Milwaukee Tool, Brookfield, Wisconsin, has announced plans for a new vertically integrated manufacturing plant in West Bend, Wisconsin. The facility will manufacture hand tools for professional electricians and utility linemen. “With a focus on core users in the electrical, plumbing, and mechanical trades, our strategy for hand tools from the beginning has been to disrupt …
I haven’t talked with a distribution executive in January – in Europe or North America – who had a good thing to say about the last two weeks of business in 2019. The likely culprit was having Christmas and New Year’s holidays fall mid-week; customers, employees and revenues took time off. Manufacturing employment declined slightly in December …
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This report is researched and produced by MDM editors. View the Third Quarter report here. These product groups provide a snapshot of inflation trends based on the Producer Price Index from the U.S. Bureau of Labor Statistics. Fourth quarter 2019 pricing levels are compared with third quarter 2019 and fourth quarter 2018. Annual 2019 levels are compared to annual 2018 levels. …
MDM Pricing Trends Report: Fourth Quarter & Annual 2019 Read More »
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Wholesale revenues in November were $500.7 billion, up 0.8% from November 2018 and up 1.5% over October. November sales of durable goods were up 0.9% over last month and down 1.1% from a year ago. Sales of nondurable goods were up 2% over October and up 2.6% over last November. Inventories were $674.9 billion at …
In this report, available to download below, we feature data on merger and acquisition trends and financial metrics for the largest publicly traded distributors across diverse sectors during the fourth quarter of 2019. In partnership with Houlihan Lokey, an investment banking firm, the report includes data on M&A activity trends across all industries (not just …
Fourth Quarter 2019 Financial Metrics & Trading Multiples Read More »
Distributor Ohio Transmission Corporation, Columbus, Ohio, has acquired Laron Inc., Kingman, Arizona, a leading service provider of mechanical and electric motor repair and engineering in the southwestern United States. More. MSC Industrial Direct Co. Inc., Melville, New York, reported fiscal 2020 first quarter sales of $823.6 billion, a 1% decrease compared to fiscal 2019. Annual profit was $65.4 …
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