News
Breaking news in Wholesale Distribution
Chase Corporation, Bridgewater, MA, a global manufacturer of specialty tapes, laminates, sealants and coatings, announced its subsidiary, Chase Protective Coatings Ltd, has acquired Long Products of Rye, East Sussex, England.
  ;
Long Products is a manufacturer of waterproofing and corrosion protection systems for oil, gas and water pipelines and has been a major supplier to Europe, the Middle East and Southeast Asia.
  ;
This acquisition joins Chase’s North American based Tapecoat and Royston brands to broaden the protective coatings product line and better address increasing global demand. Long Products’tapes, epoxies and cathodic protection accessory products are used internationally on new pipeline projects as well as for regular pipeline maintenance.
  …
This is the pdf of this issue of Modern Distribution Management. Apply the full $24.95 pay-per-view cost toward an annual subscription (within 30 days of purchase), which includes two issues a month plus access to more than six years of online archives and market data. Call 1-888-742-5060 or email info@mdm.com to …
London-based global electronics distributor Premier Farnell saw second-quarter sales growth of 3%, despite a more challenging North American market.
Revenue was 178.9 pounds (US$363.3 million) in the second quarter and 362.5 million pounds (US$736M) in the first half.
Total earnings per share were up 13% in the first half.
We continue to make good progress with the rigorous implementation of our business strategy and are especially pleased with the 30% increase in Web sales in the quarter and our success in winning major new franchises,” CEO Harriet Green said.
“While market conditions in North America in the second quarter were rather more challenging than in the first quarter, we delivered growth across all divisions with double-digit growth in …
Ferguson has acquired Western Air Systems & Controls Inc., an exclusive Trane HVAC distributor for the states of California and Nevada with three facilities. In the year ended Dec. 31, 2006, Western Air had revenue of $59.6 million.
  ;
Ferguson has also acquired Davidson Pipe Company Inc., a pipes, valves and fittings distributor in the New York metropolitan market. In the year ended Sept. 30, 2006, Davidson had revenue of $125.8 million.
  ;
Ferguson is a company of Wolseley plc, a global distributor of plumbing and heating products as well as building materials. Wolseley announced five bolt-on acquisitions this month, including one by Stock Building Supply and two in Europe. These acquisitions are expected to add 110 million pounds  ; to total …
Stock Building Supply has acquired ProSource Building Supply Ltd, Houston, TX, a construction services business supplying commercial doors, trim, hardwood, related specialty products and installation services.
  ;
In the year ended Dec. 31, 2006, ProSource had revenue of $17.2 million. The acquisition is in line with Stock’s goal of expanding in the commercial and industrial markets.
  ;
Stock Building Supply is a company of Wolseley plc, a global distributor of plumbing and heating products as well as building materials. Wolseley announced five bolt-on acquisitions this month, including two by Ferguson and two in Europe. These acquisitions are expected to add 110 million pounds to total …
The industrial product group listed here – Hoists – represented a market in 2006 of $495.3 million, according to estimates by Industrial Market Information, Minneapolis.
These charts show the top ten industries, by SIC code, consuming these products; and the 2006 end-user consumption of these groups sorted by the nine government market …
July 2007 sales of merchant wholesalers, except manufacturers’sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $359.0 billion, up 0.8 percent from the revised June level and were up 7.2 percent from the July 2006 level. The June preliminary estimate was revised downward $0.7 billion or 0.2 percent.
  ;
July sales of durable goods were virtually unchanged from last month and were up 4.3 percent from a year ago. Compared to last month, sales of lumber and other construction materials were down 3.2 percent. July sales of nondurable goods were up 0.1 percent from last month and were up 10.0 percent from last year. Sales of drugs and druggists’ sundries were up 1.4 percent from last month.
  ; …
Modern Distribution Management’s July Inflation Index, which measures a cross-section of industrial supplies, was up 0.23% from the previous month, and up 3.16% from July 2006.
Summary of  ; MDM Inflation Index for the past 12 months:
  ;
July 2007 Index 272.4
June 2007 Index 271.7
May 2007 Index 271.2
April 2007 Index 270.8
March 2007 Index 269.6
February 2007 Index 269.4
January 2007 Index 268.7
December 2006 Index  ; 267.1
November 2006 Index 266.5
October 2006 Index 265.9
September 2006 Index 265.6
August 2006 Index 265.2
July 2006 Index 264.0
Please click below to view a print-ready pdf of the  ; MDM Inflation Index for July 2007, listing the ten individual product categories …
We are at a point again in the business cycle where the national media hold a powerful tool and heavy responsibility when it comes to accurately reporting on economic trends. The danger is that one-line headlines and sound bites about recession can spook U.S. consumers into their shells and create the proverbial self-fulfilling prophecy.
The first three articles in this issue offer a few different viewpoints from economists on the state of the economy, the impact of the credit crunch,” and what our readers might consider based on the current climate. We do not predict the falling of the sky. And as economist Alan Beaulieu notes in the cover story: “The U.S. economy is in better shape than most people think it is.”
That’s not to discount the very tough conditions …
Hagemeyer NA has released its 2007-2008 Industrial Products catalog. The 900-page book features 28,000 items.
  ;
This catalog represents an important part of Hagemeyer’s marketing and growth plans and provides our valued customers with a broad array of high-quality products to meet their everyday business needs,” says Brad Pulver, vice president, Product Strategy. “The catalog also showcases several of our value-added services that set us apart from our competition, including; Web-based ordering at www.hagemeyerdirect.com, technical services, vending solutions, inventory management solutions, order automation tools and storeroom management capabilities.
  ;
The catalog is organized in the following product categories:  ;
- Hand …
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
