January 23, 2020 - Modern Distribution Management

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January 23, 2020

Applied Industrial Sales Fall 0.8% in Fiscal Second Quarter

Industrial distributor Applied Industrial Technologies (NYSE: AIT), Cleveland, reported fiscal second-quarter sales of $833.4 million, down 0.8% compared to the year-ago period. Net income fell 1.8%to $38 million. Excluding a 3.2% increase from acquisitions, sales decreased 4% on an organic basis reflecting a 3.5% decline in the Service Center segment and a 4.9% decline in the Fluid Power &

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Associated Builders and Contractors new construction tech report

New MDM Podcast: The Value in Making Innovation Part of Your Business Model

Innovation is hard to define. But that didn’t stop us from trying to get beyond generic bromides to analyze what it means in markets that are getting increasingly commoditized – by Amazon Business, new emerging marketplaces and other alternative supply sources. “Innovation in the commercial and industrial space is the equivalent of adding incremental or new

New MDM Podcast: The Value in Making Innovation Part of Your Business Model Read More »

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