fast, say SAP's David Koenig and Mirakl's Angela Troccoli.
Building materials distributor Huttig Building Products reported second-quarter net income of $14.9 million compared to $1.6 million in 2020.
The increase in real GDP in 2Q reflected increases in personal consumption expenditures (PCE), nonresidential fixed investment, exports, and state and local government spending, according to the Bureau of Economic Analysis.
For the first six months of 2021, United Rentals posted a total of $4.43 billion in revenue compared to $4.06 billion over the same timeframe in last year.
With residential construction continuing to boom in this year, Wynnchurch is getting into the construction game via Trimlite’s door products.
The U.S. Census Bureau said on Wednesday that wholesale inventories in June were up 10.2% from the same month a year ago.
Gerhard starts his new job in August and will join Specialty Building Products’ executive leadership team.
Second quarter growth exceeds low-double digit outlook, but supply chains and the labor market are concerns.
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Bartlett Bearing celebrated its 70th anniversary with an update to its brand that included new social media, a newsletter and a re-designed website.
The U.S. Census Bureau reported the combined value of distributive trade sales and manufacturers’ shipments and inventories for May increased by 28.7% from the same month in 2020.
In his new job, Buelow will oversee all of DSG’s sales and marketing functions across its entire footprint.
SpartanNash’s fulfillment center will help ramp up grocery deliveries to customers and stores throughout West Michigan.
Palmer-Donavin’s Robyn Pollina talks about the importance of supplier relationships in the face of unprecedented demand for the company’s building products.
For its initial public offering, Core & Main is offering around 34.9 million shares at a price range of $20 to $23 per share.
