News
Breaking news in Wholesale Distribution
Five U.S. producers of steel nails have filed antidumping duty petitions alleging that dumped imports of nails from China and the United Arab Emirates (UAE) are causing material injury to the domestic industry. The petitioners allege antidumping margins of 59 percent to 136 percent for China and 98 percent to 114 percent for the UAE.
The petitioners are Mid Continent Nail Corporation, Poplar Bluff, MO; Davis Wire Corporation, Irwindale, CA; Gerdau Ameristeel Corporation (Atlas Steel & Wire Division), Tampa, FL; Maze Nales (Division of W.H. Maze Company), Peru, IL; and Treasure Coast Fasteners, Inc., Fort Pierce, FL.
Domestic nail producers contend that unfairly priced imports of steel nails have injured the U.S. industry by undercutting their prices and taking sales based …
ABC Supply Co. Inc., Beloit, WI, has purchased Ashley Aluminum LLC.  ; Ashley Aluminum’s 48 branches in Florida, Texas, Alabama and Georgia are now part of ABC Supply’s Town & Country Industries division.
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ABC Supply is a $3 billion distributor of roofing, siding, windows and other select exterior building products.  ; ABC Supply’s Town & Country division is a wholesale distributor of aluminum and building products.  ; These include awnings, pool enclosures, screen doors and other patio products; shutters and Eyewall Armor hurricane protection products; extrusions, custom shapes and aluminum products for the industrial market; and such exterior building products as decking, railing and vinyl siding.
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ABC Supply operates more than 350 branches …
ITT Corporation, White Plains, NY, has agreed to acquire International Motion Control, Buffalo, NY, for $395 million. IMC is a supplier of motion control products with 2006 revenues of $200 million.
The IMC acquisition aligns exceedingly well with our strategy to grow the ITT Motion and Flow Control business globally. IMC adds a complementary mix of highly engineered, mission-critical products to expand our core capabilities in specialty energy absorption and motion control applications,” said Steve Loranger, president and CEO of ITT.
IMC is a manufacturer of specialty energy absorption, industrial and aviation control and automation technology under the brand names of Burny, Enidine, Compact Automation, CMC, and Midland-ACS and others. Under brand names including …
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W.W. Grainger, Chicago, IL, $5.9 billion broad-line distributor of facilities maintenance products, sells primarily to industrial and commercial maintenance departments, contractors and government customers. The company has been driving two initiatives: market expansion, which is nearly finished in the U.S., and product expansion. Grainger recently released its 2007 Factbook, which is full of statistics on its operations in the U.S., Mexico, China and Canada. The following graphics, presented in the document below, were pulled from that Factbook, which is available on Grainger’s Web site, <a href=http://www.grainger.com" ...
Five U.S.  ; producers of steel nails have filed antidumping duty petitions alleging that dumped imports of nails from and the United Arab Emirates (UAE) are causing material injury to the domestic industry. The petitioners allege antidumping margins of 59 percent to 136 percent for and 98 percent to 114 percent for the UAE. The petitioners are Mid Continent Nail Corporation, Poplar Bluff, </state>MO; Davis Wire Corporation, Irwindale, </state>CA; Gerdau Ameristeel Corporation (Atlas Steel & Wire Division), <city ...
Be careful not to get a sugar high from the HD Supply spin-off announced this past week. After a deal of this magnitude, it’s easy to get excited about what it means once the dust settles. But the dust won’t settle on HD Supply. If anything, the non-contributing or distracting units will be shed and a leaner, more focused business will emerge. It was not purchased to be gutted or dismantled. The remaining entity, while smaller in size, will likely continue as the lead consolidator in a narrower band of distribution verticals.
The deal will have a large impact in a few sectors, and virtually no impact in others beyond the perceived valuation halo effect. Some had anticipated the price for HD Supply might cool slightly due to the weakness of residential markets in North America. …
North American Breaker Co. (NABCO) has been enjoined in federal court from buying or selling virtually all Square D QO circuit breakers, and two other companies -CES Liquidating Inc. and TES Liquidating LLC -have been enjoined from selling any of Schneider Electric’s Square D products.
Square D filed suit against NABCO on July 26, 2006, contending that the company placed 50,594 counterfeit Square D circuit breakers into the field. In the suit, Square D alleged that NABCO was guilty of trademark infringement.
Counterfeit Square D products pose serious health and safety hazards to innocent customers,” said Bill Snyder, vice president-channel distribution for the Schneider Electric North American Operation Division. “Through this lawsuit and others like it, Square D has …
The gray market is ill-defined and can range from legitimate goods intended for sale elsewhere sold in an unauthorized area, to outsourced manufacturers who generate more product than that ordered by an OEM, to goods that are remanufactured after use, to pure piracy. Here's a look at a recent case between a manufacturer and distributor.
Recently, Hewlett-Packard resolved a gray market" lawsuit that it filed in a federal district court in Tennessee against one of its by-then terminated distributors and one of the distributor's customers.
In essence, HP claimed that its distributor violated the terms of its authorized reseller agreement by purchasing products at deep discounts and then selling the products to a customer not authorized by HP.
The …
To successfully integrate its company and grab market share, Interline Brands has had to pay close attention to and respond to the needs of acquired and current customers, Interline Brands President William Sanford said recently at the JPMorgan Basics & Industrials Conference.
In fact, learning about customers starts before an acquisition is even made, he said. The relationships we acquire are important. We have to understand how strong those relationships are before we make an investment," Sanford said.
The $1 billion distributor of facilities maintenance products was formed through a series of mergers of more than 20 companies in the plumbing supply and facilities maintenance industries.
Last year it bought American Sanitary Inc., a rollup and national …
