Overall sales were up 13.2 percent for the electrical distributor, thanks to acquisitions.
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Distributors expect growth to be tempered somewhat by government actions and rising employee costs.
Profit was $400,000 for the quarter, compared to a year-ago loss of $61.2 million.
Arrow finds growth opportunities in services that didn’t exist for the distributor a few years ago
Sales for 3M’s industrial business grew 6.6 percent in the quarter.
Inorganic sales were up 2 percent from the prior year.
Profit fell 25.6 percent to $81 million.
Underlying trends are stabilizing for the European building materials supplier, but sluggish European economies continue to dampen results.
L&W, USG’s distribution business, had its first operating profit since 2008.
Frank Roach, current executive for Canada and the U.S., will continue to focus on opportunities for growth in the U.S.
Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
This index includes:
- Abrasives Products
- Cutting Tools
- Power Transmission Equipment
- Fasteners
- Valves, etc.
- Power Tools
- Material Handling Equipment
- Belting
- Hand Tools
- Misc. Metal
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This report was formerly called the Inflation by Commodity Group Report.
This report is researched and produced by MDM editors. View the First Quarter 2013 report here.
These product groups provide a snapshot of inflation trends based on the Producer Price Index from the U.S. Bureau of Labor Statistics. Second quarter 2012 pricing levels are compared with Second quarter 2013, and first quarter 2013 with second quarter 2013.
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Industrial
- Abrasives
- Adhesives & Sealants
- Metal Cutting Machine Tools
- Metal Forming Machine Tools
- Pumps, Compressors, & Eqmt
- Ind. Material Handling Eqmt
- Rubber & Plastic Hose
- Rubber & Plastic Belts & Belting
- Ind. Rubber Products, nec
- Metal Valves (not fluid power)
- Personal Safety Equipment & Clothing
- Steel Mill Products
Construction
- Softwood Lumber
- Hardwood Lumber
- General Millwork
- Gypsum Products
- Hardboard, Particlebd, Fiberbd
- Plywood
- Plastic Construction Products
- Wood Ties, Siding, Shingles,
- Shakes
Electrical
- Electrical Machinery & Eqmt
- Electronic Components & Accs
- Integrating and Measuring Instruments
- Motors & Generators
- Wiring Devices
- Transformers & Power Regulators
- Switchgear, Switchboard, etc., Eqmt
- Communications & Related Eqmt
- Electric Lamp Bulbs & Parts
Other Related Electrical
- Lighting Fixtures
- Nonferrous Wire & Cable
- Fabricated Ferrous Wire & Cable
Power Transmission/Bearing
- Mechanical Power Transmission Eqmt
- Ball & Roller Bearings
- Plain Bearings & Bushings
- Speed Changers, Drives & Gears
Fluid Power
- Fluid Power Eqmt
- Fluid Power Valves
- Fluid Power Hose/ Tube Fittings
- Fluid Power Pumps & Parts
- Fluid Power Actuators/ Accum/ Cylinders
Plastics
- Plastic Resins & Materials
- Plastic Products (Overall)
Fasteners
- Nuts, Bolts, Screws, Rivets, Washers (overall)
- Aircraft Fasteners
- Externally Threaded Fasteners
- Internally Threaded Fasteners
- Nonthreaded Metal Fasteners
Hardware
- Hardware (overall)
- Builders’ Hardware
Tools
- Hand & Edge Tools
- Power-Driven Hand Tools
- Tools, Dies, Jigs, Molds, Fixtures
- Cutting Tools & Accs (overall)
- Precision Measuring Tools
- Small Cutting Tools
Gases/Welding
- Industrial Gases
- Welding Machinery/ Equipment
Paper
- Pulp, Paper & Allied Products (overall)
- Sanitary Paper Products
- Boxes
- Packaging Products from Plastic
HVACR/Plumbing
- Air Cond. & Refrigeration Eqmt
- Heating Eqmt
- Plumbing Fixtures & Fittings
To view this report, log-in and click on Download pdf below the product listing.
The decline was due in part to decreased demand in industrial distribution.
Strong volumes in Asia and South America were partially mitigated by lower volumes in Europe; sales in North America were steady.
Incremental improvements worked in the past, but todays market requires more rapidity.
Growth driven by increases in global Enterprise Computing Solutions sales.
Profit fell 7 percent during the quarter.
The combined grocery and food distributor will have annual revenues of about $7.5 billion.
