Airgas also announced two related leadership appointments for distribution operations and gases production.
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The index’s three-month moving average, CFNAI-MA3, turned negative for the first time since December.
Housing starts were 23.9% below April 2010.
Fuchs is the third acquisition for BlackHawk.
Gulf Coast Bearing & Supply Co. locations will become Applied service centers.
Cost pressures are challenging manufacturers, according to ISM.
Increased demand in North American distribution business helped drive sales growth.
All Parker Hannifin segments reported a double-digit increase in sales and order levels.
Organic growth was 9%; sales increase at double-digit rate for 3M in all geographies.
Sales increases were broad-based across all product categories for the HVAC distributor.
Acquisition fits with Kaman subsidiary’s strategy to strengthen its automation and control position in the west.
But rate of housing starts is still below March 2010.
Sales increase for the MRO distributor attributed to broad improvements across markets.
Gains in the maintenance, repair & improvements sector were offset by declines in specialty construction and infrastructure & energy.
HD Supply also announced the exploration of “strategic alternatives” for its plumbing/HVAC business.
MSC reports gross margin of 46.8 percent for the quarter.
Apax Partners will operate the combined company as Epicor Software Corporation.
