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Distribution Industry News

Grainger introduced Knowledge Center

Grainger introduced the Knowledge Center by Grainger, an online resource center designed to provide insights and information to customers who are looking for ways to save time and money, while increasing productivity.

F.W. Webb names award winner

F.W. Webb account manager Patrick Zrioka of the F.W. Webb Process Controls Division is the 2016 recipient of the coveted Lothar Kartanos Memorial Industrial Sales Award.

Saint-Gobain sales down 1.3 percent

Saint-Gobain reported sales of €39 billion ($41 billion) in 2016, a 1.3 percent decrease from €39.6 billion in 2015.

McCarty Equipment opens San Antonio branch

McCarty Equipment Co. Ltd., a subsidiary of GHX Industrial which is a wholly owned subsidiary of The United Distribution Group, announced the recent opening of a new location in San Antonio, Texas.

GHX Industrial names new VP of operations

GHX Industrial, a wholly owned subsidiary of The United Distribution Group, has promoted Brad Hoffman to the position of vice president of operations.

Chicago Fed National Activity Index declined in January

The Chicago Fed National Activity Index decreased to –0.05 in January from +0.18 in December.

Lawson Product sales rise 3.6 percent

Lawson Products reported sales in the fourth quarter of 2016 increased 3.6% to $67.3 million from $65.0 million a year ago.

ABB victim of fraud

ABB announced that its South Korean subsidiary may have been the victim of an embezzlement scheme.

Knipex names automotive sales manager

Knipex Tools LP announced Matt Laga as automotive sales manager.

ICP coordinated nearly 40 career events in 2016

Industrial Careers Pathway assisted dozens of volunteer “ICP Ambassadors” to participate in 39 career events across North America in 2016.

Power/mation co-founder to receive award

Don Craighead, co-founder of Power/mation, will be the first recipient of The Robotics Alley Lifetime Achievement Award for his impact on the robotics industry.

HD Supply Waterworks names new COO

HD Supply Waterworks announced the appointment of Brad Cowles as its chief operating officer.

PIP adds to sales team

Protective Industrial Products announced two additions to its sales team.

SunSource names new CEO

SunSource, a value-added fluid power distribution company, announced that Justin Jacobi will transition from his role as chief executive officer to become the company’s executive chairman.

Hyde IBS receives ISO certification

Hyde Industrial Blade Solutions, a producer of industrial blades and knives, recently received ISO 9001:2015 standards certification by the International Organization for Standardization.

AD event focused on eCommerce

More than 230 eCommerce leaders within 140 member organizations attended marketing/buying group AD's first annual multi-divisional eCommerce Summit in Dallas recently.

Motion Industries sales up 4 percent

Sales increased by 4 percent for Motion Industries in the fourth quarter to $1.15 billion, compared to $1.10 billion in the same period last year.

Nook Industries names COO

Nook Industries, a manufacturer of linear motion components and systems, named Jim Rowell as its new chief operations officer.

ISA members show growth in January

The February ISA Economic Indicator Report (EIR) from the Industrial Supply Association showed that manufacturers and distributors started the year off strong, with both indices rising in January.

AgoNow names VP of sales

AgoNow LLC announced that Dennis Brown has joined the team as vice president of sales.

NOW Inc. revenues decline 16.5 percent

NOW Inc. reported fourth quarter revenues of $538 million, down 16.5 percent from $644 million in the same period last year.

MRC Global sales down 26 percent

MRC Global reported sales of $719 million for the fourth quarter of 2016, 26% lower than the fourth quarter of 2015 and 9% lower than the third quarter of 2016.

Motor City Industrial acquires EMCO

Motor City Industrial announced the acquisition of EMCO Inc., a Charlotte, North Carolina-based industrial distribution and service business.

Winsupply opens California location

Winsupply Inc. has opened a Winsupply fire and fabrication location in Lake Elsinore, Calif., serving fire sprinkler system contractors throughout Southern California.

PT/MC distributor sales declined

The third quarter Sales History & Outlook Report released by the Power Transmission Distributors Association shows power transmission/motion control distributor sales have declined 1.9 percent from one year ago.

Thermoid launches new website

HBD Thermoid, a manufacturer of industrial rubber products, announced the launch of its new website, accessible via www.thermoid.com.

AJ Adhesives and Mid-America Packaging celebrate anniversaries

AJ Adhesives, a national industrial adhesives distributor, and sister company, Mid-America Packaging, a national equipment distributor, are celebrating milestone anniversaries in 2017.

PTDA index slowed in fourth quarter

The PTDA Business Index for  the fourth quarter of 2016 indicates continued slowing with a reading of 48.3, a noticeable rise from the 46.9 reading in the third quarter but still below the January 2016 PMI Index of 56.0.

Stellar recognizes Master Chemical and Sandvik

Stellar Industrial Supply recently named the winners of its 2016 Supplier of the Year Award and its Documented Cost Savings Supplier of the Year.

Industrial production decreased 0.3 percent in January

Industrial production decreased 0.3 percent in January following a 0.6 percent increase in December.

Triad Technologies names regional sales manager

Triad Technologies welcomed Jeff Knaus as the company’s regional sales manager for the Southern Ohio region.

Shurtape acquires Syntac Coated Products

Shurtape Technologies announced the acquisition of Syntac Coated Products, a designer and manufacturer of specialty adhesive coated products.

2016 manufacturing technology orders down 4.0 percent

Despite rising 20.6 percent in December, manufacturing technology orders finished 2016 down 4.0 percent compared to 2015.

FCX Performance acquires Renew Valve

FCX Performance has acquired Renew Valve and its Cleveland Valve & Gauge division.

GHX Industrial names new VP of sales

GHX Industrial has promoted Jeff Davis to the position of vice president of sales.

Timken sales down 8.3 percent

Weakness across most end markets and unfavorable currency resulted in a sales decline of 8.3 percent in the fourth quarter for Timken.

Walter names business development director

Walter announced the appointment of Thomas Benjamin as director of business development for North America.

Cutting tool consumption climbed in December

December U.S. cutting tool consumption of $176.04 million was up 4.4% from November and 12.5% higher than December 2015.

RBC Bearings sales up 1.7 percent

RBC Bearings said its net sales for the third quarter of fiscal 2017 were $146.7 million, an increase of 1.7% from $144.2 million in the third quarter of fiscal 2016.

Allied Machine acquires Superion

Allied Machine & Engineering, a manufacturer of holemaking and finishing tooling systems, has purchased Superion Inc. of Xenia, Ohio.

NetPlus Alliance promotes Brado

NetPlus Alliance, a buying group with more than 375 industrial and contractor supplies distributor members, has promoted Zach Brado to the position of business development director, effective immediately.

Newell Brands core sales up 2.5 percent

Newell Brands reported net sales growth of 165.0 percent to $4.14 billion and core sales growth of 2.5 percent in the fourth quarter of 2016.

Fastenal January sales up 9 percent

Sales in January jumped 9 percent to $336 million for Fastenal, compared to $308 million last year.

Construction employment up in January

Employment in construction rose by 36,000 in January, following little change in December.

Singer Equities acquires Rubber Supply Co.

Singer Equities announced its acquisition of Rubber Supply Co. in Morrisville, Pennsylvania.

AD member sales climb 9 percent

AD reported sales for all AD members across its seven divisions grew by 9% in 2016.

SKF sales up by 3.1 percent

SKF reported sales of SEK 18.8 billion ($2.2 billion) in the fourth quarter, a 3.1 percent increase from SEK 18.2 billion ($2.1 billion) in the same period last year.

Snap-on sales up 4.5 percent

Snap-on Incorporated reported sales of $889.8 million in the fourth quarter increased $38.1 million, or 4.5%, from 2015 levels.

Productivity increased in Q4

Nonfarm business sector labor productivity increased at a 1.3-percent annual rate during the fourth quarter of 2016.

Rockwell sales climbed by 4.5 percent

Rockwell Automation reported fiscal 2017 first quarter sales of $1.5 billion, up 4.5 percent from $1.42 billion in the first quarter of fiscal 2016.

Kennametal sales decline 7 percent

Kennametal reported sales of $488 million for its fiscal 2017 second quarter, compared with $524 million in the same quarter last year.

Manufacturing expanded in January

Economic activity in the manufacturing sector expanded in January, according to the latest Manufacturing ISM Report On Business.

Construction spending up 4.5 percent for 2016

Construction spending during December fell compared to November but finished the year 4.5 percent abovd 2015, according to the U.S. Census Bureau.

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