The diversified wholesale distributor recorded a loss of $267 million for the quarter.
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Including positive exchange, Bunzl revenues will grow 11%.
Specialty Gases and Equipment Reference Guide is now available at its Web site.
Acquisition of the manufacturer of socket head screw products will expand Fastenal’s product offerings.
Modern Distribution Management’s August Inflation Index, which measures a cross-section of industrial supplies, was down 0.62% from the previous month, and up 2.14% from August 2008.
From October 2008, sales were down 9.6%, a less-steep decrease than previous months.
Power Transmission Distributors Association outlook report shows slight increase for U.S., Canadian manufacturers.
Overall unemployment rate edges down to 10% for the month.
Benefits of stimulus policies ‘dampened’ by labor, credit market challenges.
Fitch had four locations in Oklahoma and Texas.
K&D Pratt Industrial Division has three facilities in the Atlantic Provinces.
Third quarter estimate reflects increase in inventory investment, government spending and residential fixed investment.
Panel forecasts housing starts will improve 36% in 2010.
Composite indexes point to economic recovery ‘finally settling in’
Residential markets started to show signs of stabilizing during the first quarter for the distributor, while industrial and commercial markets are expected to remain ‘challenging’
Core Producer Price Index down 0.6%, led by lower prices for passenger cars.
U.S. sales for Rexel dip 34.8% in the quarter and 31.7% in the first nine months.
National Federation of Independent Business Index moves up, but respondents report obstacles to recovery.
