HD Supply Will Separate into Two Companies
Facilities Maintenance will retain HD Supply name, Construction & Industrial-White Cap will separate.
September 2019
Don’t Confuse Reducing Customers’ Inventory with a Reduction in Profit
With effective inventory control solutions there will be less waste and less shrinkage but more opportunity
Ohio Transmission Corporation Acquires IDG Compressor
IDG Compressor had been a part of what is now the Sonepar/Vallen Distribution network since 2001.
NAHAD Adds Board Member
Brian Pellegrin will be completing the board term vacated by the resignation of John Serra of Hydraulic Supply Co. earlier this month.
Power Transmission Distributors Grapple with Recruiting Difficulties
PTDA Foundation survey finds more than three-quarters of respondents have had more trouble hiring this year than in the past.
Chicago Fed National Index rises to 0.10 in August
The indexs three-month moving average was up to -0.06 in August.
Premium Member: 2019 Top Distributors List
Premium subscribers can access this expanded version of the MDM 2019 Top Distributors List for free. This report, featuring individual company information as well as 10 years' worth of revenue for applicable companies, is available only to MDM Premium subscribers. Subscribe below.
August Distribution M&A Roundup: Private Equity Moves Strengthen in Distribution
The dog days of August were anything but sleepy for announcements by private equity firms buying into industrial products distributors in the U.S.
Siemens to Acquire Process Systems Enterprise
PSE will be integrated into the Process Automation Business Unit of Siemens Digital Industries.
Lessons for Distributors as FedEx Ends Relationship with Amazon
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.
Industrial Production Up 0.6% in August
Manufacturing output increased 0.5% during the month.
FedEx Fiscal First Quarter Earnings Down Slightly
Net income fell 10.8% to $745 million.
Farewell and Thank You to MDM
MDM President moves on, returning to roots at distribution consulting practice Real Results Marketing.
ERIKS North America Recognized by Marathon Petroleum as a Top Supplier
Marathon Petroleum Corp is the largest refining company in North America.
Avnet to Acquire Witekio
The acquisition strengthens Avnets software and IoT capabilities at device level.
The Benefits of an Online Presence for Small Distributors
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.
Delaware Court Denies Essendant Motion in Dispute with GPC
In denying Essendants motion, the court sided with GPC in its contention that Essendant failed to meet its contractual obligations.
Timken to Acquire BEKA Lubrication
The transaction advances Timken's strategy of focusing on growing its leadership position in engineered bearings.
Turner Supply Acquires Mitchell Tools
Mitchells operation has been merged into Turners Hattiesburg branch location.
HD Supply’s Second Quarter Sales Up 1.4%
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.
