Company says divestment will help remained focused on profitable growth in key geographies.
Electrical distributor makes handful of executive appointments and promotions.
All four broad categories of indicators used to construct the index made positive contributions in May, and all four categories increased from April.
After 22 years as CEO and 38 years with the company, Derrow will transition to chairman.
Electrical giants clear regulatory hurdles as Anixter becomes wholly owned subsidiary of WESCO.
The industrial distributors Director of Organizational Development Cory Calderon sees a post-pandemic future with a hybrid remote/onsite work environment, contingent upon scalable software applications and technology upgrades.
Latest report shows U.S. cutting tool consumption down 24.7% from previous month of March.
Size doesnt matter when it comes to being successful in e-commerce. Walmart recognized that its prior e-commerce team, and perhaps its vision, could only take the company so far. It needed new blood, says Channel Marketing Groups David Gordon.
Ohio-based industrial distributor promotes Todd Karas to top marketing position.
COVID-19 stymies regulatory approval, preventing deal from reaching finish line.
Company to use proceeds of $133 million for further debt reduction.
PRI dips 8.5% for the week of June 8-12, indicating distributors are still struggling during pandemic.
Housing starts also down compared to year-ago period but up compared to April, according to U.S. Census Bureau data.
Paper and packaging manufacturer announced Wednesday a refinancing plan and an update on second-quarter sales.
Latest investment from Swedish bearing and seal manufacturer will expand current Chinese plant.
During the past few months, lighting distributor Bulbs.com pivoted to a new customer segment yet also leaned on such core beliefs as strong marketing and data to sustain its business during the pandemic. CEO Mike Connors shared some of the companys COVID-19 playbook.
Ben Rushing, a former outside sales representative, rejoins company as regional sales manager for the Western U.S.
According to the Industrial Production and Capacity Utilization Report, total industrial production grew 1.4% during the month.
In a recent MDM webcast, Navigating the New Now as a Distributor, Epicors Emma Vas and Mark Jensen discussed key trends that are emerging to help distribution companies thrive. Distributors are finding ways to boost revenue, negotiate supplier relationships, optimize inventory and streamline social distancing.