June 11, 2007 - Modern Distribution Management

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June 11, 2007

Barnes Distribution Opens Shanghai Sourcing Center

The Barnes Distribution business segment of Barnes Group Inc. has opened an international sourcing center in Shanghai, China. The international sourcing center is in the Xujiahui District in Shanghai, the commercial capital of China.

China has a well-established supplier base for key products such as fasteners, electrical components, and various transportation product lines. The Shanghai sourcing center will complement Barnes' previously established sourcing center in Taiwan.

Our continued efforts to service our customers as effectively and efficiently as possible will be enhanced with the opening of the international sourcing center in Shanghai," said Idelle K. Wolf, President, Barnes Distribution. "Our presence in Shanghai will provide a competitive edge for Barnes ...

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Canadian 1Q Capacity Utilization Edges Up 1Q

Canadian industries slightly increased the use of their production capacity during the first quarter of&nbsp ; 2007, halting four consecutive quarters of decline.

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Capacity utilization edged up from&nbsp ; 82.4% in the fourth quarter of&nbsp ; 2006&nbsp ; to&nbsp ; 83.0%. This level was&nbsp ; 3.0&nbsp ; points below the rate posted in the fourth quarter of&nbsp ; 2005, before the quarterly drops observed in&nbsp ; 2006.
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The industrial capacity utilization rate is the ratio of an industry's actual output to its estimated potential output. For this release, rates have been revised back to the first quarter of&nbsp ; 2005&nbsp ; to reflect the revised source data.
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Production rose slightly in the large manufacturing sector, but capacity use ...

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HD Supply Downsizes Plans in South Carolina

HD Supply, The Home Depot's wholesale division, is cutting back on plans to grow in Charleston, SC. HD Supply's lumber and building materials unit announced this week it will open a warehouse for contractors in North Charleston, according to the Charleston Post and Courier.
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The project replaces a larger one the company was planning. The location will be in an existing 65,000-square-foot building on five acres near Interstate 26.
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The scrapped project was to include a new lumber distribution center and manufacturing plant on 51 acres off of U.S. Highway 78, the paper reported.

In February, Home Depot announced it was considering strategic alternatives for HD Supply, including a possible sale or IPO. Home Depot has also - like other building ...

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Mayer Electric Buys Southeast Supply

Mayer Electric Supply Inc. has acquired Southeast Supply in Calhoun, Ga., as its 58th branch, the Birmingham Business Journal reported.
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Mayer Electric Supply is a distributor of electrical equipment and supplies, lighting, factory automation, tools and communications. Mayer serves eight states in the ...

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Industrial Producer Prices Up 2.4% in Euro Area

The industrial producer price index rose by 0.4% in the euro area in April 2007. In March, prices increased by 0.3%.

In April 2007, compared with April 2006, industrial producer prices gained 2.4% in the euro area.

The highest monthly increases were registered in Bulgaria and Greece (1.9%) and Denmark (1.8%). Decreases were recorded in the United Kingdom (-0.8%), Slovakia (-0.3%) and Belgium (-0.1%).

The highest year-over-year increases were recorded in Luxembourg (8.7%), Hungary (8%), Bulgaria (7.9%)&nbsp ; and Lithuania (7.3%). A decrease was registered in Denmark.

For more on European economic statistics, including industrial production, price indexes, construction output and industrial orders,&nbsp ; visit the MDM ...

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