Market Snapshot: HVACR
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Market Snapshot: HVACR Read More »
February 2020
News Digest 5003
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Manufacturing Employment Fell by 12,000 in January
The unemployment rate was 3.6%, according to the U.S. Bureau of Labor Statistics.
Manufacturing Employment Fell by 12,000 in January Read More »
Fastenal’s January Sales Up 3.6%
U.S. sales grew 3.1% in January.
Fastenal’s January Sales Up 3.6% Read More »
Snap-on Sales Down Slightly in 2019
Sales for the fourth quarter were $955.2 million, a 0.3% increase year-over-year.
Snap-on Sales Down Slightly in 2019 Read More »
LINC Systems Acquires R.V. Evans Company
The acquisition of RV Evans further diversifies LINCs business across customers and end markets, as well as geographically with the combined businesses now serving customers in 30 states.
LINC Systems Acquires R.V. Evans Company Read More »
Martin Supply’s Doug Ruggles on the Secret to Family-Owned Success
While this privately held industrial supplier with more than 300 employees may not be a Harvard Business School case study in management structure, the three-brother leadership team has managed to buck the odds of many third-generation businesses by nurturing an entrepreneurial culture in an 85-year-old company. Listen to Doug Ruggles share whats worked to drive growth with a customer-centric solutions approach, with host Tom Gale.
Martin Supply’s Doug Ruggles on the Secret to Family-Owned Success Read More »
The Goods and Services Deficit Increased in December
Year-to-date, the goods and services deficit decreased 1.7%.
The Goods and Services Deficit Increased in December Read More »
Timken’s Q4 Sales Down 1.5%
For the full year, sales grew 5.8%.
Timken’s Q4 Sales Down 1.5% Read More »
ABB Sales Increase 1% in 2019
Profit decreased 34% to $1.4 billion.
ABB Sales Increase 1% in 2019 Read More »
AMETEK Sales Up 6% in 2019
The company also announced that is has acquired IntelliPower.
AMETEK Sales Up 6% in 2019 Read More »
Why You Should Consider Differentiated Service Levels to Grow Margin
Under-investing in customer-facing resources and tools can erode a distributors value, says management consultant Andrew Horvath. However, he cautions that being all things to all customers is often an expensive and inefficient approach. Successful distributors differentiate commercial service levels (CSLs) based on customer need and value, Horvath says.
Why You Should Consider Differentiated Service Levels to Grow Margin Read More »
BlackHawk Acquires Machine Tools Supply
The acquisition of MTS significantly extends BlackHawks service capabilities into large manufacturing markets.
BlackHawk Acquires Machine Tools Supply Read More »
Sysco Sales Up 1.8% in 2Q
For the first six months, Sysco reported sales of $30.3 billion, a 1.2% increase from the same period a year ago.
Sysco Sales Up 1.8% in 2Q Read More »
Emerson’s Q1 Sales Up Slightly
The company reported first-quarter sales of $4.2 billion, up 0.1% compared with the year-ago period.
Emerson’s Q1 Sales Up Slightly Read More »
Eaton Sales Down 0.9% in 2019
Profit increased 3.3% to $2.2 billion.
Eaton Sales Down 0.9% in 2019 Read More »
SKF Sales Up Slightly in 2019
Industrial sales grew 1.5% during 2019.
SKF Sales Up Slightly in 2019 Read More »
Anixter Sales Up 5% in 2019
For the fourth quarter, sales were $2.3 billion, up 6% over the year-ago quarter.
Anixter Sales Up 5% in 2019 Read More »
Fastenal, Anixter, WESCO Grab Headlines: MDM’s Most-Read Blogs of January
WESCO lands Anixter International acquisition and Fastenal draws attention as earnings season gets underway. Follow the links below to read MDMs most popular blogs from January.
Fastenal, Anixter, WESCO Grab Headlines: MDM’s Most-Read Blogs of January Read More »
Kennametal Sales Decrease 14% in 2Q
The company reported a loss of $5.9 million, compared to a profit of $54.7 million in the second quarter of 2018.
Kennametal Sales Decrease 14% in 2Q Read More »
