Day: August 25, 2009
We are adding powerful new tools to provide you with the best and most user-friendly information and research resource in wholesale distribution. When you arrive on our new Web site in September, take our quick site tour (look for the graphic above). Our tour will show you where to find key features on the new Web site.
U.S. manufacturers are beginning to bring back production from foreign countries as they take a holistic look at the costs and problems associated with outsourcing. About a year ago I was visiting a manufacturing plant that manufactured die-cutting presses. The CEO told me that most of the presses were manufactured in Taiwan, but there were a lot of problems trying to communicate the requirements, which resulted in quality problems.
June 2009 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $313.1 billion, up 0.4 percent from the revised May level, but down 21 percent from the June 2008 level.
Wolseley Cuts Ferguson CEO/President Position ... Gates Buys Hydrolink ... Grainger July Sales Down 14% ... Timken India Signs Agreement with Spearage ... GE and FANUC End Joint Venture ... M&A Continues Decline ... Manufacturing Accounts for Most Mass Layoffs ... U.S./Canadian Manufacturer Sales ... Wholesale Prices Down in July ... Earnings: Avnet, BlueLinx Holdings, Kaman, Applied Industrial Technologies, Beacon Roofing Supply, ERIKS, RBC Bearings, General Bearing, Fluor, Illinois Tool Works, The Home Depot ... USMTC Up 22% from May ... Manufacturing Barometer Shows Less Pessimism
This is the pdf of this issue of Modern Distribution Management. Apply the full $24.95 pay-per-view cost toward an annual subscription (within 30 days of purchase), which includes two issues a month plus access to more than seven years of online archives and market data. Call 1-888-742-5060 or email firstname.lastname@example.org to subscribe.