Fourth-quarter sales down 8.9 percent from year-ago period.
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On an organic local-currency basis, sales increased 1.8 percent for the diversified manufacturer.
The two Safety Source facilities will continue to operate under the Safety Source name during the transition.
Acquisition is first step to enter safety market.
Stock Building Supply-BMC merger announced, while Sysco-US Foods deal falls apart.
This article is part of MDM's 2015 Distribution Trends Special Issue. It provides a quick look at key trends affecting the safety products 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
Company purchases four more companies to add to its growing 2015 total.
Acquisition expands company's presence in the personal safety industry.
Company agreed to acquire businesses in the U.S., Colombia, Canada and France.
Russell Shaller named senior vice president and president of identification solutions.
First quarter sales in the Americas grew 6.5 percent year-over-year.
Industrial segment sales fell 4.3 percent for the diversified manufacturer.
Fourth quarter sales up 4 percent year-over-year.
Acquisition expands company's presence in Southeastern U.S.
Portfolio management, investment in innovation, business transformation fuel record year.
Diversified manufacturer also posts 4Q sales increase of 2 percent.