CEO: $48 million divestiture helps MRC "reduce exposure to upstream drilling volatility."
Latest In Industrial PVF
Acquisition expands Macomb's footprint in the southeast U.S.
Group sales growth led by 6.9 percent revenue increase in the U.S.
Purchase expands South Carolina distributor’s footprint in Southeastern U.S.
McJunkin Red Man Corp. opens facility in Monessen, PA, to serve MRC’s Eastern region.
Profit for the distributor of pipes, valves and fittings plummeted 61.9 percent.
Challenger Industries has 11 locations in the U.S.
This article is part of MDM's 2015 Distribution Trends Special Issue. It provides a quick look at key trends affecting the industrial pipes, valves and fittings distribution sector.
The annual feature was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this issue.
The full special issue is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.
Trends outlined in the 2015 report include:
- Good & Bad News for U.S. Economy
- Distributors Get Back to the Basics
- ‘Doubling Down’ on Distributor Relationships
- Distributors Embrace, Expand Online Customer Base
- Distributors Seeking ‘Lean’ Supply Chain
- Distributors Adapt to More Sophisticated Supply Chain
- Distributors Combine Traditional, New Means for Recruiting
- Distributors Change Tune on Generational Shift
- Trend Snapshots for 13 Sectors
The report also includes the following case studies and interviews:
- 2015 MDM Market Movers
- AJ Adhesives Takes Service to New Level
- Plumbers Supply’s “Win-Win-Win-Win”
- MDM Market Leader Profiles
- Culture Drives Success for ERIKS North America
- TTI’s Strategic Approach to Global Growth
Ferguson sales grow 13 percent in the first half.
Group sales growth led by double-digit increases in the U.S.
U.S. sales increased 18.7 percent, primarily on organic sales growth.
U.S. revenue increased 8.2 percent year-over-year to 7 million (US$11.4 million).
Profit for the distributor of pipes, valves and fittings fell 10 percent.
