October 31, 2008 - Modern Distribution Management

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October 31, 2008

United Stationers Sales Up 12% in 3Q

United Stationers Inc., Deerfield, IL, master distributor of business, janitorial/breakroom and industrial products, reported sales of $1.3 billion for the third quarter 2008, an increase of 12% over the prior year quarter. Profit increased 20% to $33.1 million.
The December 2007 acquisition of ORS Nasco contributed 7% to the growth rate. Product category sales were up nearly 15% in janitorial/breakroom, up 2% in technology, and down 10% in furniture. Traditional office products grew 3%, driven by a significant increase in cut sheet paper.
Sales for the nine months ended Sept. 30, 2008, were $3.8 billion, up 8.9% from the same period last year. Year-to-date profit declined 3.8% to $75.9 ...

United Stationers Sales Up 12% in 3Q Read More »

Parker Hannifin Acquires EmiTherm Sdn Bhd

Parker Hannifin Corp., Cleveland, OH, a manufacture in motion and control technologies, has acquired Malaysia-based EmiTherm Sdn Bhd, a provider of electromagnetic interference (EMI) shielding and thermal management products. Terms of the transaction were not disclosed.
EmiTherm will be integrated into the Chomerics Asia-Pacific Division, a unit of Parker's global Seal Group.
EmiTherm enjoys a strategic footprint in Malaysia, enabling us to effectively serve our customers throughout the region. The acquisition of EmiTherm provides us with strategic advantage in this vital electronics manufacturing region, offering global customers access to products and efficient supply chain management," Heinz Droxner, president of Parker's Seal Group, ...

Parker Hannifin Acquires EmiTherm Sdn Bhd Read More »

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