The 2020 Mid-Year Economic Update_long
Top Blogs of November 2020
Operations

From Market Leaders to Future Leaders: MDM’s Top Blogs of November

Go behind the scenes of Ferguson and Grainger, learn what’s driving building material M&A, discover the distribution leaders of tomorrow and see what Amazon does better than anyone by checking out MDM’s most-read blogs from last month.

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Latest
Manufacturing ISM Report On Business - November 2020
Research & Analytics

Manufacturing Sector Dips in November

The November PMI registered 57.5%, a decrease of 1.8% from the October reading of 59.3% but still marking a seventh consecutive month of expansion.

Construction spending October 2020
Research & Analytics

October Construction Spending Up 3.7% Year-Over-Year

The October figure also show a 1.3% improvement from the revised September estimate; year to date, construction spending is up 4.3%.

HARDI Trends October 2020
Research & Analytics

HARDI Distributors Report 2% Revenue Increase in October

Association also reports that the average annual sales growth for the 12 months through October 2020 for HARDI distributors is 3.1%.

Timken
Operations

Timken Acquires Aurora Bearing Co.

Bearings manufacturer adds company that employs approximately 220 people and expects 2020 sales to be around $30 million.

BMC acquires TW Perry
Operations

BMC to Acquire Maryland-Based Building Materials Distributor

Independent company, which serves Northern Virginia, Maryland and Washington, D.C., will become part of building materials giant — the soon-to-be merged BMC and Builders FirstSource.

Census Bureau Releases Two Advance Economic Indicators for October
Research & Analytics

Census Bureau Releases Two Advance Economic Indicators for October

The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories moved in opposite directions in October.

New Orders for Durable Goods October 2020
Research & Analytics

Advance Report: New Orders for Durable Goods Up 1.3% in October

Increase of manufactured durable goods is the sixth in a row following growth in May, June, July, August and September — all of which had been preceded by two decreases during the height of the coronavirus crisis.

PPG acquisition of Ennis-Flint
Operations

PPG to Acquire Coatings Manufacturer Ennis-Flint

Paints, coatings and specialty materials supplier PPG, Pittsburgh, Pennsylvania, on Monday announced that it has agreed to acquire Ennis-Flint, a Greensboro, North Carolina-based manufacturer of coatings, for $1.2 billion.

Real GDP 3Q 2020 Second Estimate
Research & Analytics

Real U.S. GDP Up 33.1% in 3Q According to ‘Second’ Estimate

The increase in real GDP reflected increases in PCE, private inventory investment, exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending.

White Papers
Reports
Podcasts

In this episode, Brian Gardner, founder of SalesProcess360, demystifies the Sales Process Audit that industrial sales organizations can implement to get ROI from CRM. While CRM can be an impactful technology, Gardner stresses that organizations need the right processes in place to capitalize on their CRM investment. With over 25 years of experience in sales management and CRM, hear Gardner’s insight on how companies at all stages can get the most out of their sales process.

Webcasts
epicor webcast 12-3
Join us for this panel discussion on December 3 at 1 PM EST, moderated by MDM’s Tom Gale, to gain insight from three distribution technology leaders on how they are approaching the year and guiding their teams to build more technology-enabled organizations.
Spotlight Videos
Valves on pipes
Scott Young, President of George E. Booth Co., a Midwest distributor of process instrumentation products and services, talks with MDM's John Gunderson about the company's launch of a cloud-based ERP system at the beginning of 2020. The timing could not have been better. As Young shares in this Spotlight video, the company was able to pivot quickly in mid-March when its 75-person workforce started working from home. The move allowed the team to focus on revenue-generating activity and value-added services to support customers, while reducing costs by automating back-end processes.

Partner Resource Center

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