Wholesale revenues, inventories and ratios from December 2019.
MDM's top news briefs from News briefs from February 11 - February 25, 2020.
Fourth quarter sales were up 7.7%.
Peoplevox is a leading provider of cloud-based e-commerce warehouse management solutions.
Cletus Davis to retire from board in June.
The indexs three-month moving average, CFNAI-MA3, moved up to 0.09 in January from 0.23 in December.
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Annual sales were down slightly.
Sales for the fourth quarter were $719.1 million, up 6% from the same period in 2018.
Both transactions are expected to close in the spring of 2020.
Columbia Pipe is an independent distributor specializing in PVF, commercial mechanical, commercial plumbing, industrial, valve automation, engineered products and hydronics.
Sales for 2019 were reported at $3 billion, down 5.6% from 2018.
Motion Industries sales up 3.2% in 2019.
Fourth quarter sales fell by 14%.
The company has named Treg S. Brown as executive vice president, mergers and acquisitions, and James R. Neill executive vice president and chief human resources officer.
The two-year agreement with the U.S. Department of Energy's Oak Ridge National Laboratory is focused on improving milling performance on new Computer Numerical Control machine tools through the use of impact-testing software.