Facilities Maintenance will retain HD Supply name, Construction & Industrial-White Cap will separate.
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As Amazons ground and air delivery services continue to grow, the decision by FedEx highlights a dilemma often faced by distributors: Is the business gained from a relationship with Amazon worth the potential risks of working with a competitor? David Gordon of Channel Marketing Group weighs multiple considerations and potential alternatives for distributors.
The acquisition strengthens Avnets software and IoT capabilities at device level.
Marathon Petroleum Corp is the largest refining company in North America.
The transaction advances Timken's strategy of focusing on growing its leadership position in engineered bearings.
In denying Essendants motion, the court sided with GPC in its contention that Essendant failed to meet its contractual obligations.
The company will become a division of OTP Industrial Solutions.
The company reported daily sales up 6.3% versus a year ago.
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.
Workers at the manufacturing operation have been on strike since June 30.
Following the completion of the transaction, Kaman Distribution will continue to service customers under its three platforms; Automation, Fluid Power and Industrial Technologies.
Nationwide Plastics will operate as a division of Curbell for the immediate future.
Sales for the first six months increased 3.3%.
EIS became the Electrical Specialties Group of Motion Industries in March of 2018.
Five ways distributors can improve customer relationships with vending tools.
Swiss Tool Systems is a supplier of modular tooling systems and high-precision boring and turning solutions for metal cutting machines.
The business will continue to operate under the Olympus Controls name.
Distributors second-quarter sales were down 4.6% to $179.6 million.
Wesco Aircraft will be combined with the Platinum Equity portfolio company Pattonair.