Facilities Maintenance will retain HD Supply name, Construction & Industrial-White Cap will separate.
IDG Compressor had been a part of what is now the Sonepar/Vallen Distribution network since 2001.
Brian Pellegrin will be completing the board term vacated by the resignation of John Serra of Hydraulic Supply Co. earlier this month.
The indexs three-month moving average was up to -0.06 in August.
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PSE will be integrated into the Process Automation Business Unit of Siemens Digital Industries.
As Amazons ground and air delivery services continue to grow, the decision by FedEx highlights a dilemma often faced by distributors: Is the business gained from a relationship with Amazon worth the potential risks of working with a competitor? David Gordon of Channel Marketing Group weighs multiple considerations and potential alternatives for distributors.
Manufacturing output increased 0.5% during the month.
Net income fell 10.8% to $745 million.
MDM President moves on, returning to roots at distribution consulting practice Real Results Marketing.
Marathon Petroleum Corp is the largest refining company in North America.
The acquisition strengthens Avnets software and IoT capabilities at device level.
A lack of financing, experience and access to talent often keep distributors from engaging in e-commerce, a recent MDM survey found. But having an online sales channel is critical to new customer discovery, MDMs John Gunderson said in a recent webcast, with more than 80% of distributors expecting their online presence to grow moderately or significantly in the next five years.
In denying Essendants motion, the court sided with GPC in its contention that Essendant failed to meet its contractual obligations.
The transaction advances Timken's strategy of focusing on growing its leadership position in engineered bearings.
Mitchells operation has been merged into Turners Hattiesburg branch location.
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.