Wolseley Agrees to Merge Tobler with Walter Meier
Company will combine its Swiss plumbing and heating business with heating and HVAC distributor.
February 21, 2017
Recommended Reading: Distributor Profitability Gets Boost
Distributors see highest rate of return on assets in five years.
Sonepar Agrees to Acquire Italian Wholesaler
Purchase of Sacchi expands footprint in Italy, most notably industrial market of Lombardy.
Motion Industries 2016 Sales Down 0.2%
Genuine Parts sales up 3 percent for the year.
The Conference Board Leading Economic Index for U.S. Up 0.6% in January
Index points to economic growth continuing in first half of 2017.
Canadian Wholesale Sales Up 3.1% in 2016
December saw the largest dollar value gain for the industry since January 2016.
Home Depot Sales Increase 6.8% in 2016
Fourth-quarter sales increase 18.5 percent.
Motor City Industrial Acquires EMCO
Purchase helps company expand industrial consumables and ancillary products presence.
December Construction Production Down in Europe
Production in the construction sector down in EA19, up in EU28.
Nook Industries Appoints COO
Former Parker Hannifin executive Jim Rowell brings 25 years of experience to manufacturer.
SunSource Appoints New CEO
David Sacher succeeds Justin Jacobi in fluid power distributor's top leadership role.
