Belgian distributor to join Sonepar affiliate Cebeo.
David Meyer takes over IT functions for electrical distributor.
Raw Materials Price Index rose 6.1 percent, largely due to higher prices for crude energy products.
Platinum Equity has agreed to acquire PrimeSource Building Products from Itochu.
Acquisition complements existing branch locations in Minnesota.
Acquisition expands company's presence in Charlotte, NC, market.
Acquisition expands company's product offering.
New plant will supply Nucor Steel Tuscaloosa Inc. and expand merchant gas presence.
Real gross domestic product increased 2.4 percent in 2014.
Thirty-three states added construction jobs between January and February.
New location to serve plumbing contractors in Greater Miami area.
Manufacturing production forecasted to grow 3.7 percent in 2015.
Profit decreased 33.4 percent to $9.7 million.
Acquisition complements company's processes and expertise.
News briefs from March 11-25, 2015.
Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
This index includes:
- Abrasives Products
- Cutting Tools
- Power Transmission Equipment
- Valves, etc.
- Power Tools
- Material Handling Equipment
- Hand Tools
- Misc. Metal
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Disruptions such as natural disasters and the recent West Coast port slowdown — now resolved but still facing months of backlog cleanup — are pain points for any distributor with a global supply chain. And while no one can predict the next labor dispute or earthquake, companies can mitigate risk by preparing for ways to deal with unexpected threats.