The 2020 Mid-Year Economic Update_long
Latest
MSC Industrial Supply
Operations

Hillenbrand Declares First Quarter Dividend

The dividend is payable Dec. 31, 2020, to shareholders of record at the close of business on Dec. 17, 2020.

MSC New CSC
Operations

MSC Industrial Supply Co. Relocates Customer Support Center

Distributor will move to a smaller location with more employees working from home.

multicolored electrical wiring on white background
Operations

Allied Electronics Expands North America Distribution Center

The expansion doubles the distributor's capacity and leaves room for future growth.

IRCG-Pandemic-Revenue-Index-Nov-23-Nov-27-2020
Research & Analytics

Pandemic Revenue Index Shows 4.3% Jump

Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 23 to Nov. 27 indicated an increase; it could be related to the holiday, but nevertheless it marked the biggest sales growth since July.

Grainger Warehouse
Leadership

Grainger Announces CFO Change

Distributor appoints Robert O'Keef to interim CFO following the decision by Tom Okray to step down and join another publicly traded company.

Belt Power acquires Rubber Service
Operations

Belt Power Acquires Rubber Service

Rubber Service’s owner, Lou Siemer, will continue to lead the new branch for Belt Power, a portfolio company of Shorehill Capital LLC.

Shingle & Gibb
Operations

Graybar Acquires Shingle & Gibb Automation

Electrical distributor says the addition of Shingle & Gibb will strengthen its position in industrial automation and control.

Home Depot Distribution Centers
Operations

The Home Depot to Open Two DCs in Newark Area

With addition of two distribution centers, home improvement giant The Home Depot will bring 400 jobs to the tri-state area.

US LBM acquires Ridgefield
Operations

US LBM Acquires Connecticut’s Ridgefield Supply

Addition of building materials distributor will strengthen US LBM’s presence in the New York metropolitan tri-state area.

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
conexiom webcast 1
While eCommerce projects consume the attention of many CEOs, it is only one piece of what needs to be a more comprehensive strategy. The real battles for customer engagement, service and seamless experience will be won across several digital fronts and forms of digital order management. Join MDM CEO Tom Gale on December 17, 2020 at 1 PM EST in a conversation with Christian Wiltrout, COO of SureWerx and Ray Grady, CEO of Conexiom as they discuss the latest tactics to stay ahead of customers in 2021. 
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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